I think, one thing Blogo had right. Obama is an MF. God bless MFs. And after today's fiasco in DC on the auto bailout, that MF can't get to the White House too soon.

I expect that today the financial markets will lose, conservatively, a trillion dollars in value. That means that all of us who have even a modest stake in a retirement fund (or maybe just any old job) will lose big time.

Bush's big problem is that when push came to shove he wasn't an MF. He left all that to Cheney who was overly-qualified and was f'ing for the wrong people.

There was once a conservative Senatoar from NY who won on the slogan: "Isn't about time WE had a Senator." Now we MFs have a President Elect.

Here's, IMVHO, is the real story.

There's seems to be a pretty good circumstantial case that the Obama campaign not only dance with Blog but dropped a dime in him. Dropping a dime is an old out dated phrase which signified that someone had made a pay-phone telephone call (untraceable) to prosecutors or who ever. Telephone calls cost a lot more than a dime today, but the sentiment is the same. We once had a Surrogate Court Judge in NYC who was seen leaving the Courthouse and heading for a pay phone. Something Blogo might have considered.

I think the hidden story here is not Obama campaign’s cooperation with Blogo but the Obama campaign’s cooperation with Fitzgerald. That’s a no no in some political circles. But then again, Obama is one big MF.

If there is one person in this world who knows how straight Obama is, it's Fitzgerald. This man canned Rezko and probably shook that tree for Obama and concluded that it was empty.

Rezko's sentencing was originally scheduled for the week before the election. If Fitzgerald had wanted to rattle Obama or thought he was corrupt, the right moves ala Giuliani say, might have destroyed him, and cost him the election.

Given the withdrawal of Obama's favored candidate from consideration, it's more than likely that Obama's people smelled this deal a mile away.

If so, what would he do?

How about have his people cooperate. Drop the dime, That is a far more likely scenario than anyone really close to Obama swimming in the sewage with Blogo.

You betcha.

(There are two things I really want to write about. One is a comparison of Fitzgerald’s ethics with the ethics of ex-Prosecutor Rudy Giuliani. I have a personal bombshell abut that that is also old news.) The other is the epidemic of police [(and other violence including probably the murder of Nicole Simpson] and the prevalence of steroid use, particularly among police. But I have deadlines for Monday that I have to meet, so it will have to wait. Kudos to Robert frost)

http://johnklotz.blogspot.com

My post on Obama was bit clumsy. My point was that Obama did NOT dance with Blogo.

And one more thing. In discussing the financial fall-out from the collapse of the auto bailout, I omitted what now appears to be the one thing that will affect all Americans even those who don't own stock or have a job but rely on social security or unemployment compensation (or who even beg for quarters in the subway). The dollar is declining through the night. Another loss that that might cost a trillion or so. A trillion here, a trillion there, pretty soon you're talking real money (credit to the late Sen. Everett Dirkson - from Illinois)

http://johnklotz.blogspot.com

Write this down and put in a safe place (a pickle jar or something. My prediction is that the reason Obama is being super-careful is that his people "dropped a dime" on Blago and are cooperating with the prosecutor.

If so, the last things he can do is blow the trumpet about it. When you hear a politician crowing about a corruption investigation he instigated, it us usually the death knell for the investigation. Keeping silent gives the prosecutor a clear field and prevents the defendant from screaming about political reprisal etc.

It's only a prediction, but I expect it will emerge. For the time being, whatever cooperation the Obama people have given is secret grand jury material. Wouldn't surprise me if the much berated Rahm E. emerges as a grand jury witness of the friendly type. But that's for the future. Because of grand jury secrecy, mum's the word.

http://johnklotz.blogspot.com