Regarding economic policies, you are probably right, and the Obama Administration is gambling HUGELY.
I think Obama is probably being misled. Or if he may now be thinking, "in for a penny, in for a pound."
You have not said, however, what you'd have him do
I'm not really an expert on finance. However i do think, based on what i know and understand about the situation, that it would probably be cheaper and in the long run more effective to nationalize insolvent banks, or let them go bankrupt, and then house and feed out of work bank employees, than what we're doing now. Then turn around and invest the $1T in Main Street instead. With that kind of money we could have the best infrastructure in the world, the best educational system, total conversion to clean & renewable energy, the best mass transit system in the world, you name it.
Obama's real position regarding governmental violation of citizens' rights and of war crimes statutes won't be fully on display until then.
Actually we already have on record his votes in the Senate to renew the USAPATRIOT Act, with mild civil liberties improvements the Democrats added.
It's actually a brillinat way of dealing with the problem.
We'll see what happens on that. My gut feeling is that AG Holder will balk at giving any assistance to European prosecutors whatsoever. I certainly don't expect him to direct the FBI to arrest any Bush Admin people indicted in Europe for war crimes.
It may be a brilliantly pragmatic way to solve the problem, *if* he quietly allows it to go forward. Time will tell. I think tho that it is not a particularly satisfying way to handle the issue. The US should be seen as standing by its stated commitments against torture.
Re: Two Things...
I think Obama is probably being misled. Or if he may now be thinking, "in for a penny, in for a pound."
You have not said, however, what you'd have him do
I'm not really an expert on finance. However i do think, based on what i know and understand about the situation, that it would probably be cheaper and in the long run more effective to nationalize insolvent banks, or let them go bankrupt, and then house and feed out of work bank employees, than what we're doing now. Then turn around and invest the $1T in Main Street instead. With that kind of money we could have the best infrastructure in the world, the best educational system, total conversion to clean & renewable energy, the best mass transit system in the world, you name it.
Obama's real position regarding governmental violation of citizens' rights and of war crimes statutes won't be fully on display until then.
Actually we already have on record his votes in the Senate to renew the USAPATRIOT Act, with mild civil liberties improvements the Democrats added.
It's actually a brillinat way of dealing with the problem.
We'll see what happens on that. My gut feeling is that AG Holder will balk at giving any assistance to European prosecutors whatsoever. I certainly don't expect him to direct the FBI to arrest any Bush Admin people indicted in Europe for war crimes.
It may be a brilliantly pragmatic way to solve the problem, *if* he quietly allows it to go forward. Time will tell. I think tho that it is not a particularly satisfying way to handle the issue. The US should be seen as standing by its stated commitments against torture.