just run the offense

I am very frightened for the time being, especially when I think of how far K street loot can go to get lobbyist to do un-American things. And on the backside of that is that the administration, from my understanding, is talking to me as if I am stupid. More amazingly is the number of regular folk in my community who don’t know or understand and just reduce it to the event of having a black man in office who inherited the problems of a white man.

It is not that bland or myopic for me, for all I really see the President as is a job description. One that has on the first line, the ability to be deceitful and masterful in the art of double speak via lies, misinformation or silence. Obama and the rest of the folk on Capitol Hill and Wall Street are not being honest with us, the American populous. They tell us that things are ok, that the economy is improving but the reality is that it is not.

Both the Treasury and the Federal Reserve were and are well aware of the troubles which the nine big banks in America face yet feel obligated to tell us otherwise, that the banks are in good shape, improving and that the $125 Billion we gave them has proved successful – not. The reason why I suspect is because these banks and lenders can’t collect on more than 20 percent of their loans, most of which are (non current) 90 days overdue. We have had almost 100 Banks fail thus far this year (which I predicted last year) and a 41 percent increase in personal bankruptcies over the last 12 months. The FDIC even projects more than 400 banks may fall as well. And these are not the Wall street folk, but the folk who be putting cash into mainstream America mostly through investing in your local strip mall and other commercial real estate.

Moreover, when we loose 16K to 67K in jobs on a given day as some papers have documented, things are not getting any better soon (next 3 years). It’s not a good sign. For me, when I see companies cutting 20% of their work force, it tells me about the future, and a future that is one of reduced sales and profits. I also know that the number is paraded out in front of me as the national unemployment rate as if it was in the Rose bowl aint the true value (as we stay in statistics when we speak of error). The model used by the Bureau of Labor Statistics attempts to estimate new job formation caused by the birth and death of businesses and as a result added more than 900,000 jobs when the compute overall unemployment. Which tells me that the true figure may be 20 percent or more?

We lost 263,000 jobs in September making by government number, more than 15 million unemployed since last December. Now I won’t ride the President for trying to get the Olympics, albeit he should have known that there has never been one in South America, and figured up front our odds were reduced. However I will ride him on this focus on healthcare especially since the economy is way more important that that. To me his health plan is more of a mandate and tax. Telling me I have to have to purchase insurance is an economic issue more so than health one to me since it would become a part of the Internal Revenue Code and that failing to comply "could be criminal” - punishable by the $25,000 fine or jail time under Section 7203. I do not know about others, but it is hard for me to accept the prospect of the government mandating for me to pay for and to have a service I may or may not want. Tell me where is it written that in order to be a lawful citizen of this country that I have to buy any good or service? The dollar aint worth jack anyway, especially after the power move the Arab states just made. Mr. President and his flunkies, get your head back in the game, study your playbook and just stick to the offense, run the offense and stop diddle daddling around before we put yo but on the bench

no such thing as a jobless recovery

Ok, let me get this out the way, I am sick and tired of this wagging the dog health care debate. A few weeks ago, I pointed out that 80 banks had failed. As of yesterday 91 had fallen victim to poor fiscal responsibility and lack of federal and state over sight.

I still see no real change or attention focused on our economic quandary. Seems to me even the general public doesn’t care. I mean I suspect most folks are employed so really do not have a vested interest in the issue, unlike me who has to pay himself as a small business owner and one who sees business after business around me close and vacant retail space amass like bubbles in bath water. I have patiently been trying to give the current administration a chance to show some balls and actually take this bull by the horns and make some real structural reforms such to get our financial system stabilized and to squash this problem. How ever, Obama has done much to do about nothing from my objective prism. I mean, I’m tired of this “to big to fail argument” that is recanted like some type of witches spell without defining what to big to fail means or describing the process by which such a determination is made. We have had 9 big bail outs over the last score of years and yet our current president still replicates the stupidity of a man who said that he was “suspending the principals of free market to save free markets” – George Bush. Obama has made no structural changes with respect to what has gotten us in this position and even worse, has the same minds over the problem who contributed to this problem.

I know that health care reform is his baby, but who needs or can afford health care if one is broke? Not me, gimme some loot and the ability to make loot. All the money you gave to big banks cant be accounted for and isn’t doing what the present administration described it would – restore credit and lending and remove toxic assets off the books of banks who got our loot. This incessant focus on health care is not as essential as focusing on the economy and anyone who disagrees can kick boulders barefooted. Unemployment is at a 26 year high and all I am hearing is shit about a public option and illegal aliens. Teen unemployment is at 25 percent and speaking of toxic assets, we still don’t know what is on the books of these banks we gave our loot too. I’m not the sharpest knife in the drawer but I can speculate that toxic assets in the form of retail commercial real estate that has lost maybe half their value and credit card receivables that I am sure have declined due to folks loosing their jobs or houses, have decreased as well.

Folk, I was born here and this descendent of slaves cares more about me being able to feed my kids than getting a H1N1 vaccine. We cannot bail out folk with non performing assets yet over look us at the bottom of the food chain. I do not know if Obama really cares more about health care or the bank lobby is really that strong. What ever the case, I know that credit markets are still frozen and that the artificial bubble we see in the stock market may be a function of the poorly thought out “too big to bail” mantra. Please show me some or at least one new regulatory reform. Mr. Obama your administration aint done jack, nada. I want you to succeed but your inactivity and bush economic copy catting aint gone do nothing because we will see more bank failures due to commercial bank failures for the next few years. Ones, don’t give the FDIC more of my money if you do not take this seriously, for I firmly believe that I do not need health care if I cant pay my mortgage, feed my kids, and I am broke. Aint no such thing as a jobless recovery mane.

PS – will deal with them racist over the weekend

free health care for all

Americas REAL 2 party system

I have come to the conclusion that there are just two parties in America – Wall Street and Washington government. And as such, they are vying like two wrestlers for the world championship belt of complete economic control and domination. I mean unlike us, they are elitist that really want to run the world, I saw this with the bailout. But it has been made clearer with the proposed Health care debate.

It is apparent that Obama nor the members of the House have no clue of what they are talking about with respect to health care reform or even to what is in the bill that has been proposed on behalf of the current administration - even the President himself. From what I have read and heard, none of the talking heads on the media or the political class have no inkling of understanding regarding the nature and extent of the problem.

There is no real focus on the evaluation of how insurance companies make their money. This essential if they attempt to solve the most basic health care concerns of average Americans. Truth be told, we really don’t need any government healthcare. Instead, we need more regulation, both with respect to how insurance bodies operate, redacting the negative impact of capitated health care. And the FDA and drug pricing and development issues. Medicaid, Medicare and social security is broke and it is hard for me to believe that the government or Wall Street have the metal let alone intellectual prowess to run 1/7th of our economy.

See, the way insurance companies work, is by spreading risk. On one end, they have the capacity to add new individuals to purchase new policies and on the other, they can just refuse to insure, or drop people because they feel they are two expensive (usually the elderly, the poor, minorities or folks with Diabetes, Cancer of AIDS). If this as well as the fact that MBAs instead of Physicians and scientist run health care is not discussed, it is no way to get any change instituted. Thus I can see why may expect that the government, if they ran health care, would be no Different than Wall street; they too would ration health care, as they do now, when folks are elderly and most likely in the last years of their life as is the practice now.

Congressmen, who took millions from these Wall Street banks, are the same ones who are asked to solve, develop and vote on issues of health care reform. Real reform would be to regulate what is already out there and institute practical changes that actually focus on the individual instead of the bottom line and profit margin. Neither politicians nor Wall Street will ever look at this from a profit versus non-profit perspective because doing such would be pragmatic. The reality is that insurance companies are run by Wall Street via hedge funds and the government by tax payers who are hedged upon. When long ago, health care operated very cost effectively when run at the state level by not for profit health care vehicles controlled by physicians.

I’m certain we all have heard directly from our physicians words that make no sense. I mean doctors will tell you if you ask, that what “treatment that you may get, will be based on what the insurance company will say.” This is the American way. I feel the debate should be reframed. First for folks to talk about health care reform or even universal health care and they are insured is disingenuous and merely show and tell time. Especially politicians who will have their health care paid by folk like me for the rest of their life. Health care way better than what I or any one who reads this would get.

So don’t get excited if we don’t change again. For the real American two party system involve Wall Street and Washington Government. And we can’t regulate either.

joining the rest of the civilized world

These rickety splitting politicians, including Obama, talk about health care as if it is an easy problem to solve. All like I said have put of some big-worded proposals on the table that sound delicious in sound bit form on the surface. Clinton REQUIRES all citizens to have coverage versus Obama’s plan to start with children first. In addition, I have noticed that a thorough review of McCain’s plan (although he use the Mantra of Obama now which is making health insurance more affordable) sounds like he is dealing with a telephone monopoly by suggesting his goal is to foster more competition in an effort to reduce costs and improve the delivery of services. He also wants to provide folks with a refundable $2,500 tax credit as an incentive to buy insurance.

Similar to McCain, Hillary Clinton plan also focuses on lowering costs and improving quality. I find the latter with respect to both McCain and Clinton as being feculent given that America has the best health care in the world. So to me, improving the quality of our health care misses the point.

Although I believe the Obama's plan is the most practical and comprehensive (not hard for a c minus to beat 2 D pluses), he too misses the point on the general issues at hand. As I read his prospectus, he is more concerned about specifics such as mental health, Autism, AIDS and Mercury Pollution. True, he as clinton and McCain want to expand research and place the Insurance companies in check, they still don’t seem to have a veridical or pragmatic approach to health care.


Truth is none of these folks running for president seem to notice the wide range of cost for the same procedures across states and even hospitals in the same states. Using me as an example, which I think is most folks, know who offers the best service in anything and who has the lowest prices. As a consequence, folks tend to go, and are willing to drive to those institutions that have both and the politician’s plans do not address this. Moreover, none even talk or mention the fact that there is a very demanding shortage of Nurses and physicians in America. They also do not deal or address the fact that medicine and health care is being run by business men as opposed to physicians and scientist - foul. Thats like having wall street run by a maid to me.

I know many folks say that health care is a privilege as opposed to a right and accordingly, some folks really believe that only people who can afford health insurance should have it. Such a premise is primitive to me. I mean, what will these folks say 20 years from now when there is a worldwide food shortage? Will they say that only people who can afford food deserve to eat? We are talking about mainly people who are working and still can’t afford health care or the massive deductibles required before the benefits of insurance kick in. Having universal health care will not do anything and may not even help. So big wig politicians, revamp, focus on trying to get more folks insured as opposed to all folks. By doing the previous it is easier to accomplish the latter. Otherwise we will be in the same boat and with respect to health, America will never join the rest of the civilized world.