Thursday, March 26, 2009

If this were a knock, knock joke, no one could guess the punch line!

I know we are early into this administration called the best and brightest America has ever installed, but pardon me but at this time they look more like the gang who can’t shoot straight. How many major missteps by government officials can we stand within the first 90 days? We are well on our way to finding out! Well, okay, I’ll admit it, I’m stirred up again and this is what I’m serving up on this Thursday, March 26, 2009. The President first said the stock market really wasn’t a very important indicator but has since learned that most folks are invested in it in one way or another and since most of them have lost all their savings, therefore, he has had to backtrack. They then wanted everyone to hate the executives at AIG but once the mobs showed up with the pitchforks and ropes they then wanted everyone to cool off. They enjoyed some brief cover while all this hate mongering was focused on folks we now learn had nothing to do with the derivative speculative trading that brought down their company. In addition, the President woke up one morning and found out in order to sell his toxic asset buy back program he would need the very companies he had most recently incited violence against. We need a scoring pad, don’t we?

In what has become an almost daily occurrence, our young, smartest-ever, tax-cheat treasury secretary agreed that coming up with a new world currency might be a good option. Hello? The dollar immediately tanked and he had to run out and try to back peddle his way out of a brand new fiasco of his own making. I’m not young and certainly not the smartest but I actually think that I would be aware that anything I said as the most senior economic person in our country just might have an impact on the markets. These are the folks who were going to hit the ground running with no learning curve required. If it were not for a mainstream media being a part of the administration’s PR offensive we would all be shaking in our boots in viewing the performance during these first two plus months. I actually listened to the congressional hearings earlier this week where everyone tried to out muscle the other in beating up on the AIG bonuses. Now we hear they will likely allow the absurd 90% tax bill they were so furiously proud of to die in committee, most likely during their next upcoming holiday recess. This is all happening in plain sight and being perpetrated by the folks who said the adults had finally taken over.

I fully appreciate that many are still infatuated with the teleprompter reading machine who now heads our government. But they need to pay close attention to the latest Zogby poll that says his numbers have fallen to only a 50% favorable approval rating. Zogby is a respected pollster but no friend to conservatives. I know the mainstream polls are still saying 65% but remember they are so smitten by the new team they most likely ask only those who are smitten as well. Is this sour grapes on my part? I don’t think so. Angry? You betcha, because these things matter, not only to us today, but to our great grandchildren and their offspring as well! It’s as if a new reality program called the Emperor’s New Clothes now runs daily from 1600 Pennsylvania Avenue. We can only pray that Zogby is discovering that some folks are beginning to wake up and they are remembering to once again think for themselves instead of believing everything the ‘Teleprompter-In-Chief’ is saying. The good news is that we still have a great God and a great country. But it’s our duty to stand up for both! Amen. ….More later.

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