The Mudcat Café TM
Thread #114230   Message #2437489
Posted By: Big Mick
11-Sep-08 - 12:50 PM
Thread Name: What does Sarah Palin remind you of?
Subject: RE: What does Sarah Palin remind you of?
"Layla" needs to stop posing. This is no GUEST that wandered in. "she" is an old troll playing a new role, IMO.

As to the Fannie Mae and Freddie Mac mess, it is a major gaffe on her part that shows she is a lightweight on the knowledge end of the scale. You can bet that Joe Biden would never have made that gaffe. Nor would he have made the gaffe about the "under God" portion of the Pledge of Allegiance, as to "if it was good enough for the founding fathers....".

The best description of the bailout of Freddie and Fannie that I heard was, "we are privatizing profit and socializing losses".   It shows that this whole mess that started with that great communicator Reagan, is more about creating a new God to worship, that being capital. This isn't about unfettered markets and removing government interference in the lives of average folks. It is about shifting the burden of business loss to the average person, centralizing wealth in the hands of the privileged, and undoing over 100 years of laws designed to protect average folks from the tyranny of centralized capital. Imagine the old "blackball" system computerized.

Change? Hell no. I want the good old days where we protected workers and families from the excesses of those whose only goal is the enhancing of the wealth of the privileged few.

Mick