Tuesday, March 24, 2009

No Questions

I missed the press conference tonight, but I read this post over at Talking Points Memo which notes that the press didn't ask Obama a single question about the bank rescue plan. 

This is mind-boggling. The rescue plan is an issue of surpassing import. It is a -- or some would say "the" -- necessary pre-condition to a return to economic stability. It involves an extraordinary amount of money. It's a terrifically complicated issue. Views on how to deal with it do not break down along familiar partisan lines. (Receivership makes the most sense to me which I'm pretty sure puts my position closer to that of Paul Krugman and Richard Shelby (!) than President Obama.) Seems like an especially important moment to ask the president to explain and defend his plan and answer his critics. And the press asks no questions. None. 

Or perhaps that's a feature not a bug. The press deals well with issues that are easy to understand, of little import, and that break down along familiar partisan lines. With this bank stuff they're in way, way over their heads.

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