Quote:
Originally Posted by kane
Both parties, in my opinion, share the blame equally along with greedy bankers, stupid buyers and greedy CEO's.
Clinton did help remove the cap on bank loans. If I understand correctly that was part of the bill put forth by Gramm. Clinton signed the bill, but it was passed by a republican house and senate. So everyone involved has to shoulder the blame.
Obama is going at a quick rate but you could argue it is because he is trying to deal with a landslide that has been slowly building for years and just now hit avalanche status. I don't know if everything Obama is doing is good. Maybe it will work, maybe it won't. I'm not one of those people who will insist that his actions will cause us to head into an unprecedented economic collapse, nor am I someone who thinks his actions will save the nation. In the end I think the nation saves itself and the leader will take the credit.
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I agree with the first part.
I think one of the biggest things working in Obama's favor is that he hasn't been in Washington very long, and by virtue of that alone hasn't been sucked into that whole power and corruption game.
He's also not married to the Clinton administration and doesn't have to defend their policies or carry around their baggage either.
He's in a unique position to fix alot of problems because nobody can blame him for causing them, or working for the people who caused them, or whatever.
I also think he's moving at a quick pace because he can. Like Rahm Emanuel said, you don't want to let a crisis go to waste.
If you slow down and allow bills to die in committee or let things get picked apart on the Sunday shows for months on end, to where you drown in the minutiae, you'll never get anything done. He knows he'll never have more influence over congress and with the American people than right now, so props to him for aiming high and not settling for this incremental change-without-changing bullshit that we usually get out of Washington.