Duke: The irony here is: So what? Who cares how smart Obama is or how stupid Bush was? The problems we’re facing now are so far outside of our capabilities to handle them it beggars description.
In case no one has noticed, the FED has been throwing stupefyingly large sums of money at this problem, and to no avail. This is a worldwide problem and there are no easy solutions, in point of fact, there may be no solutions at all that work.
I think Obama is no different than any other politician, but that really doesn’t matter. The fact that I think he’s doing his level best doesn’t matter, either. All of the lofty rhetoric in the world ain’t gonna talk us out of this one. He could be friggin’ Pericles of Athens giving the finest oration the world has ever seen and it doesn’t matter.
Let’s also be clear and fair about one thing: This economic train wreck has been approximately three decades in the making, so let’s not throw it at Bush’s feet. He has plenty that he should answer for, but not this.