And the best part is that it's all about him and Nancy Pelosi blaming the Bush administration, which I just talked about yesterday:
U.S. Senate Majority leader Harry Reid has said he doesn't have a clue about how to fix the financial crisis.
"No one knows what to do. We are in new territory here. This is a different game," the Democrat from Nevada said late Wednesday. In fact, Congress is likely to do what it usually does when the chips are down -- punt.
Still it's amazing that, in the biggest financial crisis since the Depression, the man in charge of the world's greatest deliberative body can't even think of the one thing everybody else has to do when times are tough: cut the budget.
It really isn't brain surgery; it's just addition and subtraction -- well, really just subtraction.
The problem is, it's so simple, probably only a hockey mom could understand it.
And that's the real issue.
It's not in Reid's interest to do anything.
A big fat financial crisis is just the ticket to see his party's nominee safely across the finish line in the presidential election.
So throwing up his hands is exactly the right political move.
But -- and it's a big but -- the current fiasco on Wall Street is still only a prelude to what happens when the U.S. is finally held to account for the combined costs of Social Security, Medicare and the trillions of dollars in debt already on the books.
Even people over at marketwatch.com are seeing Harry's full of shit. What's even better, is that he's calling him out as a failed "leader". He even flatly tells it how it is: It's a political ploy.
It's nice to see Democratic "leaders" called out for their line of BS.
Travis
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