Monday, September 19, 2011

In case you missed it!

-pp had a WH rose garden speech this AM. It was about funding of his "American Jobs Bill. It was scheduled for 10:30, started 26 min. and lasted 11:16 or ~20min.
-It was a campaign speech with no really new ideas, other than speaking about the "Buffett Rule" which is a crock. Everyone earning 250K/year (family) or $200,000(individual) must pay their fair share. Same line since algore in Yr. 2000 campaign.
He used this "bill must be signed right away" sparingly. DJIA was down >200 pts, NADSAQ > 23 and S&P >22, 10 minutes into his speech. Trend stayed that way after the speech and probably attributable to the EU financial mess, we want to emulate.
_Later Earl's boy declared the speech-class warfare, investment killing and lack any significant spending if any at all.
=Earl's boy was favorable in pp moving the fair trade issues through, but those were on his desk since he walked in in 01.20.2009. More infrastructure, nothing was said about shovel-ready project as in the original stimulus bill...
Speaking of infrastructure, pp to be in the Tri-State area later this week to look at the aging/overburdened Brent Spench Bridge (I71/I75) across the Ohio R. Just so happens, it in the back yard so to speak, to Earl's Boy and minority GOP senate leader Mitch McC.

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