bailout

Chris Knight's avatar

Longtime readers of this blog know that I’m for fiscal conservatism and letting the free market be responsible for itself, without government interference. Meaning that among other things that I’ve never thought anything favorable about government bailout programs.

A few days ago Mitt Romney, the assumed Republican candidate for President, announced that Paul Ryan would be his running mate in this fall’s election.

Paul Ryan is being touted as a “Tea Party conservative”.

Okay, well then…

Why should this blogger, or anyone else for that matter, vote for a Romney/Ryan ticket when Ryan:

– voted for the $700 billion Troubled Assets Relief Program (TARP)

– voted for bailouts of $14 billion for General Motors and Chrysler

– voted for bailouts of Bank of America, BB&T, Citigroup, Morgan Stanley, Wells Fargo, and other banks

– voted for bailing out Fannie Mae and Freddie Mac

– voted for the insanely expensive Medicare

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Chris Knight's avatar

Longtime readers of this blog know without me having to remind anyone: party allegiance doesn’t exist in this dojo. Personally I’d rather see a country full of citizens who are beholden to no political parties at all. And I like to think that one of the end characteristics of that drastic un-affiliation is that this blog and its peculiar proprietor are equally hard on both Democrats and Republicans.

But I also believe absolutely in the right to expression, whether in speech or belonging to the party of one’s choice, if one chooses to belong to one at all. I just try to do my best to encourage people to think about it before they commit to something, but that’s beside the point of this post…

WorldNetDaily was the first to report that there is apparently a disturbing pattern among the Chrysler dealerships that have been targeted for closure as part ...

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Chris Knight's avatar

It’s become “The Rant Heard ‘Round the World”: CNBC’s Rick Santelli on the floor of the Chicago Mercantile Exchange two days ago, blasting President Obama’s mortgage bailout plans and calling for a new “tea party”…

Santelli’s impromptu screed alarmed the Obama Administration enough that Press Secretary Robert Gibbs attacked Santelli during the daily White House press briefing yesterday.

Most of y’all who read this blog on a regular basis know what I’m gonna say already: that Rick Santelli is absolutely correct. That the American government is rewarding “bad behavior” and consequently is punishing those who are striving to play fairly by the rules.

At every level, government in the United States is out of control. It has “gone rogue”. Our government is no longer of the people, by the people and for the people. It is now an entity unto itself, existing for its own sake, and proven willing ...

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Chris Knight's avatar

A few months ago George W. Bush proposed wasting hundreds of billions of dollars of our money and it was called “bailout” and some politicians approved it. Today Barack Obama is proposing wasting hundreds of billions of dollars of our money and it’s being called “stimulus” and those same politicians deride it as unacceptable.

I would like to quote “Oceania is at war with Eurasia, Oceania has always been at war with Eurasia” to the Powers That Be, but sad to say, they most likely wouldn’t get it.

And now that he’s President, doesn’t Obama have better things to do than to get into the proverbial “pissing contest” with a radio commentator who is nothing more than a shameless shill for the “other side”?

Don’t we have better things to do than to even care about such a non-story involving two men with apparently arrested development?

Pat Buchanan is right: ...

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