Quote from Mvic:
1. Jobs are the stop loss that is needed.
2.The stimulus will create few and very expensive jobs but Obama will not be blamed because when no jobs are created he can just claim that 4M were saved from losing their jobs. Again, the stimulus will be hailed as a success even if NOT ONE NEW job is created because they will claim that jobs were saved because of the stimulus!
3.Without the jobs the bank bailout is irrelevant and just another waste of trillions to be added to the taxpayers tab.
4.There is no real will in DC to stop this crisis. The bigger the crisis the more power Obama (or Pelosi as she seems to be running things more than anyone else at the moment) has to enact change, his Chief of staff already told us this in plain English.
5. The solutions they really want to impose, along with a real stimulus, will come later this year or early next, and they will be timed so the effects will start to show as we head in to the 2012 election. There is a downside to being too effective too soon for this administration.
I see the people who are blindly touting Obama no differently than those people who were blindly supporting and defending Bush despite all the evidence that he was incompetent (not to say that Obama is incompetent nor Geithner as I don't believe they are, but to many it is as if they can do no wrong just like the Bushies felt about their fearless leader as though this is some popularity contest in highschool, by the way this is in no way helpful to Obama who unlike Bush I think will listen to differing opinions and doesn't need sicophants). I am amazed at how many otherwise intelligent people who rightly held Bush to a high standard of intellectual integrity have lost all of their critical thinking when it comes to Obama and have morphed in to the same blind followers immune to all reason and logic that they used to so deride when it came to Bush supporters. Do you really want to be a liberal version of a ditto head?