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November 06, 2008

Financial Crisis Cripples Transition, Obama Powerless to Stop It

Gawd. Did they lower expectations like this 8 years ago?

WASHINGTON (AP) — As president-elect, Barack Obama faces a tricky task as he begins dealing ever more directly with the economic meltdown, grappling with the worst financial crisis in seven decades but not yet wielding the power to do much about it.

He won't be a participant at President Bush's global summit next week, although the 20 leaders attending are no doubt keenly interested in his views. And he may have to eventually push back against some members of his own party in Congress over details of a new plan to stimulate the economy.

He's been President elect for a day and a half, and already he faces an uphill battle with members of his own party?! What the hell more power does he need? He's got a full-up Congress and the mandate of the lovin world. Are we seriously to believe that 2 (maybe 3) Senators can thwart his awesomeness?

That'd be cool. I'm not bitching. But seriously, RLY?

At this rate by March we'll all be satisfied enough to know he actually showed up on time for cabinet meetings. It's not a honeymoon. Too soon for that nonsense. No, this is more like Pass Go, Collect $200.

Add zeroes as the mood fits.


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posted by Dave In Texas at 10:04 PM

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