...The session in the East Room came at a volatile moment for the new president as he sought to quell Democratic misgivings about his ambitious economic agenda and deflect strong Republican opposition...
Of course, what his detractors on the Left are saying isn't that his agenda is too ambitious, it's that it's not ambitious enough.
Krugman speaks for many. The plan is designed to simply blow more bubbles, not resolve the underlying insability. Sooner or later, real market values will assert themselves with a vengence no matter how much Uncle $ugar sweetens the toxic waste of the speculators. Under the Obama plan, they're trying to get the speculators back in the game to drive up market prices by backing the Big Shitpile with the United States Treasury.
All that's going to do is open the doors of the Treasury to the pirates. Wider.
The main$tream media tries to frame the issue to make it seem the Democrats are siding with the Republicans. Well, the DINOcrats might be. But most the rest of us simply want the government to call a zombie a zombie, give it a head shot, bury the waste, and set up shop until the system recovers enough for private sharholders to buy back the banks.
Anything else- like the Oborg plan- simply propagates the virus.
1 comment:
Thank you for your work...your blog is extensive and has an interesting perspective in that you are appear more adept with the breath of information available than most journalists...the comment on glyphosates, which drew me to the site, demonstrated a scholarship which I admired...I too have in my life time held science and the experiment as the true path...experiences with Tom Brown Jr awakened me to dimensions beyond the material...With all best wishes...BWS
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