On Mon, 11 May 2009 17:37:54 -0700, "John R. Carroll"
wrote:


"F. George McDuffee" wrote in message
.. .
On Sun, 10 May 2009 20:48:09 -0700, "John R. Carroll"
wrote:
snip
I think this is one of the big differences between Bush/Paulson and
Obama/Geithner. The latter intends to be deliberate and pragmatic.
The former was just putting out fires willy nilly, or trying to anyway. It
was terrible to have all this come to a head in an election year.
snip
It came at exactly the right time. I only wish that all these
crisis would arise just before elections.

Do you think President McCain and Secretary of the Treasury Gramm
would be doing any better?

McCain/Palin wouldn't have beaten Obama/Biden regardless George.
Presidential politics had a big influence on what Paulson did.
I wouldn't be surprised to learn that Paulson pulled the trigger at a time
of his choosing specifically to prevent McCain from prevailing.
I wear a belt even when I've got my suspenders on.
He certainly knew what the Lehman failure would do and Bernanke could have
prevented that from happening.

JC

=============
Now there's a scenario I hadn't thought of.

No matter how cynical I get, I just can't keep up.

This would also [help] explain the fratricidal rift within the
GOP. My cousin is a long-term county Republican party official
and she remarked several times during the campaign that it was
almost like several individuals on the Republican national &
state committees and some of the Republican pacs were trying to
lose.

While personal rancor is always a motive, this appears much
deeper. Any thoughts?


Unka' George [George McDuffee]
-------------------------------------------
He that will not apply new remedies,
must expect new evils:
for Time is the greatest innovator: and
if Time, of course, alter things to the worse,
and wisdom and counsel shall not alter them to the better,
what shall be the end?

Francis Bacon (1561-1626), English philosopher, essayist, statesman.
Essays, "Of Innovations" (1597-1625).