Wednesday, April 08, 2009

Talking Recession, Social Security, LBJ & Reagan

As we all know, millions of individuals are having a rough go of it in the new (recession) economy. With all the focus on the firing of GM's Rick Wagoner, we forget all the regular folks facing just as much pressure but without the golden parachute.

Then, of course, there are the nation's current and future retirees, who must look forward to a day with a diminished Social Security Trust fund. You see, all those job losses, leave far fewer workers contributing to the Trust.

Of course, it's not all bad. Compared to his federal prosecutors, Alaska's Ted Stevens doesn't look half bad. Although you still have to wonder about the financing for his house. It's a good move by Attorney General Eric Holder. Hopefully, it's the start of a firm commitment that Obama's Justice Department will not use partisanship as a tool in seeking justice.

You know the world is a little upside-down when Republican John Feehey, a former congressional staffer-cum-lobbyist writes of how he likes Obama, even though he doesn't like his policies. A mature dissenter?!?! How refreshing.

More like it are partisan supporters of LBJ and Reagan disagreeing on the potential consequences of Obama's domestic political agenda.

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