Obama Warns of 'Irreversible' Crisis: The Associated Press
ELKHART, Ind. (AP) - Making his case in the most dire terms, President Barack Obama said that if Congress does not quickly pass an economic stimulus package, the nation will slip into a crisis so deep that "we may be unable to reverse" it.
"We can't afford to wait. We can't wait to see and hope for the best," Obama said in Elkhart, Ind., a community reeling in job losses during the recession that has defined his young presidency. "We can't posture and bicker and resort to the same failed ideas that got us in into this mess in the first place."
Monday, February 09, 2009
President as extortionist?
I'm still praying for Obama, but for how long can Americans put up with a president who, instead of injecting some optimism, and/or sense of discipline, into the economy, is actively talking it down? What is he afraid of? Is he simply afraid that his "porkulus" bill to "stimulate" the economy through a trillion or so dollars of spending on leftist bureaucracies and unionized businesses might not pass without major changes? Or is his desire even more sinister? What is the narrative he is trying to create for future use with talk like this?