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Originally Posted by Ustwo
I've avoided most of the chatter, but mmm McCain is ahead in the polls?!?  |
The other day, McCain said this:
But, don't worry, when it comes to government helping the "little guy", he comes down squarely in the company of Herbert Hoover and George W. Bush:
Quote:
http://www.presidency.ucsb.edu/ws/index.php?pid=22458
Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves.
http://www.whitehouse.gov/news/relea...0080314-5.html
The temptation of Washington is to say that anything short of a massive government intervention in the housing market amounts to inaction. I strongly disagree with that sentiment.
Government actions are have far-reaching and unintended consequences.
http://www.nytimes.com/2008/03/26/us...hp&oref=slogin
I have always been committed to the principle that it is not the duty of government to bail out and reward those who act irresponsibly, whether they are big banks or small borrowers.
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