Tuesday, September 30, 2008

The Moonbats Are Nuts!

Amazing! Democrats control both Houses of Congress. That means --- if Democrats are united --- Republicans cannot pass anything. It means, with the exception of the Senate filibuters, Republicans can stop virtually nothing.

Yet it is Republicans are responsible for the failure of the $700 billion bailout bill?!?!?!

Survey says ... well, the surveys will probably reflect that those idiots who are inclined to believe virtually any Democrat lie believe this, too, reflecting the triumph of government-controlled education, and the absence of teaching mathematical skills. But anybody who can count votes should know better.

That's nearly as crazy as the suggestion that George Bush is responsible for the financial crisis because of his agenda --- TALKING POINTS ALERT! --- of "deregulation on steroids."

Well, the first thing is, the Bush Administration attempted to sound the alarm on the precarious status of Fannie Mae and Freddie Mac practices years ago. Democrats on the Hill didn't want to hear it. After all, if Fannie Mae and Freddie Mac kept on making irresponsible loans to people who couldn't afford to repay them, well, that just guaranteed another loyal Democrat constituency whose votes were effectively bought.

And let's not forget how this "crisis" started. Just like the "health care crisis," this is a "crisis" of Democrats' making. Democrats sponsored and jealously guarded the "community reinvestment" programs, supposedly enacted to address "racism" in the lending industry. Of course, Democrats were happy to fraudulently misrepresent sound and responsible lending practices as "racism" for political gain.

Soooooo, they socialized a portion of the lending industry with "government-sponsored entities": Fannie Mae and Freddie Mac. And just like Medicare (which socialized virtually half of the health-care "system," now that the chickens are coming home to roost, Democrats are calling, not for recognition of the failure of socialism and a removal of irresponsible government mandates, but for --- you guessed it! --- more socialism.

Now I can't begrudge any Republican who voted for the bailout. I understand their concern. It might even be a necessary evil, in light of the fact that this is a government-made crisis, arising out of government mandates. Kind of like the S&L debacle, where government guaranteed accounts, but failed to exercise appropriate oversight. The case can be made, and GOP leaders tried to make it.

However, unlike Democrats --- who reflexively throw money at any situation --- I would expect Republicans and Conservatives to be able to recognize the root causes, and actually address them by getting government out of an enterprise in which it has no legitimate business, expertise, or constitutional authority. And I expect Republicans to go after Democrat robber-barons like Franklin Raines, who precipitated this crises while profiting handsomely.

But to suggest that the failure of the bailout is to be blamed on the Republicans, well, only a moonbat residing in the cave of a far-Left echo chamber could believe that!

H/T to Riley for the YouTube video.

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