Skip to comments.MSNBC Chris Matthews, 10/7/2010 ('Obama did what needed to be done, like FDR')
Posted on 10/11/2010 7:13:49 PM PDT by sickoflibs
MATTHEWS: Let me finish tonight with President Obama and what he`s done. I say the following because no one else including the president has. It is the hard structure of reality that in the current cacophony so often is overlooked.
This president came into the office facing the worst economic outlook since the 1930s. He took action — bold action — the action prescribed by the best economic minds following the best thinking there is in economics since the 1930s.First, even before taking office, he backed up his predecessor in preventing a major collapse in the financial industry. Everyone involved said it had to be done to avoid catastrophe, the destruction of our country`s financial spine.
Second, he took the action, again, boldly, to powerful offset the white knuckle drop in consumer spending and business investment. If he hadn`t, no one, including his worst critics, have any idea what would have befallen us. We can argue about the name that was given, the stimulus bill, but the creation of this great boost in economic demand for goods and services was critical to break what was widely seen as an economic free- fall.It`s easy to stand on the sideline, voting against everything, rooting against everything, and deride that bold action for the simple reason that nobody would ever remember if you had a seriously, reliably alternative.
Third, the president achieved what so many presidents from FDR from on have said, needed to be done, and this humiliating dependency of tens of millions of Americans in the emergency room as their only way on get medical attention. He said our society had a responsibility to look out for its members health that individuals should be required to do what they can personally to provide for their care.
For the first time in our country`s history, we are no longer the holdout in the modern world against broadly available, accessible health insurance. It is no time for political high-fiving for bragging, we know that. The economy`s down and people are hurting. But I wonder who`s good it did does for president and those who wish him well to overlook the simple, bold, impressive, gutsy facts of what he`s got done only now approaching two years in office. Someone needs to say it.
That`s HARDBALL for now. Thanks for being with us.
Full Transcript MSNBC : Hardball 10/7/2010
Yup, just like FDR, Emperor Zero took a bad economic situation and made it THAT much worse.
Hitler, Mussolini and Stalin also took bold action in the 1930’s, following the best economic minds of their respective countries.
Oh dear. I think there’s a rubber room and a special jacket in store for this man, soon.
“And the Central Committee’s next five year plan will be even more successful than the last glorious one...”
Obama isn't anything close to FDR, and thank God for that. His mojo has long since worn off. It's just a matter of crossing the days off the calendar at this point. Hell, he isn't even Bill Clinton.
MSNBC will be must see TV on election night.
“For the first time in our country`s history, we are no longer the holdout in the modern world against broadly available, accessible health insurance.”
Well, there goes all of our foreign Health care folks coming to the USA for treatment. Guess we will have to do with second hand care like these other countries...
He really should have that leg looked at.
Who do you believe, your eyes or Democrat's ‘best economic minds’ ?
Tingle Pants has a hard man-love for The Obama Creature.
Chris Matthews....that reminds me. I need to put toilet paper on my shopping list.
Yeah Chrissy he certainly has taken us back to the 30’s.
But this time it will all be repealed and the real greatest minds will correct the problems.
You know the people stopped ole FDR , the only thing they didn’t do was repeal his Progressive CRAP. We won’t make the same mistake this time.
First, even before taking office, he backed up his predecessor in preventing a major collapse in the financial industry. Everyone involved said it had to be done to avoid catastrophe, the destruction of our country`s financial spine.
So Chris, he was just following President Bush’s lead??
Good thing to know.
RE :”MSNBC will be must see TV on election night.”
I got my DVRs set for it, CNN, MSNBC and FNC. I still have MA Senate special election night MSNBC and FNC on my DVR.
Including springing the Lockerbie bomber...?
That is what got us in the mess we have now!