Sunday, December 26, 2010

BloggeRhythms 12/26/2010

Nothing new for a change, which is really good, I suppose. Except that the Northeast is battening down for an expected blizzard. So that means I have some time to clarify yesterday's entry wherein once I started typing, I got carried away in memories of the Clinton Administration and actually forgot to include my basic point.

After I entered the first few comments, recalling all the "gates," I was planning to mention the real mistake I think the president's making by trying to use Bill Clinton as an envoy, front man, shill or whatever. But then the wave of memory hit me and my point was lost.

What I wanted to mention was, why I thought the Clinton Administration had any success at all. Because I'm one of those who believe that except in times of outright war, this nation runs and votes on its pocketbook. So, if things are good economically, folks don't rock the status quo. And primarily during Clinton's years thing were good, business wise.

Yet the cause for the success may or may not have had anything to do with Clinton at all. Because when he ran, he was just about the only one who'd step up, all the others thinking Bush the first was a going away winner. And I remember clearly when Clinton raised his hand and said something like "Yuk, Yuk Y'all. Ah'll do it." Then Bush turned around, hardly campaigned and had already shot himself in the foot by compromising his original promise of "Read my lips. No new taxes," sweeping Clinton in.

After the election, I think Clinton was so surprised by the win that he really had to scramble to put a staff together, and one of the things he did by plan or default, likely the latter, was to leave Allen Greenspan as Chairman of the Federal Reserve. Originally appointed by Ronald Reagan, Greenspan continued under George H. W. Bush and then Bill Clinton kept him on.

At that time the "Fed" had a direct and powerful impact on the economy through its control of the money supply. And in that regard, Greenspan did a masterful job of adjusting the flow of dollars to the extent that the country ran exceptionally well economically. In fact, despite all the headlines, stories and exposes about the squad of bozos heading government, I doubt any real people cared about what those folks did, because the country could afford it. What's more, if those clowns at the top were busily fending off reporters, investigating committees and lawyers, they didn't have time to screw the country up with brain-dead legislation, so outside of DC things ran extremely well.

And that brings me back to the real point.

If the president really wants to bring back something from the Clinton Administration that would really help him get re-elected, he'd do some homework and find out that the key has nothing to do with this so-called "triangulation" pap . It has, instead got everything to do with stopping the failed attempts at socialism, and back door enriching of folks like Soros. Thus, the one to bring back isn't Clinton or any one like him at all. The guy to re-hire is Greenspan.

That's it for today folks.

Adios

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