2008 Republican Party Platform Opposes Bailouts

The Republican Party adopted 3 weeks ago explicitly opposes government bailouts of private companies. Here is the exact quote (from the section “Rebuilding Homeownership”):

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.

I wonder how this affects things. No one is too happy about bailing out wall street the Dems seem to want to punish evil doers as as they bail them out. The GOP side seems to want to avoid doing anything at all. My own opinion is that we should let the economy crash and see if anything valuable survives, but I realize that this is just my own nihilistic attitude towards institutions. This crisis is a very Darwinian test of our economic system and I am not sure that helping the unfit survive is a good idea. I am, however, worried about my own retirement accounts, of which about 2/3 is in stock or stock funds.

 

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I cleaned up my tab for Sonny Boy's Help Me and made it into a short book. There's a Kindle version for 99 cents, and if you buy the paperback you get the Kindle free.

Playing "Help-Me" In the Style of Sonny Boy Williamson II: A step by step, note for note analysis of some of Sonny Boy's Signature Riffs

I also write Science Fiction, so you can sample some of my best stories. Also available in Kindle format.


Error Message Eyes: A Programmer's Guide to the Digital Soul
 

 

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I started reading Science Fiction in the 1950s. I started Writing SF in the 1960s. Then, I had a life. Now I am retired, raising chickens and keeping bees. I am still an avid reader and I have sold about 70 stories in the last 20 years.
I have been collecting information about writing Science Fiction for many years now. Social media has replaced the Blog and large dedicated websites, so the pages here are mostly static. I update them from time to time.

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