Obama Says “Nevermind” Regarding “The Worst Economic Crisis Since The Great Depression”

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Remember these quotes from the messiah?

“Americans know that our economic recovery will take years — not months.”
– Jan 31.

“I will tell you in terms of what is alarming right now is how fast the economy has been deteriorating…It keeps me up at night and it gets me up.”
– Feb 3.

“If we do not move swiftly to sign the American Recovery and Reinvestment Act into law, an economy that is already in crisis will be faced with catastrophe.” –
Feb 5.

“If we drag our feet and fail to act, this crisis will turn into a catastrophe. We’ll continue to get devastating job reports like today’s month after month, year after year.”
– Feb 6.

“And our nation will sink into a crisis that at some point we may be unable to reverse.”
– Feb 9.

“…this is not your ordinary, run-of-the-mill recession. We are going through the worst economic crisis since the Great Depression.”
– Feb 9.

“My administration inherited a deficit of over $1 trillion, but because we also inherited the most profound economic emergency since the Great Depression…Those are deficits that could turn a crisis into a catastrophe.”
– Feb 9.

“And the fact of the matter is, is that we are in not just an ordinary recession.”
– Feb 10

“…the greatest economic crisis we’ve seen in decades.”
– Feb 20.

“We are in the worst financial crisis since the Great Depression…”
– Oct 7.

And just as many of us predicted, after he talked down the economy and told the world we are in another Great Depression which then allowed his Generational Theft Act to get pushed through Congress and Socialism to be enacted from coast to coast, he now says…..Hey! It’s really not all THAT bad ya know:

Confronting misgivings, even in his own party, President Barack Obama mounted a stout defense of his blueprint to overhaul the economy Thursday, declaring the national crisis is “not as bad as we think” and his plans will speed recovery.

~~~

“A smidgen of good news and suddenly everything is doing great. A little bit of bad news and ooohh , we’re down on the dumps,” Obama said. “And I am obviously an object of this constantly varying assessment. I am the object in chief of this varying assessment.”

“I don’t think things are ever as good as they say, or ever as bad as they say,” Obama added. “Things two years ago were not as good as we thought because there were a lot of underlying weaknesses in the economy. They’re not as bad as we think they are now.”

Oh, so the economy he inherited from President Bush really wasn’t all that bad?

Of course we can look forward to more of the same in the near future. I can see it now….”our healthcare system is on the brink of complete failure,” and “our energy future looks bleak,” which he will say over and over again, and his fawning fanclub….the MSM….will do its best to make it look as dire as possible until Obama’s socialised health care is pushed through and his global warming baloney is enacted.

Lorie Byrd:

The media that downplayed, and sometimes just completely ignored, good economic news during the Bush years, will do the opposite for the Obamessiah. I don’t know if Americans will fall for it or not. I don’t think the American people are that stupid, but I worry that they may be that uninformed and uninterested.

The Republicans who stood in unity and opposition to the Generational Theft Act of 2009 (aka Spendulus) are to be applauded. The three senators who drank the Obama Kool Aid can now officially be recognized as the suckers they are. And just think, the Obama administration did all this in less than two months in office and still had time to insult our closest ally.

He did much more then that in two months time. Don Surber on the 52 mistakes made by Obama in 52 days:

1. A do-over on the oath of office.
2. Tim Geithner.
3. Bill Richardson.
4. Tom Daschle.
5. Eric “Nation of Cowards” Holder.
6. Leon Panetta.
7. Arne “Cappuccino” Duncan.
8. Hilda Solis (OK, her husband has the tax liens).
9. Nancy Killefer.
10. Charles Freeman Jr.
11. Ron Kirk.
12. Adolfo Carrion.
13. Banning offshore oil again.
14. Letting Nancy Pelosi write the $787 billion “stimulus’ plan.
15. Relying on Tim Geithner to explain it.
16. It is a $13-a-week stimulus, or as his wife said of Bush’s plan: “You’re getting $600. What can you do with that? Not to be ungrateful or anything. But maybe it pays down a bill, but it doesn’t pay down every bill every month.”
17. Going to a press conference without a TelePrompTer. I… Uhh… Umm… Could you repeat the question?
18. Using a TelePrompTer at a press conference. Big boys don’t need training wheels.
19. “Good evening, everybody. Please be seated. Before I take your questions tonight, I’d like to speak briefly.” 1,228 words later he took his first question.
20. Going after Rush Limbaugh.
21. Going after Rick Santelli.
22. Going after Jim Cramer.
23. “Never waste a good crisis.”
24. Obama supporter Warren Buffett: “I don’t think anybody on December 7th would have said a ‘war is a terrible thing to waste, and therefore we’re going to try and ram through a whole bunch of things and — but we expect to — expect the other party to unite behind us on the — on the big problem.’ It’s just a mistake, I think.”
25. Writing a love letter to Vlad and Dmitry.
26. Putting Poland under the bus.
27. Putting Tibet under the bus.
28. Putting Israel under the bus.
29. Taking Cuba out from under the bus.
30. Having his tax cheat go after the tax cheats in Switzerland. Cognitive dissonance.
31. “Karzai has a bunker mentality.”
32. Iran has plans to Marine One helicopters.
33. “I won.”
34. BlackBerry singing in the middle of the night/ Take these golden secrets and learn to fly…
35. Obama: “If Congress passes our plan, this company will be able to rehire some of the folks who were just laid off.” CEO: No. There will be more layoffs.
36. DVDs to Gordon Brown.
37. “You can’t take a trip to Las Vegas or go down to the Super Bowl on the taxpayers’ dime.” Vegas convention bookings nosedive.
38. Wagyu.
39. Reset/overcharge button given to Russia.
40. Taking a 4-day holiday weekend before signing “emergency” legislation.
41. “I did think it might be useful to point out that it wasn’t under me that we started buying a bunch of shares of banks. It wasn’t on my watch. And it wasn’t on my watch that we passed a massive new entitlement — the prescription drug plan — without a source of funding. And so I think it’s important just to note when you start hearing folks throw these words around that we’ve actually been operating in a way that has been entirely consistent with free-market principles and that some of the same folks who are throwing the word ’socialist’ around can’t say the same.”
42. Stiffing Chicago for nearly $2 million for that Election Night par-tay.
43. Caroline Kennedy.
44. Bombing Pakistan.
45. Sending the bust of Sir Winston Churchill back to the British.
46. Saying: “President Obama has accomplished more in 30 days than any president in modern history.”
47. A window is not a door.
48. Doctors must perform abortions.
49. Signing earmarks while denouncing them.
50. Adding signing statements while denouncing them.
51. Quadrupling the deficits, while denouncing them.
52. Missing the Gridiron Club dinner.

Just think how much more we got to look forward to?

Shudder

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Remember these quotes from the messiah?

Don’t you know? They were “just words”, Curt…. 😉

In addition to Obamabashing, it might be productive to have a reasoned debate, among yourselves, on the future of the GOP:

e.g.

http://www.newsweek.com/id/188279

Every day, Rush Limbaugh reassures millions of core Republican voters that no change is needed: if people don’t appreciate what we are saying, then say it louder. Isn’t that what happened in 1994? Certainly this is a good approach for Rush himself. He claims 20 million listeners per week, and that suffices to make him a very wealthy man. And if another 100 million people cannot stand him, what does he care? What can they do to him other than … not listen? It’s not as if they can vote against him.

But they can vote against Republican candidates for Congress. They can vote against Republican nominees for president. And if we allow ourselves to be overidentified with somebody who earns his fortune by giving offense, they will vote against us. Two months into 2009, President Obama and the Democratic Congress have already enacted into law the most ambitious liberal program since the mid-1960s. More, much more is to come. Through this burst of activism, the Republican Party has been flat on its back.

Even now, all of you miss the point of what Obama is in the process of achieving. I’ve given this a lot of thought, and I’d like to provide my take on it, over the weekend.

This is a very bold and even grand gamble, which will determine the political future of the USA for a generation. It’s very simple: Obama is gambling that he’ll succeed and the GOP is gambling that he’ll fail. It’s not like the Iraq War, where President Bush got the Democrats to agree to the Iraq invasion. In the Economic War of 2009, the battle lines are stark. Obama and the Democrats are knowingly and willingly taking ownership of the economy. Obama has even said that if he fails, America will elect a different President in 2012. Everyone in the GOP universe (including on this blog) are coming out in rabid opposition and in almost gleeful predictions of Obama failure. If Obama does fail, it is the ticket out of the political wilderness for the GOP. It is a new lease on life. But if he succeeds, the GOP will be dead for a generation.

Obama is trying to end the recession, pay for more universal health coverage with higher taxes, including energy taxes, rebuild infrastructure, transition to green energy, and reform education. He could have played it safe. He’s not. And he’s not stupid. He thinks that he can win and he thinks that he will win and he’s gotten the entire GOP universe out there, on record as being against everything he’s trying to do. If he goes down, the GOP goes up. But if he doesn’t go down, the GOP stays down for a very long time.

It will be an interesting 3 3/4 years.

Macroeconomic analysis to follow.

– Larry Weisenthal/Huntington Beach, CA

Curt: The recession President Bush inherited as he entered office ran through the attacks of September 11, 2001, but during the recovery that followed, and due in no small part to the tax relief President Bush worked with Congress to provide, this country experienced its longest run of uninterrupted job growth – 52 straight months, with 8.3 million jobs created.

Curt… don’t you realize “that” economy was fueled by massive deficits (national debt went up $5 Trillion), massive consumer credit card increases, massive (re)financing in housing. ALL funny money.

It was as if Madoff was running the economy.

The economy under President Bush was a big fat ponzi scheme!

In response to Curt’s post (#3) the Bush 43 economic gains were illusory and even contributed to the current financial disaster.

Bush financed his stimulus package (massive tax cuts, largely for the rich, at the same time military expenditures were being expanded) through generational theft, borrowing money from the People’s Republic of China which will have to be repaid by tomorrow’s generations. The fact that tax receipts increased is also smoke and mirrors. If I borrowed massively and started spending the money in local malls, then local sales tax receipts would increase also, but what counts is the ratio of debt to GDP, and this increased massively in the period where the country was borrowing the money to pay for Bush’s stimulus package.

The borrowed Bush money didn’t go into investments in infrastructure, or education, or energy independence, or health care (save for the prescription drug change in Medicare law). It didn’t go into much of anything, save for an ultimately disastrous war and putting money into the pockets of the super rich. The super rich didn’t use the money to build factories or start new industries or even hire more salesmen. It went into “investments” — with an overvalued stock market, a lot of it went into real estate and into real estate-backed securities and into credit default swaps. Also contributing to the capital glut was the Fed policy of pushing down interest rates to artificially low levels, in a desperate attempt to fuel enough economic expansion to pay for the tax cuts.

Tax receipts always track with GDP. During recessions (and there will always be recessions as there will always be business cycles), the GDP contracts, tax receipts flatten and even fall. During recoveries, which always happen, “stimulus” or not, GDP rises and tax receipts rise also. But, in the Bush Presidency, tax receipts did not rise sufficiently to pay for the massive increases in borrowing, and so the debt to GDP ratio rose, just as it had during the Reagan administration, which also believed in the now discredited economic concept that tax cuts, unaccompanied by spending cuts, spur sufficient economic growth to pay for the tax cuts.

I’ll discuss Obamanomics over the weekend.

– Larry Weisenthal/Huntington Beach, CA

How much has the national debt changed since January 20, 2009?

What is the projection for the national debt as of 2010?

Here we have blast engaging in BDS yet again. Forget that the dems
are mostly to blame for the current economy, blast just can’t control
his hatred of Bush.

And larry, your claim that the tax cuts are a major contributor to
the current economy has been disproven by several here.
This isn’t DKOS, DUNG or HUFFPO. Saying a lie over and over doesn’t
make it true.

First, since Obama became President, the world economy has lost over $10 trillion dollars and the U.S. economy has lost $3 trillion. No Bush here. Just Obama.

Next, since the economy is fine now, I guess we don’t need all this spending. So, REPEAL IT!

I know, don’t hold your breath, alas these are “just words…”

http://franklinslocke.blogspot.com/

@blast:

…due to the housing collapse, A WHOLLY OWNED DEMOCRAP SUBSIDIARY!

Obama Poll Numbers Are Falling Fast

____________________________________________________

Yeah, we’ve got your hope and change right here…
http://gatewaypundit.blogspot.com/2009/03/obamas-approval-rating-starting-to.html

** The Obama stock market had its worst January in 113 years.
** The stock market had its worst February since 1933.
** The Dow has dropped faster under Obama than any other new president in 90 years.
** Actually, the stock market has turned in its worst performance ever for a new president under Barack Obama.

You beat me to it Yon.

I was about to post the same exact thing.

Great Minds, and all that, eh?

Gotta go. Have a terrific week end, all.

So many comments to make, so I think I’ll go more or less chronologically.

Reagan’s trickle-down theory was just as wrong as Keynes’ massive gov’t spending was ultimately shown to be a failure in the long run. Both theories were overly simplified, and failed to account for important factors, such as large scale inefficiencies and corruption that cause irreparable damage if not caught and countered. Reagan was not able to cut unnecessary gov’t programs largely because democrats in Congress reneged on promises to put such cuts into legislature.

(Nobody mentioned Clinton or Carter in this thread, but unintended consequences of Carter’s CRA and Clinton’s revocation of Glass-Steagall contributed considerably to the current crises).

Bush I’s “War on Terror” was a mistake, not the least due to an unattainable goal. Bush II’s continuation of the war, his perceived need to democratize Iraq, fight nonexistent WMDs, and massive borrowing while on a spending spree created the illusion of wealth. NAFTA and other “free trade” agreements caused America to lose vast amounts of progress-sustaining manufacturing jobs. The resulting massive trade deficit destabilizes currency and compounds the problems of excessive lending..

Over the decades, the too-cozy arrangement between government (Democrats *and* Republicans) and industry/banking special interest groups ensured corruption and the transfer of wealth and power to the ruling elite. It is no wonder that the electorate was so taken in by O’s hope and change rhetoric, despite his relative lack of accomplishments.

Now Obama is spending like a mad man, knowing full well that the Democratic Party stands to get a major black eye if he fails. Obama believes the economy is basically strong enough to withstand the stresses of his massive spending, but he also knows that if he fails, his replacement will have a hell of a time undoing much of the expanded social programs. And if his replacement is somehow successful, Americans have lousy memories; a few years after his replacement succeeds, the Democrats can once again wage class warfare, and convince the poor that their problems are due to the opposition’s cuts in social programs.

The cycle keeps continuing unless we can break out of the two-party system.

Jeff V

Firstly, a self-serving plug. Having learned a bit about blogsmanship from Curt and co-editors here, I started my own (mostly non-political) blog: http://CancerTest.org THANKS SO MUCH to the FA crew for being patient with me and for teaching me so much about the caring and feeding of a blog.

Second, I’d like to explain (not necessarily defend, but just explain) Obamanomics. I discussed above (#4 and #6) how I think that Obama has intentionally drawn a very bright line and forced the entire GOP universe to the opposite side of the line on which he (and most of the Democrats) are standing. I can’t think of a more dramatic gamble in the history of American politics, save, perhaps, for the South withdrawing from the Union, to start the Civil War.

Basically, Obama says that he can pull the country out of the recession, enact health care reform, enact education reform, enact energy reform, and rebuild infrastructure without bankrupting the country, and the GOP says that he can’t. Obama is laying it all out on the line; he admits that if he doesn’t succeed, he won’t get re-elected. The GOP is being very bold, as well. They are clearly on record as being opposed to virtually everything which Obama is setting out to do.

What’s Obama’s rationale?

It’s best explained by the most important metric in national macroeconomics: the debt to GDP ratio.

http://blogs.usask.ca/the_bolt/images/usa_debt_versus_gdp.gif

After WWII, the debt:gdp ratio was over 0.9. It steadily fell to 0.33 by the end of the Carter era, rose precipitously to 0.65 under Reagan/Bush 41, fell to 0.55 under Clinton, rose again to above 0.65 under Bush 43.

What ended the Great Depression was a massive government stimulus program known as WWII. The USA borrowed massively (“war bonds”). But, post war, in an era where the marginal income tax rate was a monstrous 90% (under Eisenhower), the USA precipitously paid down this debt (as a fraction of the growing economy). Even during the Johnson era (Great Society and Vietnam War) the Debt/GDP ratio continued to fall precipitously, because Johnson was a true “tax and spend” Democrat. Only when Reagan instituted his “voodoo economics,” of tax cuts, combined with spending increases, did the Debt/GDP ratio climb skyward, once again.

For those of you who believed that the Soviet Union collapsed because of being scared to death by Reagan’s massive arms build up, I suppose that you could say that what Reagan did was more than a “stimulus” — it was an investment. I don’t share that view, but I won’t argue it at this point. It would be a distraction. So let’s just say that, for the sake of argument, Reagan’s “stimulus package” worked. It killed off the Soviet Union and helped the US emerge more rapidly from the recession of the early 80s. But the cost was a doubling of the debt/GDP ratio.

Now, let’s skip over the Clinton and Bush years. They would be more of a distraction.

Where are we now?

Well, we are in the most severe recession since the Great Depression. For those who feel that Keynesian economics doesn’t work, I think that World War II disproves that. The New Deal hurt as much as helped, because of the disastrous National Recovery Act, which is something we’ll never repeat. But that didn’t have anything to do with government spending, per se.

So Obama wants to spend money to stimulate the economy out of a recession. Won’t take as much spending and borrowing as it took to end the Great Depression (with World War II), because things aren’t nearly as bad now.

But he wants to do the other things, as well. Things which aren’t at all “socialist” (and those of you who think that his health care plan will lead to “socialized medicine” are simply wrong, as you’ll see. We can discuss the health care plans (and health care bill) on future threads). So reforming health care is an investment (which will also help make American business more globally competitive). Green energy is an investment. Education reform is an investment. And infrastructure is surely an investment. All of these have been put off for way too long.

Past energy policy has been a failure. Past education policy has been a failure. Infrastructure neglect has been very harmful. The health care system is broken. And we are in a major recession.

So what is Obama doing? He’s declaring economic war and he’s willing to see debt/GDP go up above 0.7, if need be. Once he’s won the war, the nation will pay down the debt/GDP ratio, just as it did following WWII, and today’s children who will pay it down will at least be the beneficiaries of better education, better energy, better health care, better infrastructure.

That’s Obama’s thinking and that’s his gamble. If he succeeds, he’ll get his face on future currency and the GOP will be wandering in the electoral desert for decades. If he fails, the GOP will be standing tall.

And we’ll all get to see what actually happens, as opposed to arguing about what will happen, as we do in the case of climate change.

– Larry Weisenthal/Huntington Beach, CA

Well considering the Obama commemorative coin was nothing more than a coin with a sticker I think we have our answer as to how successful he will be with future currency.

Source:http://sweetness-light.com/archive/obama-coins-turn-out-to-be-fakes

I love this thread.
Curious, after 2 years of campaigning that he had a plan, after 3 months of preparing to implement the plan, and after 2 months of spending $500BILLION a week….what IS that banking plan?

Larry,

You’ve obviously spent a considerable amount of time and/or brain power concerning Obama and his plan. I agree with most of your conclusions, but I’d like to debate a few fine points:

1) Keynesianism as a stimulus policy can work well, but as a long-term policy it lacks equilibrium for societies unable or unwilling to pay down debt. Actually, that’s an oversimplification; debt is not the problem per se, but the psycho-social penalty of staying “in hock” is what ultimately leads to its demise. Society sees debt as more than a financial burden. The fear of defaulting on a debt or not being able to service the debt adequately leads to paralysis. A nation/society without significant debt feels freer to take risks and to form bold new ideas for the future. The key to success in a Keynesian economy is the formation of export industry that competes internationally and has the elimination of Keynesianism as a clear, attainable goal. This is why a large nation cannot exist under a service economy; not enough real wealth is generated to pay off the Keynesian debt while imports greatly exceed exports.

2) We haven’t come close to paying off our WWII Keynesian debt. The New Deal Economy gains are illusory until that debt is paid, and we will not pay the debt off until we rebuild our manufacturing base (by renegotiating free trade agreements) or print funny money and force our creditors to “take it or leave it”. The ultimate indicator of debt/GDP turns us into indentured servants if we keep expanding debt without a serous committment to increasing GDP and minimizing our trade deficit. No matter how the economy goes, corruption and weath-grabbing will be the greatest impediment to growth and empowerment of the lower and middle classes The fight is going to be very nasty and difficult, but it must be fought if we ever wish to free ourselves from the rule of special interests over human liberties.

3) Obama and the Democratic Party have been successful at diverting attention through pitting far-right factions of the Republican party against more moderate conservatives, and the media have largely been complicit in the process. Obama’s stumbling gets very little attention, whereas the right wing politicians get laughed at and even scorned by the media at every opportunity (e.g., Bush II, and esp. Gerald Ford).

All in all, I think we agree as to Obama’s intentions. He’s definitely being bold, and for the sake of this country I hope he is not an abject failure.

One thing we certainly agree on: it will be an interesting 3-3/4 years.

Jeff V

What’s to gamble Larry when you can transform America in the first 100 days? Re-election to Obama is probably the last thing on his agenda. In fact, I wouldn’t doubt that it’s calculated that way, “get in, go faaaaaar left ASAP, get out; mission accomplished.” Subsequently, Obama’s a filthy rich, highly-sought after over paid speaker living on his own island drinking umbrella drinks and shooting hoops.

Besides, much of his damage won’t even be noticable until the next 5 years, so he’d actually be smart not to be around longer than necessary.

Actually, I do wish more politicians would take the “one term approach”, albeit in the “other direction.”

@openid.aol.com said: “Basically, Obama says that he can pull the country out of the recession, enact health care reform, enact education reform, enact energy reform, and rebuild infrastructure without bankrupting the country, and the GOP says that he can’t.”

Hmmmm… Larry I have a question: Is it just the GOP that says he can’t do it all?

You might want to take a glance at my latest post on the subject.

Instead of blaming the GOP for being obstructionists you might need to consider that even Obama’s own supporters in the business and “news” media think his strategy is wrong.

I guess you are having a hard time kicking the hopey-changey Kool Aid habit.

Mike, Your points are well taken. I wasn’t stating that the only people objecting to Obamanomics (which is really also Summeronomics) were Republicans. Economically speaking, I’ve explained, many times, the way that I’d have done it, which is the polar opposite from the way Obama and Summers are doing it. I’m simply pointing out the obvious, however, and that’s that Obama has painted a bright line on the floor and he’s managed to get himself and most of the Democrats on one side and virtually all of the Republicans (with some exceptions, such as the GOP governors of Utah and Florida) on the other side. And Obama has made his goals crystal clear. He is playing for the highest political stakes of my lifetime, which you Floppy Aces people should at least acknowledge. It’s like the World Series of Poker, and he’s aiming to bust the GOP, or go bust himself.

I utterly disagree with the sentiments expressed by PDill (#18). Obama knows that, if he fails, he’ll set back the goal of full African-American integration into the highest levels of government and business for a generation. There is nothing in his career which indicates that he has had personal riches as a life’s goal. He could have made a fortune, taking a job with a major law firm coming out of Harvard. Instead, he went back the South Side of Chicago and worked as a community organizer. To say that he doesn’t care about his political legacy and that he’s willing to give birth to a catastrophe and then be content getting out of town and getting rich is entirely without foundation, regarding what he’s done with his carefully-planned life to this point.

– Larry Weisenthal/Huntington Beach, CA

To Curt

Re #1 To be fair, the need for an oath of office “Do over” was not Obama’s fault.

Re #2. Let’s not forget that Bill Richards was not vetted by the Democrats party before or during the primaries. Granted all the problem’s with Obama’s other Nominees, the Dems only want to talk about vetting if Sara Palin’s name is included.

# 23. If this is going to be the modus operandus during his whole term, American’s and our Constitution are in a world of hurt. God knows what they and the MSM are going to try to sneak past us.

# 25 was that Vlad Putin or Vlad the Impaler?

# 30 Pure foolishness on the Obama Administration. What the hell did they think the Swiss Bankers would do? Roll over because Obama’s has people fawning over him? They’ve been in the business for over 300 years and don’t give a damn what a fledgling politician like Obama has to say about it. Arrogance and stupidity are poor bedfellows.

# 37 The Las Vegas economy took a hard hit and has been was down ever since 9/11. There was a slight rise in the middle of Bush’s presidency, (mostly on the back of a housing boom during this last decade as people poured in from California and other states,) but the Casino/Entertainment business started dipping down again soon after. Now the houses are over priced, foreclosures are rampant, and the water supply is dwindling. While Obama’s statement doesn’t help, It isn’t really fair to blame it on him.

# 38 Shades of Marie Antoinette.

* …43, …47, 49….. Hypocrisy is S.O.P with many Democrats

@openid.aol.com:

Just a couple of points.

Green energy is an investment.
…and a bad one. There is no “Green energy,” except perhaps for solar in the west where the sun shines all day every day. Starving ourselves for energy by restricting what we have now is no way to develop what we don’t have, especially when we need energy to explore for whatever might be there.

Education reform is an investment.
…and more of the same Leftist policies that screwed up education in the first place will accelerate the deterioration. Paying teachers more, and neglecting what students learn, is not gonna help.

And infrastructure is surely an investment.
…or so it might seem, but everywhere I’ve been, I haven’t seen any gross neglect that needs attention. Perhaps there is, but I would like to see the documentation.

All of these have been put off for way too long.
…and better to put off a little longer till someone who knows what they are doing is in charge.

Past energy policy has been a failure.
…and it is/was one designed by, and in keeping with the current Democrat agenda.

Past education policy has been a failure.
…as will the “change” we will see approved by those who gave us the past failure.

Infrastructure neglect has been very harmful.
…and again I would like to see the evidence, as it’s not obvious to me anywhere I’ve been that this is the case. It could be, but I haven’t seen it.

The health care system is broken.
…because of skyrocketing costs due in large part to the FOR PROFIT insurance middlemen and outlandish malpractice insurance rates caused by frivolous law suits and exorbitant cash settlements, things the Dems either won’t change, or will make worse.

And we are in a major recession.
…caused by Democrat policies which they now want to scale up.

Sorry, Larry, but your thesis just doesn’t hold water.

WANT TO KNOW WHERE O’BUNKO WANTS TO TAKE AMERICA?
Check it out…
http://drsanity.blogspot.com/2009/03/post-apocalyptic-detroit-progressivism.html
“O is for Oz. Do you want to visit the wonderful far-off Land of Oz where the wizard lives and scarecrows can dance and the road is made of yellow bricks and everything is emerald green? Well, you can’t because there is no Land of Oz and there is to tin woodsman and THERE IS NO SANTA CLAUS! Maybe someday you can go to Detroit. “ — Shel Silverstein

also see…
http://directorblue.blogspot.com/2008/07/photo-gallery-results-of-obamas.html
http://directorblue.blogspot.com/2008/07/let-me-put-it-in-pictures-for-our.html
“Now extend that kind of failure to the entire United States.”

@yonason:

Education reform is an investment.
…and more of the same Leftist policies that screwed up education in the first place will accelerate the deterioration. Paying teachers more, and neglecting what students learn, is not gonna help.

I’d like to know from Larry how implementing universal pre-K is considered “reform we can believe in”. How is fingerpainting and what amounts to universal daycare for other people’s children “an investment” we can or should afford?

From a Stossel special last Friday night:

THIRD PARENT: Why are we going to let the system that’s already failed our children, educationally in this country, K through 12, why are we going to let them start with our 4-year-olds?
STOSSEL: Good question.Tuesday, even the President admitted-
PRESIDENT OBAMA: We let our grades slip, our schools crumble, our teacher quality fall short, and other nations outpace us.
LEVY: Government is providing K through 12 education. And unfortunately, we are in the toilet.
STOSSEL: That’s point two. Government-run education isn’t doing very well.
LEVY: To say that they are the ones to define what quality is laughable. [Clip of Levy with kids on playground] What are you having for lunch?
STOSSEL: Nia Levy’s not only a parent. She runs six preschools. [to Levy] I’m surprised you’re against this. You would make money on this. Free government money.
LEVY: I don’t want to have to answer to the government. Our programs are so far superior, that it isn’t even funny. Now, with the economy, being what it is, you’re telling me that we’re going to devote billions of dollars that we don’t have? It’s a waste of money.
CUOMO: A lot of passion there.
STOSSEL: I agree with her. It’s a waste of money and a government conceit that they can parent better than we can.
CUOMO: So, it comes down to how do you spend that money best, to help the kids, give them the best head start?
STOSSEL: Right.

@Wordsmith:

RIGHT! …and pretty much the same with all the others. Just listing problems doesn’t solve them, especially when nothing different from what caused the problems in the first place is being done. On the bright side, we can still sort of recognize what some of the problems are. When we can’t, we’ll know we are in trouble. (like thinking coal, oil and gas are bad, and fantasy green is good, for example).

John Stossel is great!

I have no doubt that the Teacher’s Union is involved in this. (I wouldn’t be surprised if some of the far-left issues indoctrination program lovers also have something to do with this. The earlier you can fill minds with propaganda, the less likely they will question it.) Many states have enough budgetary problems paying for what teachers they have, without having to start additional even lower education level programs.

Sure some parents want to shirk responsibility over bringing up their children, and utilize the “free daycare” that lower education provides, but that doesn’t mean all parents do. Why can’t we let the kids enjoy a little bit of childhood and bonding years with parents before shoving them into the damn education mills? At what point does the government make themselves the Supreme Guardian over raising Children, and take the responsibility and right to raise your children totally away from you?

Why can’t we let the kids enjoy a little bit of childhood and bonding years with parents before shoving them into the damn education mills? At what point does the government make themselves the Supreme Guardian over raising Children, and take the responsibility and right to raise your children totally away from you?

Great post Ditto. The answer is…..whenever we completely destroy the family, the basic unit of civilization.

That’s the real agenda behind “feminism” (which is why Sarah Palin, a REAL feminist, was such a threat and HAD to be destroyed). You can be pretty much be assured that most of the “left” agendas, from “political correctness” , day care, “education”, religious intolerance, to gay rights including gay marriage, are all intended to weaken and eventually destroy the family. When the family goes, so does civilized society.

Yonoson (#22), also makes excellent points.

As for you Larry:

I utterly disagree with the sentiments expressed by PDill (#18). Obama knows that, if he fails, he’ll set back the goal of full African-American integration into the highest levels of government and business for a generation. There is nothing in his career which indicates that he has had personal riches as a life’s goal. He could have made a fortune, taking a job with a major law firm coming out of Harvard. Instead, he went back the South Side of Chicago and worked as a community organizer. To say that he doesn’t care about his political legacy and that he’s willing to give birth to a catastrophe and then be content getting out of town and getting rich is entirely without foundation, regarding what he’s done with his carefully-planned life to this point

I will only “slightly” concede that my intention wasn’t to imply that Obama went into to politics to “get rich” only that he has already accomplished it as well as the means to stay rich. Remember, he didn’t go to Harvard Law until AFTER he was a “community organizer”, the crux of his education. We can all guess how he got in and who paid for it, admitting that only a few will ever know the real story behind it. If he did get in by his own means, there is certainly little to show for it.

I will agree that he’s had a more than “carefully-planned” life, right up to Michelle’s $317,000 job that created the patient- dumpingUrban Health Initiative.

Meanwhile, the program’s parents, Michelle Obama and David Axelrod, have moved to Washington. As the First Lady and the President’s closest advisor, they wield enormous power. Indeed, they may be the most powerful people in the Obama Administration, aside from the President himself. If these two characters were willing to betray their Chicago neighbors — the South Side’s most vulnerable citizens — with a disgraceful program like the Urban Health Initiative, what sort of mischief will they devise for the hapless denizens of flyover country?

On the other hand, if you are trying to convince me that anything Obama did in the South Side of Chicago was altruistic, I’m all ears. I see nothing but prep for the ultimate power grab. As for his political legacy, I suspect you still cannot see through his narcissism. Perhaps this will be of help.

Many politicians are egomaniacs from Nixon to Clinton. Samuel Vaknin, Ph.D., and a known expert on pathology and narcissism writes:

“David Koresh, Charles Manson, Joseph Koni, Shoko Asahara, Stalin, Saddam, Mao, Kim Jong Ill and Adolph Hitler; They created a personality cult around themselves and with their blazing speeches elevated their admirers, filled their hearts with enthusiasm and instilled in their minds a new zest for life. They gave them hope! They promised them the moon, but alas, invariably they brought them to their doom. When you are a victim of a cult of personality, you don’t know it until it is too late.”

As for the African-American legacy in government, if or until, you understand that someone with the narcissism of Obama couldn’t possibly care about such things, you will, I suspect, continue to believe what the rest of us would love to believe albeit are contridicted by his actions.

When Obama speaks out against black genocide in and or strongly supports school vouchers for inner city kids, then maybe I will begin to believe that he has even the least amount of interest in the enhancement of his own race.

@pdill:

“We can all guess how he got in and who paid for it [O’Bunko’s Harvard degree]”

I assume you refer to this?
http://israelmatzav.blogspot.com/2008/08/obamas-saudi-connection.html
http://www.freerepublic.com/focus/f-bloggers/2113237/posts

The Saudis own him.

BOTTOM LINE, OBAMA IS EVIL

Michael Savage Discusses Obama’s Appointment of Van Jones