1 self-described hockey mom chosen as a running mate to score political points
1 softball interview
1 economy in meltdown
1 studio without a teleprompter
Mix ingredients in a large soundstage. Shake well. Serve incoherent:
For a more piquant flavor, add a dash of energy "expertise:"On fixing the economy: “Through reform, absolutely. Look at the oversight that has been lack, I believe, here at the 1930s type of regulatory regime overseeing some of these corporations. And we’ve got to get a more coordinated and a much more stringent oversight regime…government can play a very, very appropriate role in the oversight as people are trusting these companies with their life savings, with their investments, with their insurance policies, and construction bonds, and everything else.”
On who is responsible for the failing financial institutions: “I think the corruption on Wall Street. That’s to blame. And that violation of the public trust. And that contract that should be inherent in corporations who are spending, investing other people’s money, the abuse of that is what has got to stop.
“And it’s a matter, too, of some of these CEOs and top management people, and shareholders too not holding that management accountable, being addicted to, we call it, OPM, O-P-M, “other people’s money.”
“Spending that, investing that, not using the prudence that we expect of them. But here again, government has got to play an appropriate role in the stringent oversight, making sure that those abuses stop.”
On AIG getting government bailout: “Well, you know, first, Fannie and Freddie, different because quasi-government agencies there where government had to step in because of the adverse impacts all across our nation, especially with homeowners.
“It’s just too impacting, we had to step in there. I do not like the idea though of taxpayers being used to bailout these corporations. Today it was AIG, important call there, though, because of the construction bonds and the insurance carrier duties of AIG.”
"Of course, it's a fungible commodity and they don't flag, you know, the molecules, where it's going and where it's not. But in the sense of the Congress today, they know that there are very, very hungry domestic markets that need that oil first. So, I believe that what Congress is going to do, also, is not to allow the export bans to such a degree that it's Americans who get stuck holding the bag without the energy source that is produced here, pumped here. It's got to flow into our domestic markets first."Of course, after the last eight years of incoherence, you may have lost your taste for political word salads. In that case, I suggest you go with Obama/Biden instead.
Sigh. I get occasional emails from family members who encourage buying gasoline only from oil companies who have active extraction operations in the U.S. The concept of fungible just does not compute for some people.
ReplyDeleteOn the other hand, my relatives aren't running for high office (thanks to whatever deities might be listening)!
Sort of off-topic, but I wonder if Palin knows how long it takes to develop an oil field? She should, given Alaska's economic dependence on the stuff, but I wouldn't bet on it. (It is about 10 years from the start of exploration to bringing the first production well online, and maybe another 5 years to get the field in full production.)
ReplyDeleteShare with the next person you meet who thinks if we start developing a field in ANWR tomorrow, that they'll start seeing lower gas prices next Tuesday.
Professor Irwin Corey lives!
ReplyDeletehttp://www.irwincorey.org/
You fancy pants Wall Street lawyers won't be selling your penny stocks and construction bonds in a McCain-Palin Administration. No siree, Bob.
ReplyDeleteI think we Americans would be much healthier if we didn't have so much irony in our diets.
Was there even one grammatically correct sentence in that vomit pile?
ReplyDelete