Wednesday, May 13, 2009

Republican Hacks that Supported Bush's Bailout

This article in the Wisconsin State Journal points out that Newt Gingrich and Tim Phillips, who helped organize teabagging parties on April 15th, supported the Bush/Paulson bailout of 2008. Hypocrites.

After reading coverage of the "tea parties" across the country, I noticed that there were a few groups that helped organize them that had supported the Bush/Paulson bailout last year.

I find it interesting that Newt Gingrich and Americans for Prosperity supported the Wall Street bailout when there was a Republican in the White House, but now they are helping protest the wasteful spending and bailouts that President Barack Obama is pushing.

Personally I oppose all the bailouts and wasteful spending, regardless of who is in charge of Congress or the White House. But for conservative groups to be taken seriously, they need to stick to their principles instead of going along with Republicans when they act like Democrats.

By supporting the Wall Street bailout last year, Gingrich and Americans for Prosperity lose credibility with those of us who are mad about the fiscal irresponsibility of both parties.

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