Like they know what they’re talking about
From CNN:
Leading Republicans warned Sunday that the Obama administration’s $800 billion-plus economic stimulus effort will lead to what one called a “financial disaster.”
“The country will “pay dearly” if it executes the president’s stimulus plans”, Sen. Richard Shelby says. “Everybody on the street in America understands that,” said Sen. Richard Shelby, the ranking Republican on the Senate Banking Committee. “This is not the right road to go. We’ll pay dearly.”
Shelby, of Alabama, told CNN’s “State of the Union” that the package and efforts to shore up the struggling banking system will put the United States on “a road to financial disaster.”
Wasn’t this the sour-faced asshole who held up the first stimulus plan at the last minute, thus plunging the dow, creating more instability and allowing the first intrusion of the mindset that government cooperation on the economy “can’t” work?
Well, the Obama White House responded better than I could:
“Those who presided over the last eight years — the eight years that brought us to the point where we inherit trillions of dollars of deficit, an economy that’s collapsing more rapidly than at any time in the last 50 years — don’t seem to me in a strong position to lecture about the lessons of history,” Summers told ABC’s “This Week.”
I’m not stupid. I know this is a game these guys play - you gain a little ground, they gain a little ground. It’s just the hypocrisy that drives me insane. All these folks on the right would have supported Bush straight down the line had this been his proposal four years ago. The only difference is it would be chock full of overflowing pork.
Now they are the party of “conservation” again?
Summers is right, however. The republicans have sunk this country. We needed great ideas from them before, not now. As such, they don’t deserve to claim the high-ground here.
