Tonight President Obama has his second press conference. There was a camera behind him showing the faces of the news people. If you can check it out.

They all looked like they wanted to tell him he had no clothes on. The emperor has no clothes! Actually they didn’t all look that way.  One lady was either asleep or taking an awfully long time to review her notes.

Did he actually answer any questions? Hmmm, not really. Slogans – we are all in this together, etc. Asked about the tent people and the immediate aid, he slid off. Asked about why two days to answer the AIG fiasco, he slid off. Asked about the future deficit, he slid off.

The 2009 budget

I have just posted in the Your Attention Please section (see sidebar) President Obama’s 2009 budget and a list of which institutions got bail-out money and how much.

My advice, which I intend to follow, is to not do business with any bank that took the taxpayer’s money. I am moving to a local or regional bank that is responsible, honest and has the customer first not the bank biggie wiggies.

As for the budget, you might want to read the first 43 pages to see where we are headed. You should be concerned. If you are not, you will be eventually.

Governor Schwarzenegger held a press conference to discuss the state budget.

What is one of the first things a corporation does when it it business declines? Stop hiring and if necessary, start laying workers off. It is 2nd grade math . . . we have this money minus these expenses and we can’t have a negative number for an answer.

Of course everyone wants someone else’s budget cut. In the end California better cut almost everything. State workers should ask themselves, “Am I better of with a 10% paycut or with NO JOB?”