From Representative Barney Frank, a master of double-talk who’s not doing much more than looking the other way when it comes to financial industry reform, with regard to the future prospects of repayment for Fannie and Freddie investors:
“We may now decide to bail you out. . . . But that’s different from being legally obligated.”
Gorilla says: “A distinction without a difference is like a checking account without a toaster!”
The Administration is carving out an exception for China to its bill tightening sanctions on Iran.
Unlike South Korea and Japan, our supposed allies in the region, Chinese companies would suffer no punishment for trading with Tehran.
Perhaps this is a bribe to get the Chinese on board at the UN, but the reality is neither the Chinese nor the Russians are serious about imposing more sanctions.
Sooner or later, the President’s going to have to decide whether he wants to make a deal with the Iranians.
The sanctions so far aren’t stopping Tehran from nuclear development, and there’s very little international appetite for a solely punitive approach.
Gorilla thinks: “Cut to the chase and cut a deal!”
No, it’s not yet time to jump for joy, but there seems to be a need on the part of mainstream media to cheerlead, or do anything other than ask why our leaders are doing essentially nothing at all about the worst unemployment picture in 70 years.
Gorilla says: “Going steady? More like going nowhere!”
Why is our country so afraid of the rule of law?
The Administration appears ready to reverse itself and go with a military tribunal in the case of 9/11 “mastermind” Khalid Sheik Mohammed.
Such tribunals so far have been little more than kangaroo courts.
Apparently, a 90 plus percent conviction rate isn’t good enough to stave off political disadvantage, so the cowardly way out is, as usual, the easy choice.
Gorilla says: “We are a country of laws, unless we feel like breaking them, then we’re a country of injustice!”
