• $642.5 billion defense bill is approved by House May 19, 2012
    The House approved a bill Friday that would provide $642.5 billion in defense spending for the next fiscal year, despite a veto threat from the White House, which objected to a series of provisions that would limit the president’s authority and challenge administration policies. Read full article >> […]
    Walter Pincus
  • Featured Advertiser May 19, 2012
    […]
  • Biden on West Virginians’ vote for felon Keith Judd: ‘I don’t blame people’ for frustration over economy May 18, 2012
    Why did four-in-ten Democratic primary voters in West Virginia earlier this month cast their ballots for felon Keith Judd over President Obama? To hear Vice President Biden tell it, it’s because those voters are taking out their frustration and anger about the economy on Obama. Read full article >> […]
    Felicia Sonmez
  • Scott Brown raising money off Elizabeth Warren Native American questions May 18, 2012
    Scott Brown raising money off Elizabeth Warren flap, Al Gore is dating, and George W. Bush is returning to the White House (for a portrait). Make sure to sign up to get “Afternoon Fix ” in your e-mail inbox every day by 5 (ish) p.m! Read full article >> […]
    Rachel Weiner
  • North Carolina same-sex marriage amendment: Confusion over domestic partner benefits May 18, 2012
    CHARLOTTE, N.C. – Mecklenburg County commissioner Bill James survived his own primary race on May 8. But it was the marquee fight over Amendment One that topped his agenda the following day. It was predicted that the change to the state constitution, with its broad language proclaiming “marriage between one man and one woman … the only domestic legal union t […]
    Mary C. Curtis
  • Mitt and Ann Romney each give $75,000 to Romney Victory Fund May 18, 2012
    Republican candidate Mitt Romney and his wife have each given $75,000 to the Romney Victory Fund, the joint fundraising group that collects money for his presidential campaign and the Republican National Committee, campaign sources said Friday. Read full article >> […]
    Dan Eggen
  • Mitt Romney plans restful break after busy week May 18, 2012
    Mitt Romney wrapped up a very busy week (Iowa, Florida, New Hampshire) with a very short speech (barely nine minutes) Friday afternoon in New Hampshire. On Saturday, the former Massachusetts governor will spend the day opening his Wolfeboro, N.H., home on Lake Winnepesaukee. Read full article >> […]
    Nia-Malika Henderson
  • Birtherism isn’t dead May 18, 2012
    Discussion of President Obama’s place of birth died down significantly when he released his long-form birth certicate. But birtherism still lives, even if it no longer gets as much attention. Nationally, conservative bloggers have seized an opportunity to raise the issue. In some places disbelief in Obama’s America origins is still strong, and politicians ar […]
    Rachel Weiner
  • Wisconsin recall slipping away from Democrats May 18, 2012
    Just two and a half weeks remain in the recall of Wisconsin Gov. Scott Walker (R), and momentum seems to be firmly on the GOP’s side. All three polls out this week show Walker leading Milwaukee Mayor Tom Barrett (D) by between 5 percent and 9 percent. Perhaps more illustrative, though, are the candidate’s personal favorability and approval numbers. Read full […]
    Aaron Blake
  • Following Obama meeting, France’s Hollande promises different approach to Afghan aid May 18, 2012
    President Obama welcomed new French President Francois Hollande to the White House on Friday, an initial meeting that came as world leaders feel a renewed sense of urgency to contain the European debt crisis. Read full article >> […]
    David Nakamura

Understatement Of The Day

“For the last year, the economic consensus, and the policy actions that have flowed from it, has been consistently behind the curve in recognizing the gravity of the problems in the housing and financial sectors and their consequences for the overall economy.”

- Former Treasury Secretary Lawrence Summers in a speech at the Brookings Institution.

2 comments to Understatement Of The Day

  • Steve Levine

    No surprise here.

    This entire pitiful administration – aka The Gang That Couldn’t Shoot Straight – has been “behind the curve” on EVERYTHING since taking office:
    the 9/11 attacks, proper armor for our troops in Iraq, response to Katrina.

    It’s best summed up by author Tom Oliphant in his book, “UTTER INCOMPETENTS.”

    “The Bush administration is unusual in many, many respects, but nowhere more so than in its trademark combination of arrogance and ineptitude. The truth is that no one had learned anything of consequence from Hurricane Andrew, no one in authority had followed any of the clear signals of approaching catastrophe in the form of Katrina, and the response to the storm’s aftermath had all the trappings of post-invasion Iraq. It was not one huge screw-up; that might have made it easier to fix.

    Instead, this was a whole series of screw-ups, beginning well before and continuing well after the hurricane hit. It marked the appearance of the familiar deadly Bush sins of ineptitude, inattentiveness, hubris, cronyism, public relations spin, ideological rigidity, old-fashioned stubbornness, and know-it-all-ism at a highest-profile moment when the country is looking for results.

    Looked at from a distance, the Bush administration’s response to Katrina resembles panic as much as a monumental failure”.

  • Joshua Rosenstock

    Oliphant provides one example of my original point about the Bush administration. When you govern with a strict adherence to an ideology, facts become mere inconveniences that can be fixed to support your policies. Additionally, no adjustments to the pre-approved policy are made after experiencing a very similar crisis (Hurricane Andrew in 1992 and Katrina in 2005) years in advance. The voters, through government produced propaganda and a lazy media, never seem to notice.

Leave a Reply

  

  

  

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>