Posted on 03/22/2009 3:39:39 AM PDT by Zakeet
A Charming visit with Jay Leno won’t fix it. A 90 percent tax on bankers’ bonuses won’t fix it. Firing Timothy Geithner won’t 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.”
[Snip]
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?
That’s just a short list.
(Excerpt) Read more at nytimes.com ...
You could have a parrot recite 0bama's full arsenal of policy smarts "Awwwkk. Tax and spend. Tax and spend. Regulate. Natonalize. Capitalism is evil. Awwwkk"
It's also very important to tell friends and neighbors about all the Tea Parties going on across the country, pointing out especially how little mainstream media attention they are getting.
This clearly points out the connctions and the corruption of the LIBERAL/MEDIA complex.
Having an affirmative action Presidency is like going to an affirmative action ophthalmologist for eye surgery. Either one is about as much fun as sharp stick in the eye.
Barack Obama will go down as the worst President in US history.
Nah, this is a chance for the Times to redeem themselves to the American public. To be more ‘credible’ and ‘unbiased.’
Not a peep of dispute here. I believe he's already on track.
From your lips to God’s ears!
Absolutely.
He's not a fool, but he is VERY NARROW.
MeMeMeMe, a perfect example
It’s an OPINION piece.
My media hero is Mark Levin, and he will most likely stay that way.”
***
Levin is awesome, and i am still excited at having met him yesterday at his book signing.
Are stewart’s ratings that high?
Quite possible...
As the nation’s anger rose last week, the president took responsibility for what’s happening on his watch — more than he needed to, given the disaster he inherited. But in the credit mess, action must match words. To fall short would be to deliver us into the catastrophic hands of a Republican opposition whose only known economic program is to reject job-creating stimulus spending and root for Obama and, by extension, the country to fail. With all due deference to Ponzi schemers from Madoff to A.I.G., this would be the biggest outrage of them all.
The last paragraph of the opinion clearly shows where there bias lies...
ping
I can't stand most of them and their Obama cult.
In the DBM/dems dream world they fell for a faux HOPE and CHANGE and some half black dude out of false guilt. In two years, or probably sooner from the way things are going, these same idiotic dumb ass children will be screaming for real CHANGE!
Will conservative republicans be smart enough to take advantage of the opportunity which awaits them?
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