Fiduciary Responsibility

FIDUCIARY RESPONSIBILITY

As banks, insurance companies, automakers, and other entities continue to fall apart, our government has thrown taxpayer money and backing to these institutions. These companies continue to fail as our money disappears into these black holes. The leadership of these companies CONTINUES to hide most of what they do with this money, in spite of the demand for transparency and the fact that most of them are public companies. When some light IS SHED upon this largesse, it turns out that they are handing out bonuses to themselves or shoveling the money back and forth to other institutions. The one thing they are NOT doing is helping the economy.

YET, FIDUCIARY RESPONSIBILY IS NEVER MENTIONED!!! The CEO’s, Senators, Congressmen, Bush Administration, Obama Administration, business channels and pundits mention nothing of it. The all wring their hands bemoaning how this money is doled out in bonuses, jets, etc., yet can do nothing about it except protest impotently.

FIDUCIARY RESPONSIBILY IS THE FUNDAMENTAL BEDROCK OF OUR ECONOMY. I would think that in the piles of laws upon which our country is founded, there SHOULD be PLENTY OF POWER to protect our country from this travesty. BOTH THE TAXPAYERS AND THE SHAREHOLDERS EXPECT THAT THEY CAN TRUST NOT JUST IN GOD, BUT IN OUR LEADERSHIP!!! That trust is broken!

The assets of those accountable should be seized. The persons involved should be jailed. The evidence is obvious. We know where the buck stopped and those who stopped it. Business leaders and political leaders…look in the mirror.

Pakistan...You're treating us like idiots

Watching the second debate between our presidential? candidates is beginning to drive be batsh%t!!!  We are already attacking Pakistan, a FACT that neither Obama, McCain, nor Brokaw seem to be aware.  Do they think we are THAT STUPID....apparently so.

In the last few weeks the Bush Administration has, at the very least, sent in helicopters and drones into Pakistan.  A drone has been shot down.  Helicopters have been shot at.  Our American Al-Qaeda representative has been reportedly killed...probably in Pakistan.  The new leader of Pakistan, the late assassinated Benazir Bhutto's husband, has called on the Pakistan military to oppose American incursions, which they apparently have done.  So far no American casualties have been reported IN PAKISTAN, whether they have occurred or not.  By the by, PAKISTAN HAS NUKES!!!  Therefore, any American casualties in Pakistan are unlikely to be acknowledged by either the Bush Administration....OR, our ally???....Pakistan.

Yet, this stupid debate treats us as idiots.  Maybe we are.  As a further insult, Senator McCain bragged about how the Afghans through out the Russians decades ago.  One of those Mujaheddin....Osama bin Laden....the same guy that orchestrated the attack on the WTC and the same fellow we are supposedly trying to get in....Pakistan!!!

AND YET!!!...these two candidates vying to lead our country, and a respected??? moderator from the media, Tom Brokaw, treat us like morons.  It is a disgrace to us, our leadership, the media, and the nation.  SHAME ON YOU ALL!

 

Who Needs Taxes???

The last week or so should have brought home to everyone that there is a total disconnect between taxes and spending. Raise taxes, lower taxes...why not just get rid of taxes. "Tax and spend liberals" is an empty phrase. So is "Reaganomics". If we want to spend...we spend. It could be 7 Billion for health care. It could be half a Trillion for Iraq. It could be a Trillion for Wall Street. Who cares?

The current Bush Administration has spent way more than any taxes taken in. He has created the greatest deficit spending in history! That puts the adored Ronald Reagan in SECOND PLACE! What's a trillion more? Alexander Hamilton, the inventor of deficit spending, would be proud.

It is time to eliminate taxes. It's time to test this process to the max. Sell our bridges, highways, and ports. And most of all, let's sell our children, their children, and their children's children. It's our right...and besides, we'll be long gone before the bill's come in. We can't beat death, but taxes????

The People get Pantsed

OUTRAGEOUS!!! After years and years of deregulation, our economy is on the verge of collapse. People have lost their homes, their jobs are gone or at risk, inflation is rising, and their savings, what little is left, is at risk.

The solution!!! Reach into the taxpayer's pocket and shake out what little money is still there. Use that money to bail out Wall Street by buying a lot of crap that is worth less than a roll of toilet paper. This is CHANGE OUR GOVERNMENT CAN BELIEVE IN!!! They have forgone nickle and diming us by taking our last nickle and dime.

The Administration and Congress have decided that this is no time for partisan politics. Language is important. So, the language is developing among our "leadership" to sell this garbage to the public. They are giving us this "toxic waste" that is "clogging up the system"...like the problem is nothing more than a clogged sink. I, for one, would rather drink Drano than have this sludge shoved down my throat.

The one thing we CAN believe in is that the only thing being sent down the drain is THE AMERICAN PEOPLE!!!

Psst...Notice a Cold War?

From Day One of the Bush Administration, the Administration had but one policy...isolate Russia.  Osama bin Laden was but a fading memory of the Clinton Administration.  President Bush looked into Putin's eyes and saw what he wanted to see in "Putin's soul".  

Number One Priority was to put missiles in Alaska.  That required throwing out the ABM Treaty, which the President than unilaterally did.  After Saudi Arabia attacked us on 9/11, the Administration than took the opportunity to place troops on the southern flank of Russia in Afghanistan and Iraq.  

Than NATO moved into Afghanistan.  Additionally, they began adding former Soviet bloc states to their alliance.  Finally, the Bush Administration decided to place missiles and radar stations in these former bloc nations.  

So, it should have come as no surprise that Vladmir Putin would wait until the opening ceremonies of the Olympics in order to look into Bush's eyes as Russian troops marched into Georgia.  Payback's a bitch.

Now, Russia is flying bombers into Venezuela.  Venezuela and Bolivia are effectively severing relations with the United States.  This is not only a challenge to the Bush Doctrine, but to the Monroe Doctrine as well.  How long before the missiles return to Cuba?

Russia is now rattling sabres at the Ukraine.  Next on the agenda could be Alaska.  With Governor Palin distracted from the affairs of state in her run for the Vice-Presidency, will she be prepared to lead the Alaska National Guard in its defense of her state?  Stay tuned!

Pal(e)-in Comparison

As I said last month, Barack Obama's cowardly choice for VP would screw his chances, UNLESS...John McCain made a dumber choice...AND HE DID!!!

His MAVERICK choice would have been to choose Senator Lieberman. (Yes, Republican delegates, maverick is spelled with an "E"!) Instead, out of the blue, with the possible exception of a blog campaign from a college student, he chose Governor Palin. Apparently, the vetting process consisted of 75 questions that apparently included "Are you pro-life?", "Are you a creationist?", "Do you believe global warming is not man-made?","Are you anti-gay?","Are you pro-gun?". and, most important, "Do you want to be Vice-President?"...(even if you don't know what a Vice-President does!). The last would suggest that the United States Constitution is not on Sarah Palin's reading list. And this person could be in position to choose our next Supreme Court Justices...whoever they are!

It is surprising how much the TOUGH Republican Party, saviour of our nation, went so whimpery over protecting this poor, vulnerable, woman. They didn't have much misogynistic reticence with HIllary Clinton!!! And yet, with this gun-toting, moose-skinning, high-sticking hockey-mom, THEY DO!!!  I think she, like Hillary, can take care of herself!!!

However....back to dumb choice. On the positive side, she does have executive experience, like George W. Bush. However, it is in Alaska, a state that has some secessionist desires to which Governor Palin may have some sympathy. This kind of puts a different spin on the "Country First" theme! She comes from a small town in a disconnected state. I don't know about you, but my "small town" experiences have found the population extremely provincial. They barely know, or care, what's happening in the next town, let alone the county, state, country, or world!! I would venture to suggest that she has no feel whatsoever as to the issues affecting most, if not all, of the lower 48. (One might have made the same suggestion of Obama had he stayed in Hawaii.) She governs the only state that has surpluses....OIL SURPLUSES!!!...so that she can return this largesse to the people...NO TAXES!?!?!?! She runs a state closer to Saudi Arabia than the USA...and...if they secede...a country! Than she really will need foreign policy experience to deal with Russia, Canada, and...the USA!!!

Fanny, Freddie, and Foreigners

Mr. Paulson...the American taxpayer is less than thrilled that you are so willing to hand us public debt now that private piracy has reached its end. We hope that you and your cronies, the elite 1%, choke on the bushels of dollars you have stolen from the economy. It seems that social capitalism works very well for you and your ilk. We taxpayers are not thrilled with financing the golden parachutes of the two CEO's that were replaced, either.

Mr. Paulson, we are not thrilled with the way you have dealt with the economic war in progress. It does not help our country. As part of the Republican Administration, we would have hoped that you would have echoed the theme of your Presidential Candidate...."Country First".

As we bought the crap from China and other nations in our orgy of Consumerism, we at least had the comfort that we were returning crap for crap, by sending out our less than desirable debt overseas disguised as "wolf in sheep's clothing" AAA investments. BUT NOW YOU, CONGRESS, AND THE PRESIDENT, SCREWED US. (Why does Congress keep giving you guys options you can't resist but use? And why can't you resist?

China is happy; Japan is happy; South Korea is happy; India is happy; France is happy; Germany is happy; etc...they can now dump our shitty debt back on us. WE ARE NOT HAPPY!!! You have put our COUNTRY LAST!!!