Obama + Bailout = Socialism

If this bailout goes through as crafted by Paulsen and Barack Obama wins on November 4th the slow path Democrats are taking toward socialism becomes a greased slide.

Once the government has their hooks into the free market America the Free becomes part of history.

I like what some of the Republicans are proposing much better than the full bailout. They talking points that are being used are good ones --- Main Street not Wall Street. I know that the two are intertwined and if Wall Street fails thus falls Main Street. However, there must be a way, there has to be a way, for Wall Street to pay for their own ills.

It's a huge issue and I'm glad John McCain and other Republicans have put the skids on the plan they tried to cram down our throats so we have the opportunity to examine it and try to find other options.

I seriously doubt they'll come up with something that will make me a happy camper.

John McCain on Financial Crisis

"This financial crisis requires leadership and action in order to restore a sound foundation to financial markets, get our economy on its feet, and eliminate this burden on hardworking middle-class Americans. I've spoken with Secretary Paulson and look forward to reviewing the full Administration proposal, as well as any modifications that might emerge in Congressional negotiations. As part of that process, I encourage all parties to consider both the principles and the proposals that I laid out on Friday in my Mortgage and Financial Institutions (MFI) trust plan -- an approach that would proactively resolve troubled financial institutions, enforce discipline on management and shareholders , and minimize the burden on the taxpayer."