Read the Bills Act Coalition

Tuesday, December 30, 2008

Not The Way to go Out as President

RNC is now ripping Bush as he heads into the sunset...The Bailout was a bad idea from the get go and it is only going to get worse, no matter how the money is spent..free-enterprise has to have loosers and personal responsibility in running a successful company or paying the consequenses should always be a part of the equation. You cannot constantly save people and companies from their actions without creating greater peoblems in the long term. From the Washington Times:

Republican Party officials say they will try next month to pass a resolution accusing President Bush and congressional Republican leaders of embracing "socialism," underscoring deep dissension within the party at the end of Mr. Bush's administration. ...Those pushing the resolution, which will come before the Republican National Committee at its January meeting, say elected leaders need to be reminded of core principles. They said the RNC must take the dramatic step of wading into policy debates, which traditionally have been left to lawmakers. ..."We can't be a party of small government, free markets and low taxes while supporting bailouts and nationalizing industries, which lead to big government, socialism and high taxes at the expense of individual liberty and freedoms," said Solomon Yue, an Oregon member and co-sponsor of a resolution that criticizes the U.S. government bailouts of the financial and auto industries. Republican National Committee Vice Chairman James Bopp Jr. wrote the resolution and asked the rest of the 168 voting members to sign it. ..."The resolution also opposes President-elect Obama's proposed public works program and supports conservative alternatives," while encouraging the RNC "to engage in vigorous public policy debates consistent with our party platform," said Mr. Bopp, a leading attorney for pro-life groups who has also challenged the campaign finance legislation that Mr. Bush signed. ...See related story: Jeb Bush Senate bid a GOP remedy? ...If enacted, the resolution would put the party on record opposing the $700 billion bailout of the financial sector, which passed Congress with Republican support and was signed by Mr. Bush, and opposing the bailout of the auto industry. The auto bailout bill was blocked by Senate Republicans, but Mr. Bush then reversed course and announced that he would use financial bailout money to aid the auto manufacturers......The RNC usually plays a policy role only every four years when it frames the national party platform, which typically is forgotten quickly. ...In 2006, some party members presented a resolution challenging Mr. Bush's plan to legalize illegal immigrants and enact a guest-worker program. Mr. Bush's lieutenants fought back, arguing that the party should not tie the president's hands on a policy issue, and the RNC capitulated, passing an alternate White House-backed resolution instead. ...This time, the backers of the new resolution say they will not be deterred by a fight, and say they have the numbers to pull off this rebellion


Read Here: http://www.washingtontimes.com/news/2008/dec/30/rnc-pushes-unprecedented-criticism-of-bailouts/

No comments: