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Politics : Politics of Energy

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To: Hawkmoon who wrote (2874)10/25/2008 5:40:08 PM
From: RetiredNow  Read Replies (3) of 86355
 
In this post you go too far in blaming the Democrats and saying the Republicans are not to blame. Even the Republicans were divided on how to handle immigration. The Dems were too. There are no clear lines drawn on immigration between parties. In addition, this financial mess is the result of decades of dismantlement of the controls put in place after the Great Depression, in addition to two key laws (Gramm-Leach-Bliley, Republican, and CRA, Democrat) that were passed that had direct impacts on the crisis we're facing now. All of our current crop of leaders are at fault, as well as our leaders over the last two decades.

The only real question is who has a better shot at fixing it. I don't believe the Republicans know how to fix it, because they want to continue doing the same thing over and over and expect a different result. The Dems want a New New Deal, along the lines of Roosevelt, which I think is a good idea. Herbert Hoover failed to recognize the depth of the problems that lead to the Great Depression. He clung to the idea that the free markets would correct themselves. Well, they didn't until they got a huge helping hand from Roosevelt. We're in the same mess now and I'd prefer not to leave it in Republican bungling hands. McCain knows nothing about the economy and can't be trusted to deal with it correctly. He'll spend more time spending hundreds of billions in Iraq and in antagonizing Iran and Russia, which we simply can't afford right now.
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