On Tue, Mar 3, 2009 at 7:51 PM, Charles Bennett <[email protected]> wrote: > > On Mar 3, 2009, at 12:02 PM, Mark Smith wrote: > >> On Tue, Mar 3, 2009 at 5:42 PM, Charles Bennett <[email protected]> >> wrote:
>>> He is dead on. We have pissed away 150 Billion giving AIG bailout >>> money but that is going to end up being chump change before Obama is >>> done. >> >> I agree with you (horror) that these bailouts are a grave mistake. >> >> However, instead of just stating that, you have to turn it into a >> tirade against Obama, because he humiliated your preferred party. [...] > McRino *might* have been a little better at not sticking his foot in > his mouth, since he has more years of politician speak but > the run up to this has been years in the making and Obama really > didn't play much of a role in getting here. He is just a plain old > Chicago machine Politician with a real gift for speaking.. He's more than that, but you are right to a certain extent. He has no magic solution for the disaster that his predecessors produced. >> that did absolutely nothing >> about it until it went super-critical and *then* set about doing >> exactly that for which you are criticising Obama. > > My rant against Obama is NOT for how we got here but where he wants us > to go... I don't have a problem with where he wants to go, but rather I'm (remotely) concerned about how he is dealing with certain shorter-term emergencies. There is no doubt in my mind whatsoever, that the current admin had much better ideas for how to spend and distribute money than throwing heaps of it at corrupt and incompetent behemoths in the worlds of finance and car manufacturing. The point we seem to agree on is that despite the sort term agony, it *probably* makes more sense to let these banks and car companies go under than to throw billions at them and merely delay the agony. There are enough decent banks around to pick up the pieces and the US won't be the first major country to have totally lost a car industry because they thought the public would continue to pay over the odds for shitty :home made" cars until the cows come home. However, this has liittle to do with naivety. Do you really think the repubs, or any other party would act differently under the current circumstances ? The repubs are at least philosophically worse, because their motivation is not saving jobs, or helping poor families, but rather continuing to line the pockets of the rich. _______________________________________________ OSX-Nutters mailing list | [email protected] http://lists.tit-wank.com/mailman/listinfo/osx-nutters List hosted at http://cat5.org/
