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Showing posts from February, 2009

SOMEONE PULLED THE CURTAIN BACK

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In the Wizard of Oz, the visit to the Emerald City found Dorothy, her dog Toto, and other companions before the Mighty, All-Powerful Oz. The uncooperative little dog pulled back the curtain from near the huge stage to reveal an elderly man running the mechanical controls to create the illusion of the intimidating Oz.

Just days into office, the curtain seems to have been pulled on Barrack Obama. An unlikely candidate for President, with just 120 days in the US Senate as experience, thrust into an electoral lead by economic events caused by his own party (CRI and federal buy-ups of mortgage paper), Obama has made his first policy push to be the "stimulus package." This package largely came from Obama's party in Congress, eager to start public hand-outs to improve their own political fortunes with constituencies ready for more pork. To those that follow it, what was missing was a really detailed analysis of where stimulus might be effective in the short run and how much it …