Ob(ama)fuscation

I want to step off the soap box for a minute. I want to take a look and see if there is anything so far, that I agree with for Obama's first several weeks in his administration. Anything at all? I keep looking and finding more and more evidence that what is happening is a trainwreck unfolding before our very eyes. One that happens not with the screech of air brakes in the beginning, but with an increase in speed. Ron Paul, a candidate I personally did not vote for in the Primaries, and whom I am a little leery about, mainly because he is from Texas (sorry Texas), has been absolutely spot on recently, tearing impetuous MSNBC demobrats and fellow congress members a new one with regularity. Something about watching a 70 year old man whip four 40 somethings on Morning Coffee just brings a smile to my face. His point - we are going to destroy the dollar. Second point - deal with the root of the problem not the symptom. I.e. deal with the monetary policy.

Ken Stern, CEO of Fisher Investments who manages 2 Billion in assets, had a similar message on a Bloomberg.com interview, "stop talking at Wall Street and start listening to it," referring to Obama.

Look, these are tough, succinct, real messages, and guess what? These folks mean business. They mean, you are not doing the right thing President Obama.

These are incredibly bright people saying, "look President Obama, you have been fed a line of bull and now, you are going the wrong direction. So change course, NOW." No one as far as Obama Administration is concerned is heeding any advice outside of his circle. Emanuel is out pointing fingers at Limbaugh for some befuddled, and admit it, misguided reason. Secretary of State Clinton is gaffing her way around the globe botching names and sleighting Europe's proud history. Geithner, is slow to pick the rest of his staff, continuing the incredible doldrum that Obama appointees and the slew of would-be appointees have created. Meanwhile, the entire world waits in balance. Day by day, hour by hour... Where are we headed? DJIA 5000, 2000? This is not a limbo contest.

So back to the original question, is there anything at all that I agree with so far? I guess there is one thing. I sure have a lot of cannon fodder everytime I look at the front page. This is not a time for cutesy journalism though. The voices of reason need to start being heard loud and clear. The bubble unfolded with nearly a decade of questionable lending practices and MBAs going buckwild with designer investments. It is going to take more than 5 weeks to fix for sure. Don't make it worse by walking in the opposite direction.