September 20, 2008

*Raise Hand* Question for Mr. Rossi?

Yes -- question at the back.

Thank you, Scott. Mr_Grant, Wiseline Institute Northwest. I wanted to ask Shadow Governor Rossi a question about economic policy.

Over the past months and weeks we've seen the American -- global, really -- financial crisis come to a head. IndyMac. Fannie Mae. Freddie Mac. Lehman Brothers. AIG. Huge swings in the Dow.

What's more, a growing number of commentators have traced the culpability of Republican neoconservative economic policy and corruption in this meltdown, as well as Enron and energy deregulation earlier in this decade. This linkage is typified by the roles of Phil "Mental Recession" Gramm.

The crisis is trickling down all right. At the state level, in Olympia a $3.2 billion deficit is being forecast.

Furthermore, this weekend sees announcements of a $500 billion federal bailout package, the biggest intervention since the Great Depression.

Do you have a question?

Yes. How can Shadow Governor Rossi keep running the "we're going to be fiscally conservative" campaign ad and identify himself as "GOP" with a straight face?

No comments: