The stock market is bouncing up and down like Fatty Arbuckle on a bungee cord. The job numbers are just as dismal as they were last week. The CBO says we can expect unemployment to continue north of eight percent until 2016. Is it just me or is the honeymoon over?
2010 Election
As the brinksmanship over the debt limit heats up, we can still hear the progressives saying that we are in this fix because we cut taxes without “paying” them. Let’s drive a stake through the heart of that one.
I received an e-mail from my congressman introducing his new “Big Oil Welfare Repeal Act”. It was one of those proposals that was either a political ploy or demonstrative of the potential damage that can be done by politicians who spent their lives closeted from the real world in either the ivory towers of academia or as life long members of the ruling class. I wrote a reply: Click to read more
Maybe it’s just me. Perhaps not having lived in the rarefied air of academia or politics, I have a more roll up the sleeves, get some dirt under the fingernails approach to what a job entails. Today it seems that politicians like to get in front of the cameras, fire off a sound bite and then go do something more interesting.
“I always use the word extreme, that’s what the caucus instructed me to do the other week, extreme cuts and all these riders, and Boehner’s in a box but if he supports the Tea Party, there’s inevitably [be] a shutdown. – Senator Charles Schumer (D-NY)
In an article in the Wall Street Journal yesterday, Senator Marco Rubio said:
Every generation has had to confront and solve serious challenges and, because they did, each has left the next better off. Until now.
It brought to mind the movie Generation Zero, that chronicles the origins of the great financial meltdown that we have experienced. In that movie they point to one of the contributing factors the transition in power from those who lived through the Great Depression and World War II to the Baby Boomers, who knew little deprivation in their lives. Now as these boomers, of which I am one, took the reins of power, caution was thrown to the wind.
Minimal to non-existent; Unlikely; No serious reforms were on the way; Needs to take a close look; Hardly the inspiring rhetoric of Knute Rockne or Winston Churchill. Tim Bishop’s back in his congressional seat starting his fifth term in office and already the group he was meeting with, the Long Island Farm Bureau, was expressing buyer’s remorse.










