“No Man’s life liberty or property is safe while the legislature is in session”.

- attributed to NY State Judge Gideon Tucker



Monday, November 10, 2008

The Usual Hacks...er.....Suspects

Last week, the Illinois rookie Senator gathered an assemblage of mostly old, hacked-up, political oldies in Chicago to advise him prior to his first press conference as President-elect.

The Democrat had little to say of substance, and absolutely nothing resembling 'change you can believe in.'

No, thanks to his council of 'the usual suspects,' he instead babbled on about new stimulus packages 'sooner, rather than later,' and bailing out auto makers. Again. Even more expensively.

Nothing remotely creative, such as allowing the shareholders and senior managers of the auto makers to die, but giving the rank and file workers living stipends, educational vouchers for training, and bare-bones, government-paid health insurance for a year or two. Perhaps even extending such to whichever middle managers wanted to live on such allowances, too.

Instead, the newly-elected liberal regime seemed to be behaving remarkably like Bush and McCain, aiding corporate failures at the taxpayers' expense.

Isn't this just what the new Messiah accused McCain of- four more years of 'Bush's failed economic policies?'

My, my.

It seems it will be four more years of Obamanomics which looks just like what he ran against.

After scanning the NY Times picture which my partner described as 'the last supper,' which also appeared in the Wall Street Journal and on the live feeds, I saw no particularly comforting faces save, perhaps, Paul Volcker. Just tired has-beens like the ever-popular Democratic economc gnome, Bob Reich, the unremarkable Laura Tyson, and various other liberal economic dunderheads.

In case anyone hasn't noticed, Warren Buffett and Dick Parsons are hardly known as economic mavens. The former has actually stumbled outside of raw financial asset allocation, while the latter has screwed up Time Warner royally.

If all this group of political and business hacks can dream up is more aid to the failing US auto makers GM, Ford and Chrysler, you have to wonder in just what form, and when, all this celebrated change will be arriving, don't you?

'Cause it ain't happening yet.

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