News Items You Might Have Missed
A cozen of prominent money center bankers visited with President Obama on Dec. 14 to check on how well he’s been representing their interests in Washington. Three of the top execs, Lloyd Blankfein of Goldman Sachs, John Mack of Morgan Stanley, and Richard Parsons of Citigroup, missed the meeting, saying that the fog of war delayed their flights. President Obama apologized for the Washington climate and assured them that the checks were in the mail.
Endorsing Predator air strikes on Pakistan in a Dec. 8 editorial, the New York Times advised that they be carried out with “no publicity” since they are “hugely unpopular” with the locals. Pakistanis are objecting to what they claim are unsightly “We’re Coming to Kill You” billboards that CIA-contracted ad agencies have plastered along Waziristan goat tracks. The media campaign is expected to be suspended at the completion of the mass distribution of the “You Die” potholders that have become ubiquitous in Baluchi kitchens.
Winning Prize Lost
Accepting his Nobel peace prize, President Obama eloquently reserved his right to make war. Meanwhile, it was announced that he didn’t make the running for the Clausewitz prize, awarded to those who win wars. Sam Sun Tzu, a spokesperson for the Clausewitz committee, said that the U.S. quagmires in Iraq and Afghanistan made Obama’s defense of war equivalent to the Chicago Cubs declaring their right to win pennants.
A member of the Honduran military junta that seized power from the elected government last summer criticized President Obama for failing to publicly endorse the coup. “All we got from the White House was a wink, a nod and tech support," complained Col. Torturo Suplicio. “Hillary and her people were a lot more forthcoming. You would think that Obama would let us crash a state dinner for crushing the threat of constitutional social democracy in our part of the world. Some people are just ingrates.”
Fee Market Advances
The financial industry, celebrating its total 24/7 access to the U.S. Treasury, is getting spiffed for another gold-plated gala. With the expected passage of “health care reform,” Americans are taking a giant step towards a Fee Market society in which they will be obliged to pre-pay a financial company to obtain medical services--and eventually to go to a supermarket, gas up the car or take in a movie. As with health care, these companies will provide no useful service, but simply collect these fees to fuel obscene compensation packages for their executives. Americans have voiced a preference for Fee Markets over socialistic systems in which people pay for goods and services directly or through their taxes without incurring separate fees.