Did... did they really say that?

[DrEast]

"Record spending that could lead to record tax increases or higher deficits will not advance our economic recovery," the White House said in a statement.
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This is in reaction to a 56 billion dollar public works, unemployment, welfare etc. economic stimulus bill that Dems tried to push through.

Did the White House really just say that at the same time as they're trying to push a 700 billion help wall street out bill?

Really?

I'm against both bills as a fiscal conservative, but good grief! The hypocrites we've got in office!

[Sean O]

Hypocrisy and elitism seem to go hand-in-hand most of the time. It doesn't really surprise me that they want to empower wall street at the expense of everyone else.

[blueback]

No, being human and hypocrisy go hand-in-hand. There are plenty of down-home, salt-of-the-earth, mid-westerners who are just as hypocritical.

A lot of people want to bail wallstreet out because our financial system runs on trust. When people don't trust, they don't invest, and when they don't invest their lack of trust is verified. It becomes a self-fulfilling prophecy as everyone tries to circle their wagons.

Personally, I want someone making decisions about our entire country's financial future who knows something about that level of finance. It's too bad that all those guys work for large financial companies. What; do you expect a person who can make decisions like that to NOT get rich? I'd rather let a person who probably has a better idea than anyone make the decision than a person who definitely has no idea, but has purer motives.

As someone once said; Lord save us from well-intentioned idiots.