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Adieu, Adieu, Remember Me
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DeMint's Defense of RomneyCare is Ignorant...And Dangerous
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McConnell Pushing Vote to Block the EPA from Regulating Carbon Emissions
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More Barbour on Afghanistan
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House Passes Three Week Spending Bill
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The Spectacle Blog
Jim Geraghty notes a startling quote by Christina Romer, the chair of the White House Council on Economic Advisers, who said of Fannie and Freddie, "What is going to be the way that gets these institutions safe, gets them doing what we need them to do, which is lend like crazy, and just basically functioning again for the economy." The Obama administration seems intent on replicating the same conditions that got us into this crisis as a way of getting out of this crisis.
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Aaron| 3.23.09 @ 1:22PM
Well dip me in honey and toss me to the lesbians, lets all party like its 1999!
Matthew Vadum| 3.23.09 @ 1:39PM
Good point.
Given the enthusiasm for reactionary economics in the ranks of the victors on Election Day, it seems highly likely that they will repeat the same policy mistakes of the Hoover-FDR era. The recession we now appear to be in could, with a coordinated Big Government approach to policy, be fairly easily parlayed into a full-blown depression. (previous blog post on same topic the day after the election: http://www.capitalresearch.org/blog/2008/11/05/great-depression-20-may-be-on-its-way/)