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Petrified-OMO
Taxing Patience
    

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Posted - Sep 14 2009 : 22:19:55
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Technically. How did so many of Bush's judicial appointments get blocked? Or, with far greater relevance to today's economy: who blocked legislation in 2001 and 2004 to regulate Fannie and Freddie the same way every other mortgage bank was regulated via sarbanes-oxley (2002)? Certainly, the 'republicans' could have broken some filibustering, they were far too polite, yet they were pretty content to do nada. I can attest first hand that the Subprime problems would have been truncated seriously had they been required to account the same way every other mortgage bank had to back in 2004 or better back in 2001. The Subprime market was drying up until Fannie and Freddie were given the green light to keep up business as usual under the hospices of "equality" in lending.
In 2006 people put the the Dems into power because the republicans were behaving like democrats; being moderate. Again, that RINO issue. Why vote for the fake when you can vote for the real thing?
The Republicans could have done much to limit government and they chose not to. Partly because they were afraid of a confrontation with the Democrats and because they believed polls and press telling them that moderate was the way to go. You see the results of it with McCain. But even then, he knew he had to be more Conservative than Moderate. His pick of Palin kept Obama from having an election landslide.
In the end, the best thing for everyone is if the government severely reduced it's size to do what it can only do best: protect this nation from our enemies. Everything else can go because I can guarantee you that even in liberal cities, people's compassion for each other will lend them to helping each other, which is the best thing for any nation.
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Country: USA
| Posts: 7782 |
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