Monday, March 23, 2009

When the going gets tough

What is scaring us - even though many of us won't admit it - is that we elected a president who wants more than anything to be liked. What else explains his headlong rush to persuade foreign governments - even enemy regimes - to embrace us? And what else justifies his infatuation with Hollywood?

And even that he doesn't quite get right. I still can't believe that the president of the United States traveled across the country - without his teleprompter crutch - and made fun of the Special Olympics on national television.

When the going gets tough, the weak go on Leno.
Andrew Breitbart. He ends on a positive note--an alternative. And at least for now, the market looks like it's getting a grip after the long-awaited release of the Treasury toxic asset plan. A guide to the new plan from Forbes.

More food for thought. Suzanne Garment:

Presidential adviser David Axelrod, explaining why Mr. Obama supplanted Mr. Summers's early statement about the bonuses with an angrier one, said that while Mr. Summers had to weigh the effect of the government's actions on its ability to manage the financial system, "the president's job is to speak for the country."

That is deeply wrong. Precisely because the president speaks for the country, it is his job, and not just Mr. Summers's job, to weigh the economic consequences of his words. The president's job is not to express populist anger but to address the anger and talk sense to it.

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