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The "containment" solution: skirt the facts and scoot off for a TX getaway (in the heat of August?)

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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-30-07 07:55 AM
Original message
The "containment" solution: skirt the facts and scoot off for a TX getaway (in the heat of August?...
http://www.smirkingchimp.com/thread/9031


The "containment" solution: skirt the facts and scoot off for a Texas getaway (in the heat of August?)
by Fred Cederholm | Jul 30 2007

snip//

You see no matter where you looked (or… no matter what the subject) everything seemed to need “a fixer” or at least a major public relations makeover big time. This week “der spinmeisters” will need to get out in force – not to actually “fix” the problems mind you, but at least to fabricate a happy explanation of sorts, making all the front page messes of last week - well… less messy more palatable. Please read on.

Months back when FED Chairman Bernanke attempted to sooth concerns over the impending housing bubble finally “passing its gas” by stating that the US financial institutions (TH*NK banks) were not going to take the hits the Savings and Loans did almost two decades ago. This was echoed by Maestro Greenspan whose policies of cheap money had actually created it. The Banks wouldn’t take the hit, the investors in the MBSs, CMO’s, and CDO’s (those who bought rights to any future liquidations from the liabilities they purchased as derived investments) would. This is pretty much a sum zero game. Meaning…for every dollar of write-down, write-off, or marking-to-market, somebody will have a loss. Two weeks ago investment banker/underwriter Bear Stearns absorbed a hit of a few BILLION on two of their housing hedge funds, last week investors were told not to count on getting anything back – nothing.

The Wall Street euphoria of the Dow cracking 14,000 (for whatever reasons THAT happened) deflated or “passed gas” as the markets suffered their worst one-week declines in five years. This was spun /contained as a “correction” reflecting uneasiness of the housing situation, crude oil within pennies of all-time highs, and the unraveling of placing more debt-based investment grade paper (junk bonds) to finance the numerous merger and acquisition buyouts which had been fluffing the equity markets. Some correction? Last Thursday and Friday alone upwards to a TRILLION dollars of “paper” gains and assets simply evaporated! How will “der spinmeisters” contain these declines as a “correction” and not a … (insert your own politically incorrect term here)?

snip//

Sports headlines focused on the Tour de France doping scandals. Football was “dogged” by illegal inhumane fighting. Baseball records are being soured by potential steroids abuse. The objectivity of basketball refereeing is under investigation. All will require containment and major public relations rehabbing to appease the fans - on the entertainment front ditto for BOTH Britney and Lindsay.

The military and our involvement abroad need “containment,” too. The President has put a lot of his eggs in the Patraeus basket – deferring any decision on troop cutbacks until after the General reports in September. Selected Capitol Hill types got an “off the record” pre- briefing at the Pentagon via closed circuit satellite transmission – no content was made public. But… the Iraqi Prime Minister did go public with his desire for Patraeus to leave – now. Our government stopped weekly reporting of how many hours of electricity are now available in Baghdad. The tragic demise of football star turned Iraq War soldier Tillman was further downgraded from death by terrorist attack to casualty by friendly fire to close-range fragging? The White House isn’t saying much about this one –claiming executive privilege.

Congressional antipathy to ignored subpoenas, stonewalling, obstruction of justice in attempted firing of various US Attorneys escalated. Alberto Gonzales’ star is definitely waning. How do you pursue contempt of Congress charges when the Attorney General won’t pursue them and the White House claims executive privilege at every turn? With all these fronts needing containment, is there any wonder why President Bush is looking forward to an extended vacation/ getaway to his Texas ranch? Even in the heat of August? I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-30-07 07:59 AM
Response to Original message
1. Let him go to Texas in August
Let him stay there indefinitely, we can arrange to have his personal effects sent from the White House if he would like. Otherwise we can have them sold at auction.

He can go to Texas and stay there as long as he leaves the rest of the country alone.




Sorry Texans
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Crazy Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-30-07 08:02 AM
Response to Original message
2. "Spinmeisters"
Edited on Mon Jul-30-07 08:03 AM by DaveTheWave
I used to think being a right wing talk show host was an easy job because all you had to do was piss off liberals which is extremely easy to do as you can well see on these message boards but how in the hell can you go on the air everyday and think of different ways to try and make Bush look good, make up different excuses for his incompetence and even worse excuses to justify the war in Iraq as part of the war on terror?
Trying to make Bush look good has got to be one tough job to do because it's impossible and embarrassing.
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tanyev Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-30-07 08:09 AM
Response to Original message
3. Containment solution:
Put a big fence around the effing pig farm. Make Il Dunce and all of his minions stay there until 1/20/09.
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Bitwit1234 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-30-07 09:27 AM
Response to Original message
4. FOUND!!!FOUND!!! bushs reason for going to Twxas
There was a bulletin on CNN just now....they have found several fields of Pot growing. They are trying to find the owner...golly what are they hiding. I thought the person who owned the land's name would be on the deed and in the records..

Oh I know...they are giving gonzolas time to get to Texas so he can hide the owner.....wonder if it could be somebody we know.
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Lisa Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-30-07 01:47 PM
Response to Reply #4
5. well, it wouldn't be Bush ...
He's too lazy to actually do any farming himself. Also, I suspect that any plant in his care would expire almost immediately. (Word is that the Swedish Ivy in the White House reception room has to be replaced on a regular basis -- and Swedish Ivy is pretty tough -- even I can keep it alive for extended periods of time.)
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