Daily Chatterings: Wednesday, March 25th

THE BIG CHATTER:
Everyone's been talking about President Obama's news conference on his budget plan. Well, it's really the budget plan itself getting all the news. He is making it clear that health care reform, green energy, and a strong investment in education are essential towards fixing our economy. This is something progressives have been arguing for a while, and I am not sure I ever thought we would have a President making that argument for us.


SOME OTHER CHATTERINGS:
It is Democracy for America's fifth birthday today. The DFA is largely responsible for starting the 50-state strategy and utilizing small donors over the internet, both factors in President Obama's historic victory in 2008.

Not really news, but President Obama is mentioned in the first 5 stories under CNN's latest news column.

Obama: Mexico cartels 'completely out of hand'
Obama vows to 'attack this crisis on all fronts'
Ticker: Obama gives tough answer to CNN
iReport.com: Share reaction to Obama briefing
Jindal defends those who want Obama to fail

Speaking of idiots, Jindal is a complete idiot.

"Make no mistake: Anything other than an immediate and compliant, 'Why no sir, I don't want the president to fail,' is treated as some sort of act of treason, civil disobedience or political obstructionism," Jindal said at a political fundraiser attended by 1,200 people. "This is political correctness run amok."

I will wait patiently for him to look at how anti-war progressives were treated during the last eight years. Apparently, when there is a Republican, war President, the slightest criticism is an affront to our troops and to our nation. However, if the President is a Democrat, it is your patriotic obligation to oppose him by all means.

No doubt you have heard about the increased violence on the Mexican border, now the President is sending more agents to the border.

Apparently Hedge Fund managers were some of the only people making money this last year, mostly betting against stocks.

As major markets and economies careened downward last year, 25 top managers reaped a total of $11.6 billion in pay by trading above the pain in the markets

I will not be surprised to find these guys closely connected to AIG, Bear Sterns, Lehmann Brothers. If I had the accounting skills, I would be checking their books to see whether or not their big winnings came from betting against companies they had connections to. And one thing I never understood, where does the money come from when you bet against a company and it fails? I understand that when you invest in a company and it does well, you get some of those earnings. But whose pocket does it come out of when you bet against a company? Whose money do you get?

Financial experts are declaring that they believe the recession is not far from rebounding. I have been saying for some weeks now, that I believe we are near the bottom. Recent upticks, and this report lead me to believe I was right.

YOUR DAILY VIDEO TO CHAT ABOUT:


Anything I'm missing?