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Orange Punch ~ Opinion blog maintained by editorial writers Alan Bock, Mark Landsbaum and Brian Calle.

The economy made me do it again!

December 23rd, 2008, 12:36 pm · 2 Comments · posted by Steven Greenhut

George W. Bush recently declared that he had to abandon his free-market principles to save the economy, which is a lot like abandoning your faith to save your soul. If you gotta abandon your core beliefs when they going gets tough, then one has to wonder whether you really held to those core beliefs in the first place. Many of us who watched the Bush administration over the past eight years realize that Bush never really had limited-government principles. He expanded government constantly, rarely vetoed legislation, launched a Wilsonian war. So it was painful but no surprise that he has embraced bailouts of everyone and everything.

Now here’s a Reuters news article about Bush signing pension relief legislation even though he says he really doesn’t like the bill. ”President George W. Bush on Tuesday signed into law a measure intended to help company pension plans and retirees that have been hard hit by the financial crisis,” according to the report. “Despite some concerns about the legislation, Bush decided that in the current financial environment the benefits outweighed the problems, the White House said.”

The good news: this principle-lacking big-spending liberal will be gone within a month. The bad news: another principle-lacking big-spending liberal will replace him.

Hat tip to Jack Dean and his wonderful pensiontsunami Web site.

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Posted in: Financial crisis
 
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 2 Comments

  • Mark says:

    The more I find out about Bush, the more it shows me that he’s really a liberal.

  • Mark says:

    I don’t know how pensions work with unions but I hope that all (100%) of this pension money goes to the retirees. If I find out that unions will get any of that money, I’m going to go ape-democrat. That last thing I want to do is fund the DNC with my money.