Comments Posted By Concerned Conservative
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GOP CONUNDRUM: MCCAIN VICTORY WILL DELAY PARTY REFORM
An Obama victory would be an unmitigated disaster.
This is the same party that gave us the subprime mortgage crisis by putting the Community Reinvestment Act on steroids in 1995, and requiring banks to offer mortgages to people who did not meet traditional standards. It took just ten years of that foolishness to destroy the mortgage banking industry. Now they want to blame the collapse on the people who remixed those mortgage loans into other investment securities. But the core problem is that money was loaned to people who could not pay it back. And now the American taxpayers are picking up the bill, one way or another. After all, at least some poor folks got to enjoy the American dream of home ownership for a short while, before it turned into a financial nightmare -- for them and all the rest of us.
The Democratic party has given us the most partisan member of the House as speaker, and two of the three most left-wing members of the Senate as candidates for President and VP. Quite clearly, their agenda is not to move the country toward the center, but toward the hard left. If they win the presidency and hold control of congress, they will turn the US into a socialist country, with Marxist tax policy ("From each according to his ability, to each according to his need").
America did not achieve its greatest prosperity through socialist policies, but through personal freedom and free market economics. In the current economic climate, the last thing we need is more socialism.
Comment Posted By Concerned Conservative On 17.09.2008 @ 09:55
