Monday, September 08, 2008

The Republicans are Socialists

With the federal takeover of Fannie Mae and Freddie Mac, supposedly to "cushion" the economic decline, one has to wonder how anybody who likes small government and fiscal responsibility could ever continue to support the Republican Party. This move by the Executive Branch essentially constitutes nationalization of the biggest U.S. mortgage lenders, or, put more directly, a big step toward socialism. What's wrong with socialism? I'm not sure; Canada, Sweden, and a host of other better-run countries sure get along fine with it, but if you're a Republican, "socialism" is about equal to "Nazism". What is wrong with this is that those of us who didn't overextend ourselves financially during the artificial housing boom now get to pay for all of those who did, including the lenders, consumers, mortgage backers, and stockholders. And let's not forget the regulators.

This sounds familiar. What other monstrous government programs have seen massive expansion during the past 8 years of Republican Executive control? Oh right, the military. This will saddle each and every American with an incredible amount of tax burden. And don't forget the party's inability to reform mandatory medical programs, which have been growing rapidly. Thanks again, Republicans!

So, while I support small government and fiscal responsibility, I certainly can't in good faith support the Republican party, nor can I see how anybody could who shares my support. The Republican party's actions and its traditional goals have clearly split ways. It's a political shell with only historical rhetoric inside, thus the puffy RNC last week. So, when you go to vote in November, don't forget the fact that John McCain has an "R" following his surname. If you don't want to vote for a Democrat, that's fine, just don't vote. That's an option that is too-often overlooked and unfairly criticized.

1 comment:

adspar said...

Good post. Corporate welfare is a hallmark of "conservative" governance, which can generally be characterized as socialism for wealthy elites and cut-throat competitive capitalism for everyone else. Most Democrats are perfectly happy with this arrangement as well.

"If you don't want to vote for a Democrat, that's fine, just don't vote. That's an option that is too-often overlooked and unfairly criticized."

Fuck yes.