Thursday, June 19, 2008

Republicans Playing Election Year Games

Seen these headlines?

  • White House Threatens Housing Veto
  • Paulson: Wall Street Needs Stronger Oversight By Fed
  • Bush Blames Democrats For High Gasoline Prices
  • Fraudulent Mortgage Crackdown

This is such a joke. Let's take a look at each story.

The White House is threatening to veto a bill designed to slow down the spiraling rate of foreclosures saying that it needs to see how large mortgage lenders would benefit from the legislation. WHAT?!? What about the Medicare Pharmaceuticals Bill? How much investigation was done into how the largest pharmaceutical companies would benefit from the bill? Answer: None. The same goes for all of the Energy Bills passed during the past 8 years. Who investigated the benefits that would be reaped by Big Oil? Nobody. This is a farce.

And how about this one?

"Treasury Secretary Henry Paulson urged quick action to give the Federal Reserve explicit authority to step in to protect the financial system if its stability is threatened."

QUICK ACTION? Who are they kidding? This administration has caused the current economic conditions. They have had almost a decade to dig this hole and now they want "quick action" and "explicit authority" to save our financial institutions. Sorry, but this is sounding too much like the rhetoric we heard after 9/11.

"Bush Blames Democrats For High Gasoline Prices" - This is probably the most ridiculous headline I have read recently. Bush is more to blame than any other single individual for the rise in gasoline prices. From the lies told post 9/11 goading us into war to the energy bills he has signed into law, President Bush has loaded the pockets of his bedroom buddies in Big Oil who have caused the precipitous rise in gasoline prices.

Finally, the "Fraudulent Mortgage Crackdown" - can you say "too little too late"? What will happen to those who are convicted or make plea deals? Fines - maybe at best. The HUGE majority of them will WALK. Mark my words.

And all of this is just an orchestrated effort by the medical/financial/military-industrial complex - a.k.a. the Republicans - to defame the Democrats in the run-up to the presidential election.

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