Friday, August 27, 2010

Relapse Summer 2010

Relapse Summer 2010

As thousands of mortgagors, many of whom wouldn’t qualify for mortgages in the real world, line up to be bailed out by the feds, as the nation’s recession birth rate falls to 2.7%, the lowest in a century, as Joint Chief of Staffs Chairman Mike Mullen warns that the national debt is endangering national security, President Nero Obama fiddles away, chows down on shrimp and lobster, golfs, parties with the other rich and famous on Martha’s Vineyard, and generally enjoys the hell out of his sixth vacation this year.

Is anyone minding the ranch? It certainly isn’t our vice president who revels in his own non-existent, Nirvana.

It can’t yet be termed a double dipper, it certainly isn’t the Big Dipper, but VP Joe Biden’s sanguine reference some weeks ago to the summer of 2010 as “recovery summer” is turning out to be one of the dumbest and most presumptuous remarks our dumb and presumptuous vice president has made to date.

Even if Biden’s July mantra was only part of the administration’s campaign to convince the American people not to believe their lying eyes and those lying economic numbers and it wasn’t one his very original observations such as, “This is a f***ing big deal!” the term “Recovery Summer” has been hung around the VP’s neck like a dead economic albatross.

And, not only is Recovery Summer 2010 collapsing into Relapse Summer 2010 but the administration doesn’t seem to much care or notice any more than they notice former rabid supporters turning on them as if they had a terminal dose of the plague.

When the CBO announces that Obama’s stimulus “may” have added 3.1 million jobs and lowered the unemployment rate by up to 1.7% in the second quarter and is unable to substantiate either of those bizarre claims and no one is able to locate any of those phantom jobs and the Commerce Department reports a paltry 1.7% GDP increase in that same quarter, people begin to wonder as should the Obamians.

When staunch Obamian from day one, David Letterman, begins cracking jokes about the sorry state of America’s financial affairs and refers to his former hero as a one-term president, which Letterman has been doing of late, Obamians might want to consider sitting up and taking notice even if, by force of habit, Dave and his writers still reserve their most scathing rips for George W. Bush.

However, when the media mogul, gazillionaire, highly-influential Mortimer B. Zuckerman . . .
(Read more at http://www.genelalor.com/blog1/?p=1867)

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