Thursday, November 06, 2008

Who's going to pay my mortgage and buy gas for my car?

It was just a matter of time, but the Democrats are already bailing out on their campaign promises after only one day:
During their campaigns for the White House and Congress, Democrats played up their ambitious plans to cool a warming planet, revive the economy and fix a broken health care system.

But House Speaker Nancy Pelosi, in her first news conference since the party's big election victory, warned Wednesday that Democrats might have to scale back the size of their proposals as tax revenues slow and federal budget deficits soar because of a sluggish economy.

"I think it's important for the American people to know that many of our options have been diminished because of the downturn in the economy," Pelosi said. "We have a lot less money to draw upon."
Things must have really gotten bad overnight, eh Nancy? Still, I guess this has to be counted as an upside to the Democrat party's destruction of the mortgage market and the resulting economic tremors.

Hmm, I wonder - are banks still giving mortgages to illegal aliens and food stamp recipients?  I wouldn't want them to be accused of discrimination by the Democrats.