President Barack Obama's expansion of the federal government into the financial sector is likely to have "devastating" effects in the long term, former Vice President Dick Cheney said in his latest salvo directed at the new White House administration. In an interview on Fox News — portions of which aired Tuesday night — the former vice president said he is "very concerned" about where the Obama administration is taking the country economically. "I worry very much that we're in a situation now where there doesn't appear to be any limitation whatsoever in terms of the spending commitments that this administration wants to make," he said. "Vast expansion in terms of the deficit, but it also says a lot about what they intend for the role of government in this society."
This kind of flip-flop might land the former Vice President a position at the National Review assisting Lawrence Kudlow write copy on economic matters!
2 comments:
"...the former vice president said he is "very concerned" about where the Obama administration is taking the country economically. "I worry very much that we're in a situation now, etc"
This sounds like an apt description of the Bush administration's accomplishments during the past eight years. The only thing we can be sure of is that the current situation is the result of eight years of intensive efforts to put as much of the country's wealth as was possible into a very few hands. What did Dicky Boy think that de-regulation of the financial industry would lead to? On top of which his personal efforts to de-regulate the Constitution hasn't had any good effect on the country to date.
Nice to know that Dick is "concerned" after taking care of all his corporate cronies and pissing on the American people. Thanks, Dick. You're a REAL patriot!
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