Was the Bailout Moral? - Dinesh D'Souza Responds

Dinesh D'Souza responds: My answer is, "No," for the simple reason that the root principal of capitalism and morality is accountability.
Politically, I think that supporting the Bailout was the single greatest political blunder that the McCain
campaign made. If McCain had opposed the Bailout with Obama favoring it--this would have decisevely
changed the campaign--completely altering the word, "change" and would have created a completely new political equation.
[end quote]
Because of McCain's support for the Bailout, his recent charges that Obama's policies are socialistic
have fallen on largely deaf ears. As conservatives (and libertarians) we need to heed the warnings
of history contained in the truism,
"Nothing is so permanent as a temporary government program."
- Milton Friedman
-------------
Question/Answer period after his talk at University of the Pacific in Stockton, California 10/23/08.
http://www.dineshdsouza.com/

If you oppose the bailout you can find out here how your representatives voted on it. Also included is a flyer you can distribute on the issue: http://www.campaignforliberty.com/blog.php?view=2592

If you live in northern California or Reno, NV, I can get you grants to start conservative and/or libertarian activist groups/clubs (even book clubs). Just send me a message (even if you don't live in my region).
ajones@limail.us
the Leadership Institute

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[moviemox]

accountability is the root principle of morality. Outstanding.

[dave777blaster]

7,000 Dollars for every single citizen

had that been given to the people there could of been a serious affect to the economy

but they gave it to the crooks.

[cocoinfinity1]

Nice to listen to dinesh without some moron sharing the stage with him.

[cromptonator]

I couldn't believe how many people were praising Obama for giving out bailouts! Did they actually believe it would stabilize the economy? The US is now in debt for $14.5 trillion.

[Pdrum2]

@klard I have a problem with his viewing on morality and capitalism, I do agree that accountability is moral but it's hard to reallt reconcile morality with capitalism unless your view is utilitarianism usually

[Pdrum2]

"ordinarily the guy can't pay the mortgage" not true, they have mortgage assistant program they tried to eliminate in the house.

[Pdrum2]

explained it quite well

[PikPobedy]

Just think of the good he could do to India with his compatriots.

[aReaganDesignee]

I really like D'Souza, makes great sense.

We need more people to speak out like this.

[bonfirejovi]

@klard i know we dont have free market captalism... that is the problem. capitalism hasnt become anything. this mixed economy we adopted (probably under woodrow wilson) which has been leading to a more bloated and bureaucratic corporatist government. if anything we have been moving to a more centralized government (i.e. socialism). these people today aren't capitalist, they are wolves in sheep's clothing. free market capitalism is the opposite of what government wants.

[klard]

@bonfirejovi We have capitalism now but we don't have free market capitalism. Capitalism has become a system dominated by a wealthy elite for their own benefit. The people who do the work are paid so poorly that they cannot purchase the production of the system anymore and there is a huge crisis of excessive productive capacity and unmet needs. Capitalism has came round full circle and is now a feudal system itself of money masters and debt slaves.

[bonfirejovi]

@klinger04 ron paul, at least he understands blowback and economic theory. something dinesh and his trivial excursions into morality know NOTHING about.