In a Fox News interview, however, Palin said the bailout was not socialist.
"I believe that there are those measures that had to be taken by Congress to shore up not only the housing market but the credit markets -- also to make sure that that's not frozen -- so that our small businesses have opportunities to borrow. And that was the purpose, of course, and that part of the bailout and the shoring of the banks," Palin said.
McCain, too, in his interview with Fox's Wallace, said the bailout was not tantamount to socialism.
"That is reacting to a crisis that's due to greed and excess in Washington," he said, summing up the bill, which he criticized for bailing out banks rather than homeowners.
"But you voted for that," Wallace said.
McCain replied, "Of course. It was a package that had to be enacted because the economy was about to go into the tank."
He added, "That's the reason why we have governments, to help those who need help, who can't help themselves, and in a time of crisis, to step in and do what's necessary to preserve the lives and futures of innocent people. It wasn't Main Street America that caused this; it was Washington and Wall Street." (emphasis mine)
Excuse me, but where was this "compassionate conservatism" during Katrina, John? If I remember correctly you were eating cake while New Orleans drowned. Point Two: The economy is already in the tank, you dumb fuck. Point Three: It may not have been Main Street's fault, but Main Street is sure as hell the one who will end up paying for it.
I suppose there are still some people around who are afraid that somebody working three jobs might get an extra couple hundred bucks a year under Obama's tax policy while Wall Street gets set to pay out about
$70 billion dollars in bonuses and staff payouts. I have had ENOUGH of hearing about how we should "create wealth" not "re-distribute it". I have a news flash for McGrampy: unless you've got a printing press that prints money (which is what was done in the case of the bailout) you cannot "create" wealth. You can only move it around.
Plan B goes into effect.
Convince us that we need a bailout. Put your men in charge of the money that is created and bail out only a few select entities. Each of these entities is run by more of your co-conspirators.
Allow deflation to have its way on everyone else. No money for nobody that’s not part of the plan. The monetary value of everything real gets destroyed, until you have repossessed and consolidated the world’s real assets with the bailout money we gave you (and it's a whole lot more than any paltry $700 bn by the time you get done).
Then and only then is money reintroduced into the equation, loaned, of course, with interest to a new generation of slaves, who repurchase those assets and go back to work doing what slaves do.
Another inflation cycle begins.
<snip>
ps. For whatever it's worth, the politicians you see doing these people's bidding are, for the most part, just puppets. And some aren't even aware of the strings attached to their bodies.
The PlanFor 30 years they have been trying to feed us the same old shit. Now they've been caught with their hand in the cookie jar. ENOUGH.
http://www.cnn.com/2008/POLITICS/10/20/campaign.wrap/index.html?eref=rss_topstories