“Part of the reason we don’t spend a lot of time looking at blogs,” he said, “is because if you haven’t looked at it very carefully, then you may be under the impression that somehow there’s a clean answer one way or another — well, you just nationalize all the banks, or you just leave them alone and they’ll be fine.”And that's that.
Next question: Why won't the administration pursue single-payer health insurance -- even though, for the first time in our country's history, that goal may be politically do-able? From the most recent press briefing on the subject:
The President doesn't believe that's the best way to achieve the goal of cutting costs and increasing access.And that's that.
You wanna know why? Fuck you and shut up. That's why.
8 comments:
Dare I say it? Because, "He's the Decider!"
So much for the BS the Obots media paraded about his careful listening to all sides, etc.
It's painfully apparently he only listens to those to the right and not the left.
In any normal circumstance the word Nationalization to me would be comforting. Because it means in it's classic definition public ownership. I am cool with that. But listening to those guys who are advocating for it now, it simply means taking the bad assets of the banks clean it up at the public's expense then give it back to them when it is solvent again. That I don't like.
Anonymous - you have it exactly backwards. Without nationalization, all we do is bail them out and get nothing in return. No ownership. Nothing. With nationalization, we wind up owning a chunk of the banks after we have put them back up on their feet. At least, according to Krugman and ever other economist who accurately predicted publicly what we are going through now.
Can you show me anyone of note making the claim that you are?
Obama says nothing better than anyone
If Obama nationalized the banks, wouldn't he have to staff them? You really sure you wanna go there?
Or, as Ring Lardner might have put it, "'Shut up,' Obama explained."
Nationalization would be unfortunate for the President. Once the FDIC audits and FBI interviews started his best campaign supporters would be headed for jail. Where would the 2012 campaign funds come from I ask you?
As W already splained it to us, part of being the Decider is not to have to explain why he makes certain decisions. That's the business of the media after all.
Like New York Times does with his keeping the signature statements: This is Obama after all, how can anything go wrong?
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