Obama: Bank Bailout “Necessary,” Iraq War “Dumb” | FrontPage Magazine: "“If there’s one thing that has unified Democrats and Republicans — and everybody in between — it’s that we all hated the bank bailout. I hated it. You hated it.” — President Barack Obama, Jan. 27, 2010
“I don’t oppose all wars. … What I am opposed to is a dumb war. What I am opposed to is a rash war.” — Illinois state Sen. Barack Obama, Oct. 2, 2002
This week the watchdog of the Troubled Asset Relief Program, Neil Barofsky, submitted his quarterly review and testified before Congress. In England, former Prime Minister Tony Blair also testified — for six hours under cross-examination — at a widely anticipated inquiry into the Iraq War.
TARP and the war in Iraq, begun with bipartisan congressional support, are now unpopular. In both cases, proponents argued that without action, we risked greater danger. President Obama defends TARP, which he voted for in the Senate and has expanded as President. But he bemoans having inherited a war he called “dumb.”"
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