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Slipping into Socialism or Sliding
into Protectionism? Obama says SHAME ON YOU to Wall
Street and really: what are they doing giving $2 billion in taxpayer dollars out
to their executives in the form of bonuses for failures? A very feisty
discussion follows, lots of interrupting each other, but ultimately, all three
agree, it’s irresponsible. Obama’s recovery plan has taken the bi out of
bi-partisan, and left a wide divide between the Dems and GOP. Did he subcontract
the plan to Nancy Pelosi? Were Republicans listened to at all? They voted NO in
lockstep. And Tony is upset with the language Obama used in talking about Muslim
nations on his Al Arabiya TV interview – says he’s gotten the history wrong.
Arianna’s in Davos and simply
couldn’t get away to join the show today. Apologies.
Here's that Slate piece Matt mentioned:
The Quitter Economy
Companies are liquidating; homeowners are mailing in the keys. Have we given up?
Obamarama; Bankers Behaving Badly; Foreign Policy Choices; Caroline KO’ed
Well, he’s the man now. We discuss the symbolism, the messianic atmosphere surrounding the Inauguration versus the hard realities Obama says we’re facing and the first of many policy decisions he’s already made, plus those he’ll be tackling. Bank execs who are tone deaf give the tone deaf a bad name: what ARE they doing with our money? George Mitchell, Richard Holbrooke, Hillary Clinton: familiar faces but not lately -- is the world getting the message? There’s been a regime change in America. And can the Kennedys ever regain their dynastic power? Caroline’s out…and it’s mostly her own fault.
Just after the link to the Krauthammer piece he mentioned, Matt wanted me to share this humor piece about the Faux Bush Library which he mentioned during his rant; and don't forget, Matt and Tony both have new books out -- Tony's is quite tough and unapologetic, called American Grit: What It Will Take to Survive and Win in the 21st Century and it's likely to stir some controversy. Don't forget Matt's book The Tyranny of Dead Ideas. You might be interested in knowing that the photo of Matt at that link was shot by our photographer the night we did the post-election round up live stage show.
Obama’s Inaugural Surprise
Friday, January 23, 2009; Page A15
Fascinating speech. It was so rhetorically flat, so lacking in rhythm and cadence, one almost has to believe he did it on purpose. Best not to dazzle on Opening Day. Otherwise, they'll expect magic all the time. …(link above)
The GWB Presidential Library
Please Donate to the GWB Presidential Library
Dear Fellow Constituent:
"The George W. Bush Presidential Library" is now in the planning stages and accepting donations.
The Library will include:
1. The Hurricane Katrina Room, which is still under construction.
2. The Alberto Gonzales Room, where you won't be able to remember anything.
3. The Texas Air National Guard Room, where you don't even have to show up.
4. The Walter Reed Hospital Room, where they don't let you in
5. The Guantanamo Bay Room, where they don't let you out.
6. The Weapons of Mass Destruction Room, which no one has been able to find
7. The National Debt Room, which is huge and has no ceiling.
8. The Tax Cut Room, with entry only to the wealthy.
9. The Economy Room, which is in the toilet.
10. The Iraq War Room. (After you complete your first visit, they make you go back for a second, third, fourth, and sometimes fifth visit.)
11. The Dick Cheney Room, in the famous undisclosed location, complete with shooting gallery.
12. The Environmental Conservation Room, still empty.
13. The Supreme Gift Shop, where you can buy an election.
14. The Airport Men's Room, where you can meet some of your favorite Republican Senators.
15. The Decider Room, complete with dart board, magic 8-ball, Ouija board, dice, coins, and straws.
Note: The library will feature an
electron microscope to help you locate and view the President's accomplishments
The library will also include many
famous quotes by George W. Bush:
1. 'The vast majority of
our imports come from outside the country.'
2. 'If we don't succeed,
we run the risk of failure.'
3. 'Republicans understand
the importance of bondage between a mother and child.'
4. 'No senior citizen
should ever have to choose between prescription drugs and medicine.'
5. 'I believe we are on an irreversible trend toward more freedom and democracy - but that could change.'
6. 'One word sums up
probably the responsibility of any Governor, and that one word is 'to be
prepared'.'
7. 'Verbosity leads to
unclear, inarticulate things.'
8. 'I have made good
judgments in the past. I have made good judgments in the future.'
9. 'The future will be
better tomorrow.'
10. 'We're going to have
the best educated American people in the world.'
11. 'One of the great
things about books is sometimes there are some fantastic pictures.' (During an education photo-op)
12. 'Illegitimacy is
something we should talk about in terms of not having it
13. 'We are ready for any unforeseen event that may or may not occur.'
14. 'It isn't pollution that's harming the environment. It's the impurities in our air and water that are doing it.'
15. 'I stand by all the misstatements that I've made.'... (George W. Bush to Sam Donaldson)
PLEASE GIVE GENEROUSLY!
Sincerely,Jack Abramoff, Co-Chair
G.W. Bush Library Board of Directors
More Bailout; Geithner, Holder Appointments; Gaza News; W's Legacy; Obama's Inauguration
Citigroup is tanking, BofA gets another bailout, and yet not one single American has received one single dollar for mortgage assistance. Is this taxation without representation? Timothy Geithner: a tax cheat as Treasury Secretary? Eric Holder: Tony’s still troubled by his Marc Rich pardon. There's some movement in the Israel/Gaza conflict--we hope it ends soon. Is it pointless to investigate the Bush administration for alleged high crimes and misdemeanors; would such an investigation portend the end of democracy? And will expectations outweigh the realities facing Obama?
A Note From your Bloginatrix:
In my Second Life (actually my non-work life) I am a gardener of dubious distinction but passionate engagement. I was pleased to pass on news of this idea to the former NPR Garden Blogger Ketzel Levine, now it's been awarded grand prize idea at OnDayOne.org. I heartily advocate this concept and want to share it with all of you.
UPDATE on 1/12/2009: Listen to Matt Miller discuss "The Tyranny of Dead Ideas" on Tue., Jan. 13 at 2:30 pm PT at www.KCRW.com/etc/programs/pc (streaming, podcast and on-demand) with LA City Council President Eric Garcetti.
Please get creative: show us what a Panetta Kerfuffle looks like.
Economy/Unemployment; Gaza Burning; Panetta Kerfuffle
We’ve invented a new dessert: the Panetta Kerfuffle, but that comes later in the show. First we collectively decide that Obama’s big speech about the economy may not be big enough. Then the inevitable disagreements over the Israel/Gaza conflict are discussed. No end in sight. And finally: the Panetta Kerfuffle. Take one former Clinton Chief of Staff, throw in the initials CIA, mix together with whining establishment Senators and Congressional Representatives, add a dose of media and questions about Biden’s involvement and – you’ve got the Panetta Kerfuffle.
Just for fun:
Watch Matt Miller on COLBERT REPORT here: http://mattmilleronline.com/index2.php
LINKS MENTIONED IN TODAY'S SHOW:
Paul Krugman, THE OBAMA GAP NY Times 1.9.09.
http://www.nytimes.com/2009/01/09/opinion/09krugman.html?_r=1&ref=opinion&pagewanted=print
“I don’t believe it’s too late to change course, but it will be if we don’t take dramatic action as soon as possible. If nothing is done, this recession could linger for years.”
So declared President-elect Barack Obama on Thursday, explaining why the nation needs an extremely aggressive government response to the economic downturn. He’s right. This is the most dangerous economic crisis since the Great Depression, and it could all too easily turn into a prolonged slump.
But Mr. Obama’s prescription doesn’t live up to his diagnosis.
Today’s must read MSM piece is a brutal Bloomberg column, delineating why the Bailouts have been such a sweet deal for the banks. Despite the gross incompetence and sheer recklessness of Wall Street and the Financial sector, they were handed massive amounts of money with little in the way of returns to the taxpayer, no specific guidance or requirements....
Source:
Paulson Bailout Didn’t Give Taxpayers What Goldman Gave Buffett
Mark Pittman
Bloomberg, Jan. 9 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=aAvhtiFdLyaQ&
Geithner Preparing Overhaul Of Bailout
Obama Team Broadens Scope to Secure Final $350 Billion for Rescue
By David Cho
Washington Post Staff Writer
Friday, January 9, 2009; A01
Confronted with intense skepticism on Capitol Hill over the $700 billion financial rescue program, Treasury Secretary nominee Timothy F. Geithner and President-elect Barack Obama's economic team are urgently overhauling the embattled initiative and broadening its scope well beyond Wall Street, sources familiar with the discussions said.
ARIANNA MENTIONED http://bailoutsleuth.com/
***UPDATE 1/6/08: MATT MILLER APPEARS ON TONIGHT'S COLBERT REPORT talking about his new book, The Tyranny of Dead Ideas.***
Happy New Year...we hope. Today we don't solve the Middle East crisis that Israel and Gaza are creating. The President-elect is back in town -- what kind of challenge does the Gaza conflict present him, what kind of stimulus package will Obama present us, and will Congress be on board? The inevitable discussion about fraud and accountability ensues. The tainted and unrepentant Rod Blagojevich throws Dems into disarray over his choice of a relatively untainted and unrepentant Roland Burris to replace Obama in the Senate; and a brief commentary on why Caroline Kennedy should/shouldn't will/won't be selected to replace Hillary Clinton. Plus rants. Weigh in here, then take to your corners...gloves not required but keep those punches clean and no iron knuckles! Links to books/articles mentioned are below.
The Necessity of Israel
Charles Krauthammer
Friday, January 02, 2009
http://townhall.com/Common/PrintPage.aspx?g=f7cad698-25c2-4cc5-a1bd-6a959e91f0a1&t=c
Late Saturday, thousands of Gazans received Arabic-language cell-phone messages from the Israeli military, urging them to leave homes where militants might have stashed weapons. -- Associated Press, Dec. 27
WASHINGTON -- Some geopolitical conflicts are morally
complicated. The Israel-Gaza war is not. It possesses a moral clarity
not only rare but excruciating. (read the rest at link above)
A Guide to the Good Life: The Ancient Art of Stoic Joy (Hardcover)
by William B Irvine (Author)http://www.amazon.com/Guide-Good-Life-Ancient-Stoic/dp/0195374614/ref=pd_bbs_sr_1?ie=UTF8&s=books&qid=1230933183&sr=8-1
We're looking back at the year that was. Please note that we had to record it last week. Unfortunately, Arianna's not with us. Next week possibly a predictions show -- or we'll just talk about whatever's been in the headlines. Happy New Year to all in advance. We welcome your comments, as usual. Thank you all so much for participating in this forum. We will continue the dialogue in the years ahead and we wish you health, peace, and joy.
***UPDATE 12/29/08: MATT'S LATEST COLUMN IS INCLUDED BELOW*****
A wish for the world this holiday season. Peace to all and may our future be hopeful.
MENTIONED ON TODAY'S SHOW
MATT'S BLOG!
mattmilleronline.com
New York Times Op-Ed Columnist
The Madoff Economy
By PAUL KRUGMAN
Published: December 19, 2008
The revelation that Bernard Madoff — brilliant investor (or so almost everyone thought), philanthropist, pillar of the community — was a phony has shocked the world, and understandably so. The scale of his alleged $50 billion Ponzi scheme is hard to comprehend.The scale of his alleged $50 billion Ponzi scheme is hard to comprehend.
Yet surely I’m not the only person to ask the obvious question: How different, really, is Mr. Madoff’s tale from the story of the investment industry as a whole?
Charles Krauthammer's syndicated column
http://www.azstarnet.com/sn/printDS/272324