Borger: Obama takes ownership of the economy - CNN.com
Man, this BO guy is really something. Larry Summers was secretary of the treasury under Slick Willie, and then went off to be president of Harvard, but had to resign in "lefty disgrace" because he made politically incorrect remarks. So when BO the savior appoints a person to something, apparently even all past lefty sins are forgiven!
Tim Geithner started his career at Kissinger and associates and has recently been on the Federal Open Market Committee which is chaired by the Fed Reserve Chair, Ben Bernanke. He certainly worked as part of the BUSH administration on bailing out AIG and Bear Stearns, and not bailing outLehmann Brothers (and I suppose now bailing out Citi). How can a smart guy like that we working with the worst president ever, BUSH??? One would think that leftys would see him as having horrible judgement, but again, one he is appointed to treasury by BO, he is "redeemed".
The GREATEST slight of hand is here:
WOW, now "delaying the repeal of tax cuts" is something that is a "good sign" to a lefty? How can that be? If it is bad to raise taxes when the economy is bad, how can it be good to raise them when it is good? Isn't a delay and admission that taxes remove funds from the economy that can be better allocated by market forces to allow the economy to grow and that doing it when the economy is growing just reduces growth by some value related to the size of the tax increase? If there was such a thing as "consistency", one would think that all the people that have gone beserk over the past 7 years on those HORRIBLE "Bush tax give-aways for the wealthy" would be simply apocoleptic and the idea that their knight in shining armor would delay their repeal due to a poor economy!
Again, if one thought there ever were any consistency on the left, they are probably so fart out to lunch that this whole thing is simply invisible.
Man, this BO guy is really something. Larry Summers was secretary of the treasury under Slick Willie, and then went off to be president of Harvard, but had to resign in "lefty disgrace" because he made politically incorrect remarks. So when BO the savior appoints a person to something, apparently even all past lefty sins are forgiven!
Tim Geithner started his career at Kissinger and associates and has recently been on the Federal Open Market Committee which is chaired by the Fed Reserve Chair, Ben Bernanke. He certainly worked as part of the BUSH administration on bailing out AIG and Bear Stearns, and not bailing outLehmann Brothers (and I suppose now bailing out Citi). How can a smart guy like that we working with the worst president ever, BUSH??? One would think that leftys would see him as having horrible judgement, but again, one he is appointed to treasury by BO, he is "redeemed".
The GREATEST slight of hand is here:
Not only is there a team, but there's also a plan.
It's a
stimulus package with a price tag that could total as much as $700
billion over the next two years. It's as much as Congress allowed for
the Wall Street bailout, and more than we've spent in Iraq. The
incoming administration is also sending clear signals that it could
delay its promise to repeal President Bush's tax cuts for the wealthy.
WOW, now "delaying the repeal of tax cuts" is something that is a "good sign" to a lefty? How can that be? If it is bad to raise taxes when the economy is bad, how can it be good to raise them when it is good? Isn't a delay and admission that taxes remove funds from the economy that can be better allocated by market forces to allow the economy to grow and that doing it when the economy is growing just reduces growth by some value related to the size of the tax increase? If there was such a thing as "consistency", one would think that all the people that have gone beserk over the past 7 years on those HORRIBLE "Bush tax give-aways for the wealthy" would be simply apocoleptic and the idea that their knight in shining armor would delay their repeal due to a poor economy!
Again, if one thought there ever were any consistency on the left, they are probably so fart out to lunch that this whole thing is simply invisible.
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