Careful What You Wish For

I really didn't see it coming. I didn't fully buy into the hype because like my dad always said, " You don't judge a politician by what they say, rather by what they do." What has been said by my man Obama is such a refreshing change from the past 8 years. At his ignauguration, while re-inforcing the secular nature of this country he even gave a shout out to "non believers". That has never happened in my lifetime. I doubt that Thomas Jefferson ever gave a shout out to the agnostics or the atheists of his time. More recently, the new president candidly spoke of our country's less than perfect score card proving that humility and not huberous is back in fashion. He's opened the lines of communication to all countries of the world and reminded them that the United States will lead by example and reason and not excess and religous zealotry. All these spoken words are music to my ears but, some of his actions taken are a sour note. Namely his choices of economic advisors, Summers and Geithner. Two insiders of the Wall Street financial meltdown largest bank heist in history.

I don't understand why he is taking these guy's advise. I also failed to understand that money and greed have no political affiliation. I used to think that the Republicans much like money, were the root of all evil. I was mistaken. It just so happened that they were the party in power when I was paying attention. Wall Street and global corporations grease the palms of those who can pass legislation that benefits them regardless of the "R" or the "D" that proceeds their name. Money flows to those who are in power, period. When the country began to lose faith in Republican politicians so did those with deep pockets. Bill Clinton was president and signed the Gramm-Leach-Bliley Act, also known as the Gramm-Leach-Bliley Financial Services Modernization Act, Pub.L. 106-102, 113 Stat. 1338, enacted November 12, 1999, is an Act of the 106th United States Congress which repealed part of the Glass-Steagall Act of 1933, opening up competition among banks, securities companies and insurance companies. The Glass-Steagall Act prohibited a bank from offering investment, commercial banking, and insurance services. And L. Summers just happened to be Secretary of the Treasury for the last year and a half of the Bill Clinton administration. As far as the catastrophic economic situation we find ourselves in, we need to look no further than this.

A door that had been shut and locked since the depression had just had it's lock picked. Once "W" took office it was kicked wide open. Summers, Obama's top economic recovery advisor was in on the whole thing and consequently made a fortune as a result. Timothy Geithner was Under Secretary of the Treasury for International Affairs (1998–2001) under Treasury Secretaries Robert Rubin and Lawrence Summers.[5] Summers was his mentor, now Geithner is Secretary Treasurer. Hmmmm.With Geithner and Summer's help the Obama administration, rather than chart a new course, seems to be intent on re-inflating the bubble that will burst and then what?????????

Here's a guy that sees what I see . . .Chris Hedges Truthdig April 6, 2009 : America is devolving into a third-world nation. And if we do not immediately halt our elite’s rapacious looting of the public treasury we will be left with trillions in debts, which can never be repaid, and widespread human misery which we will be helpless to ameliorate. Our anemic democracy will be replaced with a robust national police state. The elite will withdraw into heavily guarded gated communities where they will have access to security, goods and services that cannot be afforded by the rest of us. Tens of millions of people, brutally controlled, will live in perpetual poverty. This is the inevitable result of unchecked corporate capitalism. The stimulus and bailout plans are not about saving us. They are about saving them. We can resist, which means street protests, disruptions of the system and demonstrations, or become serfs.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -= - - - - - - - - - - - - - - - - - - -
OB14me has disappointed me in other ways as well, apparently he isn't going to reverse the Executive powers that Bush wrote into existence during his "reign". Obama spoke out against them during the campaign but, has taken measures not to reverse them as president. WASHINGTON – The U.S. Supreme Court today vacated a lower court decision giving the president the extraordinary power to seize and indefinitely detain U.S. citizens or residents without charge or trial. The case was brought by the American Civil Liberties Union on behalf of Ali Saleh Kahlah al-Marri, who, after being held for almost six years in military detention, was indicted last week in federal court and charged with two counts of material support for terrorism.In July 2008, the full U.S. Court of Appeals for the Fourth Circuit ruled in a fractured decision that the president had legal authority to imprison al-Marri indefinitely without charge. As one judge noted in dissent, however, to accept the government's claim of extraordinary detention power would have "disastrous consequences for the Constitution—and the country." The Supreme Court vacated that decision and dismissed the case as moot.

The practice of Rendition (the kidnapping of someone thought to be a terrorists and transporting them to some secret place with no charges or trial, for an undetermined amount of time) Obama has kept this option in his administration. The right of Habeus Corpus is still being waved, which flies directly in the face of our constitution.

DaG Out