Finance Geek

Desperate to sell his economic plan in order to be crowned a “winner” in a political culture that equates stature with one’s ability to fleece the taxpayers, Barack Obama defended his vision on Monday given his view that “The federal government is the only entity left with the resources to jolt our economy back to life.”

Apparently untroubled by the blinding irony that defines such a naive statement, he trotted out his newly minted Treasury secretary Tim Geithner on Tuesday to offer up concrete details as to how more resources taxed and borrowed from the private sector will fund his administration’s vanity project. Needless to say, Randolph Bourne was wrong about war being the health of the state. In the modern world, economic crises exponentially trump inter-country conflict with regard to fattening up Leviathan.

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