http://www.nytimes.com/...
How could a politician who voted for tax cuts that directly enlarged the national debt by over a trillion dollars be described as "fiscal conservative"?
http://wonkroom.thinkprogress.org/...
How could voting to run up the national credit card debt be "conservative"?
Is this another "Hitler was a liberal" thing that I don't get? Is being a "Fiscal Conservative" like herpes or something? Even if you never show it, you still got it?
Lots of blue dogs who pant and whine about costs of providing universal healthcare to the American public had no problems with fiscal conservation when voting to cut Paris Hilton's taxes back in 2001 and 2003. But there is no time on the 24 hour news channel to expose that hypocracy, apparently Michael Jackson's disembodied brain is still more important.
And about that Stock Spike-
How could actions meant to regulate harmful practices of an industry, cause that industries stock price to spike up? Any businessman will tell you that any regulation is inherently bad news, so why would news of a new "regulation" bill increase stock price?
The only answer, my dear Watson, is that Baucus health "reform" bill is not regulation at all, it is just another transfer of wealth from the public to the private sector. It's another bailout to those people who knocked the hole in our national healthcare boat.
The experts at the stock market have spoken definitively on the effectiveness of this regulation, in the most authoritative voice in America - money.
Yes the stock could have been supressed by the dread of this pending regulation, but it doesn't change my point, if your "regulation" is good music to a parasitic industry like health insurance, then its not real regulation and reform.
The tax money the "fiscal conservatives" voted to throw away in return for nothing in 2001 would easily pay for the reform plans proposed by other committees.
But the NY times refers to these irrational corporate obstructionists as "rebellious fiscal conservatives", sounds like a three piece pinstripe in an x-wing fighter or something.
PS Max Baucus' D.C. line has been busy, but I keep trying. (202) 224-2651