The problem with socialism is that you eventually run out of other people’s money – Margaret Thatcher

Inuutang lang yan sa mga Intsik, to be paid for by our children’s grandchildren.  And those “children” are the same children who voted for Mr. Obama, like my son, Chris.  My son now said that voting for Obama was a mistake.  He does not agree with Mr. Obama’s Economic Stimulus Plan, especially the part about bailing out people, who can’t afford their mortgages and that part about giving more and enabling America’s perennial welfare people and such . . .   

I have no comment.  It’s a gloomy thought, I think.  And I don’t really wanna think of gloomy thoughts.  It’s better to think of funny thoughts and laugh. 

Like this one: Y’all heard about President Obama’s surprise phone call to President Gloria Arroyo early last Saturday morning, right?  Reports say that Mr. Obama’s daughters, Mahlia and Sasha, have yet to receive their new puppy from their poppa.  And that MAYBE the reason why Mr. Obama called Mrs. Arroyo was that he was looking … for a “tuta” (lap dog).

HARA-KIRI FOR AIG EXECUTIVES: I agree what Iowa Senator Charles Grassley said about AIG executives taking the Japanese way of accepting shame and defeat by “killing themselves.”  Those remarks echoed what he has said in the past about other corporate CEOs, who have stolen people’s money.

S enator Grassley said: “I suggest, you know, obviously, maybe they ought to be removed … but it would be better if they would follow the Japanese example and come before the American people and take the deep bow and say, ‘I’m sorry,’ and then either do one of two things: resign or go commit suicide.”

As y’all know, the AIG received $170-billion in bail-out money from the government to remain afloat and “to avert a cascade of failures in the financial system.”  But instead of doing what they’re supposed to do, it chose to pay their executives RETENTION bonuses.  As reported, 11 of the AIG executives who received retention bonuses of $1 million or more – including one who received $4.6 million – were not even retained.   

They’re no longer working for AIG.   

In all, 52 executives were paid bonuses and have left … and the funny thing is that these people who were given million-dollar bonuses were the same people who were responsible for the FAILURE of AIG. 

As Maureen Dowd, my favorite columnist from The New York Times, said that Timothy Geithner, Mr. Obama’s Treasury Secretary, a product of the cozy Wall Street club “believes it’s best to stabilize the company and keep on board the same people who invented the risky financial tactics so they can unwind their own rotten spool.” “Isn’t that like giving bonuses to the arsonists who started the fire because they alone know what kind of accelerants they used to start it?”  Miss Dowd asked. 

Right on, Ms. Dowd. 

“His (Obama’s) lofty team of economic rivals is looking more like a team of small forwards and shooting guards,’ Ms. Dowd added.  “At the White House on Monday, the President READ to reporters some tough talk from his teleprompter about the chuckleheads at AIG, accusing them of ‘recklessness and greed.’” 

Ms. Dowd suggested that what President Obama should have said to the bloodsucking bums at AIG, many of them foreigners, should have been this: “We stopped the checks.  They’re immoral.  If you want American’s hard-earned cash as a reward for burning up their jobs, homes and savings, sue me.” 

How about just a simple mass hara-kiri as Senator Grassley had suggested … that includes the AIG CEOs and executives and Mr. Obama’s economic team, as well?  The people are angry at AIG and at previous disclosures of large bonuses on Wall Street.  The people are angry at auto executives who flew on corporate jets to Washington for Congressional bail out hearings.  The people are angry at the rate President Obama spends taxpayers’ money.   

To appease the people’s anger, the knighted nincompoops from Obama’s round table must fall on their swords.  It’s the honorable thing to do….

THE OBAMAS ARE CHEAPSKATES?: A couple of weeks, when British Prime Minister Gordon Brown and his wife, Sarah, came to America to pay their respects to President Obama and wife, Michelle, Sarah Brown gifted the Obama girls, with dresses and necklaces from the exclusive and trendy London store, “Top Shop,” plus a basket of books penned by famous British authors. 

In return, Michelle Obama, gave the Brown’s boys, Fraser and John, models of the Marine One helicopter President Obama flies around in.  Guess what?  Those helo models sell for $15.00 on Amazon.com. 

The British press can’t seem to take a snub.  Their journalists are hitting out.  Thank goodness, they’re just hurling words, NOT shoes – Jesse Jose

A ccording to the London paper, The Telegraph, “while Sarah Brown had spent time choosing gifts for the Obama girls, Michelle had clearly sent an aide to the White House gift shop at the last moment.” 

As for the Prime Minister and the President, Mr. Brown presented Mr. Obama “a historically symbolic gift” of a pen holder carved from the timbers of the HMS Gannet, whose sister ship supplied the wood used to build the Oval Office desk.  Mr. Brown also gave Mr. Obama a first edition of the biography of Winston Churchill, by Martin Gilbert. 

In return, President Obama gave Prime Minister Brown a DVD collection of 25 movies that according to media gossips included the two American classics, “Deep Throat” and “Behind the Green Door.” 

According to another London paper, The Observer, “it is not so much the cheap prize tag that is wounding to British pride; it is the lack of thought.”   

Hey, mates, perhaps, the Obamas don’t mean no offense.  Perhaps, they’re just simply a couple of cheapskates.  Perhaps, they’re waiting on their stimulus checks . . .  

Or perhaps, Mr. Obama is no Anglophile.  “How could he be?” asked Tony Parsons of The Mirror, another London-based paper.  “As the son of a Black-African father, born in colonial Kenya, he carries the wounds and resentment of someone who has experienced British colonialism.” I dunno about that . . . 

The Brits can’t seem to take a snub.  Their journalists are hitting out.  Thank goodness, they’re just hurling words, NOT shoes. – JJ