Gunpowder Chronicle posted on September 28, 2008 4:11 PM | Rating:
| Views: 159
If Congressman Roscoe Bartlett (R-MD 6) votes for the giveaway bailout bill, I may decide to run for Congress in 2010.
The Democrats in this country keep whining that th ey can't pass a bill without Republican support. Why? They hold majorities in both houses. If they cannot pass a bill crafted by their own corruptocrats -- Chris Dodd and Barney Frank, to be specific -- that is a failure of their leadership.
Let's be clear on this: we now know that President George W. Bush is so out of his depth on this matter, that he is allowing the GoldmanSachs alumni (Ben Bernanke, Hank Paulson, and Chief of Staff Josh Bolten) to whisper in his hear the needs of Wall Street over the wants of Main Street.
Let's also be clear on this: when a banker gives you advice, it surely will only be to the advantage of the banker.
Why should Republicans abandon free market principles to socialize risk and privatize profit in order to give political cover to a group of liberal fascists?
Don't like the use of the word fascist? Well, my friends, the concept of "socializing risk and privatizing profit" was a key platform of Italian Fascists in the 1920s and 1930s:
“In actual fact, it is the State, i.e. the taxpayer, who has become responsible to private enterprise. In Fascist Italy, the State pays for the blunders of private enterprise. As long as business was good, profit remained to private initiative. When the depression came, the Government added the loss to the taxpayer’s burden. Profit is private and individual. Loss is public and social. In December 1932 a Fascist financial expert, Signor Mazuchelli, estimated that more than 8.5 billion lire had been paid out by the Government from 1923 to 1932 in order to help depressed industries. (Rivista Bancaria, December 15th, 1932, p. 1,007). From December 1932 to 1935 the outlay must have doubled.” [Gaetano Salvemini, Under the Axe of Facism (London: Victor Gollancz LTD, 1936) p. 416]
(quote: H/T Liberal Facism Blog @ National Review)
If Congressman Roscoe Bartlett wants to join the facisti, he should join the ranks of "former worthless Congressmen".