Stanstamper’s Blog

February 20, 2009

Power correctly used…

Filed under: 1 — stanstamper @ 8:09 pm

In the old days when you heard someone say “feel the power,” you were probably talking about the motor on a good car, or perhaps a boat.
Now the term better suits discussions about who is in charge of state and national governments.
After all the talk about bipartisanship is made before each new session, the simple reality is that both of our political parties get enamored with themselves and begin to “feel the power.”
Time will tell, but I think President Obama missed a golden opportunity to demonstrate that he clearly stood for “change” in Washington, by not listening to national economists as the stimulus plan was being drafted. Some of the politicians and Vice-President Biden admitted they weren’t sure what they were doing.
The appearance was that the President let Pelosi and other veteran Democrats draft the plan with virtually no input from the opposition party or from the nation’s top economists.
That was a huge gamble. Now, if the plan works, he will realize the political gains that go with victory.
Should the plan fall short, he and the party will suffer the political consequences.
Also, true to bureaucratic history, all the bad stuff which is dug out of the bill will be attributed to Obama, Pelosi and company.
Though former President Bill Clinton rails at any accusations that either he or his administration should share any blame for today’s financial decline, it has been clearly shown that many of the NINJA housing loan programs and credit default swaps began with ol’ Bill.
It’s a tough pill for hard working Americans to swallow when they see their tax dollars rewarding corrupt mega-banks and poorly run insurance conglomerates. Equally tough to swallow is someone living in a $400,000 house getting financial help from the government.
Hopefully in the near future, President Obama will let the engines cool on Air Force One long enough to return to Washington and bring about some of the change he promised.
He will have to learn how to say “no” to bad ideas and consider his first veto when today’s political power-brokers promote bad ideas that reward failure, over ideas that reward hard work and financial responsibility.


1 Comment »

  1. Excellent post and oh, so true. Keep up the good work.

    Comment by Judi Barrett — March 8, 2009 @ 1:58 am | Reply

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