Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Wednesday, September 17, 2008

“Regulation” week for McCain

This week the winds are clearly blowing in the direction of regulation, and so is “weathervane” McCain, the usual champion of deregulation. This is a more comfortable position for our "maverick" to assume, as the Wall Street meltdown represents the epitome of capitalism gone wild with any semblance of regulations put aside.

So, at least, no one can blame the old man for not going with the flow and not trying to show that he understands economics. At least he’ll feel better today as he learns that we, the tax payers, will bail out AIG; perhaps this is a measure of Bush-McCain concept of capitalism!

Monday, September 15, 2008

GOP lousy paradigm

According to the Republicans, Democrats are “Tax and Spend” folks. That couldn’t be farther from the truth. See what happened under George Bush and see how Wall Street is now caving in under the “Law of Markets” meaning that we’ll all have to pay for that wave of deregulation pushed by the Republican Agenda.

The new paradigm should be “vote Republican, wish you’ll save on taxes now, but be ready to be in total ruins very soon.” That brings me to some other idiotic and Republican mantras: “Drill, baby, drill” which echoes with that one: “Deregulate, John McCain, deregulate!”