Skip to comments.Has a ‘Katrina Moment’ Arrived? (New York Times Slams Obama Alert)
Posted on 03/22/2009 3:39:39 AM PDT by Zakeet
A Charming visit with Jay Leno wont fix it. A 90 percent tax on bankers bonuses wont fix it. Firing Timothy Geithner wont fix it. Unless and until Barack Obama addresses the full depth of Americans anger with his full arsenal of policy smarts and political gifts, his presidency and, worse, our economy will be paralyzed. It would be foolish to dismiss as hyperbole the stark warning delivered by Paulette Altmaier of Cupertino, Calif., in a letter to the editor published by The Times last week: President Obama may not realize it yet, but his Katrina moment has arrived.
To get ahead of the anger, Obama must do what he has repeatedly promised but not always done: make everything about his economic policies transparent and hold every player accountable. His administration must start actually answering the questions that officials like Geithner and Summers routinely duck.
Inquiring Americans have the right to know why it took six months for us to learn (some of) what A.I.G. did with our money. We need to understand why some of that money was used to bail out foreign banks. And why Goldman, which declared that its potential losses with A.I.G. were immaterial, nonetheless got the largest-known A.I.G. handout of taxpayers cash ($12.9 billion) while also receiving a TARP bailout. We need to be told why retention bonuses went to some 50 bankers who not only were in the toxic A.I.G. unit but who left despite the retention jackpots. We must be told why taxpayers have so little control of the bailed-out financial institutions that we now own some or most of. And where are the M.R.I.s from those stress tests the Treasury Department is giving those banks?
Thats just a short list.
(Excerpt) Read more at nytimes.com ...
Nothing paranoid about that. I’ve expecting such a bailout for a while now. And these bozos are trying misdirection like crazy, so why tinfoil?
Yes, but that was pre-Lewinsky.
> There will be no financial recovery until Obozo is out of office!
I think you’ve got it right! I wonder if it will get bad enough for the Dems to start asking about Birth Certificates? (One can hope, ay!)
And Frank Rich, no less.
The only thing Rich is worried about is that BO isn’t pulling the wool down over our eye very effectively...
In the beginning I thought the “Birth Certificate” was a tinfoil hat issue.
It is not.
I plead guilty to being a “Birther”.
Not holding my breath, but the collateral damage to the Dem’s of revealing that he is not qualified to hold the office would be huge.
People who predict the future are always wrong, but I have stated since the inauguration (coronation) that the wheels would fly off this thing within 6-months.
It might just happen sooner.
I don’t remember FReepers saying that, although some articles that are posted certainly say he’s some kind of superhero. The fact is that if the Dims didn’t have so many caucus states, where the Chicago thugs could get Zer0 votes by intimidation, and McCain hadn’t stupidly “suspended” his campaign during the bailout “crisis” while Zer0 merely stayed on cruise control, the White House might have a different occupant now. Lucky schmuck with a gift of gab, in the right place at the right time.
Frank Rich is carrying on like a, well, like a gay theater critic with a snake up his pantleg.
We have a government that disallows one member of it being utterly necessary- we can survive without Obama, he’s not a dictator just yet.
I couldn’t believe the way Dennis Miller was sucking Stewart’s ass on O’Reilly the other night, constantly referring to Jon as a “mensch.” Miller can pick the friends he wants but I can think of a few other Yiddish tags that I’d rather put on Stewart.
Policy smarts? Are you kidding Frankie boy? As for political gifts, that has yet to be completely reveled. I am guessing that some of those gifts could be very embarrassing for the anointed one. Just how many and how much of those gifts were from AIG? (Those are the only "political gifts" this dufus has, believe me.)
They are made from the same Marxist cloth, after all.
I’m a “Birther” too!
> Not holding my breath, but the collateral damage to the Dems of revealing that he is not qualified to hold the office would be huge.
Depends on how the Dems play it, ay. They could decide to get onto the front foot and “discover” that the B/C copy they had seen was false or counterfeit, and that they had been “deceived” — thereby throwing His Excellency under the bus.
Or depending upon their Party discipline, they might be able to make sure that he gets nothing accomplished — not sure how that works in the US, but we’d call that “white anting” here in NZ...
Things could get really interesting in the next few months!
Obama on Leno as the economy falters = Obama’s “My Pet Goat” moment!
When will we see THAT in a Michael Moore movie?
The race card has been overplayed and the American people are ticked off.
Let the race card continue to be played and the backlash will continue to grow.
while cracks in the dam are forming, there are still enough useful idiots in the media that will quickly plaster them long enough for Obama to weather the storm. I am just waiting for birak to replace Gibbs with Queef Ogreman as his press secretary.
O'Reilly is a jerk who hates the Conservative movement.
Leibowitz is a schmuck whose propaganda is largely responsible for the obamatron mentality that is pervasive in my generation.
My media hero is Mark Levin, and he will most likely stay that way.
Listen from 92:48 to 100:19 here:
Check these out when you have the time:
Unless and until Barack Obama addresses the full depth of Americans anger with his full arsenal of policy smarts, of which, he has none, and political gifts, those, of which, are quite useless, his presidency and, worse, our economy will be paralyzed.
“As Freud said, Sometimes a cigar is just a cigar.”
I thought Clinton said that.