Wednesday, February 25, 2009

Address to Congress

Okay, so I didn’t watch the President’s speech to Congress last night, 2/24/09. I did however download the text. I must say I am encouraged. I was exceedingly happy to not hear him just Bush bashing, or engaging in nocuous rhetoric, after all Bush didn’t actually bring this problem about either. It was years of poor decisions by Washington, putting the hard decisions off, as well as greed, which culminated in this implosion. Then there was the basically mandatory lending to anyone and everyone. Those regulations should have been abolished. That community redevelopment act had some good to it, but now look at the mess we are in. Some of the verbiage in those plans should have been rewritten. The same thing is going to happen with this stimulus package, you wait and see. Some of the details were nothing but a recipe for disaster, and unfortunately our representatives chose to either ignore it, or worse, encourage it.
To peculate, or peculation is when someone steals money or goods entrusted to an individual or a group. I would say that the crooks of Wall Street, and our elected officials fit that description to a tee wouldn’t you?
I was glad to see that the doom and gloom rhetoric is coming to an end. What we need is more optimistic outlooks. I take exception with some of the ways Obama wants to reach his goals, but in the final analysis if the end result is what we want than I say, do it. However, and this is a big one, I fail to see how what he proposes will achieve the desired results. It seems to me as I have stated in the past that the more direct route to this stimulus would be the way to go. I really can’t see these politicians having that much money at their disposal and them not feel compelled to squander it. If history has taught us anything at all it should be that if you try the same thing time and time again and get the same results, namely bad results, it would only make sense to do something different. I know that is what we are suppose to be getting with this administration, but I only see the same ol finagling, just wrapped in a different package. As I said, I have serious doubts about the way they are going at it and I wish I were wrong, but I only see a giant cluster **** going on in Washington. (That ellipsis of the stars is because, unlike Blagojavich and some of his cronies, I see no need to be obscene here, but there is a need for expletives in certain circumstances and when dealing with politicians it quite often becomes necessary.) Well guys, I guess it remains to be seen whether any of this will work. When it all shakes out, I just don’t think it should have taken that much of our, as yet not earned, hard earned dollars to accomplish this task.

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