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Obama Aspires to a 'Light Touch,' Not a Heavy Hand
Wall Street Journal ^

Posted on 06/16/2009 5:19:08 PM PDT by Sub-Driver

Obama Aspires to a 'Light Touch,' Not a Heavy Hand

By GERALD F. SEIB

As he prepares to release the most extensive proposals to change financial regulations since the 1930s, President Barack Obama is a bit anxious.

Anxious, that is, for people -- and specifically for his conservative critics -- to know he isn't the heavy-handed meddler some suspect.

"I think the irony is that I actually would like to see a relatively light touch when it comes to the government," he said Tuesday in a White House interview.

It is a counterintuitive argument to make when his government is a majority shareholder of General Motors, and when he will propose Wednesday new oversight of big financial institutions, new capital requirements for banks and a new consumer-protection agency for small investors.

Which is precisely why Mr. Obama went to great pains to explain that there is a philosophy behind the changes he is about to propose to the nation's financial plumbing. Indeed, he says, it is the same philosophy that applies to his broader view of the government's role in the economy:

"You set up some rules of the road, ensure transparency and openness, guard against huge systemic risk that will lead...government potentially having to step in to avoid a depression, and then let entrepreneurs and individual businesses compete and do what they do.

"And so it's puzzling to me sometimes to hear the standard conservative critique of what we're doing, when essentially every step we're taking involves cleaning up the mess that we found when we arrived here at 1600 Pennsylvania Avenue."

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: agenda; bho44; seib; socialists
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I give up.....
1 posted on 06/16/2009 5:19:08 PM PDT by Sub-Driver
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To: Sub-Driver

BWAHAHAHAHAAHAHAHAHAHA!


2 posted on 06/16/2009 5:19:52 PM PDT by rom (Obama '12 slogan: Let's keep on hopin'!)
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To: Sub-Driver

He’s saving the “Heavy hand” for the repression of his opposition.


3 posted on 06/16/2009 5:21:26 PM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: Sub-Driver

SAYIN’ ONE THING WHILE DOIN’ ANOTHER.

Typical Marxist ploy.

What a tool.


4 posted on 06/16/2009 5:21:56 PM PDT by 43north (11.04.08: the day America committed voluntary suicide)
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To: Sub-Driver

A kinder gentler fascism.


5 posted on 06/16/2009 5:22:30 PM PDT by SpaceBar
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To: Sub-Driver

Impeach him NOW. If he doesn’t get impeached, vote him out in 2012!!!


6 posted on 06/16/2009 5:22:51 PM PDT by LottieDah (If only those who speak so eloquently on the rights of animals would do so on behalf the unborn)
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To: Sub-Driver

A certain European leader, began with tentative ‘light’, unsure touches, and, unopposed, rose to become something of a challenge for the planet. Do not be assured by a light touch which moves to heavy petting and final assault. Political narcissism has a sexual component to it.


7 posted on 06/16/2009 5:23:43 PM PDT by givemELL (Does Taiwan Meet the Criteria to Qualify as an "Overseas Territory of the United States"? by Richar)
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To: Sub-Driver
"I think the irony is that I actually would like to see a relatively light touch when it comes to the government," he said Tuesday in a White House interview."

OMG........he really does think the American people on the whole are STUUUUUPPIIIIDDD....well, he may be right.

8 posted on 06/16/2009 5:24:06 PM PDT by goodnesswins (For lease)
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To: Sub-Driver
I give up.....

That's exactly what this tactic is meant to accomplish.

9 posted on 06/16/2009 5:24:19 PM PDT by Talisker (When you find a turtle on top of a fence post, you can be damn sure it didn't get there on it's own.)
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To: Sub-Driver

DON’T GIVE UP....that’s what they want you to do!


10 posted on 06/16/2009 5:24:57 PM PDT by goodnesswins (For lease)
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To: Sub-Driver

Wait until people start disappearing.....


11 posted on 06/16/2009 5:25:10 PM PDT by TruthConquers (Delendae sunt publici scholae)
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To: Sub-Driver

Light Touch’? Oh, you mean how he treats his fellow Mooslum terrorists, right?


12 posted on 06/16/2009 5:25:44 PM PDT by max americana
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To: Sub-Driver

Horse crap, he has his Chicago mafia do the kneecapping.


13 posted on 06/16/2009 5:27:10 PM PDT by dforest (Anyone dumb enough to have voted for him deserves what they get.. No Pity!)
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To: Sub-Driver
I didn't know that an iron fist had a light touch.
14 posted on 06/16/2009 5:27:49 PM PDT by KarlInOhio (Fannie Mae, Freddie Mac, AIG, Chrysler and GM are what Marx meant by the means of production.)
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To: Sub-Driver
Too late...
15 posted on 06/16/2009 5:28:55 PM PDT by Churchillspirit
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To: Sub-Driver

“I think the irony is that I actually would like to see a relatively light touch when it comes to the government” equals “Nice little place you got here. Be a shame if something were to happen to it.”


16 posted on 06/16/2009 5:29:31 PM PDT by Larry Lucido
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To: Sub-Driver

Obama’s aspirations perhaps, a ‘Zen koan’. . .when is ‘light’ heavy; heavy ‘light’?


17 posted on 06/16/2009 5:29:42 PM PDT by cricket ('Don't bow for me . . Obama ' (America's 'sorry' President))
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To: KarlInOhio

i think the saying goes “iron fist in a velvet glove”


18 posted on 06/16/2009 5:30:42 PM PDT by MissDairyGoodnessVT (Mac Conchradha - "Skeagh mac en chroe"- Skaghvicencrowe)
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To: SpaceBar
A kinder gentler fascism.

Yes. . .only one hand - with brass knuckles. . .

19 posted on 06/16/2009 5:30:56 PM PDT by cricket ('Don't bow for me . . Obama ' (America's 'sorry' President))
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To: Sub-Driver

He just took over GM, for cryin' out loud!


20 posted on 06/16/2009 5:31:41 PM PDT by Jeff Chandler (The University of Notre Dame's motto: "Kill our unborn children? YES WE CAN!")
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