Obama Economic Adviser Bemoans 'Excess of Fear'

You've got to be kidding me. Hey, Larry, go talk to your boss about the excessive fear.

President Barack Obama's top economic adviser said Friday the nation's economic crisis has led to an "excess of fear" among Americans that must be broken to reverse the downturn.

"Fear begets fear," Lawrence Summers, the president's director of the National Economic Council, told a forum.

Uh, who's been the one preaching fear?

"It is this transition from an excess of greed to an excess of fear that President Roosevelt had in mind when he famously observed that the only thing we had to fear was fear itself," Summers said. "It is this transition that has happened in the United States today."

So in order to tell people to not be fearful, he invokes the president from the Depression.

I fear these people have no clue.

Just yesterday, after two years of fearmongering, Obama realized such a purposeful strategy to instill fear had probably worked all to well and perhaps too many people were living in fear. Funny how that works.

On cue, the markets are dipping today after Obama opened his piehole.

Novel suggestion: How about shutting up?