Cantor criticizes stimulus package, suggests alterations

Cantor, who voted in favor of all borrowing and bailouts until the moment Bush left office.  Spare me.

fred: do you recall that under the clinton administration, democrats didn’t control congress (except for the first two years)?  so i’m not sure how the current financial crisis is mostly the fault of the dems when it was republicans who controlled the legislative branch.

and maybe these two little words will ring familiar: ‘ownership society’.  your man W was the one who pushed for everyone to own their own home.

The ongoing debate over the current financial disaster is perpetuated by clearly excessively partisan political operatives of both parties who will consider no real solution and refuse to recognize the harm that has been foist on the citizens by (a) wasteful spending, (b) inefficient bureaucracies, (c)failures and the malfeasance of every one of our financial oversight entities beginning with Congress, (d) excessive entitlements, (e)unwillingness to cut spending, and (f) ill-conceived legislation.

While it is certainly not appropriate to reveal names in a comment on a newspaper article, I am personally acquainted with a retired senior official of a major bank who was actively and persistently threatened with attempts by partisan social activists to have his employment terminated because he would not approve a loan for their community development organization’s project which had no demonstrable means of repaying the debt. Fortunately, his superiors were “old-school” ethical businessmen who supported the precept of lending only to those who were able to demonstrate they had the traditional “good credit record”, “capacity to repay”, and “qualities of chartacter”
necessary to justify and support the debt. Someone else, in another institution, was enticed - more likely under duress - to make the loan. The project failed miserably and taxpayers lost their money. So those that wish to defend Barney Frank and Chris Dodd and their ilk need not try to convince me that the Community Reinvestment Act had the beneficial effect that group tries to assert. Nor will it be possible to convince me that the extremely partisan Congress - including both parties - has any true interest in producing a realistic and affordable solution to the problems we face. 

No solution will come until “we the People” insist on electing people to public office who are sincerely interested in the public good. They are not found exclusively in any political party and are more likely than not true Independents. 

Professional, partisan political operatives continue to talk while our economy descends further into ruin.

I am an independent who listens to both major parties and then decide for myself which is right or wrong.  But Canter sounds like a political opportunist whose opinion is full of hot air.  Mr. Cantor, the devasting economic conditions we are now in were created under the Republican ‘watch’ (George Bush).  Now you indicate that Republicans know how to get us out of this.  If that be the case, why are we in difficult economic times?  It sounds like you are full of hot air. It seems that according to Republicans, lowering taxes is the cure to all ills. It is my belief that the real cure lie somewhere between the Republican and the Democratic viewpoint.  Now quit with the hot air and work towards a real solution.

It is quite simple, government can not spend itself out of economic trouble. I am hoping that Cantor learned this from the failed TARP spending for which he voted.