3.02.2009

War on Entrenched Interests

If any of you are NOT getting enough of Obama these days (last week's unofficial, brilliant State of the Union Address notwithstanding), you might enjoy going HERE to enjoy his weekly radio addresses. In last Saturday's he basically declared war on the entrenched special interests in Washington and told them: no more business as usual. I'm so glad we have this guy. Just consider this choice quote as a teaser:

"I realize that passing this budget won’t be easy. Because it represents real and dramatic change, it also represents a threat to the status quo in Washington. I know that the insurance industry won’t like the idea that they’ll have to bid competitively to continue offering Medicare coverage, but that’s how we’ll help preserve and protect Medicare and lower health care costs for American families. I know that banks and big student lenders won’t like the idea that we’re ending their huge taxpayer subsidies, but that’s how we’ll save taxpayers nearly $50 billion and make college more affordable. I know that oil and gas companies won’t like us ending nearly $30 billion in tax breaks, but that’s how we’ll help fund a renewable energy economy that will create new jobs and new industries. I know these steps won’t sit well with the special interests and lobbyists who are invested in the old way of doing business, and I know they’re gearing up for a fight as we speak. My message to them is this:

"So am I."


2 comments:

fst said...

I fear the cost of everything he's done and intends to do is going to throw us forever in the shitter.

I may be wrong, but I'm not so sure.

Sam said...

It certainly is a big scary lot of money isn't it? I'm afraid the banks and their derivatives have already thrown us in the shitter.

One thing i'll be looking for is how well all this is accounted for. I'm looking forward to public transparency in how the money is actually spent and accounted for, as opposed to the accounting method of pallets of cash going to mullahs.

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