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The Mask Removed
Obama revealed.
Money Q:
Money Q:
This is not merely the rejection of "trickle-down economics," it is a weakening of the theoretical basis for capitalism -- that free individuals are generally more rational and efficient in making investment decisions than are government planners.
posted by Spencerblog at
7:00 AM
9 Comments:
As todays Times editorial pointed out, Obama has only been in office for 6 weeks. Amazing how after only 6 weeks, you can google "Obama fails" and find 5,490,000 results!
Never mind that Obama has a huge stake in the end result. Two daughters who will be here long after Obama is out of office. These people want us to believe that Obama has an agenda. To destroy America. After all, his middle name is Hussein, isn't it?
Spencer-
You are way off base here.
First of all, Alan Greenspan himself rejected his own previous philosophy that the financial industry could self-regulate.
Second, the article claims "But governments do not "invest," they spend."
Education, research grants, weather satellites, interstate road construction, etc. are all investments in the future.
Third, individuals don't decide which roads, bridges and schools to build. These decisions are made at the government level and paid for with taxes.
1/20/13! No-bama
e - Thanks for the insight.
yes, Bob, I should have listened to Rush and Hannity who constantly mentioned "Hussein' in his name during the election. It's clear that anyone with "Hussein" in their name - regardless of being named after his father who was in no way a part of his life - wants to destroy America. Modern day version of John Quincy Adams calling Andrew Jackson's wife a whore.
The problem with government spending is that government fails to spend in the appropriate areas. The bill was dedicated to so many pet projects and programs that won't benefit the average joe in the least bit. I don't envision the president putting on a few thousand hats to ensure that his bill is spent in the right areas.
Steve - No doubt this is a tough one. And one mans pork is another mans gravy. Bobby Jindal's reply is a perfect example of wht Im talking about. He complained about volcano monitoring. Volcanos dont affect him, Yet he supports weather monitoring to keep his state safe. He complained about the mass transit portion (train to Disney) and then said he needs money for rail in Louisiana. In other words, its only pork if it doesn't directly affect people in his state.
Steve - The other thing that I dont get is why big business isn't getting behind some form of socialized health care. They say one of the things that hurts big business, the auto industry for example, is having to pay for their employees health care. They say this prevents them from being competative. Wouldn't the auto industry benefit if they didnt have to worry about health insurance?
Sorry Bob. It's just been getting a little dry around here since you democrats took over. You guys are all serious now and switched from criticizing everything the president does to defending everything the president does, even though the country is getting worse each day. It went from "everything bad that happens is the president's fault" to "nothing is the president's fault".
I can see why you guys acted like that though... it is kind of fun to stand on the sidelines and take pop-shots at the other teams guy when he's in office no matter how irrational they may be.
e - apology accepted. But you said we are "defending everything the president does". Go back and read my commentss about Geithner. I was critical of Obama over that appointment. And Obama himself has already admitted that he screwed up with Daschle.
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