The GOP Opposes Bailouts—Its Platform Says So

Yet another example of how archaic and useless party platforms are.


It's long been a given in politics that party platforms are outmoded and disconnected from reality. Even so, the section of the GOP platform pertaining to the economy, and specifically government bailouts, is a gem.

To wit:

We do not support government bailouts of private institutions. Government interference in the markets exacerbates problems in the marketplace and causes the free market to take longer to correct itself. We believe in the free market as the best tool to sustained prosperity and opportunity for all.

(Hat tip to Bree Hocking over at RobertEmmet)

So Senator McCain, do you stand by your party's platform?