Showing posts with label Treasury. Show all posts
Showing posts with label Treasury. Show all posts

Tuesday, November 10, 2009

Palin Just Can't Help Herself

Now I know why Sarah Palin quit her Governorship. She wanted the extra time to attend Michele Bachmann's Wingnut Conspiracies 101 class. I wonder if she'll get a graduation lei? Judging by her track record, she probably won't even complete the course.

While speaking to a fund-raising banquet of Wisconsin Right to Life in which no press or recording devices were allowed to document her ever continuing idiocy,


"...she began her remarks with a puzzling commentary on the design of newly minted dollar coins.

Noting that there had been a lot of “change” of late, Palin recalled a recent conversation with a friend about how the phrase “In God We Trust” had been moved to the edge of the new coins.

“Who calls a shot like that?” she demanded. “Who makes a decision like that?”

She added: “It’s a disturbing trend.”

Unsaid but implied was that the new Democratic White House was behind such a move to secularize the nation’s currency.

But the new coins – concerns over which apparently stemmed from an email chain letter widely circulated among conservatives – were commissioned by the Republican-led Congress in 2005 and approved by President Bush.

But Palin doesn't let facts stop her from a good anti-Obama smear, whether it's "palling around with terorists" or ridding US currency of it's national motto. Of course, we'll never know if Palin realizes the little factoid that a Republican led Congress unanimously voted for the coin and The Shrub approved it, because she's either A) duplicitous enough to lead the current group of lemmings she's speaking to over a cliff, or B) just fucking stupid. I think she's both.

I don't believe the Presidential $1 Coin Act of 2005 specifically answers any design "trends," like putting "In God We Trust" on the edge of the coin instead of front or back (which I think is pretty cool from a design standpoint). I'm guessing it was just a decision based on esthetics. But no matter where the national motto is, when was the last time you "read" your coin currency other than to check out the new designs of quarters or to see if you come across a wheat cent? And by the way, has anybody seen these coins in circulation? I think I remember having the Washington coin in my hand at one point, but I haven't seen the other presidential coins yet. If I come across one, it's usually good ol' Sacagawea.

All of Palin's yammering is moot anyway because God fearing men like Senators Sam Brownback and Robert Byrd introduced legislation to praise the Lord by putting His name back in prominence on US minted coins in 2007. Nothing like worshipping idols on your money, huh? So not only was Ms. Wasilla wrong on where this affront to God started, she is also completely unaware that it is no longer an issue. She's at least two years late on the "controversy." Maybe she was too busy trying to get a state trooper fired or something. It must be bliss going through life so incredibly stupid.

And speaking of stupid while we're on the subject of currency, after doing some traveling in Canada and Europe over the years, when are we going to finally quit the US dollar bill? Sure, polls overwhelmingly favor the continuation of the dollar bill. No one likes change, no pun intended. But when it comes to situations like this, I don't care what the public thinks. It costs more to make a US penny and nickel than they are monetarily worth. The Treasury could save over $200 million per year just by the discontinuation of printing the dollar bill. It would take a little getting used to, but don't you think the cost savings alone would be worth it?

Monday, January 26, 2009

Geithner Passes in Senate

MSNBC reports Timothy Geithner has passed the Senate vote for his confirmation as Treasury Secretary by a vote of 60-34. Four members of the Democratic Caucus voted nay.

Monday, November 24, 2008

Obamanomics


The Obama Economic Team

Tim Geithner - Secretary of the Treasury
Larry Summers - Director of the National Economic Council
Christine Romer - Chair of the Council of Economic Advisors
Melody Barnes- Director of the Domestic Policy Council

Now, just remember that the Bush Administration is still in power until January 20th - plenty of time to fuck things up even further than they already have. Don't fall for today's new talking point that Obama is now running things. We can only have one president at a time, and I wouldn't put it past Bush to further tie the hands of the incoming administration.

(H/T Crooks and Liars)

 
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