The Press- They Still Don't Get It

David E. Sanger, in the New York Times today, about Obama's decisive actions this week, and his success in passing a meaningful, if weak, financial reform bill:


"This is a clear respite from the theme that Obama had lost control," said David Rothkopf, a former Clinton administration official..."He sent a loud and clear message to the generals about who is in charge. And he has engineered a pivot-point in U.S. economic history, an end, or at least a big change, to the ‘leave it to the markets’ era."

Are you kidding me, David? Do you honestly think that any success that Obama has will ever turn off the Conservative screams that he is an incompetent, corrupt fool? What planet have you been living on the last few decades?

Nothing will turn off their lies and their smears, and the better Obama does, the louder the lies will be.

If you haven't figured that out by now, maybe you'd better get a job delivering pizzas. Of course, maybe you've just taken the lesson of David Weigel to heart (see below) and you know that keeping your job depends on not noticing the abominations that the Republican party cooks up every day.

Comments

Leslie Parsley said…
Wishful thinking maybe? Or just misguided.
That Keynesian strategy is working really well for America/Europe. What was this years first quarter GDP growth?
Green Eagle said…
Derek, the governent's adherence to the Keynsian strategy, insofar as it was ever practiced in this country, came to an end during the corrupt reign of the criminal Reagan. You conservatives-YOU,YOU,YOU! are responsible, via your idiotic free market ideology, which was nothing but a fraud designed to justify the plundering of our economy by the rich, for the economic disasters we are facing now. Bush did everything "conservatives" always do: scream about fiscal responsibility when someone else is in power, so there will be that much more to plunder when they con people into letting them take control. The two eras of conservative dominance of our economy- from Taft to Hoover, and from Reagan to Bush II, have both ended in depression.

Like all conservatives, you will never take responsibility for the results of your actions, and are going to continue the patently absurd practice of blaming Obama for something that was generated during six years of conservatives running wild in Washhington, long before Obama had any influence on anything.
Derek said…
Read up on Keynesian economics, as you clearly cannot identify it correctly. The massive spending pushed by Obama and the Democrats is motivated by the left's full trust in Keynesian economics.

We have been over what has caused the recession, and the best you have ever given me as a cause was "the rich had too much money". And if you wanted to play the "who's in office" game, the economy was fine with the Republicans and only faltered when the Democrats took Congress in 2007.
Green Eagle said…
"The massive spending pushed by Obama and the Democrats is motivated by the left's full trust in Keynesian economics."

And it worked, as all the evidence proved. The only problem was that it needed to be a lot bigger, but Republicans like you saw to it that wasn't enough.

"And if you wanted to play the "who's in office" game, the economy was fine with the Republicans and only faltered when the Democrats took Congress in 2007."

So, between January, 2007 and spring 2008, when the economy began its real collapse, the Democrats managed to totally destroy the economy. Derek, you don't even believe that crap yourself. It took conservative economic policy during the entire Reagan and Bush I and II eras to do that, and although Clinton improved thing a lot, it wasn't enough to prevent the Republican vermin from chewing our economy to a pulp.
Poll P. said…
Where did Derek get brainwashed, do you think? His parents, Fox News, Rush Limbaugh? Or did he grow up in the Texas school system, and be protected from real facts? His 'reasoning' is so dishonest, that I can't believe he really knows how to reason.
Derek said…
"And it worked, as all the evidence proved."

Again, look at the first quarter GDP growth. Look at unemployment, look at the housing/lending market. It hasn't worked.

"The only problem was that it needed to be a lot bigger"

Because a couple trillion dollars isn't enough? No, the problem is that unemployment was not high enough for the multiplier to exceed 1. The only time any form of Keynesian economics worked was during WWII when unemployment was still around 20%.

"the Democrats managed to totally destroy the economy."

No, obviously not. But this is the same game you play. You say the Republicans were in office and therefore are to blame without looking at the legislation that sparked this mess. The Housing Reregulatory Act of 2006, sponsored by Republicans, would have at least helped put an end to the risky lending, but Democrats threatened to filibuster. Ever wonder why Democrats received so many campaign donations from Fannie+Freddie and the like?

"His 'reasoning' is so dishonest, that I can't believe he really knows how to reason."

Pray tell how my sweet? Saying I am dishonest without pointing out where I went wrong is either dishonesty or cowardice. Or both.

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