President Obama's State of the Union: Ten Skirted Issues
source: http://www.nomiprins.com/thoughts/2012/1/24/president-obamas-state-of-the-union-ten-skirted-...
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- maasanova
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It turned out that my pre-determination proved accurate. I wonder if the members of Congress felt the same sense of same déjà vu that I did, as they were bopping up and down and applauding.
Obama's speech was a compilation of highlights from his past ones. One part optimism, two parts repetition equals one total uninspiring.
1) The cost of healthcare insurance
2) Student Loan Defaults
3) Youth unemployment
4) Big banks
5) Small banks
6) Borrowers
7) Recent regulator incompetence
8) MF Global and customer money
9) Banks hoarding
10) Obama conveyed that we dodged a bullet with getting the banking system under control. He didn’t note the rising risk in the banking system: the largest four US banks (JPM Chase, Citibank, Bank of America and Goldman Sachs) control nearly 95% of the US derivatives market, which has grown by 20% since just last year, to $235 trillion JPM Chase holds 11% of the world’s derivative exposure, Citibank, Bank of America, and Goldman comprise about 7% each. Goldman has 537 times as many (from 440 times last year) derivatives as assets and it’s still considered a bank holding company (as per Bernanke) that gets federal backing.
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Ten Skirted issues:
1. The Newter is a known cross-dresser
2. Cantor always "Dresses properly" when going before his owners.
3. Scott Walker knows what the Kochs prefer on their minions.
4. Everyone tacitly knows what the de rigueur dress code is at the Bohemian Grove
5. Google pictures of Mad King George III [W.} when he/she was cheerleader at all-boys school.
6. J. Edgar, most famous Republic Syndicate Unit in law enforcement was known for..........................................?
7. Sen. Larry Craig was "set in his ways."
8. Mark Foley was, well, you know where his sympathies "laid."
9. Republic Syndicate Unit, Vitter, had some "unusual" wardrobe choices.
10.The Newter and B-1 Bob were shut down by the Republic Syndicate Leaders because they couldn't afford to have the truth told about Syndicate Units. - 4 months ago
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