Let's rename the so-called "Blue Dog" Democrats as the Fig Leaf Democrats. As a label, it fits better. Most of them have no principles except their selfish priority to get re-elected in a conservative district. In the latest example, they are grabbing onto some minor fake "cost cuts" to find a way to keep negotiating with Obama's capos to find a fig leaf for themselves to survive a vote for his national health insurance scheme.
The first fig leave is a switch in the small business mandate from requiring them to pay for health care - i. e., act as workers' mothers - to "require that payments to health-care providers under a new public health plan not be pegged to Medicare ... " Huh ? What's the difference ?
Then we see the "cost cuts" that purport to be $100 billion over ten years. Gosh, that less than Congress spends every year in earmarks to pay off supporters. And is even that pittance a "cut" ? No. "The cuts would be achieved in part by asking states to share in a planned expansion of Medicaid, which offers health insurance for the poor ... " So the states pay, not the Feds. Some "cut".
I guess lying and fooling the public is so ingrained in DC that they can't see how silly these claims look. Or perhaps they expect the Obama propaganda machine to provide good concealment for their betrayal of promises to their voters.
Perhaps they should talk to the voters, as more and more don't trust Obama's health care scheme.
I re-bought MT and a bit of FCX yesterday in Obama Fund. I have a couple more names that might give me the targeted profit potential. The US and European markets seem to have a bid to them almost every morning. It could be overseas money. I'm cautious as I have a lot invested in Krypto Fund and Fido Fund already. Until and if Obama re-appoints Ben, I'll probably stay just lightly invested in Obama Fund.
Word of the Day
"Yawp" - noun and verb [$10]
Yawp means (noun) 1. a) a harsh or course cry; b) loud raucous cry; 2. (US) foolish talk; (verb, intransitive) 1. utter a yawp; 2. (US) talk foolishly; 3. talk continuously and noisily.
Sentence: The Fig Leaf Democrats yawp incessantly to fool voters in their districts. I think they will betray their districts, but will fail to fool the people.
Latin Word of the Week
"Cognito" - verb
Cognito means to think, reflect
Sentence: Cognito ergo sum. I think, therefore I am.
[My Latin is just beginning to be re-learned so I don't know the words for 'sentence' or 'word of the week' yet. Soon ...]