Are we capitalists or socialists?

Why do the Congressional Democrats say that they will only greenlight a $700 billion bailout bill if they’ve got the support of a significant number of Congressional Republicans?  The Democrats are in the majority in both houses, and the U.S. President is siding with them, so why the uproar over the Republican holdouts?

The reason why some Republicans are holding back is because the bailout converts our financial sector from capitalism to socialism, and they don’t believe we should be socialists.  I agree.  I don’t think we should be socialists.  I’m sure Congressional Democrats understand where these Republican holdouts are coming from.

Therefore, if the Congressional Democrats are so certain that these Republican holdouts are in error, and they think they have the correct solution, then they should act on their convictions, just as the Congressional Republican holdouts are acting on their convictions.

The ball really is in the Democrats’ court, but I guess they don’t really want the ball to be in their court.  Why do the Democrats hesitate?  Do they also feel an inner conflict?  If so, then perhaps they’ll have enough of an open mind to consider my question:  Are Americans capitalists or socialists?  What’s your answer?  If the former, then go back to the drawing board and figure out something besides bailing out with the taxpayers’ money.  If the latter, then ACT!!!

5 Responses to “Are we capitalists or socialists?”

  1. Ben K Says:

    No, you are exactly right…..they dont want the ball in their court.

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