Sunday, September 21, 2008

Saving the WOLRD MARKET!

New York Times: Reports that Bush bail out of the Western Economy will cover firms outside the USA but with links the USA firms, the Times write the following, " The administration suggested that it might adjust its proposal, initially restricted to purchasing assets from financial institutions based in the United States, to enable foreign firms with United States affiliates to make use of it as well. " The Conservative within me is starting to have problem with this massive bail out, the point of the Capitalist system is that some get rich and others don't, we don't live in the USSR. If the USA government bails these companies with bad debts out, at what point do you say no, in the global economic world a company has to be efficient and make money, but it could be argued that the Bush Administration is creating a safety net that Liberals will scream for every time a company goes belly up, the Great Depression was bad but the economy came out of it at the end, no I am not arguing for another Great Depression but the Western Economic System can not become another USSR, this has to be a one off deal, or other wise the economy will go in to the toilet.

Presidential Debates

Telegraph: Reports on how McCain and Obama are getting ready for their Debates. The problem for the journalists covering this is the fact that both sides try to undersell their candidates, thus Obama is not great at debates and McCain gets angry. If you want to see the reality watch the West Wing Show when Leo is going to debate, and both sides spin how they are going to debate. I do wonder sometimes that the 08 race is so much like the last season of the West Wing, could they not save money and just run the show again, and have the election n November.

PRESIDENT JED BARTLET and OBAMA

New York Times: A very witty article by Ms Dowd of the LIBERAL New York Times, Bartlet of the West Wing giving advice to Obama. The one problem I have with the article is the following, she has Bartlet stating the following, " It’s not bad enough she’s forcing her own daughter into a loveless marriage to a teenage hood, she wants the rest of us to guide our daughters in that direction too? " Does the elite media want Palin's daughter to have an abortion so it confirms their view of the world, do the they want to sacrifice a human life to make a cheap political point. Also Bartlet would never use that, Bartlet was a disaster as President, arrogant much like Obama but he would never get in the gutter and use the family of candidates against them, Mr Sheen aka Jed Bartlet was asked to run for the Senate in Ohio, he knew the difference but reality and a TV show, he wise was to decline the offer. I do wish they bring back the West Wing, no matter who wins , also get back Mr Martin Sheen as Bartlet, he cold be the Jimmy Carter of the TV Presidents. So back to the point, poor New York Times and Ms Dowd, expect better from a good writer.

Saturday, September 20, 2008

Angels fear to TREAD !

The Times: Reports that former PM Tony Blair has gone one the left wing CNN and the equally left wing show the Daily Show with Jon Stewart. Of course the issue was Iraq, the left wing in the United States will never accept that the War with Iraq was the right thing, but it is nice to see that Blair is showing the Churchill spirit by taking on those that oppose him, just why didn't he sack Gordon Brown when he had the chance, he okay out of the country we still have Brown.

Palin called DISABLED

Fox News: Reports that Democratic Representative Charles Rangel has called Governor Sarah Palin Disabled. This is a new low by Democrats, they don't care now how low they have to fight, winning at any cost has become their motto.

A Mess!

The New York Times: Report how both the Republicans and Democrats are keen to avoid the blame for the economic mess. It has to be serious for both sides know that if they don't stand together they will sink on the good ship US Economy. The Congress has to cut pork spending on their favourite issues, the Republicans have to regulate the market like President Teddy Roosevelt. This could be the time for the sides to come together for the benefit of the country.

700 BILLION request by BUSH

The New York Times: Reports on the amount of money the Bush Administration is requesting to bail out the American economy and major companies. This shows that over the years that the government has not kept an eye on the Wall Street, this is something out of that great move Wall Street, the richer get richer and the Middle and Working class get taken for a ride and their money. The Government in the West have to keep an eye on the Financial Markets, the Western Economy cant not be allowed to be flushed down the toilet because a major company or companies take on bad debt as a way to make money in the long term, Bush has learned the lesson of Hoover, Hoover did not act, he was a Republican and he lost to FDR, the next Republican President was Eisenhower.