Sunday, April 5, 2009

Featured MSM ariticle of the day.

This was featured at Kate's World today, and initially I thought what was written was hers as it was in keeping with the usual nonsense one finds over there. To my surprise, it comes from the Wall Street Journal. What is most amazing though, is that they printed it. If you have a rubber rain coat and galoshes, I suggest you don them, as the sh*t flies fast and furious in this one.

"It is not for nothing that rage has been turned on those wicked financiers. The banks are at the core of the administration's thrust: By managing the money, government can steer the whole economy even more firmly down the left fork in the road.

If the banks are forced to keep TARP cash -- which was often forced on them in the first place -- the Obama team can work its will on the financial system to unprecedented degree. That's what's happening right now."

http://online.wsj.com/article/SB123879833094588163.html
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1 comment:

  1. Don WerryApril 5, 2009 at 9:03 PM

    "the Obama team can work its will on the financial system to unprecedented degree"

    While the current anger is directed toward bankers the notion that the buck stops with government has not gone without comment from US msm.

    I suspect as the trillions trickle along with the jobs it created they might start looking into the partisan cause of the financial sector the ideologically driven promise of the rescue is.

    It would appear things are going to get even more interesting,,, by several degrees.

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