Posted on 03/11/2009 11:12:30 AM PDT by gridlock
Its always great to see the stock market come back from the dead. But I am deeply worried that our political system doesnt grasp how much our financial crisis can still undermine everything we want to be as a country. Friends, this is not a test. Economically, this is the big one. This is August 1914. This is the morning after Pearl Harbor. This is 9/12. Yet, in too many ways, we seem to be playing politics as usual.
(Blah. Blah. Rush Limbaugh runs the Republican Party, etc)
As for President Obama, I like his coolness under fire, yet sometimes it feels as if he is deliberately keeping his distance from the banking crisis, while pressing ahead on other popular initiatives. I understand that he doesnt want his presidency to be held hostage to the ups and downs of bank stocks, but a hostage he is. We all are.
(Blah. Blah. The Sky is Falling, etc)
Which is why I wake up every morning hoping to read this story: President Obama announced today that he had invited the countrys 20 leading bankers, 20 leading industrialists, 20 top market economists and the Democratic and Republican leaders in the House and Senate to join him and his team at Camp David. We will not come down from the mountain until we have forged a common, transparent strategy for getting us out of this banking crisis, the president said, as he boarded his helicopter.
Maureen Dowd is off today.
(Excerpt) Read more at nytimes.com ...
So the New York Times had to find somebody even more simpleminded and uninformed to write her column. Fortunately, Friedman is up to the task!
Unlike Nero who fiddled, this pinhead is playing with his toys.
Looks like the demwits are getting spooked.
Friedman begins by throwing his ritual haj stones at the pillar of Rush.
Otherwise, his economic instincts are sound. He even notes that it doesn’t make sense for Obama to be ignoring the financial/banking crisis in favor of his social initiatives.
It’s going to take a while longer before Friedman starts to realize that Obama wants things to be worse. Though he may never admit it publicly.
“This Is Not a Test. This Is Not a Test”
The hell it isn’t. And sorry to say Tom, he’s not doing as well as you’d like.
Nice line!
Most of them won’t admit it publically. They know this commie is bad.
They’ll never admit that even to themselves.
They will never acknowledge that 0bama had anything but the best intentions, no matter how blatantly he destroys the country.
Well, at least they're comparing him to Moses now instead of the Messiah.
The rest of the press (and those who want to be loved by the press) calls him an 'entertainer'. Make up your minds! Oh yeah, you don't have... nevermind.
Riddle me this: was Wm Buckley the 'de facto GOP boss'? Or was he just an entertainer on PBS?
Rush has little to do with the GOP. He's is the main popular proponent of conservativism in the US, in the same way that Obama is the main popular proponent of socialism/fascism.
Dear Tom,
You’re a moron.
Why doesn’t Friedman ask the reason 17 of the 18 Presidential nominations to Treasury are still, not only unfilled, but not yet even named.
His notion that the 20 leading bankers, 20 leading industrialists, 20 top market economists and the Democratic and Republican leaders in the House and Senate could meet with Obama at Camp David to come up with a solution is just stupid. The problem is not that people haven’t thought enough to figure out a solution. The problem is that people are willfully ignoring the solution that is obvious on the face of it.
We must force the government to live within it’s means, cut taxes, and reduce the burden of government on our society. A twelve-year-old could tell you that.
Then I suppose that the obligatory CZJ pic must also have a stand-in:
He will come around because he must in order to try to save his reelection chances. But don't expect much, some flowery speeches, tasks forces, Camp David summits, a few press conferences, a “plan” that will not offer any real solutions.
I am torn, one part of me wants to see this sorry excuse crash and burn big time, the other realizes that if this happens the pain is very real and much too close to home.
schu
I think I'm gonna like this thread...
So is Pissant.
If there is pain, we have brought it on ourselves. Very few are the citizens who have made limited government their top priority. We are suffering the consequences of our neglect.
“We will not come down from the mountain until we have forged a common, transparent strategy for getting us out of this banking crisis, the president said, as he boarded his helicopter.”
Earth to Tom, there is no compromise left/right solution. There is a free market solution. All left wingers can play basketball with Obamachev and leave it to the adults.
Friedman is a real piece of work. He wants a fascist socialist dictatorship to create a green country of his dreams. When they crash the economy he says, hey wait, I need to be rich as well.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.