There have been many interesting news stories that have caught my attention the past few days, and instead of doing a typically in depth post about each, I only have time to give my slant on several at one time. So here is my news review.
Social Issues:
Murder of Abortion Doctor: Sunday, May 31 Dr. George Tiller was shot to death while attending religious services. The suspect, Scott Roeder, was soon after apprehended. Dr. Tiller was one of the few abortion doctors in the nation who would perform late-term abortions, and has been the victim of previous attempted attacks. Because of this attack, abortion clinics nation wide are beefing up security. Let's follow the logic of Scott Roeder and other anti-abortion violent protesters: We abhor the destruction of life, so we take the life of another person who performs such acts. Hmm... you become what you despise.
Dick Cheney Pro-Gay Marriage: Two weeks ago, Dick Cheney was proclaimed the anti-Obama spokesperson regarding the War on Terror. Most media commentators begged former Vice President Cheney to step away from the public eye, and shrink away into retirement. I was leaning towards the same attitude. And now he is back with vengeance, and most media outlets are heralding his return! What could make them have such a dramatic change of heart? He is for "equal rights for everybody that people ought to be able to enter into any kind of relationship they want." Cheney is pro-Gay Marriage? And what liberal biased drive by mainstream media broke this story? None other than the anti-homosexual, bigoted, unfair and completely imbalanced Fox News!!! He continued on to state that "the states ought to retain the ability to regulate and determine what's marriage and what the legal status of those unions are. It should not be a federal issue." Which I completely agree with. You do not apply for a federal marriage license, you apply for one within your own state. I am curious to see how this will change Dick Cheney's image within the main stream media. Before now he has been played as the master-mind behind all of the Bush Administrations evil doing, plotting the trampling of civil rights while smiling crookedly. Will he now be the poster child for the republican party? The democrats can only hope.
Ahhh...it's Date Night!: Us moms can appreciate any husband taking his gorgeous wife out on a much needed date away from The House, right? I could care less what the Presidential couple did on their date, but I think it is nice he held up his end of the bargain of taking his wife to a Broadway show. I just wish President Obama didn't make us, the taxpayers, go Dutch! Although President Obama paid the bill for dinner and the show, but the majority of the cost, $24,000 of traveling fees is charged to the Tax Payer Platinum Credit Card. Apparently, we have an unlimited credit limit (which sounds like an oxymoron right).
Which brings me to the next section....Economics!
Geithner's Comedy Tour: He must have Conan O'brien or Seinfeld writing his material, because he apparently had students at the University of Peking, China rolling in the aisles! His hilarious one liner that prompted the laughter was, "Chinese assets are very safe". Ba! Ha! Ha! Ha! He continued his shtick with "the Obama administration will cut it's huge fiscal deficits" and promised very "disciplined spending"! Ba-dum-ching! Drum roll please, for the final closing joke: "possibly including reintroduction of pay-as-you-go budget rules instead of nonstop borrowing. Thank you, and Goodnight!" I'm shocked that this comedic routine went over like it did, especially since China is the biggest foreign owner of US Bonds, and has slowed almost to a stop of their purchasing these bonds. I'm sure they can identify with us being like the sole shareholder of a failing company, like GM, who is inevitably filing for bankruptcy. I wonder if their leaders are saying to their people, "The US is too big to fail!"
How are we $546,668 in debt? We don't have any credit card debt, how can we possibly be half a million dollars in debt???? Oh, I forgot! The former President, George W. Bush had a Tax Payers Platinum Credit Card taken out in my name, and my household's taxpayer obligation is $546,668 for 2008. That crazy cowboy wracked up that much debt in one year!?!?!? And how much more will the spendaholic Obama administration deepen this debt in 2009? We need an intervention! Where is Dr. Drew? Or Dr. Oz? Or Suze Orman??? I'll take anyone at this point!
Too Big to Fail: Last November, the prospect of GM filing for bankruptcy would have been "devastating", according to Speaker of the House Nancy Pelosi. Congressman Barney Frank called it "particularly troublesome" and a financial expert explained that it would be "as close to reorganizing the whole U.S. economy as you could get". These were the blaring facts of why we had to bail out GM in November 2008. And yet, even with the government rushing in "To save the day!", they still had to file for bankruptcy? According to the previous fear filled comments, we need to prepare for an economic Armageddon! Wait, now they are saying what?!?!? CEO of GM, Fritz Henderson said that the reorganization allowed through filing bankruptcy "will create a leaner, quicker more customer and completely product-focused company, one that’s more cost competitive and has a competitive balance sheet". Everything is coming up roses! Where was this hope filled discussion before the bail outs? The fact that letting a company fail can only make it stronger, more cost efficient and competitive? I don't understand how anyone at this point can argue for more bail outs for any industry! Because apparently, this will be a good starting point for GM. I love the four words, "I told you so".
2 comments:
I love how you get straight to the point! I agree with you (surprise surprise!!) and that's probably why I normally don't comment, but I told you I would start commenting, and so I am! :) Next time I'll try to digest what you write better and give you a more quality comment... :)
With you on the GM situation. Bankruptcies often DO help a failing company. Take Sears, for example. I was yelling "Bankruptcy! Not Bailouts!!" before the whole wasted bailout happened. A bankruptcy will decide if the company will fail or not. That's the result of running a company so poorly for so many years.
First time to the site, by the way. Very nice!
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