Aug 10, on a morning business show on CNBC, Meredith Whitney was talking about rating agencies and said, with respect to those agencies’ profits, that “investors always complain about weak research, but don’t want to pay more for better research.”
While I try to avoid assumptions and stereotypes, I think it is not a huge leap to assume that most of the high level investors that Meredith Whitney interacts with on a regular basis are of a conservative bent.
Our Republicans, particularly the most conservative of the bunch, are also the ones who refuse to raise tax revenues despite irrefutable evidence that such a move is one necessary leg in solving our country’s economic problems. Evidently, they don’t want to pay for the wars they supported, the TSA or Patriot Act they implemented, or the myriad other obligations of our country.
And, it is the conservative branch of that Washington bunch that is against mandatory health insurance. They don’t say who should pay the bills when the uninsured get sick or hurt and can’t pay their own bills, but if not the government (taxpayer) and not the insurance company and not the individual, then who? Maybe it will all just be free.
So, that’s the Republican Party platform: Everything will just be free. No taxes, no bills, no expenses, just free stuff. Sounds like Utopia to me. Or Fantasy Land.
NEW ITEM: Obama is on a three-state bus tour. One report claimed he wanted to escape the toxicity in Washington. Hey, Dude- uh, Mr. Dude- in case you missed the press release, you won the election three years ago. You are the President. You ARE Washington. Get off the bus, get back there and solve these problems like you promised us you would three years ago on your last bus tour.
While I try to avoid assumptions and stereotypes, I think it is not a huge leap to assume that most of the high level investors that Meredith Whitney interacts with on a regular basis are of a conservative bent.
Our Republicans, particularly the most conservative of the bunch, are also the ones who refuse to raise tax revenues despite irrefutable evidence that such a move is one necessary leg in solving our country’s economic problems. Evidently, they don’t want to pay for the wars they supported, the TSA or Patriot Act they implemented, or the myriad other obligations of our country.
And, it is the conservative branch of that Washington bunch that is against mandatory health insurance. They don’t say who should pay the bills when the uninsured get sick or hurt and can’t pay their own bills, but if not the government (taxpayer) and not the insurance company and not the individual, then who? Maybe it will all just be free.
So, that’s the Republican Party platform: Everything will just be free. No taxes, no bills, no expenses, just free stuff. Sounds like Utopia to me. Or Fantasy Land.
NEW ITEM: Obama is on a three-state bus tour. One report claimed he wanted to escape the toxicity in Washington. Hey, Dude- uh, Mr. Dude- in case you missed the press release, you won the election three years ago. You are the President. You ARE Washington. Get off the bus, get back there and solve these problems like you promised us you would three years ago on your last bus tour.
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