posted on Sep, 15 2008 @ 08:01 AM
reply to post by skyshow
I gave you a flag and star just for asking the question!
With all of the hoopla and rancor surrounding the coming national general election of the U.S., it's not a surprise that many have overlooked the
importance of what is happening on Wall Street.
The candidates should be talking about this issue. To my knowledge, the only person to ever address it directly is Ron Paul.
My best guess is that the candidates are not talking about Wall Street because they have no answers for it, and to bring up the subject is to remind
taxpayers that they are paying to bail out Fannie Mae and Freddie Mac, which by all rational thinking should not be the case. Does the federal
government come and bail you out when you can't pay your bills? No, it does not.
Why should the government, at taxpayers expense, bail out private corporations? Isn't that socialism? Doesn't that conflict with the core beliefs
of the current administration?
It's much easier to bash candidates and bask in the glow of Obama and Palin, otherwise U.S. citizens would be pressuring to the candidates to come up
with some possible answers to Wall Street's problems.
The other thing is the anti-intellectualism that is running through many towns, large and small, rural and urban, in the United States. Many people
just do not think that Wall Street has anything to do with them or is any of their business. When the fact of the matter is that, in its current
situation, Wall Street's hemorrhaging has everything to do with every U.S. citizen.
If the public and the media were asking candidates about Wall Street, then the candidates would be compelled to deal with the issue. Since neither
the public or the media are doing so, the candidates will continue to avoid the issue. To the campaigns of both candidates Wall Street is not an
issue until either the public or media makes it one. And that is a shame. McCain and Obama should bring up the subject themselves and offer
solutions. That's what Ron Paul did. Though, I think, Paul is cut from a different fabric than McCain or Paul. He's just a bit more forthright
and honest about some things -- Wall Street and central banking being among them.