I don't think that any economist disputes that we're in the worst economic crisis since the great depression. The good news is that we're getting a consensus around what needs to be done.
Is this money well spent? This is taxpayer money, it is going to be adding to the deficit short term and if we can't justify it, then we're not going to spend tens or hundreds of billions of dollars, just to make somebody happy, if it's not good for the economy.
Money is a guarantee that we may have what we want in the future. Though we need nothing at the moment it insures the possibility of satisfying a new desire when it arises.
FORMA PAUPERIS. [Latin] In the character of a poor person - a method by which a litigant without money for lawyers is considerately permitted to lose his case.
The trouble with our people is as soon as they got out of slavery they didn't want to give the white man nothing else. But the fact is, you got to give em something. Either your money, your land, your woman or your ass.
Welles and I differed, however, in our interpretation of the results of the Munich Conference, he being optimistic, I skeptical. In a radio address on October 3, several days after the conference, in which he described the steps taken by the United States Government just prior to Munich, he said that today, perhaps more than at any time during the past two decades, there was presented the opportunity for the establishment by the nations of the world of a new world order based upon justice and upon law. It seemed to me that the colors in the picture were much darker.