BERNANKE

The following is a post I wrote in November 2005.

Federal Reserve Chairman Bernanke
It would appear that Ben Bernanke is on course for easy confirmation as Chairman of the Federal Reserve, replacing Alan Greenspan.

There can be no doubt of Dr.Bernanke's academic qualifications. However, his political and economic background as viewed in light of his time in the White House raises questions in my mind. As economic advisor to Bush, he was deeply involved in the ruinous economic and tax policy decisions that have diminished the middle class, created economic malaise, wiped out the surplus left by the previous administration and ballooned the National Debt.

In the best of all worlds, the job would be strictly non-partisan, and maybe the most qualified person would rise to the top. Many think, including me, that Robert Rubin would be the logical choice. Rubin was former head of Goldman-Sachs, and a consummate Wall Street professional. His economic and monetary qualifications are without question. Many commentators have said that Rubin was the best Secretary of the Treasury since Alexander Hamilton.

If Dr. Bernanke is unable to rise above his White House days, we may be in for serious trouble.

The link is to the National Debt clock. You should worry about this.
http://www.usdebtclock.org/

BALANCE THE BUDGET

How can we balance the Federal budget and bring the deficit under control? I have the answer, STOP fighting stupid wars. Now, isn't that easy. What is the matter with the dodo birds populating the banks of the Potomac River that they can't figure out this problem? It's so simple that even an old simpleton like me can arrive at a solution. Get with it Congress!

TEA Party

The letters T E A are an acronym and stand for Turgid Effluent Aroma. Hold your nose. Put on your wader boots if you visit Congress. Bring a gas mask.

Republican Deficient

We have this deficit problem because Republicans are deficient in common sense. It goes back to Dubya and his love of war that wasn't paid for. Now we have to pay.
Of course, the Dems are dumbs also. They went along. How sad.

Shakespeare knew Congress

To-morrow, and to-morrow, and to-morrow,
Creeps in this petty pace from day to day
To the last syllable of recorded time,
And all our yesterdays have lighted fools
The way to dusty death. Out, out, brief candle!
Life's but a walking shadow, a poor player
That struts and frets his hour upon the stage
And then is heard no more: it is a tale
Told by an idiot, full of sound and fury,
Signifying nothing.
========================
Willie the Shaker knew the story. Change never comes.

TEA PARTY OR tee party?

I suggest the TEA PARTY change their name to the TEE PARTY. As in golf. It seems to me that all they want to do is PUTTer around and DRIVE our country into the ROUGH. I can only hope that they miss the GREEN, lose their BALLS and our FLAG remains standing proud.

14th Amendment, Sec. 4

Section 4. The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.