No Sense of Measure
I really hate to agree with Chris Matthews (why do I watch him??) and I don't want to prefigure my assessment of this evening's non-"State of the Union" State of the Union speech. Nevertheless, it's worth taking note of the depth of Barack Obama's counterfeit beliefs. He's been on a tear recently, talking about the dangers of our current situation — yeah, OK, everybody gets it already — about why we need a big government recovery program. So without missing a beat, yesterday he holds his "fiscal responsibility summit" and talks about halving (!!) the deficit by the end of his first term. Well, which is it? He can't have both. Doesn't he realize that? Why can't someone in the smart set around him explain the arithmetic? What kind of mixed message is he sending? Is it that much of a struggle to reconcile what he sees with his eagerness to get along with everybody? And didn't he ever learn that you can't be all things to all people? We already had a recent President who for whatever reason didn't understand that. Billy-Bob or something, I forget. Unsound. He got impeached. And just about everything he did didn't work out so well over the longer run... Looks like we're now repeating history as farce.
Posted by George Kenney on February 24, 2009 8:08 AM 
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Comments
The only way Obama can achieve his goal is to replace Robert Gates with Chuck Spinney. Why do I think that's not happening?
Does he actually think that Congress is going to cut those "defense" projects and put a few hundred people in their district on the unemployment line? Maybe he thinks he can get agreement on a way to "fix" Social Security, or to be more precise, fix the problem of the government actually having to pay back the holders of Treasury bonds.
Posted by: Charles D
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February 25, 2009 9:06 AM
Also, get rid of crooks like Bernanke, Paulson, Rubin, Geitner, etc. and put in somebody like Joe Stiglitz.
Here he is on today's democracynow:
http://www.democracynow.org/2009/2/25/stieglitz
How about an interview with him?
[I'd asked to interview him quite a while ago, and did have a good back and forth with his assistant, but he's pretty busy and I guess he isn't all that interested in podcasts. Oh well... g.]
Posted by: Revulsion 3.0 | February 25, 2009 2:31 PM
Obama is directing all that "balanced budget" malarkey at the creditors — China, Japan, Saudi, etc. He is promising to pay back the money and behave better if they'll just keep lending us money. He's promising to be more responsible if the rest of the world agrees to keep the greenback as the effective world currency.
I wish we could role back the clock but we can't. I'm sure that party is over. I'm afraid we are headed for a new, and quite different, Bretton Woods arrangement, whether we like it or not.
Posted by: Chris Collins | February 25, 2009 10:14 PM