{"id":1476,"date":"2008-09-19T12:59:37","date_gmt":"2008-09-19T17:59:37","guid":{"rendered":"http:\/\/lincolndemocrat.com\/?p=1476"},"modified":"2008-09-19T12:59:37","modified_gmt":"2008-09-19T17:59:37","slug":"the-mother-of-all-bailouts","status":"publish","type":"post","link":"https:\/\/lincolndemocrat.com\/?p=1476","title":{"rendered":"The Mother of all bailouts"},"content":{"rendered":"<p>I think I agree with<a href=\"http:\/\/robertreich.blogspot.com\/2008\/09\/bailout-of-all-bailouts-is-bad-idea.html\">Robert Reich <\/a>on the latest proposed bailout.<\/p>\n<p>As a Republican I&#8217;m very supportive of free enterprise and the &#8220;invisible hand.&#8221; But as a student of history and human greed I took to heart early the lessons of the unregulated Stock Market Crash of 1929. <a href=\"http:\/\/en.wikipedia.org\/wiki\/Glass-Steagall_Act\">Glass Steagall <\/a>gave us good protection. It was killed by Senator Phil Gramm in 1999. He&#8217;s the McCain advisor who just called American&#8217;s whiners. <\/p>\n<p>If American taxpayers are going to have to pay off  the bad debts of the rich then let&#8217;s make sure its taxes on the rich which pays off this most unwelcome financial burden. Barack Obama will tax them not John McCain. <\/p>\n<p>This will mean that a President Obama will have a lot less money to play with but that&#8217;s the price we all have to pay for granting the wishes of the regulation-hating GOP<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I think I agree withRobert Reich on the latest proposed bailout. As a Republican I&#8217;m very supportive of free enterprise and the &#8220;invisible hand.&#8221;&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59,84,4,39],"tags":[],"_links":{"self":[{"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=\/wp\/v2\/posts\/1476"}],"collection":[{"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1476"}],"version-history":[{"count":0,"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=\/wp\/v2\/posts\/1476\/revisions"}],"wp:attachment":[{"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}