When I first read the transcript of Obama’s interview with Stephanopoulos, the criticisms from the blogosphere looked hyperbolic. I only saw Obama getting mired in details that wouldn’t make much sense to most people. This quibbling has been his MO for obscuring parts of the debate he doesn’t want to have illuminated.
But then I read [...]
If a detailed, factual study were made of all those instances in the history of American industry which have been used by the statists as an indictment of free enterprise and as an argument in favor of a government-controlled economy, it would be found that the actions blamed on businessmen were caused, necessitated, and made [...]
This crisis is neither the result of a normal turn of the business cycle nor an accident of history. We arrived at this point as a result of an era of profound irresponsibility that engulfed both private and public institutions from some of our largest companies’ executive suites to the seats of power in Washington, [...]
Obama said to McCain during Monday’s fiscal summit:
“And one of the promising things is I think Secretary Gates shares our concern and he recognizes that simply adding more and more does not necessarily mean better and better…” “…Those two things are not — they don’t always move in parallel tracks, and we’ve got to think [...]