Fed chairman, Ben Bernanke, has just pumped two trillion dollars into America's economy, just by pushing a button. One economist described it as creating two trillion "out of thin air." How scary is that? When asked about the prospect of inflation after such an immense infusion of dollars, the economist said, "We should hope to get to the point that inflation is our concern." Scarier.
Meanwhile, the debate over the AIG bonuses rages on. Now we hear that Senate Banking chairman, Chris Dodd, added the clause that assured the AIG fat cats get their bonuses. He say he did it at the behest of Obama's Treasury department. Seems the administration hopes to avoid a lawsuit by the same "fat cats" it is bailing out. What?
A few weeks ago, Eric Holder, the new US Attorney General, called us a "nation of cowards." Now, when it comes time for him to stand up to the very people this country wants on a slab, he folds like a cheap tent to avoid a fight. Perhaps it was not his call. Perhaps, but he is the attorney general. Dealing with threats from corporate gluttons must be in his wheelhouse. "Sue us?" The attorney general should have said, "Make my day."
Then, there is the matter of the Council for Women and Girls, established by President Obama last week. It will be run by Valerie Jarrett, Obama'a senior adviser. It is pure politics. (What better way to solidify the female vote?).
If there is not an alternate Council for Boys, then there should be no council at all. There certainly should be no council that relies on gender discrimination for its charter.
Set up a Council for Children, Mr. President, and demand the most of that council, across the board. But don't play politics with the children. And never leave out my boys.