Friday, September 12, 2008

It Will Take an Awakening of the American People

And a lot of hard choices. Can American socialism ever be reversed?

Even as others such as The Heritage Foundation label it "unfortunate but necessary," the Kentucky Republican is incensed by the proposed federal bailout of Fannie Mae and Freddie Mac. To shore up the shaky mortgage giants, the plan would put taxpayers on the hook for as much as $5 trillion.

As the head of the Congressional Budget Office announced, the mortgage giants are now part of the federal government.

As Bunning commented back in July when Paulson announced his plan, "When I picked up my newspaper yesterday, I thought I woke up in France. But no, it turned out it was socialism here in the United States."

If you elect Obama it won't be creeping socialism anymore, it will be flat out sprinting.

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