but I still question if giving Obama marks for them is any more appropriate than the automatic 'action items' for "base support" that Bush did in his regime. He did after all spend a fair bit of effort doing things that his base would approve of.
re: 4 Ok, I can't say anything genuinely bad about this. However, given that all he did is say "spend more money on this" I don't count it a work of great genius. Especially since his LACK of genius will thrust enough Americans into poverty that the odds are the program will go bankrupt.
5: Pretty stingy. I'll grant, Bush probably wouldn't do that. But the way he did this implies when the PRIME mortgage holders enter hell later this year he'll be tardy in helping them...if at all.
6: Too little. He's also talking about bailing out the credit card companies. If it goes like the banks is going to be an absolute mess which empowers the CCC's at the expense of their clients. He didn't do anything about payday loans, which make loan sharking look friendly (literally! 60-200% interest rates for loan sharking versus 1300% for payday loans!)
http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSTRE53J6OR20090420 talks about how the CCC's feel they need to resist more regulation. So it doesn't seem their style has been cramped too much so far or it would be talking about repealing _existing_ regulations. Moreover the democrats before this point have not been exactly spirited in their defense of the consumer.
on these, I'll admit I may be unduly harsh
but I still question if giving Obama marks for them is any more appropriate than the automatic 'action items' for "base support" that Bush did in his regime. He did after all spend a fair bit of effort doing things that his base would approve of.
re: 4 Ok, I can't say anything genuinely bad about this. However, given that all he did is say "spend more money on this" I don't count it a work of great genius. Especially since his LACK of genius will thrust enough Americans into poverty that the odds are the program will go bankrupt.
5: Pretty stingy. I'll grant, Bush probably wouldn't do that. But the way he did this implies when the PRIME mortgage holders enter hell later this year he'll be tardy in helping them...if at all.
6: Too little. He's also talking about bailing out the credit card companies. If it goes like the banks is going to be an absolute mess which empowers the CCC's at the expense of their clients. He didn't do anything about payday loans, which make loan sharking look friendly (literally! 60-200% interest rates for loan sharking versus 1300% for payday loans!)
http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSTRE53J6OR20090420 talks about how the CCC's feel they need to resist more regulation. So it doesn't seem their style has been cramped too much so far or it would be talking about repealing _existing_ regulations. Moreover the democrats before this point have not been exactly spirited in their defense of the consumer.