Sunday, September 28, 2008

Wall Street Crisis and the Economy of Economy

Having heard so many differing points of view on the ongoing financial crisis purportedly facing the nation and perhaps the economy of the world I have been giving it some thought and must now officially weigh in on the matter. After all, putting in my two cents is what I do. With the current situation I may have little more than those two cents for contribution very soon.

Might it be that the crisis is more a crisis of several individual wealthy bankers who are simply trying to see to it that they maintain that wealth as much as is possible on the backs of hard working overtaxed Americans like you and like me? Are we perhaps nothing more that the “bunny” as described for Hope Cladwell by her wealthy father Caldwell Cladwell, head of U.G.C. and the staff of Urine Good Company?

Are we all being manipulated by a small group of men through fear and threat of complete meltdown if we don’t bail out the robber barons of Wall Street? Is this as Michael Savage has suggested one of the greatest financial scams of all time? After all it is such a large matter when one talks about Hundreds of Billons if not possibly several Trillion dollars that few if any but the greatest of economists can get their head around it.

Many have been living high on the hog for a long period of time. But that in-and-of-itself is not the cause of the current situation as it has developed and continues to develop. Much of the blame can be placed squarely on the shoulders of the political ultra liberal left. After all it was liberals who decided that everyone should have some sort of inherent right to own a home.

Because of such governmental intervention into the banking system people who had no business getting loans got those loans. As Larry Kudlow has said on more than one occasion with no “skin in the game” there is little to fear. Not only is his statement right on the money [Pun Intended] his statement will, I believe, become part and parcel to any new financial arrangement developed by Congress.

The days of no money down home loans are a thing of the past. Personal financial interest, skin in the game, and strong governmental regulatory oversight must be the way any future business is conducted. What though about the ability of a business to be able to grow to the point of implosion?

How in a free economy can government regulate the right of a company to grow as big as it is able to grow? On the other hand in view of the current situation on Wall Street one is forced to ask how government cannot intervene in regulating the size and scope of a business which affects not only the financial health of the community in which it is located but indeed the economic health of the world.

Have we reached the point where business to big to fail is no longer a possibility? As a result of the current Wall Street Banking financial failures it would appear that this is the case. In the real world can you create such a system of finance without changing the actual nature of the structure of the government itself? More specifically can you do such without changing the structure of the government of The United Sates of America?

More than a few economists have stated that any sort of governmental buyout plan of regulation is tantamount to socialism. If that is the case then are we as a people prepared to give up the system which we have lived under for so long in exchange for avoiding a total 1929 style meltdown. I say that with the cognizant thought that we may simply be Cladwell’s “bunny” noted in paragraph two above.

More importantly do America’s citizens really have any say in the matter? Sure we are alleged to have that say, we believe that we have that say, but in real world spectrum do we? That is doubtful.

What then are we to do in order to avoid our own personal meltdown? We have attempted in the past to make a little profit with a few dollars wisely invested in the stock market, a little nest egg of sorts. We hope that we are able to invest a little in a 401K plan and if you are as fortunate as I to work for a company like Quest Diagnostics which invests in its employees financial health with a dollar for dollar matching fund, you might think that you are in heaven.

Still, when things are so unstable on Wall Street you simply spend your time worrying that what you have invested over the years and what your employer has contributed will be vaporized due to the greed of a few Wall Street Gulf Stream Five fat cats who bail out and float on golden parachutes.

What can you do as an individual? It helps if you can economize in an unstable world economy. You can, you should, and you must practice the economy of economy. This often involves going without. Lessons learned by our grandparents might have to be relearned.

A skinny economy might not be a good thing for the economy as a whole but economizing can certainly take some pressure off of you individually. For those of us who already have fallen into the trap of excess spending it might be too late to come out of this thing unscathed.

Although not spending what was at one time refereed to as discretionary spending, a flawed term if ever one existed, is not in the best interest of the overall economy the average Joe Six Pack and Snake Oil Salesmen such as myself will have to sacrifice to the gods of economic frugalty a.k.a. penny pinching. When you see that nickel on the ground stand tall then when you are certain that no one is looking bend low.

Yes brothers and sisters bow to the gods of frugalty and grab that nickel before some homeless person gets it first. Indeed, we have as a nation been reduced by our representatives in government to a nation of beggars by a government of swindlers.

And don’t forget to vote for the Democrat or Republican crook of your choice. And in conclusion I simply say, “Fools on the left of me, jokers on my right.” Hey, get away from that nickel, I saw it first!

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Urinetown The Musical

After a week of hearing about how the economy is going to hell in a hand basket I was able to enjoy a few hours of lighthearted entertainment. With family I was delighted to watch a small band of thespians perform a very humorous show named, Urinetown!

The cast of the group performing as Try-City Stage went all out to put on a great show. Through the efforts of Director Bill Thomas, who also filled the roll of Officer Lockstock, the show came to life. For a community theater company they did an admirable job of presenting this offbeat story.

The storyline developed its own odd and sometimes totally offbeat but always humorous way of showing how greed and deception can control a community living in fear to the extent that the simple need to “pee” for free can become an issue of contention. Revolts have occurred over some pretty strange matters but I don’t think that there has ever been a revolt as funny as this one.

From my own perspective I believe that the two characters which I most enjoyed were “Little Sally” played by the adorable Dionna Eshleman and the well educated and enchanting “Hope Cladwell” a.k.a. Paula Flickenschild.

Also among the stars that shown this night were Sandy Stalter as “Penelope Pennywise,” Tim Webster as “Bobby Strong,” Vicki Zielazny as “Senator Fipp” and "Caldwell Cladwell" played by Steve Davis.

I know that I have missed a few important names here for which I apologize. Suffice it to say that the entire cast gave wonderful support and some of the offbeat antics of cast members before the show and during intermission brought smiles to the audience of Urintown "The Musical," as Thomas surely reminds us.

The best part of Urintown is that it is, as noted in the title and confirmed in the context of the play, a “musical” which adds to the entertainment value in my estimation. Music tends to keep the production moving and the show had very few if any noticeably slow spots.

Though some of the voices are just a little south of perfection there was no question that Mr. Thomas himself has a pretty damn good set of pipes. Overall, the singing of the crew was not all that bad and was certainly better than my own daily shower concerts, guests by invitation only.

I hope that the community of Port Jervis, New York continues to support the efforts of Director Bill Thomas and his ensemble. Live theater truly is a great way to spend a couple of leisurely hours.

I truly enjoyed the theater experience and as it was dinner theatre the opportunity to relax and be entertained while enjoying a few glasses of wine made the event just that much more enjoyable.

As much as I enjoyed the venue, The Erie Trackside Manor, located at 1 Jersey Avenue in the fair City of Port Jervis, I would have liked to have been able to see the entire performance without need to crane my neck around a couple of support beams.

The music which consisted of an electric piano, clarinet and drums though small seemed to balance well without becoming more than simple accompaniment which complimented the singing.

Try-City Stage has just won a new patron in Snake Oil Sam. Nice Job Folks, I am looking with much anticipation to your next production. I might mention that “Urinetown the Musical” is presented through a special arrangement with Music Theater International, 421 West 54th. Street, New York, N.Y. 10019

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Thursday, September 25, 2008

A Legal Mystery of Savage Proportions

Since I noticed that I received a blog visit from a notable Chicago law firm, Ungaretti and Harris, I have to wonder if Michael Savage has been in contact with them for some legal advice related to his apparent physical harm caused by a surgeon.

Or perhaps it is the other way around and the surgeon is looking to take some sort of legal action against Savage due to the comments Savage made during his radio show downgrading the skills of the surgeon.

Or perhaps some legal beagle is looking at the News Beagle just to see what old Snake has to say about Michael’s Colon. Anyway I am glad to know that someone in a notable Chicago law firm wants to know what I have to say. And if anyone at Ungaratti and Harris has any ideas about suing me, first see my Legal Defense Disclaimer link below.

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Domain Name paetec.net ? (Network)
IP Address 74.8.174.# (UNGARETTI & HARRIS LLP)
ISP PaeTec Communications
Location Continent : North America
Country : United States (Facts)
State : Illinois
City : Chicago
Lat/Long : 41.8825, -87.6441 (Map)

Language English (U.S.)

Referring URL http://www.google.co...l savage colonoscopy
Search Engine google.com
Search Words michael savage colonoscopy
Visit Entry Page http://snakeoilsam.b...lls-doctor-hack.html
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Michael Savage Calls Doctor a Hack!

Apparently the medical procedure which Michael Savage recently underwent did not go very well. Due to complications of the colonoscopy Savage has been in considerable distress. Even with the abdominal pain which he is suffering Michael has managed to put in two hours each night against doctors orders.

Pain or no pain Savage is not going to stay away from the broadcast microphone with the looming financial scandal which seemingly is about to explode. But tonight the medical situation appears to have gotten the best of Savage when he unexpectedly broke into a tirade of invective about the doctor who screwed up what should have been a simple and harmless procedure.

Since we all depend on the good Dr. Savage to give us his unique insight on the events of the day I would like to extend to him my wishes for a speedy and full recovery. He was in fact the first to recognize what is really going on with the financial rip-off of the banking crises.

Savage was the first to call for a full investigation and it appears that such investigation is now in the process of occurring. One can only hope that those high rollers who are responsible for this mess, by playing fast and lose with the rules, will be called to account.

Not only should they have the financial and real holdings they have received through their deceptive practices seized, but the golden parachute they left with should be permitted to touchdown in Club Fed.

Perhaps one other aspect of that punishment should be a colonoscopy performed by the same doctor who did a number on the colon of Michael Savage.


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Tuesday, September 23, 2008

Michael Savage Rejects Bailout as Solution

One of the first people to ridicule the proposed U.S. Government financial bailout of the financial markets was, not surprisingly Michael Savage. While most looked at it as a simple yet extraordinarily expensive solution to the crisis of the century, Savage was speaking out against it immediately on both its constitutional and financial reasoning.

At first it appeared that this was a done deal that Congress would sign onto without much debate. But now it appears that at least some have concerns and have no plan on giving President George W. Bush a blank check.

Since no one knows the final cost of this bailout it is certain to cause a lot of concern in the halls of Congress. At least it is hopeful that those who represent the people would take the time to look very closely at what brought us to this point and demand answers from those responsible.

Dr. Savage sees this as the possibility of yet another 9-11 type whitewash. In reality how, Savage asks can anyone expect a true fact finding hearing from people who all have hands in the pockets of those responsible? Great question indeed!

If in fact the bailout does get Congressional approval it would be mandatory that those who created this financial debacle be brought to justice as a matter of principle if not simply as a matter of financial oversight law.

No one who holds any responsibility in this matter should be permitted to go undetected. As Savage points out it is possible and mandatory that forensic accountants be brought in and look over the books of all the financial institutions involved in order to determine who was acting in good faith and who was cooking the books.

If any are found to have been cooking the books in order to gain personal financial gain then those individuals should have their personal assets and properties seized and the individuals sent on a long vacation at a Federal resort.

I have no doubt that the bailout will in fact take place. Whether or not that bailout will have the desired effect to stabilize and secure the economy of not only the United States but the world economy as well is yet to be seen.

There are some who believe that it would be better to let the entire thing crash and burn and then simply pick up the pieces and start all over. Though that seems to be a little more than extreme to me personally I have to wonder if it isn’t all going to crash and burn anyway.

As
Rick Roberts suggested, "who knows if in fact the bailout won’t be the thing which sets up the scenario causing the ultimate collapse." In my view we are in a world of hurt either way. If Congress approves the bailout it will become the problem of the next three generations.

Yet if they do nothing it will be an instant world of hurt for everyone. It just goes to indicate how very fragile the world economy is. So much for globalism. When it goes up it goes up and when it goes down it goes down, but when it crashes it really crashes.

Perhaps the United States Congress might want to rethink the ways in which we conduct business in a global market. Maybe the Fed needs to find a new way to put some sort of circuit breaker in the financial transmission line.

As a final thought, how is it that since this seems to be a worldwide financial crises there does not seem to be any talk about any other governments doing a little bit of anti up bailout debate since they are also benefited by the artificial propping up of the markets?

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Monday, September 22, 2008

Snake Oil Sam’s News Beagle?

Sometimes things change and this is one of those times. After giving it a good five minutes of thought I have decided to make a slight change in this blog. Since I tend to do much posting on subjects unrelated to radio talk shows I believe that the title “Radio Review” was somewhat misleading.

Although I liked the sound of that name it didn’t really contribute to the true focus of this blog. Though I shall still find much inspiration for articles posted here on discussions arising on radio talk format, I will at the same time be discussing topical issues in print as well.

Even though the writing perspective will remain true to the Snake Oil Sam brand I don’t want to give any false impression as to what this blog is all about. And that would still be my view of issues in the news and anything else which I feel like blogging about at any time of day or night.

As the great radio commentator Bob Grant recently said, “Bloggers are just about one level above people who write on bathroom walls.” That might or might not be true, still bloggers have the ability to reach a large audience.

The point of this blog is to entertain myself and hopefully at the same time entertain you and just maybe give you something to think about. So with that being said I hope that you enjoy what you read here and feel welcome to visit often.

Have no fear, The News Beagle is on the case.

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Sunday, September 14, 2008

Did This Blogger Threaten Life of Michael Savage?

A blogger calling himself SkiTheStars has posted a blog comment at his Blog titled Ski The Far Stars. The post which is titled Thrill Michael Savage was originally posted under the url http://farstars.blogspot.com/2008/09/kill-michael-savage.html which seems to reflect the thinking of this particular bloggers views of Michael Savage.

If you click on this link
Thrill Michael Savage you will see it in your browser address box on your screen. This individual says this of himself, “I am beset with a brain that comes up with outside-the-box observations, and ideas about improving things, and, if I have a "mission" in life, it is to share these, which typically show up after a good night's sleep.”

I suppose that suggesting that someone kill Michael Savage can be considered thinking “outside-the-box.” I suppose that some individuals might consider the idea of killing Michael Savage “improving things.” And I suppose that suggesting that someone kill Michael Savage would be a “mission” in life that one might want to share with other people of a similar mindset.

The only problem with that is conspiring on the internet to murder someone is a federal crime.

What this individual seems to fail to recognize is that after publishing a post even though you can edit it and change the title or any other portion of the post you can’t change the url address which in this case is the one sited above which clearly refers to the death of Michael Savage.

Yes, it is stated as a question but since the blogger is clearly liberal in viewpoint who describes himself as a person with a “mission” in life, one can reasonably assume that the opinion of this blogger is that someone “should” kill Michael Savage.

The issue is not that he called for such action in the blog. The issue is based on a consideration of all the facts noted above, did this blogger threaten the life and safety of Michael Savage? You decide.

Since it might be deleted by the blogger after this is posted I will simply reproduce the blog post here for posterity.

Sunday, September 14, 2008
Thrill Michael Savage ???
Technorati Profile

http://rpc.technorati.com/rpc/ping

http://shuckandjive.blogspot.com/2008/09/chris-buice-on-bill-moyers.html

Watch this show, or read the transcript at the website above. It not that we need to stop them from broadcasting. What we need is to have a population that finds them laughable, and so they are dropped for commercial reasons. The Operation Chaos mindset will be evolved out of the system by 2042, when this stupid business of white supremacy is breed out of the country.

I sincerely hope that these types are fewer and farther between, before we get there, I will be 98 by then.
Posted by SkiTheStars at 9:46 AM 0 comments
Labels: Bill Moyers unitarian church TN Boice journal shuck and jive terrorist shooter

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Addendum: The link I am providing here is the article which SkiTheStars referenced in his blog url kill-michael-Savage.html, and it is a good insight into liberal thought about Michael Savage. It is found at Shuck and Jive. It describes itself as the blog of A Presbyterian minister.

Saturday, September 13, 2008

Savage Says O’Bama Not Fit for Federal Service

According to radio talker Michael Savage, that because of his past associations with at least one avowed member of The Weather Underground, Barack O’Bama could not pass the requirements which one must pass in order to gain security clearance to serve in the Secret Service.

How then, asks Savage, can the man possibly be qualified to hold the highest office in the nation? In addition to the fact that O’Bama has had such associations with such a radical, he has also admitted to having used illicit drugs in the past.

Such admission would clearly disqualify him from serving in the Secret Service or F.B.I. so again Savage asks how is it possible that he can qualify for the highest security clearance levels in government as President.

The answer is simply he can’t. That being the case he is unfit for such a position. The only way that Barack O’Bama has managed to get as far as he has is due to the fact that the left media has brought him along the path by silence and covering up the truth.

Once again Michael Savage is right.

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of comment.

Sunday, September 07, 2008

Michael Savage Being Challenged by Audience

Michael Savage has clearly been challenged by at least a segment of his vast audience. This is due to his honest, and in my opinion, misguided position on Sarah Palin. It is apparent that Savage is not happy with the negative reaction to his point of view in light of the fact that those same individuals are usually in step with his viewpoint.

That is not to say that Savage is not man enough to take the criticism, yet he seems to be somewhat dismayed that he is currently so very unpopular with his Savage Nation that he went out of his way to say in a not to subtle way that “He” is “The Savage Nation.”

When someone in support of his viewpoint called him he was so happy that he was prepared to offer the individual a job as a producer. We now know that the best way to get Savage to like you is to simply kiss ass. It’s not that simple a matter Michael. There are far too many issues at play for us to just go along in order to get along.

Dr. Savage still does not seem willing to accept the point that even a bad choice is better than the alternative, an O’bama presidency. Perhaps he does understand but simply doesn’t want to come right out and say it. Savage should be respected for his courage since it is difficult to not go with the crowd.

Even though Savage will likely go with the McCain/Palin ticket when the rubber meets the road, he will do so with much regret as will many others. The only hope that McCain has is that the conservative base will be attracted to Sarah Palin. Don’t expect Puma’s to bring any votes to the table.

If McCain is successful in his Presidential bid he is clearly going to have to make good on any pledge made to that conservative base. The problem with that is that I really have not heard any solid pledge made to that base.

The fact that his choice of Palin as his running mate over others has been met with a good degree of enthusiasm by those on the right side of the right does not in and of itself guarantee that he will actually do anything for them after the fact.

Yet, when people are referring to "Sarah Palin and her running mate" you can be pretty confidant that they are supportive of his choice. McCain surely understands the importance of the conservative base in this election cycle. If Governor Palin does manage to change the vote of a few women, then that is icing on the cake.

McCain must prove himself to the loyal conservative base. He must make his domestic policy of border protection and tax cuts clear. He will need to get that message out over the next few weeks. McCain would be well served to also keep his focus on important issues such as oil, drill here, drill now while creating an agenda of new clean technologies.

Wind, solar, hydro power along with natural gas and especially next generation nuclear power plants which will reduce demand for oil that can then be directed to the transportation market. By giving incentives to the buyers of new hybrids we can get weaned off of Middle Eastern oil.

Michael Savage has to take into consideration that there are far more issues than the one or two that he seems to be focused and stuck on. Michael the next Presidency is that of John McCain and Sarah Palin as his V.P. It’s time to get onboard the train Mike. Choo Choo!

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Friday, September 05, 2008

Will Michael Savage Join the Party?

Many have, by his own admission, become somewhat angry and critical of Michael Savage. This unusual anger can be attributed to his position on Grand Old Party V.P. nominee Sarah Palin. But just how far will that anger rise? Savage seems to be doing some damage control.

Clearly any true Savage devote will not allow his current position to upset the apple cart. Still Savage seems to understand his audience better than anyone and recognizes that they can be pushed only so far before they will no longer bend to his point of view.

Even though he does still seem to be able to find much support in his camp he is facing more derision from his family of faithful listeners than he has in the past for any issue other than perhaps the recent autism debate.

It is likely that he will gently back off on his vocal outspokenness directed at Sarah Palin after he has time to hear what she has to say during the next several weeks. She might even begin to appeal to the good doctor. Does that mean he will be ready to join the party? Hardly likely! Savage needs to maintain his independence so as to speak for the many who feel that they no longer have a voice.

Party affiliation for Savage is akin to a lion eating with the elk. Savage in this instance is clearly the lion. The only party that Savage might ever be associated with is a Nationalist Party which he dreams of creating. Even though such a party would likely have little influence in national politics it would never-the-less give a voice to issues now swept under the rug.

Perhaps Dr. Savage will begin to recognize that the things that Palin will fight for will be those same things that Savage himself wants to see restored in America. Things like conservative Christian values. Respect for life and a turning back of liberal courts and liberal judicial rulings.

It is my belief that Savage was far too quick in judging Sarah Palin. You Michael are guilty of the thing which you yourself most despise, the criticizing of someone without giving them a chance to be heard. And that is exactly why so many misjudge you Michael.

Sarah Palin is not only the correct choice for the day but will in fact be the first woman to hold the high office of President of The United States of America in the next term. And then Senator Clinton’s head will explode!

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Thursday, September 04, 2008

Savage is Wrong on Palin

Considering that Michael Savage is generally correct in his assessment of many subjects and issues it is strange to see that Savage has now fallen down on the job. Being so far from the inside Dr. Savage is often at an advantage. On this issue I believe that he is off base.

The fact is Michael that even if the McCain/Palin ticket is not the best one which might have been available it is in any event far better than anything which the Democrats have to offer.

And the issue is who is going to appoint the next several Supreme Court Justices? Who is going to decide what the policy which will ultimately effect the Stock Markets which drive our economy will be? Who is going to clean up the mess in the Middle East so that we can eventually withdraw with victory?

Those are the things that you need to ask yourself Savage. Your tirades against McCain/Palin are doing nothing but making it more possible for the Democrats to win in November. Is that what you really want? I don’t think so but that will be the result of your current position.

I am looking forward to getting my copy of the new book Psychological Nudity, but I would offer you a title suggestion for your next book. Try this one on for size. How about “The Day I Lost My Mind” by Michael Savage.

Sarah Palin is clearly up to the task and will be able to hold things together in the event that President McCain is unable to perform his duties of office. She is a very intelligent woman and is clearly capable of executive responsibility.

Or of course you can have a president and a vice president who have ZERO experience. Say that out loud Michael. ZERO EXECUTIVE EXPERIENCE! And if you want to talk about the National Energy Crises you had better consider that Sarah Palin is an excellent choice for Veep. Governor of Alaska Mike. Pro drill here, drill now, pay less!

But don’t take my word for it Savage; go see what others have to say. Please allow me to assist you with some research. For one you might want to see what
Larry Kudlow has to say. After all Savage there are at least a few other points of view out here.

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