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September 19, 2008

"Obama Outraged At Being Accused of Not Supporting Something He Doesn't Support"

Read it. (Make sure you click to give him the traffic; he deserves it, and I'm swiping a lot of this post.)

Obama, on the trail in New Mexico, had this to say of McCain:

"And today he accused me of not supporting what the Treasury and the Federal Reserve Bank did with AIG despite no evidence whatsoever that that’s what I had said."

To recap, when I wrote earlier today that Obama supported the bailout, I quickly was instructed by his staff that this was not the case. He just didn't oppose it, I was told.

Now he's so adamant about not opposing the Fed's move that he's complaining about McCain's portrayal.

This is the man who would be president. He doesn't support the bailout; he also doesn't oppose it. And if you say he doesn't support it, he angrily fires back, "Not so, I merely said I didn't support it."

This is the guy who's going to lead us. This fucking guy.

Captain Bullshit.

Senator Present.

Thanks to Racer X.

Update: Bernacke and Paulson briefed the Republican Congressmen today to convince them to support the bailouts.

The words used: "Dire."

The worst financial crisis in the post-war period. (Which is itself a softer way to say "The worst financial crisis since The Great Depression, which is really what they mean. But can't say that. If they say that, they actually cause a panic and create a new fucking Great Depression..)


Failing to intervene will be "catastrophic."

I do not pretend to know whether this is well-advised or if these megainstitutions should be allowed to fail, as they deserve.

But I do know one thing.

You're not allowed to vote "present" on this crisis, you fucking unqualified poser pussy.

You built this bomb by lobbying for looser and looser credit. Demanding banks extend mortgages to credit-poor buyers. You inflated the housing market by artificially injecting it with new trillions of government-guaranteed dollars backing the mortgages of people who couldn't afford a mortgage in a normal market, nevermind the increasingly-inflated bubble market you created.

And now, your own bomb having detonated, you refuse to say whether you wish to intervene further or let these institutions -- that you yourself substantially undermined -- fall.

And further -- you get angry when someone "distorts" your position from "not supporting" to "not opposing," or "not opposing" to "not supporting."

You're all about the nuance, aren't you, cocksucker? All nuance, no responsibility. No accountability. No leadership.

Let me guess: It's racist to demand you take a position on your own disaster. Right?

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posted by Ace at 03:31 PM

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