Everyone knows that when Martin O'Malley gets elected to a new position he immediately has his eyes on the next one. Baltimore City Council to Baltimore City Council President. Baltimore City Council President to Mayor of Baltimore. Mayor of Baltimore to Governor of Maryland. Only Kathleen Kennedy Townsend kept him from getting elected a term sooner. After he won his second and final (thank God!) term as Governor of Maryland, I firmly believe he began looking at what his next position would be. And now I think we see hints as to what that may be.
Many pro-O'Malley blogs and newspapers such as The Sun get so excited talking about O'Malley's future that they pee their panties. I think they want O'Malley to be President. Remember the "alabaster cities'" speech at one of the Democratic inauguration?
“America the beautiful, whose alabaster cities gleam undimmed by human tears…”
After he said that a lot of people turned and looked at each other and without words, knowingly asked each other, 'what the hell did that mean?' But O'Malley's supports at The Sun were so giddy they immediately deemed him a future Presidential candidate.
There was a lot of talk of O'Malley succeeding Babs Mikulski when she finally retires (please!!!!!) as a United States Senator. I'm afraid to say that I don't think she'll ever leave that position and she'll live to be 130. And you know Pakistani-born Chris Van Hollen, 65 year old Dutch Ruppersburger, and 60 year old Elijah Cummings are thinking, "That's my Senate seat!" I seriously doubt that 70 year old New Yorker Steny Hoyer is electable as a U.S. Senator from Maryland. And being a hard-left-wing state, the next in seniority is Roscoe "P. Coltrain" Bartlett. But he's a Republican. So you can cross him off of the list.
So with a future U.S. Senate seat in doubt, this week Marty 'my daughter got arrested for public intoxication' O'Malley may be giving us glimpses of his future plans. He is on a "trade mission" to boost trade between Maryland and China, South Korea, and Viet Nam. I'm certainly not against him doing this. Everyone knows that Maryland businesses need all the help they can get in this anti-business state. I can't imagine that O'Malley is trying to drum up business for all of the Federal government jobs in this state.
So what do you call a politician who's going around foreign countries trying to boost relationships and economic trade? You call that person a Secretary of State. Hillary Clinton is our current booster of foreign relations. Other famous Secretaries of State are Thomas Jefferson, James Madison, James Monroe, William Jennings Bryant, John Foster Dulles, Henry Kissinger, George Schultz, and James Baker. Are we going to add Martin O'Malley to that list? God help us.
Showing posts with label Steny Hoyer. Show all posts
Showing posts with label Steny Hoyer. Show all posts
Saturday, April 23, 2011
Tuesday, September 30, 2008
Economic Bailout Package
I haven't written in a while, but I have been busy. The work at my paying job has picked up, which is good when you see the economy melting down before your eyes. And family life is as busy as always. Soccer practice continues to occupy several days a week of my time and I was able to squeeze in the collapse of the Ravens last night on Monday Night Football.
So what has been occupying my thoughts for the past week or so is the crisis on Wall Street. I have watched my stocks tumble 10-30% in a short amount of time. I have not sold anything, so I haven't lost any money. As any good money manager will tell you, you haven't lost any money in the stock market unless you sell. When you sell, you've solidified your loss.
I have watched institution after institution collapse in terms of stock price and in name. It seems that the mere mention by the media that a company poised for collapse causes said company to collapse. In a short amount of time we have lost Lehman Brothers, Bear Stearns, Merrill Lynch, Washington Mutual (WaMu), Wachovia, and AIG. What would normally be a major headline for each company has become second page news given what it happening everywhere else.
The Congress continues to bicker about providing an economic bailout to rescue Wall Street and Main Street. Each round continues to fail and each party blames the other for the failure. However, the average Joe, while not having a great understanding of what is going on, does understand that his family is the one that is going to pay for it.
With the economy sliding into recession, by whatever definition you want to use, the government continues to print more money to devalue the currency, making our hard-earned dollars worth less. The government continues to borrow money from China and the Middle East, giving them more leverage over our economy and our future. And as the proverbial slap in the face, we are told by the government that the foundations of our economy are strong and that inflation is in check. Meanwhile, we are watching our retirement plans dwindle in value. Our salaries are rising at 3-4% per year if we are lucky. Yet we're paying 100% more for gas than we were several years ago and $100 doesn't go that far at the grocery store anymore. If inflation is in check, then why does everything cost more?
Americans are tired of the lies. The President lies to us. The Congress lies to us. The media lies to us. The 2 major candidates for Presidency lie to us. Wall Street lies to us. We are tired of the lies. We want the truth.
Explain this economic crisis to us. If a bailout is needed, let's pass one that doesn't have riders giving subsidies to farmers in South Dakota. Pass a bill that does not just give a handout to Wall Street to provide more cheap credit, which will cause more people to go out and buy homes they can't afford. Do not pass a bill that makes United States Government the largest financial firm in the country. Do not try to over-regulate the market and artificially inflate the housing market, the credit market, and the stock market. Do not pass a bill that you know will only make things worse in the long run.
We are not stupid. Stop treating citizens as if we are. As for the voters, it is time we wake up. Why are our Senators and Congressmen in office for 20, 30 years? We holler for change, then vote for the same bozos every election. Steny Hoyer has been in office since 1981 - that's 27 years. Barbara Mikulski has been in Congress since 1976 - 32 years!
I urge you to contact your elected leaders - Senators, Congressmen, and tell them what you think. And let me tell you - they are pretty tricky. I wanted to contact the other Congressmen in Maryland, but they hide their email addresses and the only way to email them is to complete a online form and lie about your information. Otherwise, it directs you to the Congressman in your district. I want all Congressmen to hear what I have to say, but they make it so that you can't tell them.
If you want change, it will not come in the form of incumbents. I don't care who your party is. If you're a Republican, perhaps it is time for vote for a Democrat. If you are a Democrat, perhaps it is time to vote for a Republican. If you want change, DO SOMETHING DIFFERENT! Otherwise, sit back and expect things to continue the way they are.
So what has been occupying my thoughts for the past week or so is the crisis on Wall Street. I have watched my stocks tumble 10-30% in a short amount of time. I have not sold anything, so I haven't lost any money. As any good money manager will tell you, you haven't lost any money in the stock market unless you sell. When you sell, you've solidified your loss.
I have watched institution after institution collapse in terms of stock price and in name. It seems that the mere mention by the media that a company poised for collapse causes said company to collapse. In a short amount of time we have lost Lehman Brothers, Bear Stearns, Merrill Lynch, Washington Mutual (WaMu), Wachovia, and AIG. What would normally be a major headline for each company has become second page news given what it happening everywhere else.
The Congress continues to bicker about providing an economic bailout to rescue Wall Street and Main Street. Each round continues to fail and each party blames the other for the failure. However, the average Joe, while not having a great understanding of what is going on, does understand that his family is the one that is going to pay for it.
With the economy sliding into recession, by whatever definition you want to use, the government continues to print more money to devalue the currency, making our hard-earned dollars worth less. The government continues to borrow money from China and the Middle East, giving them more leverage over our economy and our future. And as the proverbial slap in the face, we are told by the government that the foundations of our economy are strong and that inflation is in check. Meanwhile, we are watching our retirement plans dwindle in value. Our salaries are rising at 3-4% per year if we are lucky. Yet we're paying 100% more for gas than we were several years ago and $100 doesn't go that far at the grocery store anymore. If inflation is in check, then why does everything cost more?
Americans are tired of the lies. The President lies to us. The Congress lies to us. The media lies to us. The 2 major candidates for Presidency lie to us. Wall Street lies to us. We are tired of the lies. We want the truth.
Explain this economic crisis to us. If a bailout is needed, let's pass one that doesn't have riders giving subsidies to farmers in South Dakota. Pass a bill that does not just give a handout to Wall Street to provide more cheap credit, which will cause more people to go out and buy homes they can't afford. Do not pass a bill that makes United States Government the largest financial firm in the country. Do not try to over-regulate the market and artificially inflate the housing market, the credit market, and the stock market. Do not pass a bill that you know will only make things worse in the long run.
We are not stupid. Stop treating citizens as if we are. As for the voters, it is time we wake up. Why are our Senators and Congressmen in office for 20, 30 years? We holler for change, then vote for the same bozos every election. Steny Hoyer has been in office since 1981 - that's 27 years. Barbara Mikulski has been in Congress since 1976 - 32 years!
I urge you to contact your elected leaders - Senators, Congressmen, and tell them what you think. And let me tell you - they are pretty tricky. I wanted to contact the other Congressmen in Maryland, but they hide their email addresses and the only way to email them is to complete a online form and lie about your information. Otherwise, it directs you to the Congressman in your district. I want all Congressmen to hear what I have to say, but they make it so that you can't tell them.
If you want change, it will not come in the form of incumbents. I don't care who your party is. If you're a Republican, perhaps it is time for vote for a Democrat. If you are a Democrat, perhaps it is time to vote for a Republican. If you want change, DO SOMETHING DIFFERENT! Otherwise, sit back and expect things to continue the way they are.
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