As always, the background is always against this statement. He said it, he wanted to change the topic by using it, but I will measure him by it – word for word.
The question we ask today is not whether our government is too big or too small, but whether it works — whether it helps families find jobs at a decent wage, care they can afford, a retirement that is dignified."
-President Barack Obama, 1/20/09
So, this is a bit on the humorous side – and remember, this is by Obama’s Press Secretary coming ever so close to the truth but won’t admit it….Robert Gibbs:
Don’t Worry, the Obama Administration is On Top of AIG [Mark Hemingway]
Jake Tapper, who’s pretty much a one-man Robert Gibbs wrecking crew, put up this transcript from a White House press conference two weeks ago. That was when the last $30 billion infusion to AIG was announced, and AIG’s hundreds of millions in bonuses were already in the works:
TAPPER: AIG, is the administration confident that it, that it knows what happened to the tens of billions of dollars previously given to AIG?
GIBBS: Is it confident — I’m sorry?TAPPER: That they know — that you guys know what happened to the previous billions before you hand over this next $30 billion.
GIBBS: Yes — yes, the — I mean, I don’t think it’s a — well, obviously, you’ve got a huge insurance company that is losing money, not the least of which because of its sheer size and sheer size and decrease in the growth in our economy. It experiences a far bigger drop, largely because of its size. But, again, the steps that — that Treasury and — and others took were to ensure a larger systemic problem wasn’t one that we had to deal with here today in letting something just die.
TAPPER: But in terms of specifically the — I guess it’s like $150 billion before, you guys are confident…
GIBBS: Yes.
Now, ask yourself:
- What else is of "huge size"?
- What else is losing money?
- What else is using the taxpayers as an ATM machine?
- Unlike AIG, what does not realize that it is about to financially fall off the same cliff (albeit from a different path and direction?
Very good! Yes, it’s name has the letters S, A, and U (not necessarily in that order)
So, what I took away (going back to Barack) is still the thought – is it too large, and is that why it isn’t working?
Just like AIG?
