...and a big hello to my new found friends at Margaret and Helen's place. Go visit. To say this blog is unique is an understatement. And a hat tip to Nomi for linking me in comments.
Friday, February 13, 2009
Best In Show
...and a big hello to my new found friends at Margaret and Helen's place. Go visit. To say this blog is unique is an understatement. And a hat tip to Nomi for linking me in comments.
Nobody Asked Me, But...
Thursday, February 12, 2009
Sully Sense
Truly, this is intriguing:
It gets clearer. When Judd Gregg approached the Obama administration to see if he could be a part of it, he was assuming that his own party wasn't going to adopt a policy of total warfare against the newly elected president in a time of enormous economic peril. Between that moment and the current all-out ideological assault on Obama, his position became untenable. His recusal on the stimulus package provoked fury at home ... and dyspepsia among the GOP who are intent on responding to an open hand with a clenched fist.
First, who could have figured Andrew Sullivan to be a voice of reason? But I digress...
More important, Gregg appears, as Sullivan points out, to be the latest victim of this right-wing hit on anything that smacks of bipartisanship. I'd like to think we've gotten past all this, that the GOP has moved onto bargaining in the Kubler-Ross model, but apparently there's enough stench and decay from the De Lay days that there may be a complete sweep required of the old line of thinking.
People who believed America was greater than it can yet be need to be, um, retooled and repurposed. We need help, not harangues.
It Would Be So Nice If You Weren't Here
So, President Obama phoned the Senate GOP sellouts Susan Collins, Olympia Snowe, and Arlen Specter and praised them Friday night for showing their "patriotism" by cutting a trillion-dollar, backroom deal to mortgage our children and grandchildren's future.
If that is "patriotism," then I'm proud to be an unpatriot.
Wednesday, February 11, 2009
Howie, Howie, Howie....
I'm not an economist, but when Tim Geithner unveils his long-awaited bailout plan and the Dow plunges nearly 400 points, that's probably not a good sign.
The president told ABC's Terry Moran that Wall Street wants a magic bullet, a painless solution. That may be right, and it ain't gonna happen. Too many financial institutions made too many bad decisions and are in too deep a hole. You can't print enough dollars to make up all the losses.
Tuesday, February 10, 2009
Speaking Truth To Power
Warning that a failure to act "could turn a crisis into a catastrophe," Mr. Obama used his presidential platform — a prime-time news conference, the first of his presidency, in the grand setting of the White House East Room — to address head on the concerns about his approach, which has by and large failed to win the Republican support he sought.
"The plan is not perfect," Mr. Obama said in an eight-minute speech before taking reporters' questions. "No plan is. I can't tell you for sure that everything in this plan will work exactly as we hope, but I can tell you with complete confidence that a failure to act will only deepen this crisis."
It is absolutely true that we can't depend on government alone to create jobs or economic growth. That is and must be the role of the private sector. But at this particular moment, with the private sector so weakened by this recession, the federal government is the only entity left with the resources to jolt our economy back into life. It is only government that can break the vicious cycle where lost jobs lead to people spending less money, which leads to even more layoffs. And breaking that cycle is exactly what the plan that's moving through Congress is designed to do.
Monday, February 09, 2009
Tilting At Windmills
Three months after their Election Day drubbing, Republican leaders see glimmers of rebirth in the party's liberation from an unpopular president, its selection of its first African American chairman and, most of all, its stand against a stimulus package that they are increasingly confident will provide little economic jolt but will pay off politically for those who oppose it.
After giving the package zero votes in the House, and 0with their counterparts in the Senate likely to provide in a crucial procedural vote today only the handful of votes needed to avoid a filibuster, Republicans are relishing the opportunity to make a big statement. Rep. Pete Sessions (R-Tex.) suggested last week that the party is learning from the disruptive tactics of the Taliban, and the GOP these days does have the bravado of an insurgent band that has pulled together after a big defeat to carry off a quick, if not particularly damaging, raid on the powers that be.
Republicans are holding congressional Democrats responsible for the wasteful spending they say is in the stimulus package, even though most of the big-ticket items -- for renewable energy, health care and schools -- are ones that Obama wanted in the package to advance his long-term goals.
For a while, the president did not exactly resist this tack, leaving the impression that the bill is mainly a congressional creation, but he started to defend it more vigorously last week. It is a triangulation of sorts, with Republicans hoping to drive a wedge between congressional Democrats and Obama.
"The president has done a good job reaching out to Republicans, and he has said he wants to approach this crisis . . . on a bipartisan basis. That's good, and we're willing to work with him on that. But this bill is not the president's bipartisan plan," Sen. John Cornyn (R-Tex.) said yesterday on "Fox News Sunday."