Obama White House plans to rearrange the deck chairs on the Administration

What our nation needs is a new government agency! That's the latest Obama plan to get America working again. He's going to create a Department of Jobs.

A new department -- potentially merging the Commerce Department, the office of the U. S. Trade Representative and some economic divisions at the State Department -- is an idea first brought up by the president during the State of the Union address earlier this year.

Unless he gets Steve Jobs to run it, and maybe hire everyone who's unemployed, I don't really see the point.

Then since he's got Reorg Fever, while he's consolidating over here, look yonder and he's busy dismembering Fannie Mae and Freddie Mac over there.

According to The Washington Post, one of the options is to restructure Fannie and Freddie as public utilities managed by a government regulator. Or the two mortgage giants could be closed and replaced with numerous successors that would have their mortgage-backed securities guaranteed by the government in exchange for a fee, the newspaper reported.

Oh great, thousands of little Fannies and Freddies rampaging hither and yon, hiring every homosexual who's ever shaken hands with Barney Frank.

Jobs! For bureaucrats' boyfriends! Because the world needs more unionized government employees.

Whatever way you slice it, Barry's got nuthin'.

Meanwhile, a new generation of community organizers have hatched a plan to boycott Barry's Magical Misery Bus Tour.

OK, not exactly. They're demanding he implement the ultimate Keynesian solution. Employ one group of workers to dig a hole, and another to fill it in again. Everyone works for the government!

Well, except the layabouts. They'll still get their checks, right? Barry wouldn't dare cut welfare or social security or any of the 67,412 other wealth-redistribution programs administered by the Department of Redundancy Department, would he?

Of course not. Like Tom Vilsack says, putting folks on the dole creates jobs too!

Posted at 00:08 by Chris Wysocki   [/economy]   Comments | Perm Link |
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