Thursday, May 01, 2008

A matter of judgment

I suppose it won't get much play in the corporate media, but the gas-tax holiday story is important, very important, in demonstrating both that Obama brings a fresh outlook to Washington and possesses judgment superior to the other two candidates for President. First, McCain proposed a suspension of the federal excise tax on gasoline, and he was then quickly followed by Hillary Clinton. Obama opposed such a measure as being merely a political gesture that would have a negative impact on the problem of gasoline consumption, while offering drivers little--and only palliative--relief.

Guess who's right, according to a host of economists, including Bush's own former chief economist.

I wonder

what was the bank's first clue that the check was forged?