Sunday, February 08, 2009

While begging the cart to pull the horse

That’s what happens when you start off wrong; you leave yourself open for massive criticism and virus infected imaginations. When you start off wrong, as did the creators of the *Stimulus Recovery Bill the projects are as porous as a sponge. This can be attributed to being either lazy or lacking appropriate foresight or both. What galls me is the fact some of the framers of the Stimulus Recovery Bill have walked the halls of Congress much longer than the President and a few of them before he was born and surely by the time he was in Elementary School. In other words, many of them have gone around the barn a hell of a long time. The words “Dizzy“ or “Barn drunk” akin to “Punch drunk” comes to mind.

The banks and the Stimulus Bill
The banks have become as stubborn as the farmer’s mule at planting time. And “…just like a tree planted by the waters...” the mule will not be moved. Banks, like my metaphorical mule, are the financial arteries, if not the aorta itself, of our society so to speak and if they do not perform their function, what to do, I ask? I will never forget how Sen. Barney Frank coddled Sec. Paulson at the hearing when the Secretary introduced his two and one half written page request for $700 billion dollars. Just listening to Mr. Frank’s opening statement lets you know something was wrong, "a fix" was getting ready to go down, and good old Barney was going to be a large part of it. In my opinion, old Barney boy was the one who pushed the bill forward by giving it credibility. He should have said to Paulson, “How dare you!!” In my opinion, if ever there was a “How dare you!” moment, it was then but then again, I am talking about starting off wrong; the cart before the horse.

Enter the Stimulus Recovery Bill. When and if the phantom money begins to flow, it will in all possibility flow through the clogged arteries of the bank with the associated complications of blood moving through clogged arteries. With banks failing like salmon swimming upstream and with increasingly cautious customers, I posit yet another example of starting off wrong. In my opinion, the Stimulus Bill should be resting on the shoulders of the banks and not the other way around. The more I think about it, the bigger the mess! Finally, what if state governors do not use the Stimulus money appropriately and leave the citizens high and dry as the citizens of New Orleans begging for their lives?

I am mindful Sec. Of Treasury Paulson begin his request for $700 billion dollars written on two and a half pieces of paper and no way did he get this much flack. This was a classic case of asking Congress to jump and they responded by asking “How high, comrade… ol’ buddy… ol’ friend?” Those two and one half pieces of paper heralding Paulson’s request for $700 billion locked one door for the take over of America by nefarious figures and I strongly suspect money from the Stimulus Bill will be another lock-down. The educational system is no problem due to the fact there is already a lock-down in place. Sen. Collins and Rahm Emanuel are effectively helping us on that front. “We can’t have no edge-u-mah-cated people runnin’ around trying to give us a hard time. We are on a mission!”

The banks and Wall Street have fled with their money and now it is up to the lesser minions to fin for themselves as they will due to the Stimulus Recovery Bill. I hope not but hey, we are talking about human nature and human behaviors. People are not dumb. They have seen how our treasury can be so easily robbed with impunity. If I were personally face with the chance to steal loads of money from our treasury and could get away with it, I say believe you-me and with no shame I would take what money I could and run like hell! I, like my predecessors, would say, “I got mine now you get yours the best way you can! It’s every man for himself now! (Blank) you!”. Damn, I hate thinking this way! It is either thinking this way or completely ignoring what I perceive as reality. Enough said. Maybe too much. Good-night.
-Nice talking with you, Mr. BB.
-Likewise, and pass me my drink over there before you leave.
As always,
BB
P.S. If the word on the street is correct the Stimulus Recover Bill is in reality the Nancy Pelosi Bill then Pres. Obama is the wrong person going around defending it. It should be Ms. Pelosi herself, wouldn’t you think? I hope Pres. Obama is not one of those late bloomers. But I guess it's OK if he is. I guess....
*Don't Do it, Obama. Please
by david mizner
Sun Feb 08, 2009 at 12:22:27 PM PST
http://www.dailykos.com/storyonly/2009/2/8/10016/76828/832/694790
Excerpt and opening paragraph:
Tomorrow Treasury Secretary Tim Geithner will roll out Obama's bailout plan. If reports are accurate, the plan is a huge gift to Wall Street and the wealthy courtesy of taxpayers. It's not just wrong; it's a political blunder. It will ignite populist anger on both the left and right, which will hamper Obama's ability to lead.

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