It is becoming tiring to oppose our federal government’s binge of socialist bailouts, but it is a duty all thinking Americans have to our country. We are on a road to a repeat of Roosevelt’s ‘new deal’, a well-intentioned but horribly misguided policy of government economic intervention that prolonged the Great Depression instead of shortening it and saddled us—literally for generations—with unsustainable entitlement programs. Worse, our ever-growing federal government is accumulating more and more power and making toilet paper out of the Constitution.
Republicans in the Senate however, seem poised to oppose the 15 billion dollars ‘rescue’ (i.e., socialist bailout) of the big-three U.S. automakers who have made their bed and should now be expected to lie in it. Perhaps the wayward party of limited government, still stinging from an electoral defeat of their own making, has begun to find its bearings.
Of course, I’m not apt to get my hopes up. Congress seemed to come to its senses once before with regard to socialist bailouts, but then passed the much-derided 700 billion dollar plan that Treasury Secretary Henry Paulson (R) lied through his teeth to sell. These things change like the wind, and the wind on Capitol Hill seems lately to be blowing decisively away from capitalism, liberty, and limited, republican government.
You should write your congressional representatives and tell them to oppose this boondoggle, but these are (mostly) the same morons who passed the last boondoggle in the face of loud, constant opposition from their constituents so I’m not sure what good it will do.
I weep for the republic.
Update: The House of Representatives has passed a 14 billion dollar bailout for U.S. automakers. It now moves to the Senate for their action (or, preferably, inaction).