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Politics : RAMTRONIAN's Cache Inn

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From: NightOwl	9/30/2008 3:38:32 AM
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Words of advice from the only Republican leader who can the move a majority of House Republicans: *Q: What is your solution for avoiding this kind of sudden national emergency?* A: You need to allow a liquidation of debt, which means bankruptcies. You should treat it like Lehman Brothers -- let them go broke and the good assets will be bought up. But you should restore confidence and encourage business activity. It isn't a lack of regulation that was the problem, it was the lack of the market being allowed to work. We don't need more Sarbanes-Oxley (financial reporting) regulations like those that came out of Enron. But we should assure the markets that we are going to live within our means. I think the federal budget ought to be balanced. You could do that rather quickly by changing our foreign policy. But people aren't quite willing to give up the welfare-warfare state. But if you did that, things could come back very quickly. pittsburghlive.com Translation: Let them eat cake... or dog food. Just get the military out of these foreign entanglements and a bag of Dog Chow will be quite reasonable and a lot healthier than burgers and fries. Plus we're going to need them back here to put down the riots when people find out what the unregulated corporations start putting in the Dog Chow. 0\|0

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