Monday, November 24, 2008

Caution, Disdain and Hope

As the first democratically elected President of the United States this century prepares to assume his Challenge, those who must assist and implement his strategies are coming to their places.

One of the reasons I preferred Barack Obama to Hillary Clinton is that the former's Economic understanding was supported by one Robert Reich, where as the latter's had the backing of a man who, in my eclectically formed opinion, was a part of the problem; Robert Rubin. As times have changed and Mr. Rubin's fetish for deregulation has proven, at the very least, too laissez faire for reality's health, evolution is being embraced over revolution, and comprehension is dawning in the minds of those who would establish a Financial System based still on the idea of Growth, yet not without fetters on those whose grasp of it might give them Dominion to the detriment of all.

Yah. I do so love to fancy m'self poetic.

The point is, as the NYTimes* puts it;
(T)imes have changed since (the Clinton era). On Wall Street, Mr. Rubin is facing questions about his role as director of Citigroup given the bank’s current woes. And in Washington, he and his acolytes are calling for a new formulation to address the global economic crisis that Mr. Obama will inherit — and rejecting or setting aside, for now, some of their old orthodoxies.

Instead of deregulation, Mr. Obama has sworn to usher in a period of re-regulation, to avoid the freewheeling risks that Citigroup and the rest of the financial industry undertook after Mr. Rubin, with Mr. Summers, helped tear down the regulatory walls between banks, brokerages and insurance companies, and freed them to trade in unregulated and little-understood derivatives worth trillions of dollars. Mr. Geithner spent his first years as president of the Federal Reserve Bank of New York seeking ways to at least monitor those markets better.

Instead of balancing budgets, the Obama team will be going deeper into debt for at least two years by spending hundreds of billions of dollars more to stimulate the economy, without concern for deficits, for aid to the jobless, states and cities; tax cuts for workers; and job-creating construction of roads, schools and other public works. Nor, given the downturn, is Mr. Obama expected to try to quickly bring in more revenue by repealing the Bush tax cuts for those making more than $250,000.

[We gotsta works with what we got]

A rational Tax Code means one that honors current expectations and expedients. Repealing those cuts immediately would not only dampen an already recessing economy, they'd damage much of the trust the upper middle class has put into President-elect Obama's upcoming administration, and rattle the wounded Republican party's Congressional membership more so than their mere reduction in numbers on the Hill has already. Politics is still gaining advantage over one's opponents, but, as a man who ran on a platform of Uniting the citizenry of his nation, Obama has to be both Liberal and pragmatic.

As long as that pragmatism doesn't prevent him from enacting Change we really, honestly, empirically and unquestionably do need.

Of course, we can't forget that the Health Care Industrial complex and how to support Israel without obliterating Palestine are two more biggies on any Administration's To Do List. That's just another reason for Mr. Obama to recall his Uniter theme as his Challenge commences.

* Funny, but for some reason I thought I was reading WaPo online, instead of the Times.

Friday, November 21, 2008

Free At LAST!!!

I post that title with no shame and only the slightest sense of irony. After nearly 30 Years of environmental obfuscation by a Democratic congressman, the auto industry in the United States will finally have to be an environmentally responsible member of the most polluting civilization in the history of our species.
Democrats Oust Longtime Leader of House Panel
WASHINGTON — Representative Henry A. Waxman wrested the chairmanship of the powerful House Energy and Commerce Committee from Representative John D. Dingell on Thursday in a coup that is expected to accelerate passage of energy, climate and health legislation backed by President-elect Barack Obama.


...Mr. Dingell has been the top Democrat on the committee since 1981 and has been in Congress since 1955, winning the seat in a special election after his father died in office. In February, Mr. Dingell will become the longest-serving member in the history of the House. He is married to Deborah Insley Dingell, a longtime senior executive at the General Motors Corporation.

[Welcome to The Real Deal!]

Now the government just has to be realistic about calling on the membership of the U.A.W. to face their own, equal tonnage of responsibility for the sorry state of the Big 3 US auto makers and the Nation Intelligence Council's recent (and likely accurate) assertions that the power and influence of the U.S. is on the wane, and we may actually be seeing the world stage set for a renaissance of (heheh) Biblical proportions for my country.

As I'm always saying, though, we'll be to see.

Tuesday, November 18, 2008

To Each Their Own

'Twas checkin' my SiteMeter and found some fun word smithing.
... some people who have lived exemplary lives are torn with severe guilt to the point they no longer wish to live, while others who have committed horrendous crimes suffer not a twinge of conscience.

And I thought that it was only me!

I never thought it was only me. I've known way too many peops w/ bigger problems than my own. Some of 'em hardly seem affected at all, while others are literal cripples. Is what makes statistics sehr important, but hardly the be all-end all.

Monday, November 10, 2008

Things That Make You Say . .

. . Hhmmm... Mudder Puckin' DUH

7.6% attrition rate for folks whose shrinks call them versus 50% for folks who' gotta get up and go spill guts while cuttin' a co-pay check.

Go figure...

A Woolen Time

Sum times
Darkness and lights
adding up sometimes
Sparkling in the tapestry of mistakes

Whole visions sprouting
futile as the grass towards winter
Summer's due
Mistaken for grievance

Bound by more than
Lesson's Learned
Denial doesn't soften any blows
nor lessen winds determined


In solace born in lies
Truth tells tales
which dead man thought to hold
and wrap as tight as autumn wool

In steel and splendour
trapped are freedom and loss
Winsome whorls of pale glamour
which divide us from our place

Oroboros spits out his tail
so that life might not go on
Hunger pulls and draws
the circle closed


To be grown again
from the worms' workings wrought in ice
and the warmth
of what has never been

Aching is this dream so real...