Wednesday, September 24, 2008

McCain Squirms as Debate Approaches

Sen. John McCain is trying to squirm out of Friday’s presidential debate with a claim to doing the public’s business.

I don’t doubt that the country is in serious economic trouble. I’m very uncomfortable with socialism for the wealthy and bailouts for the Wall Street high rollers. It’s strange how these are the same folks who reject all plans to provide socialized medicine for we who need. Nor do I see any relief coming down the pike for those of us who have lost half the values of our homes but can afford to pay our mortgages. I tried negotiating with my mortgage holder on the basis that they hired the appraiser, so half the mistake is theirs. Nopesy. The debt is all mine.

Questions are being asked in Congress about why the trouble escalated to the point that Congress is being asked to rush a $7 billion bailout through in one week. As Stephen Colbert pointed out on The Colbert Report last night, Secretary of the Treasury Hank Paulson, who has asked to administer this unprecedented governmental slush fund without oversight, is a former employee of Goldman Sachs himself. This is a lot like Wiley Coyote says only he can protect the henhouse; just trust him.

Until today, The Idiot In Chief said he wouldn’t sign the bill – the bill he is so adamant must be passed – if limits were placed on executive salaries.

The whole thing stinks.

Like his Republican Party counterparts who are exploiting the economic downturn for personal gain, McCain is exploiting the so-called crisis to avoid debating a contender who is smarter and better prepared to deal with complex economic situation than he is.

Let the housing market crash. People will find apartments to rent. People with savings will buy the homes at reasonable prices. At last. No bailouts for the wealthy.

1 comment:

Sylvia K said...

Amen! Great post! Even if the subject matter is crappy, we don't have a lot of choice with that one.