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01.17 Could a Green New Deal Save Civilization? [Intelligent government is desperately needed]

01.17 New plant-focused diet would ‘transform’ planet’s future, say scientists

01.17 Studies Show Ice Melting and Ocean Warming Both Happening Much Faster Than Previously Thought

01.16 Immediate fossil fuel phaseout could arrest climate change – study [Intelligent government is desperately needed]

01.16 Our oceans broke heat records in 2018 and the consequences are catastrophic [charts]

01.15 Solar Farms Shine a Ray of Hope on Bees and Butterflies [Wonderful!]

01.15 Australia could hit 100% renewables sooner than most people think

01.15 Ion age: why the future will be battery powered

01.15 Barclays on wrong side of history with climate policy, says Greenpeace

01.15 'One fish at a time': Indonesia lands remarkable victory

01.15 Insect collapse: ‘We are destroying our life support systems’

01.14 V.A. Seeks to Redirect Billions of Dollars Into Private Care [The most public and efficient healthcare in America has been demonized and will be destroyed rather than improved, raising total  per-capita costs]

01.14 Saudi Arabia Increases Solar Targets To 20 Gigawatts By 2023 & 40 Gigawatts By 2030

01.14 Solar + Storage Half The Cost Of Gas Peaker Plants — 8MinuteEnergy

01.14 Why thousands of Los Angeles teachers are going on strike [Well at least we got a big tax-cut for the super-rich, that was the most important thing.]

01.14 Air pollution 'as bad as smoking in increasing risk of miscarriage'

01.09 Dutch eco initiative halves energy bills in first UK homes

01.09 'It's a nightmare': Americans' health at risk as shutdown slashes EPA

01.08 Monarch butterfly numbers plummet 86 percent in California [0:58 video; Do You Care?]

01.08 Carbon emissions up as Trump agenda rolls back climate change work [Making America Less  Great Again]

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01.19 How conservative media became a “safe space”

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01.19 The Biden Band-Aid: Will Democrats Contain the Insurgency?

01.19 Donald Trump Has Never Cared About Workers, and Never Will

01.19 Republicans’ lack of alarm over the shutdown reveals a disturbing truth [Sociopaths have little or no conscience, empathy or morality...]

01.19 Arizona: Four women convicted after leaving food and water in desert for migrants [morality is against the law]

01.19 Mueller breaks silence to dispute parts of bombshell report on Michael Cohen

01.18 “Are We Really Where We Are?”: Trump, Putin, and Washington’s Unbelievable New Normal

01.18 With Mattis Gone, Trump Is Already Sowing More Global Chaos [Trump plays General—what could go wrong...]

01.18 The Right’s Case Against Soaking the Rich Is Dirt Poor

01.18 Trump Worsens the Border Crisis

01.18 Impeach Donald Trump

01.18 President Trump Directed His Attorney Michael Cohen To Lie To Congress About The Moscow Tower Project [An impeachable offense]

01.18 10 Things We All Lose If Bernie Chooses Not to Run in 2020 [Intelligent government is desperately needed]

01.17 These 2020 hopefuls are courting Wall Street. Don't be fooled by their progressive veneer

01.17 Alexandria Ocasio-Cortez lambasts US government shutdown in first House speech [3:27 video; Intelligent government is desperately needed]

Justice Matters

01.15 The US apparently kept no detailed notes of Trump-Putin meetings for the past 2 years

01.15 California’s largest utility just declared bankruptcy. Hello, climate change.

12.28 Mueller closes in: what will the Trump-Russia inquiry deliver in 2019?

High Crimes?
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01.17 Trump's economy is great for billionaires, not for working people [chock-full of pesky facts that government and media ignore and distort]

International & Futurism

01.19 The Ebola outbreak in Eastern Congo is moving toward a major city. That’s not good.

01.19 Ahead of Third Annual Women's March, Group Releases Far-Reaching 'Intersectional Feminist Policy Platform'

01.17 +++ Brexit crisis: Germany and Europe react — live updates +++

01.17 White people assume niceness is the answer to racial inequality. It's not [More equality requires us to fix ignored and distorted problems]

01.16 Global tensions holding back climate change fight, says WEF [Consistently stupid and harmful policies... Seeing a pattern?]

01.16 How Governments React to Climate Change: An Interview with the Political Theorists Joel Wainwright and Geoff Mann

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  Print view: Thinking About the Maestro/President
COMMENTARY:

Thinking About the Maestro/President

Like football coaches, Presidents must adapt their Game-Plan.

by Fred Cederholm
Once Obama became the President and was briefed in the way things really were, he was told... "NO YOU CAN'T..." He has NOT explained this reality to the American people, AND I don't TH*NK he could.

I’ve been thinking about the Maestro President. Actually I’ve been thinking about our current situation(s), Bob Woodward, hagiographies, books, Alan Greenspan, President Obama, campaign promises, the economy, our wars abroad, and resolutions. I look at where we find ourselves in 2010 and TH*NK back to the events of recent years that have been made public. I have a grasp of where we now are and how we got there. Unfortunately my “understandings” clearly do not square with the main stream media, the party lines (the “official” stories/explanations) leaked and spread by BOTH the two major parties, and the data/information being disseminated by the Obama administration. The information frequently contradicts itself when it is issued to the public and flies in the face of what we have already been told. The tall tales would be laughable were they not so tragic.

You see Bob Woodward, formerly of the Washington Post and one of the two reporters who uncovered the reality that was Watergate, has made quite a career for himself writing biographical books. The revelations from them read almost like fiction because the details are so different from what we might expect. Still they cause the readers to TH*NK. We learn that what he has written is true in the sense that the information remains consistent over time. Truth becomes consistency. Consistency becomes the truth. He remains an excellent objective journalist, but he became so close to the subjects that the works take on the aura of hagiographies, the chronicled lives of saints. His stature and status gets him access to people who normally are tightly closed mouthed. For him, they become literally dying to tell their side of the events and the dramas. Books on public figure tend to come out after the subjects have left their offices. Not so for the earlier Woodward book “The Maestro” on Alan Greenspan and last week’s offering on President Obama – “Obama’s Wars.”

Alan Greenspan as Chairman of the FED was perhaps THE most powerful man on the planet during his tenure there. At his zenith, he was regarded as the Maestro—conducting the US (make that the world’s) economy thru some very difficult times—the dot-com boom. He was even knighted by the Queen of England. Sir Alan’s “solution” to the bubble inflated by the internet frenzy, the “irrational exuberance” of the equity markets, and the subsequent crashing of the stock markets in the days after 9-11; was to cut interest rates effectively to zero, flood the markets with liquidity (as in money), and foster the unprecedented growth of real estate construction. His solution even appeared to work for a time.

Keeping up consumption was regarded as the solution to the economic downturn. The false appreciation in the so called value of the residences made the family home a veritable cash station. The pseudo growth in “equity” was tapped again and again for more and more money. Mama worked, papa worked, and the homes produced cash. Lordy, lordy, lordy... how the “money” rolled in! There was a critical problem here --- this “money” was not real. Greenspan and his cohorts created or enhanced a “new” glut of money that was not based upon underlying value. Quite the opposite, the new money was actually debt. It was based in liabilities and not assets. The new definition of wealth became what one owed, NOT what one owned. The solution of creating an even bigger bubble became the core of our current situation. The bubble was now THE problem and there was no chance of creating a bigger one as the solution. None of the traditional “fixes” now work. Too big to fail, is now too big to bail out!

The public was hurting badly and the whole financial system (and I use the term “system” loosely) was about to implode and come crashing down upon themselves and US/us. Obama ran his campaign on "YES WE CAN..." Problem was that once he became the President and was briefed in the way things really were, he was told... "NO YOU CAN'T..." He has NOT explained this reality to the American people, AND I don't TH*NK he could, even if he wanted to do it! Greenspan as Chairman and his cronies at the FED gave us DEBT as money. Obama as President has recoiled from the campaign promises he made that brought him to the White House. His supporters are disillusioned. He learned the hard lesson... "I must follow them for I am their leader." This all-powerful status as a figurehead to the gargantuan global interests that got us to these messes has to be a blow to his intellect and his ego. Who is really calling the shots? And... should they?

Bob Woodward's books are very informative, but they are only a piece of this complex puzzle. I did a great deal of TH*NK*NG as I read "Obama's Wars" and re-read the "The Maestro." We will all eventually learn of the "REAL POLITIK" espoused by Metternich in the Nineteenth Century. A public leader has got to do what he has to do... no honesty, no morality, no ethics—these do not apply to any “successful” government. The public must be spared REAL facts which are buried under a covert web of spin, hype, and bull "output." Like the late Mayor Richard J. Daley once said: "get da garbage picked up, da schools opened on time, and da streets shoveled... and you will do ok wid da public." If only things were now that simple. The President’s ideas and plans were overridden and back burner-ed by his Generals and the vast army of bureaucratic office heads who actually run the country from their D.C. offices. It is hard to “conduct” when the various “orchestra” sections are ignoring you. They have their OWN agenda!

I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.


Copyright 2010 Questions, Inc. All rights reserved. Fred Cederholm is a CPA/CFE, a forensic accountant, and writer. He is a graduate of the University of Illinois (B.A., M.A. and M.A.S.). He can be reached at asklet@rochelle.net.



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This story was published on October 4, 2010.

 

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