Wednesday, January 21, 2009

Pomp and Circumstance Over, POTUS Obama Gets To Work

Now that Obama is officially President of the United States, it's time to get down to work.  He's already planning to call for closing Guantanamo Bay within one year, including already suspending war crimes trials currently taking place there.  There is still no public idea of what may happen to the Islamic terrorists at Guantanamo Bay, but Ireland says that they may accept some of them.

 

Obama's nominee for Treasury Secretary, Timothy Geithner, has apologized for not paying his taxes.  An apology shouldn't be enough, because he didn't just make a simple mistake; he cheated on his taxes.  Remember, the IRS will fall under his jurisdiction.  He also wants reform on the bailout plan.  As we've learned from Henry Paulson, he can pretty much do whatever he wants to do with the money.

 

The Obama Administration is also pushing to complete another financial rescue plan that may include the creation of a government bank to buy bad assets.

 

The new Administration is also pushing for transparency, as reflected by the new rules that Obama gave his White House staff today, which included pay freezes for any White House staffer making over $100,000 a year.  That makes you wonder whether or not the Obama administration will tell us who got our bailout money.

 

Obama will be able to keep his Blackberry.

 

GM is already saying that they could run out of cash by March 31.  That means they'll need another bailout from us, just as they are surpassed by Toyota as the biggest carmaker for the first time in history.  Chrysler also wants another $3 billion to complete their deal with Fiat, while they're helping to pay for a movie.

 

After the CBO report came out yesterday that showed that only a very small portion of the "stimulus" package would reach the economy this year, the Obama White House sent an aide out to criticize the CBO report.

 

Dutch politician Geert Wilders faces charges of "insulting groups of people" and "inciting hatred against people of a certain faith" for his movie, Fitna, which criticized Muslims.

 

A few members of the State Senate want to force the state Department of Transportation to give 10% of state transportation contracts to small businesses.  Also regarding transportation, some House Republicans are considering a state takeover of MARTA.

 

The Welcome Center in Plains will be closed due to budget cuts.

 

The General Assembly is back in session, and busy cutting the budget, especially because they want to save the homeowners property tax relief grants, which Perdue did not include in his budget.

 

The Houston County Commission voted last night to approve a contract to get the ball rolling on the early warning system.

 

The Stuckey's candy plant in Eastman will close in April.  Despite this, the economy throughout Middle Georgia is not as bad as in many places, especially for restaurants in Houston County.

 

In Jones, Oklahoma, a flaming squirrel caused a wildfire.  You can't make this stuff up.

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