"The fundamentals of the economy are essentially strong." John McCain, repeatedly over the last several months

The last eight years in U.S. politics have disastrous results. We elected a dull, but stubborn president, who has steadfastly held to his opinions without regard to consequences. We have tolerated an administration that has nearly dismantled all that was right about our government, turning it over to friends, cronies and partisan appointees.

We have tolerated the politicizing nearly every aspect of government, assaults on science, attorneys, the courts and even the Constitution. We allowed ourselves to fall victim to the propaganda that led to war in Iraq without a critical analysis of arguments in support of the decision. Global warming appears real and is worsening. Our economy is in shambles. The housing crisis deepens. Our currency has lost substantially in value, and our manufacturing base is a remnant of what is was only a decade ago, with our jobs leaving for foreign lands.

We seem to have surrendered our future to a political discourse that descends to the lowest common denominator, usually influenced by fear, personal attack and destruction, rather than dispassionate consideration of the merits.

If we are going to thrive once again, something has got to change. Here is my small contribution to that end.
Deepening Trouble, McCain Looks Foolish »

Economic Disaster and the Campaign

John McCain may think the economy is fundamentally strong, but most Americans do not. Millions of families are losing their homes, major investment banks are imploding, Fanny and Freddie have essentially been nationalized, jobs are disappearing, gasoline is still over $4 per gallon and our health care system is broken.

The current administration, and Sen. McCain, believe in free markets as though it was their religion, but greed has historically resulted in great damage to the public when markets are totally unregulated. Markets can still be free even while basic oversight has been put in place. After all, it NOT just the corporate executives of Fannie Mae, Freddie Mac and Lehman Brothers who suffer…It is the American people who are damaged and perhaps irreparably harmed.

McCain and advisers like Phil Gramm have been directly responsible for the continued deregulation of the banking and investment industry. That’s what the Republicans continue to stand for, and that’s why we need change.

This entry was posted on Tuesday, September 16th, 2008 at 6:22 pm and is filed under The Election 2008. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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