Friday, March 20, 2009

March Madness!!!


I haven't blogged in a couple of days. Why you ask? OK, maybe you didn't ask; but I am going to tell you anyway. It is March Madness baby!!! There is plenty of madness out there. You just have to know where to look. Here are some of my top picks:

  • I have seen more details from Obama regarding who his favorite college basketball teams are, then regarding how Geithner is going to fix up this economy. And by the way - what about those AIG players? They get better bonuses that a kid signing on to the NBA. Here are Obama's NCAA picks, in case you wanted to check them out:

  • And speaking of Obama, how about last night's appearance on Jay Leno? Anyone is entitled to an occasional gaffe. But, never never base any joke on the Special Olympics. You just don't do that. And, how long before a group of special needs kids is marched into the White House to bowl with Obama? I can see the bowling shoes lined up at the door as we speak. He is a video of the oops moment, in case you didn't see it:



  • This next madness moment I call, "the pot calling the kettle a prostitute." It is brought to us by Elliot Spitzer, the former NY governor and self proclaimed, "Sheriff of Wall Street." CNN explains that Spitzer had this to say in recent interviews: Spitzer says the AIG bonus issue is "penny ante" compared to the billions of the insurer's bailout money funneled to bad banks, and that Treasury Secretary Timothy Geithner owes America an explanation, quickly. As for all those politicians piling on AIG this week? Been there. Done that. "We pursued AIG and Wall Street's structural failures in a way that others shied away from because it was politically unpalatable for them to address those issues," Spitzer told host Brian Lehrer Wednesday on WNYC Radio in New York City. "Now it is the flavor of the month. Everybody is jumping up and down serving subpoenas, beating their chests trying to be tougher than the next person."

  • The entire AIG, large corporation in general, bonus issue, seems like madness to me. There is such hypocrisy surrounding it. If our economy were not in the toilet, would there be such outrage from congress, etc., regarding the huge corporate bonuses? Heck no. There hasn't been any outrage for the last 10 years, while upper management and lower level employee salaries/benefits have been steadily drifting apart for years.

Before I go, I want to wish everyone a peaceful first day of Spring. I bet there will be more madness, even once we head into April.

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