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Sunday, March 22, 2009

Obama Channels George Bush

Nicole Wallace writing at the Daily Beast makes a good point . President Obama's defense of beleagured Treasury Secretary Tim Geithner on tonight's 60 Minutes is not unlike President Bush's backslap of failed FEMA Chief Michael Brown right after Katrina.



Though Wallace assesses Geithner's performance so far by saying "The problem for Obama isn’t Geithner’s lack of popularity—it’s his lack of success. So far, he hasn’t done anything that has inspired confidence in the financial markets. So far, he hasn’t made any public appearances that have inspired confidence in the public. And so far, he has failed to form a productive or even functional relationship with Republicans or Democrats in Congress," the President says he wouldn't accept the Secretary's resignation if he offered it.

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21 Comments:

Blogger Walter Moore said:

And she made it just two days after I made the same point at my blog. Good for her.

March 22, 2009 7:43 PM  

Anonymous reality checker said:

If a person is doing well the President will say that he's doing well.

If a person isn't doing well, he's not about to say so publicly until he has decided how to deal with the person.

March 22, 2009 7:47 PM  

Anonymous JollyRoger said:

I actually feel bad for Geithner. His job is impossible, and he STILL doesn't have the help that should have been confirmed by now. It is an unenviable position, to put it mildly.

March 22, 2009 8:20 PM  

Anonymous Anonymous said:

Walter do anyone besides the Minutemen and Rita from Sunland read your blog?

March 22, 2009 8:28 PM  

Blogger Walter Moore said:

Just people who want to avoid having to wait to read it elsewhere later.

March 22, 2009 8:51 PM  

Anonymous Anonymous said:

I am shocked that O'bama can be so jovial and full of, as he called it, "gallows humor" when there are such dire problems to be addressed.

Between the comedy show appearances, and jokes, when does this friend of terrorists actually work?

the man has no gravitas.

March 22, 2009 9:13 PM  

Anonymous Anonymous said:

I mean, really. The current administration hasn't even been in power for 3 months yet and people are sniping and criticizing them relentlessly. Its like Bush and friends never existed, geeesh

March 22, 2009 9:42 PM  

Anonymous Anonymous said:

Wow, if only you were so quick to judge Bush as a failure.

60 days folks... 60 days. I know you guys called him Moses during the campaign, but here is a secret... he isn't really Moses.

March 22, 2009 9:46 PM  

Anonymous Anonymous said:

Bush, Walter Moore and Obama are all failures, losers, whatever fuckers.

March 22, 2009 9:52 PM  

Anonymous Anonymous said:

Go away Walter. Sean Penn wants to move to France with you asshole!

March 22, 2009 9:53 PM  

Anonymous A Walter Moore loving homosexual said:

shut up walter
shut up walter
shut up walter
shut up walter
shut up walter
shut up walter
shut up walter

March 22, 2009 9:54 PM  

Blogger Sarah Michelle Spinosa said:

Anon 9:42 -

It might have something to do with the fact that it's only taken a few months for Obama to outspend 'Bush and friends.' Don't shoot the messenger.

As to the rest of you, how old are you? The way you go after Walter, I feel like I'm in a school yard. Kids can be cruel... especially when they become adults! Grow up people.

March 22, 2009 10:21 PM  

Anonymous Anonymous said:

Stimpy, the wealth of your ignorance is astounding.

Why do you hate America Mr. Higby? Why can't you get behind our President "in a time of war?" Or is that what Republicans say only when it was a Republican president? (don't answer that, we already know)

The way you get out of a recession/depression is to spend your way out. Therefore the argument that Obama has managed to spend more faster is ludicrous. It is a mandatory means of getting out of the hole.

The Republican Party, including Mr. Moore, have failed to come up with a single workable answer, which has allot to do with why neither one of them are in power so perhaps it is time to sit the f*^ck down and shut up.

This countries "must have it now" mentality is what got us in this mess. It is also difficult to classify Obama and Treasury's moves a failure when the stock market finished higher for the first time in months last week. Housing sales are climbing as well. Citibank has declined future bailout money saying they have turned a profit, as has Bank of America (which owns Countrywide).

I know that none of this is politically convenient for the Republicans because you guys literally need America to fail in order to have any chance of returning to power. Face it, if Obama and the Democrats pull this off, the Republicans can kiss one to two decades out the window. THAT is what this sniping is all about and it is sad that the Republicans can't put country before party in these dire times. (It isn't fun when this happens to you guys is it?)

You guys better get behind one fact fast, there is no other plan. It's Armageddon people and if Wylie Coyote and his booster rocket don't work, we're sunk. So how about we start cheering for the rocket.

March 23, 2009 1:34 AM  

Anonymous Anonymous said:

It's simple: Bush is gone, and no longer O'bama's excuse. Seems to be that he ran on "change," but all he gives us is more of the same tax cheats.

March 23, 2009 5:59 AM  

Anonymous matt dowd said:

whatever they're doing it works for me. I waded into Wall St 2 weeks ago, bought shares like Bank of America, GE and Boeing, all on multi year lows. Dow was at 6600.

Bank of America is up over 10 % just today.
its going to at least $10 a share in the next couple of weeks. (7 now)

2 weeks ago it was trading round $4.

thanks Obama.

and to everyone concerned about the economy : start saving money in the bank, no I mean it, actually save money and put it in there. invest in american companies. stop buying the latest Chinese imported toy the second it hits the shelf.
that's why the economy has tanked people, a lack of personal fiscal responsibility on everyone's part.
fueled by house flipping greed, and by the ego driven vanity of being seen with the latest 'device' or big screen or whatever.
I wouldn't even advise buying a hybrid right now, especially on credit, its the absolute worst thing you can do. save the instalment money in a savings account, and get the next technology, its ok to skip one and keep what you got a little longer.
because besides what you think you'll save on the environment, just remember someone else will still be driving your polluter after you, and it takes greenhouse effect energy to make that shiny new hybrid.
the simple fact is that the emerging and third world is going to pollute the f*ck out of this planet anyway, theres zillions of them out there using all our old technology. while we do need to develop cleaner transport, which we can later sell to them, the smarter way to attack global warming is to adjust your current habits. combine trips, share rides, even just slowing down from 70 - 60 mph can save at least 10% on your fuel bill. 10% less emissions, save the money, help the economy by putting it in the bank, and eventually buy a stake in something American.

March 23, 2009 8:01 AM  

Anonymous Anonymous said:

Hey Dowd!

You should give some of your stock market earnings to Zuma Dogg for all that he has done for your sorry ass.

The guy is about to pass out from hunger and lack of sleep and you do nothing for him.

He made you asshole.

March 23, 2009 8:38 AM  

Anonymous Anonymous said:

I would like to know why, if Matt Dowd is so successful (and boastful) in the stock market, how come he can't buy some class and not say "fuck you tom la bonge" at city council last week?

It doesn't matter what you feel about him, but you shouldn't be a rude scumbag, Matt. It was hilarious, though. Keep it up! And now that you've got money, get a ffucking haircut and slide zuma dogg a few hundred bucks.

March 23, 2009 8:51 AM  

Blogger Sarah Michelle Spinosa said:

"The way you get out of a recession/depression is to spend your way out. Therefore the argument that Obama has managed to spend more faster is ludicrous. It is a mandatory means of getting out of the hole."

You honestly believe the solution to too much spending is more spending? The way out of a recession of this TYPE is to do precisely what the Obama team wants to do as far as getting toxic assets off the books - as long as the government isn't in charge.

However, if the government HAS to scoop these assets up, it's only because nobody else wants them, which in turn means that it's likely they're worthless in the current market. That says a lot about the way these companies have been running an international pyramid scheme for years and I see no point in giving them tax dollars as a reward for failure instead of letting the financial sector cannibalize itself until it realizes that the entire system needs to be reformed. Let's start by abolishing the unconstitutional Federal Reserve.

March 23, 2009 9:17 AM  

Anonymous Anonymous said:

Boo hoo hoo Higby hates Obama!

Get a life people.

Looks like many have figured out that Barry O is not Jesus.

March 23, 2009 9:55 AM  

Blogger Zuma Dogg said:

March 23, 2009 8:38 AM

Excuse me. Dowd doesn't owe me anything? He's my friend, but, I haven't done anything for him special? He's helped me with some dinero, every now and then, though.

March 23, 2009 10:41 AM  

Anonymous Anonymous said:

"She made it just two days after I made the same point at my blog. Good for her."

Yes, good for her. She's only two days behind Walter. That's like only being two points behind Kobe.

And how big of Mr. Moore to acknowedlge this, like a pat on a puppy dog's head.

But mainly, everyone should know that Walter posted it first, even though unless he announces here, no one will ever know.

March 23, 2009 10:44 AM  

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