Quote Of The Day — Orwell Would Be Proud
McCain on the Campaign trail, referring to the massive Treasury power-grab:
“The first thing I would do is say, ‘Let’s not call it a bailout. Let’s call it a rescue,’” McCain told CNN. He said, “Americans are frightened right now” and political leaders must give them an immediate solution and a longer-term approach to the problem.
Yes, let’s not call it an enormous power-grab by the Treasury to buy worthless assets for too much money in order to save a bunch of rich folks who made very bad decisions. That’s not a very good spin. How about “A bipartisan Congressional program to restore stability to the economy so that American families can better plan for their future.” That sounds much better.
Sure, call it a rescue instead of a bailout. Put lipstick on that pig, too, but let’s not pretend it’s no longer a pig.