The Washington Times writes that later, Mr. Messiah called the reporters saying,
"It was hard for me to believe that you were entirely serious about that socialist question."Obama went on to explain
"I did think it might be useful to point out that it wasn’t under me that we started buying a bunch of shares of banks. It wasn’t on my watch. And it wasn’t on my watch that we passed a massive new entitlement -– the prescription drug plan -- without a source of funding. And so I think it’s important just to note when you start hearing folks throw these words around that we’ve actually been operating in a way that has been entirely consistent with free-market principles and that some of the same folks who are throwing the word 'socialist' around can’t say the same."NYT asked, "So whose watch are we talking about here?"
Resident Obama answered,
"Well, I just think it’s clear by the time we got here, there already had been an enormous infusion of taxpayer money into the financial system. And the thing I constantly try to emphasize to people if that coming in, the market was doing fine, nobody would be happier than me to stay out of it. I have more than enough to do without having to worry [about] the financial system. The fact that we’ve had to take these extraordinary measures and intervene is not an indication of my ideological preference, but an indication of the degree to which lax regulation and extravagant risk taking has precipitated a crisis."For all his vaunted political acumen, Obama is often exceptionally obtuse. He was much better off leaving the socialist question as first answered. After his explanation, he left no doubt he was saying George W. Bush is a socialist which is prima facie ridiculous. Then he goes on to make excuses for his own performance which has tripled the federal budget in just his first six weeks by increasing the spending to fix the financial crisis which is akin to advising Captain Edward Smith of the Titanic that all he needs to do to prevent the loss of his ship is to hit another iceberg.
Like the Titanic, Obama is going down.
The life of Indigo Red is full of adventure. Tune in next time for the Further Adventures of Indigo Red.