Friday, 6 February 2009

The Dream Team

I took the fifteen wizards of economics for the Obama team to the internet. I was kinda curious about how you'd assemble a legendary team. Note, behind each guy or gal, in cap's....I located their grad school.

1. William H. Donaldson, former Chairman, SEC, YALE
2. Roger W. Ferguson, Jr., President & CEO, TIAA-CREF, HARVARD
3. Robert Wolf, Chairman & CEO, UBS Group Americas, UNIVERSITY OF PENN
4. David F. Swensen, CIO, Yale University, YALE
5. Mark T. Gallogly, Founder & Managing Partner, Centerbridge Partners L.P., COLOMBIA BUSINESS SCHOOL
6. Penny Pritzker, Chairman & Founder, Pritzker Realty Group, HARVARD
7. John Doerr, Partner, Kleiner, Perkins, Caufield & Byers, HARVARD
8. Jim Owens, Chairman and CEO, Caterpillar Inc., NORTH CAROLINA STATE
9. Monica C. Lozano, Publisher & Chief Executive Officer, La Opinion, UNKNOWN
10. Charles E. Phillips, Jr., President, Oracle Corporation, HAMPTON UNIVERSITY
11. Anna Burger, Secretary-Treasurer, SEIU, UNKNOWN
12. Richard L. Trumka, Secretary-Treasurer, AFL-CIO, UNKNOWN
13. Laura D'Andrea Tyson, Dean, Haas School of Business at the University of California at Berkeley, MIT
14. Martin Feldstein, George F. Baker Professor of Economics, Harvard University, HARVARD
15. Jeffrey R. Immelt, CEO, GE, HARVARD

Eight of the fifteen carry a "name-anchor"....either Harvard, Yale or such. These guys....I would imagine....are mostly there to look good and show the clout and power. They have the fancy rings, and grin at each other when no one is looking. At least two of these guys....its practically impossible to find any university mentioned....which I felt odd (but then I'd rather waste my time examining Barry Bonds homers than looking at resumes).

Ms. Tyson, I was shocked to find....graduated from MIT. She might actually be able to dump some real brain power into the group.

Ms. Burger and Mr. Trumka? Connections only. I don't see either having much of anything in the economics field to share with the group.

Jim Owens from North Carolina State....who runs CAT.....is the heavy weight-realist in this entire group. He's the only guy that can speak and think at the same time from this group.

Frankly, after putting in an hour and reviewing their credentials.....I have barely any confidence in the group. So I'm thinking somewhere behind them....is another group of twenty odd college students....pepped up on Red Bull, pizza, and Mountain Dew.....likely writing the real economic report. The second group is likely kept in Cheynne Mountain....at the Star Gate facility....and pumping out page after page of fancy economic reading.....to make us all weep and cry at the right moment.

The real shock? Donald Trump isn't in the group....and he might be the only logical guy that could get things done.

My Top Ten Irreversible Things

This was the week that President Obama spoke of "irreversible recession", which tore up a bunch of folks because irreversible means you can't escape....you can't back out....and you can't divorce your trailer trash wife.

So I am offering my top ten irreversible things that I'd like to avoid: (in no order)

I'd like to avoid irreversible hemorrhoids.

I'd like to avoid irreversible testicle troubles.

I'd like to avoid irreversible transmission troubles.

I'd like to avoid irreversible septic tank problems.

I'd like to avoid irreversible farting attacks.

I'd like to avoid irreversible in-law troubles.

I'd like to avoid irreversible Baptist minister visits to the house.

I'd like to avoid irreversible cockroach infestations.

I'd like to avoid irreversible wild bear attacks.

I'd like to avoid irreversible cudzu (you'd only understand, if you were a southerner).

For a smart guy....to whip out "irreversible" and use it like some Samurai sword....this is like using a plastic knife to cut.

Boobs and Ass

Today, President Obama introduced the newest team of outside economic advisers....at a nifty White House ceremony. In the midst of this, he quickly chatted over how things need to rush up over his stimulus package and the Senate needs to act quickly to fix America.

Then, at end of this episode...the President commented on how there is no shortage of advice on how to solve the nation's woes. As the President said: "You've got some economists and some folks who think they're economists. By the way, these days everybody thinks they're economists."

He of course, had a smile and laugh as he told this joke.

I sat there and reran this video clip three times. Here was Paul Volker, and fifteen other folks:

1. William H. Donaldson, former Chairman, SEC
2. Roger W. Ferguson, Jr., President & CEO, TIAA-CREF
3. Robert Wolf, Chairman & CEO, UBS Group Americas
4. David F. Swensen, CIO, Yale University
5. Mark T. Gallogly, Founder & Managing Partner, Centerbridge Partners L.P.
6. Penny Pritzker, Chairman & Founder, Pritzker Realty Group
7. John Doerr, Partner, Kleiner, Perkins, Caufield & Byers
8. Jim Owens, Chairman and CEO, Caterpillar Inc.
9. Monica C. Lozano, Publisher & Chief Executive Officer, La Opinion
10. Charles E. Phillips, Jr., President, Oracle Corporation
11. Anna Burger, Secretary-Treasurer, SEIU
12. Richard L. Trumka, Secretary-Treasurer, AFL-CIO
13. Laura D'Andrea Tyson, Dean, Haas School of Business at the University of California at Berkeley
14. Martin Feldstein, George F. Baker Professor of Economics, Harvard University
15. Jeffrey R. Immelt, CEO, GE

I sat and paused over the president's words again....and then I kinda decided that we've got ourselves a joke within a joke. There are sixteen total economic folks....who probably think they are experts....and they probably aren't.

This is like paying $100 to go to a fancy stripper show....with two dozen strippers. After you've seen alot of boobs and ass...it all pretty means nothing....and the $100 is long gone. I'm thinking this how this economic policy will be....boobs and ass, then the money is gone.

Bad Pictures Start a Trend


Somewhere along the second year of the Bush period, I started to notice various magazines, newspapers, internet sources, and news networks.....were using bad pictures of Bush on a weekly basis. By the sixth year, it was daily.

There was a regular picture of Bush used by the German Channel One crew....that made him look like an idiot. I remember watching this shot come up nightly and thinking that it can only be intentional.

This week....barely two weeks into the Obama period, I started to realize the same tactic coming back up again. This shot shown here, really isn't an admiring picture that you'd want to use. The amusing thing....CNN popped it up.

As the weeks go by, I'll start to pull more of these out and note them in my blog. The sad thing here, is that its a trend that goes onto a guy barely two weeks into the job. It means a mighty long four years.