2008 Republican Party Platform Opposes Private Bailouts

Can anyone really trust anything Republicans say?

Three weeks ago, in St. Paul, the GOP adopted a party platform for 2008 that specifically opposes government bailouts of private companies. From the section on “Rebuilding Homeownership”, the platform says:

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. We believe in the free market as the best tool to sustained prosperity and opportunity for all.

So imagine the hypocrisy of tossing the baby out wsith the bathwater on this free market principle that Republicans cherish which will lead other large industries to expect the government to bail them out when they are in trouble too. On the bailout itself, a recent Rasmussen survey reports McCain supporters are against it 44% to 26% and Obama supporters are against it 46% to 26%.  Opposition to the bailout crosses every possible demographic (age, race, gender, ideological)

And which candidate is benefitting from this mess; Senator Barack Obama holds a 52% to 43% edge over “who will handle the economy better?”  This, accoridng to an ABC News/Washington Post poll.