The American Spectator

William Wallace| 10.16.08 @ 8:09AM

People critise the Bush Administration for giving the investment banks all our money, actually conservative politicians have been giving the most undeserving all our money for years.

This bail out is just another case of what is called "Bush Socialism - capitalise the profits and socialise the losses"

How to slug the working and middle classes for corporate welfare for the rich has become an art form at the White House over the last 8 years.

John McCain (basically I believe a good man) will loose in November if he wants to keep to Bush's core strategy of giving away all our hard earned tax dollars to that part of the corporate sector that does not add any real value to the economy (ie Wall Streeet).

If he had any brains he would come up with a stimulus package to give money to our manufactures and put back in some of the sensible trade barriers we had in place to stop the flow of 'cheap and nasty' goods from countries like China (who want's melamine with their milk?) and at least we would get some real jobs and real economic activity going again.

John McCain should understand that whilst 'Joe the plumber from Ohio' may in the main be a very patriotic and religious guy who in normal times would want to vote for him, he ain't totally stupid....... he knows when someone is breaking into his house and stealing all his valuables (in this case his whole house!).

If the McCain campaign won't give concrete plans for how they are going to stop these crooks from continuing to steal our money (and our houses) and save American families from being thrown out on the street, except for giving us lots of generalisations about "how bad the bush'ites have been and how he won't do the same again", then why would in the world would " joe the plumber" or anyone of us on main street vote for the McCain Pallin ticket?

Karl Leuba| 10.17.08 @ 2:57PM

William Wallace writes, "If he had any brains he would come up with a stimulus package to give money to our manufactures and put back in some of the sensible trade barriers we had in place to stop the flow of ‘cheap and nasty’ goods from countries like China (who want’s melamine with their milk?) and at least we would get some real jobs and real economic activity going again." That is just another form of capitalizing profit and socializing loss. If McCain wants to be President, and at this point that is not a certainty, he needs to enthusiastically endorse and adopt the Obama Proposal of cutting taxes on wage earners, and increasing taxes on the highest incomes in the country. He also needs to propose a capital gains tax that would penalize the profit made by selling foreign made goods. It would not have to be a draconian penalty, a one or two percent tax on the income generated by selling goods made or assembled outside the USA would be more than enough to level the playing field and the income could be used to pay for a universal health plan.