Friday, October 31, 2008

 

Tough Times Call for Tough Talk

This is pretty funny:

“There's more. Mr. Obama's March 2007 letter included a stirring call to "assess options" and boldly suggested that the two men "facilitate a serious conversation" about housing. He was even brave enough to suggest that "the relevant private sector entities and regulators" might be able to provide "targeted responses." Then in paragraph four, the Harvard-trained lawyer dropped his bombshell: a suggestion that various interest groups get together to "consider" best practices in mortgage lending.” Barack Wrote a Letter . . . - WSJ.com

…and this (from the same piece):

“For example, recent media reports have lauded the prescience of Edward Markey, the Massachusetts Democrat who has long called for increased regulation of financial derivatives. Not that this says much about derivatives. Mr. Markey has also called for increased regulation of the Internet, cable TV, telephones, prescription drugs, nuclear plants, natural gas facilities, oil drilling, air cargo containers, chlorine, carbon dioxide, accounting, advertising and amusement parks, among other things.”

The whole piece is that wonderful combination of education and entertainment. Reminds me of a great line that Senator Clinton used during the primaries:

“I think you'll be able to imagine many things Senator McCain will be able to say,” she said. “He’s never been the president, but he will put forth his lifetime of experience. I will put forth my lifetime of experience. Senator Obama will put forth a speech he made in 2002.” Clinton Says She and McCain Offer Experience, Obama Offers Speeches - From The Road

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