Quote:
Originally Posted by Azure
Interesting 'opinion' from the WSJ.
Emphasis added.
http://online.wsj.com/article/SB123604419092515347.html
Like I said, big time failure by someone who trumped 'hope' as a campaign slogan for 2 years. According to the polls, the number of people who strongly disagree with him are rising, and his approval rating is starting to dip.
Might mean nothing, might mean something.
Doesn't mean Obama is fixing anything.
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That WSJ article is just one opinion.
They have no more answers than you or I on how to fix the financial system. Sure, letting it burn to the ground is probably the most efficient approach but the fallout effects are so dire that no politician, not Obama not even frickin an undead Lincoln, would go anywhere near.
The U.S. is married to this system and needs to save it despite itself. Blaming that Obama is just plain assinine.
With respect to his budget, he's using the crisis to put through long-held democratic policies. That's what politicians do. Never waste a good crisis. The Bush administration did the same thing after 9/11. From my vantage, that new spending is necessary and has been put off far too long.
All in all that's a poor article from WSJ.