Keith Olbermann

There have been so many things that I wish that I had time to blog about. I watched Obama's speech the other night... Needless to say, I wasn't impressed at all. Did anyone else feel like that? Did it seem like the same ol' promises from his election? First let me say that I do think that Obama is a great speech giver, besides the fact that he can never take his eyes off his script...except when he says, "I get it."

Just after the speech I had an idea... President Obama stated that we will all need to make sacrifices to get through these hard times, himself included. That gave me the idea that Obama should volunteer to give up his salary until this recession is over. I would completely respect him if he did that. That, my friends, is leading by example. One of my friends suggested that Bush should give up his pension because this recession is all his fault. I seriously had to chuckle at that thought. I am tired of hearing that everything that has happened these last few years is all his fault! Nobody talks about Bush and the Republicans tried to regulate Fannie and Freddie and subprime lending. In the 90's and the beginning of this decade, the Republicans tried to tighten guidelines on "subprime" people. Do you know what happened? They were called racist!

Barney Frank and Chris Dodd are a couple of people we can point fingers at for not regulating the subprime market. I have often stated that I hate hearing about the banks being the only ones blamed for this crisis. Finally there is some fighting back! I saw a headline this morning from Politico, Bankers to Obama: Stop trashing us. Did banks take risks on investments? Sure they did. But most banks didn't originate a ton of subprime loans themselves. As this article suggested, the majority were done by brokers. For instance, Countrywide was the largest lender in the U.S. At the time I worked there, 1 in 4 homes had Countrywide mortgages! A whopping 25%!!! Get this... Less than 3% of their portfolio, that they originated themselves were subprime!

Okay... change of topic... the topic that is in my subject line, because I know that most of your eyes are glazing over now. After Obama's speech, Lousianna's governor, Jindal, gave the Republican response. On MSNBC, Keith Olbermann said something that really ticked me off. I don't know why MSNBC still has this guy working for them!

Just as he was waiting for Jindal to walk onto the podium, he whispered, "Oh God" under his breath...



What a worthless..............