Bubbles, Bail Outs, Barack and AIG

President Obama has been in office nearly ten weeks. Around seventy days now. The Financial Bubble bust prior to him taking the helm from the former administration. And continued to deflate well into his young presidency.

I should have mentioned “Balls” too in the title of this article. The President has many balls to juggle which requires his nimbleness, finesse, and a belief in his abilities to not just face the challenges before him but to rectify these conditions and to lead the Nation and I dare say the World back to sounder footing.

While acknowledging that the United States long term success as a nation is dependent on the rest of the G-7 nations having solid financial systems. Therefore in order to guarantee the soundness of these “Major” and “To Big to Fail” financial institutions (Where were the Anti-Trust protections.) must have a regulatory mechanism that is both transparent and strictly monitored and regulated. If this requires Congress granting new authority to the Treasury Department to do the regulating, then I say, give Treasury the power.

President Barack Obama in his ten weeks in office has done more than give parties at the White House and run around the country giving campaign style speeches. I don’t think he has lousy work habits as some of the pundits had the gall to pronounce about our President. President Obama has the world in his hands and is using his hand to wisely fix a broken system. The Nation is facing the greatest financial meltdown since the great depression. He and his team are tackling the problems head on. Time will tell whether their remedies will be curative.

President Obama named the Economy, Health Care, Education, and Energy as his top priorities for the Nations. While managing two Wars. And a growing problem on the Southern Border of the United States with Mexico all are on the President’s plate.

President Obama plan to reduce our National Debt by 1/2 of what it was under George W. Bush by the end of his first four years. The President has plans if nothing else. President Obama has a great team in his administration to assist him in making his Presidency a shinning example of American Leadership around the world.

The AIG bonuses, based on the pros and cons of this matter,I would prefer to err on the side of caution and give the bonuses to the AIG executives to retain their “Talent” to protect the Nations investment of the hundreds of billions the tax payers are on the hook for paying back.

The reality is the same Executives many of whom played a part in the collapse of the financial institution will now receive two or three million each in bonuses to keep them on board.

Like the Old Blues Song says: “Its Cheaper to Keep Her”. Its probably cheaper to fulfill the contractual obligations and keep the talent needed to navigate the complicated financial and regulatory systems. If bonuses will secure our investment grant it to them and let them get to work for the American people. We want our principle back plus interest.

Laura Ingraham’s Vitriol Towards Meghan McCain Unnecessary

I consider myself an Independent with a Democratic leaning, as such, the readers of this article  are entittled to know who and what I represent as the writer of this Dirty Republican Laundry that has permeated in recent news cycles.

At issue for those who may yet be unaware of what the “War of Words” is about is Meghan McCain being the young woman she is has been freely expressing her views and opinions as to the state of the Republican Party on talk shows and throughout the national media.  Meghan McCain is quoted as saying the Republican Party is not doing enough to appeal to younger voters among other things. 

The fact of the matter is that Meghan talked factually about relevant matters within the Republican Party and has a rather unique perspective  on what she thinks the Republican Party could do better. 

Meghan McCain did not deserve to be rewarded with personal attacks from the old heads within the party, From the likes of Laura Ingraham the publicity hound, and M. Malkkin, both rising up like two ancient dinosaurs spewing out their fiery blast of personal attacks rather than addressing the merits of the issues Meghan McCain raised.

 Why the attack?  Could it be that she is Fresh, Young, and Honest.   Plus She appears human where as I cannot say that about her critics based on the level of attacks.

Ms.McCain appears to be a take charge kind of women.  The Old Guard should welcome Meghan McCain’s fresh perspective and ideas.  They should admirer her for even caring.  Obviously there are those who seem to prefer that she did not and just sit on the sidelines and keep her views private.  

That is unlikely to happen so I suspect the Old Guard will just have to get use to the new kid on the block who says to her critics: “You can Hoof and you can Puff, but I’m here to Stay”. 

Meghan McCain comes from a family where public service has been a tradition and I think she will be in the public limelight long after Ingraham, Malkkin, and offensive conservatives like Ann Coulter and Boss Limbaugh are no longer Germaine or relevant.   If, they are today.

I reiterate, voicing her opinion on what she thought the Republican Party must learn (i.e.  how to reach out to younger voters) to become a party of choice again of the American Electorate 

Meghan McCain was Thrashed and Hashed by the “Talking Heads” of conservative radio mainly of the female persuasion which is rather fascinating on its on.   This is why it has been said:  ”One Should not do Their Dirty Laundry in Public”  because everyone will be talking about it.  Including Blogger Keeping It Real.

Rush Limbaugh’s Operation Chaos Backfires on the Republican Party, Thanks Rush!

RNC Chairman Michael Steel was a guess on CNN’S, D.L Hughley News hour Saturday 2-28-09.  Mr. Steel described Rush Limbaugh as an entertainer who who says ugly things.   The RNC Chairman said  he alone was the head of the Republican Party. 

That sounds strange to me considering Mr. Steel is an African-American heading a party perceived as a party of  rich white men who care only for other rich white men.  That however is fodder for a future article.  Now Mr. Steel is being urged to “Get to Work”. and shut his trap.

Obviously, Mr. Limbaugh was not happy with Mr. Steel’s commentary.  The following Monday March 2, 2009.   Mr. Limbaugh came out firing with both barrels.  Mr Limbaugh referred to Mr. Steel as an aspiring but unsuccessful media “Talking Head”.   Which is Rush Limbaugh’s domain. 

Limbaugh advised Mr. Steel to get to work at the RNC to come up with strategies to counter Democrats from voting in open Republican Primaries and chooing Republican Candidates.  Limbaugh said if he does not, Democrats will be choosing Republican Candidates.   

Did Rush reveal his fear in that statement?  Mr steel he said should concentrate on preventing Democrats from doing the exact same thing that Rush Limbaugh ordered his minions to do to Candidate Barack Obama during the primaries.  During Rush’s Operation Chaos, Limbaugh urged his republican and conservative listeners to vote for Hillary Clinton in the open democratic primaries to defeat Barack Obama.  Now Mr. Limbaugh has reveal his greatest fear.  That Karma, or his chickens will come home to roost on his very own lofty perch.

Democrats this is our opportunity.   Rush Limbaugh gave us a gift through his tongue lashing of Mr. Steel.  The gift is that we now have the power to vote in open Republican Primaries and we should give Rush Limbaugh and company a healthy dose of their own medicine. 

Fellow Democrats if we work together like we did to elect President Obama.  We can also choose the kinds of Republicans Candidates that will have a chance to get into office by our own chaos. i.e. vote in Open Republican Primaries.  Whats good for the goose is good for the gander. Therefore, Democrats, I am giving you the same advice Rush Limbaugh gave to Michael Steel, and that is to get to work.