The Mike Anderson Site Blog

Neither Candidate Inspires On Economic Policy

When I tuned in Friday night I expected to hear proposals, solutions and opinions for our future as ‘everyday’ people and as a republic.  The first half was about the economy and the current recession, subprime financial crisis and possible actions by the government.

The very strong impression I received from Senator Obama was that he did not agree with Republican policy for our economy.  He talked about what had happened with a tunnel vision that only a true politician can muster.  He had little to propose which was different than what has been in the news for almost a week.  He spent most of the time trying to impress us that he was acting as if he was already President talking to Secretaries and Under-Secretaries and telling them to do this and do that.  The overall impression was a lot of rhetoric and arrogance.

John McCain was only slightly better and certainly did not instill confidence in his vision for our economic future.

My view, persuade private money to manage the bail using the power of the US government as insurance, not funding.  There is no possible logic that would justify using the US taxpayer to fund this bail out.  In a previous post I talked about the real cause.  Bad loans approved by financial institutions.  Fix that first.

Technorati Tags: Arrogance, Rhetoric, Senator McCain, Senator Obama, subprime financial crisis

Tags: Arrogance, Rhetoric, Senator McCain, Senator Obama, subprime financial crisis