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“The Fan/Fred bailout is a scandal ”
Dick Armey adroitly blasts congress and President Bush on this latest example of crony-capitalism:
Americans who work hard, pay taxes and play by the rules can't seem to get fair representation in Washington, D.C., these days. In the current debate over a government bailout of speculators, irresponsible banks, Fannie Mae and Freddie Mac, the responsible majority has once again been pushed aside in a legislative rush to "do something."
This should have been a perfect opportunity for Republicans, struggling to regain some standing with the American people, to rise united and demand real accountability and reform. (Read More)
When President Bush signs this bill, it will be another black mark on his legacy of big government conservatism. The federal government and its myriad programs have grown by leaps and bounds under his stewardship.