You know, I’ve defended President Bush on a number of occassions. I’ve never been a really big fan, but I know for a fact that he gets unfairly demonized in every medium. But I just listened to his radio address on the housing bailout, and in no way can I support him.
First of all, who the hell gave the government permission to spend my money like that? It is a direct contradiction of the basic founding principles of our nation. Second, what about the statement that many of the assets being purchased by the government have underlying value, and the government will probably be able to recoup its expenditures? I mean, hasn’t the message coming from the President and the Congress for MONTHS been that “speculation is EEEEVIL?” Haven’t we been talking about “PUNISHING speculators?”