2 inches of Snow here is severe weather. With it quiet around town, you would think that CPAC would leave town like every other political meeting and that would be the end of it. Michael Steele and Rush Limbaugh carried on their name-calling for national audiences today. The irony is that the Republican Party has about a 22% approval rating and Gallup has Limbaugh at 22% also. The cage match of the dwarfs.
What makes this fun is the entrance into the arena of Howard Stern who denounced Limbaugh as a traitor today. What is really needed is the return of Stern sidekick Stuttering John to wander the halls of Washington asking embarrassing questions.
Vicki Iseman, who won zero from the New York Times in a lawsuit, appeared on television to deny she ever had an affair with John McCain. Skin-crawling stuff indeed. But why do this and why now? After all Joe The Plumber has the novelty act sewed up for the time being.
Rahm Emmanuel is up to no good. He planted the idea Limbaugh was the head of the Republican Party just so the GOP would blow themselves up. What's worse he said it with a straight face. And of course they blew themselves up.
Ron Paul thinks it's pretty disgusting that a radio announcer could be the head of the Republican party and says it's all a sorry affair.
Don't expect Obama to let up on the pedal now. Republicans are admitting there is nothing much they can do to stop his budget. With Sibelius as head of Department of Health and Human Services expect to see a full court press for an early resolution on health care. Almost everyday produces some major policy changes and alot of acts below the surface to indicate that change is here and going to stay.
Today the Administration released the Bush post-9/11 memos that confirmed that the US military could engage in search and seizure in the United States without warrants. Considering yesterday's news that the Sierra club is a terrorist-linked organization,a normal citizen should be alarmed.
The Dow continued its drop today. No one has any idea where the bottom will be. More importantly, there is not a human alive who knows when the banks will rights themselves. If anything is to be expected, I imagine populist outrage at continuing to pour good money after bad into losing ventures, especially AIG. Since AIG has often been a spook front, why doesn't the Agency bail them out of their black budget?
We are waiting for the blowback from the collapse of the Central European economies. Germany nixed a bailout deal and we should expect a ripple effect throughout Europe, which will surf across the pond. The Ukraine has basically had it. There already has emerged a two-tier system in Western Europe already--Greece, Portugal, Spain are borrowing Euros at higher rates than Germany and their bonds have all been devalued. Add to this the collapse of Central Europe and we're looking at political instability.
Monday, March 2, 2009
Stoogeland in Snoozeland
Labels:
AIG,
GOP,
Howard Stern,
Katheleen Sibelius,
Michael Steele,
Rahm Emmanuel,
Ron Paul,
Rush Limbaugh,
Vicki Iseman
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