Tuesday, November 11, 2008

And the Beat Goes On ......

Well, the dust has settled and both the cheering and the crying have somewhat stopped ; but the economic debacle and the financial chicanery continue. Citi Bank has apparently realized that it may be better (for the bank?) to put a moratorium on foreclosures while other banks continue with foreclosures. The giant septic tank of an insurance company, AIG, continues to suck up billions of dollars of tax payer bailout money and complain that the terms are too stiff and the interest rate is too excessive. As Bruce Willis said in the movie Die Hard .. "Welcome to the party, Pal !!" I am sure at AIG's next executive gathering at some exclusive resort there will be much complaining over the absence of top shelf liquor and the loss of Cuban cigars.

While billions of dollars are being doled out to the corporate needy the line of greedy open hands continues to grow. Now we have the U.S. auto makers, who haven't made a sound decision since the introduction of the Mustang in the early 60's, crying that their sky is falling. We have the daily batch of economic experts telling us that the auto industry must be saved as it is now described as a matter of national security. When will saving or just helping middle class homeowners become a matter of national security?

On the political front the intelligentsia of the news media are totally preoccupied with the really pressing questions of the day: where the Obama children will attend school?, where is Sarah Palin's $150,000 RNC purchased wardrobe?, and will the Obama's socialize more than the Bush's. Missing from this media saturation coverage is any report on the whereabouts or doings of the Maverick. It is like John McCain has disappeared. However; it appears that his aides and staffers have been quite busy. They are in what appears to be a junior high school drama event to soil the reputation and future political career of their choice for VP --- Sarah Palin, the next Senator from Alaska?

As San Francisco's greasy haired, big mouth mayor ("Like it or not folks") inadvertently did his part to pass Prop 8 , the McCain people did their part to defeat the Maverick --- they put forth the Queen of Alaska and her first Dude of a husband for the American public to consider. Rally after rally we were treated to the on stage site of the Maverick, his Stepford Wife, the Alaska Queen and her First Dude and to round out the court there was the smiling face of the court jester -- Sen. Joe Lieberman. Poor Joe ... where ya gonna run to now? You are not a Democrat, and you may be a Republican; but right now you are a dependent independent.

Maybe the national bird should have been a turkey.

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