Senator Jim Bunning Questions Globalist Stooge Paulson on Socialist Bailout
Posted on July 17, 2008
Filed Under Economy, Fannie Mae/Freddie Mac, Hank Paulson |
As I have said before there are a handful of strong conservatives in the Senate. Jim Bunning happens to be one.
Here’s a clip of him rightfully calling out so-called Treasury Secretary Hank Paulson:
Look at Paulson. He looked dumbfounded. He and Bernanke don’t even know what’s in the bill, but rest assured: he believes what he’s saying.”And to think we consider these people experts.
At least someone in the Senate sees in the insanity in this.
What I love is how all of the globalists like Hank Paulson tell us to “Let the free market and competition determine prices and success” when it comes to trade with China, but when their globalist buddies are in danger well then it’s certainly time for the government to step in.
You can’t have it both ways, Secretary. By your logic, the free market system worked here. Fannie and Freddie were allowed to grant mortgages to whomever they wanted, without government interference, and the market has spoken. They made some bad lending decisions.
Just look at it this way: the market weeded out the inferior competition.
No bailout is needed here. If Fannie and Freddie survive they will have an opportunity to learn from the mistake of lending to any- and everyone.
That’s called market capitalism.
Comments
One Response to “Senator Jim Bunning Questions Globalist Stooge Paulson on Socialist Bailout”
Leave a Reply
[...] Republicans, or even Republicans in general. This fundraiser bit essentially confirms what I wrote yesterday: What I love is how all of the globalists like Hank Paulson tell us to “Let the free market [...]