26 / February
26 / February
They Get It

Channeling FlynnFiles, Fidelity Investments Chairman Edward Johnson wrote to shareholders, "We can only hope that the government's cure doesn't further sicken the patient." The 28th wealthiest American explained, "During the '30s, Congress--with guidance from the president and the same kind of good intentions--shifted the country's cash flow away from productive businesses to government make-work projects, which most likely prolonged the Great Depression." Johnson even compared George Bush to Herbert Hoover and Barack Obama to Franklin Roosevelt, viewing the instrusions into the economy by each negatively. I watched Nevada Senator John Ensign on Hardball articulately and intelligently explain the New Deal's failure to rescue America from the Great Depression to an aghast Chris Matthews, who reacted much the way a seminarian would if you had told him David Fricke is the real savior. As encouraging is this brilliant piece of guerilla theater (The giant chicken is rumored to comment at FlynnFiles) courtesy of Right.org. Watch it, if only for the spectacle of these brash activists showering Treasury Secretary Tim Geitner with cash as if he were a stripper. Take heart. We are not alone. There are people out there who get it.

posted at 12:12 AM
Comments

The CBO has reported that by their calculations and educated conclusions, the recession would be over in 6 to 8 months. Without any so-called "Stimulus" or any other injection of phony cash props using our money.

The market works and everybody seems to know this. Maybe even BHO and his puppeteers.

But this ain't about the economy. It's all about control.

Posted by: asdf on February 26, 2009 11:55 AM

That Hardball clip was good. I was a bit surprised that Matthews backed off of Ensign. A member of the opposition making perfect sense has never stopped him from making a partisan liberal a$$ out of himself. On the contrary, it seemed like Matthews might have even been sporting that well known ‘tingle’ we’ve heard about.

Posted by: asdf on February 26, 2009 04:01 PM
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