Heckuva Job, Barry

Well, it looks like our friends in the international finance community are starting to wake up to the fact that Obama and Tiny Tim Geithner are planning to inflate their way out of the fiscal insanity they are planning.  Let me suggest that Obama is going to have a wee problem funding his insane budget deficits (which are already built on crazy assumptions for Q3 and Q4 growth) if we don't  have access to the printing press.

Obviously I have never been a fan of Obama, but the budgets he is proposing, the incredible amount of borrowing they will require and the very real chance the the U.S. will lose its AAA credit rating are beyond even my worst nightmares for him.  And that's just the normal Federal budget.  The endless string of guarantees he is issuing to all sectors of the economy are a recipe for disaster.

His nonsense about "inheriting" this mess can only go so far.  The financial crisis pre-dates him, but the decision to have the Federal government backstop everything in sight while spending like Eliot Spitzer at a whorehouse on Easter Sunday is all his and it is mind-boggling.

Heckuva job, Barry.