U.S. National Debt Clock : Real Time

U.S. National Debt Clock : Real Time

Definitely worth a look, especially if we're to have a serious intelligent discussion of the economic landscape.

Seeya,
AM Son

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Economic Scene - Success of Stimulus Bill Is Noteworthy as Another Is Weighed - NYTimes.com

Economic Scene - Success of Stimulus Bill Is Noteworthy as Another Is Weighed - NYTimes.com

I'm no economist or mathemitician.  Heck, I don't even handle our bills and checkbook- Em does that since she works at the bank.  But I think I know a level headed article about our "situation" when I read one.  The NYTimes article linked above is a good objective judgment about the economic state of our nation.

If you've been paying attention to news, media, etc over the past several months, you would know that President Obama is taking considerable heat for the lack of progress in healing our wounded economy.  To be fair, I should admit that I voted for Obama- and I'm still extremely glad that I did.  I don't want to heap too much praise upon him just yet- I'll wait for history to determine weather or not he was a successful leader- but what I do want to be capable of is allowing the situation to play out without rushing to judgment.

This article keeps my pulse rate and blood pressure right where it should be- elevated due to concern, but stable and not in need of worry.  If I were to listen to and read most of the off the cuff reactionary shouting out there, I may need to visit the ER. (I'm talking to you Sarah Palin, Tea Pary-ists, and conservative radio pundits)

The article lays out some basic elements of the situation- hopefully it has the same effect on you that it did on me.

Take care,
AM Son


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I'm back... sort of!

It's been far too long since I posted to the blog.  Let me get back into form- I'll start with this simple update:

President Obama and the White House released the proposed 2011 budget today, which can be found here.  Here, here, & here (from all sides) are a few useful links which analyze the proposal.  What are your thoughts, what do you think Congress will do with it?  Obviously, without reading the entire budget it is difficult to discern right/ wrong, good/ bad, spend/ save and the interests that may or not be driving the proposal.

Seeya,

AM Son

As Golfing Season Rolls Into Town...

...and as you've probably noticed, I'll be less and less active with regards to posting to my blog.  Whenever I can consistently work less than 75-80 hours per week I will get back into the swing of things.

I hope that's sooner rather than later.

Take care,

AM Son

Zakaria Always a Voice of Reason

Here's a short article/ interview with Fareed Zakaria about the recovery/ stimulus plans.  Zakaria is a foreign affairs analyst (and IMHO Genius) who always seems to think rather than react.  I like his long-term style over the the instant gratification that many of the analysts du jour are peddling.

Note: I'm a biased Fareed Zakaria fan, but I still cannot help but view the current economic situation in similar terms as he.  We must be deliberate, strong, and wise- not hasty, reactionary, and accusatory.

Peace

AM Son

Credit Crisis Explained

Here it is, all layed out and simplified...

 

Peace

AM Son

Welcome President Obama!

[caption id="" align="alignnone" width="611" caption="Obama in a moment of pause"][/caption]

We have a new President...  and that makes me very happy!  Congratulations President Obama!

Peace

AM Son

Disappointment? Are you crazy?

In one of his final press conferences as President, George W. Bush was asked about and discussed many of the events that transpired during his tenure as President.  Here's a direct quote from ol' Georgey, where he responded to a question about weather or not he made mistakes during his 8 years:

Question: And I'm not trying to play "gotcha," but I wonder, when you look back over the long arc of your presidency, do you think, in retrospect, that you have made any mistakes? And if so, what is the single biggest mistake that you may have made?

Answer: There have been disappointments. Abu Ghraib obviously was a huge disappointment during the presidency. Not having weapons of mass destruction was a significant disappointment. I don't know if you want to call those mistakes or not, but they were -- things didn't go according to plan, let's put it that way.

So wait.  Let me get this straight.  He thinks it was a "disappointment" that Saddam didn't have any WMD's?  A disappointment?  Are you kidding me?

So, if I'm understanding this phrasing and direction of thought, George W. Bush- one of the most powerful men in the free world- would rather have found out that one of the most cruel and savage dictators of our time had the means with which to kill many millions of innocent people with one push of a button?  Is that right?  Bush would have been comforted to know that there were WMD's in Iraq?  Ok, I get it...  I get it now...  it's all clear to me now: he's disappointed that he had no good reason for war.  The fact that they weren't there upsets him- he's disappointed.  In other words, the WMD's were a means to an end...  haha, silly me,  and I thought the war was because of the WMD's.

There's only one way to perceive this information...

You, Mr. President, are the disappointment!

(2 more days...)

Peace

AM Son