No Time

clipped from www.theglobeandmail.com Mr. Obama has taken the real crisis of the U.S. (and world) economy and used it as the screen and lever for a massive agenda of transformation, a transformation that calls for expenditures on a scale never before seen in the history of government on this planet. The first expenditure, which began under George Bush's tenure, was large, but it was very specific. The financial “infrastructure” of America's economy was about to be exploded, and it was argued that government “had no choice” but to shore up the financial institutions without which there would be utter chaos in the overall economy. That was the genesis of the so-called bank bailout. After that came the stimulus package, the attempt to kick-start jobs, to get those “shovel ready” projects “out the door.” Both had to be done immediately. There was no time for review or oversight. Daring? Daring - if you believe in it. Reckless – to the point of real danger if you do not.