This'n'That; September 14th[Polls;Sharia;GubmintMotors;GroundZero]

The Polls Are Kickin' His Ass! [Fluffer got a bounce in the polls after his "You Lie" speech, but like the previous bounces, that too shall pass!! Will FluffyCare be his "Waterloo?"...... I think so!!] The Rasmussen Reports daily Presidential Tracking Poll for Monday shows that 34% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as President. Thirty-seven percent (37%) Strongly Disapprove giving Obama a Presidential Approval Index rating of -3. Overall, 52% of voters say they at least somewhat approve of the President's performance. That represents a two-point gain following the speech and is the highest rating for the President since July 17. Forty-eight percent (48%) now disapprove. Eighty-four percent (84%) of Democrats approve while 78% of Republican disapprove. As for those not affiliated with either major party, 43% offer a positive assessment and 56% give a negative review. The President’s speech also provided a bounce in support for his health care plans. Fifty-one percent (51%) now favor passage of the plan while 46% are opposed. Those figures include 28% who Strongly Favor the plan and 38% who are Strongly Opposed. How Will This Affect Fluffy's Views? [This is the religion that Fluffy prefers, as evidenced by his announcement that America was not a Christian nation!! Last time I looked, we didn't stone anyone to death for anything. If we did, just think of all the bloody meat just in the streets of Washington, D.C....!! Phatt Kennedy would have been stoned by several disgruntled spouses-and that's just one of the [formerly] revered legislators in that city!!!] Indonesia’s province of Aceh has passed a new law making adultery punishable by stoning to death, a member of the province’s parliament has said. The law also imposes severe sentences for rape, homosexuality, alcohol consumption and gambling. Sharia law was partially introduced in Aceh in 2001, as part of a government offer to pacify separatist rebels. A peace deal in 2005 ended the 30-year insurgency, and many of the former rebels have now entered Aceh’s government, which enjoys a degree of autonomy from the central government in Jakarta. The legislation was passed unanimously by Aceh’s regional legislature, said assembly member Bahrom Rasjid. "This law will be effective in 30 days with or without the approval of Aceh’s governor," he said… Married people convicted of adultery can be sentenced to death by stoning. Unmarried people can be sentenced to 100 lashes with a cane. Previously, Aceh’s partially-adopted Sharia law enforced Muslim dress codes and mandatory prayers. Fluffy Owns This One! [Since Fluffy bought General Motors and fired the CEO; this debacle is his very own; "he owns it!!" All his bailout did was reward poor management; reward poor production practices. Had he let both auto companies fail, they'd been forced to "clean up their acts," and start again as real companies-not just an arm of a mis-managed executive branch!! This poor management is continuing but with a different captain at the helm!!] FRANKFURT – As many as 10,500 Opel jobs in Europe could be cut, including nearly half of them in Germany, the co-chief executive of Magna International Inc. said Monday — a move likely to draw strident criticism in countries where the automaker has operations. Speaking to reporters in Frankfurt, Siegfried Wolf said part of his company’s plan for Gubmint Motors Co.’s European unit envisions possible job cuts, including 4,500 in Germany, where Adam Opel Gmbh is based. GM agree last week to the sale of its European subsidiary to Magna and Russia’s Sberbank… Last week, Gubmint Motors Co. agreed to sell 55 percent of the unit to Canada’s Magna International and Russian lender Sberbank in a 50-50 split. GM will keep 35 percent, the biggest single stake in Opel, and Opel workers will hold 10 percent. Opel employs some 49,000 workers in Europe and has plants in Germany, Spain, Britain, Poland and Germany. Last week, GM said that work at the Antwerp plant could be wound down and that some production at Zaragoza, Spain could be moved to Eisenach, in Germany, drawing criticism of Germany for seemingly negotiating the deal to protect its plans and work force, which numbers 25,000 people. Wall Street But NO "Ground Zero?" [The Fluffer managed to speak at Wall Street on the anniversary of the Lehman collapse, but couldn't make it to "Ground Zero" for the eighth anniversary ceremony. Does his allegience lie with the American people he so ineffectually governs or with the "Mohamed Atta's" of the world? He spoke of growing the federal government to provide "cradle-to-grave" control of the American economy-of the American individuality; of the American independency; of the American privacy!! He as much as admitted that the American economy must sink as low as the rest of the G-20 countries before he'll feel that he's ruined The United States to his liking!! His speech indicated that he's continuing his fascist policy of "spending the country to prosperity".... which ain't possible-an undeniable truth of economics!! The group he spoke to included some of his largest campaign contributors-

• CEO Richard Fuld ($2,300),
• President Joseph Gregory ($4,600)
• John Rhea - Bundler (over $500,000) Co-Head of Lehman Bros. Global Investment Banking
• Mark Gilbert - Bundler (over $500,000) Lehman Brothers Senior Executive
• Christine Forester - (over $500,000) Lehman Brothers Senior Executive
• Theodore Janulis – Bundler (over $100,000) & Lehman Brothers Head of Global Mortgages
• Nadja Fidelia – Bundler (over $50,000) & Managing Director of Lehman Brothers

Is there any wonder that he showed up at Wall Street rather than "Ground Zero??"] Fluffy obama, speaking one year after Lehman Brothers Holdings Inc.'s collapse, reiterated his plan to overhaul the financial regulation system and urged the Congress to pass the reform as soon as possible. At Federal Hall, which is located on Wall Street and just across the New York Stock Exchange, obama urged financial industry to support his new financial rules and avoid a return to the practices of excessive risk taking. obama also called for global coordination in financial oversight and protecting economic recovery. Lehman, the fourth largest U.S. investment bank, filed for bankruptcy on Sept. 15, 2008, which triggered a financial crisis that spread around the world and resulted in more than 1.6 trillion U.S. dollars in losses and write downs by financial institutions. Addressing an audience consisting his economic team, financial executives and consumer advocates, obama said it was a "collective failure of responsibility in Washington, on Wall Street, and across America that led to the near-collapse of the financial system one year ago." The president warned Wall Street that they "cannot resume taking risks without regard for consequences, and expect that next time, American taxpayers will be there to break their fall." "While there were many who took out loans they knew they couldn't afford, there were also millions of Americans who signed contracts they didn't fully understand offered by lenders who didn't always tell the truth," obama said. obama promised the Consumer Financial Protection Agency, which his administration proposed to establish in June this year, will have the power to ensure that consumers get information that is clear and concise, and to prevent the worst kinds of abuses. "Consumers shouldn't have to worry about loan contracts designed to be unintelligible, hidden fees attached to their mortgages, and financial penalties -- whether through a credit card or debit card -- that appear without warning on their statements," obama assured the audience inside the Federal Hall and in front of TV. The government is also seeking ideas and input from industry leaders, policy experts, academics, consumer advocates and the broader public for "the most ambitious overhaul of the financial system since the Great Depression," said Obama. obama recounted his plan to reshape financial regulation, which he unveiled in mid-June this year. Under the new plan, the government will make the Fed a systemic risk regulator to oversee large institutions whose failure could threaten the stability of the entire system. obama said one of the main reasons this crisis could take place is that many agencies and regulators were responsible for oversight of individual financial firms and their subsidiaries, but no one was responsible for protecting the whole system. "Regulators were charged with seeing the trees, but not the forest," the president said. The reform also will create a council of regulators with broad coordination responsibility across the financial system. The council will discuss systemic risks but the Fed will not need its approval to act against them. Hedge funds, derivatives and consumer mortgages, all blamed for the current crisis, will thus be under the supervision by the government. And institutions that originate loans would be required to retain 5 percent of the credit risk when the loans are turned into securities. Under existing rules, some financial companies can actually choose the regulator of their choice, while others like hedge funds can operate outside of the regulatory system altogether. obama urged the U.S. Congress to pass the regulatory reform as soon as possible. He stressed that it is important to note that the very absence of common-sense regulations able to keep up with a fast-paced financial sector is what created the need for that extraordinary intervention. obama also called for "coordinated response to promote recovery and to restore prosperity coordination" among key developed and emerging economies. Next week, the Group of 20 Summit will be held in Pittsburgh and leaders will continue to work on their agreement in April London Summit in spurring global demand and addressing underlying problems that caused such a deep and lasting global recession. obama called the G20 Summit "an effective forum for coordinating policies among key developed and emerging economies." Til Nex'Time....