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Is President Obama Tough Enough?

Posted by robjh1 on Sunday, November 01, 2009 12:00:00 AM
Is President Obama tough enough? What?

You read it right. This is the latest question being peddled around by the all knowing media (of which I am apart of). The media has gone from telling us the President is cool and smart to asking is he tough. This I might add is causing doubt in the minds of some Americans and the global community. Interesting how some of us change our minds quicker than we change our unmentionables.

A clear observation would dictate we look at previous Presidents.

Jimmy Carter was country. Ronald Reagan was thought to be tough, mean and a finger tip away from a nuclear war. The first George Bush was viewed as Mr. Softy yet stern. President Clinton was slick Willy, a ladies man with a hot temper and the last George Bush tough as nails with his “Dead or Alive” mantra. Now we have Cool Barry. Mr Ultra Laid back who takes his time in making decisions while others wait. He won’t be pressured or bullied. He doesn’t get flustered or shows any emotions of stress (other than his hair getting whiter). He is polite, thoughtful and rarely if ever raises his voice. He greets world leaders with a smile, handshake (some saw a bow) but overall the man is cerebral. What more could we ask for in these uncertain economic times?
Do we want a President who is constantly telling us things are bad? A President who makes hasty decisions because the media writes the economy is taking too long to recover (remember it was the media who said put him in office and all our problems would go away)? Or do we want a President who would threaten those seemed as enemies to get with the program or else (Ha! Look where that got us over the past eight years).

Let’s be fair what exactly is it that the media wants short of running the country themselves? Let’s be fair and give the man a chance to do his job. He has a lot on his plate. Not to mention a nagging media constantly submitting suggestions on their take of what he should or shouldn’t do. Mind you this is coming from a person who didn’t vote for the President, but I respect what he is doing and wish him well. He is after all our President. I can agree to disagree without being disrespectful or being belligerent and saying I have the right to disagree (missing using the right).

Blame the media's inability to clearly report accurately what is going on in the world.

Is he tough enough? It all depends how you define tough.

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Cutting Back For The Greater Good

Posted by robjh1 on Friday, March 13, 2009 12:00:00 AM
With the enconomy being in dire straits, I have decided to cut back on listening to money gurus like Bernie Madoff, who pontificate how great they are only to be proven as FRAUDS!
I am also cutting back on listening to clowns like Rush Limbaugh, who is hurting our Republican Parties. We need a change!

I am cutting back on believing IVY leaguers are the cream of the crop. Wrong, some of them are cheaters!
I am cutting back on thinking if Wall Street said it's a go. Wrong, you better double check the numbers and even triple check. If it smells it stinks!
I am cutting backing on thinking one stop shopping big banks is the way to go. Wrong! Stick with a solid small bank and you want go wrong.
I am cutting back on investing in Wall Street. You have to know when to hold'em and know when to fold'em.
I am cutting back on listening to people slander Wal-Mart as the evil giant. Wal-Mart will keep many afloat in this dire economy.
What am I not cutting back on? Believing that we as Americans can't do anything if we set our minds to it. Nor will I cut back on thinking the Republican Party can't be a party for all and not limited to ego maniacs who can't see they are stifling our growth!
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Do We Need The SEC?

Posted by robjh1 on Friday, March 13, 2009 12:00:00 AM
The SEC (Security Exchange Commission) was created in 1934 to restore the public's confidence in the stock market after the Great Depression in 1929. Its mission statement: to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.

Since its formation, nearly 74 years ago, a few things have been consistent. Among them the SEC has steadily grown in bueaurcracy and has done little to nothing in keeping the markets clean and stable. Every decade since the SEC's birth there has been scandal after scandal after scandal. Each scandal has gotten larger and more sophisticated than the last. To name a few of the recent scandals: WorldCom, Enron, Andersen, Aldephia, Xerox, Tyco, Global Crossing, Drexel Burnham (Ivan Boesky), Kidder Peabody and now Bernie Madoff. The list is still growing as this piece is being written and read.
 
One of the biggest problems with the SEC is its management. The guys running the show are former Wall Streeters, who know the tricks of the trade. They leave Wall Street to work in government _ helping to create laws to regulate the Streets. Next these guys re-enter the public sector to make money; all the while being fully equipped with the know how on how far to push the buttons without getting caught by the laws they helped create. (A new meaning of the fox guarding the hen house).

These guys, not to mention while working in government,  give each other passes on really monitoring their friends companies on Wall Street, unless of course the friend becomes an enemy.
So with all this going on why do we have the SEC?
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