In response to:

An Unqualified Jack Lew Will Tax and Spend

Steve539 Wrote: Jan 12, 2013 12:41 PM
kenneth416, let me recommend a good book on the "meltdown" as you say. it is Thomas Sowell's The Housing Boom and Bust. It shows clearly that Bush warned the Congress multiple times about the pending financial problems facing the nation and the Congress basically thumb their collective noses at him. The rest is history. The "bailout at government expense" is a misnomer. If you check, I believe you will find that the financial institutions are paying back all of the money, with interest, or have already paid the money back (AIG for one). Can we all say the same for the GM bailout orchestrated by Geithner which violated all of the previous established procedures in bankruptcy proceedings. A lot of people got royally screwed in that deal.

The worst part of the Jack Lew nomination for treasury secretary is not simply that he has no qualifications, standing or experience in the financial world or international sphere (think G20 and European debt crisis). Nor is it simply that he doesn't have any seasoned currency opinions (under Obama, the greenback has dropped 10 percent, while gold has doubled).

Yes, these are big disqualifiers. But the real problem is that Lew is a left-liberal Obama spear-carrier, whose very appointment signals a sharp confrontation with the Republican House over key issues such as the debt ceiling, the spending sequester, next year's...