basically sound advice

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... except he doesn't really seem to have a grasp of just how awful it was for the economies that were let collapse he's mentioning here. Few in the United States, for example, have the first part of a clue about how bad it was in Russia during the nineties. That was when the few with money, Russian Mafia, bought up everything the State had owned and became billionaires, Russian Oligarchs, and who knows where to get an accounting of the number of deaths because of it? Who has part of an idea about the chaos in the streets and for all businesses? The terrorizing and gang rule and rampant horrific crime? Can't bring yourself to believe the Russians can really love Putin so much? LIKE I ALWAYS SAY, WHATEVER YOU THOUGHT, THINK AGAIN.

So, from this perspective, I can understand Obama and Congress and Bernanke being reluctant to make the fiscally prudent moves, their urge to find another way. I hope they do. But they goddam better get off their flummoxed duffs, and Obummer better stop running around like a fucking debutante while the country burns down around him, too.