Showing posts with label Obama. Show all posts
Showing posts with label Obama. Show all posts

Monday, February 28, 2011

Is Obama Fit To Be an International Policeman?

I have always enjoyed the old line about how even a stopped clock is right twice a day. After all, in view of the recent government induced mortgage melt-down and the ongoing trillion-dollar fiscal disaster that is our government's budget, one can seriously question whether our fearless leaders in the nation's Capitol are "right" even once a day!

Which brings up a point from today's international news: Libya's dictator Gadhafi, who has a reputation for deceit surpassing perhaps even that of our own politicians, was dead on right today about one thing. He questioned our own president Obama's right to meddle in the affairs of other nations.

For one thing, Gadhafi said Obama was certainly misinformed about the situation in Libya and should stick to his own problems at home. Knowing what we know about the unreliability of our CIA and State Department, it is a fair bet that Obama is misinformed and has no "exit plan" for what will come after Gadhafi. Bad mouthing Gadhafi and freezing his assets may just allow Islamic extremists more opportunity to take over. And why is Obama now complaining about Gadhafi's human rights violations that have been going on throughout Obama's various terms in office? Is Obama just indulging in a case of piggy pile on? And for what purpose?

For another thing, and, with a real sense of sound geo-politik, as well as international law, Gadhafi reminded the ABC reporters today that "America is not the international police of the world." There we can see the stopped clock at high noon, right-on with a truth that has escaped most American foreign policy experts--we are not so Holy or brilliant that we can tell everyone else what to do. And even if we were, would it pay to antagonize everyone with our self righteous bossiness?

Obama projects the same arrogance as the far left intellectuals who always see fit to tell even us Americans what we can and cannot do. Give Gadhafi credit--he called Obama out about his sophmoric meddling in foreign affairs. If there is a reason we are not loved around the world, the blame maybe should be born by the intellectual theorists that run our foreign policy as if they were Gods on high. Results in Libya may show they have clay feet.

Monday, February 21, 2011

Obama's Money Tree and Washington's Ponzi Schemes

February 21, 2011

The latest news out of Washington indicates that our fearless leaders have not let the recent financial meltdown lessen their affection for Ponzi-type schemes. It may be recalled that the 2009 stimulus act saw the federal government lending the most bankrupt state governments billions of dollars to postpone their imminent financial crises. The loans were interest free for two years and "easily" financed by the feds because they can just print money as needed!

However, on this past December 31 the two years were up, 30 states owed $42 billion, with interest now accruing, and their resident businesses faced with increased mandated federal payroll taxes to help repay the loans. It appeared that the Ponzi scheme might unravel. The states are too broke to make any substantial repayment, and the Administration is leery of hiking taxes on the beleaguered business community. So, a tough and courageous decision was called for. Guess what we got?

The apparent "solution" will apparently come in President Obama's 2012 budget where he will propose waiving the tax increase and postponing the interest charges for two more years. Presumably he could also lend them more money and defer repayment till some future undesignated date. Thus the money tree at the Federal Reserve takes on the State deficits as well as the federal deficits. The problem is thus postponed, true to its Ponzian roots, and the escalating debt will only come home to roost at some future time.

We can only hope that some intrepid, brilliant, and unscrupulous Goldman Sachs employee will accumulate these "sub-prime" notes, securitize them, and sell them to the Chinese. Otherwise they will not go away quietly.

Wednesday, October 14, 2009

Swastika Carvings--Much Ado About Nothing?

My local newspaper has the Obama swastika story as a major front page news item, and the same story has dominated the news on most papers and TV shows for several days now. The lurid headlines refer to "An Act of Hatred," and everyone is falling all over themselves to express outrage at what they identify as "racism." Even the Secret Service and FBI are inspecting the carvings!

Are the politically correct commentators over-reacting to what could well be a schoolboy prank? No one knows why someone carved the word Obama and the ancient symbol into the grass on the 18th hole of the Lakeville golf course, but everyone is horrified. In this new age where words and symbols have taken on more significance than acts or deeds, one might well ask, 1)- is the angst over this presumed desecration justified, and, 2)- whether there is not more important news for the front pages of the papers? Is this very hyped and over-exposed incident another sympton of how the American media is so rapidly and steadily losing influence, readers and advertisers?

There is, after all, little useful discussion over the detail, history or meaning of the swastika. It may be useful to recognize that for thousands of years, the swastika has meant happy life and good luck. Today's schools and media appear ignorant about history and this is a good example, for they seem to only look at the Nazis who briefly (for about 15 years) used it to connote their idea of conquest and hate. But for buddhists and Hindus, as well as American Indians, the swastika has been a benign and religious symbol. There is in fact two completely opposite meanings for the symbol.

Furthermore, no one seems concerned about the direction of the swastika and whether the one carved in the grass was a clockwise swastika or the counter-clockwise sauvastika. Some people have tried to differentiate the two meanings of the swastika by varying its direction - trying to make the clockwise, Nazi version of the swastika mean hate and death while the counter-clockwise version would hold the ancient meaning of the symbol, life and good-luck. It is the counterclockwise presentation that was carved on the grass in Lakeville, so it is conceivable that the carver was attempting to associate good things with President Obama and should not be condemned but praised by the thought police trying to make news out of this event.

It is also conceivable that we as a people should pay more attention to actual deeds and results than the more insignificant world of utterances, promises, and statements of good intentions.