I Hear That Train a Coming

A couple of things struck me as oddly ludicrous about BHO's speech last night. One, it resembled a State of the Union address - but it's too early in his term for that. Is there a reason we're getting so much of the new president so quickly? Is time running out or something?

Barack does give a good speech. Average Joes come away feeling euphoria and hope - we will rebuild, we will recover, we are not quitters, the hardest-working people on Earth, now is the time to act boldly and wisely, build a new foundation for lasting prosperity.... rah rah rah.

So .... if we're going to boldly and wisely build a new economic foundation ... why are the hardest-working people on Earth using old Europe ideas?

That's right Bubba, in particular the Italian model from the first half of the last century: Increased State intervention in industry. Italy's Institute for Industrial Reconstruction (IRI) was set up in 1933 to help ailing industries and banks; a giant State firm, using public money to buy shares and "bailout" ailing industries.

IRI was meant to be temporary, but is still around today, offering government genius and business wisdom from experts.

OBAMA: Over the next two years, this plan will save or create 3.5 million jobs. More than 90 percent of these jobs will be in the private sector -- jobs rebuilding our roads and bridges; constructing wind turbines and solar panels; laying broadband and expanding mass transit.

Remember, Benny Il Duce made the trains run on time - he too was big on public works projects. Infrastructure stuff Bubba, infrastructure. Il Duce rail system was mostly propaganda, although Italian railways were repaired post WWI, rail efficiency was hyped to convince Italians of the efficiency of fascism. (Gosh, I hate to use that word.)

In the US, such efficient antics are labeled as necessary, mandatory or else, stimulus packages, a financial stability plan. Brought to you now by the Obama and Tim Geithner. Tim, former employee of Kissinger & Associates (yes, Henry), was a director at IMF, worked under Robert Rubin, etc., you can be sure Tim & friends know how to make and burst bubbles. And Tim was vetted by progressive obamamites?

I suppose Democrats/progressives now favor public liability for private debt? Last September they were shouting "Bush bailouts perverse ... an insidious act of vile turpitude..." Last September progressive/liberal bloggers claimed Bush was using fear to force congress to hand him a $700 billion blank check.

I guess when you own man is turpitudy the word has a different meaning. And don't worry Bubba, VP Biden is going to handle the oversight on this blank check. (Maybe Joe can hire his son and brother to help with oversighting.)

So Bubba, if you mistake what's going on as change - remember the definition of politics: Strife of interests masquerading as a contest of principles. (Ambrose Bierce (1842 - 1914) - The Devil's Dictionary. )

There is less strife of interests these days Bubba, because, if you do away with the hollow party rhetoric, both parties are on the same track, and you are going to pull the train. Chooo chooo you think you can, you think you can.