Obama’s Katrina

In analysis by Bruce Kaskubar0 Comments

Make no mistake, the economic crisis and Obama’s failure to create real jobs with his stimulus package means we’re looking at this president’s Katrina.

A Response to Representative Walz Regarding the American Recovery and Reinvestment Act

In analysis by Bruce Kaskubar0 Comments

Representative Walz, Thank you for providing your constituents an opportunity to provide feedback on the ARRA. Egregious, sir, is a lack of objective reflection on what got us to this point. Without an honest understanding of its causes, we cannot reasonably solve the problems caused. That is not a partisan perspective. No small part of the collapse started with lending practices encouraged and litigated by the Clinton administration. That is not a partisan observation. Those policies may have had good intentions — home ownership for the poor — but they were based on either a misreading of cause and effect or something else. It took a while for the chickens to come home to roost but roost they have. Today’s headlines include gasps of disgust because Citigroup purchased a $50 …