Rahm Emanuel was caught talking to Blago on tape about Obama's Senate seat 21 times. Apparently he was leaning on Blago to appoint Obama advisor and confidante Valerie Jarrett (Senate Candidate 1) to the seat, and to do it quickly. Also coming out today, apparently Jesse Jackson Jr. is an informant for the feds on the Blago investigations, and has been ever since he refused to buy his wife a position on the Illinois Lottery Commission.
Only 17% of 8th Graders in Chicago schools can read at grade level, yet Barack Obama picked their CEO to be his Education Secretary. So even though the schools weren't good enough for his kids, the guy who ran them is good enough for yours.
Some conservatives in the Senate (including Saxby Chambliss) sent a letter to President Bush telling him not to use TARP money to bailout the UAW. Meanwhile, a sob story about suppliers to the Big Three shows that they've been (foolishly) taking IOUs from Detroit. That's the kind of bad business decision that warrants bankruptcy. Also, Honda, a profitable car company, has cut its profit forecast due to the global recession and a weak dollar against the yen, not look to Washington or Tokyo for a bailout.
Another reason to have absolutely zero pity for the UAW: they own a championship golf course that isn't making any money, and they have $1.23 billion in assets. They've made so much money milking the Big Three that they can almost pay for everything they're demanding on their own (for a while).
The biggest "duh" of the day goes to: President Bush, who says that he "abandoned free-market principles to save the free-market system." I've heard the same said about FDR.
There has been a lot of hay over the Bernie Madoff Ponzi scheme that ripped off some huge investors around the world, but his $50 billion scheme is nothing compared to the largest Ponzi scheme ever, Social Security.
Finally somebody said it: NBC's Mark Whitaker says that the media needs to "get tougher." It's hard to get tough when you're navel-gazing.
We have another Congresswoman calling for the return of the Fairness Doctrine. Democrat Anna Eshoo (gesundheit!) of California wants it to apply to cable and satellite, in addition to just radio and TV. Of course, this is all about shutting down conservative talk radio.
OPEC announced today that they are going to cut oil production by about 2 million barrels per day in an attempt to bring oil prices back to about $80 per barrel. But they can't price gouge or anything…
Environmentalists don't like Obama's "stimulus" plan. Building roads causes pollution.
Thirty-six states are facing budget deficits this year. Twenty-two of them are going to increase spending (including Georgia).
Cell phone providers are boosting capacity in DC to prepare for record numbers of people to view the inauguration of the Messiah. Where are all of these people getting the money to do this again?
People are already lining up in Atlanta for the release of the new "Air Jordans" next Tuesday. People who can sit in line for a week a) obviously don't have jobs; and b) therefore don't have the money to pay $230 for a pair of shoes. At least a few of them have profit in mind.
Senators Chambliss and Isakson got a federal grant to make improvements to the Macon Airport. As it is, the federal government is the only reason the Macon Airport is even being used commercially, because Georgia Skies is getting a federal subsidy for its flights from Macon and Athens to Hartsfield-Jackson. Naturally, their competition doesn't like the feds picking who wins and who loses.
Governor Perdue says that a new bass fishing tournament at Lake Lanier in 2010 gives him the last laugh for his "Go Fish" initiative. He's missing the point.
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