Tiger Woods will stop playing golf for a while to help save his marriage…..

Amen…good luck……

Take some time off…you can use it……and spend it with your wife and family….

Matt Taibbi calls his President a 'sellout' to Wall Street…….

Matt Taibbi, In a Rolling Stone piece, (his dad is a long time New York NBC reporter ) calls out President Obama for his sell out to the Wall Street..…it’s his keyboard…..but he seems to be echoing the speech Paul Volcker gave in London this week…..that is that…… no innovation was used in making the economy better in the last year…that insiders from the Wall Street gang was placed in charge of the fix……

The piece is long and listened to Taibbi on the POTUS radio one afternoon…and found him convincing…but then I took some time to think over his argument (and Volcker)……..And I realized that there was a few things missing from the reality of his argument…..

Both Taibbi and Volcker expected President Obama, a rookie president, who got at huge problem dumped in his lap, to act in a way that would completely change the system….To deal with the systemic issues, instead of solving the crisis….

A little more than a year ago things were, to put it mildly…..Off the hook….And scary…I never knew how scared these gown white guys with money where until I saw a wonderful PBS special about the crisis….These people where scared s*#tless…..

To expect a President to NOT rely on people who he knew personally , (Geithner and Summers) and the existing Federal Reserve Chair, is out of the question…….Obama did consult Volcker, who stood next to him at the momentous economic press conference the President held upon taking office…but the fact is (as I point out in earlier post) Volcker got named to a committee and then got the door slammed in his face…….

Obama ‘s biggest worry wasn’t really how the damn problem started…he wasn’t an economist…his problem was stopping the whole world economy from going down the drain…..And he did exactly what he has done in the Afghan campaign …he went to his subordinates for counsel and action…..And in that they did their job….They made the patient better…..

There is no doubt in my mind, that both Taibbi and Volcker are correct…this whole thing could happen again…tomorrow…..Because there are systemic problems in how the American and world financial systems operate…but Obama isn’t really thinking about that these days….

The fact is the economy is getting better…the banks are ponying up to the Treasury, and paying back their loans….never mind, that for returning the money this fast, they expect the powers to be to let then get their crazy astronomical bonuses, this year….never mind, that the same people who drove us into these problems are still operating at the nations banks, hedge funds, and investments firms……

The fact is Barack Obama is a politician… he promises people one thing…then moves down the rope line, and promises the next group of people something else…..

And while these guys complain, Obama is making decision’s on sending 30,000 more U.S. troops, and 5,000 NATO troops, in harm’s way, while also keeping an eye on a huge Healthcare bill, and making a trip every month out of the country, to hang with the leaders of the worlds most powerful countries, on his own airline, Air Force One….

If there is anything he thinks about, in the economic realm, it’s employment…not structural problems in Wall Street..

….let’m make money …there is another half a billion dollar presidential election campaign starting in a year from now……

……And where do you think some of that money will come from? …….

Ah, yes……..

Update:….more on the piece from the progressives over at mydd.com……

Matt Taibbi calls his President a ‘sellout’ to Wall Street…….

Matt Taibbi, In a Rolling Stone piece, (his dad is a long time New York NBC reporter ) calls out President Obama for his sell out to the Wall Street..…it’s his keyboard…..but he seems to be echoing the speech Paul Volcker gave in London this week…..that is that…… no innovation was used in making the economy better in the last year…that insiders from the Wall Street gang was placed in charge of the fix……

The piece is long and listened to Taibbi on the POTUS radio one afternoon…and found him convincing…but then I took some time to think over his argument (and Volcker)……..And I realized that there was a few things missing from the reality of his argument…..

Both Taibbi and Volcker expected President Obama, a rookie president, who got at huge problem dumped in his lap, to act in a way that would completely change the system….To deal with the systemic issues, instead of solving the crisis….

A little more than a year ago things were, to put it mildly…..Off the hook….And scary…I never knew how scared these gown white guys with money where until I saw a wonderful PBS special about the crisis….These people where scared s*#tless…..

To expect a President to NOT rely on people who he knew personally , (Geithner and Summers) and the existing Federal Reserve Chair, is out of the question…….Obama did consult Volcker, who stood next to him at the momentous economic press conference the President held upon taking office…but the fact is (as I point out in earlier post) Volcker got named to a committee and then got the door slammed in his face…….

Obama ‘s biggest worry wasn’t really how the damn problem started…he wasn’t an economist…his problem was stopping the whole world economy from going down the drain…..And he did exactly what he has done in the Afghan campaign …he went to his subordinates for counsel and action…..And in that they did their job….They made the patient better…..

There is no doubt in my mind, that both Taibbi and Volcker are correct…this whole thing could happen again…tomorrow…..Because there are systemic problems in how the American and world financial systems operate…but Obama isn’t really thinking about that these days….

The fact is the economy is getting better…the banks are ponying up to the Treasury, and paying back their loans….never mind, that for returning the money this fast, they expect the powers to be to let then get their crazy astronomical bonuses, this year….never mind, that the same people who drove us into these problems are still operating at the nations banks, hedge funds, and investments firms……

The fact is Barack Obama is a politician… he promises people one thing…then moves down the rope line, and promises the next group of people something else…..

And while these guys complain, Obama is making decision’s on sending 30,000 more U.S. troops, and 5,000 NATO troops, in harm’s way, while also keeping an eye on a huge Healthcare bill, and making a trip every month out of the country, to hang with the leaders of the worlds most powerful countries, on his own airline, Air Force One….

If there is anything he thinks about, in the economic realm, it’s employment…not structural problems in Wall Street..

….let’m make money …there is another half a billion dollar presidential election campaign starting in a year from now……

……And where do you think some of that money will come from? …….

Ah, yes……..

Update:….more on the piece from the progressives over at mydd.com……

Royal Dutch Shell and their partners, win a bid to develop a 12.6 Billion barrel huge oil field…in Iraq!

The Majnoon oil field  in, southern Iraq is ONE OF THE LARGEST OIL FIELDS IN THE WORLD……

Yes….. in the whole world……that’s what they say…..

Anglo-Dutch Shell and Petronas, a consortium will only make $1.39 a barrel on the venture…..but they expect to increase the output of the currently pumping field to make their profit…..there are other oil fields in the country that are expected to be turned over to developers to bring more oil out of the ground…..for instance, the oil fields in the eastern part of the country (Diyala province) are far too dangerous for outside companies to venture into….

The promising thing about this situation is that within a few years there should be a ten fold increase in oil revenue generated from the countries vast oil reserves…..

Note: Iraq has the world’s largest known oil reserves…..

Note 2:…..If you don’t  think Bush and Obama weren’t briefed on the info in the last sentence……. you’re crazy…..

Note 3:…Don’t count on American troops ever being completely out of that country…ever….

The Political Dog looks the other way…..some of those races out there are closer than people think….

The Political Dog is now working with a new source that thinks that things could be very different come election day next year…..

In several races, we believe that when you factor in a lot of other things, the results are very different from the current poll numbers…..

It just us folks…no one else…and we’re not polling people…but we believe that things are much closer in the Reid race in Nevada…and we agree the Alexi is out ahead in Illinois…..

Stay tuned for more…we’re out there following the trails…..

U.S. Retail Sales post gains in November……..

The retail sales figure has done better than Wall Street predicted…..they where up 1.3% versus the expected .07%……

I did a post on the Friday after Thanksgiving buying at my local Appliance store and they were very busy….

So I’m not at al surprised…..

The economy is coming back folks…sure nuff…..

Note:…..My wife has been out shopping this week and most stores are out of  holiday light because they didn’t oder like usual…look for a lot of stores to have short order and cosequently cut their sales numbers…..

They are leaving Iran…they are getting out…..

Iranian’s mostly younger people are picking up and leaving…..and ones with families, and are afraid of the crackdown on their freedoms, are also voting with their feet, again, on the last election …and leaving the country…..Turkey has been the new home for groups of refugees since it sits next door….for many Turkey is the first stop on an eventual resettlement journey in America, Canada or Europe……

In addition, students…who are the only ones in the streets these days, are applying thru legal channels (and leaving thru illegal channels also) to study abroad….

This reminds me of the brain drain that Iraq experienced ……

Politico does political satire…..Let's go to the video tape!

Here’s Politico’s review of the guys……on video.……

Politico does political satire…..Let’s go to the video tape!

Here’s Politico’s review of the guys……on video.……

The PGA should stay out of Tiger Woods private life…..

New York Daily News Hank Gola is off base in his comments today…maybe the guy needs some hits on his piece but, whatever Tiger and his wife are going thru is THERE business, not the Professional Golf Association…leave it a lone fellows….And Hank go wash your mouth…there are a lot of guys…pro golfers includes that are in Tiger’s shoe’s…lets not get stupid, huh?