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The AIG Bonus Bogus

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This is a conversation with a friend I had regarding this blog post. I'm Isaac, in case you haven't picked up on that.

10:26pmIsaac

Basically, a few things

The real problem with the economy, and how to fix it

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Every day now, we hear the pundits talk about how they have no idea what to do.  They say the economy is bad, and getting worse every day.  There's a credit crisis, wall street's value is a little more than half what it was five months ago, homes are foreclosing, jobs are being lost, giant companies are going out of business.  As reporters repeat over and over again, everyone knows something needs to be done, but no one knows what.

Well, I know what.

Obamaconomy

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Obama said today that he is working closely with President Bush on a number of issues, most importantly the economy.  Perhaps that is understated; Obama is taking an unprecedented amount of control before he has taken office in a bid to, as he puts it, "hit the ground running on January 20th."  To this end, he's practically a co-president with Bush at this point;

Obama appoints Secretaries

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It's true: Senator Hillary Clinton will be Obama's new Secretary of State, Timothy Geithner will be the Secretary of the Treasury, and Governor Bill Richardson will be the Secretary of Commerce.  There are also unconfirmed rumors that Gen. Robert Gates will stay on as Secretary of Defense.

Geithner is a highly qualified economic authority who is president of the Federal Reserve Bank of New York and was a central player in this year's financial rescue plans.  We all know Clinton, and Richardson is the Governor of New Mexico with enormous experience.

Congratulations, all.  Obama's cabinet is certainly shaping up to be a powerful one, for better or worse.

Sarah Palin Jokes

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Sarah Palin on a Snowplow

Palin is blaming Bush for her defeat in the election.  Since she's back in the news, I decided to seize the opportunity to make fun of her some more.  Apparently, courtesy of the Daily Show tonight, "Yo Mama" jokes are out, and "Sarah Palin" jokes are in.

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