QUOTE OF THE DAY - AT 4:55 P.M. ET: From a distinguished scholar:
The major mistake that Obama is making that resembles the worst forms of Latin American government. Instead of placing the financial crisis at the center of his agenda, he is instead driving an ideological agenda with a number of items that have at best tangential relations to the root of the problem, and yet claiming that these items, like education and health spending, lie at the root of the solution. That's not true, and it will drive our debt to unsustainable levels. This is a mammoth policy mistake, and one with certain and terrible consequences.
COMMENT: Well said. Mistakes today, disaster tomorrow.
March 26, 2009
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