There are too many people, especially among the intelligentsia, who will never appreciate the things that have made this country great until after those things have been destroyed— with their help.
BO’s speech last night.
(paraphrased as I understood the message)
“This problem started with bankers taking way to much riks in greedy endeavors”
“We cannot repeat the lending mistakes of the past...The days of 0% down and lending to folks that can’t afford the mortgage have to end.”
“We need to loosen the credit markets and the banks need to lower their standards to get lending flowing again.”
“Once we are out of this economic problem, we will have to address the lending standards that caused all this.”
I had to take some asprin after the speech.
“But survival in politics requires denying mistakes and sticking with the policies you advocated, while blaming others for the bad results.”
And by stating over and over and over that your policy failed because your opponents prevented enacting it to a “greater degree”. That degree is an abstract goal that can never be reached.
can’t figure out how to contact him with the trivia answer ...