Bonus Quote of the Day – Congress Edition

“Here’s a little tip for the congenitally clueless in Washington: Nothing destroys wealth creation like uncertainty, and you guys make the Three Stooges look like Kabuki theater.” – Stephen Green

We’ve been in “we must do something and do it today or the world is doomed” mode for six months.  Thus far, it doesn’t seem to be working out so well.

Photo: Reading Eagle

FILED UNDER: Congress, Economics and Business, US Politics, ,
James Joyner
About James Joyner
James Joyner is a Professor of Security Studies. He's a former Army officer and Desert Storm veteran. Views expressed here are his own. Follow James on Twitter @DrJJoyner.

Comments

  1. Triumph says:

    Yeah, well what do expect from Nancy Pelosi and Hair-ball Reid? Theys liberals

  2. Alex Knapp says:

    Nothing destroys wealth creation like uncertainty, and you guys make the Three Stooges look like Kabuki theater.

    Actually, it appears to me that nothing destroys wealth creation like leveraging yourself 30:1 on a security backed by a mortgage that was knowingly granted to someone with a poor credit history…

  3. markm says:

    Thus far, it doesn’t seem to be working out so well.

    It’s cause we aint printed enough money yet. Wait till this baby hits:

    http://www.iht.com/articles/2009/03/18/business/fed.php

    trows in an additional projected $2T for a Green Economy and LOOK OUT…it should be, like, totally sweet then.

  4. Steve Verdon says:

    We’ve been in “we must do something and do it today or the world is doomed” mode for six months. Thus far, it doesn’t seem to be working out so well.

    Wait…where have I heard this before? Oh yeah…

    We are being lead by a band of fools at this point. President Obama first talked the economy down to get his agenda passed, once that was over he talked the economy up. Now we have the worst of the lot, the House of Representatives, running around like headless chickens.

    And amazingly I was chastized in that post for not having a plan. None of these half-wits have a plan. They are all just flying by the seat of their pants.

  5. Bithead says:

    Actually, it appears to me that nothing destroys wealth creation like leveraging yourself 30:1 on a security backed by a mortgage that was knowingly granted to someone with a poor credit history…

    An interesting response, to which we may respond in one of two ways:

    * We can stop leveraging

    * We can stop trying to buy votes with housing.

    The first has the effect of slowing the economy as a whole, needlessly.

    The second affects the power of Democrats to win elections.

    Gee…. this is a tough one.

  6. Eneils Bailey says:

    I love the the three stooges…

    Nyuck…nyuck…nyuck…

    Love the the punch in the eye, the kick in the nuts, and the knee to the belly… Modern day Washington at it’s best.

    Washington these days is not Shakespeare on a bad
    day… it is the three stooges on a good day.

  7. Ok Alex, I haven’t done that. But I am having to deal daily with the uncertainty of knowing what Washington in its infinite infantile wisdom will do next, though shrinking credit lines, the specter of higher taxes and inflation, customers going out of business, etc.

    Any suggestions?

  8. Barry says:

    Stephen Green is a bit of a fool, isn’t he? Was he actually *conscious* for 2008? Talk about uncertainty!

  9. Herb says:

    Urgh. I think people who use the “like Kabuki theater” metaphor should have some familiarity with, you know, Kabuki theater.

    Ten bucks says Stephen Green has 1) never seen a Kabuki performance, 2) couldn’t explain what the reference even means.

    Twenty bucks says he heard “like Kabuki theater” a time or two, thought the word “Kabuki” sounded funny (it does), and repeated it without even understanding the comparison.