Friday, February 27, 2009
Let me be very clear on the economics of President Obama’s State of the Union speech and his budget.
He is declaring war on investors, entrepreneurs, small businesses, large corporations, and private-equity and venture-capital funds.
That is the meaning of his anti-growth tax-hike proposals, which make absolutely no sense at all — either for this recession or from the standpoint of expanding our economy’s long-run potential to grow.
Raising the marginal tax rate on successful earners, capital, dividends, and all the private funds is a function of Obama’s left-wing social vision, and a repudiation of his economic-recovery statements. Ditto for his sweeping government-planning-and-spending program, which will wind up raising federal outlays as a share of GDP to at least 30 percent, if not more, over the next 10 years.
This is nearly double the government-spending low-point reached during the late 1990s by the Gingrich Congress and the Clinton administration. While not quite as high as spending levels in Western Europe, we regrettably will be gaining on this statist-planning approach.
Study after study over the past several decades has shown how countries that spend more produce less, while nations that tax less produce more. Obama is doing it wrong on both counts.
And as far as middle-class tax cuts are concerned, Obama’s cap-and-trade program will be a huge across-the-board tax increase on blue-collar workers, including unionized workers. Industrial production is plunging, but new carbon taxes will prevent production from ever recovering. While the country wants more fuel and power, cap-and-trade will deliver less.
The tax hikes will generate lower growth and fewer revenues. Yes, the economy will recover. But Obama’s rosy scenario of 4 percent recovery growth in the out years of his budget is not likely to occur. The combination of easy money from the Fed and below-potential economic growth is a prescription for stagflation. That’s one of the messages of the falling stock market.
Essentially, the Obama economic policies represent a major Democratic party relapse into Great Society social spending and taxing. It is a return to the LBJ/Nixon era, and a move away from the Reagan/Clinton period. House Republicans, fortunately, are 90 days sober, as they are putting up a valiant fight to stop the big-government onslaught and move the GOP back to first principles.
Noteworthy up here on Wall Street, a great many Obama supporters — especially hedge-fund types who voted for “change” — are becoming disillusioned with the performances of Obama and Treasury man Geithner.
There is a growing sense of buyer’s remorse.
Well then, do conservatives dare say: We told you so?
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Thursday, February 26, 2009
1 Trillion $ tax increase? This is a coup d'etat on the American way of life. Communism would be no less an abrogation of our liberties.
Do we fight? or follow meekly to the slaughter like sheep?...T
President Obama's budget proposes $989 billion in new taxes over the course of the next 10 years, starting fiscal year 2011, most of which are tax increases on individuals.
1) On people making more than $250,000.
$338 billion - Bush tax cuts expire
$179 billlion - eliminate itemized deduction
$118 billion - capital gains tax hike
Total: $636 billion/10 years
$17 billion - Reinstate Superfund taxes
$24 billion - tax carried-interest as income
$5 billion - codify "economic substance doctrine"
$61 billion - repeal LIFO
$210 billion - international enforcement, reform deferral, other tax reform
$4 billion - information reporting for rental payments
$5.3 billion - excise tax on Gulf of Mexico oil and gas
$3.4 billion - repeal expensing of tangible drilling costs
$62 million - repeal deduction for tertiary injectants
$49 million - repeal passive loss exception for working interests in oil and natural gas properties
$13 billion - repeal manufacturing tax deduction for oil and natural gas companies
$1 billion - increase to 7 years geological and geophysical amortization period for independent producers
$882 million - eliminate advanced earned income tax credit
Total: $353 billion/10 years
Total = $989 Billion!
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Wednesday, February 25, 2009
So our great socialist leader B. Hussein Orwell spends a trillion dollars, then the very next week scolds us all for spending too much money, and that we must balance the budget - with tax increases and military cuts - in a recession...ok...
Then the very next week he spends another 400 billion dollars on a 3 month appropriations bill, laden with over 800 earmarks - but he promised to end earmarks? Well maybe next year (yeah right, and democrats are for the little guy...)
But wait friends, wait! The piece de resistance is yet to come! $800 billion in socialized medicine! Can you say "Canada"?
This is without even mentioning "Cap & Trade" which will shut down the global economy in the name of "climate change" (i.e. "Socialism") and card check (i.e. goose stepping brown shirted union thuggery) or left wing fanatics gerrymandering the electoral system by corrupting the census...
Prognosticators are wondering why, if the country is in dire need of emergency “stimulus,” most of the money appropriated by this law will not even be spent this year or next? No, it's spent in 2010, an election year...
As Dick Morris opines, there is no mystery here, as the answer is simple: These billions in taxpayer funds will fund the Democratic political machine for many years to come.
They have neither the guts nor wits nor disposition to figure out that Barack Orwell is a product of the corrupt political machine in Chicago which has been imported to Washington D.C. with Rahm Emmanuel as Osama's Hermann Goering.
They want a one-party system headed by a strong man.
Can you say "Union of Soviet Socialist America"?...T
I do not understand at all this going into debt for almost another trillion dollars, and then immediately promising to balance the budget soon (like blowing off your foot near an emergency room), or how “stimulate” differs from “borrow”, or why the more noble victim is the one who sought to borrow too much for too much house and then defaulted, rather than he who chose to borrow less for less house and paid his mortgage on time each month and now subsidizes the less responsible. (The former apparently will still have the larger house, the latter the smaller.)
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Tuesday, February 24, 2009
Monday, February 23, 2009
So now even liberal economists think spending a Quadrillion dollars of taxpayer money on pork and democrat party causes is a big waste of money? Now?! Where were they before it was passed into law?!
I have been watching with interest all these cable news shows, doing program after program speculating on a forthcoming depression, on how spending wildly leads to hyper inflation via 70's Argentina, on how tax increases in a steep recession are historically guaranteed to deepen and prolong the downturn...again I ask: "Where were they?" when this communistic clown, with zero public record, was running virtually unopposed for the presidency of the United States of America?!
And now, ladies and gentlemen, our Great Socialist leader is going to balance the budget...balance the budget?! Did you not just spend a trillion dollars sir?! a trillion dollars? Have you no shame? At long last, sir, have you no shame? none at all?! ;)
And doing so by raising taxes on business, on capital gains (goodbye Dow Jones!), on the incomes of those that produce jobs, and by radically cutting the military? Isn't this the same clown that said we needed more troops in Afghanistan? That we should invade Pakistan?!
No dear readers, this revenue will be used to spend, spend, spend even more on pork, on welfare, on Union causes, on recruitment of illegal immigration, on government activism, and on inflating the size of our bloated government bureaucracy, because you see, they do all vote democrat, don't they?
Joseph Goebbels once opined that for a lie to be successful, it must be brazen, bold, and colossal, so as to be immune from rational dismissal, by rational thinking people. The BIG LIE...
We have in office as President a liar, a thief, and a communist of Orwellian proportion. May our nation be strong enough to outlast him. Jimmy Carter was an amateur in his shadow...T
WASHINGTON -- Judged by his own standards, President Obama's $787 billion economic stimulus program is deeply disappointing. For weeks, Obama has described the economy in grim terms. "This is not your ordinary run-of-the-mill recession," he said at his Feb. 9 news conference. It's "the worst economic crisis since the Great Depression." Given these dire warnings, you'd expect the stimulus package to focus almost exclusively on reviving the economy. It doesn't, and for that, Obama bears much of the blame.
The case for a huge stimulus -- which I support -- is to prevent a devastating downward economic spiral. Spending is tumbling worldwide. In the fourth quarter of 2008, the U.S. economy contracted at a nearly 4 percent annual rate. In Japan, the economy fell at a nearly 13 percent rate; in Europe, the rate was about 6 percent. These are gruesome declines. If the economic outlook is as bleak as Obama says, there's no reason to dilute the upfront power of the stimulus. But that's what he's done.....
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Thursday, February 19, 2009
...after taking heat from the drive-by press during the campaign for misappropriating, arrogantly some say, the new deal era National Recovery Act (NRA) logo, president Osama Bin Hussein unveiled his new logo for the new socialist Utopian America!...T
Wednesday, February 18, 2009
As a sop to former republican times, his slave would run behind his chariot, every now and then whispering in his ear... "Remember you are human! Remember you are human...you Communist bastard!!!"...T
Tuesday, February 17, 2009
Welcome back 70's style welfare! What's next? gas lines? unilateral surrender to our enemies? massive runaway inflation?
That's right, the "stimulus" bill has repealed welfare reform argues Mickey Kaus, in high dudgeon! No more penalties for states that repeal time limits. Since without these, the states have incentive to continue welfare indefinitely due to the massive infusion of $$ they get from the federal government in return, welfare reform is now, in effect, dead.
All this without a debate, in the middle of the night. And they next want to corrupt the census used to apportion congressional seats? And then to legally shut down conservative speech with the fairness doctrine? Obama is a radical socialist, case closed. Shame, shame on the drive by press for covering up the true nature of this radical leftist takeover of America...T
RONALD REAGAN started it, Bill Clinton finished it and last week Barack Obama was accused of engineering its destruction. One of the few undisputed triumphs of American government of the past 20 years – the sweeping welfare reform programme that sent millions of dole claimants back to work – has been plunged into jeopardy by billions of dollars in state handouts included in the president’s controversial economic stimulus package
...Douglas Besharov, author of a big study on welfare reform, said the stimulus bill passed by Congress and the Senate in separate votes on Friday would "unravel" most of the 1996 reforms that led to a 65% reduction in welfare caseloads and prompted the British and several other governments to consider similar measures.
...A reemerging "welfare" issue is a potential killer, in other words, for Obama's big remaining plans, especially health care. If Dems seem determined to reinstate dependency--or at the least blind to the dangers of dependency--voters aren't going to trust them to spend trillions on universal health insurance and fortified pensions. It's hard to believe Obama doesn't realize this.
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Thursday, February 12, 2009
;) ...Sorry, couldn't resist! This Stimulus bill is the worst piece of legislation ever to come before the US Congress. Once again, following "Top Conservatives on Twitter - #TCOT - is definitely worth your time!...T
LBJ took advantage of the assassination of Kennedy to ram everything the left had wanted for a generation through congress. The direct result was 21% interest rates, 10% inflation, 10% unemployment, the "misery index", talk of amending the Constitution to provide for 2 presidents serving concurrently, gas lines as long as the eye could see because "the oil is all gone!", our enemies running rampant over U.S. interests worldwide, the Islamist revolution, surrender to Iran, and...Jimmy Carter...
Osama is using the current environment to foist the exact same socialist pap down our collective throats, and the result will be identical, if we are so lucky that it is not indeed even worse, to the point of a collective Waterloo that the author fears...T
WASHINGTON -- The president, convinced that the only thing America has to fear is an insufficiency of fear, has warned that "disaster" and "catastrophe" are the certain alternatives to swift passage of the stimulus legislation. One marvels at his certitude more than one envies his custody of this adventure.
Certitude of one flavor or another is never entirely out of fashion in Washington. Thirty years ago, some conservatives were certain that their tax cuts would be so stimulative that they would be completely self-financing. Today, some liberals are certain that the spending they favor -- on green jobs, infrastructure and everything else -- will completely pay for itself. For liberals, "stimulus spending" is a classification that no longer classifies: All spending is, they are certain, necessarily stimulative.
At Yale's 1962 commencement, President John Kennedy expressed Washington's recurring confidence in the ability to supplant politics with expertise. As is traditional, Kennedy deplored "traditional labels" and insisted that "differences today" involve not clashes of principles but only "matters of degree." Kennedy argued that "the practical management of a modern economy" is "basically an administrative or executive problem." Congress need not intrude. Because policy issues are "sophisticated and technical questions," demanding "technical answers, not political answers," laypersons could hardly participate in the debate.
In December 1965, John Maynard Keynes, although 19 years dead, was, as today, enjoying one of his recurring resurrections as vindicator of government management of the economy by manipulating "aggregate demand." Keynes' visage was on Time magazine's cover and the accompanying story said that happy days were here again and here to stay.
President Lyndon Johnson was embarked on building the Great Society, assisted by policymakers who, wrote Time, "have used Keynesian principles" to smooth the moderate business cycles and achieve price stability: "Washington's economic managers scaled these heights by their adherence to Keynes' central theme" that a modern economy can operate at "top efficiency" only with government "intervention and influence." So, "economists have descended in force from their ivory towers and now sit confidently at the elbow of almost every important leader in government and business, where they are increasingly called upon to forecast, plan and decide." Ten years later, the "misery index" -- the unemployment rate plus the inflation rate -- was 19.9, heading for 22 percent in 1980.
Today, again, we are told that "politics" has no place in the debate about the tripartite stimulus legislation, which is partly a stimulus, partly liberalism's agenda of social engineering, and partly the beginning of "remaking" the economy. Gary Wolfram of Hillsdale College notes that the size of the stimulus -- the House-Senate compromise bill is $789 billion -- is just slightly less than the amount of all U.S. currency in circulation, and is larger than the entire federal budget was until 1983. Yet it is said that in the debate about this encompassing legislation -- which concerns what government can and should do, and ultimately what kind of regime America shall have -- people should "transcend" (so says Larry Summers, the president's economic adviser) politics. What, then, would be left for political argument to be about?
It is said that the negligible Republican support for the stimulus legislation means that bipartisanship is dead. But what can "bipartisanship" mean concerning legislation that concerns almost everything?
John McCain probably was eager to return to the Senate as an avatar of bipartisanship, a role he has enjoyed. It is, therefore, a measure of the recklessness of House Democrats that they caused the stimulus debate to revolve around a bill that McCain dismisses as "generational theft."
The federal government, with its separation of powers and myriad blocking mechanisms, was not made for speed but for safety. This is particularly pertinent today because if $789 billion is spent ineffectively or destructively, government does not get to say "oops" and take a mulligan. Senate Republicans have slowed and altered the course of the "disaster! catastrophe!" stampede. Still, as Anthony Trollope wrote in one of his parliamentary novels, "The best carriage horses are those which can most steadily hold back against the coach as it trundles down the hill."
Not yet a third of the way through the president's "first 100 days," he and we should remember that it was not FDR's initial burst of activity in 1933 that put the phrase "100 days" into the Western lexicon. It was Napoleon's frenetic trajectory in 1815 that began with his escape from Elba and ended near the Belgian village of Waterloo.
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Tuesday, February 10, 2009
...In fact, stimulus may be precisely the wrong metaphor. Rather than getting jazzed up, we need to be calmed down and to take the time to learn from the Great Depression, a time when government did too much, not too little. Amity Shlaes makes the argument in The Forgotten Man, her book about the Great Depression, that the constant experimenting and meddling of the New Deal froze investors and business operators in fear: “Businesses decided to wait Roosevelt out, hold on to their cash, and invest in future years.”
Despite the warnings of Keynes, the experience of the past half-century indicates that today’s low interest rates will start having a positive effect, though it still will take many months. Meanwhile, left alone, what Hayek called “spontaneous order” will find its way forward. Using a different metaphor, James Grant, in his history of credit, Money of the Mind, wrote, “The cycle of decay and renewal is as much a part of capitalism as it is of the forest floor.” But, in the 1930’s, “something in the normal regenerative process was missing. There was no decisive recovery from the business-cycle bottom. People had lost their speculative courage, and the more government legislated and taxed, the more that credit sulked.”...
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This would work!...T
HOW TO STOP ISLAMIC TERRORISTS...... it worked once in our History...
Just before World War I, there were a number of terrorist attacks against the United States and it's interests by, you guessed it, Muslim extremists.
So General Pershing captured 50 of the terrorists and had them tied to posts execution style. He then had his men bring in two pigs and slaughter them in front of the, now horrified, terrorists.
The soldiers then soaked their bullets in pigs blood, and proceeded to execute 49 of the terrorists by firing squad.
The soldiers then dug a big hole, dumped in the terrorist's bodies and covered them in pig blood, entrails, etc.
They let the 50th man go. And for about the next 42 years, there was not a single attack by a muslim fanatic anywhere in the world.
Monday, February 09, 2009
Against all odds this author thought possible, this ignorant paean of a president is even MORE narcissistic that Bill Clinton. He is, as the author wryly, but aptly, puts it - "a man who would run over his grandmother to get in front of a camera". His press conference today was an orgy of "I" "Me" and "Mine" that would have made Ol' Bubba cringe.
Bush has left him a powerful legacy to squander. Let's hope his vanity prevails over his colossal ignorance and fanaticism, as it did the Clinton's...T
You’d never know it from listening to the lamestream media this weekend, but Iraqis went to the polls in nationwide provincial elections. Turnout was strong, and there was not a single major act of violence.
The early returns show a repudiation of the Islamist and other religious parties which had been in large part dominated by Iran. Secular parties, and in particular, the party of the current Prime Minister, Nouri al-Maliki, appear to have gained position. This is a huge step toward a secular, stable representative democracy in Iraq.
“I just voted and I’m very happy,” said one Iraqi man.
“I want the political leaders to listen to us. I think this will begin the change,” said another.
“A great day,” said yet another.
The BBC reported that there was “a holiday atmosphere” among voters walking to the polling places.
A female Baghdad medical student said, “People here are so excited by the feeling that their vote can make a difference.”
Exhilaration over voting? Excitement? A holiday atmosphere?
The lamestream media, invested for years in the narrative that Iraq was a failure, only begrudgingly reported any of this, and made sure to counter it with erroneous reports about light turnout and confusing voting procedures.
Iraq had more effective and efficient candidate selection than we did.
Exhibit A: the Illinois Senate seat.
Exhibit B: the New York Senate seat.
Exhibit C: the Minnesota Senate seat (pending).
Exhibit D: ACORN, anyone?
We should have Iraqi election monitors watching us during our next elections. They ran a better show than we did.
Most disgracefully, our new president—-a man who would run over his grandmother to get in front of a camera—-could only manage a lame written statement “congratulating” the Iraqi people on holding elections. He’s got no problem holding press conferences about such pressing issues as the choice of White House puppy. But a presser on the landmark Iraq elections? Why, that’s a bridge too far.
President Bush stuck with Iraq. Against all political pressure and advice to the contrary, he went ahead with the surge and allowed the generals and the troops the latitude to see the engagement to victory. In the process, he liberated 28 million people from tyranny’s grip and gave them a shot at freedom.
Something tells me there was a “holiday atmosphere” at the former president’s Texas home this weekend.
Bush was right. Again.
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Another gem today from the "Cartoon Nazi".. (he may want to consider changing his name, now that Osama & his brown shirts are on the march)...T
Just so you know... A billion seconds ago it was 1977. That's how much a billion is.
800 billion seconds ago it was 23,358 BC. That's how much 800 billion is.
Thanks to Barack Obama and his less-than idiot supporters; This is the beginning of the end of America as we've known it.
Do the math yourself:800,000,000,000 seconds divided by 60 = minutes, divided by 60 = hours, divided by 24 = days, divided by 365 = years. Subtract your total from 2009.
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Posted by Ted Pethick at 10:14 PM
Friday, February 06, 2009
Scene: Washington DC - the bowels of Barney Frank's dungeon...(sorry!!!)
Set: Pelosi, Reid & Osama are cast as Shakespearean witches at the cauldron -
...as Barry Goldwater rolls over in his grave, Osama cradles his skull and declares, for all to hear -
"Extremism in the defense of Slavery is no Vice!"
- B. Hussein Osama 2009
"A failure to act, and act now, will turn crisis into a catastrophe."
-- President Obama, Feb. 4.
Catastrophe, mind you. So much for the president who in his inaugural address two weeks earlier declared "we have chosen hope over fear." Until, that is, you need fear to pass a bill.
And so much for the promise to banish the money changers and influence peddlers from the temple. An ostentatious executive order banning lobbyists was immediately followed by the nomination of at least a dozen current or former lobbyists to high position. Followed by a Treasury secretary who allegedly couldn't understand the payroll tax provisions in his 1040. Followed by Tom Daschle, who had to fall on his sword according to the new Washington rule that no Cabinet can have more than one tax delinquent.
The Daschle affair was more serious because his offense involved more than taxes. As Michael Kinsley once observed, in Washington the real scandal isn't what's illegal, but what's legal. Not paying taxes is one thing. But what made this case intolerable was the perfectly legal dealings that amassed Daschle $5.2 million in just two years.
He'd been getting $1 million per year from a law firm. But he's not a lawyer, nor a registered lobbyist. You don't get paid this kind of money to instruct partners on the Senate markup process. You get it for picking up the phone and peddling influence.
At least Tim Geithner, the tax-challenged Treasury secretary, had been working for years as a humble international civil servant earning non-stratospheric wages. Daschle, who had made another cool million a year (plus chauffeur and Caddy) for unspecified services to a pal's private equity firm, represented everything Obama said he'd come to Washington to upend.
And yet more damaging to Obama's image than all the hypocrisies in the appointment process is his signature bill: the stimulus package. He inexplicably delegated the writing to Nancy Pelosi and the barons of the House. The product, which inevitably carries Obama's name, was not just bad, not just flawed, but a legislative abomination.
It's not just pages and pages of special-interest tax breaks, giveaways and protections, one of which would set off a ruinous Smoot-Hawley trade war. It's not just the waste, such as the $88.6 million for new construction for Milwaukee Public Schools, which, reports the Milwaukee Journal Sentinel, have shrinking enrollment, 15 vacant schools and, quite logically, no plans for new construction.
It's the essential fraud of rushing through a bill in which the normal rules (committee hearings, finding revenue to pay for the programs) are suspended on the grounds that a national emergency requires an immediate job-creating stimulus -- and then throwing into it hundreds of billions that have nothing to do with stimulus, that Congress's own budget office says won't be spent until 2011 and beyond, and that are little more than the back-scratching, special-interest, lobby-driven parochialism that Obama came to Washington to abolish. He said.
Not just to abolish but to create something new -- a new politics where the moneyed pork-barreling and corrupt logrolling of the past would give way to a bottom-up, grass-roots participatory democracy. That is what made Obama so dazzling and new. Turns out the "fierce urgency of now" includes $150 million for livestock (and honeybee and farm-raised fish) insurance.
The Age of Obama begins with perhaps the greatest frenzy of old-politics influence peddling ever seen in Washington. By the time the stimulus bill reached the Senate, reports the Wall Street Journal, pharmaceutical and high-tech companies were lobbying furiously for a new plan to repatriate overseas profits that would yield major tax savings. California wine growers and Florida citrus producers were fighting to change a single phrase in one provision. Substituting "planted" for "ready to market" would mean a windfall garnered from a new "bonus depreciation" incentive.
After Obama's miraculous 2008 presidential campaign, it was clear that at some point the magical mystery tour would have to end. The nation would rub its eyes and begin to emerge from its reverie. The hallucinatory Obama would give way to the mere mortal. The great ethical transformations promised would be seen as a fairy tale that all presidents tell -- and that this president told better than anyone.
I thought the awakening would take six months. It took two and a half weeks.
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Posted by Ted Pethick at 1:32 PM
Thursday, February 05, 2009
Wednesday, February 04, 2009
The man's record is of a small time political hack, a crooked crony of Chicago ward politics, and an fanatically left-wing one at that. So why should we be surprised that he now is acting like one? The criminal malfeasance of the drive-by press in electing their messiah will soon be the biggest scandal in the modern history of the nation, once this clown is seen riding naked though the town square on his horse.
In short order Osama may make his role model look good by comparison. No, not Lincoln - Jimmy Carter, replete in his sweater, malaise, and defeatism...T
I get loads of quasi-hate mail about questioning Obama’s candidacy and governance. But I am worried, not about Obama, or the politics of governance, but about the nation itself. The media has forsaken us. But after only two weeks we are in a crisis stage of confidence, and the story is spiraling by the hour out of control. I write here not to score points, but to warn readers that this is all very serious. Obama is our President, and we must hope he does something fast to save his administration from general ridicule that will incur real dangers for all of us abroad.
Again, anyone who cares about the US, at home and overseas, must be worried, very worried, about the disastrous last two weeks. Even the fawning media–that is responsible in some way for the crisis, given that they chose to be Pravda-like in encouraging the messianic style that got a haughty Obama in his present mess–will soon start bailing in efforts to restore their last fides. If a Dick Morris figure does not come to the rescue soon, Obama’s soaring rhetoric of hope and change will become the stuff of Leno/Letterman and general laughter. Bush was unfairly demonized, but no one abroad thought he was predictably soft and would be so-so about protecting US interests, or that his words and his deeds would be so often in direct antithesis.
What happened? Count the ways, and then let us see what might be done pronto!
I. Obama claimed a new moral high ground, and the media seconded that. But nothing in his career—his failed congressional race, the divorce disclosures of his two Senate primary and general rivals, Rezko, Wright, Blago advisor, Ayers, etc.—had ever suggested he had on a single occasion challenged prevailing norms in efforts to raise the ethical bar.
Instead he was allowed to blather on about heaven on earth, while he was by needs governing from the corrupt cesspool of DC lawyers and lobbyists. So we got the worst of both worlds: the most exalted ethical rhetoric ever, and the greatest ethical lapses of any incipient administration in memory. Over 10 lobbyists now appointed. Consider further: Richardson (nuff said), Holder (helped to pardon a most wanted fugitive), Lynn (Raytheon lobbyist now at Defense), Killefer (sloppy taxes; she’s gone), Geithner (tax dodger), Daschle (would have been a tax felon had he been one of us), Rangel (blank check both to write and break our tax laws), Dodd and Frank (exemptions for ethical lapses at the eye of the financial storm).
There are still the Blago tapes and the fears that Prosecutor Fitzgerald short-circuited the investigation in recognition that once Team Obama started turning up horse-trading on tape they had to be warned to desist. The full release of those transcripts will either confirm or belie that fear—and Blago is sinisterly brilliant and eager for revenge.
II. Then there were the inflated lectures on historic foreign policy to be made by the clumsy political novice who trashed his own country and his predecessor in the most ungracious manner overseas to a censured Saudi-run press organ (e.g., Bush is dictatorial, the Saudi king is courageous; Obama can mend bridges that America broke to aggrieved Muslims [apparently Teheran hostages, Rushdie, serial attacks in the 1990s, 9/11, Madrid, London never apparently occurred, and neither did feeding Somalis, saving Kuwait, protesting Chechnya, Bosnia/Kosovo, billions to Egypt, Jordan, the Palestinians, help in two Afghan wars, and on and on]). It is always dangerous to suggest that ‘America then bad, America now good’—the former gives bad guys talking points, the latter reason to try something stupid.
III. Then there was the shrill, harsh campaign rhetoric of Bush shredding the Constitution–FISA, Guantanamo, Patriot Act, Iraq, renditions–followed by ‘all that for now staying the same’, inasmuch we haven’t been attacked in over seven years. This suggests either that Obama was disingenuous then or disingenuous now. Let us hope it was the former.
IV. The stimulus is an ungodly disaster–a trillion dollars to foster Democratic constituencies that will leave a generation to come with unsustainable debt. Listening to Reid/Pelosi has proven catastrophic. Necessary loan guarantees to stop meltdowns have morphed into a liberal wish list (cf. Emanuel’s ‘don’t let a crisis go to waste’) of a half century. Borrowing trillions to cure an economy that borrowed hundreds of billions and got itself into an abyss of debt makes no sense.
V Robert Gibbs, the new press secretary is, well, incompetent. He is a Scott McClellan nightmare that won’t go away—given his long McClellan-like relationship with the President (McClellan should have been fired on hour one on the job). When Davis now sorta blames Fox News for Obama’s calamities he is McClellan to the core. He is sounding as duplicitous, vague, and contradictory as Obama is supposedly transparent and bipartisan. The conflicting messages don’t mix. I think he is kind and a good person in a way McClellan was not (though not always so in the primaries), but Gibbs is not helping the President and absolutely exposing the press to ridicule, who otherwise would have ripped apart someone of his caliber long ago.
VI. True, Biden is just being Biden. But now he is Vice President Biden of our United States. Already, he’s ridiculed the Chief Justice. He has trashed the former VP. He has bragged on himself ad nauseam in very Bidenesque weird ways (best qualified VP in history he booms), and it has only been two weeks. He is as incompetent in foreign affairs as Gates, Jones, Holbrooke are skilled.
And the result of all this?At home our President is losing critical credibility—but at a geometrical rate in week 2 of a four-year term. He must for our sake improve—fast!
Abroad, some really creepy people are now lining up to test Obama’s world view of ‘Bush did it/but I am the world’: the North Koreans are readying their missiles; the Iranians are calling us passive, bragging on nukes and satellites; Russia is declaring missile defense is over and the vulnerable Euros in real need of iffy Russian gas; Pakistanis say no more drone attacks (and then our friends the Indians say “shut up” about Kashmir and the Euros order no more ‘buy American” and no to more troops in Afghanistan). Oddly, Iraq stays quiet, our homeland security measures are keeping us safe, and the initial bank guarantees stopped a greater meltdown–so not everything was ruined on January 20.
Here are some suggestions:
I. Drop all the talk about the best, the most, the greatest ethical, moral, legal etc. Just keep quiet and call in Senate leaders of both parties and show them the names of nominees and ask for pre-hearing advice. I think Geithner cannot now stay: not when Obama confesses that Daschle had to go to avoid two tax laws for elites and mass. But Geithner’s sin was far worse, since he was the nominal head of the IRS itself. He should step down, and Obama should likewise distance himself from Rangel. Advice: Keep quiet and carry a big ethical stick.
II. Never trash your predecessor or the US abroad. Defend it—always; America is better than the alternative; that it is not perfect does not mean that it is not great. Bush’s decision to surge was courageous, a Saudi royal calling for Israel to go back to the 1948 borders is just more of the same. Trust Billary, Gates, and Jones on foreign policy; ignore Biden. Send him to funerals (and that is risky).
III. Hush about the Bush homeland security measures. Just accept them as necessary evils. Express regret for the no-win choices, but insist that another 4 years of safety from 9/11 attacks is the primary consideration (and we will assume that ‘Bush shredded the Constitution’ was mere empty-headed Hollywood-imported campaign rhetoric.)
IV. Halve the stimulus. Insist on tax cuts rather than hand-outs. Include mandatory spending caps to come based on GDP performance; call for national unity to balance the budget when the storms pass. Do not listen to one word from Pelosi/Reid. The former is an extremist, the latter unhinged. Call in Lieberman for insider advice. Find some Senate Democratic moderates. We will endure this 1981-2-like Recession that is not the Great Depression, but increasingly an excuse for European socialism that has now imploded from Greece to the UK.
V. Replace Gibbs. Perhaps bump him upstairs to some sort of communications czar. But don’t unleash him on the public or press. Bring some old Democratic pro out from the past, either a liberal version of a TV vet like Tony Snow or some Clinton-era flak.
VI. Give Biden a key assignment: something like an Al Gore reforming government thing—anything other than commentary on foreign policy or ad hoc philosophizing. In thirty days Dick Cheney will be Rushmorean in comparison.
Let us hope that the world doesn’t try to test us this month. And if the outlaws do, let the sober and judicious people (and there are many) in Obama’s foreign policy team be allowed to react. In week three, we are light years from ‘hope and change’; now it is let us “hope he can change”.
Basic message: stop, halt, quit NOW the “I am the messiah” rhetoric before the fair-weather media bails.
So stop “Bush did it” refrains. And stop the trash Rush/Hannety/talk radio/Fox. Arguing with talk radio is not what Presidents do (did Bush diss Keith Olbermann?). Speak softly and kindly (and HUMBLY) in preparing for mega challenges against American interests. Do all that and the American people will rally to our President. They want their President to succeed and can forgive a lot, but again not hypocrisy cum self-righteousness.
Ask President Carter.
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Good Ol' San Fran Nan...does she not realise there are only 300 million Americans en Toto? Well now, let's hold on a minute! Perhaps after this Porkulus monstrosity becomes law and the Governments runs everyone's lives, then the calculation will be that most Americans lose their jobs TWICE! I stand corrected.
- Thanks to The Conservative Post - T
Tuesday, February 03, 2009
Great recap here, showing the fantasy reality that the western press has made of the Arab-Israeli conflict. View this video, then check out a summation of the real history of "Palestine" here:
Why post this now? Well, glad you asked! The point to garner from this factual history, and from what we see on NBC and the Clinton News Network, is exactly that: They don't make mistakes. They willingly distort, lie, fabricate, and straight out attempt to control and indoctrinate the American public to their socialistic worldview...T