Friday, February 6, 2009

The only thing we have to fear is hope itself (or something like that)

News item:
Charles Krauthammer : Crisis, Catastrophe: Are These Words of Hope? -

"'A failure to act, and act now, will turn crisis into a catastrophe.'
-- President Obama, Feb. 4.

WASHINGTON -- Catastrophe, mind you. So much for the president who in his inaugural address two weeks earlier declared 'we have chosen hope over fear.' Until, that is, you need fear to pass a bill."
Comment: I guess that hope, change, and bipartisanship and all of that were just empty campaign words. I'm shocked, shocked.

The true catastrophe will come when we've burned through a trillion dollars and, because the whole process was rushed, we aren't any better off than we would have been without throwing money at it.

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