February 03, 2009

Stupid people saying stupid things

EOW pointed to an article at TPM regarding the lack of traction on the stimulus plan...

ThinkProgress has admirably demonstrated that the cable networks continue to tip the scales in favor of Republicans by booking like twice or even three times as many Republicans as Democrats to discuss the Stimulus Bill. But that only tells us what we already know, which is that the Washington press establishment is still wired for Republicans. But there is a Democratic president. And he does have the bully pulpit. And he needs to make this argument, which he's not. Absent that, we can't be surprised and the Democrats are not in much of a position to complain if the vacuum is filled by a bunch of Republicans making statements that are either demonstrable nonsense or just lies.

Look at what people are talking about and you wouldn't get the sense that we're actually in the midst of a major economic crisis that will likely send unemployment well into double digits if nothing is done quickly -- and a crisis that is in large measure the result of the economic policies that the Boehners and Cantors and McConnells are telling us, all the evidence to the contrary, will now save us. Everyone who's taking this situation seriously realizes that spending is the pivotal part of what the government needs to do to stabilize the economy in the face of this crisis. The multipliers for spending versus tax cuts simply leaves no question about that. Ask McCain economic advisor Mark Zandi. The solid critiques from the right aren't about whether spending is needed but which types are most efficient.

At the core, this is going to have to be us talking it up since President Obama and Co. can't manage to do a goddamn thing right since taking office. Oh, I'm sure some of you will point to Gitmo and say THERE but it's the big ticket stuff, like actually VETTING Cabinet noms that they seem to be fucking up nicely.

The economy needs this. I've worked in various parts of the banking industry for more than a decade and can tell you, this is BAD. The situation we're in is precisely the result of greed coupled with a lax regulatory structure and weak legal enforcement. In short, this is the ultimate economic paradise that the policies of Boehner and Cantor and McConnell (not to mention our own Junior John) have already led us to. Only in their idiotic world would more of the same be good. I don't know why I should be surprised since the only one out of the three that's ever held a real job (Boehner) was a salesman. For a packaging company that didn't actually make anything, they just sold what was made by others.

In other words, what these morons have to say about regulation and the efficacy of fiscal stimulus is questionable. At best. Especially in light of the fact that they've been saying the same thing for decades, they got what they wanted and we're all enjoying the ruin where it was destined to lead.

It is not enough any more to support our plan. That time has passed and the Republicans simply will NOT let it go. All that's left is for us to attack THEM. THEY caused this. WE'RE going to fix this.

And it's time the President get geared up and get into the fight. A CHANGE would be a President that actually did something right.

It's time to give old school, knock the other into the dirt and kick him when he's down, politics one last spin.

Say it with me, boys and girls, "TAX CUTS AS STIMULUS DON'T WORK". They didn't work last year, they won't work this year. TARP has started to work to stabilize the financial system. We need this to the economy itself working again and put people back to work. It would also be nice if Geithner would step on the banks to start lending again.

Posted by mcblogger at February 3, 2009 10:00 PM

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» The jobs report and where we move from here from McBlogger
Don't kid yourselves, yesterday's jobs number was a blowout. Expectations steadily ratcheted up Thursday from a 140k increase to a 190k increase and the number still blew it away by 100k jobs. Add that to the increase in the February... [Read More]

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