Wednesday, April 8, 2009

WE'RE BACK

We have purposefully avoided posting these past two months. Like many Americans we have been hopeful that our new President would be successful. Our daughter, flush with the idealism of youth, had chastised us for not giving President Obama the opportunity to prove his ability to lead our nation out of the mess we are in. We have sat on our hands, counted to ten after each evening news report, and occupied ourselves with other pursuits.

After the events of the past two weeks, we are now ready to starting posting here again. President Obama just completed his first visit abroad as President of the United States of America, a position synonymous, with the title, “Most Powerful Person In The World”. We have lots to say about this, but will break it up in several posts for those of you with limited attention spans, time, or tolerance for our point of view.

Michelle Obama & French First Lady, Carla Bruni-Sarkozy

The trip started well enough, with a visit to London to for a meeting of the “G-20”, Group of Twenty, the leaders of the 20 wealthiest nations in the world. These countries create 90 percent of the planet’s gross domestic product and are quite literally, the only countries in the world that should have a say. But we will address that in another post.

Tthe main stream media would have you believe that this meeting was a rousing success for Obama. Indeed the crowds in London seemed to love the President and First Lady. Crowds in France were equally charmed by the Obamas. But the discussions of Mrs Obama’s mastery of wardrobe (we don’t see it, but we will leave that discussion to fans of People Magazine) and mismanagement of protocol (For those of you think that Mrs. Obama is Jackie Kennedy reincarnated, Jackie O’ would have never bungled the gift giving the way Michelle has) have been smokescreen for a failed mission. The fact is the United States did not not accomplish it’s main objective, an agreement that other wealthy nations would infuse some of their capital into the global economy. Then there was the embarrassing deference shown to other leaders, most notably bowing to Saudi King Abdullah bin Abdul Aziz Al Saud (Don’t event pretend it was something other than a bow. We have watched four different videos and viewed five different photos. It was a bow.) What was done was the US agreed to give up its fiscal sovereignty by agreeing to allow the newly formed Financial Ability Stability Board to regulate and oversee all financial institutions, instruments and markets, including tough new rules on pay and bonuses at a global level. Simply put the Chinese, a communist nation, will have a say in how much American workers should earn. Whatever else was accomplished, we are still not over this one.

Now every treaty proposed by the President must be ratified by two thirds of the US Senate, 67 members. We have faith that this one will never pass that flawed body. Next overtures to the Muslim World.

No comments: