But he won’t tell you about his own complicity in causing the Great Recession or how his reckless policies could yet bring about a real depression. Oh, and he owes Bill Clinton an apology.
If the Obama administration has its way, the “Great Recession” of our own time, like the Great Depression of three quarters of century ago, will be fondly and forever enshrouded in the clouds of politically inspired myth. The administration wants everyone to believe the myth of the averted depression, which is like the jobs saved part of its risible “jobs created or saved” metric, only larger and more breathtaking.
Even though things are bad today, President Obama and key members of his economic team repeatedly suggest that we should be thankful they are not a hundred times worse. No doubt we will hear this again tonight, when the president gives his state-of-the-union address. We will hear how the administration has performed a Herculean feat in pulling the country out of the downward spiral into another great depression.
In one of his 12 labors, Hercules diverted an entire river to cleanse the Augean stables. In the updated version of this ancient myth, Mr. Obama talks about the huge “mess” that he confronted upon coming to office. In his telling, this “mess” was years in the making — the result of a long period of unrestrained “greed and irresponsibility,” caused by excessive deregulation and a mean and uncaring reliance on “trickle-down economics.”
Over the last two years, Mr. Obama has never ceased inveighing against George W. Bush and — still more — against the ghost of Ronald Reagan, the biggest champion in recent time of anti-interventionist, free-market capitalism. Of course, the late president was also the sworn enemy of tax-and-spend big government.
Of Mr. Obama’s two great adversaries, Reagan is clearly the more potent, if less often cited. Reagan was an undeniably popular president upon leaving office, with strongly expressed ideas that influenced people of both parties and that continue to resonate in our own time. If Obamanomics is the antidote to Reaganomics, it is the antidote to a set of ideas and policies that led the country out of a long period of stagflation (under the Nixon, Ford and Carter presidencies) and into a new era of accelerated business creation, productivity and growth.
During his presidential campaign, Mr. Obama regularly denounced the repeal of the Glass-Steagall Act that separated commercial and investment banking. The repeal of this relic of Depression-era law-making was, he has insisted, one of the critical “deregulatory steps that helped cause this mess.”
The bill in question won broad support from both parties. It passed the Senate on a 90-8 vote, with the enthusiastic endorsement of ultra liberals like Chuck Schumer, the Democratic senator from New York, and was signed into law by then President Bill Clinton in 1999. During the heady days of the dot.com boom, Democrats as well as Republicans were affected by what the current administration might primly describe as an excess of Reagan-like deregulatory zeal.
Clearly annoyed by candidate Obama’s criticism of this piece of legislation, Mr. Clinton spoke out in its defense just a few weeks before the November 2008 election — when the country was in the full throes of the financial panic. He told BusinessWeek: “We still have heavy regulations and insurance on bank deposits, requirements on banks for capital and for disclosure.” He pointed out that big financial institutions in Europe have long been doing both commercial and investment banking. Finally, and most tellingly, he drew attention to the bill’s relevance to headline-making events of the day, saying: “I don’t see that signing that bill had anything to do with the current crisis. Indeed, one of the things that has helped stabilize (emphasis added) the current situation as much as it has is the purchase of Merrill Lynch by Bank of America, which was much smoother than it would have been if I hadn’t signed that bill.”
It is difficult to disprove a negative supposition (e.g. things are bad today, but think how more terrible they might be if the president hadn’t done this or that). There are, however, good reasons for doubting the notion that the Obama administration deserves credit for averting a second great depression.
First, it is simply a fact that most of the critical steps that were taken to stabilize the financial system predated the Obama presidency. That includes the passage of the Troubled Asset Relief Program (TARP) and government-encouraged consolidation within the financial sector that eliminated free-standing investment banks. These events happened during Mr. Bush’s term of office. For better or worse, Mr. Obama thought well enough of the Bush administration’s handling of the crisis to retain Ben Bernanke as chairman of the Federal Reserve and to move Tim Geithner, who had been in the thick of Bush’s crisis management team as head of the New York Fed, to the position of Treasury Secretary.
Second, no one — not even such left-leaning economists as Paul Krugman or Joseph Stiglitz — is hailing the administration’s $787 billion stimulus package as a landmark success. It was sold on the basis of being a desperately needed emergency measure that would keep unemployment from rising above 8 percent. That was a line in the sand that did not hold. Instead, unemployment moved to 10 percent, where it remains today.
Third, and finally, it is difficult to believe that this administration could have stumbled across a cure to the dread disease of another great depression when its diagnosis of various elements leading to the financial meltdown of 2008 is so clearly faulty. It critically overlooks government’s role in causing the crisis. As Roger Parloff wrote in Fortune magazine last January, “The fact that lenders were hawking outlandishly risky mortgages to people who were terrible credit risks was, in fact, no secret: It was bipartisan national policy.”
Prominent Democrats including Barney Frank, Christopher Dodd and Mr. Obama himself played a large and even dominant part in forging this bipartisan debacle through their support for the unregulated expansion of Fannie and Freddie, the government sponsored entities that underwrote or guaranteed hundreds of billions of dollars of suspect mortgages, and the promotion of ACORN, the community action association that brought pressure to bear on many banks to lower lending standards and grant mortgages to people who failed to pay them back. Having done so much to cause the problem through its actions earlier this decade, this same Democratic Party claque has gone out of its way to prevent a market-clearing solution by pushing mortgage foreclosure mitigation programs that keep home prices from finding a bottom.
This is a president — we will hear tonight — who is not afraid to “stand up to” the lobbyists and special interests. Yeah, yeah. Just don’t look for this president to mention that he himself has been one of the leading recipients of Fannie Mae and Freddie Mac campaign contributions. Don’t look for him to talk about his close ties to Franklin Raines, the former CEO of Fannie Mae who pulled down tens of millions of dollars in compensation and bonuses before being ousted in a $6.3 billion accounting scandal, and who went to become one of Mr. Obama’s top advisers in the presidential race. Don’t expect him to talk a whole lot about how, as a U.S. senator, he teamed up with Barney Frank in successfully opposing Bush reforms to clean up the two government-sponsored entities.
And he probably won’t bother to spend much time either on matters of current concern in this same area, such as why the government decided recently to cover an unlimited amount of losses at the mortgage-finance giants, or why the government has seen fit to give its blessing to multi-million pay packages for the CEOs of Fannie and Freddie. Funny that this should happen even as the president was going around the country screaming bloody murder about the big bonuses about to be handed out to “fat cat” bankers in the private sector.
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It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?
Appleby| 1.27.10 @ 7:05AM
Do not look for me in the audience of this rehash of Sophmore Sophistry. I heard it all in 1968. It was rubbish then and the past year has proved even to Generation Whine that it is rubbish now.
Ken (Old Texican)| 1.27.10 @ 10:11AM
I'm with you Appleby.
I will let the less fortunate, (like columnists here...heh.), listen to the lying communist, (pardon the shorthand), whip out his teleprompter.
(Lord, just one tiny intervention, please. Let the teleprompter go on the blink...if it be thy will.)
megapotamus | 1.27.10 @ 10:36AM
Actually I have more interest in this address than just about any Presidential speech for years and that is as someone who has followed politics pretty closely for decades because I just can't even postulate what they might say, and I invoke "they" because Obama is really just the audio circuit for a teleprompter. The declared but undemonstrated genius of Axelrod, Emanuel and Ploufe is awaited by a somber nation.
Franklin| 1.27.10 @ 12:08PM
I also want to watch tonight. Sort of like watching a train wreck.
I'm interested to see if anyone can control their disgust, or if they will just have to get up and leave instead of yelling "You lie!"
JimH| 1.27.10 @ 2:25PM
I would be nice to recreate the scene in Blazing Saddles where the townsfolk in response to some pious blathering by the preacher in unison respond Bulls**t
Warmmom| 1.27.10 @ 9:49PM
Touche!
The Bishop| 1.27.10 @ 12:25PM
Amen!
freedomrider | 1.27.10 @ 8:47PM
It is beyond hypocrisy and I refuse to be lied to any
longer! The insanity that exists and flourishes in Washington D.C. is better suited for Saturday Night Live parodies;Except that they are still courting the infamous BO.
It is incredible to realize the amount of brainwashing and indoctrination that has gone into poising this empty suit for his position of psuedo-greatness! History will, if it isn't rewritten by the Progressives who know better what people should know versus what is true!
It really is high time we the people engage our brains in the art form of ,get this now, "thinking".
If we don't get it this time , there will be no hope or change, but rather we will experience paralyzing ropes & chains! Capitalism, not Communism is the tested economic system that works. Bring it back and get the government's big nose and excessive compulsive behaviorists out of the way of the free enterprise system. The insanity of continuing to accept these deceptions and manipulative pronouncements of imagined "truths" must be put to rest once and for all.
ENOUGH- Take back this country now!
Nov.2nd is Judgment Day: OUST the INCUMBENT - every last one of them and send their staff & lobbyists packing with them. If government slowed down and had to be rebooted would we be any worse off.
Of course not; we would have more money in our pockets and the hope of real change. This is our responsibility: recalls & impeachments are in order as well.
That is what our United States Constitution affords us- Thank God! Restore the Law of the Land and forgive our transgressions.
How dare us take this wonderful liberty for granted.
BETTER DEAD THAN RED!
Alan Brooks| 1.27.10 @ 5:37PM
You guys are starting to realize Clinton was Reagan's heir, not either Bush.
Time to stop the stained-dress Monicagate babytalk. I like it when rightwingers save the babytalk for their children & grandchildren.
Alan Brooks| 1.27.10 @ 5:44PM
... PS,
that is not-- I hasten to add-- to say morality is dead-- but it is pretty close to dead.
stmichrick| 1.27.10 @ 7:28PM
Clinton was for whatever brought mass approval to Clinton.
Nice to hear from lefties, like Alan, with standards.
Alan Brooks| 1.27.10 @ 8:32PM
You flatter (and flattery is from the mouths [and keyboards] of fools) by writing I'm a leftie. Lefties are optimistic in that they subscribe to SOME of social progress.
I think the future will be opulent but vulgar and, ultimately, empty, meaningless.
Tawdry.
Alan Brooks| 1.27.10 @ 8:39PM
...wish I was leftist, and could pretend the future will be anything but dislocated, discombobulated.
You can't understand that when someone writes "the only constant is change" they are--unfortunately-- right on target?
Albert Frevele| 1.28.10 @ 12:06AM
Clinton Reagan's heir? Hardly. Clinton took bribes from the Communist Chinese government and gave them nuclear technologies they did not have, along with super computers and missile technologies they did not have. Grow up Brooks. Monicagate was not about sexual indiscretion. It was about perjury and obstruction of justice. Clinton lied and obstructed the legal process to prevent his losing a lawsuit and that meant losing money and respect. Bill Clinton is dirt. Live with it.
Eric Cartman | 1.27.10 @ 7:07AM
Uh oh. I smell a graph and some data coming!
Eric Cartman | 1.27.10 @ 7:38AM
"Look! Up in the sky! It's a CEO! It's an Ivy League educated MBA! No, it's Graphman! Mild mannered Bob, a CEO of all Fortune 137 1/2 companies by day. But when Reagan is mentioned, Bob is there to teach the unwashed mobs how taxes do not in anyway have any effect whatsoever on any decision anyone makes anywhere! It's a constant fight with the uneducated shlubs who post here. Watch as he bashes them with logic: Taxes? BAM! Reagan? Boof! Smaller government? SPLOOSH! It's all meaningless when meeting the indisputable facts of Bob's graph! Only Bob and Obama can save these illiterate buffoons!"
Graphman is brought to you by Datadoodle, Inc, where all your graph needs are met. Look for Bob whenever Reagan is mentioned! Bob is a a class of drug that increases your Obamagens and chases your Reaganites with graphbeenlyins, a beta risk drug that emulates Libitard Nitrate. Bob should be stored in a dark, dry place. Bob may cause incontinence, Bob may be incontinent. Vomiting has been associated with the use of Bob. Dry mouth, dizziness and bed-wetting has been reported with the use of Bob. Shaky-leg syndrome is a common side-effect with Bob. Gambling and wasteful spending are increased using Bob or viewing Obama or Graphman comics. Consult your Ivy League educated doctor of anything - including African and Woman Studies - if these conditions continue for more than a day because only an Ivy League educated PhD. can explain your ignorance of the economy no matter how useless their PhD. may seem to you.
Grzmlyk| 1.27.10 @ 9:50AM
Mr. Cartman, I think I love you.
You said it better than I could. That was EXACTLY my thought when I started reading this piece - here comes a GDP/tax rate chart from Bob!
Funny, but Bob's view of economics doesn't seem to be all that prescient.
Don't forget Bob predicted that home sales would be up! up! up! by the first of this year. I seem to recall that they were down almost 17 percent in December. But he knows economics, so obviously he is right and it's reality that got it wrong (dontcha hate when that happens?)
And that's with the government pumping in $1.25 trillion in order to keep mortgage rates down, a boondoggle that's about to expire. That's right, the government is doing exactly the same thing that got us into this mess!
But, not matter: Bob has decreed a new housing boom! And according to Bob, Mr. Bernanke will be able to rein in inflation with no problem! Blue skies are ahead!
After all, don't you know that GDP only goes up, up, up!???? Never mind that government employees now make up half of the workforce and GDP has become an almost useless metric of the real health of our economy, which manufactures NOTHING anymore (funny how so much of that GDP winds up in China).
After all, effective tax rates NEVER exceed 28%!!!! The chart doesn't lie! Forget payroll taxes, city taxes, state taxes, sales taxes, property taxes, media taxes and all of the other taxes out there. According to Bob, the tax situation never changes, and all this griping by us stupid right-wingers is utterly misinformed bigotry.
And corporate taxes are a mirage! Why, that's not the reason so many companies have moved their operations off-shore; never mind that US corporate tax rates are far more onerous than most in the West! Ignore the man behind that curtain!
In fact, Bob will tell you that businesses never make strategic decisions based on tax policy - which is odd, because I thought that approximately 19,990 pages out of the 20,000 page tax code are there specifically to encourage certain behaviors and discourage others - chiefly among businesses.
Oh well. All hail Bob, etc.
A month or so ago I questioned Bob's Harvard Bona Fides - how could such a rigid ideologue who fetishizes abstraction to the exclusion of seeing the nose in front of his face have matriculated at such a prestigious university??
And then I remembered: It ain't a college; it's a liberal elitism factory.
Barney Frank went to Harvard. As did the Unibomber. And Lawrence Tribe. And Arthur Schlesinger. And Jeffrey Imelt. And Michael Bloomberg. And Al Gore. Among many others.
Not so far-fetched that Bob went there after all.
And that not-so-faint whiff of superiority that accompanies his every post? Elitism and superciliousness are the core curriculum at Harvard. Take any run-of-the-mill self-important, effete boob, run him through the legacy/affirmative action admittance process, and, voila: Four years later he or she or it emerges as a member of the Ubermenschen, an untouchable in our "casteless" society (nudge, nudge, wink, wink).
Once I saw Bob's unshakeable belief that he is the Smartest Man on the Planet, I should have immediately said to myself: "Harvard" (how can they ALL be the smartest person on the planet?).
Yes, I never cease to be amazed at the things Bob has done in his life.
Where, oh where would this world be if Bob weren't the stalwart defender of genius, fearlessly patrolling the pages of Amspec, courageously telling its denizens that their little brains are but specks of dirt compared to his gargantuan, throbbing cerebellum?
Gosh, I'm grateful.
Ken (Old Texican)| 1.27.10 @ 10:20AM
Eric, GRZ,
I had to go get a cup of coffee Iwas laughing so hard at your two posts.
Darn it, then I spilled my coffee.
(but at least not on my keyboard, heh)
Grzmlyk| 1.27.10 @ 10:37AM
I'm just hoping I get that sweet gig as one of Bob's litter carriers once he's declared Grand Pooh Bah of American Specator and All He Surveys.
I am not worthy! I am not worthy!
:-)
Deborah D | 1.27.10 @ 10:45AM
Excellent to both of you. We must laugh at the fools, and you both made me laugh and admire your creativity at the same time.
Thank you -- so glad you're both on our side!
Grzmlyk| 1.27.10 @ 10:47AM
The feeling is mutual, Deborah D. I have long admired your posts.
Truth to Power| 1.27.10 @ 11:50AM
Grzmlyk,
Great post. I can't help but believe that Bob is a troll. He claims to be a Republican but Sotomayor looks great, taxes are great and most of what Obama says and does looks great. He has run the numbers and man caused global warming is a slam dunk. When you consider the sum total of his positions it doesn't make sense that he was ever a Republican. He insults the very people he is trying to convince which seems like a guy trying to cause trouble not build a consensus. His vision of the Republican Party is that of a tax collector for Democratic goodies. All his ideas would destroy the Republican Party, dividing it up into a tiny irrelevant bunch of subgroups. I don't buy the Harvard deal mainly because he brings it up so much. Certainly President Obama has these credentials and yet is similarly very shallow. It is possible but the constant reference to it reminds me of high school grad Barbara Streisand's over emphasis of higher education. It looks like over compensation. He is a buzz word kind of guy who missuses buzz words when you are familiar with them. The Sarah Palin rhetoric with regard to why he voted of Obama is right out of the playbook that Democrats used during the election. It is very amusing when you consider what a whiz Joe Biden is. Bob set himself up as the all knowing and all seeing which make his predictions all the more delightful. I leave an opening for him being a Log Cabin Republican. His use of gay jargon (homophobic, teabagging), his fixation with gay marriage, his willingness to support left wing judges to accomplish gay marriage, and his over the top hostility to Christianity might explain his behavior as well. Of course all these traits that fit right in place with Obama's core constituency. Concern trolls have been around for quite a while. I think trolling gives the dumb part of the Democratic Party something to do.
Grzmlyk| 1.27.10 @ 3:14PM
Well, Truth to Power, I think Bob thinks he IS a conservative - but the way he uses it, it really has no meaning. I agree with you - most of the policies he seems to advocate are right out of the Democrat playbook.
I had forgotten his support for Sotomayor. People like him are so enamored of some abstract concepts that they completely miss reality.
I don't know if any of the things he claims are true, but I laughed out loud after my last interchange with him, when I questioned his Harvard claim - he said, check with the AMSPEC people! They know who I am!
As if they give a flying rat's ass who he is.
He is definitely a troll, and I always say that folks who are trolls are emotionally messed up; he masks his need with supposedly very dry, very "factual," very "unbiased" verbiage, but it never occurs to him how obvious he is.
I don't know if he ever was a CFO, as he once claimed, but I wouldn't let him run my kids' lemonade stand.
As for his being homosexual, you may have something there.
Commonsensedad| 1.27.10 @ 12:20PM
Grz, Remeber, you can always tell a Harvard man, you just can't tell him much!
Margie| 1.27.10 @ 12:47PM
Eric Cartman & Grz,
Thank you! You made my day, and in fact I believe it will take me well into the evening, so that even if I DID watch the Tele-Prompter-in Chief's so called SOTU speech, I could still be smiling. :^)
LQQKY| 1.27.10 @ 11:33AM
First, a mea culpa -- pardon my ignorance -- who in the h*ll is Bob? I thought I followed the messiah fairly well, i.e., by changing channels whenever he appeared, knowing that his nose would grow longer and my my wide screen could not get it all in. I cannot identify "Bob" however; can someone help?
Deborah D | 1.27.10 @ 1:38PM
He was (and still is) a constant poster to this site. A regular pain in the you-know-what. Arrogant know-it-all.
Todd| 1.27.10 @ 11:53AM
I love it! Bob is the reason I started posting in the first place because of his stupid charts and ceaseless bragging of his incredible education and accomplishments in the business world. What kind of fool thinks high taxes have no effect on the economy and reasonable tax cuts lead to massive deficits? An Ivy League educated one apparently. Barack Obama sure hasn't cut taxes and the deficits under him far exceed any deficits under Reagan, seems to me that irresponsible spending and the attack of the private sector just might be to blame. But I guess I am just an uneducated moron who lacks "nuance" according to Bob because I got my MBA from a non-Ivy League institution.
Bill Hussein O'Stalin| 1.27.10 @ 7:09AM
Unfortunately, there is little political humor or real deftness left in this country.
Example: A country with free speech should have just one channel who could show what Obama has accomplished in side bars during his first year. There have been many failures.
On the other side of the screen they could also show actual ads from throughout the country from used car dealers because in essence, that's all Barack has to sell, recycled ideas with high mileage.
Talk about reality television.
Bill Hussein O'Stalin| 1.27.10 @ 7:09AM
Unfortunately, there is little political humor or real deftness left in this country.
Example: A country with free speech should have just one channel who could show what Obama has accomplished in side bars during his first year. There have been many failures.
On the other side of the screen they could also show actual ads from throughout the country from used car dealers because in essence, that's all Barack has to sell, recycled ideas with high mileage.
Talk about reality television.
Son of Liberty| 1.27.10 @ 7:10AM
I often wonder how it is that lefty elitists cannot spell (sophomore). They also think they have the answer to every question despite what the evidence in front of their face shows them. What a great country, America.
Ret. Marine| 1.27.10 @ 7:10AM
A note to the Grandchildren in the family history book. " A lieing liar spoke in forked tongue today"
Pingback| 1.27.10 @ 7:35AM
Pro-Life Super Bowl Ad under Fire | FortPatriot.com links to this page. Here’s an excerpt:
JP| 1.27.10 @ 7:36AM
The yeoman's work of stabilizing the financial markets in the wake of the Sept 2008 crash was done before President Obama was inaugerated. Paulson, Bernecke, and Bush implemented most of the tools that averted a complete liquidity breakdown. And if I remember correctly, during the waning days of the election, then Senator Obama cooly sat on the sidelines.
Since his inaugeration, the President signed TARP II, passed a $787 billion stimulus, nationalized AIG, and GM. He put his imprimatur on ObamaCare and Cap and Trade; and, he oversaw the borrowing of almost $3.2 trillion (almost the same amount that was borrowed during 8 years of the Bush administration). During all this, he administration put pressure on Bernecke to continue low interest rates, as well as monatarizing much of the $3 trillion in mortgage loses; 5 million additonal people lost thier jobs, and hundreds of thousands of homes continue to be foreclosed.
And now, he will announce that he will trim $25 billion a year off a $3 trillion budget! What he won't mention is that the Bush Tax Cuts will all expire on 1 Jan 2011, and the AMT will be hitting 30 million middle class earners. That will surely spur job creation.
Matt| 1.27.10 @ 7:43AM
Check out a State of the Union preview on Walton's Wall @ waltonswall.com
matt| 1.27.10 @ 7:44AM
that's www.waltonswall.com
Seapuss| 1.27.10 @ 7:47AM
Don't forget the bailouts and pseudo-bankruptcies of GM and Chrysler. Instead of cleaning house at those companies and curing what ailed them, Obama made sure both companies have UAW representatives on their boards of directors. That's like putting the iceberg in charge of the Titanic.
Pingback| 1.27.10 @ 8:02AM
The News Factor, an informative online Conservative News Magazine » OBAMA READS BEDTI links to this page. Here’s an excerpt:
Pingback| 1.27.10 @ 8:08AM
Must Know Headlines 1.27.2010 — ExposeTheMedia.com links to this page. Here’s an excerpt:
bluecollarbytes| 1.27.10 @ 8:15AM
Obama needs to restore the Faith in Obama, the kind of faith that asks no questions.
Mattled| 1.27.10 @ 8:16AM
Please join me tonight in NOT watching the "State of the Goonion Lies".
I will proudly watch Food Network instead. Make sure your cable boxes are on something else if TV's are off.
He went from 49 M viewers to 24 in less than a year. Let's make it even lower.
Howard| 1.27.10 @ 8:22AM
I am not opposed to government spending on infrastructure, research, and education. If that was all there was in the Stimulus Bill, it could have been achieved for a fraction of the cost, and it would provide long term benefit to the country. Instead, the Democratic congressional leadership put together a liberal wish list that is mostly garbage. That is another area in which Obama has not led, but acted as Prime Minister, not as President.
Dave | 1.27.10 @ 8:24AM
I suspect Obama's State Of The Union speech this evening will be set-up much like that of an opera singer just before stepping out on stage to face the audience. It often begins with a few last minute scans of the evening's music, while at the same time ... warming up the vocal cords. In both cases, the echos drifting from singer and speaker's backstage dressing rooms should sound pretty much the same:
me .. me .. me ..MEEEE .. me .. me .. MEEE.
MEEE .. me .. me .. meee .. MEEEEEE!
(uuh) Mr. President, you're on ...
MEEEE .. MEE .. me .. mee .. MEEEE ...
(err) Mr. President, it's time to ... (uhh)
MEEEEE .. MEEEEE!
Becky| 1.27.10 @ 8:32AM
Our President is a self-inflated windbag with a tin ear.
Margie| 1.27.10 @ 12:49PM
Interesting picture.
Tenn Slim| 1.27.10 @ 9:15AM
Opine
Bt
How in the world do we know what OBNA will say. Maybe, just Maybe, he will ask for the folks to buckle down, live with the EPA regs, Live with the 12-18 % unemployment, and just let the Progressives run the show. In other words, he may now show his true colors. Having spent the last 12 months in Aesopian double talk, he just may come out and say it. HE IS A SOCIALIST and we should take it or leave it.
end
Margie| 1.27.10 @ 12:51PM
Wow, I think you may have that right, Tenn Slim. What a horrible state of the union, indeed.
Pingback| 1.27.10 @ 9:23AM
Preview of tonight’s State of the Union address | Worth Reading links to this page. Here’s an excerpt:
JohnD| 1.27.10 @ 9:30AM
I have a problem with the general premise. The talking points of the MSM, Wall Street and White House are "yes we have a recession, but we avoided a depression."
In the 1800s, periods of negative economic growth were called "panics." In 1929, the stock market crash prompted another crisis, and they decided to use the term "depression" rather than panic to mute the popular perception of the crisis (that fueled a run on the banks). The newly coined term "depression" lasted almost a decade, and a generation became more terrified of the word "depression" than the previous generations did to the term "panic."
Fast forward to the 1970s; not wanting to call a declining GDP a "depression" and invoke images of bank runs, dust bowls, and soup lines, economic pundits coined the term "recession" ( to describe a panic or depression).
So the terms, "panic", "depression" and "recession" are interchangeable and all mean the same thing: 2 consecutive quarters of negative GDP growth. Pretending they connote varying degrees of economic downturn is fiction.
So no "depression" was averted; we are in a depression, a panic, and a recession all at once.
Then, in the
Sarah| 1.27.10 @ 10:54AM
Thank you for the history note on this. I had been wondering myself about the discrepancies between the terms and was remembering something fuzzy in my head about this. Amazing what happens when you start interchanging terms that actually mean the same thing - but you insist that one is worse than the other. Talk about pulling the wool over the eyes!
Joan Wayne| 1.27.10 @ 9:44AM
I suggest that Mr O should start his State of the Union address with the following appropriate sentence:
ONCE UPON A TIME.....
LoafinPJs| 1.27.10 @ 9:57AM
Set to the backdrop of Greek columns...
2Anglico| 1.27.10 @ 10:01AM
Who is this Obama guy?
Grzmlyk| 1.27.10 @ 10:09AM
Obama's entire administration can be summed up with that great Richard Pryor line when his wife catches him in bed with another woman:
"Who you gonna believe? Me or you lyin' eyes?
This speech is going to be, by turns, jaw-dropping in its mendacity and hilarious in its self delusion.
Clinton always knew when he was lying. I'm not sure our head-case in chief does - I really think that he honestly believes if he just wishes hard enough, it will be so.
and this debacle has all taken place with the media wind at his back!!!
Oh, his comeuppance is going to be delicious, the one bone we can savor out of this disaster.
Deborah D | 1.27.10 @ 10:58AM
Rep. Marion Berry (retiring) D-AR, said that Obama would hear nothing of a comparison between Healthcare-caused problems for Dems in 1994 and the problems that might come from pushing Healthcare now. Berry said he kept trying to warn them: “They just kept telling us how good it was going to be. The president himself, when that was brought up in one group, said, ‘Well, the big difference here and in ’94 was you’ve got me.’ We’re going to see how much difference that makes now.”
Wow! He definitely believed his own press. From the Politico: http://www.politico.com/blogs/.....is_me.html
Grzmlyk| 1.27.10 @ 11:17AM
What kills me is how incredibly naive he is - does he honestly believe any one human being on this planet (aside, of course, from Bob) is immune to human frailty? That one human being (aside, of course, from Bob - and Jesus Christ) is indispensible to civilization?
I swear, he's like most know-it-all 22-year olds I meet - they are taking their brand-new adulthood out for a joy ride while it's still got that new-car smell.
They enjoy all of the freedoms of adulthood and none of the responsibilities. You can't tell these people anything - they think the world began with their birth, and that they have all of the answers. Meanwhile, of course, they see nothing outside of the bubble of their solipsism.
But eventually life tends to intrude on these delusions and, by 35 or so, their adulthood tends to show its scratches, its dings, its diminished shininess. It no longer has that new-car smell. It smells like reality.
Obama was never disabused of this self regard; indeed, the bubble has only become more impervious as people have used him for their own purposes - as a child, as a pawn in the Ivy league, as a callow pol and now as president. He's never had to grow up.
I honestly think the man is a complete cypher. The man who wasn't there. Eventually, years from now, the only person who will not realize the hoax that was Barack Obama will be Obama himself.
Deborah D | 1.27.10 @ 12:05PM
You know, Grzmlyk, I don't know whether to be more fearful of his policies or his narcissism. His narcissism manifests itself in many ways, one is a refusal to see reality. Or maybe it's more that he thinks he's so above reality that he believes he can bend it to his will. That's a trait seen in other fanatical dictators. With the left in love with Chavez and his "great revolution" -- I truly believe that's what Obama envisions for himself. If not Chavez then perhaps Nero -- playing golf as the U.S. burns.
Grzmlyk| 1.27.10 @ 12:49PM
I agree, Deborah - his narcissism is the basis of his personality, and it's been enabled ever since he showed evidence to others that he'd be the ideal Manchurian law student, law professor, community organizer, politician and president.
I totally agree that narcissism is common to all dictators. He reminds me very much of Hitler, whose rocky childhood and rootless young adulthood became grounded in the buffoonery, ersatz power structure and cartoonish pomp of the early Nazi party. His narcissism found its expression there. An accident of history really brought him to power. Adoration fueled him (as opposed to, say, Ronald Reagan, whose quest for the truth of politics informed his personality).
And Hitler beleieved the hype to the extent that he fired any general who disagreed with his war strategy - which led directly to his downfall.
The title of Leni Riefensthal's 1934 film, a masterpiece of propaganda, says it all: "Triumph of the Will."
Narcissists believe they are not bound by the rules of life as are others - just as Hitler thought his will alone would more than compensate for any lack of actual knowledge of how to wage war, I think Obama is never bothered by his utter ignorance of economics, history, politics, business, art, and even American culture. He probably thinks his ignorance is an advantage.
I worked for a sociopath once - he was a classic narcissist, and everyone around him thought he was a beneficent genius; he reaped every reward that a rising star could in the Public Relations world. It infuriated me because he had revealed himself to me inadvertently; he was an amoral monster.
And the more people kissed his ass, the bolder he became - until his sense of entitlement became so overarching that it could no longer be ignored; he sexually harrassed many women in our workplace and the tide turned swiftly. He was unceremoniously fired and told not to show his face on the premises.
Narcissists are usually toppled, and I am frankly amazed - and grateful - that Obama has been revealed so quickly.
I think he's done. Honestly, it'll be fascinating to see if he retreats further into delusion or just resigns in a snit.
but I believe he will do down in history as the worst president, by far, that we have had. The only worse president would be Andy Dick, and I don't think he's going to run.
Deborah D | 1.27.10 @ 1:33PM
I thought of Hitler as well, but you're more direct than I am! :)
Great story and example of the man you worked for. Narcissists truly do sew destruction along their pathways don't they? That's what is truly the frightening aspect...who or what do they take with them on their way to self-destruction?
Wouldn't it be great if he resigned in a snit? Hey, Republicans won the Teddy Kennedy seat in MA! If that's not divine intervention, I don't know what is? Nothing's impossible!
Love the Andy Dick reference...so much in that one name...
Grzmlyk| 1.27.10 @ 2:06PM
Thanks for the Andy Dick comment. Yes, not only is Mr. Dick aptly named, he's a perfect example of the diseased state of our pop culture. That guy shouldn't be reaping the benefits of fame, he should be in a rubber room somewhere.
But it's so true that you can pick any dictator or would-be dictator - Fidel Castro, Che Guevara, Stalin, Lenin, Chavez, Idi Amin, Pol Pot, Ortega, Mussolini, Noriega - and they all share that overweening narcissism.
But you make a good point - they may all go down, but what destruction do they wreak on the way? Hitler and Stalin pretty much laid waste to the 20th century (which, as we all know, was REALLY George Bush's fault).
But I'm heartened. The American people suprised me with Obama. I know the "rabble" is terribly fickle, and you can set your watch by the pendulum swings from left to right among the "independent" voters, but I have to say, Obama was unmasked in almost exactly a year.
For that reason alone, he should start out his speech tonight with, "well, I'll be damned. The state of the union is stronger than I thought it was!"
I don't know how all the king's horses and all the king's men are going to put Humpty Dumpty back together again.
I kind of think he will resign in a snit - not now, but maybe in next year of so - particularly if we slide into a depression, inflation takes hold or there's a serious terrorist attack.
He's proven to be as thin-skinned as he is thick-headed, and I can just picture him cracking and crying, "I'm too good for you people! I'm taking my toys and I'm going home!"
And then I will sing, "Ding, Dong the pathetic, preening poltroon is dead!"
Wait a sec - then it's Joe Biden.
Oy.
Margie| 1.27.10 @ 2:31PM
"For that reason alone, he should start out his speech tonight with, "well, I'll be damned. The state of the union is stronger than I thought it was!""
~THAT would be awesome, wouldn't it?! If only!
But then that would be him being humble! And then what would he say after that? Perhaps~ "Because of this, I have seen the error of my ways. I am now repenting of my Socialistic fantasies of Utopia and am hereby declaring FREEDOM for all." ..how does a man like this ever make it to be our President? It's because of the SLEEPING people!
"So then let us not sleep, as others do, but let us keep awake and be sober." 1 Thes. 5:6.
Grzmlyk| 1.27.10 @ 3:08PM
Well, Margie, I think much of the country has awakened from a drunken stupor.
Unfortunately, even those of us who didn't partake of the obama drug are suffering from the same hangover as the people who snorted up his every nuance with unbridled enthusiasm.
Still, it's very gratifying to see many of them wake up, shake their heads and look at what's in bed next to them - and ask with dismay, WHAT THE HELL DID I DO LAST ELECTION NIGHT???????
Franklin| 1.27.10 @ 12:28PM
"they see nothing outside of the bubble of their solipsism. "
Hehe, I was reading fast and thought you wrote 'spoilism'!
Same thing, but it struk me funny.
Grzmlyk| 1.27.10 @ 12:54PM
So true - Obama is spoiled beyond hope.
He shares another trait with another dictator - ever notice his "chin jut?" Every picture of him depicts him jutting his chin out - just like Mussolini used to do.
Interesting.
John II| 1.27.10 @ 4:41PM
The Andy Dick reference invites all manner of apt metaphors. One might sensibly say, for example, that Professor Obama, after groping his way to the top, has been groping the American people for a whole year now.
Penny| 1.27.10 @ 7:23PM
EEeeewwwwwwwuuuuuu!
ds80| 1.27.10 @ 10:13AM
It's becoming increasingly obvious that all the warnings we gave to the Hope And Changers about Obama, the empty suit, were spot-on.
How dangerous it was to vote for the Community Organizer because he is a "clean and articulate (1)", "light skinned negro (2)". One wonders if the failure of this one-term President will taint future black office-seekers.
(1) Joe Biden
(2) Harry Reid
Grzmlyk| 1.27.10 @ 10:35AM
That is the irony, DS80. Like all liberal policies, affirmative action does more damage to blacks than to help them.
Because so many feckless whites wanted to purchase absolution from the original sin of racism by voting for this utterly unqualified, foolish, ignorant, sullen adolescent, they have managed to denigrate black people.
I had always hoped that the first black president would be a Republican/conservative - there are plenty of truly qualified people out there.
But as is the case with all affirmative action hires, or supposedly enlightened liberals engage in the "soft bigotry of lowered expectations." That might be good enough to assuage white guilt, but it is a disservice to the many, many excellent black people out there.
I find it supremely ironic that so many "colorblind" white people embraced Obama for one reason and one reason alone: He is black.
Tim| 1.27.10 @ 11:02AM
Hope, and then change the channel.
Mattled| 1.27.10 @ 11:31AM
My wife mentioned a few months ago that a co-worker was lamenting how blacks had been waiting for this moment for decades and now this guy phuq'd it up.(paraphrasing). And the co-worker is a liberal.
The One has now morphed into The One Term.
Imagine if the liberals could only be honest with themselves. The world would be a better place.
davelnaf| 1.27.10 @ 12:09PM
The Soviet communists blamed anyone who was not a party member for why collectivization wasn’t working out as planned. Then, after collectivized starvation set in, they began blaming their failures on ‘hidden’ enemies’ obstructionism and sabotage. It’s not all that far from hyperbole to say at this point, given where Obama and the Dems have laid blame for the recession, that Obama is heading in the same direction.
Roscoe| 1.27.10 @ 12:16PM
"Ladies & Gentlemen, I present the POTUS. And would the Hon. Member from South Carolina please report to his seat?"
Dixie Pixie| 1.27.10 @ 12:46PM
Gentlemen it is all very simple.
Depression Era policies produce Depression Era results.
The Left and their hand puppet Obama implemented a rerun of FDR's policies under the mistaken assumption the policies were the cause of FDR's popularity. In fact the opposite was true. It was FDR's constant efforts to maintain his aura of amiable popularity which covered for his disastrous policies. The Obama administration rerunning the same policies hoping electoral popularity will follow. No cookies will be awarded for noticing the obvious disaster.
Tonight we will see a Fool and his Policies repainted.
Blacque Jacques Shellacque| 1.27.10 @ 1:01PM
This is a president -- we will hear tonight -- who is not afraid to "stand up to" the lobbyists and special interests.
I will entrust the task of listening to this narcissist's speech to others, as I have no appetite for it myself.
Margie| 1.27.10 @ 1:03PM
I truly believe that if Obama read Grzmlyk's posts about himself that he could learn more than he has learned in his entire life, and if he cared to, turn from his Socialistic self (if he chose to), in other words, turn from his evil ways. Because he would be so horrified at facing himself and what he really is.
But one can only hope for that kind of change!
Deborah D | 1.27.10 @ 1:50PM
He can't face himself except in the mirror that reflects back to him the love he has for himself.
It's mirror, mirror on the wall who's the fairest of all? If it ever comes back with anything other than Obama...you can expect a poisoned apple for your supper.
But, there's always hope, Margie!! The Repubs won Teddy Kennedy's seat in MA! As I said above to Grzmlyk -- divine intervention is not impossible.
Margie| 1.27.10 @ 2:06PM
I agree, DebD, there is always hope as evidenced by the wins in NJ (my state, hooray!) VA and MA. And I certainly do believe in Divine intervention! When you consider how this country was founded, it has been Divine intervention from the start! He's never failed us yet, and never will. He, through the Founders set up our representative Republic form of government (of which I am so thankful), and so now we see what can happen when the voters, We the People utilize it by voting with our feet! Obama has by his very being (and doing) motivated We the People into action such as has not been in decades! May his speech tonight continue causing us all to do so!
RAMIII| 1.27.10 @ 2:43PM
Margie,
How can he who knows "all" there is to know, learn anything?
He must first come to the end of his "socialistic self" before he can turn from it.
The tragic irony is that if this actually happened he would never be able to tell us about it, because NO ONE would BELIEVE him.
Margie| 1.27.10 @ 3:00PM
RAMIII,
Yes, maybe so. Maybe he'd have to come to the end of his ways, his rope, first. But then I think of Paul the Apostle, who as Saul, used to kill Christians for sport! Jesus spoke to him and said "Saul, Saul, why do you persecute Me?" And He blinded Him, and then He also cause the scales to fall from his eyes. Sometimes God ZAPS you when He calls you. Sometimes He draes us with the cords of compassion.. (I know those.) Sometimes it takes a lifetime, sometimes it happens in your youth, but it is all Him, His doing totally.
~When the Bible tells us to pray for our Leaders, who are all put there by Him.. how do we do it? I do it like this: Lord, if it is your will, then let your will be done, but I pray that you would turn the heart of Obama toward You, so that our great country would go no further than it already is under his rule, as he rules and does not lead like a President should. If not, I pray that that We the People can vote him out, sooner, rather than later!"
RAMIII| 1.27.10 @ 4:26PM
Margie,
I hope if he does turn from his evil ways that there is a "Barnabas" who can help him the way Saul was helped to become Paul and was ultimately accepted by those same early Christians who were persecuted by him.
As far as his political life, I am thankful that we have a system in which we can limit President Obama to one term by voting him out of office in the next Presidential Election.
Franklin| 1.27.10 @ 1:13PM
How is little o going to pull this off? Who is left in the audience who will cheer for his lying, self serving, anti-American rhetoric? Ok, there’s Michelle.
Actually, I’m daydreaming. Many Democrats will cheer, and rightly so, for they do not see where this is going. They are so far into the dream of Utopia that they just can’t wake up – it’s the kool-aid, you know.
I was reading in Matthew last night; so many things Jesus said apply to the progressives. Mt 5:37, 7:6, 15-20, 27. One that my happen soon is Mt 10:26 “Therefore do not fear them, for there is nothing concealed that will not be revealed, or hidden that will not be known.”
With the tone of his last few speeches, little o has been revealing more of his pompous, intolerant (of the dumb masses), angry and lord-of-the-world attitudes. Let’s all pray that the teleprompters fritz out and he has to punt. He is a rotten tree and any fruit (policies) he bears is rotten.
May he show his true colors.
Margie| 1.27.10 @ 1:26PM
Indeed Franklin. There is little hope for change in this man. When he looks in his magic mirror he isn't horrified by his reflection, as he ought to be!
I agree, may his true colors be shown all the more. Hopefully the remaining "believers" will finally see him for what he is. A man who wants to be Dictator over the people, and not a President who wants to lead the country.
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martin j smith| 1.27.10 @ 3:29PM
There are four groups that support Obama: The true believers. These are people who know exactly what Obama is up to and are ideologically in agreement6 with Obama. The second group are what i would call knee jerk democrats. They are ignorant of Obama's true motives but will vote anyone whose party begins with a D only. The third groups I would call the "gimmee" group. They want a free ride --consequences be damned.
Finally the "wannabeezzzzz" these people can be considered "moderates" They can be Republicans or democrat. The "wannabeeeeezz" goal is to feel good about wanting to Support Obama because he is "cool" or because it feels good because Obama is black. Of the four groups the one that is most likely to reconsider support for Obama are the "knee jerk " group and second the " wannabeeezzzz". But in the end Obama will theatrically mesmerize his supporters. But, his critics with be laughing all the way to the ballot box.
Franklin| 1.27.10 @ 7:32PM
Martin, what a great comment. It helps to put little o's supporters in this kind of categorizing list. Sometimes it gets so confusing how someone could be so blind, but then this list shows that there is only one of the four that are fooled. The others know what they voted for.
Thanks!
geekspeak| 1.27.10 @ 9:16PM
great summary of the electorate. I agree. What saddens me and scares me was how easy it was to fool/seduce the "wannabeeezz". I believe the "wannabeeezz" also voted for LBJ, Carter and Clinton.
TomB| 1.27.10 @ 3:33PM
Has anyone suggested a drinking game yet? How about a shot for every "I," "me," or "my predecessor?"
Need to go to the liquor store...
Grzmlyk| 1.27.10 @ 3:42PM
Well put, Margie!
Tom, that occurred to me, but if we play that drinking game, we'll all be shitfaced two minutes into the speech.
Margie| 1.27.10 @ 3:57PM
Thanks, Grrrzzly bear!
Tony in Central PA| 1.27.10 @ 4:00PM
Here's a thumbnail of what to expect tonight : " My fellow Americans...blah, blah, blah...back from the brink ...blah...signs of recovery (Democratic applause )...blah, blah...there is much more to be done...blah, blah...relief for working familes ( Democratic applause )...blah...kitchen table...blah...greed of Wall Street...blah...Main Street...blah, blah...invest in America...blah...green jobs...blah...inherited...blah, blah...jobs created or saved...blah...bipartisan...blah, blah, blah...continue to fight...blah...those who would do us harm...blah...Pockeystahn...blah , blah...Uh...blah...let me be clear...blah, blah...both sides of the aisle...blah... All Americans...blah...security...Uh...continue to fight...blah ( Applause).
Blackknights 1802| 1.27.10 @ 7:50PM
Great Tony.
Don't forget ....blah... I'm the one you have been waiting for...
Ken (Old Texican)| 1.27.10 @ 4:20PM
Lovely, Margie
Tony and GRZ, you guys are on a roll today. Thanks for the chuckles....and the coffee spilling laughs earlier.
Yuoall know? Agree with him or not, Dubyah's State speeches are all on my permanent document files. They obviously came directly from his heart, heh, and written well too.
O needs a new teleprompter.
Margie| 1.27.10 @ 4:32PM
Ken,
You once again remind us of the good man, GW. Each time you do so I could weep. This man was so maligned, and still is, by the sheer hatred of the people who do so. When I think of the difference between these 2 men... why can't people realize it? It truly is a sad state of affairs.
God looks at the heart, but our fault is that we look at the outward appearance. May we judge with right judgment the next time around, and not put him back in office. I have a feeling this speech of his tonight is going to outrage us more even than what we've heard all along due to the sheer deceit. It truly saddens me, for our country.
But one thing we can all rejoice in. And that's the good unity we share amongst one another!
Grzmlyk| 1.27.10 @ 5:10PM
Grrrzzly bear - that's good! :-)
I totally agree GW was a good man. He was sincere - not an ounce of phoniness in either him or Laura. Funny how the last several Democrat nominees for pres - Clinton, Gore, Kerry, and Obama - are all complete phonies. It's a prerequisite, because liberalism is phony through and through.
I wasn't always happy with Bush's domestic policies, but, contrary to what the libs and the press shouted 24/7, he was a decent human being and he respected America.
Obama thinks of America as his personal urinal.
Rmm| 1.27.10 @ 6:57PM
That is some tough stuff. Fundamentally you are correct ,in that GW was and is a stand up guy. Country was important to him, not so much with the current ideologue, who thinks he can talk his way out of everything , no matter the situation.
geekspeak| 1.27.10 @ 9:19PM
thanks for your humor -- much needed in times like these.
Margie| 1.27.10 @ 4:49PM
All~ Just found this about Ellie Light at WorldNetDaily.
http://www.wnd.com/index.php?f.....eId=123327
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Lullaby's Legends and Lies| 1.27.10 @ 6:42PM
Grzmlyk: Bob never showed up after all? No charts, no graphs, no nothing!! I think you completely scared him away today, with your posts!! And you were totally on fire today, and very funny too. Keep it up.
Bob? Hello Bob? Anybody?
Marc Jeric| 1.27.10 @ 6:58PM
I think it is a big mistake to underestimate Abu Hussein from Kenya, our Community Organizer-in-Chief. He has his system of local soviets in place, ready for action (ACORN, SEIU, teacher unions); his army of marxist professors and MSM acolytes are ready for a total propaganda war. Card check will be voted by Democrat majorities; Rush Limbaugh and Glenn Beck will be silenced by the FCC. Cap & trade will be invented and enforced by the EPA eco-nazis through regulations. Courts will be packed with ardent communists who believe in "living" Constitution.
As for tonight speech - all pablum and Bush-blaming; we heard it all before. Obama will blame "trickle down" theory of economics - as if there is no other kind. Government will "invest" in "green" jobs - with millions of bloodsuckers draining the government subsidies. It will take us 2-3 generations to recover from this marxist deadly infection.
Franklin| 1.27.10 @ 7:40PM
Marc, I thought the same thing about the Mass election - it would be a revisit of Al Franken, SEIU thugs would scare people away from voting, ACORN would have all the voter registrations cooked waiting for the homeless to be bussed in to vote, etc.
But when Brown won I was thrilled. Stunned, but thrilled. I was SOOO sure it wasn't going to happen.
Maybe - just maybe there is hope that November will be the same...no tricks.
Blacque Jacques Shellacque| 1.27.10 @ 9:03PM
It's 6 PM PST. Game on?
victor| 1.27.10 @ 10:03PM
Yep, Same Olde Trite Utterances
keyboard555| 1.27.10 @ 11:35PM
Sounded like an echo chamber, that america has been listening to. Same BS that we have had to endure since he entered the race for president.
How many more lies does he think the American People can take?
Its really time to get this idot out of our life.
Let take his CORRUPT CHICAGO MACHINE and move back to AFRICA.
John Locke| 1.28.10 @ 12:44AM
He lies when he inhales and he lies when he exhales --- the falsification of reality is his oxygen. OhBummer is a cancer that just keeps on giving, and he vows not to quit. I wonder if chemotherapy or nuking him would get him the @^$%#&!! out of my life. This was not a State of the Union speech, it was a loony lecture and litany of lies, half-truths and misrepresentations. If OhBummer were wearin' a skirt, he'd be a bloody harpy.
FTM| 1.28.10 @ 1:48AM
I knew this wouldn't have a good outcome when a south side of Chicago, welfare class rabble rouser that has never had a private sector job in his life fired the CEO of GM.
I've been building cars since 1986. I've worked mostly as a production support and a project engineer. I've managed equipment maintenance support departments and the like. I will say something about the car business, when you think that you've reacled the absoloute apex of outlandishness before long something will happen that will make you realize that you were only on a plateau. You will find that over the edge of the latest plateau is a whole new abyss of stupidity.
On the lighter side though, obama has done us a favor. Really. It will be at least a generation before a liberal politician can win an election in any but the most hopeless districts, san fransicko and places like that for example.
FTM| 1.28.10 @ 2:47AM
By the bye, by what strange warping of practical reality do these people call themselves "progressives?" Is that 1984 or what?
Yosemeti Sam| 1.28.10 @ 3:19AM
Here he came to save the day - Mighty Mouse
BHO was on his way.
Or was it Dumbo?
These Disney characters are confusing - in
their respective forte.
LOL.
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The best economists contend that it's premature to judge Obama's efforts. I believe the most important evaluation on Obama's efforts to turn the economy around won't occur for a few years. symptoms ringworm treatment
Shamus| 2.10.10 @ 7:38AM
Who's the big winner in all this?
It's Herbert Hoover because in the future people will talk about the worst economy since Obama.
Converse | 8.12.11 @ 3:00AM
is good