Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Obama is the master of strategy and timing.  After the stimulus plan is activated, he will "discover" that the public finances are actually in much worse shape than he ever realised - requiring major sacrifices from all - excepting only the "middle classes" who have suffered a lot already.  Bank bail-outs of the big 6 banks will go, huge cuts in military spending, reductions in foreign "aid" to Israel et al.

The right does not have a monopoly on shock doctrine tactics.  In the short term the impact on the stock market will be catastrophic, "confidence" will suffer, but if he does it quickly enough people will still associate it with the aftermath of the Bush years.

He then has three years to rebuild the economy on a much more sustainable base... if he is not assassinated first

notes from no w here

by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Sat Jan 31st, 2009 at 02:21:51 PM EST
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