Wednesday, September 24, 2008

Err, What Does That Plank Say Again?

The Republican Party platform adopted 3 weeks ago explicitly opposes government bailouts of private companies. Here is the pertinent language (from the section titled "Rebuilding Homeownership"):

We do not support government bailouts of private institutions. Government interference in the markets exacerbates problems in the marketplace and causes the free market to take longer to correct itself. We believe in the free market as the best tool to sustained prosperity and opportunity for all.

But true to their elephantine ways, many Republicans (including head honcho W) are not beyond completely abandoning their supposed "principles" to grab more power.

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