Some things I wish I heard from president
Sunday, September 28, 2008
President Bush let Americans down when he addressed the nation regarding our embarrassing financial mess. When he had the opportunity to name the Fedzillacrats of both political parties responsible for the financial meltdown, he didn't do it.
The man has no spine.
Americans deserve to know by name the political scoundrels responsible for this financial quagmire, especially if President Bush wants us to embrace a near trillion-dollar bailout.
We deserve to know exactly how this happened and have a right to know by name anyone who should be held accountable. President Bush didn't tell us that he supported any investigations to determine which Fedzillacrat is responsible for this mess and how it occurred.
His speech was classic political hot air. I am truly let down by the depth of abject soullessness in our disconnected government.
When he had the bully pulpit Wednesday night to provide us the information we have a right to know and he has an obligation to provide, Bush failed us. The president is as responsible for this mess as any Fedzillacrat.
If Bush thought Fannie Mae and Freddie Mac and other financial institutions were on financial thin ice, he should have used his presidential bully pulpit and warned us on any number of occasions.
He had countless chances to tell us. He failed to do so. As we have learned, bad news doesn't get better with age.
Bush didn't tell us that Fedzillacrats such as Democratic Sens. Chris Dodd and Charles Schumer and others were paid stacks of cash by lobbyists of Fannie Mae and Freddie Mac to keep our representatives from holding these quasi- government institutions accountable.
These Fedzillacrats actually made it government policy for lending institutions to make home loans to unqualified recipients. President Bush didn't tell us that, either.
Shysters in charge
Tainted lobbyist money and shyster Fedzillacrats have more to do with this financial crisis than the irresponsible and quite possibly crooked CEOs and other business officers of the financial firms. Baby Face Nelson is monitoring Al Capone for us. Great.
While Bush did say a few words about our outdated laws and regulations and said he was a free market supporter, he didn't say he believed that less Fedzilla meddling in the market was better for the long-term for our economy.
Fedzilla has no business in the home loan industry. That's what a free market champion would have said.
Bush didn't say that all senior officers of the firms receiving bailout money would be fired and put under criminal investigation.
He didn't tell us that he was going to unleash the largest investigation in the history of the Justice Department to smoke out all the bandits who had anything to do with this.
Put them on trial and, if found guilty, haul them off to jail. If our legal system can take the property of dope dealers, then we ought to be able to seize the financial assets of these bandits.
Americans have a right to know and should want to know which of our elected officials had anything to do with this mess and how much cash they received from lobbyists for turning a blind eye.
Fedzilla is a major source of all of our economic, social and cultural maladies.
The Fedzillacrats deserve our scorn, contempt and anger. If any of them had an ounce of integrity they would resign and beg for forgiveness. Do your patriotic duty and vote them all out. They deserve it.
I want a solemn promise that those individuals responsible for this mess will be held accountable. When I get that from the president, I will consider his bailout plan.
Ted Nugent is a Waco-based musician and television show host. Contact him at tednugent.com.
