Rebane's Ruminations
November 2010
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George Rebane

- No scanners, no pat downs??!!
- QE2 driving interest rates in the wrong direction
- Hillary on ice, until 2012?
- Palin not ready to run in 2012

Scanners at airports are the latest to get people’s undies in a bundle.  Since last Christmas when the latest Muslim terrorist unsuccessfully tried to touch off the bundle in his undies, scanners are the latest that TSA has come up with to keep the nation secure.  And if you don’t want your stuff looked at in the scanner, you get the now ‘infamous’ pat down that provides an alternative way to save us all.  But those opposed to either are told by the government not to worry because there are only about 85 scanners available for the entire country, and chances are that you won’t run into one to have your stuff peeked at or patted.  If the new security policy made any sense, then why wouldn’t all the other airports without the scanners impose mandatory pat downs?  This is the logic that is only accessible to the progressive mind.

QE2 will have the Fed pump $600B additional dollars into the economy.  It does not take rocket science to predict what this money will do.  Like the trillion plus that preceded it, QE2 will not stimulate the economy by keeping interest rates low.  As witnessed by the behavior of the ten year Treasury, the rest of the world (save Bernanke and Obama) is betting that all QE2 will do is to add to the inflation which the government claims is non-existent.  Note that the ten year Treasury is the new ‘long term’ bond, it used to be the thirty-year Treasury.  But today no one is stupid enough to actually bet that the dollar will survive that long.  You heard it here first – tomorrow’s long term Treasury will mature in five years.

Does anyone know where Hillary is?  She seems to be permanently in the ‘fifth wheel department’ of American diplomacy.   For any real work that used to be done by the State Department, Obama has been using ‘special envoys’.  These individuals report directly to the President and have the added feature of keeping Hillary from being in front of those nosey cameras and mikes.  After all, 2012 starts in 2011, and Democrat pundit James Carville probably put his finger on it.  His statement over the weekend was that if Hillary gave Barry one of her balls, they’d both have two.

Sarah Palin’s contemplating a run for the White House in 2012.  I think that eventually Sarah will make a great candidate, but 2012 is too early.  She needs more experience, experience that she can acquire by continuing to do what she is doing.  And lack of cojones is not the only attribute in question about President Obama.  As aptly demonstrated during the last two years, his inexperience has also cost the country dearly in both the domestic and international arenas.  Having no executive experience on his resume puts him in Palin’s shadow – teleprompter speeches withstanding.  So my advice to both Barry and Sarah for 2012 is to not run – hold back until you are both more seasoned.  In the meantime Hillary will be able to give anyone the Repubs nominate a run for his money.

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8 responses to “Ruminations – 22nov2010”

  1. Mikey McD Avatar
    Mikey McD

    Re: Sarah- 1.)one need only look at our current pres. to know that experience is not a prerequisite. 2.) One of Sarah’s most redeeming qualities was her unconnectedness to the political establishment… I fear that her waiting only provides ample time for her to sell out the the machine.

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  2. George Rebane Avatar
    George Rebane

    Of course you are right Mikey. My admittedly naive hope is that Palin is one of those rare politicians who will not sell out.
    The best I can tell is that President Obama is also such a politician. He declared his ideology and (un)principles to me as a candidate – i.e. that he was a socialist cum communist, and that he would do whatever was needed to promote that ideology. And as we have seen, he has flown hot, true, and normal.

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  3. Todd Juvinall Avatar
    Todd Juvinall

    Tom Sullivan said today the government came out with the costs from the 9 years of the Iraq war and it was less than the first Obama stimuli. The caller was arguing it. It was rich.

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  4. George Rebane Avatar
    George Rebane

    Todd, when I talk with my liberal friends about the cost of the Gulf2 ‘wars’, especially as a fraction of GDP, they are incredulous. Their own propaganda channels have represented these wars as being some kind of limitless drains on our economy. Not even close, especially when we consider the marginal cost compared to just maintaining, updating, and keeping trained our peacetime military.
    And for the progressives (Keynesians), the wars should be a celebratory event by all the jobs they have created – a hell of lot more than the so-called stimulus packages of Bush2 and mostly Obama. Our electorate has never been taught the ongoing costs and benefits of America as the world’s hegemon. It will be an eye-opener for the sheeple when/if/as China assumes that role.

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  5. Steven Frisch Avatar
    Steven Frisch

    Run Sarah run!
    Hey Greg do you think someone with a communications degree from University of Idaho (with stops first at Hawaii Pacific University, North Idaho College, and Matanuska-Susitna College) is qualified to be President?
    Just sayin’
    By the way, the annual core US defense budget is $663 billion. This does not include more than $400 billion spent on other defense related expenses, such as homeland security, intelligence etc. Our annual defense budget is more than 6 times higher than the next closest nation, China. Since WWII US defense spending has sucked up more than 42% of the federal budget, paying brainiacs like George to plan for the past war, while a bunch of rogue terrorists with box cutters can take us down and cripple our psyche using asymmetrical warfare.
    Just sayin’

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  6. Barry Pruett Avatar

    Wow! “…do you think someone with a communications degree from University of Idaho?”
    Elitism on display!
    Exit Question: Do you think a short order cook is qualified to run an environmental non-profit in the Sierras?
    Answer: Both questions are stupid…

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  7. RL Crabb Avatar

    Well, George, I’d have to agree with you that Hillary would have been a better choice for the Dems, but they got caught up in the Fantasy Liberal Utopia and voted for the guy who talks good.
    With the war as economic driver, does the cost include 5000 Americans who gave their all to prop up a pair of failing/failed states?
    All this reminds me why I register “decline to state”, although it should be “decline to vote for either of these brain-dead parties.”

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  8. Todd Juvinall Avatar
    Todd Juvinall

    Frisch, you crack me up. Of course Sarah is qualified. America is a great place. Even you, a cook-rent seeker can run for election to any office (political) and have a chance to win. I am just a humble high school graduate with a bit of college and the good people in the county elected me. Twice! So what cracks me up about you self proclaimed “important” people is you just tear people down without realizing you are looking into the mirror of failure. America elected your guy, a community organizer from the streets of Chicago to be our national leader. Though I oppose him politically, I marvel at the greatness we as Americans possess in that he could and was elected.

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