Wednesday, September 4, 2013

Wednesday Evening Links, News, And Views -- The President Has A Tiger By The Tail

Wow, things are happening fast. First, Syria: Congress can't seem to act fast enough to vote support for President O'Bama (if only they could vote so quickly on issues that affected Americans more close to home); Saudi Arabia will pay for the war; Americans won't take any casualties in the first act in this techno-war; it looks President O'Bama will get authority to send in US troops ("boots on the ground"). If we do see "boots on the ground" it will be a messier replay of Iraq. Vladimir is the wild card; see below. Of course, things are in flux, but those are some of the headlines. It could just blow over, too, I suppose, and come to nothing. Futures are up a very small 14 points, so the market, at the moment is not worried. Oil is pretty much flat at $108.

The AFL-CIO finally gets it (something regular readers have known for a long, long time): employers are cutting hours to 29.5 hours to avoid ObamaCare. It will take an act of Congress to change that part of the bill. That cannot be done with an executive order. Employers better watch out. My hunch: employers will be responsible for all employees -- regardless of hours. Employers will outsource as much as they can. They will go to individual contracts. It will be a mess. Train wreck. Can you imaging Wal-Mart hiring each employee on individual contracts? There's no reason why it can't be done. A lot of folks work on contracts. Maybe it would be a "positive" for high school students working for McDonald's to learn to read contracts, become individual contractors. They could work as many hours as the two sides agreed upon. I could see fairly simply contracts.

Just when the AFL-CIO finally gets it and EVERYONE finally seems to get it, when the president should be devoting 24/7 to saving O'BamaCare, he now has a much bigger war than he had planned. He says it will be brief, limited; but wars never go as planned. My hunch: Vladimir Putin won't let Syria go easily. We might very well see a replay of the Cuban Missile Crisis over Syria. Putin has his own problems at home, and there's nothing like a war to improve your ratings. It's scary to think that John Kerry is one of the best and brightest masterminding this impending debacle.

There is every possibility there is no more agenda for this administration once the war starts.

I think the president might be hanging on to the tail of a tiger.

I've Got A Tiger By The Tail, Buck Owens

2 comments:

  1. Here is an interesting link from Motley fool about ND Oil. I personally am underwhelmed w/Motley Fool because they want you to buy their services, but it did pop up on Yahoo/Finance. oops...didn't include the link:
    http://www.fool.com/investing/general/2013/09/03/north-dakota-to-feds-weve-got-fracking-under-contr.aspx

    ReplyDelete
    Replies
    1. Thank you. I had missed that one. (I agree with you; generally I do not care for Motley Fool, though I link a number of their articles.) Occasionally Motley Fool has a great article, this is one of them.

      Thank you for taking time to post.

      Delete

Note: Only a member of this blog may post a comment.