The BoBo Files

I know – I’m running a little late in getting this thing out today. Sorry – had some term papers and power point presentations to pull together – you know – priorities! In any case – here it is – another great edition with some great stuff from your usual submitters as well as some new guys. All in all, I think this is going to be one of the best ones by far. We have something for everyone in this one.  Seems there are a lot of people out there pissed off about this stimulus/spending/pork bill and the tax evader friends of Obama!

Madeleine Begun Kane presents Only Peons Have To Pay Taxes posted at Mad Kane’s Political Madness.

Good one!  I see we’re both on the same side of this issue! I’m just happy that Daschle withdrew.  Now, if Obama really wants to do the right thing and prove to the country that he really is about change – he needs to fire Geithner.

Buck Says presents Pilosi & Reid- An Economic Tsunami posted at Buck Says, saying, “Neither Pilosi or Reid have a clue about the depression and the congressional actions that deepened it’s effect. Smoot and Hawley are obviously unknown to them.”

Buck – when I saw that provision in there – my initial thought was – okay, cool.  That might help American businesses.  But, then after longer reflection I came to my senses and the same realization as you – that we would effectively cut off America from the rest of the world and this would continue this recession/depression even longer.  I had not heard of the Smoot-Hawley Act until recently myself.  Good post.

David Gross presents Reflections on the coronation posted at The Picket Line, saying, “I am embarrassed for my friends and my country that we still enthusiastically install royalty at such great expense at this late date after the success of our revolution. And unlike the former monarchies which have devolved into republics and divested their crowns of significant power, we seem largely determined to attach all of our hopes and most of our sovereignty onto our king (or even, as the last eight years showed, some court jester).

The people have spoken. If the people had any sense of shame or any self-awareness, they’d shut the fuck up. They’ve been speaking for a long time now and casting terrible, hateful imprecations that have called forth demons that they refuse to accept responsibility for or attempt to control.”

Nicely said David – I got nothing to add.

Conservative

Len Penzo presents If Arnold Schwarzenegger Was My Household CEO… posted at Len Penzo . Com, saying, “The Bobo, I hope you find this to be a fun read. Regards, Len”

Len – a very humorous look at a household budget in the hands of the Ahnold!  Considering the guy’s a RINO I saw this coming myself.  What I don’t get is, considering that California is very much a conservative state (with the exception of LA County and the San Francisco Bay area) I just can’t see how the hell you guys got in that mess out there.  Are there really THAT many people in those two areas that drown out your voices?  I quite enjoyed the way you tied in his movie quotes to household budgeting!  Good one!

lsm presents Madame Speaker?Rocket Scientist posted at awaken the elephants blog.

Bwahahaha.  That’s some pretty funny stuff.  This lady truly is an idiot.  Being a good Catholic boy myself – I can tell you that she is definitely lying on the abortion issue.  As for all those other little nuances that you pointed out are classics!  So, the guy she called an idiot is now the one she falls back on when trying to explain why we should give money to people who don’t pay taxes?  Good one.

DWSUWF presents Carnival of Divided Government XXX Special Chinese Year of the Ox Edition posted at Divided We Stand United We Fall, saying,

Man, sorry I missed that Carnival.  I’ll have to stop by more often.  BTW – I was in the year of the Dragon as well.

DWSUWF presents Yo. Barack. Stimulate this. posted at Divided We Stand United We Fall, saying, “Bobo – please ignore that last submission. screwed up the link. This is the right one.

Did we learn nothing from the hastily passed $700 Billion Wall Street bailout last year? You remember – when we witnessed the rampant stupidity of a craven congress rolling over to an executive demand for fast action on the basis of economic fear mongering – and as a result – were treated to the spectacle of our representatives wasting massive amounts of taxpayer resources without really understanding what they are passing or having any idea where the money will go or how it will be used.

Apparently we learned nothing. This is exactly what is happening with the Stimulus package. Unable to pass a $900 Billion massive pork-laden stimulus spending package that will do nothing except spend money we do not have on stuff we do not need, wildly increase the debt burden on future generations, and ultimately require devaluation of the dollar – the Democrats are in the process of paying off a couple of Republican Senators with a share of the pork, and will likely pass a $800 Billion massive pork-laden spending package that will do nothing except spend money we do not have on stuff we do not need, increase the debt burden on future generations, and ultimately require devaluation of the dollar.”

Thanks DWS – I don’t need to do my rant on this now.  You’ve said much of what I thought and much of what I hadn’t thought of.

Democrats

Steve Faber presents Obama in 2012 » The Obama Administration’s Tax Problems – Aren’t We Supposed to be Better? posted at Obama in 2012.

Finally, a breath of fresh air – a Democrat that doesn’t drink the kool-aid.  Well said, Steve.  I’m glad you can recognize that had any of these appointees been Republicans you would be demanding their heads – so – why should you not be doing the same for these appointees of Obama’s?  Like I said to Mad Kane up there – if Obama really wants to do the right thing – he now needs to fire Geithner

News

debergerac78 presents Is Blagojevich blameless … or a blowhard? posted at The Business Ethics Blog, saying, “The Senate may have jumped the gun impeaching Blagojevich before his corruption trial has concluded–now the governer is trying to get public sympathy on his side.”

Thanks for this submission Debergerac – I think Lauren is on target – but – we already know the outcome as not only did the Senate listen to the “snippets” that we in the general public heard – but, from what I understand – they also listened to some detailed conversations from other wire tapped tapes.  I saw him on Letterman last week – this guy is a freakin’ joke.  Good riddance.

Joe Manausa presents Tallahassee Foreclosure Report | Tallahassee Real Estate Blog posted at Tallahassee Real Estate Blog, saying, “There is plenty of news in the national media about foreclosures. From everything that I have read, I suspect for every 100 foreclosures that have and will hit the real estate market during our current housing crisis, we have only seen 2 or 3. The bulk of the foreclosures have yet to hit the market.”

Okay, Joe – I think I can let this one slip buy given the fact that foreclosures are in the news and it is a big part of the economic mess we’re in.  Should you submit any more – just be sure to get some more political stuff in the posts as well.  I personally learned a little more about the foreclosure market by reading this post and the fact we may not be getting the whole story from the media.

Lisa Spinelli presents Spawns of Madoff posted at Greener Pastures: Personal Finance, saying, “Is my anger showing? Thanks for hosting.”

Yes! LOL.  It just goes to show ya – even those people will millions are idiots too!

Raymond presents Second Stimulus Check For Obama 2009 Economic Stimulus Package? posted at Money Blue Book.

Hey Raymond – It was that “Low Income Tax Credit” that got me when I saw that.  That’s no tax credit – that’s taking my money that I paid in taxes and giving it to those lower income individuals who paid no taxes – wait – isn’t that the socialist wealth redistribution plan he was talking about before he got elected that he tried to deny he wasn’t talking about?

jim presents American Recovery & Reinvestment Plan Details posted at Blueprint for Financial Prosperity, saying, “A recap of the stimulus package, highlighting the parts of the package likely to directly affect consumers.”

Jim – I consider this a must read for my readers here.  There are many other “summaries” out there regarding this pork bill  – but – yours has some real constructive information out there for all of us.  Great post.

Silicon Valley Blogger presents Wall Street Jobs Pay Out Big Bonuses: The Investment Banker Defends His Salary posted at The Digerati Life, saying, “I was hoping this discussion would fit your carnival. People are debating on the issue of Wall Street’s pay.”

I think this fits – considering Obama is trying to stick his foot in the private sector by telling business owners and CEO’s how much they are allowed to make in salaries.  Now, while I agree with much of what you have stated and that those banks and other corporations that took the bailouts on our dime should not in any way receive bonuses, and I believe they should take pay cuts – that is not up to the government to decide.  These are decisions that should be made by the boards of those corporations.  We need to let the free-market capitalist system work.  When those big companies continue to pay those CEO’s the big bucks – Joe America will be outraged and will stop using their services.  The boards will either cut their pay in order to stay in business or they will fail.  I still say we need to let Wall Street fail and reset the economy.  At least this way we can keep our banks from being nationalized since the government won’t have a piece of it.  But, alas – we’re too late for that aren’t we.  Those greedy bankers sold their souls to the government.  We’re now in a catch 22 methinks!  If those banks fail now – we the people lose our money and the government takes over.  Still, I think we need to put public pressure on those financiers instead of letting the government do it.

Ron McKie presents Timothy Geithner thinks you?re fucking stupid posted at Phuck Politics.

Ron – don’t mince words now!  He and Obama just pulled one of the biggest con jobs on the American public.  I know if I was $34k behind in my taxes for a couple years I would probably be in jail by now.  They’ve just set the new standards for the next 4 years – them and us.  They have their own rules and we have to follow other rules.  There is absolutely nothing about “change” in this Obama administration.  It’s the same old Democratic tax and spend, Republican good ol’ boy network, Washington politics as usual.

Politics

Tamir Birk presents Israel Threatens a Disproportionate Attack on Hamas posted at Informed Vote | Keeping Canadian Voters Informed.

Excellent analysis and commentary Tamir.  Given the fact that Hamas is about the size of a pimple on the ass of Israel – any response would be considered “disproportionate.”  But, I am in full agreement – they need to eliminate the source once and for all.

Nayano Taylor-Neumann presents Anti-Semitism in the slip stream of the Gaza conflict posted at A possie in Aussie.

The world has gone mad Nayano.  It would be great if we could truly have world peace – but – there are just too many idiots out there that love the chaos and will just continue to fuel the fires of hate.  This is a great post and a good attempt at getting people to see the world around them and reflect about how these things make you feel.  Prejudice and racism suck!

Michael Haltman presents This Is A Stickup America [del.icio.us] posted at The Political and Financial Markets Commentator, saying, “What Do Politicians Love More Than A Drop Dead Deadline For The Passage Of Legislation”

Let’s hope they actually slow this damned thing down.  I know the Republicans are making an attempt to make sure every line is read and anything that does not stimulate the economy is addressed – the problem is that the Dems and Obama are trying to sell the public a bill of goods stating the Republicans are just being obstructionists.  Funny how they keep forgetting to mention there are several from their side that are opposed to all the pork and earmarks in there!

Republicans

Michael Haltman presents An Open Letter To Nancy Pelosi [del.icio.us] posted at The Political and Financial Markets Commentator, saying, “End the verbal platitudes, end the blame game, end the endless politicking, put the country first and your career second, stop looking for what is in it for you and instead look for what is in it for all of us, understand that what you in Washington think is a big card game is peoples lives that are at stake.”

Awesome, Michael – you took the words right out of my mouth and then some.  I’m not sure you’re going to get a response back from those other guys either!

That concludes this edition. Submit your blog article to the next edition of the bobo carnival of politics using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

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