Showing posts with label speech. Show all posts
Showing posts with label speech. Show all posts

Friday, September 25, 2009

Another Empty, Self Congratulatory Obama Speech

This speech, the one the President made at the G-20 meeting in Pittsburgh - SSDD - Same Stuff Different Day. But did anyone else notice that it was made between five PM and six PM Eastern Time, right over top of the Glenn Beck show? Does anyone suppose that it was merely a coincidence? And why in the world did Fox Network preempt the Glenn Beck special to play it? It was no different than any of his others. No sixth graders will memorize this one.

And one last question - Am I the only one who notices the number of times President Obama uses the word "I" as the start of his sentences. In the seventh grade, Mr. Brabson taught me to vary my sentence structure and not start every sentence with "I".
For reference,the word I does not appear in the Gettysburg Address, not even once.

Monday, June 1, 2009

Geithner's New Comedy Act on Far East Tour.

BEIJING, June 1 (Reuters) - U.S. Treasury Secretary Timothy Geithner on Monday reassured the Chinese government that its huge holdings of dollar assets are safe and reaffirmed his faith in a strong U.S. currency.

A major goal of Geithner's maiden visit to China as Treasury chief is to allay concerns that Washington's bulging budget deficit and ultra-loose monetary policy will fan inflation, undermining both the dollar and U.S. bonds.

China is the biggest foreign owner of U.S. Treasury bonds. U.S. data shows that it held $768 billion in Treasuries as of March, but some analysts believe China's total U.S. dollar-denominated investments could be twice as high.

"Chinese assets are very safe," Geithner said in response to a question after a speech at Peking University, where he studied Chinese as a student in the 1980s.

His answer drew loud laughter from his student audience
, reflecting scepticism in China about the wisdom of a developing country accumulating a vast stockpile of foreign reserves instead of spending the money to raise living standards at home.