Posted by
Icarus on Sunday, October 05, 2008 11:17:17 PM
I'm beginning to think that the bill in which "Congress took a big step in the direction of at least giving us the
tools necessary to bring some stability into the marketplace,"
according to President Bush is going to one thing and one thing only: Create Europe in America. Marketplace stability?!? The market fell almost 200 points after the "Bailout" was passed by Congress -
Approval Rating 17% - and signed by President Bush -
approval rating 22%.
Jonah Goldberg links to a story in The Hill that tells us Lobbyists are lining up to feed at the public trough. Here's what jumped out at me:
"[Rich Gold, the head of Holland and Knight’s government relations and regulatory practice.] believes that the crisis on Wall Street will even affect the
debate over the highway bill next year. Some advocates have argued that
projected highway fund shortfalls should be made up through a greater
reliance on private sources of funds, but that position is likely to be
viewed with a much more skeptical eye after the credit crunch.
“That’s over,” Gold said."
There you have it, folks. Where private enterprise may have had a chance at investing in American infrastructure, now, thanks to the worst Congress EVER - thank you, Democrats - we only have Big Government.
President Bush is the force that freed 50 million people from Fascislamist totalitarianism in Afghanistan and Iraq. That legacy, however, may disappear down the memory hole when historians look back on this period in time and see America's slide into European Socialism become an absolute free-fall. And I would be willing to bet that they will be looking back in order to praise scum like Speaker Pelosi and Senate Leader Ried for bringing it about.