bailouts

1 Comment Posted on '08 Election, Conservatives, Republicans

sanford to the feds: no thanks

I love this guy. Send him to D.C.

Governor Sanford says — we don’t want your money, feds:

In 2008 bailouts became the first resort. Over the past year the federal government has committed itself to $2.3 trillion (including the tax rebate “stimulus” checks of last February) to “improve” the economy. I don’t see how another $150 billion now will make a difference in a global slowdown. We’ve already unloaded truckloads of sugar in a vain attempt to sweeten a lake. Tossing in a Twinkie will not make the difference.

However, there is something Congress can do: free states from federal mandates. South Carolina will spend about $425 million next year meeting federal unfunded mandates. The increase in the minimum wage alone will cost the state $2.6 million and meeting Homeland Security’s REAL ID requirements will cost $8.9 million.

Based on what I saw in Washington, the bailout train is being loaded up. Taxpayers will have to speak up now to change its freight, tab or departure.

Everybody wants a free lunch.  It’s hard for governors to turn down money from the feds, especially because, as Governor Sanford says, there are plenty of federal mandates that state governments are responsible for implementing even if they have to pay for them out of their own state budgets.   I applaud Sanford for continuing to do the right thing, and for standing up for the taxpayers of this state.  We need more Republicans like him at the federal level.  I suspect this will be a tough goal to reach, because the Democrats will be given another chance to prove that this Congress will not be as worthless as the last one was.  The national Republican party has some work to do to regain the trust of the country, and it can start with its own membership.

As long as Republicans refuse to learn from 2006 and 2008,  continue to bury their heads in the sand, and continue to reshuffle the deck chairs of the SS GOP to put the same people who gave us John McCain in charge of our next election campaign, WE WILL CONTINUE TO LOSE ELECTIONS.

More on this in a future post…

8 Comments Posted on '08 Election, Democrats, Liberals, Republicans

where we stand

A couple thoughts on the debate — the format was awful, but I expected more of Tom Brokaw.   We didn’t get any new information out of this debate (other than McCain’s call for more bailouts, but I’ll get to that).  Neither candidate was able to challenge his opponent’s comments in any depth, and this worked great for Obama.  It drives me nuts every time I hear Obama’s claim that 95% of the people will get a tax cut under his tax plan.   As we all know,  a much lower percentage of Americans actually pay taxes.  He is never challenged on this claim.  Since we know the economy will continue to struggle for a while, it makes sense to force the government to sacrifice some of its largesse for the good of all Americans.   That’s why I believe John McCain was on the right track when he proposed a spending freeze (with a few obvious exceptions).   If we are forced to make tough budgetary choices in our own lives, then the government must make some spending cuts as well.

While I have serious doubts about many of Barack Obama’s spending proposals,  John McCain insists on proposing to spend $300 billion more taxpayer dollars on buying up mortgages.  Can’t we start this election over with two different candidates?  If there’s any other candidate who is more tone-deaf to conservatives than John McCain, I have yet to see one.  As a candidate of reform, he should have fought the bailout and the pork added to it, as well as casting a vote against it.  This bailout was eventually going to pass, so there would have been no political risk to McCain if he made a real maverick choice for once.  He also should have promised to review the bailout deal after becoming president to see if that deal is producing the desired results.  This would have put him in a much stronger position on the economy, since there was and is much public opposition to the bailout deal. 

It’s because of my opposition to Barack Obama and his plans for this country and for our economy that I am supporting John McCain and encouraging others to do the same.  One thing’s for sure…no matter who wins this election, it won’t be a fun 4 years.