Thursday, March 26, 2009

bernanke may be independent

I noticed a distinct difference in what the administration is selling and what Bernanke is advocating. The administration is willing to bail out banks to save the economy but they also want to spend to the hilt to "help" people across the country. I got the impression that Ben was talking about political will to cut back the excessive spending already started by the administration and focus on repairing the banking system. He sounded like he was saying we spend now on the banking system to uplift the entire country but if we can't get the Dems to cut spending and trying to rescue the country with entitlement programs we will never get the banks on their feet. I know the give aways to the public tend to be counter productive but sound like Bernanke believes saving the banks will save the economy or at least get us more stability. Anybody have the same impression? Curious to hear other opinions.

Obama smart or smooth talker

While Obama was dreaming of being president and cozying up to the Taliban and he was stock coal on the change train, he failed to shift from campaign mode to ok I am the president mode because he has no clue regarding economics or politics. The media created this guy to be their anti bush and now we are getting some of the questions answered that were never even on the table before the election or before the swearing in this year. He has no clue and every time he does an interview it is becoming more clear. He is a novice politician who used speaking skill and media free pass to get elected. He did not run for president to lead the people, he ran for president because it fulfills some narcissistic need he is carrying. I am sorry but this guy is not there for the people. He is there for himself and himself only and it is very disappointing to see such a gifted speaker come up so short on in substance and leadership. Ok team maybe if we are real nice to Iran they will turn out to be wonderful trusted friends. (tell me that is not approaching insanity)

Tuesday, March 24, 2009

President showing true colors during interviews

Obama showing true colors in interviews.
While Obama was dreaming of being president and cozying up to the Taliban and he was stock coal on the change train, he failed to shift from campaign mode to ok I am the president mode because he has no clue regarding economics or politics. The media created this guy to be their anti bush and now we are getting some of the questions answered that were never even on the table before the election or before the swearing in this year. He has no clue and every time he does an interview it is becoming more clear. He is a novice politician who used speaking skill and media free pass to get elected. He did not run for president to lead the people, he ran for president because it fulfills some narcissistic need he is carrying. I am sorry but this guy is not there for the people. He is there for himself and himself only and it is very disappointing to see such a gifted speaker come up so short on in substance and leadership. Ok team maybe if we are real nice to Iran they will turn out to be wonderful trusted friends. (tell me that is not approaching insanity)

Friday, March 20, 2009

interesting story

bloomberg article

Thursday, March 19, 2009

don't let the constitution stop you!

We are seeing the very problem that can begin to spin our country into a downward spiral. We have all agreed to give up most of what our founding fathers would call liberty. We have done this voluntarily by elected our current government in its current form. We have shown that we have been very willing to pay over half of our incomes into the IRS and allow politicians to waste most of it. Our politicians are showing how uneducated they are on the economy. they have nearly ruined the financial system as we know it and have refused to use the model of the 1990s Swedish financial crisis. Instead of nationalizing failed companies and reorganizing them to get back into the hands of the private sector they have chosen to take a path clog will clog our system for years. They failure of congress to make separation of government paramount by nationalizing in the short term we have begun to see the creeping dismantling of our Constitution.
to be continued