Black Hole

OK - I'm really amazed at how incredibly messed up things are right now. It appears to me that the republican's staged an elaborate set up this week. They are the most egregiously smarmy group. Did you see Boiner, Clyburn, Blunt, and the bunch last night and this morning. How can these people have the nerve to get up one day and say one thing and then the next day say the opposite? This was one of the most unbelievable moments in the history of US politics. Then McCain blamed Obama for the failure of the bill. Another unbelievable distortion of reality.

This entire process, the implosion of the American financial system, the set up by house republicans, the power grab by the white house, etc... has led me to believe that the United States is going down. We are still the center of the world financial system and power, But actually we are the Black Hole of the world - sucking everything in, destroying it, and nothing is coming out. We all better get ready for many years of decent into economic decline, perhaps perpetual decline. China, India, South East Asia, and the European Union are breathing down our necks.

I have to say that I am very disappointed with Obama during this entire financial crisis and legislative craziness. This crisis is a great opportunity for Obama to present a new ideology that will lead us out of this mess. He has not presented any real leadership during this mess. I guess it is probably smart not to involve himself in this (as we saw with McCain who really messed up by advocating the passage of the bill, then claiming victory and leadership in getting a compromise, and then having the bill fail). Obama should step out from behind his silence on this issue and make some useful proposals and show some leadership. If he could manage to do this he would blow by McCain and never look back. But he is being politically savvy and letting the crisis itself take the republicans down. Its the best tactic to add to his strategy of saying as little as possible so as not to be left open to specific criticism. Blah!