Whiplash

Well, today Rush Limbaugh proposed a plan to resuscitate our ailing economy on his radio program that has broad appeal for both of the polarized political camps. It actually made a lot of sense to me. Although I covered that topic with greater detail in my recent post on January 24, 2009 which included specific examples of how to go about it, Rush's was a generality, but I liked the way that he presented it.

I am beginning to come to the view our new administration with more and more disdain with each passing day. Rush stated that Obama was running fast to the left as predicted. But it seems to me that Obama has donned a "jet-pack" and is flying there past all forms of reason. Let's see if I get this right; first we give billions to the automotive industry after publicly skewering the CEOs. Then today he publicly muses about granting 13 states waivers from EPA standards so that they can set their own standards. This would cost the industry a lot more to comply with a patchwork of standards than they were given earlier this month! So we give them money to stay afloat, then sabotage them with more intrusive regulations.

And how about the Gitmo edict. Giving the order to close Gitmo in a year before having a clue as to what to do with the prisoners. Appointing and ramming through confirmation hearings Timothy Geitner as the new Secretary of the Treasury even though he "forgot" to pay several thousands of dollars of his own personal taxes over a three year period!

It would appear to me that the liberal democrats are completely inebriated with their new found power. It is obvious that they do not know what they are doing.

Hold on to your hats and your wallets, it's going to be a wild ride to right this economy. The twists and turns we'll take long the way will include compromising our principles, abandoning ethics, and outright lawlessness (witness the whole Blagojevich fiasco).

Then there's the issue of corporate greed and vanity that was exemplified by the revelations this week about former Merrill Lynch CEO John Thain who blew over a million dollars redecorating his office and doling out massive bonuses to top brass (including himself, of course) before he was shown the door by Bank of America after BofA bought up Merrill Lynch. Of course Thain did all of this as they were being acquired by BofA and he did it with taxpayer money. Unbelievable; the unmitigated gall that Thain has. What a monumental ass.