QOTD

by digby

Economist Larry Mishell:

"I consider President Obama to be in the situation of having inherited a burning apartment building. He proceeded to gather all the available fire trucks and douse the fires in half the floors. Yet his critics complain that the other floors are still on fire. Even worse, those critics are the ones who started the fire. And they want to withdraw the fire trucks."


I would just add that those who started the fire did it so they could collect the insurance. And since they are relatives of the new owners, they all gain if the house burns completely down. Unfortunately, it might take down the whole neighborhood with it.

Luckily for them, the fire department doesn't believe in looking in the rearview mirror. And anyway, the arsonists are just too big to fail.


Update: Bérubé on fire(s)

Republican firefighters responded to a series of blazes that swept through the financial districts of the nation’s major cities this past week and continue to rage from coast to coast.

The cause of the fires is not known, but some Democratic analysts are suggesting that the fires may have started in the electrical systems of the buildings, which were stripped of insulation as a result of the Free Industry and Real Estate to Unleash Power (FIRE UP) Act of 2002.

Republican fire marshals dismissed the suggestion, accusing Democrats of “playing politics” with the fires, and called for bipartisan solutions to the crisis. “If anything caused these fires, and we’re not convinced of that to begin with,” said House Minority Leader John Boehner (R-OH), “it was excessive regulation. Red tape is notoriously combustible, and these buildings were shrouded in it. Sarbanes-Oxley has a lot to answer for.”


Ok, just a little bit more:

From across the political spectrum, commentators David Broder and David Brooks indicated that the threat of a filibuster would likely bring down the Obama presidency. “We need to take the best ideas of both parties,” Broder told MSNBC’s Andrea Mitchell. “If Obama can’t find grounds for compromise—some water and insulation, yes, but also some flamethrowers and oil-soaked rags—he will have betrayed the promise of his presidency, which was, after all, to transcend partisan politics in Washington.” Brooks agreed, adding ominously that “Obama’s credibility is at stake, and so far he’s not passing the test.”



From across the political spectrum ...



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