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 ...
In the history of our Republic there has not been a President who has meddled more and has been seeking to destroy everything great we have done and created in the last 233 years, no one can even come close.
Sell you magic carpet rides to the gullible.
The reporter must have suffocated during that story’s preparation.
. . .'pants on fire' Obama. . .(or; while he might 'like it'; it is not in the cards per his Agenda.)When Obama 'gives'with his right hand; be assured the 'left hand' is already in motion taking it away. . .
What is scary; is Obama making 'decisions' that seem to deny the 'fact that'. . .one day; in the not so distant future; he SHOULD be; a private citizen.
All to say; am quite certain; that Obama, rightly or wrongly; believes he will be a 'Dear Leader' for a very long time.
“I think the irony is that I actually would like to see a relatively light touch when it comes to the government,”
Liar!
Inspector General Gerald Walpin says, "Amen, bro!"
Obama Fires a Watchdog (the curious case of a fired investigator)
We saw that when he fired the IG who was investigating his friend.
he better aspire to an understanding of history, the dimwit
This is the equivalent of Obama looking straight at Americans as he said this, with the unsaid words behind his twinkling and malevolent eyes:
"Just bend over, America, and get ready to..."
Ha...he said IRON-y.
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