[C]ount me among those few here who want to thank the House Republicans for taking a bold stand against what had been a stampede on a scale I have never before witnessed on matters of huge consequence. Conservatism is more than a quaint belief-system to be embraced and debated over donuts at Starbucks. It is more than a list of talking points. It is the foundation of the civil society. The liberal uses crises, real or manufactured, to expand the power of government at the expense of the individual and private property. He has spent, in earnest, 70 years evading the Constitution’s limits on governmental power. If conservatives don’t stand up to this, who will?
Filed under: The Government Engineered Mortgage Crisis , President Bush, Democrats, subprime mortgage collapse, Community Reinvestment Act of 1977, Jimmy Carter, Bill Clinton, mortgage, House of Representatives, subprime, Dow Jones, Fannie Mae, Freddie Mac, banks, Jamie Gorelick, Franklin Raines, AIG, minorities, Jim Johnson, Bear Stearns, Government engineered mortgage crisis, bailout, 700 billion, stocks
I’m a democrat, and both democrats and republicans were for AND against this legislation. But I must concur with you, thanks to all those that voted this down. Both McCain and Obama are for it. The government speculation is causing the market to go up and down, and the market went up today. It will balance out. Call congress and let them know you are ticked about this. The truth is that a lot of these people voting on the legislation don’t understand it. They aren’t rocket scientists. Call them and let them know (202) 224-3121