I agree that the government is the only player big enough to help, and that
there needs to be a stimulus bill, so let's see a stimulus bill, not a
pork-and-beans bonanza. It's embarrassing what Obama has let Pelosi do to
him on this bill. If it passes in its current form, he should veto it just
to demonstrate who is in charge, then make them go back and clean it up with
Republican support. That would be real leadership.

On Fri, Feb 6, 2009 at 10:05 PM, Judah McAuley <[email protected]> wrote:

>
> On Fri, Feb 6, 2009 at 9:17 PM, Robert Munn <[email protected]> wrote:
> > Different issue. I sounded the alarm over the possibility of systemic
> > failure of the banking system, which was addressed (however poorly) with
> the
> > TARP. It didn't restart the economy, but it should keep the banking
> system
> > intact. This pig of a bill tries to do everything for everyone that
> > Democrats owe, and in the end it could do more harm than good.
>
> It's not at all a different issue. The systemic collapse of the
> banking system is spawning a systemic collapse of the broader economy.
> The finance industry has been propped up a bit, but unless the flow of
> goods and services increases and consumer confidence rebounds, the
> partial prop up of the finance industry will be for naught.
>
>


> The one player big enough to do that is the federal government. You
> may not like it and I certainly understand that but it is a simple
> fact.
>


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