"Voters feel government has no business intervening in free markets, . . ." reported Philip Delves Broughton from The First Post article yesterday.
Why did six of the seven Congressional Representatives in Alabama vote 'yes' to the biggest single government grab of socialism yet in the Bail Out which would give credit markets 700bn? With this affirmative vote, they are essentially saying that the free markets aren't working and we need to join socialized Europe regardless of their own personal reasons. Hats-off to Congressman Robert Aderholt in the fourth District for helping to keep our free market intact.
I cannot think of one legitimate reason in the scope of what our founding fathers orginally set out to accomplish with our freedoms why our representatives would have cast a 'yes' vote. The only possible reason I could think of is that our Alabama delegation thought a 'yes' vote will validate their recognition that 'something' needs to be done. While that may be true, giving a pass and our hard earned money to those who have made these stupid decisions is unacceptable.
To add salt to the wound while the atmosphere is wafting with the smell of vinegar, the leader of the House, Nancy Pelsoi, stepped up and used her power to try and force a complete 'yes' vote. We now know it didn't work and later she blamed the Republican Party once again. Unfortunately, the truth was lost. Leader Pelosi didn't get the job done and the mostly all-male club parted company with her vote. I guess it's true that men don't like being bullied by a woman and told what to do!!
The most tragic part of all this is President Bush is leading the charged along with Nancy Pelosi and the liberal democrats or should I say the social-side of our country.
Socialism Defined by Merriam Webster:
1: any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods;
2: a system of society or group living in which there is no private property b: a system or condition of society in which the means of production are owned and controlled by the state;
3: a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done.
While growing up, I learned and saw that government control is never the answer and that it creates more problems than it solves. The free market does. It is just that, it's free(without government intervention) to resolve it's own problems.