Posted tagged ‘obama’

Whom do you trust?

April 14, 2011

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Well, no one. Then again what do I know? I trust that guy is going to stop at the red light or that woman isn’t going to veer into my lane. I trust that politicians and scientists and ball players and teachers and businessmen and environmentalists tell the truth even when it goes against self interest and ideology…
I trust my own eyes except when I don’t. I know that I feel exactly the same today about things as I did when I was 21.
So do I trust Obama? Do I trust Paul Ryan? What does that even mean? Maybe we should start with a question that has a more definite answer. Who do I not trust? That’s an easier one to answer.

The New Depression? Depressing stagnation at best

July 5, 2010

The Brits think so, calling 2010 a lot like 1932.  Voices of reason generally are calling for austerity measures to avoid a Greek debt spiral, while others (not counting the crackpot Krugman) insist that any belt-tightening must be accompanied by “ultra-loose” monetary policy.  I am not an economist.  And to point out now that monetary policy has been too loose for years (it has been) is not constructive.  We’re in the mess now.  We’ve had 70 some odd years to analyze, dissect and learn from the Depression–and no one has a clue.  I’m hearing from some quarters that we are at a stand or fall watershed moment in America, where failure means civil war.  Elsewhere we read of the end of the road for our financial system, spelling the end of our country as we know it.  But there are Pollyannas still out there.

I don’t have the answer.  But I do have a prediction:  our economy and markets are set for long term stagnation if our government continues on its current decision making course.  Things simply will not recover as we, especially those of us who entered the job market in the 1990s, think of recovery.  There are too many weights pinning us down, and there are more governmental tent pegs headed our way.  And this is best case.  Add in an exogenous event, most likely a bad one (e.g., terrorist attack on U.S. soil, Middle East conflagration, nuclear attack, etc.), and worst case scenario could be really really bad.

God knows we need strong wise leaders to rise up.  These are troubled times indeed.

Clinton: Byrd was “good people” and he really felt bad about the lynchin’s

July 2, 2010

Yes, he was a member of the Ku Klux Klan, but he was good people, and he was just trying to get elected, which I guess if you belong to Bill’s party makes it all okay.

Ah, were he (and our President) always so forgiving.


Obama: We’re headed in the right direction?

July 2, 2010

Como?  Which jobs report did they give him?

Goldman Saith: Jobs Market Worse Than Headlines Suggest…

July 2, 2010

The jobs market is bad and getting worse.  But that doesn’t stop Washington from spinning