Republican National Committee rips Bush bailouts!

WASHINGTON - December 30, 2008 - Republican Party officials say they will try next month to pass a resolution accusing President Bush and congressional Republican leaders of embracing "socialism," underscoring deep dissension within the party at the end of Mr. Bush's regime.

Those pushing the resolution, which will come before the Republican National Committee at its January meeting, say elected leaders need to be reminded of core principles. They said the RNC must take the dramatic step of wading into policy debates, which traditionally have been left to lawmakers.

"We can't be a party of small government, free markets and low taxes while supporting bailouts and nationalizing industries, which leads to big government, socialism and high taxes at the expense of individual liberty and freedoms," said Solomon Yue, an Oregon member and co-sponsor of a resolution that criticizes the U.S. government bailouts of the financial and auto industries. Republican National Committee Vice Chairman James Bopp, Jr. wrote the resolution and asked the rest of the 168 voting members to sign it.