Tuesday, December 30, 2008

Really? Bush, Congress not conservative?

Just as I was beginning to think that privatizing profits and socializing losses has always been a major tenet of the Republican party, the linked Washington Post article reveals the following:

"We can't be a party of small government, free markets and low taxes while supporting bailouts and nationalizing industries, which lead to big government, socialism and high taxes at the expense of individual liberty and freedoms," said Solomon Yue, an Oregon member and co-sponsor of a resolution that criticizes the U.S. government bailouts of the financial and auto industries.

Dumbfounding, encouraging, and infuriating all at the same time.

Is this a signal of changes to come, or simply the cry of a powerless few within an increasingly irrelevant political party? Only time will tell, but as long as the corporatists are in charge or in office, there remains little hope.

On an unrelated note, in case there is anyone out there reading this blog, I highly recommend the Spengler articles found at the Asia Times Online. They are always rich in information, insight, and opinions about economic and social matters. This week's article is no exception, and explores how demographics impact the economy.


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