Weekly Open Thread

Seven things I will do this week.

* Drive a few miles to hand deliver a hand written note to that middle aged PUNK Max Baucus.
*Zero in three Deer rifles with new Swarovski optics
*Buy some coils of good old fashioned oiled hemp rope for some Public Hangings
*Get Winter Range for cattle set keenly and supplemental feed out there
*Clean up My House for upland game pardners to include Tommy Franks and Dick Cheney
*Brand that Filly that bears Mata’s name with my registered Montana brand but not be ridden until Mata decides to claim her horse
*Grill up some beef, Support a Rio Olympics and not a Chicago one that has a high Homicide Rate

I expect six of seven to happen before the IDF makes Iran cry and Obama is exposed for the Punk he really is…

And now some cheery news … The Banking System Is Insolvent

A woman in India took on three terrorists that busted into her home. She killed one and wounding another. The wounded man and the unharmed guy fled. The police believe the man she killed was a leader with a bounty on his head.
http://www.telegraph.co.uk/news/worldnews/asia/india/6244076/Farmers-daughter-disarms-terrorist-and-shoots-him-dead-with-AK47.html

What a surprise. No wonder Geithner was short staffed in the midst of the “worst economic crisis since the Great Depression.” Obama, and his ship of fools had no intention of using him anyway. Have we been a bit too harsh on Timmy?

Burned by Obama
By CHARLES GASPARINO

In the depths of the financial crisis last year, people like Morgan Stanley’s John Mack, BlackRock’s Larry Fink, Greg Fleming (then of Merrill Lynch), JP Morgan’s Jamie Dimon and Goldman Sachs’ Lloyd Blankfein were telling everyone that candidate Barack Obama was a “moderate,” and moderation was what this country needed.

What a difference a year makes. They won’t admit it in public — but in private conversations, the top guys on Wall Street are feeling burned.

The guy who seemed like such a steady voice — vowing to curb runaway spending and restoring order to the banking system and the economy as a whole — is instead so driven to achieve his big-government policy goals that he and his policy people are ignoring their own economic advisers on the severe economic costs that his agenda will cause.

I’m told that Treasury Secretary Tim Geithner and chief economic adviser Lawrence Summers have both complained to senior Wall Street execs that they have almost no say in major policy decisions. Obama economic counselor Paul Volcker, the former Fed chairman, is barely consulted at all on just about anything — not even issues involving the banking system, of which he is among the world’s leading authorities.

At most, the economic people and their staffs get asked to do cost analyses of Obama’s initiatives for the White House political people — who then ignore their advice.

Obama, according to Wall Street people who regularly deal with his economic and budget officials, is acting as if he has a blank check to do what he wants, while ignoring the longterm costs of his policies.

As one CEO of a major financial firm told me: “The economic guys say that when they explain the costs of programs, the policy guys simply thank them for their time and then ignore what they say.”

funniest story I’ve heard lately came from a former Wall Street executive and longtime Democrat who anxiously recounted a recent conversation with Obama.

The executive said he told the president that he’s at a disadvantage because he’s relatively inexperienced in economic matters during a time of economic crisis. “That’s why I have Valerie,” came Obama’s reply.

“Valerie” is senior adviser Valerie Jarrett — a Chicago real-estate attorney and one of Obama’s closest friends, who has deep ties to the Windy City’s Democratic political machine.

Now you know why Wall Street is so nervous.

http://www.nypost.com/p/news/opinion/opedcolumnists/burned_by_obama_CRw506e4NQv1C9IkTVM7tO