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A Presidential Wake Up Call (Newsweek editorial hits the Pres)
Newsweek ^ | March 20 2009 | Eleanor Clift

Posted on 03/21/2009 1:29:27 PM PDT by lt.america

Who would have thought 55 days into this administration we would be asking the question, what did he know and when did he know it? Word that a provision in the stimulus bill gave the green light for AIG to hand out bonuses using taxpayer money sent the media bloodhounds hot on the trail of whoever is the culprit. For a time, it looked like Senate Banking chairman Chris Dodd would take the fall, but after 24 hours of twisting in the wind, Dodd said the change that exempted past agreements to pay bonuses was made at the request of the administration.

President Obama likes to remind voters that he inherited a mess, and that's true, but this one is of his own making. And until he comes up with a satisfactory explanation of who did what when, and why, his credibility will suffer. Forty-eight hours ago, I didn't think Treasury Secretary Tim Geithner was in trouble, but if the transaction with Dodd turns out to have Geithner's fingerprints on it, his job could be in jeopardy. The deadly chain of events may have started innocently enough, with Treasury Department lawyers raising questions about the government retroactively curtailing private-sector contracts, but did Dodd, who authored the restrictive language, capitulate to some Treasury flunky, or did someone more senior lean on him?

(Excerpt) Read more at newsweek.com ...


TOPICS: Editorial; Politics/Elections
KEYWORDS: aig; aigbonuses; amateurhour; bho44; bhotreasury; call; clift; muslim; obama; osama; up; wake
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My left flank is crumbling, my right is gone and I am buckling in the middle. What should I do; go on Leno and stick my foot in my mouth..Trying to put a military spin on Obama's last week, but I think this early into his administration to have something this big hitting cannot be good going into the 2010 election cycle.
1 posted on 03/21/2009 1:29:27 PM PDT by lt.america
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To: lt.america
President Obama likes to remind voters that he inherited a mess,

He inherited it alright. From Democrats.

2 posted on 03/21/2009 1:32:16 PM PDT by alrea (4% profit on a gallon of gas is obscene but over 15% tax isn't)
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To: lt.america

The country should wake up and arrive at the conviction that we are not going to let the Left take over.


3 posted on 03/21/2009 1:32:58 PM PDT by popdonnelly (I don't live my life to make liberals and leftists happy.)
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To: alrea

I love the smell of failure in the morning...


4 posted on 03/21/2009 1:36:29 PM PDT by UltraKonservativen (( YOU CAN'T FIX STUPID!!!))
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To: alrea
I think that the fact the Democrats could merely mention “Bush” and the general public would begin spitting and talking in tongues helped them sell the country on the economy being a Republican generated mess/scandal. I think after this week, Democrats may have to start answering the hard questions, which they do not want to do. Note how Barney Frank came out swinging this week. They are hoping the public does not wake up from its malaise.
5 posted on 03/21/2009 1:37:05 PM PDT by lt.america (Looking for a bailout)
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To: lt.america

If Eleanor Clift is piling on, he in big trouble.


6 posted on 03/21/2009 1:38:11 PM PDT by Rennes Templar
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To: lt.america

Left eating it’s own. Excellent.


7 posted on 03/21/2009 1:38:14 PM PDT by Drango (A liberal's compassion is limited only by the size of someone else's wallet.)
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To: alrea

Everything was going good until the dems took over in 2006 then downhill all the way.


8 posted on 03/21/2009 1:38:30 PM PDT by Unicorn (Too many wimps around.)
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To: lt.america

I think what Obama needs right now is a good, old fashioned military crisis. That would unite everyone behind him, put the AIG fiasco and all the other missteps in the past, and his handlers would make sure he looks like he’s got the Right Stuff. Watch for it....


9 posted on 03/21/2009 1:38:31 PM PDT by ChocChipCookie ("Let his days be few, and let another take his office." Psalm 109:8)
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To: lt.america

Oh to hear the words ‘hit the wall’ as Rahm responded to this one. . .


10 posted on 03/21/2009 1:39:15 PM PDT by cricket (NOOOOOOO to Serfdom. . .)
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To: lt.america
According to the facts available, the pencilneck in cheif is:

(a.)a Liar with evil intent

(b.)a sub special olympics level retard

(c.) all of the above

choose one

11 posted on 03/21/2009 1:39:18 PM PDT by KTM rider (the War On Terror has been superceeded by the War On Capitalism)
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To: lt.america; rabscuttle385

I like it.


12 posted on 03/21/2009 1:39:33 PM PDT by Ernest_at_the_Beach (What happened to my IRAs)
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To: lt.america
To use a military analogy Obama is running out of reserves.
13 posted on 03/21/2009 1:39:35 PM PDT by mainepatsfan
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To: UltraKonservativen
I especially like the fact that a lib magazine is pointing out what most of us were saying when this hit. Next I want to see some adds asking about what the pres knew and when did he know it and look into campaign donations to see if they are linked to this somehow. Guarantee Dodd is filthy with this (Geithner also) and it smells of scandal.
14 posted on 03/21/2009 1:39:55 PM PDT by lt.america (Looking for a bailout)
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To: popdonnelly

**The country should wake up and arrive at the conviction that we are not going to let the Left take over.**

Funny you should say this. I was thinking about donating to the Senate Committee.


15 posted on 03/21/2009 1:40:12 PM PDT by Salvation ( †With God all things are possible.†)
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To: Rennes Templar

**If Eleanor Clift is piling on, he in big trouble.**

Yes, LOL!


16 posted on 03/21/2009 1:40:59 PM PDT by Salvation ( †With God all things are possible.†)
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To: ChocChipCookie

Like Clinton bombing Bosnia to distract away from Monica...


17 posted on 03/21/2009 1:41:08 PM PDT by yldstrk (My heros have always been cowboys--Reagan and Bush)
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To: lt.america

This really surprises me. Newsweak [sic] is a shadow of a “news magazine” in that it always falls toward the left. It really is odious; it shows up in my mailbox weekly owing to my support of our local Public Radio (classical music) station. It goes pretty much directly from the mailbox to the out box.


18 posted on 03/21/2009 1:41:16 PM PDT by shotdog (I love my country; it's my government I'm afraid of.)
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To: lt.america

From Right Wing News )http://rightwingnews.com/#post14857):

“Some little boys denied taking the cookie; others, caught with their hands in the jar, insisted they were actually putting it back in. And got away with it. When the man from Hope, Arkansas showed us how that was done, we were impressed. The one who sits in our White House right now, though can change the subject around mouthfuls of cookie. You just stand there and think ‘damn, I can’t remember what I wanted to talk to him about, but what he’s talking about sure sounds important...wish I hadn’t bothered him while he was in the middle of eating something.’”


19 posted on 03/21/2009 1:41:25 PM PDT by Tom D. (Beer is proof that God loves us and wants us to be happy. - Benj. Franklin)
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To: alrea
He inherited it alright. From Democrats

Cannot be stated often enough. . .but oddly, we are not often reminded.

That said; this blast from Newsweek may be the best news. Maybe there IS hope. . .

20 posted on 03/21/2009 1:41:49 PM PDT by cricket (NOOOOOOO to Serfdom. . .)
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