Friday, September 19, 2008
Even Shakespeare Could Not Have Written This Farce
The problems with our domestic economy and the problems on Wall Street are serious. I and others, more knowledgeable than me, have written over the last several months what needs to be corrected in the area of regulation and oversight with regards to the securities industry. But now since the most recent bit of turmoil on Wall Street with the sale of Merrill Lynch and the rescue of AIG with an $85 billion loan from the people, John Q. Public, tax payer, we hear from presidential candidate John McCain. John McCain is now going to shake up Wall Street and fire the head of the Securities & Exchange Commission (SEC). This is the same John McCain who is for small government and little to no regulation. If the situation was not so bad, it would be funny. Is this a farce I am watching in real time? Shakespeare himself could not have come up with a farce this funny. The guy who calls himself a conservative and a Reagan Republican is now for tougher regulation of the securities industry. As Bill Clinton would say, “give me a break.” However, I think John McCain is serious. Serious about saying anything that he thinks will help get himself elected.
If, the American electorate buys this line of crap, they deserve the government they get.
My fellow Americans, if you are hurting from this economy and you want a change in the direction our country is going economically and politically, then join me and vote for Obama-Biden on or before election day.