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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