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Neo-Conservatives Standing On What's Remains Of Liberal Institutions
posted Sep 29, 2004 at 03:06PM

Dear Editor,

It is hilarious to listen to financial analysts drone on and on about how the ability to give billions in aid to Florida hurrican victims is a great advantage to the incumbent President.

Funny because one of the goals of neoconservative financial ideology is to make such government programs so weak... it can be taken out "and drowned in the bathtub"....This kind of social assistance spending is one of the great burrs under the neoconservative these social darwinists, people should be just picking themselves up from the bootstraps.

In other words if these neoconservative Bush supporters really had their way..Florida would be Haiti

Of course that brings up to mind those federal instituions like Freddie Mac and Fannie Mae, which in neo-conservative circles, ranks right up there with Michael Jackson and Saddam Hussein as cultural icons of evil.

You don't have to go too far to find neo-conservative "intellectuals" talking about these federal institutions should have "their foundations
broken down and the earth salted for good measure".

Yet these institutions are primary pillars in the housing boom, which is the only thing keeping the American economey afloat, and allows Bush to brag about how the US has the highest percentage of home owners.

Of course Fannie Mae and Freddie Mack are institutions that find themselve in hot water for underreporting earnings and growth..unlike the rest of the Bush government that are busily massaging numbers to hide a balance sheet that would make a Third World country tremble and has the IMF very very nervous.

Anything good that is happening in the US today is inevitably because of policy which was put in place by Bush's predecessors.

The last four years have shown that whenever neoconservative ideolgy is applied to real life, the results are not only catastrophic, they are
catastrophic immediately.

Posted on Wednesday 29 September 2004 | Comments (0)

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