Sunday, March 22, 2009

Liberal writers complain about Obama

Uh-oh. Several liberal columnists have begun to find fault with President Obama, his people and his policies. The Sunday newspapers were filled with tough questions being asked by Obama’s friends in the press.

That didn’t take long.

The headline on Frank Rich’s column in the Sunday NY Times was stark: “Has a ‘Katrina Moment’ Arrived?” AIG, of course, being the current watershed moment.

Most of their ire is aimed at Larry Summers and Timothy Geithner and the way they are handling AIG bonus money, bank bailouts and the economy. What a mess. Transparency? Not much. Sen. Dodd’s skulk amendment to save the AIG bonus plan really stinks. How much money did AIG contribute to his campaign? To Obama?

For the record, I voted for Obama. And would again. But I find Summers arrogant and Geithner ineffective.

Geithner’s and Summers’ pedigree makes them suspect. Both are Wall Street grads. Their professional history clouds their vision, damages their hearing, hurts their understanding. Replace them both. Stop writing bail-out checks, too.

Meanwhile, the populist anger is reaching dangerous levels. Our president needs to forget the politics and go straight to the economic solutions. Fix the economy and politics will fix itself.

Obama just might get it. Hope so.

But I don’t think the shrinking Republicans in congress ever will. Not the way they vote in lock-step.


Anonymous said...

This reminds me of back in the campaign (early September) when all the supporters were screaming at Obama to change campaign tactics against Palin. No one is patient anymore .... sorry but I think that this takes time. To find a policy that might work, there's got to be a lot of sophisticated economic modeling going it. You can't do that overnight. Sharon

The South Plainsman said...

I feel sorry for the guy. Definitely out of his depth.

But we have nobody else, so I hope he can come back.

Some do and some don't.

First thing is to stop the bailouts.

Second, and equally important, is to stop borrowing money. We cannot cure a problem caused by too much debt by adding to it.

I am not hopeful.

But we need somebody to lead.

Who will do it?

Anonymous said...

Summers and the other guy bother me. And Obama stands by he should until it is hopeless. Friedman doesn't like this latest plan...I guess FDR had some of the same problems. One thing never changes..Repubs don't want to do anything for anyone other than themsevles. And the Swedes are not planning to save Saab...they now have a "Republican" administration. Bill

The South Plainsman said...

Bill, all you have to do is look in the top ten contributors to Obama's campaign (and McCain's). You will see the names of many of the institutions that are getting bailed out, as well as others that are benefitting therefrom.

It is no wonder that in any administration the folks that handle the money come from that group.

I call it The Golden Rule: them that has the gold, rule.

Anonymous said...

The Republicans vote in lock step??? Gee I'm sure glad that the Dems have never done that!! This is not what I expect from a President,regardless how long he's been in office.
He wasn't qualified in November and he has certainly proven that he is not qualified now.--Goose

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