"Well, HE started it!!!!"

by the Cranky Housewife

I just want to make a quick note about an Obama quote that I read in the Washington Times…here’s a link to the actual article:
http://washingtontimes.com/weblogs/joe-curl/2009/Mar/08/obama-makes-oval-office-call-reporters/

and here’s the specific quote:

"I did think it might be useful to point out that it wasn’t under me that we started buying a bunch of shares of banks. It wasn’t on my watch. And it wasn’t on my watch that we passed a massive new entitlement -– the prescription drug plan -- without a source of funding. And so I think it’s important just to note when you start hearing folks throw these words around that we’ve actually been operating in a way that has been entirely consistent with free-market principles and that some of the same folks who are throwing the word 'socialist' around can’t say the same."

I appreciate that the President feels beholden to the economic travesties that occurred during the previous administration. Isn’t it a shame that he wasn’t compelled to follow President Bush’s example regarding stem cell research? I suppose “follow the leader” only holds when the leader is going in a direction that you like. Check out this link for more information on that.

http://www.foxnews.com/politics/first100days/2009/03/09/obama-lift-restrictions-stem-cell-research-funding/

I’m not sure which Econ 101 course President Obama took, but the statement that we are “operating in a way that is entirely consistent with free-market principles” is giving me one of those tiny headaches right in the middle of my forehead. Blaming the Republicans, this is a nice try. Does it remind you of 2 children standing before their parents and crying, “Well, he hit me first.” “Well, she stuck out her tongue.” “Oh yeah, he took my toy.”
As far as I’m concerned, they should all be sent to their rooms. They should not come back out until they’ve read FA Hayek’s The Road to Serfdom