Tuesday, October 08, 2013

slip sliding away

As long as this financial stalemate goes on, this modest economic recovery will be overlooked but not ignored.  It's to me amazing how much confidence the market has in this resistance of a U.S. default on its debt.  It's actually possible, however stupid.

We  have a Speaker of the House who is impotent, a Majority leader of the Senate who is hostile and hot headed at best,  and a President who pretends to be above all problems, never paid much attention to the study of history and has no education whatsoever in financial markets.  He was a genius at attracting attention he is obviously talented public speaker or reader, somewhat tiresome at this point. Even like the two George Bush's focuses of all of their attention on international issues, Obama tends to overlook the obvious, sort of like the international only focus of GWB1 ok, GWB2 a disaster.  How convenient is that?

Now we have a President who shows no leadership at all.  Just good humor, or should I say he reminds me of Yanni in his faithful "Good Humor" truck around town, faithful to my girls and me.  How about a King Cone, they still remain my favorite.  This is not meant as an insult to the wonderful Yanni.

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