This particular video clip has been used to describe every problem since the tobacco trials… it exists in many parody formats – but this is classic.
It describes the causes of the housing crisis in a slightly different context.
enjoy. Clip is 4 min 14 sec – and worth it.
My source: http://www.youtube.com/watch?v=bNmcf4Y3lGM
There is a quote attributed to Lady Margaret Thatcher which we should try to remember, “The problem with socialism is that you eventually run out of other people’s money.”
The following story is making its way around the internet via email. I cannot give proper credit to the originator. It is one of those simple truths of which I might say, “No, I did not originate the story, but I wish I did.”
Three contractors are bidding to fix a broken fence at the White House. One is from Chicago, another is from Tennessee, and the third is from Minnesota.
All three go with a White House official to examine the fence.The Minnesota contractor takes out a tape measure and does some measuring, then works some figures with a pencil. “Well,” he says, “I figure the job will run about $900: $400 for materials, $400 for my crew and $100 profit for me.”
The Tennessee contractor also does some measuring and figuring, then says, “I can do this job for $700: $300 for materials, $300 for m y crew and $100 profit for me.”
The Chicago contractor doesn’t measure or figure, but leans over to the White House official and whispers, “$2,700.”The official, incredulous, says, “You didn’t even measure like the other guys! How did you come up with such a high figure?”The Chicago contractor whispers back, “$1000 for me, $1000 for you, and we hire the guy from Tennessee to fix the fence.”
“Done!” replies the government official.
And that, my friends, is how the new stimulus plan will work.
I hope they are watching this clip at the White House, but I doubt it.
It is still a complex and dangerous world out there. Pay attention now.
This video is 8:56 minutes. But take the time. This is Kuwaiti Professor Abdallah Nufisi speaking of things you may want to know about.
My source (blog leading to You-Tube link) http://www.stevesimon.us/blog/?p=701
Ruth Bader Ginsburg, Associate Justice of the Supreme Court underwent surgery for pancreatic cancer today. Justice Ginsburg, who will turn 76 next month, was diagnosed with a cancerous tumor on her pancreas during a recent annual check-up in advance of any symptoms of the disease being noticed. It is hoped that the early discovery will permit Justice Ginsberg to recover fully.
But it raises the possibility of possible new appointments to the Supreme Court by President Obama. Justice Stevens at age 88 and Justice Ginsburg at age 75 have been viewed as possible candidates for replacement by the President during the this term due to their age. It happens that both Justices are considered to be part of the liberal wing of the Court, so President Obama may not be changing the makeup of the Court if he needs to make an appointment. Justices are appointed for life or until they decide to retire. President Bush appointed two Justices with the death of Chief Justice Rehnquist and the retirement of Justice O’Conner. The nomination of judges to serve as Justices of the Supreme Court is viewed as one of the most significant and long lasting acts of any President’s term of office. 
Justice Ginsburg was a law professor at Rutgers Law School and Columbia Law School. She served as general counsel for the ACLU (American Civil Liberties Union) and served on the national board of directors for the ACLU. She served as judge of the US Court of Appeals for the District of Columbia Circuit and was nominated by President Clinton in 1993 as an Associate Justice of the Supreme Court.
FoxNews has reported that President Obama plans significant cuts in military spending – 10% this year.
Over the years I have often wondered why politicians don’t defend military spending on the basis of Jobs. Well let me be the first.
Is there anything in the budget that goes more directly to jobs in a down economy ? Are we going to let typical liberal anti-military agendas translate to cutting jobs at major defense contractors ? Aren’t these corporations the very companies we are trying to stimulate to rev up the economy ?
How can we debate the economic stimulus package in terms of government spending and the announce major cutbacks in military spending at the same time ?
When I was a prosecutor we might have viewed this as “bait and switch”. For now, it is just more change we can believe in.
