Monday, April 13, 2009

Took a little break...but its back to business

I took a couple of weeks off to get my life in order slash absorb all of the dramatics of the financial and political worlds.  There are definitely a few key things that have been edging their way to the front of my mind.  Firstly, I was very pleased to see the swift and perfectly executed rescue of Captain Richard Philips.  I am so very thankful to be a citizen of a country that has the most talented military command in the world (and I say this with great confidence).  Those Navy SEALS were remarkable in their tactical approach to accomplishing their mission, rescuing the captain.  But here is where I am encountering a wall of giant frustration.  This crisis lasted 5 days. Correct me if I am wrong, but we didn't hear anything from Mr. Obama through the first 4 3/4 days.  Well, we heard Emanuel and Gibbs conveying how troubled the President was and how he was doing everything in his power to handle the crisis, and that he had given authority to Naval Commands in order to dissolve the situation.  And all of a sudden, once the captain was rescued, you have the associated press (de-pressed as Mark Lavin so eloquently puts it) blowing trumpets and honoring Obama for his first international crisis well handled.  (Applause).  This wouldn't have anything to do with Joe Biden famous line of "Obama will be tested internationally in the first six months of his presidency"?  Would it?  Or it wouldn't have any correlation to the AP's school-boy crush and border line infatuation with Barack Obama...would it? 

Anyways, enough about fantasized conspiracy theories and our "fair and balanced" media.  Lets move on to some recent events that are extremely note-worthy.  First off, I am excited to see how these Tax Day Tea Parties end up on Wednesday (You can find more information at Tax Day Tea Party).  I love civil disobedience, and I enjoy it even more when its something I agree with and something I can identify with.  This tax issue has reached a point of absurdity.  You have a president who promised not to tax people making less that $250,000, and economists see that number dropping down to around $90,000-$100,000.  Quite a difference huh?  I don't like paying more taxes then I have to, whether it be capital gains or income.  People get on George Bush for leaving us in debt, his online debt was around $680 billion, well those same people are so quick to forget that Obama's online debt will be $1.8 trillion by the end of 2009.  Mr. Obama will also spend more in the next 4 years then all of his 43 predecessors combined.  I heard an interesting point made on the radio today.  Lets relate this economic situation to our personal lives, if we were in debt and trying to recover our losses and stimulate or income, etc...would we be ordering new credit cards and credit lines or trying to spend more and more money? No, you would save, spend wisely, look for growth in investments, etc.  So why is our President spending trillions of dollars and increasing the tax burden on this generation and the debt burden on generations to come.  Quick side note, I found this interesting and extremely troubling: Standard and Poors has projected U.S. treasury bonds to be rated as B bonds by 2020 and Junk bonds by 2030.  That is the bread and butter of foreign investment into the U.S., turned into Junk bonds?!?!? Scary.  

Anyways, thats it for now, I'm sure something interesting will pop up in my head tomorrow.  Until then, I would like to extend my sincere (ha, ya right) condolences to Caroline Kennedy...She not only got denied from the Hilary's old senate seat, but she also just got denied by the Vatican (she was Obama's nominee for ambassador to Vatican).  Better luck next time Caroline.  

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