Jobs, Stocks, Economy All Down; Is Obama a Socialist?
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The employment rate is 8.1 %; the stock market went up, then down; and AIG, GM and the banks are all demanding more money. Bob applauds Obama’s mortgage moves, brands his bank plans a failure. Tony says it’s too early to blame him but not too early to worry about failure. Arianna says the banking crisis is his Achilles heel. They all agree that Timothy Geithner will likely be the scapegoat for the economy he can’t escape. And is Obama a socialist? What’s that mean, anyway?
Links:
- Obama and the home mortgage crisis, TtP on
- Krugman's (NY Times) column on Obama's 'dithering'
- Hillary Clinton in the Middle East, TtP on
- AIG and the World Economy, TtP on
- Obama's healthcare proposal
- Brooks on the budget crisis, 'Obamatrons'
- Krauthammer's column on the Obama agenda
- Kennedy-Hatch 'Serve America Act'
- Miller's (Daily Beast) column on how to 'shake down the banks'
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