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Liberal Spending, No Social Perks: Call It Neo-Neoconservativism Charles Wheelan, Ph.D.

Two different headlines over the past week have confirmed what's been increasingly obvious for a long time: George W. Bush is no conservative.

Glaring Contradictions

In case you missed them, here's a review:

1. Bush signs the housing bailout.

Here's my best summary of the housing debacle: Homeowners borrowed much more than they could afford; banks gleefully loaned them the money; and then Wall Street, the self-described smartest people on the planet, bought large quantities of those securitized loans. Which part of that couldn't have been prevented with a little more foresight (and a lot less greed)?

Conservatives are supposed to be about personal responsibility, not government bailouts.

2. The administration announced that the federal budget deficit is projected to be $390 billion this fiscal year and $480 billion next year.

That's ju


Added: Aug-6-2008 
By: Bad Bubby
Iraq, News
Tags: republican, democrat, libertarian, conservative, bush, economy, gdp, taxes, debt, ron paul,
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