Right Pundits

Actually on cspann Biden gave a near brilliant talk on the politics of the problems with the afghanistan war, coming down to 40 million Pastuns living around the pakistani afghani border, on both sides,(that are the real country) and that explains the whole problem, the taliban, and why without pakistani active full involvement there can be no solution. He painted a picture of again bad borders, British drawn I guess, in another area of the middle east that neglected to take the tribal living areas into account. It was really a good geopolitical talk and far above anything I have heard ever from the Clinton or Bush admin.

The Republicans don’t have a leg to stand on. Bush and the Republicans caused this whole mess. The American public realizes this, and this is why the Democrats now control the White House and Congress. The Republicans and the right-wing media should just shut up. Bush was the moron. If we go into a depression, it won’t be Obama’s fault. He’s only been president a week. He’s trying to fix it.

True Edward, but they don’t want to hear that here. You are right though, the repubs and right has been working overtime to spin this bush disaster on obama who’s hardly been in office a week. I don’t recall any new president ever facing such a set of “intractable” challenges upon assuming office. You can already see the repubs in congress parroting “talking points” to make obama look bad. Personally I think developing a really good well targeted stimulus package is near impossible with the weak minds we have in congress anyways as the US doesn’t have any real action plan as it hasn’t developed a vision yet. Bush admins disgust with other voices other than their own has impaired our ability to think outside the box and move foward. They are actually giving talk radio personalities more weight than our elected officials. No one can really get their grips on the actual problem or its magnitude, when in fact its the first time capitalism has absolutely failed in our life times and people haven’t been brave enough to admit it yet. No wonder any increased government intervention in propping up “our system” is deemed socialism. What Obama is facing is two intractable wars and the failure of capitalism as it “was” practiced in our system. Now he is being asked to reinvent the economy with a biased and prejudiced congress, many of whom, learned nothing to quote Cramer.!! That’s a tall order.I think till we see this as a system wide melt down of capitalism, any little solution is going to just be inflationary and a temporary band aid. Its so bad our incentive system was hijacked by the aggressive greedy at the top. So not only is our “theory” of operating defrocked, our theory of incentives is dysfunctional as it gets. We have to really lay down a whole new set of principles and rewrite not only our “true” balance sheets, but the rules with which we doctored it up into a total fiction(Cramer again, but accurate). We gotta rebuild the lemonade stand, and only thru huge “real” write off’s can we do this, which means huge unemployment and a continuing freeze on entire strata’s of credit lines. So how do you re-engineer a reprise of Wealth of Nations in the new millenium? The shop till you drop credit model has gone the way of the historical waste bin. It doesn’t have to go all at once you know, but through a staggered slow downward step like motion. I think of interest is whether the burgeoning middle class across the developing nations of the world can morph this into a renewed export driven economy allied with real growth as yes, there is a world of infrastructure and quality of life out there yet to build.

ED:

Oh also I forgot to mention Obama said he would fix up these problems in one year well not true. So don’t give excuses he said he would fix it.

PS: You suck