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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (160454)	2/12/2009 12:53:01 AM
From: Asymmetric	Read Replies (1) \| Respond to of 362513

Scott - regarding your post: Message 25402886 It's not a matter of being or "selecting" a leftist, centrist, or right-winger. It's a matter of selecting people who are inclined AND are 'capable' of asking the right questions - so that, surprise, surprise, you can get the right answers and start moving in the right direction to solve a fiscal crisis that is on the verge of turning into a full blown worldwide economic depression. Martin Wolf said it much better than I can in his last article: "But it also seems it has set itself the wrong question. It has not asked what needs to be done to be sure of a solution. It has asked itself, instead, what is the best it can do given three arbitrary, self-imposed constraints: no nationalisation; no losses for bondholders; and no more money from Congress. Yet why does a new administration, confronting a huge crisis, not try to change the terms of debate? This timidity is depressing." The rest of the article is here and deserves a very careful read: ft.com Geithner and Summers are the wrong people because they are asking the wrong questions, and by their very "nature", ie shaped by their past historical and personal experiences - will probably NEVER ask the right questions. In other words, they are CAPABLE of asking the right questions, but they are not INCLINED to. And you can tell they are not 'inclined' because they have imposed arbitrary, self-imposed boundaries that limit what they will consider regarding solutions. If they finally do become "inclined" - it will probably be too late. There is absolutely NO hope that Pelosi, Reid, and Barney Franks will ask the right questions. None of them are either capable OR inclined. There really, is not much time left. - A.