Republicans Agenda Is Failing U.S.

Republicans Agenda Is Failing U.S.

Today we are in recession or will soon be in one in major part due to unregulated mortgage industry that lent money without enough common sense. The free market failed.

Patrick Rucker (Reuters) says "The collapse and forced sale of Wall Street giant Bear Stearns exposed the dangerous interconnectedness of financial markets and the faulty oversight now in place, U.S. regulators said in prepared congressional testimony on Thursday"

The collapse of giant Bear Stearns is generally speaking as a result of frivolous landing practice.

But to be fair, Free market did not failed. In free market we should watch losers loose and free market will reward those who play by the rules.

Republican party generally speaking is based on two principles that relate to economy and place of government in society:

1. Unregulated market as much as possible. (The evil democrats sold to EU interest want to regulate and regulate which is dangerous for our way of life, socialistic) (Unregulated: Energy Market, Financial Markets, Social Security, Medicare, Medicaid, Welfare, everything)
2. Low taxes
   

Just briefly, low taxes means among other not so much money for an army, but let me focus on INCONSISTENCY of Republicans when it comes to regulation vs. deregulation of free market.

So, your superbly conservative G. W. Bush administration is now proposing more regulation of the financial industry? How is that possible? Why don't we do nothing, like Senator McCain proposes?! It is not just fair but follows the doctrine of free market fairness and government not messing up with our society! This would be consistent with privatizing social security, private health insurance (current situation) and generally speaking consistent with the ideology of Republicans.

(As a side note, have you paid attention to Bush, conservative president, limiting severely ability to sue doctors - frivolous law suits. What happened to freedom of individuals to hold the doctor responsible for his/her mistakes?)

Here is why it is not working today and there will be more and more regulations in the future and USA has been following European model of more and more regulations, is following this model today and will be more in the future. In other words, we will become more and more like Europe and the "free eh ha cowboy style of Economy and Society" will never work.

Here is why Republicans will loose numbers and Democrats will increase its membership.

Our societies are complex, more and more complex. This isn't a situation like we had 50-100 years ago with few people and lots of open space with 0.1% of people investing in stock market while the rest lived on the farm or worked in cities never dreaming of 401K, health insurance, etc.

We, We as SOCIETY cannot afford SCREWUPS - the meltdown of economy hurts me and you, regardless of if I took the risky mortgage and you did not.

I did not take risky mortgage, I was responsible. Yet, my 401K lost tons of money. Gosh, thank the Democrats my social security is not on the market, it would have lost money too.

This is what Europe decided some time ago. Society in Europe cannot afford to allow free enterprise in the model of USA (Republicans agenda) because the consequences of some failures (undoubtedly there are also successes of free market) are too large and grave for EVERYBODY in the society. In densely populated Europe, failures are too risky to the society as a whole.

Ironically, few people in USA gets this common sense fact. McCain can run on 'liaise free' government but if he becomes the president, and if there is another economical crises during his presidency, he will do the same what ... Bush - another Republican conservative president.

McCain, Republican, will at least attempt to save us all from financial crises, try to bail out big financial institutions that got themselves in trouble. McCain will also help the people. The politicians simply must do so. The consequences of not doing anything are too large, too grave. It is easy and somewhat nice and certainly politically advantageous in reference to conservatives to say "let the market decide" but reality is that many Republican senators are going to their district and are being encouraged by people (Republicans presumably) to do something about it.

Go figure, to me this is at the very least dishonesty, not to say hypocrite agenda.

In any way, liberalism will win. Liberalism is a reflection of complex society. Don't believe me? Look at the blue-red map of U.S. Where ever there is densely populated area, Chicago, New York, California, people are "blue". Where your nearest neighbor may be few miles down the road, it is Red. As population grow, the blue will overtake the red. It just can't go the other way, because any failure of "red", and there will be more (nature of free market) will change the losers of that failure from red to blue ... overtime, there will be just different shades of blue.

Finally, with our current problems with global warming and addiction to oil, free market will not provide solutions without appropriate new incentives for green energy which can only come from government leadership - government is the people that we elect that share our values. Those values are changing towards "blue" because our society is getting more complex.

OK, now start the hate emails :-)
In case you want to go with the argument, "if you do not like it here, leave" I want to tell you that since a week or so, I am U.S. citizen and do not intend on leaving, except for vacations.