Thursday, October 07, 2010

The Presidents’ first taste of real power

Today, the President Vetoed an ill-conceived bill that would have given Wall Street yet another pony. This is due to the fact he did not drink the Kool-Aid handed to him by his ‘friends’ and in my opinion, he is a stronger person for it.

In my opinion, the Veto today was a very big deal for the President and hope he is now beginning to finally realize yet another role of a President; difficult decisions have to be made for your base.

I heard long ago, when raising children and they mis-behaved, you only have to give a good spanking one time and for the rest of their lives you can make references to it as needed. That’s how you can ‘carry the big stick!’ The President now has his big stick and I hope he uses it wisely.

As always,
BB
P.S. Now I can mail in my request for an absentee ballot with a smile on my face. It has been setting on the table for a few days.
Obama VETOES Big Banks' notarization sweetheart deal
by Geekesque
Excerpt:
Is Elizabeth Warren's status as personal advisor to President Obama paying off?
Today, the White House announced that President Obama will not sign H.R. 3808, the Interstate Recognition of Notarizations Act of 2010, and will return the bill to the House of Representatives. The Interstate Recognition of Notarizations Act of 2010 was designed to remove impediments to interstate commerce. While we share this goal, we believe it is necessary to have further deliberations about the intended and unintended impact of this bill on consumer protections, including those for mortgages, before this bill can be finalized.

Read more at:
http://www.dailykos.com/story/2010/10/7/908506/-Obama-VETOES-Big-Banks-notarization-sweetheart-deal

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