Jamesb101.com

commentary on Politics and a little bit of everything else

Thank You………..

For all of you that have come to visit PoliticalDog 101……..Thank You!……we just pasted 1,000 hits and it’s only been 6 weeks (we’re in it for the long haul, and trying to get better every day)…..we are a WordPress site…….no outside advertising to get the word out…….and there sure are a lot of Political site’s out there…and folks,  we are woking like dogs to get posts in everyday (140 posts already!)…….we’re Politics…….and other stuff, and we’re happy to be here….so keep coming back for more….tell your friends, family, co-workers and any body else….and we’re always looking for more comments……..ruff, ruff….that’s my dog!!!!

September 18, 2009 Posted by | Home, Other Things, Politics | , , , | Leave a comment

The Kate Gosselin Show?

Yep…..it that’s what she would like to be doing in the future….. Talks are in the development stage about a mom based  show using the ABC ‘s ‘The View’s format and she will do a test this weekend apparently with Paula Dean…….stay tuned for more…….

September 18, 2009 Posted by | Breaking News, Entertainment | , , , | Leave a comment

Obama Canceling the Missile Shield…good mileage, a mad GOP and a happy Russia………

President Obama in his administration’s latest episode of ‘ keep’m busy, throw things at them’…..Announced yesterday that the United States was canceling the Reagan and Bush era grandiose missile star wars missile shield program………..Everyone parroted the song that the Poles and Czechs would be pissed.

When the announcement really wasn’t for them …was it?……

It was for the Russians…instead of getting in their faces..Obama has gone to his basic technique of pragmatism with a move to accommodate the Russian insecurity about the program…..and garner Obama some wiggle room in several things……namely, Iran and pressure on Europe and it gas problems……while everyone has been busy else where Obama has been told and shown quietly that the Russians have been making chess moves that have not been the US’s interest….flexing on the old Soviet satellites, backing Iran and building a nuclear power-plant for them and working to flex on its growing oil reserves…….

I’ve always said that Obama is a smart man…and this move was smart……

The Poles  and Czechs will get over there initial disappointment because they will still get Patriot missiles and a shorter range defensive system……..Putin and his President have reacted favorably to the Presidents announcement…and NATO has followed up on it with an offer to a  hold joint system, san offer the Russian’s have turned down from Bush II .

Obama is gonna get grief here in congress but, I applaud the CIC for moving steadily away from BushII’s smash mouth diplomacy (Hillary IS the bad cop to Obama’s good cop)…..and giving peace a chance……

September 18, 2009 Posted by | Breaking News, Military, Politics | , , , , , , , , , , , , , , , , , | Leave a comment

For Bankers…..the other shoe is dropping on compensation………

Remember how in the middle of everything going sideways, at the beginning of the year,  the banks got federal bail out loans?……Remember how the banks boards  played it’s CEO ‘s , and top dogs bonuses, even if the bank, or financial institution didn’t make money, and had the government bail them out?…With our money?

Well, the other shoe is about to drop in the form of a regulation due to come out by the nation\’s Federal Reserve Board …..The Fed regulates over 5,000 banks that are federally,  and state chartered, and has always had the ability to dictate things that would make sure that the banks its oversees are viable……and in July, the House Financial Services Committee gave the bank overseers more authority to stop,’impudently risky compensation practices”…..

The regulations will give the Fed the ability to reviewnot set….compensation packages and amend them as they see fit to discourage “harmful incentives’…….( what ever that means)

The regulations do not have to be voted on by the Congress…but , will get flack from the republicans, and others who believe that the government has no business meddling in the business of private business…..EXCEPT THAT ….they had to get your government’s approval to go into business, and a whole batch of them took our money to stay in business…….the regulation does not effect savings and loans or state banks covered by the FDIC…..

September 18, 2009 Posted by | Other Things, Politics, The Economy | , , , , , , , , , , , , | 3 Comments

New Student loan program coming………middle men going…….

As someone that is going to be paying for my kids education thru students loans for the rest of my life…I am happy to see that the House is passing a new student loan bill that will take the middle men (banks and other private financial companies)mostly out of the student loan business……and in thea  process of doing this ……saving maybe 90 billion dollars makes sense to me……Instead of lending the banks the money………in addition, while standardizing the number of loans down to just two …the program will offer better across the board rates……and make money available for more loans…..

The Banks aren’t too happy, and are complaining that this move will result in 35,000 people losing jobs……but I really don’t believe that…..Since the banks will still be handling the paperwork……

And yes, the result will be the government getting bigger, but $10 billion will go into reducing the national debt…….

September 18, 2009 Posted by | Education, The Economy | , , , | Leave a comment