Wednesday, 1 October 2008

The Credit Bailout...

...I think I understand it a bit more now. At least I know what to say to my family and friends, I actually have a point of view. Iowahawk explained it all with this debate...

..and re Sarah Palin from The Cato Institute...
Some commentators are suggesting that the McCain campaign has panicked about Sarah Palin’s appeal, trying to cram her head with policy-wonkery and then hiding her in a closet when that didn’t work. Let Palin be Palin, they say — let her show her authentic self, the gun-totin’, family-raisin’, reformist governor that Alaskans love. Good idea. Let’s start with the bailout. Surely a rugged individualist reformer from way outside the Beltway is champing at the bit to denounce this $700 billion bailout for Wall Street insiders cooked up by Washington insiders behind closed doors, without public hearings, with the unanimous support of the mainstream media. Let ‘er rip, Governor Palin. Tell the Wall Street bankers that when a small business makes bad decisions in Wasilla, it goes out of business, and the same rules should apply to large businesses in Manhattan. That’s the Sarah Palin conservatives say America would love.

And a statement of principle from the wonderfully named Congressman Thaddeus McCotter.