Tag Archives: Biden

Law Makers Should Impose Sanctions On AIG For Bonuses

My feeling are mixed on President Obama call to lawmakers to not govern in anger, by imposing taxes on  AIG bonuses.  I believe that congress in this instance is acting appropriately. Perhaps the President knows something that we don’t know. But on the face of it, it is wrong for executives to take government money and pay bonuses from it , especially at a time when when are economy is facing  problem, people are losing their jobs, and many are unemployed.

Some sanctions need to be applied to these execuitve to deter future activity and governement in Washginton should be more responsible. Mainly reading the language in bills that they pass. To make sure unwanted clause are not included in the bills. We will neer know  who was responsible for placing this clause in the legislation or who turn their head to let it pass. That is the trouble with Washington too much secrecy and too much behind the scene deal making.

Geithner Just Confirmed-President Obama Moves To Swear Him In

Timothy Geithner was just confirmed as Treasury Secretary and he is slated to be immediately sworn in by either President Obama or Vice Presdient Biden.  President Obama wants to put Geithner to work immediately.  He is a key player in the ongoing  and crucial stimulus package debate.  Currently the White house and  congress are in a fierce debate over the $850 Trillion dollar Stmulus proposal. Today alone, Home Depot, Sprint/Nextel, Catepillar among other announced layoffs.

Obama To Travel To The Inauguration By Train

President Elect Obama and his family will travel to Washington by train from Philadelphia , the weekend before the inauguration. This is a return to a tradition from past president who traveled by train to the inauguration ceremony. The morning of January 17, the Obama will participate in an event in Philadelphia, before boarding the train to pick up Vice President elect Joe Biden and his family

They will then proceed to Baltimore for another event on Saturday evening and then on to Washington for the inauguration.

Hillary As Secretary Of State

Hillary Clinton Secretary Of State.  It has a  ring to it.  CNN reports that Hillary is being considered by Barack Obama. She would bring Clinton star power to the White House. President Obama has a  enough confidence and self esteem to know his standing and hers.  It may be time for Clinton to leave a sinking ship in New York state, with the upstate economy on the rocks and state struggling to make budget.  It would be great time for Hillary who seems  a little warmer to Barack Obama now that the hostilities are over.  Hillary brings her White House  ties and her standing along with Bill around the world.

Obama is very smart and calculating.  He knows he needs to surround himself with very smart people and  he is confident enough to feel comfortable around them.  He resisted the urge to bring Hillary on as his Vice Presidential selection, perhaps to prove that he could win the White House  and her supporters on his own.  Hillary now sees him as an equal who can stand on his own. He has earned her respect. What better person for her to go to work for to build President Obama’s legacy and her own? After all she would be on the world stage as Secretary of State.

Palin Spends Big On Tax Payer Dime

Sara Palin travel expenses in Alaska charged the state over $2700 in lodging to attend an event in Pennsylvania. She paid a $1,300 airline ticket for her daughter to fly to New York to attend a women’s conference. In all Palin has spent more than $21,000 in expenses for her family. All charged to the Alaskan taxpayers.

With Sarah Palin there is a lot of baggage that seems to follow here. Trooper Gate loops heavy over Palin, who was determined to abuse her power in trying to fire a former Alaskan State Trooper. Yet Palin has also been reportedly spend of personal items in remodeling her house, even installing a tanning bed.

The Republican National committee spent over $150,000, outfitting Sarah Palin and her family.

Obama Is Not Taking Anything For Granted; Keep Working Hard

Obama has opened up a 10 point lead in most polls with less than two weeks to go in before the general election on November 4. But it is not a time for the Obama campaign to think the election is in the bag. It is not. Things can turn on a dime in this election and nothing can be taken for granted. So Obama will need to press hard these next two weeks.

The McCain campaign, particularly Sarah Palin has pressed hard by slinging mud, calling Barack Obama a number of things leading up to the election. Palin has called him a terrorist. An Associate of William Ayers. A socialist. And a number of other things. Of course all are negative. So going into the home stretch, while the Republicans continue to sling mud, Barack Obama cautions his side to not take anything for granted, because the election could still be lost by the Obama campaign.