Republican Congressional leaders on ending the Bush recession

This morning, House Minority Leader John Boehner said the following stupid thing:
"At the end of the day, the government can't solve this problem. The American people have to solve it. And the way they can solve it is if we allow them to keep more of the money that they earn."

The good news is that he is the MINORITY Leader. The bad news is that this foolishness continues to cross the lips of a person who appears to be educated, intelligent and has some political power. As his own logic points out, government must be involved in solving this problem. Who (or what) but government is going to enact these tax cuts that will solve all our problems? Not only is it illogical, but the economics of the theory are all wrong. Then there's the stupidity of the fallacy that government is against people. So much foolishness in just a few choice words.

In other economic news, incoming Treasury Secretary Geithner (who has a fucking clue) said:
"We are going to need sweeping changes, in regulatory policy, the oversight structure and in our tools for crisis management. There may be a number of ways to achieve this, but steps to be taken in the short-term include bringing standardized products within centralized clearing mechanisms and setting an effective statutory and regulatory framework for regulating all derivatives."
--and--
"I support the goal of having a registration regime for hedge funds because we need greater information and better disclosure in the marketplace. I believe that we should also establish an effective regulatory framework for derivatives dealers."

The good news is that he at least has some understanding of the regulatory shortcomings of the outgoing Bushies. The slightly bad news is that this testimony came in the midst of answering questions about his personal tax screw-up. The man understands the big picture, which is why the country needs him. He was also one of the few government officals who saw this mess coming and spoke out about in far in advance of the destruction only to be ignored by Bush appointees who were wearing rose-colored glasses.