What Would I Have Done?

This from Prof. Krugman - please follow link to original
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What Would I Have Done?

That’s the question Obama’s kinda-sorta defenders keep asking; it’s supposed to be a conversation-stopper.

But the answer is clear: I would have made a statement declaring that giving in to this kind of blackmail would constitute a violation of my oath of office, and that my lawyers, on careful reflection, have determined that there are several legal options that allow me to ignore this extortionate demand.

Now, the Obama people say that this wasn’t actually an option. Well, I hate to say this, but I don’t believe them.

Think about the history here; think about all the misjudgments, all the reasons this administration has come up with not to act — not to act against the bankers, not to act on taxes, and down the line. Think of the colossal misjudgment over Republican intentions on debt. Why, at this point, should anyone trust these people when they say that they did all they could?

It’s much, much too late for Obama and co. to say “Trust us, we know what we’re doing.” My reservoir of trust is now completely drained. And I know I’m not alone