Campaign Contributions Prolonging the Recession?

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WPCNR The Saturday Bailey. NEWS COMMENT by John F. Bailey. July 19, 2008: The Associated Press reported Friday that Barack Obama raised $52 Million in June and Senator McCain about half that. Overall since Mr. Obama started his campaign he has raised $340 Million to Mr. McCain’s $132 Million.


Since most Americans are receiving $1,200 in stimulus package checks from the government, and by cracky, this inconvenient recession has not ended yet, could it be that the appetite for fundraising demonstated by the two Presidential candidates is keeping America from moving forward by taking discretionary spending money out of their pockets and putting it into candidates’ pockets?



These contributions to Mr. Obama and Mr.McCain are taking money out of the economy to the tune of $75 Million to $100 Million a month.  The Associated Press reports millions more can be expected from Clinton donors if the Obaman campaign makes Ms. Clinton the Vice Presidential nominee. This is more money down the candidate drain, taken out of circulation.


No wonder those darlings of Wall Street aren’t getting billions in bonuses this year. You Americans out there contributing to political campaigns are not doing your part in fueling the economic engine, buying stocks, buying gas, buying cars, putting downpayments down on houses. Why aren’t you doing that, people?


Instead of spending their $1,200 on products, HDTVs, car downpayments and gas, could it be Americans are giving away their stimulus jing to the presidential campaigns?


So the money just sits there in candidates’ coffers waiting to make television networks, radio stations, campaign button makers, and campaign advisors and key workers rich. (The big time consultants do not work for free. And when they are “donating their time” they expect payback in future power.)


Even local politicians are raising money taking it out of the Westchester economy and letting it sit there to gear up for pipe dream runs for higher office.


Frankly why do they need to raise funds anyway? I should think they could whistle stop across America, sponsored by Amtrak,  or take buses donated by Trailways, or in trucks donated by General Motors (a lot of trucks are gathering dust in GM lots as I write), and certainly their speeches and eventual performance would be better if they wrote speeches themselves and actually had to think about them instead of policy wonks writing them. They forget their positions from day to day!


This is the way it used to be. It is a disservice to the American economy to beg shamelessly for money every day so you can be elected and become powerful, then immediately forget us.


Every single Albany legislator has forgotten us, and I probably will bet some of you out there now are going to fundraisers for your favorite Albany hack within the next few weeks. When you do, do me a favor, ask him or her why they are not in Albany wrangling on the property tax? Why are they not in Albany doing something about the equalization rate? Why are they not working on the budget for next year now? Are they going to make casinos legal across the state (it is our only hope)? Make them squirm a little. Just a little.


They are not working. And to top it all off, they are out asking us to give more money to them so they can be reelected to do more of nothing for us except take more of our money which we make for them.


So before you even think about writing a big check to Obama or McCain, your favorite assemblyperson or state senator, or even Governor – stop – write it out and give it to someone you know and like to help them out. Remember you may think that elected official cares for you.


But he or she is just  playing you. You want to be liked. You want the elected official to help you. Please.


What if, just what if, no one came to fundraisers any more. Politicians would not be able to put up phony ads and commercials. They would not have staffs to pump out the lies. There would be no “Friends of Fairweather Frank.”


If you do send money to Mr. McCain or Mr. Obama, or any candidate, write on the check what you want them to do for you –  work.


They forget that. But you have to write a very big check so they will realize the work they do for you is more important than the work they do for the student who sends you $25. Anyone in politics knows you pay attention to the $400,000 contributors from oil companies, insurance companies, drug companies, automobile companies (when is that General Motors bailout coming by the way), airlines, the list goes on.


This fundraising must stop now.  It is unseemly that these politicians are taking money out of Americans’ pockets who naively believe their candidate will actually improve matters and work for change, or the status quo. The contributor who contributes big time money is simply buying influence, not spending to further an ideal.


You may as well burn the money.

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County Extends Pool Hours as White Plains Swelters

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           WPCNR COUNTY CLARION-LEDGER. From County Parks & Rec. July 18, 2008: Due to the continued extreme heat and humidity forecast for today and tomorrow, Friday and Saturday, July 18 and 19, Westchester County-owned pools and beaches will be open one hour later than usual, weather permitting, Commissioner Joseph A. Stout has announced.


Saxon Woods Pool in White Plains, Sprain Ridge and Tibbetts Brook pools in Yonkers, Playland Pool and Beach in Rye, Willson’s Waves at Willson’s Woods in Mount Vernon and Glen Island Beach in New Rochelle will be open until 7:30 p.m. each day, with no admittance after 7 p.m.  Croton Point Beach at Croton Point Park in Croton-on-Hudson, which is open weekends only, will be open until 7:30 p.m. on Saturday, with no admittance after 7 p.m. 


Park Pass requirements still apply except at Playland Pool and Beach and at Croton Point Beach. All fees for entry remain the same. 


Further decisions for extended hours at the facilities will be made on a day-by-day basis.


For more information, call County Parks at (914) 864-PARK or log on to www.westchestergov.com/parks.

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Housing Group Urges Council Waive Higher Buyout Rates for Windsor/Hale Projects

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WPCNR THE HOUSING NEWS. From the Mayor’s Office. July 17, 2008: Mayor Joseph Delfino and members of the Common Council  recveived a letter today from the Westchester County Housing Opportunity Commission, urging the Council and the city to relent and not charge Windsor Terrace higher buyout fees they are now subject to that went into effect in March when the Council passed the new regulations requiring 10% of units in their projects to be set aside for affordable housing or subject to buyout fees. 


The organization writes: “We believe, that in these cases (Windsor Terrace and Hale Terrace), equity requires that the projects not be burdened ex post facto. The request relief is expecially appropriate in the context of the severe threat to the survival of a whole host of major projects in the City due to the current difficulties that affect investment and lending in real estate.  ” 


The letter is signed by George Raymon, Chairman.

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Preliminary Design for The New 55 Bank St. Affordable Housing Project Unveiled.

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WPCNR THE HOUSING NEWS. By John F. Bailey. July 17, 2008 UPDATED WITH MORE PIX,5:30 P.M. E.D.T.: The Urban Renewal Agency approved restructuring the 55 Bank Street affordable housing project along the lines requested by LCOR, the developer in LCOR’s meeting with the Common Council July 2.  LCOR announced $5 Million had been deposited in escrow with New York Land, intended for payment of the second installment of payment for the city municipal parking lot on Bank Street where the project is to be built.


However,  Peter Kilpatric, a senior Vice President for LCOR declined to say when the payment ( 17 days late and counting) would be paid the city. No member of the Commission asked why the money had not been paid since it has been advanced to LCOR, or what the downside was if the city refused payment and wished the land back.



The New 55 Bank Street design: 2 smaller towers, 16 and 19 stories on top of street-front retail. An above ground parking garage is to the right, extending back through the property to the rail tracks. A 28-story building rises behind the two smaller towers.


 



The view down Bank Street with the new strjuctures imposed on ghostings of the previous two-tower project presented today.


Kilpatric in a conciliatory introduction said the financial markets are not financing any projects in the $300 Million range at this time due to economic uncertainty, but that their financial sources said they would entertain financing projects of a $100 Million, which has driven LCOR to separate and build the project in three phases: Phase 1: the parking garage and 28-story building at the rear of the site, and an 19- story building fronting on Bank Street with street level retail, and an above ground parking garage occupying half the site.  


As part of the restructuring , the final $5 Million payment (two payments of $2.5 Million)  due the land is allowed to be paid as late as 2013, with a built-in increase based on the area Consumer Price Index growth from the original dates when the finan two installments were due ( June 30, 2009 and June 30, 2010).


The restructuring is dependent on Common Council approval of the revised site plan, which is due December 14, 150 days  from today.


 



Plan B!  Overhead view of the project. the parking garage will occupy entire right side of site and serve the hotel (said by Mr. Kilpatric to be very close to signing, but he would not reveal the hotelier identify). There would be a through street two ways going through the center of the project going under the ramped garage, through the hotel site, connecting with the existing Bank Street site. The garage would contain 500 spaces of parking owed the city. The elongated building on Bank Street  would contain the two towers that would be 10 stories shorter than the 28-story structure in the back of the property. Scale of project has been diminished, but the number of apartments, 536, 107 affordable remains the the same.



The new Gateway: New project layered by the magic of digital imaging onto the previous two tower design of the project — as it would appear to a motorist driving into the city on Tarrytown Road. Lower rise building in center of picture is the new garage. The shorter building above it is one of the new towers fronting Bank Street, and the higher tower is the 28-story ediface closest the railroad tracks.



The View from Battle Hill: The 28-story new building center of this digital simulation, closest the tracks looms, with the lower level parking garage visible slight to the left.



Peter Kilpatric told WPCNR the company had not decided whether to build the housing/retail component and garage first, or the 28-story building and garage closest to the tracks first. He said the 28-story building and the garage could be built for about $160 Million.


He said potential financing sources had no problem with White Plains, it was just that financial markets were “not functioning” now. He noted the lenders advised him they could not finance $350 Million presently, but could look at smaller projects about $100 Million. This was why Kilpatric said LCOR had opted to find a way to phase the project.  He did not explain how this affected the $5 Million payment skipped in June.

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New York Baseball at the Break

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WPCNR VIEW FROM THE UPPER DECK. By Bull Allen.  July 17, 2008: The New York Mets after dogging it for two months, petulant under the professionalism of Willie Randolph  put together a 9 game winning streak by surprise, playing hard (what a concept) for new Manager Jerry Manuel,  and now are being anointed contenders for first place. Suddenly Met pitchers have found the plate and are making good pitches – against kind of lousy ball clubs I might add.



The Big Ball Park, 1956


The New York Yankees are pretender contenders and can only hope the Tampa Bay Rays collective hitting slump against the Tribe (looking like the Sioux at the Little Big Horn last weekend and leaving the Rays reeling) shatters that team’s confidence enough so New York can acquire the Wild Card.


But what the first half of the season said about the New York professional baseball teams on both sides of Long Island Sound is that like the NFL, baseball has indeed achieved parity. Every team is flawed or mediocre (or pretty good and exciting, depending on your optimism). The myth that half the teams have a chance to win the Super Bowl, so naively accepted by the pro football public has been fiendishly, slowly moved into major league baseball by the Dr. Frankenstein of baseball, This Bud’s for You Selig.


How has this been done? By shrinking the strike zone, making even the best of pitchers vulnerable. Pitchers are being forced to pipe the ball for a strike. The Koufaxes, Spahnies, Seavers and Carltons of thirty years ago would have trouble today because their big sweeping curves and sinkers and high fastballs would be balls today. This is killing young pitchers who come to the leagues without enough stuff and control. The walks get them in trouble and when they come in with it the hitters just take them downtown.


The masters of the cut fastball like the Yankees Riviera and Boston’s Papalbon survive  on their one and two innings of work, but the starters – thanks to the pitch count philosophy today—without a six-pitch repertoire like Ray Holliday of the Jays, the hitters will be getting you inside of six innings. If you have a lot pitches you survive…Ray Halliday, Greg Maddox, Sabathia, and the Boston horse are examples.


He juiced up the baseball. (But you’ve heard this all before from me.)


He allowed steroids under his watch.


And now he’s bringing us instant replay (just on long flies and possible homers, mind you), in the playoffs. Please. (This is a subject of a whole column.)


So settle back and have a brew, fill out your scorecard and let’s bite some reality dogs.


Now how did the Mets put together that 9-game win streak?  They beat Philadelphia three times (quality wins), then blew out San Francisco and Colorado, the previous two teams the worst in the league.


Well after 4 games against Cincinnati – starting tonight they have to take all 4 – because reality then sets in for the Metropolitans, 3 with Philadelphia, 3 with St. Louis, 3 with Florida. The suddenly invincible pitching staff will be tested. I want them to go 9-4 on that 13-game stretch, that is taking each series. Five hundred doesn’t do it. But everybody is playing .500 – like the NFL.


The Yankees who after getting back in contention with a two-sweep of Tampa Bay – feasted only to lose three out of four to Toronto, a pesky club – now face nothing but quality ball clubs for the next 26 games. To go say 16-10 would be nice. Can the young starters who the Yankees have once again yanked up out of the farm system hang together? Will the bullpen which has done better of late hang together?


The Bombers play Oakland for 3, Minnesota for 3, and then 3 against Boston (which could have buried the Yankees two weeks ago, but did not and will be looking to moider them in the Fens), then 3 with schizophrenic Baltimore, then they play the Angels whom they never beat for 4 games. They go to LA at 500, they could be done by the end of the month. Then they get Texas, which is a much better club this year for 4, and finish up with the Angels and Minnesota. Brutal. Kansas City comes up a little too late.


And, has anyone noticed that there are 18 major league teams, more than half the 31 big league clubs that have a shot at the playoffs? The fiendish plan of turning MLB into the NFL is working. It is making huge money for baseball. However, will anyone feel good if Arizona wins the NL West and gets into the World Series and wins? How does that galvanize a World Series?  This Wild Card really  creates a lot of mailed in series on the part of the better teams through the year.


The two ballclubs in New York have made some really poor personnel decisions, while being afflicted with predictable injuries. Posada has broken down and cannot throw anyone out as a catcher. The Yankees have Molina as a defensive catcher, but Molina cannot hit. Big out at the end of the lineup. Matsui is out. Jeter is not hitting his usual self and Cano is having the sophomore jinx. The Melkman just ain’t hittin (sophomore jinx again).  


Consistency you say. Usually bad ball clubs are inconsistent. That’s why they’re bad. And the more inconsistent they are, the worse they are. Consistency also has a lot to do with the next day’s opposing pitcher, and your starting pitcher.


The rookies in the outfield are trying to fill in but cannot hit on a par with Matsui and Damon, who is injured. Sure the Yanks have injuries, but you might have figured that would happen they are old and getting older next year. (See my column of last fall.) But thanks to the watered down world of wild card baseball, and the ever cheerleading press box flacks,  the wobbly Yankees have a chance. But, that is the myth, the seduction of the wild card. The fans are buying the dream.


The clubs are like subprime mortgages, they’re nice but blowup big time at the end.


The Metropolitans should be ashamed of themselves for playing badly enough to get rid of Willie Randolph (who should have had the Yankee job, Girardi hardly deserved it), as should the sports press for not pointing out that this winning streak has been fashioned against the worst clubs in baseball.


More to the point, Delgado and Beltran performing better for Manuel than they did for Randolph, just because they did not like Willie is horrible. A lot of immaturity on that ball club. Do you think Manuel is more professional than Mr. Randolph?  No. What was the nasty dynamic that caused everybody to lay down for Willie — especially last September.


Over in the Bronx, as the Stadium resounded with All-Star Glory Monday and Tuesday nights, you got a feeling the Yankees will never be the Yankees again when they move to the new Yankee Stadium. It is going to be sad when 50,000 come out to watch a ballclub that is too old to win, has aging stars, and no pitching  next year.


And, how can the Yankees allow Milwaukee to get Sabathia? One solid starter could get the Yankees a shot at it this year. Where were the Steinbrenners on that one?  There are still pitchers out there…but they need hitters, too.  A trade for the Texas slugger who hit 28 out in a single night might be in order. Putting him in left behind A-Rod would be very nice, and then you could sign him and get A-Rod out of here for some quality young starters, a catcher and a centerfielder. (Damon is through.)


If the Yankees are to pull off another run the second half Cashman and the front office will have to do it, because the roster right now doesn’t have the firepower nor the defensive ability. You also wonder if the Joba Chamberlain thing was overblown. Had he started from the get-go they might have won 5 more games. Which would have them in first place. And Girardi would be being hailed as the second coming of Joe Torre.  Bad call on Chamberlain by front office and the Manager.


The Metropolitans well – Wagner has to stop blowing saves. They have to show they can go a lot better than .500 against the good teams in this stretch coming up. Hopefully Mr. Met will give us his take on the great Metropolitan Mystery: Are they too old? Too young at certain positions? Has the pitching coach suddenly turned into Johnny Sain?


Come in Mr. Met, where are you?


For Yankee fans, it is up to the front office. And also, Girardi has to stop platooning with a roster that is not all major league hitters. Hitting all lefties when you have lefties who cannot hit is not going to work. Hitting all righties same thing.


You have to play your best hitters and best defense all the time now.


Well there’s always Yankeeography next year. Back to those days of yesteryear the mediocre early 70s when the Yankees  on Channel 11 “Here come the Yankees, they’re really going to learn to fear the Yankees…”  showed promotion spots about Yankee tradition inbetween innings showing the Mantles, Berras, Fords and Dimaggios and Ruths and on the radio (WABC, I think) Frank Messer (“Good evening ladies and gentleman wherever you might be listening to Yankee baseball,  it’s a pleasure to bring you Yankee baseball,”) Phil Rizzuto (“You Huckleberry, Messer” “Holy Cow!”)  and Bill White  described Ron Blomberg, Horace Clark, Gene Michael,  Greg Nettles, Bobby Murcer, Mel Stottlemyre, Fritz Peterson and Mike Kekich on the radio. A good team, but which always finished about 7 games out.  And the Peterson-Kekich trade is still the best Yankee trade of all time, I might add.


Well, time to let the glorious summer heat simmer the pennant race and separate the contendas from the pretendas.

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Upload Errors Delay Dist. Rept Cards.Indvdl Studnts Tracked for 1st Time

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WPCNR SCHOOL DAYS. Official Statement from State Education Department Communications Office. July 16, 2008: The State Education Department data transferral of student graduation rates statewide was inaccurate, resulting in the eight-week delay in posting individual School District Report Cards for 2006-2007, according to a statement released exclusively to WPCNR Wednesday from John Burman a spokesman for the Communications Office. Here is his statement:


 


“We have been improving our data system to be able to accurately track all students, individually, and that process is now almost entirely complete.  This year high school data has moved to a new system incorporating a unique ID for every student.  These data for more than a million students in over 1000 schools use a single data repository, and that has caused a number of issues. The system was not completely successful in uploading data.  Those problems are being corrected now, and we expect to be able to release the data by the end of the month

In the past, schools used the STEP system to report their data on high schools – attendance, Regents exams, enrollment, BEDS, VESID SEDCAR (special ed data) information, among others.  STEP was essentially an ACCESS database that resided at the local level with school districts. This year all that information has moved over to the NYSTART web-based systems. 


As you may recall, two years ago, K-8 information from districts including unique student IDs began to flow to us through the NYSTART system.  Now we are doing this, for the first time, at the high school level.

NYSTART is the same data system that processes and delivers the 3-8 exam data to districts (released on June 23).  The system also delivered AYP reports for schools and districts as well as individual student reports in both English and Math for districts to share with parents. This year the high school reporting has already included high school AYP designations which are based on the Accountability Cohort. 

We are verifying the Total Cohort numbers with the school districts and plan on a release at the end of the month.  As we near completion of the individual student tracking system, we’re now able to include all students in our “total cohort” graduation rate, even students who dropped out in their first two years of high school. We’ve been transitioning to this new way of calculating graduation rates over the past two years. We believe that this “total cohort” graduation rate is a much more inclusive and accurate representation of a school/district’s graduation rate. “

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School Report Cards Delay Extends Another two weeks — Maybe.

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WPCNR SCHOOL DAYS. July 16, 2008: Two weeks ago, Superintendent of Schools Timothy Connors said that the State Education Department Report Cards were expected to be available “in two weeks,” and that the district wished to see the complete report cards before commenting in more detail on test scores. Connors did say test scores in the district had improved tremendously


Today, the State Education Department website (currently in a state of revamping), still had not posted the reports. A Press Spokesperson said the 2006-2007 Report Cards dealing with the test scores last year, would not be posted until the end of July. This is a sharp contrast to previous years, when the reports were on the SED website the first week of June. The NYSED Department Communications is issuing a statement to WPCNR on the cause of the delay. Manual pdf

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Consultant Begins Search for School Superintendent

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WPCNR SCHOOL DAYS. From City School District. July 16, 2008: About Our Schools, the school district newsletter announced today that Hazard, Young Attea and Associates had been hired at the cost of $70,000 to conduct a search for a new Superintendent of Schools for the district commencing in July, 2009 when the present Superintendent Timothy Connors retires.  The firm will begin sampling the wishes of the community for citizens want in “leadership qualities” in a new Superintendent at four meetings in September.


The meetings will be at St. Bernard’s Church, September 14 on Sunday at 12:30 P.M; Monday, September 15 at Bethel Baptist Church at 7 P.M.; White Plains High School on Monday, September 22 at 7:30 P.M. and at Education House, Tuesday morning,  September 23 at 10 A.M.




Deja Vu 2002: A determined Dr. Deborah Raizes, addresses the Bethel Baptist crowd at the conclusion of a community meeting in January 2002, on the search that brought White Plains Tim Connors, the present Superintendent. (WPCNR FILE PHOTO)


Deborah Raizes who brought us Superintendent of Schools Timothy Connors will moderate the meetings. The newsletter also reports the seach consultants, which include John Chambers, will meet with groups of staff members, students and others during September.

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Georgene Mongarella Named President of White Plains Rotary

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WPCNR DOWNTOWN. From The White Plains Rotary. July 16, 2008:  The White Plains Rotary, the largest in New York State, has named Georgene Mongarella, owner of the design firm The Color Schemer of Scarsdale, as its new president.



 In true Rotary fashion, Mongarella is deeply involved in her community.  She teaches her profession, interior design, at the Scarsdale High School, and serves on the Board of Architectural Review, also in Scarsdale. She chaired the Scarsdale Showhouse in 2005 which worked to preserve the Rowsley Estate (home of the Scarsdale Women’s Club.)She served on the Board of the American Society of Interior Designers (ASID) for three years.


 



 

 


She is on the Boards of United Way of White Plains, the Westchester Coalition of the Hungry and Homeless and the Gift of Life (through Rotary 7230)   She also serves as a Trustee for the Scarsdale Historical Society and volunteers on design projects for terminally ill children through the Make A wish Foundation.Mongarella is the personification of the Rotary motto: Service above Self. 


“I am thrilled to be serving as Rotary president this year, she said, as strains of the tune, “To dream the impossible dream” played in the meeting room. Among other awards she has received were the 2007 ASID presidential award and Westchester ARC’S 2007 Community Image Builder.


 Her clients include six of the New York Yankees, one New York Giant, and Nick Wolff of Century 21 Wolff, who sponsored her in Rotary. She and her husband Joe reside in Scarsdale.  He is always there for her and to support her goals; her life goal is to make the world a better place. Those who know her well think she is setting the bar quite high for the rest of us.


 

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6 Months, 6 Days Left For The Dauphin to Complete Wrecking America. He Has Time

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WPCNR The Daily Bailey. News COMMENT! By John F. Bailey. July 15, 2008: Here it comes: Another Presidential Press Conference this morning.  Sunday, the Federal Reserve’s genius, “Dollar Ben” bailed out Freddie and Fannie Mae. Yesterday “America’s Dauphin” ordered off-shore drilling for oil. Today, what’s next, a bailout of General Motors? Could we give the worst President in the history of the country the next 6  months and 6 days off? BEFORE he finishes wrecking the country. BEFORE he finishes the job he, big oil, the Wall Street Gang, and the  Clueless Congress have done on America in the last 7 years, 6 months and 15 days?



Can County Replace the Clobbered Clock with a Bush Countdown Clock?


Now that an alleged perpetrator has been apprehended in the flattening of the County Countdown Clock at the County Center, surely the Board of Legislators will see fit to erect another one, and this time it’s purpose could be the BUSH COUNTDOWN CLOCK which would countdown the seconds, minutes and days left in the worst presidency of the United States. The Dauphin makes Millard Fillmore, Jimmy Carter, Andrew Johnson and Ulysses S. Grant look very good right now.



 


 


 





Every day there is a new mind-boggling financial unraveling:profits built on thin air. You see it from the top on down.  Jobs are departing. Unemployment rising. The bank runs have started. This is the legacy of the Republican Party of the last twenty years. Make no mistake though. The Clinton Administration ushered in this era of faux profits, zero primes,  and financial casinos.


The frightening thing is America’s Dauphin has 6 months, 6 days left. He can do a lot of bad things in six months. Five months ago, the subprime mortgage crisis first came to our attention as a problem. Five months ago, gas was $3.00 a gallon. It is depressing to think it is going to be $6 a gallon in another five months. Five months ago you could sell cars. Now G.M., Ford, Chrysler cannot give their SUVs and Trucks away.


Please, a BUSH COUNTDOWN CLOCK is needed. If we can spend millions on a children’s museum at Playland, it is only appropriate that the legislators living in the dream world, the never never land of the Westchester County Legislature reerect the County Clock  so we can cross our fingers each day that we are not all working for foreign countries by January 20, 2009 — the day a new President is sworn in. 


Unless of course, “for the good of the country.,” the Dauphin declares Marshall Law and takes over the country like Robert Mugabwe to save us from Barack Obama. (Mugabwe didn’t want to leave.)


I have an idea!


Isn’t there another country The American Dauphin can visit? Quick! Gas up Air Force One and get him out of here. Why couldn’t he have just stayed out of the country? Now he’s back acting Presidential and that’s a dangerous thing for America.


I can’t help wondering about the financial acumen of the Fed Heads, the Wall Street Robber Barons, who saw all this unfolding. What were they thinking? Were they thinking? Could we at least have a statement once in awhile that  a lot of smartypants financial geniuses screwed up.


 They are not as bright, or as smart as they think they are. They deserve no respect.


Notice though who is getting bailed out. Not you. Not me. Not the pour souls who need help, it’s the rich geniuses, the investment bankers, the derivativites, the air mortgagists who have singlehandedly wrecked the American economy with mythical money, products that do not exist, and products that hurt America and pervert the American Dream. Such men and women of vision.


It all ends January 20,2009, maybe.



Fasten your seatbelt  for Day 2,752 of The Bush Presidency. What will happen today?


Every Press Conference is met with apprehension.


 


 


 

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