This morning as I was getting ready for work, I watched in horror as George Bush explained how the government “investing” in banks is somehow not socialism.
There are three important points to make here:
First Bush claimed that this was only temporary and that at some point the future, government would sell their “investments” and all would be back to normal . Sorry Georgie but to paraphrase Ronald Reagan: the closest thing we’ll ever see to eternal life on earth is a government program. These “investments” will only grow in time to the point where the government will eventually have nationalized the entire financial system.
Second, Bush claimed that these “investments” are part of a well thought out plan. What a joke. A few weeks ago, the Bush administration was arguing against a similar British plan. Here’s the problem: the stock market had its worst week ever after Bush signed the $700 billion bailout bill that the administration claimed would calm people’s fears. Now they are just twisting in the wind. There isn't any plan. They are making things up as they go along, and spending your money in the process.
Third, by definition government ownership is socialism.
I’ll say it again, the Bush family has ruined the Republican Party that Reagan built. Now they are ruining the country. Enough is enough. I’m not the only one who understands this. Christopher Buckley, who is the son of the late William F. Buckley, the founder of the modern conservative movement, has now also abandoned the GOP, resigned from the magazine his father founded, and endorsed Obama. This is what he said:
While I regret this development, I am not in mourning, for I no longer have any clear idea what, exactly, the modern conservative movement stands for. Eight years of “conservative” government has brought us a doubled national debt, ruinous expansion of entitlement programs, bridges to nowhere, poster boy Jack Abramoff and an ill-premised, ill-waged war conducted by politicians of breathtaking arrogance. As a sideshow, it brought us a truly obscene attempt at federal intervention in the Terry Schiavo case.
So, to paraphrase a real conservative, Ronald Reagan: I haven’t left the Republican Party. It left me.
I couldn’t have said it better myself.