So High Above

The Republican Talking Heads are all over the Right Wing Faux News and the Right Wing Radio Stations trying to lay the current fiscal nightmare at the feet of the Democrats, as if somehow the Democrats infiltrated the Executive and Regulatory Branches of The Federal Government and were running a shadow Government under the noses of the Republican Administration. Did someone just wake up and realize that all the financial institutions were infiltrated by those pesky Liberal Democrats? Do they really expect the American People top believe this one? President George "Hoover" Bush was in office for 8 months when the 9/11/01 attacks occurred, yet the Republicans tried to lay the blame for the National Security Flaws at the feet of the Clinton Administration. Now 8 years later they are trying to lay the blame of the Fiscal Implosion at the feet of the Clinton Administration and on the Democratic Controlled Congress which has only had a slight majority for less than two years. The R...

In order to keep the lunacy of the Sarah Palin Cult on the Front Page of the Blog as long as possible today's Post will be short. Today George "Hoover" Bush, made a 260 word statement on the Economy assuring the Nation that the Government was taking action, too bad he doesn't understand what is going on and what action the Fed is taking. Remember during the last campaign it was revealed that he was a "C" student in Economics. Meanwhile, John McCain is running around the Country blaming the Democrats for the Republican Policies that got us here. Here's an interesting one from Reuters, August 30,2008: " NEW YORK, Aug 30 (Reuters) - Lehman Brothers has hired Jeb Bush, brother of the President of the United States, as an advisor to its private equity business, a source familiar with the situation said. Lehman hired another relative of U.S. President George W. Bush last year--George Walker, a second cousin, who heads up the bank's asset management bu...

Today the Federal Reserve Chairman told the Congress, ""Recession is possible," Bernanke told the Joint Economic Committee. Possible, did he really say possible? We are IN a recession, and a Depression is possible. it is obvious from the questions asked the Congresspeople and the answers given by by Mr. Bernake that they have not got a clue as to what is going on. Small business in America is dying, due to raising energy prices, escalating insurance costs, property tax increases, unaffordable health insurance and most of all, our customers have no money to spend. As a small business owner for over 30 years, I can see the trends on a daily basis. In 2005, customers were willing to spend, but only on credit cards (which also cuts into the profits of small business because of all the charges associated with accepting credit cards). As 2006 approached, there was more of a shift to Debit Cards, but customers were very careful about how much they spent and most often opted for...