The problem is that borrowing money to pay back more borrowed money that will oblige you in the future to borrow even more money doesnt sound kosher. Because it isnt. – John Podhoretz
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By the time Obama came into office, Washington had already agreed over a period of a few weeks to a $700 billion government infusion into the world banking system. Nothing of the sort had ever been done before, and it was done spit spot with very little national debate. – John Podhoretz
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Obama has seen to the passage of the most radical legislation in recent American history and so-called progressives should be thanking him for it – even as many of the rest of us rear in horror from its implications. – John Podhoretz
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