9th grade economics? 165
From Power Line:
I don’t believe Barack Obama is an idiot. Truly, I don’t. And yet, whenever he talks without a teleprompter [which now has its own blog – JB], he makes you wonder. This verbal excursion is from today’s "townhall," conducted in California before a cheering throng of, no doubt, carefully selected fans:
The same is true with AIG. It was the right thing to do to step in. Here’s the problem. It’s almost like they’ve got – they’ve got a bomb strapped to them and they’ve got their hand on the trigger. You don’t want them to blow up. But you’ve got to kind of talk them, ease that finger off the trigger.
If you’re a Democrat, maybe that reassures you that our President knows more about the economy than the average 9th grader [or more about bombs that have triggers than anyone else on earth- JB]. On the bright side, though, at least Edward Liddy knows he won’t be waterboarded!
