It’s been a while since I last posted and this will be a nice break from writing sound bytes on twitter. Well, it is safe to say the American economy is going to have a “Lost Decade” in the coming years. The American-engineered Global Financial Crisis has already sent shockwaves through the rest of the world by first bringing down the once self-sufficient Iceland into the EU, gave impetus to ramming through the Treaty of Lisbon, and pressuring China to develop its domestic market to offset potential losses from the global economic slowdown.
Blame it on Rio or blame it on Obama. President Obama, Michelle Obama, Oprah, Michael Jordan have actually failed America for the first time in the world stage. Not only did the Obamas’ speeches fail to persuade any of the IOC members to support Chicago for the 2016 Olympics, the committee decided to gave the rights to Rio de Janeiro, a city that is best known for its favelas, street children and crime. The official IOC justification were complaints of the hostile American visa system and underlying anger at the global recession that originated in the United States. Also, Brasil made a very persuasive argument that it was time for South America to finally have an event on their continent and highlighted its significance in her respective region.
In the end, Obama returned from Denmark with disappointing results and again shocked a country that felt it was entitled to host the Olympics in America. First New York loses the bid to host the 2012 Olympics and now Chicago in for the 2016 Olympics. This would have been unthinkable years before since the United States had hosted the 2002 Winter Olympics in Salt Lake City, and the 1996 Olympics in Atlanta. The American-dominated New World Order that Bush alluded to was destroyed by his idiot son and his former advisers.
Today was another miserable in the NJTransit trains. Jon Corzine slashed the budgets for the trains and there are more delays due to broken trains from lack of maintenance and endless delays from overcapacity. Corzine also did a great job raising taxes and slashing state services based on his experiences as a Goldman Sachs CEO. Usually when someone raises prices while cutting services is considered a ripoff and Corzine is no different in ripping NJ taxpayers off. There was once a rumour that Corzine was considered as a nominee as Obama’s Treasury Secretary, which I am glad was just a lie. America just doesn’t need another former Goldman Sachs CEO to fuck up the economy the way Hank Paulson did.
I only wished there were Ben Bernanke masks for sale for Halloween. That way I could get a mask, dress up in a cheap suit and tape a sign with the words “Financial Terrorist” on my back to create the Ben Bernanke Halloween costume.