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Here is a wild proposition, one that many who obsessively follow politics did not expect to entertain before Memorial Day. What if Barack Obama is not a tone-deaf big spender who misread the public on large-scale government reform such as health care, but is, instead, what he has always been: a smart, steady, and unobtrusively savvy politician whose long-term bets (his first being winning the presidency itself) are well--considered? Only a few months ago it was, as Republican House leader John Boehner put it, Armageddon on the Potomac, and Obama and the Democrats were to be the chief victims of the furies. I am mixing Christian and pagan imagery, but you get the point.
The party ain't over yet...we've pledged billions to the IMF for sovereign bailouts.
The Euro is about to hit a 4 year low. Too many countries can't pay their bills now.
Do you really think we're out of the woods on this ?
We've got a debt bubble now and it's growing by the hundreds of billions. What happens when that bubble bursts ?
Last edited by HappyTexan; 05-17-2010 at 06:30 AM..
The party ain't over yet...we've pledged billions to the IMF for sovereign bailouts.
The Euro is about to hit a 4 year low. Too many countries can't pay their bills now.
Do you really think we're out of the woods on this ?
We've got a debt bubbble now and it's growing by the hundreds of billions. What happens when that bubble bursts ?
No, we are not out of the woods. You do not come out of the worst recession in a generation quickly.
Here is a wild proposition, one that many who obsessively follow politics did not expect to entertain before Memorial Day. What if Barack Obama is not a tone-deaf big spender who misread the public on large-scale government reform such as health care, but is, instead, what he has always been: a smart, steady, and unobtrusively savvy politician whose long-term bets (his first being winning the presidency itself) are well--considered? Only a few months ago it was, as Republican House leader John Boehner put it, Armageddon on the Potomac, and Obama and the Democrats were to be the chief victims of the furies. I am mixing Christian and pagan imagery, but you get the point.
The party ain't over yet...we've pledged billions to the IMF for sovereign bailouts.
The Euro is about to hit a 4 year low. Too many countries can't pay their bills now.
Do you really think we're out of the woods on this ?
We've got a debt bubbble now and it's growing by the hundreds of billions. What happens when that bubble bursts ?
No, we are not out of the woods yet, but we are moving there. In Nov, it is very possible the electorate will recognize that, and want to continue. The President is getting more and more involved in Congress, and that is desperately needed.
Wait now! Newsweek - isn't that the 70+ year old magazine that the WaPo is selling because of lack of readership?
Meachum - isn't that the guy who took the magazine on a left-leaning ride that has resulted in disaster?
Yeah - credibility, zero, circling the drain.
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