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Paul Krugman Points To Obama’s Timidity

Like Martin Wolf of the Financial Times — as you’ll see in my recent article, “The economy: Scarier than we thought, and Obama’s plans are too timid to fix it(to which Larry Johnson added his invariably sage commentary in an update) — Krugman points out that Obama’s plans are simply not big enough. By the way, Obama’s “caution” (as the media like to call it) is in actuality timidity that can be chalked up to the fact that he has NO SKILLS OR KNOWLEDGE to construct a plan that lets him dive in, and is thus so terrified — really terrified — that he’s daintily toe-dipping right now. When you don’t know what you’re doing, you cannot be bold and decisive. Since Obama has no experience or expertise in economics or government planning, he cannot be bold and decisive. And now, here’s Paul:


In case you missed it, you simply MUST catch Reverend Amy’s exceptional article, “Charles and Paul On The Economy.” (That would be Charles Krauthammer, of the Washington Post, and Paul Krugman, of the New York Times.)

Then there’s LisaB’s follow-up piece, “Krauthammer, Krugman, now Samuelson, Oh, My!” — in which LisaB points out that Newsweek’s Robert J. Samuelson is chiming in.

I’m sure Obama will get it.

Any day now.

One of these months.

Maybe next year.

When half the population is out of work.

And all of our cupboards are bare.

Not to be dramatic about it.

But one does have to LEAD.

If one is president.

Or so I’m told.

Where did Harry say that buck should go?

Yeah. That kind of president.

The kind with guts.

Not the kind who only schmoozes.

And would rather play basketball than govern.

If that’s what we wanted in a president

Charles Barkeley would be president.

Come to think of it.

Charles Barkeley might be a much better president.

At least he’d make decisions.

And state his decisions loudly and clearly.

But, you know, a lot of Americans simply aren’t aware

That there is a problem in the White House.

A problem who can’t make decisions and who dithers.

And lets the House write all the bills.

And lets his hatchet man take care of the turf wars.

But who doesn’t lead. Ever.

Campaign rallies are for campaigns.

Not for presidencies.

Some BOLD decisions need to be made.

ACTION TAKEN.

NOW!!!

  • FREEDOM_IS_DEAD

    Thanks SusanUNPC

  • Babs

    What in Obama’s background would make anyone think he is capable of leadership? Nothing, absolutely nothing. I think Axlerod and Rahmbo are completely in charge at the White House, and they send the “inspiring orator” out only when necessary. Only thing I can’t figure out is whether they really don’t have a clue as to what to do to stabilize the financial markets, or whether they are just prolonging the situation as long as possible to appease Rahm, who never met a crisis he didn’t love. Do I think they are evil enough to be complicit in destroying a large part of the American economy to push across their social agenda? You betcha.

  • trixta

    To add to all this, Geithner is working solo, since he can’t fill any of his deputy posts.

  • http://AmericasFavoriteTerrorist.com Gerard McNedich

    http://www.nypost.com/seven/03102009/news/nationalnews/if_you_cant_beat_em__cheat_em_158833.htm

    ha ha… pretty funny…

    Barnett, 67, listed 37 other taxes he’s paid, including an obscure waterfowl stamp tax. And he asked the feds to forgive him, as they did such famous tax evaders as US Reps. Charles Rangel and Barney Frank, Sen. Chris Dodd, ex-Sen. Tom Daschle and Treasury Secretary Tim Geithner.

    “It’s pretty wild,” Barnett said of the international attention he’s gotten for his joke letter.

  • Betty

    I read this on HillBuzz this morning and I agree what ever went on shouldn’t be kept secret.

    Tim Geithner appeared before the Democrats’ Policy Meeting yesterday on Capitol Hill, and everything we’ve read about the leadup to the meeting makes us curious as to what Geithner actually said, and what the impetus was for his appearance.

    It’s very out of the ordinary.

    AND, it makes us think back to September, when Congressional leaders walked out of a meeting with former Treasury Secretary Henry Paulson looking like they had just seen ghosts (or, more apt, scores of zombies raised from Hell lumbering forth hungry and unstoppable). That part was actually reported by the media (minus the zombies bit): that Paulson had a meeting with Congressional leaders that was tense, and the Senators walked out saying little, but looking blanched, en route to a hasty changing of their shorts and stocking up on their blood pressure medicines. Months after the election, it was revealed this was the day “someone” (who sure seems like George Soros) tried to obliterate the world economy by crashing markets and making runs on banks (similar to what he did to the Bank of London in the 90s). That day, Paulson told the Senators we were just hours away from a global meltdown. The only thing that saved us was monitoring of the financia networks designed to catch and stop such an Armageddon attack.

    Soros, we imagine, was laughing maniacally somewhere, stroking a cat, being the Soros we all know so well (the very one who installed Obama in the Oval Office, coincidentally enough, through efforts like Soros-controlled Moveon.org).

    So, was yesterday another Doomsday meeting we’ll hear about months from now?

    The meeting started at 7pm last night. So far, we haven’t seen any coverage of what took place, what time the Congressional leaders left the building, what time Paulson left, or the general condition of any of these people in the aftermath of everything that was said and done in that meeting.

    The September catastrophe was kept secret — whatevr went on last night shouldn’t be.

  • Doc99

    HT: The Anchoress

    Obama’s War on Business

    Cramer was right.

  • Sassy

    Thank you Susan, and keep it coming!
    We often have questions here about shifting support from one candidate to another.
    My reply would be that “thinking” people are required to do so!
    As to Krauthammer and Krugman:
    I do not doubt for one moment that Hillary and Bill could have engaged both in discussion and taken valuable “food for thought” from both. President Clinton loved dialogue!
    The great orator only hears himself, and therefore is incapable of learning anything!

  • toni

    You betcha ;)

  • DAB

    While Obama huffs and puffs and makes himself look “oh-so busy” he leaves the heavy lifting to Congress. While the Clintons obviously made a public relations mistake by doing health care behind closed doors, it resulted in a coherent, organic plan that would have solved a lot of the problems that we are now facing.

    Obama, on the other hand, is leaving the whole thing pretty much up to Congress. Can you imagine what a fragmented, ad-hoc bill will result from that particular method?

    If BO and his gang don’t have the time to be personally bothered with this and other legislation, they should just put it off and take care of what should be their first priority — THE BANKS AND THE ECONOMY, STUPID!

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