So Many Errors
"The nation that invented the automobile" (referring to the United States) is just the most obviously ignorant statement from Obama's speech this evening. There are so many distortions, deceptions, intentionally left out details that it just flabbergasts me.
He insisted that if we didn't something, the economy would just keep sinking--contrary to what the history of the business cycle and the Congressional Budget Office's January prediction.
He insisted that he wasn't looking to lay blame--but put the entire blame for this crisis on the financial industry and consumers who didn't think far enough ahead--ignoring the part played by the government forcing lenders to make subprime mortgages.
This guy makes Bush look like an intellectual.
It's going to be a long four years.
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