Sunday, September 21, 2008

OBAMA: IT'S NO PLAN Recently posted on the campaign blog:
Thus far, the Administration has only offered a concept with a staggering price tag, not a plan.

Even if the Treasury recovers some or most of its investment over time, this initial outlay of up to $700 billion is sobering. And in return for their support, the American people must be assured that the deal reflects some basic principles.
He goes on to enumerate a whole bunch of sensible principles.

But will he have the courage to stick his neck out on this? Even as Sen. Chris Dodd (D-CT) and Sen. Chuck Schumer (D-NY) seem to be bowing down before Hank Paulson as some sort of savior?

We can only hope.

CONTRAPOSITIVE is edited by Dan Aibel. Dan's a playwright. He lives in New York City.