According to reports today, Obama is making statements that he deserves all of the credit for the $700 billion Wall Street bailout package and McCain deserves none. Ignoring the obvious part where this is a lie, I would like to pose a question instead. Is this a good idea for him to attempt to take so much credit for this?
Reading reports on his comments, one is left with the impression that the entire thing was his idea, going as far as saying “They (the provisions in the proposed bill) are identical to the things I called for the day that (Treasury) Secretary (Henry) Paulson released his package," story here:
As an aside, the thought did occur to me that this man is a master of taking credit for, well, everything that has worked. He does this by making overly broad statements on most issues. Later, when the issue is resolved, he can then say that it transpired in a way identical to the way he proposed. Obama is not the first charlatan to operate this way, fortune tellers have gotten away with this for centuries. If all of this fails, he simply re-invents what he said in the first place. He has done this on the Iraq war, Afghanistan, Iran, etc, etc, etc. The good thing for him is that he has a willing accomplice in the media.
Back to the original question though, is it a good idea to take credit for this bailout package? My thoughts are that I’m not convinced it is.
This is a plan that is not going to be popular with voters, it’s going to be tolerated. An analogy would be having your septic tank go out. You pay, what $2000, to get it fixed. Your really not happy to pay the $2000 bucks but you kow the alternative is crappy. In this scenario, Obama is the one replacing your septic tank. While you appreciate getting rid of the septic tank problem, you certainly don’t thank Obama, the septic tank guy, for sticking you with the $2000 bill.
No doubt his objective was to attempt to show leadership. He has a long ways to go though to show he has more leadership ability than the far more experienced McCain. I don’t believe this was the way to do it. If it was, his making the “call me if you need me” statement and having to be drug back to Washington last week was certainly not the best way to go about it.
This is yet more proof that, for the grace of a media that’s in the tank for him and the current affirmitive action program in place in American politics, Obama would still be a “community organizer” in Chicago.
So what are your thoughts on Obama’s aking credit for this bailout package?