Michael Reagan: Wall Street Bailout 'Robbery'

by Phil Brennan - September 22nd, 2008 - NewsMax

"Democrats Franklin Raines, Jim Johnson, Jamie Gorelick, Penny Pritzker, Chris Dodd and Barney Frank are robbing the American taxpayer, and Republicans in the House and Senate had been tapped to drive the getaway car," said Reagan.

“In a political system where well-paid Democrat operatives can enrich themselves at the expense of the American people with zero downside, there is no incentive to behave properly, when the taxpayer will bail you out. Enough is enough, bad decisions have consequences and those consequences ought to include indictments and jail time for those who cashed in."

I guess I don't understand why John McCain is not saying the things that Michael Reagan is saying. McCain has good advisers, but too often I think that the advisers are concerned with the view of the left. In this crisis the easy answer is there is some fat-cat group of rich that are evil who did this. However, pointing at these vaguely defined villains usually causes the misunderstanding that they are Republicans, not Democrats who own this scandal. Is this McCain trying to be an independent again?

This is a Democrat scandal and McCain is letting it become a fat-cat scandal, meaning Republican. I am not pleased with that.