Awhile back, I posted a memo forwarded to me from a friend on Wall Street, wherein one of his firm's senior analysts saw the nation being a bunch of boiled frogs as the Obama adminstration gradually remade the nation in a socialist image.

Of course, the whole "boiled frog" plan was dependent on one thing.

The frog not seeing the thermostat getting turned up. 

Unfortunately for the wee-wees in the White House, the frog noticed.

Now the Obama team is left trying to argue:   

a) The frog really didn't see the thermostat being turned up

b) The frog shouldn't complain about the heat of the water

c) The water really isn't as hot as he thinks it is

d) The frog is a fool and listening to people who want it to freeze to death

e) Hot water is really good for the frog

  Needless to say, the frogs aren't in a buyin mood

Yet another boring establishment journalist--- this time Michael Goodwin in the New York Daily News---says out loud what a lot of folks are thinking

Maybe Barack Obama just isn't that competent

He quotes one pillar of the establishment as asking:

 "Do you think they know what they're doing?"

I really wish for the nation's sake this problem would get snuffed out lately, but what I noticed a week ago is starting to take on legs. 

If this continues we may need to turn Rahm Emanuel's classic maxim on its head. He is supposedly a believer in the theory

"Never get a crisis go to waste"

I suggest a new maxim will emerge in the next few weeks of the Obama Administration

"Never let a waste go to a crisis"

http://www.youtube.com/watch?v=zL0VoIgopPI

 Thank you House of Representatives for doing the right thing.

It is very, very important that all of us re-contact our Congressional representatives who stepped up to the plate and did the right thing and thank them for their courage. It's the proper thing to do.

 US Treasury Secretary                                 Chairman of the Federal Reserve

                                                                       

   Henry Paulson                                                            Ben    Bernanke 

I intend to also suggest to them that along with taking off the table spending $700 billion of taxpayer's money on bailing out Wall Street as a step towards a compromise bill, calling for the resignation of Treasury Secretary, Henry Paulson  and Fed Chairmen, Ben Bernanke must be included.

If these men had any real professional integrity, they should have resigned prior to the House vote today. The bill they were responsible for drafting was outrageously unprofessional and amateurish -- and believe me, I am being reserved here when I describe these two gentlemen's efforts. I could easily say criminally negligent as well.

ex animo

davidfarrar