Archive for September, 2008
Monday, September 29th, 2008Pass a Better Wall Street Bill
Dear Democrats,
I’m not sure if you realize this, but Republicans handed you a fantastic opportunity today by not passing the Wall Street bailout bill.
Facing pressure from constituents, 2/3 of Republicans failed to back the bill.
Here’s the political end-game they are playing and how this works to your advantage.
Republicans are betting that either a) more […]
When ‘Letting the Market Work’ Doesn’t Work
In the midst of what has been called the “worst economic crisis in our nation since the Great Depression,” it’s time to take a deep breath and step back from all the party blame.
Both sides are so busy blaming the other that the real underlying cause is being ignored. This issue is not a Democratic […]
Let Wall Street Fail
Why don’t we simply make the $700 billion available to banks that didn’t make risky bets on subprime loans?
Wouldn’t rewarding those banks that made good investments make more sense to help out our economy than bailing out those who made bad financial decisions?
The financial system would not collapse and we would be better off than […]
The Case for a More Progressive Economic Philosophy
The power has been out in much of Southwestern Ohio this week and that may have been a blessing for many people as they didn’t have to watch the collapse and subsequent bailout of Wall Street.
Lehman Brothers goes under and the government has to step in to rescue insurance giant AIG. Merrill Lynch was then […]
9 Things I Learned from the Republican National Convention
Liberals are bad. Very bad. But Republicans need to reach out across the aisle to them. But first, they must call them names and blame them for everything that is wrong with America.
Republicans want change too. Even though they’ve been in charge for the past eight years. Apparently they can’t change anything while holding the […]