Washington has been asleep at the switch and ineffective and management on Wall Street has not run these institutions responsibly and has put companies and markets at risk
This from the party of less regulation, less government? It’s a good thing she was never on the ticket for the Libertarian vote.
Sure hope all that upcoming responsibility doesn’t raise our taxes any more. ‘Cause, you know, that would damage our economy.
[Updated to add:] Does this mean McCain is going to stop talking about how strong our economy still is, now?
Echoing one of John McCain’s favorite lines, the Alaska governor said she was pleased taxpayer money would not be used to bail out Lehman, as it was following the collapse of Bear Stearns last spring.
Too bad they are bailing out Freddie Mac & Fannie Mae, which are hundreds of times larger than Lehman Brothers.
[Edited AGAIN to add:] It also looks like Alaska is the state with the highest taxes and the highest per-capita government spending. You could call Time magazine a biased medium, but I doubt it would be hard to confirm that assessment.
And I actually don’t have a problem with that. Transportation and infrastructure obviously will cost more in Alaska than anywhere else. And they’d certainly have to pay ME more if they wanted me to teach there.
It is the anti-tax Republicans and Libertarians who should be appalled, if they’re not hypocrites. Oh. Well, never mind then.