Wednesday, March 18, 2009

Well I was going to rant about this, but...

"Obama Administration Considers Requiring Veterans To Use Private Health Insurance For Coverage Of Service-Related Injuries"

This is what I fully intended to vent about this PM, but when I logged in I found this...

"Obama Drops Controversial Third-Party Billing Proposal for Veterans"

It sure did not take Obama long to figure out he was making a huge mistake asking veterans to pay for their own insurance to cover military service related injuries once they returned home. Thank God he came to his senses on this one - at least for now. Don't assume he is not going to bring it back up later.

What I can not wrap my brain around is that OBAMA wanted to stop paying for medical for the vets, but wants to keep handing out BILLIONS of dollars in corporate BAILOUTS. I thought he was supposed to be about the people and not about big business... Isn't this what the Dems are always saying about the Republicans... that they are controlled by big business?? Besides I thought Obama wanted to pay for EVERY BODY'S medical. This guy keeps talking out both sides of his mouth and does not seem to grasp that some of us remember news items and policy decisions from one day to the next.

I have tried to give Obama the benefit of the doubt. I did not vote for him. I never thought he would be a good president, but I truly hoped that I would be pleasantly surprised by him; unfortunately this has not been the case.

OBAMA is an incompetent boob!! Yes, I finally said it!! BOOB, BOOB, BOOB - Obama is a boob!! How this moron ever managed to fool so many people during the election is entirely beyond me. He is incredibly inexperienced and clearly has no understanding about finance, world affairs (did you hear about the cheesy dollar store DVDs he gave to a head of state and embarrassed the country) or real people.

Even the Obama cheer team is losing faith. His approval rating are dropping. according to Rasmussen the people that "strongly approve" is dropping and the people that "strongly disapprove" is rising. Strangely, he is still winning the approval of the majority of Americans. I don't get it but it appears that he is going to enjoy his free pass for a while longer, but things are already unraveling - when it actually falls completely apart, what are they going to say then???

I told them so...

"Livid Democrats demand AIG return bailout bonuses"

"Obama assails AIG bonuses as misuse of tax funds"

"Geithner Vows to Recoup AIG Bonuses as Lawmakers Express Fury"

What did they think was going to happen when they pushed that sucker through before anybody could read it or look into any aspect of it??

I am completely perplexed at the response of the Congress. I have said it before, but a person does not have to have an MBA to see that this strategy of blindly throwing money at failing companies is the most moronic, irresponsible thing they could possibly have done.

When my children ask permission to do something, I ask questions and require a 48 hour window between the request and the event to allow time to look into what it is they want to do. I may just be an ignoramous in the eyes of Congress, but my house and cars will be paid in full within 3 years and all my credit cards are already paid in full and have been for quite a while. My husband and I will be completely debt free before I am 45 years old. My children are not doing drugs and spend their time with smart kids with nice parents. I am not in denial or blind to my children's doings - I am diligent in verifying and checking up on things. In my opinion Congress could take a lesson from every good mother in the US.

Congress has pushed through bill after bill amounting to roughly $2,063,800,000,000 in the first 50 DAYS (not months or years - DAYS) of this administration without taking any time to research a damn thing because Nancy Pelosi was in a hurry to go to Rome.

Was this the kind of change that people were hoping for??

Monday, March 16, 2009

Well, well, well

Obama Says Administration Will Try to Block AIG Bonuses
President Obama says AIG's plan to pay out $165 million in bonuses is "hard to understand."

What the hell took so long??

AIG is FINALLY going to be facing a criminal investigation. Still not by the Attorney General of the United States, but by NY AG Andrew Cuomo. Hey, at least there will FINALLY be a criminal investigation...

All I can say is.. IT'S ABOUT TIME!! I have been calling for this for quite a while. Maybe if they opened an investigation sooner they could have save the TAXPAYERS some bucks.

I just hope it does not stop with AIG! There are too many big businesses handing out huge bonuses for executives running failing businesses.

Here is what Liddy (AIG CEO) had to say in defense of this BS. "I do not like these arrangements and find it distasteful and difficult to recommend to you that we must proceed with them...Honouring contractual commitments is at the heart of what we do in the insurance business. "

Hmmm. Not really impressed since we the taxpayers are paying for this crap when I am working through Spring Break and can't take my family on a vacation.

Saturday, March 7, 2009


Have you noticed how frequent Obama says the word "crisis" when speaking about the current state of the economy?

During the election, Democrats accused Republicans of "fear mongering" in reference to the Republican position that they were the best choice when it comes to Homeland Security issues. Frankly, NO ONE is dealing with Homeland security - our southern border is wide open and the whole world knows it. I believe that the Dems are also "fear mongering". Everytime Obama, Pelosi or any high ranking Dem steps in front of the podium, they are pushing for some big spending bill to save us from the financial "crisis" we are facing. Everytime they do, the market drops even more. Everytime they talk about the dire straits of the market, people are holding tighter and tighter on their wallets.

The Dems are using the financial problems as an excuse to obtain taxpayer money for every pet project they ever dreamed of and they are scaring people into going along with them. They have actually convinced people across the country that the only way to save the country from economic failure is for the Feds to swoop in and "rescue" us.

It is a load of crap!!

There is another way. If the DOJ would go in and break up all the HUMONGOUS corporations, there would be room in the market for independant business' to grow and thrive. I can not just go out an open a grocery store in Texas - I could not compete with Walmart, Albertsons or other large chains. They have been allowed to grow so big that they would kill me in advertising and their ability to buy in larger quantities allows them to purchase products at a discounted rate that a small independant can not.

If the Justice Department would break up the large corporations this would impriove the economy in two ways. First, the independants could rise up again and survive in the market. Second, it would prevent the economy from becoming so dependant on certain businesses for survival. If Ford were a much smaller company and went belly up, the nation would not be devastated. If AIG was a small business, instead of the huge boil on the country's a$$ that it really is, we would not feel any obligation to BAIL THEM OUT four or five times in a six month time period.

Our system, as originally intended, would have been great!! However, companies have been allowed to grow so big that the entire economy rests on a handful of businesses.

I say BREAK THEM UP. Make Walmart sell off the majority of stores. Make AIG split into different businesses - they are into a boatload of different enterprises. Split them up!! The failing parts will die off, the better parts will continue on. There will be opportunity for more individuals to prosper, more businesses to rise up and all the money in the country would not be in the hands of 4% of the people.

Don't let the Dems scare you into a socialist system of governement. The more control we hand over to the politicians, the more control they have over our lives!!

Monday, March 2, 2009

Are you guys watching this???

AIG is asking for more money again!!!


Has anybody else noticed that every time another BAILOUT is announced the market drops to new and exciting lows? The DOW has dropped to below 7000 after the AIG announcement this AM. Every attempt of Big Brother to fix things, they get worse.

It is mind boggling to me that Washington seems oblivious to the pattern of:
give AIG money, the market tanks, give them some more money, the market drops some more, give them MORE money, the market just keeps on dropping, so ... let's give them SOME MORE MONEY.

I have said this before, but this saying applies to so many things: you can't keep pulling peanut butter and jelly out of the cabinet and expect a ham sandwich to pop out of the mix. IF WHAT YOU ARE DOING IS NOT WORKING - DO SOMETHING ELSE!!

It reminds me of those women that wonder why they never have a relationship with a man that works, but they keep going out with the same kind of guy. You know, married, met him in a bar, whatever...

It has gotten so ridiculous that I am not even going to bash on AIG. Hey, why walk away from a good thing? Every time AIG CEO Liddy holds out his little hand, the Feds fill it with more cash. Why would AIG stop doing what they are doing??? Everyday is Christmas at AIG!!

I thought Obama was going to save us from the Bush administration. So far his administration is such a colossal disaster that I cannot see him lasting for a second term. The probelm is that he can do a hell of a lot of damage before he goes.

This is precisely why I am opposed to government run health care. If they take over, half the country will probably die within 24 months. So unless we can arrange for that half to include the least reasonable and least responsible people of society...