My feelings Stavros.
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My feelings Stavros.
When solitude is torture
by: George F. Will
http://www.washingtonpost.com/opinio...0da_story.html
Point by point.Quote:
Originally Posted by beandip
Obama's winning a Nobel Peace Prize for speech making alone tells us just how f'ing bad Bush-Cheney were viewed by the rest of the world.
Gitmo. Sadly Cheney was right, once you created that monster there was no way to put the genie back in the bottle.
Bush's TARP was the most correct thing he did, the world economy was going to collapse and TARP slowed the crash to a extreme decline. The Obama adminstration not jailing a few banksters was bad, is bad.
Stimulus is good. Basic economics dictate that when interest is at less than 1% and the private sector in an economy dominated by consumer activity is stalled, you stimulate that economy.
And since the extremely wealthy never create jobs unless there is demand it is simplistic to think keeping their taxes artifically low to create jobs is naive, you tax them to reduce the debt on stimulus. The Republicans are so wrong on this issue and their Tea Party allies are out of touch.
The US has crumbling infrastructure, out of control medical expenditure with far too many uncovered, spends way too much on a conventional military with no rival in sight and continues to ignore that our strength is derived both from our diversity and the education of our next generation.
Back to the banks. They are too big to fail and there for should be broken up. The economies of scale they offer the market are out weighed by the risk of their failing to do due dilligence and causing the kind of economic implosion they did in 08-09 and the need for ordinary citizens to bail them out.
To date the banksters have had a friend in the White House and the rest of the world. Nobody has suggested breaking any of these banks (not all US BTW) to broken into smaller operating units.
Obama is not the perfect leader by any means. In fact you make the very arguments that make me laugh when his detractors call him a socialist, radical leader. This guy is more conservative than Richard Nixon and more willing to take "real" first strike action than the chicken hawk neo-cons.
He is far from the ideal progressive candidate but he has been the best alternative America has had to offer its people in the last two election cycles.
The progressive in the US see every parallel you see IMHO, they just don't see Mitt Romney and Rand Paul as real alternatives.