They’re Sorry
But is there a head tilt of compassion, along with the regret? When will we see the pictures of Chris Buckley and David Brooks? Brooks must be really shocked. That’s not the Barack Obama he knew. Why, that Barack Obama read Reinhold Niebuhr!
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on Tuesday, March 3rd, 2009 at 7:58 am by Rand Simberg and is filed under Media Criticism, Political Commentary.
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March 3rd, 2009 at 10:15 am
Did you notice that 95% of these people are of the hippy generation.
March 3rd, 2009 at 10:28 am
I would say 95% of these people have substantial stock portfolios that they rely upon for a comfortable retirement.
Given the appetite of many of his more activist supporters for the financial benefits of a bull market, a keep wondering when Mr. Obama will have his “You mean my legacy depends on the actions of some (fine, fine) bond traders?” moment that Mr. Clinton had.
I am talking about those neo-Marxist college professors who are watching the endowment funds go poof! along with their retirement funds and private savings. At some point Mr. Obama will “own” this problem and then what?
March 3rd, 2009 at 11:32 am
Paul, they noticed he problem long ago, and Obama is part of their solution. When your private assets dry up, it’s time to lay up different kinds of assets, e.g. government pensions, government entitlements, et cetera.
Notice how Stimulusaurus contained truckloads of cash for education and educators, for unions, and we’ve the promise of health care entitlements for retired UAW workers no longer able to squeeze blood from the stone that GM has become? No accident.