All,
If you are a true conservative then you should be just as repulsed as anyone at what has happened in the past seven years. Bush has printed more money than any other leader in history. He has borrowed more money than at any other time in history and our true national debt is closer to 11 trillion although it is officially 9.7 T. (Please don't confuse our national debt with the trade deficit.) The more money the Fed prints the more the U.S dollar is devalued. While Bush did cut our taxes, and yes all tax cuts are a good thing econ 101, however printing money is a back door tax. I.E if you bought 500 dollars worth of groceries in year 2000 those same groceries today would cost 1200. Just look at the dollar compared to the euro from just six years ago. Please google John Snow and Paulson views on the weak dollar to help multi-national corporations export out of the U.S.
By weakening our currency and the 2003 tax breaks/incentives to outsource jobs to help the Multi-National corporation's bottom line, have had a dramatic effect on the American worker. Read closer and you'll see it is not just the subprime that is the problem but it's multi-faceted in that it is credit card payments, car payments, and commercial defaults.
Ergo, the Henry Ford model, good paying jobs create good paying jobs. The race to Walmart wages creates what? That's right people not being able to pay their mortgage etc.
I have been and always will be a conservative but for those that believe that the Republican party wants any part of fiscal conservativism are misguided. This group of republicans have balloned our government to an unbelievable size, spent money like a drunken sailor and now that our country and financial systems are broke they want blame policies of ten years ago. Well, ten years ago people were paying their mortgage.
If you are going to vote for McCain, don't go around saying that you're voting for a fiscal conservative or a conservative at all, just be honest and say you would vote for anybody with an R by his name over a democrat.
Last edited by Opus; 09-18-2008 at 03:45 AM.
Reason: typo