I know the GOP wants to blame Obama for everything but lets be clear. George W. Bush demanded, pushed for and signed TARP, the Troubled Assets Relief Program. This is the program that bailed out the banks and insurance giant AIG. Today we learned that France and Germany benefited greatly from the AIG bailout and conservatives rushed to point fingers at the President. Let’s be clear which president the fingers should be pointed at.
I will be on Fox Business News Channel tonight with Cavuto. I will be on both panels at approx 6:15 and 6:45pm today. We will be talking about the State and Local Aid Bill that passed the Senate today and the Moveon.org boycott of target… Tune in and let me know what you think.
POTUS was on the View. Uhggg… I guess that politics in 2010. It’s nice to know he doesn’t know who Snookie is. I am not opposed to President Obama going on the View, I guess I am just upset I had to watch the View.
Shirley Sherrod say’s she will file a lawsuit against conservative blogger Andrew Briegtbart. Ok. I guess that’s an option. Will she also file against her former employer? Should she?
The House Ethics Committee announced 13 ethic charges against NY Congressman Charlie Rangel. I hate to say this about my fellow St, John’s Law School Alumnus, but he needs to settle this even if it means his resignation and he should have done it last week. He has had a wonderful 40 year career in Congress and I would hate to see it end with his removal. The battle over the finer points of the law and whether or not he broke any rules will not be the determining factor here. At the end of the day, a vote will occur, in Congress, weeks if not days before an election. I find it hard to believe that many House members will view this on the substance of the legal arguments as applied to the facts of his case and not on how it will influence the election. The GOP will make Rangel a focus of their Fall campaign regardless of what comes out in the trial. Public opinion will determine how House members vote especially those in tough races.
At the end of the day, politics will win out even if Charlie makes his case. He knows this and this is why a deal will be struck soon.