Friday, September 26, 2008

Dems Play Games with Bailout Talks

Barack Obama wanted no part of the bailout talks, as is his habit, Obama tried to leave the controversial decisions to other politicians so he could remain free to play both sides of the issue. Mr. Obama, who refused to appear with McCain in a series of Town Hall meetings, attempted to use the Friday debate as a conveinient excuse to stay removed from Washington and far away from the dirty business of these economic discussions.

With many of our financial institutions in ruin, and the economy on the brink of implosion, Obama the professional candidate prefers to stand in front of an adoring University crowd and talk about himself and his ideas. Imagine his shock when McCain suspended his campaign and left for D.C. Obama has stated that the American people deserve to hear how the man who will be President in forty days will handle this mess. Obama also said that a President must be able to do more than one thing. McCain taught Obama an important lesson, a President must be able to prioritize, and that is exactly what McCain did when he stopped campaigning and went back to work. Obama chose words, McCain chose action. Obama chose the easy way out, McCain took on the challenge. That's the difference between a man who has been handed everything in life, and a man who had to fight to survive.

Obama comes back to work like a scolded child, campaigning is his strength, not fixing problems. But good friend Harry Reid is doing his corrupt best to help Obama and hurt McCain. Reid at first called for McCain to return and work on this issue, then when it became obvious McCain was going to call his bluff, Reid shifted gears and said that McCain would inject election politics into the bailout discussions. Reid's plan was to reach a decision on the bailout without McCAin, then McCain would not have been able to claim that he had been part of the process. With McCain now in attendance, the Democrats are forced to hamper the discussion for political purposes, and make McCain look like the bad guy. Business as usual for Harry Reid.

While the economic discussions go on, Reid is trying to use that distraction to extend the ban on shale oil exploration. This ban affects western states where most of the estimated 800 billion to 2 trillion barrels of oil lie in the shale depositories. Reid wants to add the shale ban amendment to a resolution that will keep government functioning while Congress recesses for the November elections. The congressional ban on offshore drilling and shale exploration will expire on September 30th, so if the amendment goes through, the ban on shale exploration will be still be in effect.

It has become obvious that the Democrat's solution to the energy crisis is simply to make Americans change their "habit" of driving cars. They want to close off domestic energy assets, and in so doing, they intend to make the price of gas so high that most Americans simply will not be able to drive their cars. The logic here is once that happens, someone will come up with a viable alternative to oil, and the Democrats will be hailed as protectors of the environment, and the political party that solved the energy crisis. It's all voodoo and black magic, never mind the fact that exploration of domestic oil assets will lower gas prices, ease our dependence on foreign oil, and create thousands of good paying jobs.  Harry Reid can afford pandering to the environmental lunatics, no matter how high gas prices become, he will not be affected. The smarmy Reid is chauffeured around in government supplied vehicles fueled at taxpayer expense.

McCain is probably fighting a losing battle, the Dems will never allow a meaningful outcome of the economic talks as long as McCain is present, even if his involvement is minimal. But McCain should stay in Washington, not only to work on this issue, but to allow Obama to go forward with his plan to appear at Ole Miss tonight. Minus McCain, the debate will transition to a town hall setting. This is Obama's worst nightmare, an unscripted question and answer session with voters. No teleprompter, no fawning media types to feed him softball questions. I'll be watching.





Harvald P. said...

At least McCain attempted to stop this mess through tighter controls. Back in 2005 he sponsered the Housing Enterprise Regulatory Act of 2005. It would have reined in Fannie and Freddie, because clearly they were out of control. But Dem in the house defeated it. Why? Have you seen how much money Fannie and Freddie have given to Obama? Over $40K to McCains $800 dollars.
Check out this youtube video. It gives a pretty good timeline of the crisis and how Jimmy Carter and Obama profited and McCain tried to stop all this.

Harvald P. said...

You cannot help the poor by destroying the rich.
You cannot strengthen the weak by weakening the strong.
You cannot bring about prosperity by discouraging thrift.
You cannot lift the wage earner up by pulling the wage payer down.
You cannot further the brotherhood of man by inciting class hatred.
You cannot build character and courage by taking away people's initiative and independence.
You cannot help people permanently by doing for them, what they could and should do for themselves.

- Abraham Lincoln

The Lizard said...