Our president apparently found time in his busy schedule to call a bunch of reporters to obsess about a question that was asked of him by the New York Times, no less.Are you a socialist?:
"It was hard for me to believe that you were entirely serious about that socialist question," he told reporters, who had interviewed the president aboard Air Force One on Friday.
Opening the unusual presidential call to reporters by saying that there was "just one thing I was thinking about as I was getting on the copter," he said it wasn't he who started the federal government's intervention into the nation's financial system.
"I did think it might be useful to point out that it wasn’t under me that we started buying a bunch of shares of banks. It wasn’t on my watch. And it wasn’t on my watch that we passed a massive new entitlement -– the prescription drug plan -- without a source of funding. And so I think it’s important just to note when you start hearing folks throw these words around that we’ve actually been operating in a way that has been entirely consistent with free-market principles and that some of the same folks who are throwing the word 'socialist' around can’t say the same."
The New York Times asked, "So whose watch are we talking about here?" but Obama wouldn't name names.
"Well, I just think it’s clear by the time we got here, there already had been an enormous infusion of taxpayer money into the financial system. And the thing I constantly try to emphasize to people if that coming in, the market was doing fine, nobody would be happier than me to stay out of it. I have more than enough to do without having to worry the financial system. The fact that we’ve had to take these extraordinary measures and intervene is not an indication of my ideological preference, but an indication of the degree to which lax regulation and extravagant risk taking has precipitated a crisis."
He concluded the brief call by saying, "I think that covers it."
The phone call came after the president was asked aboard his plane: "Are you a socialist as some people have suggested?"
He was clear in his first answer: "You know, let’s take a look at the budget – the answer would be no."
"Is there anything wrong with saying, 'Yes'?" a Times reporter pressed.
"Let’s just take a look at what we’ve done," Obama said, ticking off efforts his administration has made to stabilize the economy. But he acknowledged that, as he told Joe the Plumber, he plans to try to spread the wealth around.
As you listen to the audio, it's obvious the Chosen One is winging this one without his teleprompter, which gives him a distinct air of...disbelivability, just slinging it out there in hopes it will fly. And you'll note that he didn't provide any specifics on why he wouldn't be regarded as a socialist.
And when the question that was asked 'who's watch is it' he ducked it.
Can't blame Bush forever, Mister President. The chickens gotta come home to roost sometime.
Can't blame Bush forever, Mister President
ReplyDeleteuh, yeah.
good luck with that one.
Hooray Obama! We can most certainly blame all Conservative/Republicans for supporting Bush and the 14 trillion dollar debt Bush created which you all so loudly supported by claiming constantly that our economy was booming and roaring when everyone else knew it really wasn't. Losers.
ReplyDelete14 trillion?? I see your math is about as challenged as your logic.
ReplyDeleteWhat we had, in fact is a recession slightly worse than the one Bush inherited from Mr. Bill...not to mention the huge hits we took from 9/11.
Don't get me wrong, troll. Bush spent money like a drunken sailor, but Obama is in a totally different.
Enjoy that $13/week tax credit an dthe way it will be charged to you as income next year...oh, and enjoy inflation, higher food prices, record energy prices and declining health care a s cap and trade kicks in and Obama gets his greedy mitts on health care.
Losers? You have no idea, no clue as to what you're in store for.