Reply #25: I understand the frustration, as I am feeling it myself.

[FrenchieCat]

However, we must keep things in perspective, and understand a couple of facts.

1. On November 4th we elected Barack Obama as President.
a) he has staked his presidency on the recovery of our economy.

2. Barack Obama is a capitalist.
a) He is not a socialist as has been rumored by the GOP.
b) He is not about to become a socialist, no matter how much Mr. Krugman insists that he should.

3. The President chose his cabinet members and appointed his White House economic team.
a) The cabinet members were confirmed.
b) The economic team is short handed, and they have been working on this night and day to make up the slack.
c) Geithner and Summers were chosen by the Prez for what they know about the financial system, both nationally and globally. They have the type of knowledge and history to understands all of the intricacies of the system, and he has confidence in them. They serve at the pleasure of the President.

4. Barack Obama has listened to and studied the various options available to him, and has to decide which is the best alternative in order to return the ecomomy to a place of strength, based on a situation that has not real equal in the history of mankind (and no, The U.S. is not Sweden). Again, he has staked his presidency on making the right choice. Not the most expensive, not the easiest, not the cheapest, not the most complicated, but the best in his estimation according to all that he knows.

5. Barack Obama is now presenting his plan that he has chosen....although my understanding is that there are more parts not yet announced.

6. Barack Obama must be given the chance to implement his chosen plan without people who don't truly understand exactly what is going on due to their limited understanding of financial systems and what it takes to fix them yelling and shouting about money.

There is a sad thing going on around here that has to do with people not understanding that theories are just that, and that none of them are fool proof, and that each has drawbacks. What we want to be sure to avoid, in order to be fair to the new President, is not jump on a bandwagon and claim absolute knowledge of what is and what isn't.

7. If the economy has not recovered in a way acceptable to voters, on Election Night 2012, we will let Obama know.

In otherwords, we have to be reasonable and studied.

Paul Krugman is one of many economists....all who have their own theory, some are the same and some are not. Some, if not all of the theories could work, and/or some may have unintended consequences that have not been foreseen. Since they are not accountable for the results of their theory if it is implemented by someone else, they can only opine.

I think it is good to put ideas out there, and I think a lot of that has been going on.

However, at some point the debate has to end in reference to this specific subject, and the plan chosen by the President has to be allowed to work, or not.

And at some point, it is true, they can do a great disservice to this President, because they refuse to conceed (think Norm Coleman) and allow the President to be the President.

Folks can scream "It's my money" all they want, but since we are operating in deficits, it is really the Chinese's money. Obama has promised to cut those deficits, and so we will have to see about that as well.

What I can tell you is this; there is not one right answer. But regardless if some like it or not, we are a capitalistic country, and Barack Obama will not turn it into a socialistic one. Those who want that, shouldn't hold their breath. It ain't gonna happen. So the next time there is an election, those folks should vote for a socialist.....and then that person can nationalize the banks on a dime, no hesitation.

Till then.