Archive for the ‘energy’ Category

Gregg Goes From Bipartisan Symbol to Top Obama Critic

March 28, 2009

Sen. Judd Gregg, who was President Obama’s commerce secretary nominee until withdrawing his name from consideration, has emerged as the toughest critic of the president’s handling of the economy and has helped galvanize Republican opposition to Obama’s policies.

Fox News
At first, the relationship between President Obama and Sen. Judd Gregg looked like love at first sight, proof that opposites do attract.

Obama is a 47-year-old left-leaning Democrat who believes in the power of government to solve people’s problems. Gregg is a 61-year-old New Hampshire Republican who advocated limited government and made millions through business investments.

Their unlikely partnership seemed destined to transcend partisan lines and symbolize the change that Obama promised to bring to Washington.

But Gregg, who was Obama’s commerce secretary nominee until withdrawing his name from consideration, has emerged as the toughest critic of the president’s handling of the economy and has helped galvanize Republican opposition to Obama’s policies.

He warned on Monday that Obama’s $3.6 trillion budget proposal will lead to unsustainable debt levels and send the country on a fiscal path resembling that of a “banana republic.”

Gregg kept up his attacks on Obama’s budget request Saturday in the weekly Republican radio address, saying the path to prosperity is not the excessive spending proposed by the president but limited spending that holds down the growth of government, taxes and debt.

The senator said Obama’s proposals “represent an extraordinary move of our government to the left.”

He said Obama “is not trying to hide this; in fact, he is very forthright in stating that he believes that by greatly expanding the spending, the taxing and the borrowing of our government, this will lead us to prosperity.”

Like most relationships, this one began with mutual admiration, respect and trust, with flowery compliments flowing between each other.

At their first public appearance together a week-and-a-half before Valentine’s Day, Obama called Gregg “a master of reaching across the aisle to get things done. He will be an astounding addition, a trusted voice in my Cabinet and an able and competent ambassador … I can think of no finer steward for our nation’s commerce.”

In turn, Gregg praised Obama’s economic stimulus proposal to stabilize the economic slide and pull the country out of recession as an “extraordinarily bold, aggressive, effective and comprehensive plan.”

Read the rest:
http://www.foxnews.com/politics/first100d
ays/2009/03/28/gregg-goes-bipartisan-sy
mbol-obama-critic/

In his radio address Saturday, Gregg countered each of Obama’s policy principles:

— “It is the individual American who creates prosperity and good jobs, not the government.”

— “We believe that you create energy independence not by sticking Americans with a brand new national sales tax on everyone’s electric bill, but by expanding the production of American energy … while also conserving more.”

–“We also believe you improve everyone’s health care not by nationalizing the health care system and putting the government between you and your doctor, but by assuring that every American has access to quality health insurance and choices in health care.”

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Leave The Lights On: There’s Work To Do That Is Worth Doing, Even If We’re Tired

March 28, 2009

I am tired of meaningless, symbolic acts and endless political promises and blather and lack of taking responsibility in the year of the Oh-Bombastic.

I am tired of Barney Frank and Tim Geithner…..

And I am tired of just refusing to do the hard work to figure out how we could make America better.

This presidency has become “The Obama Show.”  When does he work and stop talking?

We’ll leave the lights on for THAT, Barack…..

If we work, and leave the lights on, and read and think we mights have some better ideas.

I fear Barack is talking to people with no lights on….

Here are a few more reasons to leave the lights on:

–To figure out how to handle global warming without ending productivity and growth in the USA….or anywhere else…
 U.N. ‘Climate Change’ Plan Would Likely Shift Trillions to Form New World Economy

This is a developing essay and not yet finished…..

–To figure out how to have health care reform without having health care rationing….
How Health Care Reform Can Kill Good Medicine

Natasha Richardson’s Story Saves Girl’s Life

–To figure out how to focus upon students and learning and not just teachers and money….

–To figure out, as we just passed the 30th anniversary of Three Mile Island, how to get past our fears of nuclear power (as the French have) and light up our world forever….We are not in the Jane Fonda world of the China Syndrome: just ask the U.S. Navy or any nation with nuclear power….

–To figure out when we’ll drill in the Arctic Reserve….safely… I mean we went to the moon and I am expected to believe Obama’s “Big Oil” lie that we can’t get money and oil out of Alaska without killing the planet?

–To figure out how to get the Republicans in America to wake the f &*^%$# up…….

–To teach the Congress why a 90% tax on anyone is a bad idea…..

Do we want to revive our economy, or do we want to punish the bankers?

As Joe Biden says, “Are you f ^%$#*& ing kidding me?”

I am tired of capers like the stimulus: my money gone and congress didn’t have time to read the bill and the president said it was a really super-duper crisis like all his others…. so we have NO HOPE of getting it right…. like Afgahanistan and now we have adopted Pakistan too?  I thought this was the anti-war president?

Obama Stimulus Job Numbers for Massachusetts “Manufactured in Washington DC”

I’m tired of class warfare….

Class Warfare? Obama Tears Down Rich Instead of Inspiring Others To Get Rich

I am tired of looking at my children and grandchildren while I know I am living a lie because they will have to pay off the debt someday….and my house is paid for…I’m talking about the Obamadebt….
The Democratic Congress’s Cover-Up; Our Biggest Danger

I’m tired of fakes who lip synch and are praised as entertainers…. and for giving a complete show….

Britney Spears delivers a complete show

Michelle Malkin:
http://michellemalkin.com/2009/0
3/28/leave-the-lights-on-celebrat
e-human-achievement-hour/


At the top of the U.S. government we have this guy, Obama, Nancy Pelosi and Joe Biden.  Really?

Obama Talks About “Making Hard Choices,” But Budget Is “Have It All Now”

March 26, 2009

Do not, as some ungracious pastors do,
Show me the steep and thorny way to heaven;
Whiles, like a puff’d and reckless libertine,
Himself the primrose path of dalliance treads,
And recks not his own rede.
Hamlet, I, iii, 51-55

Standing before millions of cheering admirers on January 20, the newly christened President Obama decried “our collective failure to make hard choices and prepare the nation for a new age.” This idea — that our nation has suffered because we have punted for too long on difficult decisions — was a key theme during Obama’s campaign, and it has been repeated with the frequency of a corporate ad jingle in the early days of his presidency.

By Philip Klein
American Spectator

At last month’s White House Fiscal Responsibility Summit, Obama declared that, “In the coming years, we’ll be forced to make more tough choices, and do much more to address our long-term challenges.” He reiterated this point during Tuesday night’s primetime press conference.

“What I’ve said here in Washington is that we’ve got to make some tough choices,” Obama said. “We got to make some tough budgetary choices.”

Obama is correct in his diagnosis. The central failure of the Bush era was the belief that we can do everything we want — cut taxes, expand military and homeland security spending, fight two wars, give prescription drugs to senior citizens, increase federal funding for education and energy — and do it all without facing any long-term costs. It was a philosophy that was also reflected in Americans who bought houses that they couldn’t afford and financial institutions that issued loans on borrowed money at an unsustainable pace.

The $1.3 trillion deficit and the weakened economy that Obama is all too eager to remind us he inherited has been the direct result of a stubborn refusal to accept necessary tradeoffs and face the reality that we can’t have everything that we want.

Unfortunately, while he fancies himself a courageous leader, Obama’s budget does not reflect hard choices. He is telling the American people that we can spend trillions of dollars on an economic stimulus package, a housing bailout, and multiple financial bailouts without experiencing inflation or requiring broad tax increases. He is insisting that we can save money by providing health care for every American, that we can accomplish this without rationing care, and that the quality of medical treatment will improve. He is promising that we can save money by throwing more federal dollars into energy and that we can increase federal spending on education while cutting taxes on 95 percent of Americans.

The White House has not offered actual numbers to back up Obama’s claims about this utopian fiscal future, and the only numbers we do have undercut his points entirely.

Last week, the Congressional Budget Office released an analysis of his budget, and it found that his policies would more than double the public debt to $17.3 trillion by 2019, equal to a staggering 82.4 percent of the economy.

While Obama’s budget is named, “A New Era of Responsibility,” when questioned about his deficit claims, his first instinct is to point fingers. During Tuesday’s press conference, he snapped, “as I recall I’m inheriting a $1.3 trillion deficit.” This may be true, but since taking over, Obama has already increased the projected 2009 deficit to $1.8 trillion, according to the CBO. As comedian Jackie Mason quipped recently, “If I inherited a fire, does that mean I have to make the fire bigger and worse?”

Obama also reiterated his claim that he will cut the deficit in half within five years. It’s true that according to projections, the deficit will drop during that time period, but this argument is a red herring.

Given that the annual deficit will be jacked up to $1.8 trillion in 2009, cutting it in half within five years is no landmark achievement, because the deficits are expected to shrink naturally assuming the economy recovers. In fact, if we were simply to follow current laws, the CBO estimates that the cumulative deficits for 2010 to 2019 would be $4.4 trillion, or less than half the $9.3 trillion that would result from Obama’s budget. Also, while the deficit does decrease in 2011 and 2012, it starts to grow again the following year.

On the campaign trail last June, Obama declared that the Bush administration was “the most fiscally irresponsible administration in history.” At the time he made that statement, Bush’s record deficit was $413 billion in 2004. Yet according to the CBO, if Obama’s budget gets passed, the deficit will never be lower than $658 billion during his time in office should he serve two terms.

During Tuesday’s press conference, Obama argued that part of the reason that the CBO’s data is worse than the White House projections is that the CBO assumes a lower rate of economic growth. But even looking at the rosier estimates, the Obama administration still projects the public debt exploding from $8.4 trillion in 2009 to $15.4 trillion by 2019.

Related:
The Great Give Away of Taxpayer Money By Bigger and Bigger Government

President Tries To Harness Public Anger To Move His Budget

March 26, 2009

In attempting to harness public anger over the financial crisis on behalf of his budget, President Obama is confronting the politically uncomfortable fact that the success of his long-term agenda and Wall Street’s recovery are intertwined.

By Alec MacGillis and Scott Wilson
The Washington Post

That acknowledgment is reflected in the president’s shift in tone from his tempestuous town hall appearances in California last week to Tuesday evening’s more sober appraisal of who is responsible for the frozen credit markets, insolvent banks and burst real estate bubble.

He condemned Wall Street “Ponzi schemes, even when they’re legal, where a relatively few do spectacularly well while the middle class loses ground” during a March 18 town hall event in California’s Orange County, which is now closing elementary schools because of falling property tax revenue. Back inside the Beltway, the president said during his prime-time news conference that some of us “can’t afford to demonize every investor and entrepreneur who seeks to make a profit.”

In the balance as he attempts to walk this line is Obama’s long-term agenda, embodied in the budget he was selling on Capitol Hill yesterday and which a House panel passed on a party-line vote late last night. To build public support for his $3.6 trillion package of plans to reform health care, energy and education, Obama is attempting a kind of transference — persuading Americans that the excesses crystallized by bonuses for the AIG unit at the center of the financial collapse can only be fixed by the systemic overhaul of the economy represented by his budget.

Read the rest:
http://www.washingtonpost.com/w
p-dyn/content/article/2009/03/2
5/AR2009032503117.html?hpid=
topnews

Brawl over Obama budget brews in Congress

March 24, 2009

Barack Obama is preparing for one of the toughest fights of his young presidency as Congress begins work on a budget that may trim his spending plans but back his healthcare, energy and education proposals.

By Richard Cowan
Reuters

Obama will meet fellow Democrats in the Senate on Wednesday to try to shore up support for a budget blueprint that likely would increase the deficit more than initially estimated by the White House — it was forecast at $1.4 trillion for next year.

 

The House Budget Committee will begin a marathon session on Wednesday to write its version of the budget plan, followed a day later by the Senate Budget Committee’s unveiling of its budget plan for fiscal 2010 and the four subsequent years.

 

Republicans say Obama’s budget plan expands government and raises taxes on the rich and small businesses at a time when the country is mired in a deep recession. Obama, for his part, is trying to keep fiscally-conservative Democrats on board.

 

Democrats, who control Congress, are looking for ways to shave some of the spending requests in a bid to persuade enough fiscally-moderate members of their party to support a $3.55 trillion budget next year.

 

“I’m hopeful we can have a majority of the House and Senate support” a budget plan, said a cautious-sounding House Majority Leader Steny Hoyer.

 

Democrats, said Senator Patty Murray of Washington, a senior member of the Senate Budget Committee, want to “put the middle class first and bring the country out of the recession.”

 

To do that, Murray told reporters, Congress must invest more in education, healthcare and alternative energy to create jobs, while shoring up domestic programs that she said were largely ignored in the eight years of the Bush administration.

 

“Now is not the time to sit back and criticize,” Murray said in a open warning to Republicans.

Read the rest:
http://www.reuters.com/article/politicsNews/id
USTRE52G3OX20090324?feedType=RSS&feedN
ame=politicsNews&rpc=22&sp=true

Obama Spending, Tax Plans Likely Out The Window As CBO Predicts Much More Debt

March 20, 2009

President Barack Obama‘s budget would generate deficits averaging almost $1 trillion a year over the next decade, according to the latest congressional estimates, significantly worse than predicted by the White House just last month.

The Congressional Budget Office figures, obtained by The Associated Press Friday, predict Obama’s budget will produce $9.3 trillion worth of red ink over 2010-2019. That’s $2.3 trillion worse than the White House predicted in its budget.

By ANDREW TAYLOR, Associated Press Writer

Worst of all, CBO says the deficit under Obama’s policies would never go below 4 percent of the size of the economy, figures that economists agree are unsustainable. By the end of the decade, the deficit would exceed 5 percent of gross domestic product, a dangerously high level.

The latest figures, even worse than expected by top Democrats, throw a major monkey wrench into efforts to enact Obama’s budget, which promises universal health care for all and higher spending for domestic programs like education and research into renewable energy.

Barack Obama
Getty Images

The dismal deficit figures, if they prove to be accurate, inevitably raise the prospect that Obama and his allies controlling Congress would have to consider raising taxes after the recession ends or paring back his agenda.

Read the rest:
http://news.yahoo.com/s/ap/20090320/a
p_on_go_pr_wh/obama_budget

“Look Beyond the Smoke Screen”
Michelle Malkin
http://michellemalkin.com/2009/03/2
0/look-beyond-the-bogus-bonus-smokescreen/

Bush Defiecit not nearly this large: Related:
http://liberaledu.wordpress.com/2009/03/20
/first-signs-that-obama-economy-is-dangerou
sly-close-to-sinking-the-us/

The End of America As We Knew It?

March 20, 2009

Helicopter Ben Bernanke’s Federal Reserve is dropping trillions of fresh paper dollars on the world economy, the President of the United States is cracking jokes on late-night comedy shows, his energy minister is threatening a trade war over carbon emissions, his treasury secretary is dithering over a banking reform program amid rising concerns over his competence and a monumentally dysfunctional U. S. Congress is launching another public jihad against corporations and bankers.

Terence Corcoran, Financial Post 
Published: Friday, March 20, 2009

As an aghast world — from China to Chicago and Chihuahua — watches, the circus-like U. S. political system seems to be declining into near chaos. Through it all, stock and financial markets are paralyzed. The more the policy regime does, the worse the outlook gets. The multi-ringed spectacle raises a disturbing question in many minds: Is this the end of America?

Probably not, if only because there are good reasons for optimism. The U. S. economy has pulled out of self-destructive political spirals in the past, spurred on by its business class and corporate leaders, the profit-making and market-creating people who rose above the political turmoil to once again lift the world out of financial crisis. It’s happened many times before, except for once, when it took 20 years to rise out of the Great Depression.

Past success, however, is no guarantee of future recovery, especially now when there are daily disasters and new indicators of political breakdown. All developments are not disasters in themselves. The AIG bonus firestorm is a diversion from real issues , but it puts the ghastly political classes who make U. S. law on display for what they are: ageing self-serving demagogues who have spent decades warping the U. S. political system for their own ends. We see the system up close, law-making that is riddled with slap-dash, incompetence and gamesmanship.

One test of whether we are witnessing the end of America is how many more times Americans put up with Congressional show trials of individual business people and their employees, slandering and vilifying them for their actions and motives. And for how long will they tolerate a President who berates business and corporations as dens of crime and malfeasance? If the majority Americans come to accept the caricatures of business as true, then America is closer to the end of its life as a global leader, as a champion of markets and individualism.

But America is at risk in other ways, especially in the technical business of setting and executing policy. The presidency of Barack Obama has set out on a course that has no precedent in U. S. history. Franklin D. Roosevelt, whose New Deal transformed the U. S. economy during the Great Depression, pushed America off on a sharply different political and ideological course. The Obama administration is different in many ways, not least in its supreme self-confidence in its methods and objectives.

Reform of health care, environmental policy, education, energy, banking, regulation — every nook and cranny of the U. S. economy has been put on alert for major change. Expansion of government spending, plunging the U. S. into unprecedented deficits, is without parallel. In economic policy, through regulation and control of energy output, financial services and monetary expansion, the U. S. government has embarked on a fundamental reshaping of America. It is designed, in short, to bring on the end of America.

The spillover effect of all this on the rest of the world promises to be dramatically disruptive. The greatest global risk is in monetary and currency policy. Below is a chart that graphically demonstrates the sharp deviation in monetary policy from past norms. Under the chairmanship of Ben Bernanke, the Federal Reserve is in the midst of a giant economic experiment, flooding the world with U. S. dollars, hoping that flood will stimulate economic activity.

The total monetary base, already at astronomical levels, is now expected to take another big hit with the new Fed policy of buying up U. S. longer-term treasury bills in a bid to drive down long-term interest rates.

Mr. Bernanke is sometimes known as “Helicopter Ben” because he once in an academic paper referred to the use of “helicopters” full of money to rescue an economy from deflation. In comments Wednesday to explain the Fed’s new policy of buying $300-billion in U. S. treasury bills, Mr. Bernanke noted that the Fed is now more worried about inflation being too low than about it getting too high in the future.

For the rest of the world, however, the worry is that America is at risk of becoming the fountainhead of a new inflationary outburst. The U. S. dollar is now in decline, gold is moving sharply higher, and new global currency turmoil is on the horizon.

It may not happen. A paper just published by the Federal Reserve Bank of St. Louis, source of the chart below, says that the Fed will have to be prepared to absorb all the excess money it has poured into the U. S. economy. It will be a technical and political challenge unlike any central bank has ever undertaken. The future of America is at stake.

http://www.financialpost.com/opinio
n/story.html?id=d4939fef-48a8-4
db2-8fcf-4d82e6e87a56

President, Congress Preach More Spending While Kitchen Table Voters Try To Save Responsibly

March 20, 2009

The clear message from this president and this congress is that we can spend our way out of the recession.

The president, a master campaigner, has also volunteered to be a master spender on health care, the environment, education, energy and more.

He has already just about guaranteed that the congress — a pack of spending campaigners — will assist him as enablers.

Just as congress assisted Mr. Obama on the stimulus.

So the president is asking for campaign-style signature pledges from voters to support his spending ideas.  That’s why he went to California.  The Jay Leno fiasco was unnecessary entirely  — and off message entirely.

The president is intent upon showing that the future of America is all about what we spend now.

The message from Washington is spending: even as the voter at home is seeking fiscal responsibility for every member of the family.

And the president  even wants those at home to spend more at WalMart and Target to help the economy along.

He’s urging fiscal irresponsibility upon voters and congress.

But this is counter-intuitive to a voter who lost a job and faces forclosure or other economic calamity.

Around the kitchen table, voters are trying to figure out how to limit their spending.

And the prsident who talked so mush about crisis and catastrophe is now saying the economy is not so bad and we should have confidence.

Too late.

US President Barack Obama, seen here on January 29, 2009, sits ... 
US President Barack Obama, seen here on January 29, 2009, sits alongside Treasury Secretary Timothy Geithner

Confidence is draining from the American voter faster that the president can patch the leaks.  Going after the AIG bonuses is understandable and right; but that is only a slight drip and not even a trickle.

The deluge in spending from the stimulus and the omnibus: to the tune of $1 billion per hour in this president’s first 50 days, is staggering, along with the interest payments and national debt.

But it isn’t  deluge of water.  It is a deluge of money and confidence and political capital: the lifeblood of a president.

And Obama’s cohorts in all this excite no confidence at all: Geithner, Pelosi, Dodd, Barney Frank, Harry Reid and the rest.

Related:
President’s Economic Team in Trouble: Especially Geithner

 Teachers Ask Pelosi, Dodd For Teaching on “American Values, Truth, Honesty, Competence”

World Gasps In Horror as U.S. Stumbles, Fumbles Over $165 Million

Obama the centrist, pragmatic problem-solver is gone: now liberal spendathon, no accountability

March 19, 2009

Obama is pursuing a traditional liberal agenda…. support of the $787 billion stimulus bill, his $3.6 trillion budget proposal, his tax proposals, his health care proposals, his environmental proposals, his flexibility on earmarks …. Where did my old Bro Go?

Now we have a liberal president, a teflon president, a telegenic president and a telepromter president.

And we are about to have a confiscatory 90 percent tax president and congress.

Never mind that the AIG bonuses were legal, protected by the “stimulus” written by this congress and signed by this president.  Ooops.  We goofed so you’ll pay.  The consequences are all yours: please excuse the president, congress, Treasury and Fed…..

A bait and switch president….

Welcome to the New America.

News at eleven followed by Jay Leno and Barack on the National Barack Channel….

Obama, Pelosi: Anything to Win

Obama, Congress, Treasury, Fed: Shameful Mismanagement of Your Money, Recovery

 Did Obama White House Fuel AIG Bonus Mess To Enact Tougher Rules With Public Support, “Outrage”?

Fed to pump another $1 trillion into U.S. economy “from thin air”

******************

By Byron York
The Examiner

In September 2008, during the first debate between John McCain and Barack Obama, McCain said his Democratic opponent had “the most liberal voting record in the United States Senate — it’s hard to reach across the aisle from that far to the left.”

The “most liberal” critique was a staple of Republican talking points. And it had some basis in fact: A survey by the nonpartisan National Journal found Obama’s record in 2007, the year he began running for president, “the most liberal in the Senate.”

Obama rejected the charge.  “This is all old politics,” he said in February 2008. “Those old categories don’t work, and they’re preventing us from solving the problems that the American people want us to solve.”

From that, the image of Obama as a centrist, pragmatic problem-solver was born. It was an image that would last through the campaign, and through the election, and all the way until Inauguration Day.

But now, after nearly two months of the Obama administration, more and more voters are wondering: Is the Barack Obama they voted for the same Barack Obama who now occupies the Oval Office?

Early signs — Obama’s support of the $787 billion stimulus bill, his $3.6 trillion budget proposal, his tax proposals, his health care proposals, his environmental proposals, his flexibility on earmarks — suggest that Obama does, in fact, fit into those “old categories” he once rejected.

Obama is pursuing a traditional liberal agenda. If he continues to walk that path, the question will become why anyone ever believed he would do otherwise.

Well, for one, he was a great candidate, and McCain was not. Beyond that, though, Obama was what political strategists call an “aspirational candidate.” He represented something that voters aspired to be: Part of an America that was good enough, and far enough removed from its racial past, to elect a strong candidate who was also an African-American.

The feeling touched liberals and conservatives alike. On the right, conservatives who opposed Obama still expressed happiness that he was a serious contender.  A few went beyond that, giving rise to the much-discussed “Obamacon” phenomenon.

“Having a first-class temperament and a first-class intellect, President Obama will surely understand that traditional-left politics aren’t going to get us out of this pit we’ve dug for ourselves,” wrote Christopher Buckley, son of conservative icon William F. Buckley, when he endorsed Obama in October.

Just a few weeks of the Obama administration caused Buckley to wonder if he had judged Obama correctly. Another admirer, the New York Times columnist David Brooks, wrote this month of having been forced “to confront the reality that Barack Obama is not who we thought he was.”

They’re not alone. Right now, Americans who feel a creeping sense of buyer’s remorse about Obama are still in the minority; his job approval rating is still high, and his personal approval rating is higher.

But Obama knows what might come. Back in early 2008, when he found himself in trouble over his 20-year relationship with the Rev. Jeremiah Wright, Obama said plaintively, “I may not know him as well as I thought.” Now, Obama’s fear is that voters might be thinking the same thing.

Related:
http://michellemalkin.com/2009/
03/19/first-they-came-for-aig-bonuses/

Obama Wants To “Unclog Blocked Lending Arteries” — Here’s The Problem

March 17, 2009

A local news reader in Washington DC said this morning that President Obama wanted to “unclog blocked lending arteries.”

He also wants to overhaul health care, education, our energy system, solve the climate change issue, eliminate cancer, Parkinson’s and Alzheimer’s and apparantly, raise the dead.

But is there enough money?

The “unclog lending arteries” phrase gives us some ideas.

My friend went into the OR to have “one or two clogs in arteries” removed; a procedure expedted to take about one hour.  Thirteen hours later he came out — almost dead.  The doctor had removed more than 150 clots.  My friend has scars all over the place and couldn’t walk for weeks.

The reason the president should no go fast on health care, education, our energy system, and climate change, is this: we do not know our own economic health.

And more spending may not solve all our problems.  It may open a lot of new wounds also known as a can of worms or Pandora’s Box.

Related:
Ultimate Hipocracy and Irony: Obama Wants You To Trust Markets and Government; But He Offers to Ignore AIG Contracts
.
AIG Bonus Caper Demonstrates Obama Administration Weak Thinking
.
Obama Plans to Charge Wounded Heroes for Treatment

Why Taxpayers Should Pay the AIG Bonuses; Obama is Dead Wrong On This
.
Stimulus: Way Fewer Jobs Than You Thought

 Obama Tells “Turbo Tax” Geither To Get Back AIG Bonus Money; Dumb and Dumber

Obama: Really Want to “Fix Schools”? Try The China Or Singapore Model
.
Obama’s War On Banks: Backlash Stirring

http://kreuzer33.wordpress.com/2009
/03/16/white-house-goes-after-aig-bo
nus-payments/