On the left side of this frame, Michelle Obama is shown in the outfit she wore a few days ago at a photo-op in a soup kitchen. On the right side of the frame, Ms. Obama is shown in proportion to a cube that would hold $1 trillion in dollar bills. This cube would be 440 feet on a side, so Ms. Obama's size has been significantly reduced.
While Ms. Obama was dishing out soup to the homeless, her husband and his friends were planning $1 trillion in "quantitative easing" for banks and other financial institutions like AIG.
A fairly typical estimate of the number of homeless people in the United States is about 3 million, and we could house each and every one of them at $50,000 apiece, meaning $200,000 for a modest house for a family of four, for $150 billion, and make mortgage payments of about $2000 per month on 10,000,000 homes now threatened with foreclosure for about four years, for the same $1 trillion now destined for "quantitative easing."
Most of us have absolutely no idea what "quantitative easing" means, or why Mr. Obama and his friends want to spend $1 trillion of our money on "quantitative easing."
Michelle ObamaI couldn't finish the convention coverage last night - backups kicked in on the server and I couldn't get enough disk bandwidth on it to post successfully. This will be brief as I'm almost out of battery power.
I thought Michelle Obama's speech last night was critical. We saw a strong, poised, and powerful woman, who at the same time was someone that anyone who's had a tough time in part of their life could relate to. I think this is exactly what the Obama team needs, and I think it will be much more difficult after last night's family appearance (including the girls) for anyone to continue to paint the family as elitist. I think the emotional reaction of the crowd spoke for itself. We have an opportunity to elect a president that understands what it is to face adversity and move forward. It's important to take back the presidency and improve our standing in Congress. Then it is important for us to continue to hold all of those elected Democrats to the real change and progressive values that they have promised. But that's next week's rant. For right now I just want to be happy that this might happen at all.