Speaking at the infamous Council on Foreign Relations, Treasury Secretary Timothy Geithner said he was open to the idea of a new global currency replacing the dollar. The most recent stab at the new currency was put forth by the governor of China's Central Bank. Geithner calls the governor "a very thoughtful, very careful distinguished central banker. I generally find him sensible on every issue." Really? Please continue Mr. Secretary. "We’re actually quite open to that suggestion – you should see it as rather evolutionary rather building on the current architecture rather than moving us to global monetary union," he said.
"The only thing concrete I saw was expanding the use of the [special drawing rights]," Geithner said. "Anything he’s thinking about deserves some consideration."
So, if the Chinese Central Bank suggests it, Mr. Geithner is all for it. That is not what POTUS said last night at his press conference. The big TV told him to say that he rejects a call for a new global currency. I think they are just throwing it against the wall, you know, to see if it will stick. Good cop, bad cop routine, maybe. It won't be long till the old media is calling for a new currency as well. Stay tuned.
Wednesday, March 25, 2009
Tuesday, March 24, 2009
John, Paul, George and Barack...
Oh those shaggy haired boys from across the pond were soothsayers. Way back in 1966 they recorded this little gem called "Taxman." Those haunting lyrics still hold true today...and those AIG big wigs can attest to it. Especially the bit about one for you and 19 for me. Check it out:
Let me tell you how it will be,
There's one for you, nineteen for me,
'Cos I'm the Taxman,
Yeah, I'm the Taxman.
Should five per cent appear too small,
Be thankful I don't take it all,
'Cos I'm the Taxman,
Yeah, I'm the Taxman.
If you drive a car,
I'll tax the street,
If you try to sit,
I'll tax your seat,
If you get too cold,
I'll tax the heat,
If you take a walk,
I'll tax your feet.
Taxman. 'Cos I'm the Taxman,
Yeah, I'm the Taxman.
Don't ask me what I want it for (Taxman Mr. Wilson, or Mr. Obama)
If you don't want to pay some more (Taxman Mr. Heath, or Mr. Geithner),
'Cos I'm the Taxman,
Yeah, I'm the Taxman.
Now my advice for those who die,
Declare the pennies on your eyes,
'Cos I'm the Taxman,
Yeah, I'm the Taxman.
And you're working for no-one but me, Taxman.
Let me tell you how it will be,
There's one for you, nineteen for me,
'Cos I'm the Taxman,
Yeah, I'm the Taxman.
Should five per cent appear too small,
Be thankful I don't take it all,
'Cos I'm the Taxman,
Yeah, I'm the Taxman.
If you drive a car,
I'll tax the street,
If you try to sit,
I'll tax your seat,
If you get too cold,
I'll tax the heat,
If you take a walk,
I'll tax your feet.
Taxman. 'Cos I'm the Taxman,
Yeah, I'm the Taxman.
Don't ask me what I want it for (Taxman Mr. Wilson, or Mr. Obama)
If you don't want to pay some more (Taxman Mr. Heath, or Mr. Geithner),
'Cos I'm the Taxman,
Yeah, I'm the Taxman.
Now my advice for those who die,
Declare the pennies on your eyes,
'Cos I'm the Taxman,
Yeah, I'm the Taxman.
And you're working for no-one but me, Taxman.
Thursday, March 19, 2009
Give it Back!
They are paid way too much for failing at their jobs. They feel that they are above the law and have no consideration for the tough financial situation we are experiencing in this country. They are engulfed in a narcissistic culture that is set up to protect them. Heck yeah, they should give it all back. Let's put their names out there for everyone to see. Let's get the pitch forks and round them up.
You think I am talking about the AIG execs? Nah, I am talking about CONGRESS !!!!
You think I am talking about the AIG execs? Nah, I am talking about CONGRESS !!!!
Reagan Quote of the Day
'Government is like a baby: An alimentary canal with a big appetite at one end and no sense of responsibility at the other.'
Ronald Reagan (1965)
Ronald Reagan (1965)
Wednesday, March 18, 2009
Tuesday, March 17, 2009
Tea Time in Southern Indiana?
Attention all like minded citizens. Are you getting tired of the wasteful spending, the unaccountability in Washington, the attitude of those representing us? Do you feel that politicians shouldn't make a career for themselves in government? Like me, you don't mind paying your share of taxes, but want to scream when it is used to prop up failing companies that don't play by the rules. Are you longing to get back to the principles that this Republic was founded on: Honesty, integrity, hard work, self reliance, responsibility and liberty? Me too. That is why I am contemplating organizing a Tea Party for New Albany and Southern Indiana. It will be a grass roots based rally with no politicians allowed. I want to hear from you. If you can help or just want to attend, leave a comment. This is in the very early planning stages and any help is appreciated.
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