The wheelin' and dealin' taking place on Wall Street and in the financial sector is truly mind boggling. Sell offs, right offs, bail outs, buy outs and golden parachutes mainly at tax payer expense. And now we have the 85 billion dollar bail out of insurance giant AIG.
We are fighting and funding two wars in the mid east and losing our own cities to crime, violence and decay. The partisan eunuchs in Sacramento finally finalize a budget based on increasing California wage earners' state income tax by 10% and borrowing against the state lottery. Creative book keeping at its finest.
VP hopeful Biden says McCain is out of touch and it seems that McCain is not alone. A Federal Reserve Spokesperson said,"[A] disorderly failure of AIG could add to already significant levels of financial market fragility and lead to substantially higher borrowing costs, reduced household wealth and materially weaker economic performance." So the hundreds of thousands of mortgage foreclosures were not "disorderly failures"? Were these individuals and families not significant enough to warrant Federal assistance?
What the hell is going on? Taxpayer money is being used to fund an unwanted, lost cause war, pay off greedy CEO's and bail out failing businesses all to avoid "disorderly failures". It seems that some failures whether disorderly or not are either more acceptable or at least more tolerated. Far too many of our elected wise ones have shown themselves to be legislative and administrative failures. Even the current batch of candidates are proving to be more than "out of touch"; but could be more appropriately described as "disorderly failures".
When and where will it all end?
Wednesday, September 17, 2008
Sunday, September 7, 2008
Come September ....
Well, I survived August and I am proud to say that I saw not one second of the Beijing Olympics nor one second of the Democratic National Convention and successfully avoided seeing any of the Republican Convention this month. I did catch some of Sarah Palin's speech on a news cast and it looks like John McCain is suffering from some type of post traumatic disorder after his POW days. He may be a maverick politician; but Sarah Palin is a loose nut. She may be the female version of Dirty Harry and Rambo and the Republicans have taken quite a chance with her selection.
Of course the Republicans have always gambled with their VP choices. Remember these former Republican VP's: Richard Nixon, Spiro Agnew, Dan Quayle and now Dick Cheney. McCain has followed his predecessors by choosing yet another scary individual. One can only hope that unlike the above named four men, Palin will not be elected.
The polls are out this morning and they now put McCain ahead of Obama. Will this be another instance of the Democratic Party self destructing coupled with Republican Party chicanery at the polls? As we head toward the November election it will be a matter of who do you trust and who has been the most truthful.
There does seem to be an over emphasis and misplaced concern over foreign policy issues. This is understandable due to our recent attempt to be the police men of the world. In one of his last interviews Former President Ford stated "And I just don't think we should go hellfire damnation around the globe freeing people, unless it is directly related to our own national security." He made this statement in response to the U.S. invasion of Iraq based on the alleged presence of weapons of mass destruction.
I can only assume that most Americans would rather see better policing of our cities as they continue to look more and more like the Dodge City and Tombstone of the old west. Here in the San Francisco Bay area the morning news includes a body count based on the number of deadly shootings the night before. As our domestic problems escalate I want a President more concerned with domestic issues. I am not proposing isolationism; but it seems it is time for an American President to be more of an American President and less of a world leader. We desperately need domestic leadership and we need it now.
Of course the Republicans have always gambled with their VP choices. Remember these former Republican VP's: Richard Nixon, Spiro Agnew, Dan Quayle and now Dick Cheney. McCain has followed his predecessors by choosing yet another scary individual. One can only hope that unlike the above named four men, Palin will not be elected.
The polls are out this morning and they now put McCain ahead of Obama. Will this be another instance of the Democratic Party self destructing coupled with Republican Party chicanery at the polls? As we head toward the November election it will be a matter of who do you trust and who has been the most truthful.
There does seem to be an over emphasis and misplaced concern over foreign policy issues. This is understandable due to our recent attempt to be the police men of the world. In one of his last interviews Former President Ford stated "And I just don't think we should go hellfire damnation around the globe freeing people, unless it is directly related to our own national security." He made this statement in response to the U.S. invasion of Iraq based on the alleged presence of weapons of mass destruction.
I can only assume that most Americans would rather see better policing of our cities as they continue to look more and more like the Dodge City and Tombstone of the old west. Here in the San Francisco Bay area the morning news includes a body count based on the number of deadly shootings the night before. As our domestic problems escalate I want a President more concerned with domestic issues. I am not proposing isolationism; but it seems it is time for an American President to be more of an American President and less of a world leader. We desperately need domestic leadership and we need it now.
Subscribe to:
Posts (Atom)
