Presidential Comparison - Economy/Bailout

by Mitchell Crane

So the media has given you two options. John Obama, and Barack McCain. Sorry, John McCain and Barack Obama. People will argue to the ends of the earth that these two are very different. While their skin color and age (McCain’s a geezer!) may differ, their political stances are actually so close it could be considered scary. Now you may not find this by reading their web pages, but instead by watching their voting records. Remember folks, actions speak louder than words.

So let’s take a look at the things that made America such a great country at one point. Freedom (that’s a good one, wish we still had that), Non-Interventionist Foreign Policy (cha, now we just start wars if another country blinks at us wrong, or has a nice oil supply), free-market economy (that’s gone now, banks were just nationalized), and many other things. We are really heading towards a socialist government. We are not there yet, but the direction the government is taking would lead us to believe so.

So with each of these comparative blogs, I’ll take a quick glance at a piece of legislation, or a stance on a position. During these comparisons, I will try to back everything up with fact.

So how do our candidates compare on the bailout issue? For starters, we do know that BOTH candidates voted YES on the “bailout” (nice term for nationalizing banks, eh?). For proof that both candidates voted “YES”, go to http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=110&session=2&vote=00213. Read my previous post of the CNN article Jeffery Miron wrote. He talks about how dangerous this will be, and how politics will effect the banking industry.

By the way, presidential candidates Bob Barr and Chuck Baldwin STRONGLY opposed these bills.