Showing posts with label Questions of Principle. Show all posts
Showing posts with label Questions of Principle. Show all posts

2008-09-16

Why Obama IS Great.

Now that virtually every single segment of the American Financial sector is bordering on insolvency most the largest corporations are turning to Uncle Sam to bail them out. Honestly what other choice do we have? But here is the issue, once these institutions are bailed out, once yet again prove with disastrous results that while people can be free economies never can be, will this Generation of Americans, long past paying the pensions of most of the Greatest Generation and long since Sold Out by the Me Generation have what it takes to turn this around? 

America: A wholly owned Division of China: A Dubai Corporation. 

Can we turn this around? Can turn around a process that had it roots in the mind of Amnesiac President's and Corporate Raiders in the Seventies? Can turn back the clock to a basic decency that can allow us to look after one another again? Can we find the strength to challenge those people in our Corporations who feel they have no fundamental responsibility to the people they employ? Can we challenge those in Government who feel no basic need to protect and serve their constituents and the greater constituency of the American People, regardless of race, creed and gender? Can we a make America a benevolent power, not just an imposing Super-Power poised to take the world to brink for the smallest of perceived threats? Can we rise above the din and confusion to be a little bit then we have been, and honor what we ARE about?

There is a guy out there who thinks so, and he gives a lot more back to this country than a great speech, although this is one of them:

..Make no mistake: my opponent is running for four more years of policies that will throw the economy further out of balance. His outrage at Wall Street would be more convincing if he wasn’t offering them more tax cuts. His call for fiscal responsibility would be believable if he wasn’t for more tax cuts for the wealthiest Americans, and more of a trillion dollar war in Iraq paid for with deficit spending and borrowing from foreign creditors like China. His newfound support for regulation bears no resemblance to his scornful attitude towards oversight and enforcement. John McCain cannot be trusted to reestablish proper oversight of our financial markets for one simple reason: he has shown time and again that he does not believe in it.

What has happened these last eight years is not some historical anomaly, so we know what to expect if we try these policies for another four. When lobbyists run your campaign, the special interests end up gaming the system. When the White House is hostile to any kind of oversight, corporations cut corners and consumers pay the price. When regulators are chosen for their disdain for regulation and we gut their ability to enforce the law, then the interests of the American people are not protected. It’s an ideology that intentionally breeds incompetence in Washington and irresponsibility on Wall Street, and it’s time to turn the page.

Just today, Senator McCain offered up the oldest Washington stunt in the book - you pass the buck to a commission to study the problem. But here’s the thing … we know how we got into this mess. What we need now is leadership that gets us out. I’ll provide it, John McCain won’t, and that’s the choice for the American people in this election.

Can we overcome the stupidity and foolishness of our hard right bend in the States?

Yes we can...