Over on the Huffington Post, Hale “Bonddad” Stewart notes how the events of the past week have marked “the death of Republican philosophy.” Below is a summary of the statements the Republican party can no longer claim as part of their core ideology:
We are the party of small government
Under Bush II, discretionary spending has increased from $640 billion to $1.040 trillion dollars. And that doesn’t include our new trillion dollar bailout.
We Support Free Markets
Last week the SEC banned short-selling in financial shares.
We Are the Party of Fiscal Responsibility.
No Republican president has ever balanced a budget.
We are the Party of Personal Responsibility
When companies make really stupid decisions the Federal government bails them out. In fact, when the going gets tough, the Republicans become socialists.
Whenever a Republican talking head says they are for any of the above mentioned things they should be questioned to explain how that statement (I’m for free markets) jibes with banning short selling of an entire sector of the market. Whenever a Republican says he is for smaller government, have him explain the nearly doubling of discretionary spending when the Republicans controlled all branches of government.
Simply put, this week demonstrated how hollow many of the Republican values are. They sound great on paper, but aren’t put into practice when that result might cause financial harm to another Republican.