Friday, September 19, 2008

Republican Socialists

In principle, I have no real problem with the Bush Administration socializing much of the financial markets, in particular the takeover of AIG. What I do have a problem with is the hypocrisy involved with supposed free-market, small-government Republicans acting like European socialists. If the Republicans would admit that their ideas are wrong and the socialization of important societal functions was a good thing, I would be happy. But of course they won't. They'll go on spewing the same rhetoric and like always they'll be a little man behind the rhetorical curtain.

Leading Republicans don't actually believe most of their rhetoric. For them, government exists to support their interests. So they can pay no taxes, make terrible financial decisions with the promise of huge short-term profits, and know that the government will bail them out time after time. They will learn nothing from their previous behavior and no doubt will again engage in bad investments and shady practices to maximize profit.

And they are also happy to use the government to screw over the little guy, pushing for the bankruptcy bill because Americans need to show "personal financial responsibility." Well, where's that personal financial responsibility you scumbags. And of course we can't have a national health care plan because that would be socialism. It would raise our taxes! Yet, what is this bailout of the financial markets going to do to our nation's economy? Will we have to raise taxes? Or will we just engage in the same kind of chimeric financial policies of putting off debt and sacrificing the long-term health of the nation for short-term solutions?

I predict the latter.