This year’s GOP platform rejects ‘government bailouts of private institutions’

By Tom Elko
Wednesday, September 24, 2008 at 8:16 am

A few weeks ago the Republican Party adopted the latest iteration of its party platform during the Republican National Convention in St. Paul. The platform embodies the ideals and vision of the party on issues of importance, like rebuilding home ownership:

We do not support government bailouts of private institutions. Government interference in the markets exacerbates problems in the marketplace and causes the free market to take longer to correct itself. We believe in the free market as the best tool to sustained prosperity and opportunity for all.

So how did President Bush, who once gave himself the nickname “The Decider,” decide to abandon his party’s platform and launch the largest government market intervention in history?

Look, I’m sure there are some of my friends out there saying, ‘I thought this guy was a market guy. What happened to him?’

Well, my first instinct wasn’t to lay out a huge government plan. My first instinct was to let the market work until I realized, upon being briefed by the experts, of how significant this problem became.

(h/t)

Comments

1 Comment

Claire Cox
Comment posted September 30, 2008 @ 9:39 am

I was a delegate there. We were handed the new, 60 page platform and asked to vote on it less than an hour later. I was going to vote “No” on accepting it but the Chair slammed the gavel down as he asked for the “nays” leaving me not even an instant to object.
The entire thing was staged, there was no debate allowed. There were actually dozens of Ron Paul delegates, they just called out the number of McCain delegates and pretended we weren’t there.
Get involved locally, our Federal politicians are bought and paid for. We HAVE to take this country back from the local level on up.
If you have not done so, PLEASE READ “The Creature From Jekyll Island.”


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