That didn't take long.
The Republican Party adopted a platform that said:
"At the same time, government action must not implicitly encourage anyone to borrow more than they can afford to repay. We support energetic federal investigation and, where appropriate, prosecution of criminal wrongdoing in the mortgage industry and investment sector. We do not support government bailouts of private institutions. Government interference in the markets exacerbates problems in the marketplace and causes the free market to take longer to correct itself."
You lied.
"Fannie dropped $2.25, or 32 percent, to $4.79 at 5:50 p.m. in New York Stock Exchange trading after the Wall Street Journal said the Treasury is close to completing a plan to help the mortgage-finance companies. Freddie slumped $1.40, or 27 percent, to $3.70.
The plan may involve a ``creative use'' of the Treasury's new authority to pump capital into the companies as well as changes to senior management, the Journal reported on its Web site today, citing a person it didn't name."
So you adopted a platform earlier this week which said you wouldn't bail anyone out or support practices that involve unsustainable loans which is exactly what Fannie and Freddie have done over the last eight years.
But by the end of the week, you have already, by the officials in your own party, who currently occupy Treasury and The White House, made clear that you are rank LIARS.
Absolutely nothing in your platform - not your stand on foreign policy, not your stand on human rights, not your stand on trade, not even your stand on abortion and family values can be taken at face value.
YOU HAVE JUST DECLARED THE ENTIRE PLATFORM TO BE ONE GIGANTIC DOCUMENT OF LIES.
By extension, I must take every promise that McCain and Palin made at the Convention to be lies, when you are unable to avoid going back on your word for even one calendar week.
Attention RNC - you have just lost my vote, and any person with more than two firing neurons in their head that votes for John McCain and Sarah Palin this fall is both certifiably insane and is voting for the intentional destruction of our nation's financial security.
If your party does not step in prior to this "fait accompli" being announced and squelch it, I will burn in effigy my Gingrich Speaker's Gavel, make a Youtube video making clear how I feel about The Republican Party, and will be filing a party affiliation change Monday morning.
That's a promise.
Foreign policy and military prowess is immaterial if you have no money; The Republicans have spent the last eight years practicing fraud and theft upon the public, and now, less than one week after saying that it was antithetical to the party principles your standard-bearers go do exactly what you said is unacceptable.
Irrespective of what the "change" is you get from Obama (and how good or bad it might be) at least you're being told up front what they're going to do, instead of being lied to so blatantly that your party can't even wait one week to go back on its word in a way that can bankrupt our children and grandchildren.
Republicans disgust me.
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