Barak Obama's speech on race. And thoughts on the economy.
Sen. Barak Obama
Today Barak Obama gave a speech to knock you down. I read of Jewish woman that said she had the speech on and was listening as she folded clothes and she had to sit down because her knees buckled while listening to his speech. Sen. Obama said that "I am the son of a black man from Kenya and a white woman from Kansas. I was raised with the help of a white grandfather who survived the depression to serve in Patton's Army during World War II and a white grandmother who worked on a bomber assembly line at Fort Leavenworth while he was overseas. I've gone to some of the best schools in America and lived in one of the world's poorest nations. I am married to a black American who carries within her the blood of slaves and slaveowners-an inheritance we pass on to our two precious daughters. I have brothers, sistes, nieces, nephews, uncles and cousins, of every hue, scattered across three continents, and for as long as I live, I will never forget that in no other country on earth is my story even possible."
These are some very powerful words that could have the ability to knock you down. Yet, for me I am still not able to partake in the Obama-mania. The speech was very "wow" filled, but lacking. It's fine for him to allay the fears of his fringe and white voters. To dispell any fears that by his connection to Rev. Jeremiah Wright he is somehow racist, even to the point of painting a picture of how its pretty much impossible for him to be racist. Yet, this only touches on part of what Rev. Wright expressed that Sen. Obama ommited in his speech on racism in America. The crux of the words that sparked the firestorm were what many in the Black community perceive as the "truth." “We bombed Hiroshima, we bombed Nagasaki, and we nuked far more than the thousands in New York, and we never batted an eye. We have supported state terrorism against the Palestinians and black South Africans, and now we are indignant because the stuff we have done overseas is brought right back in our own front yards.” Rev. Jeremiah Wright. I see no racism in this, so why a speech on racism today? The perceived truth in Rev. Wright's words above ring true in the Black community to many, not just by the generation of Black people that came of age in the 1950's and 1960's, as Sen. Obama tried to push this as an old way of thinking, thinking of a previous generation. Racial profiling did not come of age in the 1950's and 1960's its a valid issue today. On several occasions Sen. Obama continued to condemn the words of Rev. Wright as if to reassure or comfort a particular group and I doubt seriously it was the Black voter. Sen. Obama gave a beautiful speech, but beauty is only skin deep.
New York Stock Exchange
The bailout of Bear Stearns represents a significant moment in the looming economic crisis. First, let me clear something up. The main stream media has been reporting the bail out of Bear Stearns was bailed out by the government. This is mis-information. The Federal Reserve is NOT a government entity. Let me repeat. The Federal Reserve Board is NOT a government entity. The Federal Reserve is a group of private bankers that do not work for the federal government of the United States. This bailout is going to affect us all. Its another curve in the ball rolling towards a possible economic collapse in the U.S. The Federal Reserve also lowered the short term interest rate by 3/4 of a percent today. There was talk of lowering a full 1 percent, but it appears the Fed backed off this, which would have been the biggest cut in interest rates since 1982. This move is to try and cause Americans to spend money, which makes absolutley no sense in the daily life ot the average American since most people have tapped much of their savings and are beginning to max out their credit just to survive on a daily basis. This coming "stimulus package" , money the IRS is sending each taxpayer, put into affect by Dubya and the U.S. Congress, appears only to put a bandage on a cancer. The funds sent out by the IRS will serve only to show an injection of money being spent into the third quarter in efforts to prop up what will be a lousy fourth quarter.
Reader Comments (2)
--klqtzz
Why so harsh?
Isn't he exhibiting the traits of a U.S. president? Rev. Wright is a hater? He sounds more like a truth speaker to me. Why is it that if a Black man critiques the country Rev. Wright obviously loves, he is a hater. I don't understand this new fangle philosophy of admonishing to be hateration!