Monday, September 29, 2008

Bailout Bill Defeated

OMG. Representatives under reelection have defeated the bailout. If they think grumpy fiscal conservatives are a threat to their campaign, just wait 'til they feel the wrath of millions of newly unemployed voters.

Seriously, the time for discussion and anger is over. We have to pass the best bill we have, no matter how flawed.

Sunday, September 28, 2008

More on First Debate

I saw a clip on youtube where McCain's refusal to look at Obama was described as contempt. It's an interesting theory, but I don't think that's what it is. I am starting to think it is intimidation. Obama's backround is the ultimate intellectual, Professor and Harvard Law Review Editor. McCain is a soldier. He got in the Senate based on character and common sense approach to politics. He is not Obama's intellectual equal and he knows it.

Friday, September 26, 2008

Tuesday, September 23, 2008

$700 Billion Bailout

This bailout would be the biggest transfer of wealth in history, from working Americans to predatory lenders and those who supported them. If I'm going to bail out a corporation, the shareholders should be wiped out. The government should own the company, and should auction it's shares or assets at some future date.

Otherwise we are going to repeat this exercise in the future. Those companies which are "too big to fail" would be free to take outrageous risks in pursuit of higher profits. That is a recipe for disaster if I ever heard one.

Saturday, September 6, 2008

McCain and Trust

John McCain hit the nail right on the head in his acceptance speech for the Republican nomination. He said the Republicans have lost the trust of the American people. That's really an understatement, at least for this former Republican.

He claims to be different, and to advocate change. And it would be believable, given his reputation. But Obama's point that he voted with Bush 90% of the time is telling.

His stated policies are on the whole better than Obama's, but the differences are pretty minor. But where they really differ, he is pretty scary.

His platform on abortion is too extreme. The platform supports a constitutional amendment that "The unborn child [from the moment of conception] has a fundamental individual right to life, which cannot be infringed." This means a 12 year old girl, raped by her father will be forced by the federal government to bear the child. That is positively barbaric.

He supports even further cutting taxes on the wealthy. This just makes me sick, and I won't talk about it any more.

His responses to various questions lead me to believe he is a warmonger. At the least he tends to think about international issues in military terms. When asked about how to deal with evil in the world, he dismisses any notion of containment, and insists on defeating it. Well, there is a lot of evil in the world, and many countries wish us harm.

If you vote for a warmonger, please do not be surprised when you get a war. What I am really afraid of is, Given McCain's attitude toward global ideological struggle, the opponents in his war will not be Iran or North Korea. They will be Russia and China.