Republicans are always railing against ‘socialism.’ Specifically, they love to dismantle America’s social safety net, yelling the whole time about how expensive it all is.
According to them, universal health care is socialism. Social Security is socialism. Medicare and Medicaid are socialism. Government helping the unemployed find work and get back on their feet is socialism. Programs that feed the hungry, heal the sick, house the homeless—all socialism, all just too expensive.
But just yesterday, our Republican-controlled government forked over $85 billion in taxpayer dollars to bail out AIG, a massive Wall Street insurance company. Before that, they bailed out mortgage giants Fannie Mae and Freddie Mac to the tune of $200 billion. And a few weeks before that, the Federal Reserve bailed out investment bank Bear Stearns for $29 billion.
It seems to me like Republicans have no problem with government spending huge amounts of your money when it’s for corporate socialism.
They don’t want our government spending any money to help the poor or the sick or the elderly or the less-fortunate, but they don’t mind hundreds of billions of your dollars being wasted to make up for corporate mismanagement and greed.
In other words, the GOP loves lemon socialism, where the government forces us to buy things we don’t want. What kind of sense does that make? Ignore those in need but write huge checks to wealthy CEOs and executives?
Personally, if our government is going to be spending tons of our money anyway, I’d rather it be to help the needy, not to pay the wealthy. And something tells me most of the American people–who live far from the Wall Street-NYSE world–agree.