Monday, November 17, 2008

Ron Paul for Most of the Cabinet

Congressmen Ron Paul may have left some of your radars since he failed to win a major nomination, but he has by no means fallen from the political scene. Not only does he continue to speak and write about his beliefs (his latest article appeared on CNN.com's front page), but he remains on the minds of many Americans. In a recent online poll of its readers, the New York Times asked its readers to select their own presidential cabinet. Although he was not listed on any of the website's drop-down selection menus, Ron Paul ranked in the top 7 of all five major postitions through write-ins. He was the 3rd choice for Secretary of the Treasury behind a former chairman of the Federal Reserve, and a previous Secretary of the Treasury.

bwA

Sunday, November 16, 2008

60 Minutes Obama Interview

60 minutes tonight features a three segment interview with Barack & Michelle Obama. as i watched, i actually turned it off partway through the third segment. Obama was vague about cabinet decisions, and introduced nothing new about his time immediately after becoming president. it made me think about why would he be so uninteresting on 60 minutes, a fairly well viewed show?
I came to the conclusion that it must be a very awkward time to do interviews for Obama. He is not president yet, so he doesn't have any control, so when discussing policy, he still has the same material from the campaign trail. so theres nothing new there. furthermore, any decisions about his cabinet, he's obviously not going to discuss in detail, so he's limited in his speaking on that topic too. Overall, right now, he's just getting briefed about security info, and finding cabinet members, so theres not a whole lot of things to say in a big interview. in conclusion, i wonder why 60 minutes picked to do such a comprehensive interview at this stage in Obama's presidency? wouldn't they have realized there wouldn't be anything new to discuss?


Bwa

Tuesday, November 11, 2008

One President at a time. C'mon, do we have to? Really?

Barack Obama has taken an active stance on many of our country's problems. Yesterday he met with (still) President Bush, urging him to support bailouts of America's auto industry. Obama and Bush have, understandably, taken up very different viewpoints on our economic crisis. Only a week after his election, Obama is making his political presence felt at the White House. Still, over two months remain till Obama's inauguration. As much as the country and I want him to be President right now, the fact remains that he isn't. The transition period is always a delicate time, and until Jan 20, the Obama camp must strike a balance between governmental aloofness and personal concern. Meanwhile, Bush is trying to cement his legacy and end his second term as not-the-worst President in history. Speaking of legacy, maybe Obama's history-making will overshadow Bush's mistakes. We might remember our 43rd President simply as the guy who came before the first Black President. That's not too likely, though.

bwA

Monday, November 10, 2008

Obama Plans to Overturn Bush Decisions

Even before he was officially nominated at the Democratic national convention, Obama's team has been working on compiling a list of decisions made by the Bush administration that could be overturned by an executive order.   That is to say, without waiting for legislation from Congress.  Although the Obama campaign is hesitant to announce what changes will be made, they've let on that both limitations on stem-cell research and oil drilling are being heavily scrutinized.  Meanwhile, the Bush administration is pushing to have 360,000 acres of public land in Utah dedicated to drilling for oil and gas, a measure that, we are assured, will not harm the environment in any way.  
bWa

Sunday, November 9, 2008

Whats China Stimulating?

China announced today that they're going to do a 586 billion dollar stimulus package. These packages seem to be the in thing, so with the Chinese spending virtually nothing, it seems like a good idea to pump money to citizens who will then spend money. but wait, there going to invest in infrastructure like highways, subways, and airports. i don't understand what that's going to do to stimulate the economy? Better highways aren't going to increase spending according to me. maybe im wrong. anyway, after reading a second article, this one from the UK, i learned well actually infrastructure and social programs, and top priorities would include low cost housing, and environmental projects. that doesn't seem like its going to do a noticeable amount much stimulating.
in America, we sent money straight up to people to increase spending. April and May people got their checks, and when the economic reports came out, spending was significantly up, thus business spending was up, and that lead to more money circulating, and the stock market being up. Now we obviously cant do that all the time, but it is very helpful.
i dont understand why China doesn't just do that. They need to increase spending NOW. They cant wait around, there GDP is dropping hard. They've cut their growth rate from 12% a year, to 4%.
A stimulus package similar to ours would make the most sense to me, but apparently Hu Jintao knows something i don't. i hope it all works out for them, because it their stock market/economy crashes, the US will be deeply affected no matter how well Obama does here.

Thursday, November 6, 2008

Help Me will.i.am - You're My Only Hope

During its election coverage, CNN debuted some state-of-the-art hologram technology. On another day (like today, for example), this would have been some important stuff. But while everyone was occupied with the big news of the Obama victory, this little development understandably fell by the wayside. I think die-hard Star Wars fans probably appreciated it, though. What really gets me about this whole situation is that after the CNN team showed off its new machine with reporter Jessica Yellin, they set up a hologram of will.i.am. What business does will.i.am have being the second person ever on televised hologram? Sure he composed a memorable and inspiring song for the Obama campaign, but he was also featured on Fergalicious. Oh well. I guess somebody needed to be the first musician to appear on live tv hologram, and who better than "heartbreaker" and composer, along with Hans Zimmer, of the score for what's sure to be the smash hit of the year, "Madagascar: Escape 2 Africa?" Now that this election is over and much of the landmark news is gone, the networks need some other way to grab the ratings. Or at least it really looks that way.



bwA

ps - I really like that dance move he does at the end of the interview.

Wednesday, November 5, 2008

Jim Cramer For The Economy!!

I think we've sufficiently covered the election excitement; Obama won, made history, everyone's dreams have come true. so on to the next exciting thing. Who's Obama going to pick for his cabinet (if he decides to have one)?
well, Jim Cramer made it perfectly clear today on his show Mad Money(excellent show, on from 6-7 on cnbc) that he would like SEC commision chairman, Federal Reserve chairman, and Treasury Secretary. not too much to ask right? i mean, he just wants to be in total command of the economy? i actually like that propisition. Jim Cramer should be in charge of all things economic. he's arguable the smartest person in the stock market, and he would easily do better than Ben Bernanke( Federal Reserve), and Chris Cox(SEC). Anyway, the thing is Jim wasn't kidding when he was saying he wanted to be in charge of everything. so therefore, he explained to the viewers how he could fix most of our issues in 4 days.

day 1) Fix the auto industry, which is going to need a bailout within the next year. he see's opportunity to help America while at the same time, making a SAFE loan, which will be better off in the long run.

day 2) He'll solve the energy crisis. BAM. that easy. the US has a surplus of Natural Gas which will last forever (long enough where its not an issue). no one talks about Natural Gas, honestly i dont know a lot about it. i believe its related to oil, but the US has even more of it than oil, and its cleaner than oil. We will be able to use natural gas and oil to create drilling jobs, and keep energy in the US and not have to use all kinds of crazy alternative energies which aren't ready to be fully implemented.

day 3) stop immigration deportation. Illegal immigrants cant buy homes right now, and if we legalized them, they would be able to buy up the overbuilt home markets. the issue is a supply and demand problem. we have more houses than people who want houses, thus prices go down. the overbuilt areas are the places immigrants tend to buy homes, and they almost never default so they're a safe loan. that would seriously help relieve the crisis.

day 4) Rest. After that hes pretty much God.

if you want to watch the video of him going more in depth you can see it here....
http://www.cnbc.com/id/27559642

Bwa