Wednesday, October 29, 2008

The GOP is never at fault


According to the pundits at Fox News, this financial crisis is 100% the fault of the Democratic Party, through its enabling Fannie and and Freddie to make cheap home loans to unqualified buyers.

It's never mentioned in so many words, but the images accompanying these diatribes never fail to point out the black face of Fannie's CEO and the black faces of many of these unqualfied buyers.

By this reasoning the banks and other financial institutions are the innocent victims of the Democrats and all those vile poor people; so using the bailout to succor the real victims--the rich--only makes sense.

As for ordinary citizens, the obvious solution (to the GOP at least) is to cut government spending and lower taxes. These are also the solutions to all other circumstances, good times and bad.
So once we've rescued the rich from the Democrats with the bailout, the government's job is done in terms of any active role in the marketplace.
See how simple it is if you're a Republican?

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