Fiscal Flexibility

With the unexpected outlays related to the recent Mortgage bills, next year’s budget will, inevitably, have to be curtailed. Biden came out and addressed the spending issue head on and then rambled a bit, while Plain, well…

MODERATOR: What promises, given the events of the week, the bailout plan, all of this, what promises have you and your campaigns made to the American people that you’re not going to be able to keep?

BIDEN: Well, the one thing we might have to slow down is a commitment we made to double foreign assistance. We’ll probably have to slow that down. We also are going to make sure that we do not go forward with the tax cut proposals of the administration — of John McCain, the existing one for people making over $250,000, which is $130 billion this year alone…

MOD: Governor?

PALIN: Well, the nice thing about running with John McCain is I can assure you he doesn’t tell one thing to one group and then turns around and tells something else to another group, including his plans that will make this bailout plan, this rescue plan even better…

(EDITORIAL NOTE: What? Seriously, what?)

MOD: So, Governor, as vice president, there’s nothing that you have promised as a candidate that you would — that you wouldn’t take off the table because of this financial crisis we’re in?

PALIN: There is not. And how long have I been at this, like five weeks? So there hasn’t been a whole lot that I’ve promised, except to do what is right for the American people, put government back on the side of the American people, stop the greed and corruption on Wall Street. And the rescue plan has got to include that massive oversight that Americans are expecting and deserving. And I don’t believe that John McCain has made any promise that he would not be able to keep, either.

(EDITORIAL NOTE: John McCain has been married twice…you see, my friends…promises, circumstances, changes…yeah, they happen. And greed is an emotion, you can’t stop it, but you can establish regulations to limit it. And, “massive oversight”? Seriously?)