Mary Todd Michelle Obama was clueless in her choice of winter apparel last night. Even more clueless was TelePrompter Obama and his lackluster, non-specific, Favreau speech. Jumping for joy Dimocrats were the most clueless of all.
A nation in desperate need of action, not words, confidence building, not chest thumping, specificity, not platitudes, found another pail full of Obama words, words, words.
One disappointment in Mr. Obama’s speech was his failure to deliver any more clarity on his plan to rescue the nation’s banking system. He said he would not provide bailouts “with no strings attached.” But he offered even less specificity than the administration has in recent weeks. The choices are indisputably difficult, and Mr. Obama may be trying to keep his options open. His team has seemed skittish about the increasingly obvious need for some form of government takeover of some of the biggest banks. If Mr. Obama has a better plan, the nation needs to hear it soon.
The New York Times, the cathedral of the High Church of Obama, BEFORE the speech laid down some markers for a successful or failed speech:
His aides say this is no moment for the lofty idealism of the inaugural address, 35 long days and roughly a thousand Dow Jones points ago. His task is to be at once reassuring and realistic, or, as one of Mr. Obama’s economic advisers said over the weekend, “to convince the country we’ve finally pulled the ripcord on the parachute, even if we can’t tell you how long we fall or where we land.”
The hardest part will be convincing his countrymen that they cannot save themselves without first saving the banks that let greed blot out prudence, the carmakers who ignored competitive reality for a quarter-century, and the homeowners who somehow persuaded themselves that housing prices only move up.
Yet here is the paradox the president faces: The same New York Times/CBS News poll that found that Mr. Obama instills a remarkable sense of confidence — 76 percent of Americans say they think he will make the right economic decisions — also found that Americans dislike many of the choices he has made thus far.
Fifty-nine percent said that the bank bailout would help bankers far more than it would help the country. More than two-thirds had no stomach for bailing out G.M. and Chrysler, even if the alternative is liquidating the companies.
BEFORE the speech the New York Times was declaring lack of specificity to be a “failure”. AFTER the no specifics speech, it was merely a New York Times “disappointment”.
So here is a guide to what to look for in the speech to Congress, as the new president tries to emit the reassuring warble of an F.D.R. New Dealer while convincing the country he will soon fly like a deficit hawk. [snip]
So in Mr. Obama’s speech, look for the code words that open the way to brief nationalization — he’ll steer clear of that term — on the way to cleaning up balance sheets and putting the banks back in private hands. Also look for any signs that Mr. Obama might decide to wipe out the current shareholders’ stakes — not that those holdings are worth very much anymore — and dump current bank managements.
His argument will probably come down to this: We’re not bailing out a bunch of clueless bankers, we’re making sure that the world’s biggest economy has a viable banking system. [snip]
On this subject, listen for the national security argument: That Americans cannot live without a vibrant industrial base that makes the country’s own wheels, in America. Mr. Obama’s case will be that the network of suppliers surrounding America’s auto makers cannot be destroyed. Don’t expect to hear much about the “transplants,” the subsidiaries of Japanese, German, Korean and other companies that, until the bottom fell out of the new-car market, were actually building new auto plants in the United States while the Big Three were closing old ones. Those carmakers think of themselves as American. Congress doesn’t. [snip]
It was a little mystifying why the White House chose, late last week, to get into a direct shouting match with Rick Santelli, a CNBC reporter and former derivatives trader whose on-air tirade against Mr. Obama’s plan to stop foreclosures went viral on the Web. “The government is promoting bad behavior,” Mr. Santelli said. The White House press secretary shot back that “Mr. Santelli doesn’t know what he’s talking about.”
Maybe he does, and maybe he doesn’t, but he tapped into genuine anger. Mr. Obama is likely to nod to the fact that many people who pay their mortgages are rightly upset that the government is rewarding some of those who overextended themselves. But he’ll argue that until the foreclosures stop, the downward cycle — ever more houses on the market, ever lower market values — cannot be stopped. On this point, the White House knows he has to sound more convincing than he did last week. [snip]
The White House is acutely aware that its entire plan hinges on the willingness of other nations to keep lending to the United States, and that means he must make a convincing case that he’s seen the path out of deficits.
Americans and foreigners alike have heard that before; George W. Bush spent eight years churning out projections of how he would move the United States back toward balanced budgets. The financial responsibility summit on Monday at the White House — if you can call a four-hour meeting a “summit” — was supposed to signal that Mr. Obama has a plan of his own. But he has been a little vague about how he would square the goal with everything in the offing — or how he would address the toughest long-term problem, fixing Social Security and Medicare.
Look for any sign that he is now willing to kick those cans down the road, maybe by creating a commission to study the problem. [snip]
But mostly, look for whether Mr. Obama puts together that elusive combination of inspiration and specificity that creates confidence. That’s what’s been lacking in the markets, and in the country. And until it is restored — until Americans have as much faith in the message as in the messenger — it’s going to be hard to break the cycle.
No specificity, no inspiration, no confidence. Obama’s economic “plans” are as sleeveless as
Mary Todd Michelle in the February cold.
MSNBC, the Vatican of the High Church of Obama, published an Associated Press fact check of Obama’s glossies:
President Barack Obama’s assurance Tuesday that his mortgage-relief plan will only benefit deserving homeowners appears to be a stretch.
Even officials in his administration, many supporters of the plan in Congress and the Federal Reserve chairman expect some of that money will go to people who should have known better than to buy that huge house.
The Associated Press “fact check” quotes Obama and then cites the truth of the matter:
OBAMA: “We have launched a housing plan that will help responsible families facing the threat of foreclosure lower their monthly payments and refinance their mortgages. It’s a plan that won’t help speculators or that neighbor down the street who bought a house he could never hope to afford, but it will help millions of Americans who are struggling with declining home values.”
THE FACTS: If the administration has come up with a way to ensure money does not go to home buyers who used bad judgment, it hasn’t announced it.
Defending the program Tuesday at a Senate hearing, Federal Reserve Chairman Ben Bernanke said it’s important to save some of those people for the greater good. He likened it to calling the fire department to put out a blaze caused by someone smoking in bed.
“I think the smart way to deal with a situation like that is to put out the fire, save him from his own consequences of his own action but then, going forward, enact penalties and set tougher rules about smoking in bed.”
Similarly, the head of the Federal Deposit Insurance Corp. suggested this month it’s not likely aid will be denied to all homeowners who overstated their income or assets to get a mortgage they couldn’t afford. [snip]
OBAMA: “We have already identified $2 trillion in savings over the next decade.”
THE FACTS: Although 10-year projections are common in government, they don’t mean much. And at times, they are a way for a president to pass on the most painful steps to his successor, by putting off big tax increases or spending cuts until someone else is in the White House.
Obama only has a real say on spending during the four years of his term. He may not be president after that and he certainly won’t be 10 years from now.
After the obligatory Clinton-bashing the Associated Press notes Obama’s promises and states “his budget does not accomplish any of that”. The “that” is “end education programs that don’t work and end direct payments to large agribusinesses that don’t need them. We’ll eliminate the no-bid contracts that have wasted billions in Iraq, and reform our defense budget so that we’re not paying for Cold War-era weapons systems we don’t use. We will root out the waste, fraud and abuse in our Medicare program that doesn’t make our seniors any healthier, and we will restore a sense of fairness and balance to our tax code by finally ending the tax breaks for corporations that ship our jobs overseas.”
The Associated Press mocks Obama by reciting history: waste, fraud and abuse are routinely targeted by presidents who later find that the savings realized seldom amount to significant sums.
Also mocked by the facts are Obama claims on the number of uninsured, and promises regarding the “supply of renewable energy”.
OBAMA: “Over the next two years, this plan will save or create 3.5 million jobs.”
THE FACTS: This is a recurrent Obama formulation. But job creation projections are uncertain even in stable times, and some of the economists relied on by Obama in making his forecast acknowledge a great deal of uncertainty in their numbers.
The president’s own economists, in a report prepared last month, stated, “It should be understood that all of the estimates presented in this memo are subject to significant margins of error.”
Obama gets an “F” in history and an “A+++” in lies and distortion:
OBAMA: “And I believe the nation that invented the automobile cannot walk away from it.”
THE FACTS: According to the Library of Congress, the inventor of the first true automobile was probably Germany’s Karl Benz, who created the first auto powered by an internal combustion gasoline, in 1885 or 1886. Nobody disputes that Henry Ford created the first assembly line that made cars affordable.
Investors? Where they impressed? No, Investors put the bottles of Hopium aside.
Investors unimpressed by Obama speech
Earlier this morning, investors seemed undecided about the credibility of government bailout programs — despite the theme of hope in President Barack Obama’s first address to Congress since becoming president.
The markets may rise today instead of the droop thus far, but whatever happens it will not be due to celestial choirs singing nor Obama words, words, words.
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If there were celestial choirs last night, paradoxically, it was the Republicans of all stripes that should be singing happily. We have never ever been impressed with Bobby Jindal. Jindal has been a Big Media creation. Last night, the Jindal balloon went flat. To his credit Jindal did apologize for Republican irresponsibility and lack of accountability. However, Republicans should rejoice. Now they know Jindal is not the future, now that Jindal is out of the way, Republicans can organize themselves realistically.
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Republicans might be happy knowing they have a patsy boob to roast and dumped their own boob, but real Democrats must know the nightmare we are in.
Remember all the attacks on Hillary even as she promised to pare back the dictatorial powers accrued by the Executive Branch and the Presidency? Obama supporter Robert Byrd is now, too late, worried:
Sen. Robert Byrd (D-W.Va.), the longest-serving Democratic senator, is criticizing President Obama’s appointment of White House “czars” to oversee federal policy, saying these executive positions amount to a power grab by the executive branch.
In a letter to Obama on Wednesday, Byrd complained about Obama’s decision to create White House offices on health reform, urban affairs policy, and energy and climate change. Byrd said such positions “can threaten the Constitutional system of checks and balances. At the worst, White House staff have taken direction and control of programmatic areas that are the statutory responsibility of Senate-confirmed officials.” [snip]
Byrd repeatedly clashed with the Bush administration over executive power, and it appears that he’s not limiting his criticism to Republican administrations.
Byrd also wants Obama to limit claims of executive privilege while also ensuring that the White House czars don’t have authority over Cabinet officers confirmed by the Senate.
“As presidential assistants and advisers, these White House staffers are not accountable for their actions to the Congress, to cabinet officials, and to virtually anyone but the president,” Byrd wrote. “They rarely testify before congressional committees, and often shield the information and decision-making process behind the assertion of executive privilege. In too many instances, White House staff have been allowed to inhibit openness and transparency, and reduce accountability.”
Big Blogs and PINO Dimocrats will remain silent about the Obama imperial presidency.
Guantanamo? Abuse of prisoners? The very sources Big Media and PINO Dimocrats relied on to attack the reprehensible George W. Bush say Obama is worse:
Abuse of prisoners at Guantanamo Bay has worsened sharply since President Barack Obama took office as prison guards “get their kicks in” before the camp is closed, according to a lawyer who represents detainees.
Abuses began to pick up in December after Obama was elected, human rights lawyer Ahmed Ghappour told Reuters. He cited beatings, the dislocation of limbs, spraying of pepper spray into closed cells, applying pepper spray to toilet paper and over-forcefeeding detainees who are on hunger strike.
The Pentagon said on Monday that it had received renewed reports of prisoner abuse during a recent review of conditions at Guantanamo, but had concluded that all prisoners were being kept in accordance with the Geneva Conventions.
“According to my clients, there has been a ramping up in abuse since President Obama was inaugurated,” said Ghappour, a British-American lawyer with Reprieve, a legal charity that represents 31 detainees at Guantanamo.
Under George W. Bush PINO Big Blogs and Dimocrats thought and railed that forced-feeding was torture. Torture has now been redefined in the new celestial era (just like “bonuses” for business executives – they now get “retention incentives”):
In one of the six main camps at Guantanamo, the lawyer said all the detainees he knew were on hunger strike and subject to force-feeding, including with laxatives that induced chronic diarrhea while they were strapped in their feeding chairs.
“Several of my clients have had toilet paper pepper-sprayed while they have had hemorrhoids,” Ghappour said.
Silence on torture from the once garrulous PINO Big Blogs. The PINO Big Blogs will not defy their diety. The PINO Big Blogs are the Hopium dispensing monasteries in the High Church of Obama.
The High Church of Obama is increasingly opposed by the Catholic Church. Although we pro-choice real Democrats disagree with other real Democrats who oppose abortion rights we do respect the warnings about Obama by Denver’s Archbishop Charles Chaput (who traveled to Canada to speak in freedom):
Canadians packed St. Basil’s Church in Toronto on Monday evening to hear Archbishop Charles Chaput speak about how Catholics should live out their faith in the public square. He warned that in the U.S., Catholics need to act on their faith and be on guard against “a spirit of adulation bordering on servility” that exists towards the Obama administration.
The public lecture by Archbishop Chaput took place on the campus of the University of Toronto at St. Basil’s Church and was attended by an overflow crowd of more than 700 people.
After giving a sketch of the basic principles in his New York Times Bestseller “Render Unto Caesar,” the archbishop offered his insights on the need for an honest assessment of the situation of the Church in the public square.
“I like clarity, and there’s a reason why,” began the archbishop. “I think modern life, including life in the Church, suffers from a phony unwillingness to offend that poses as prudence and good manners, but too often turns out to be cowardice. Human beings owe each other respect and appropriate courtesy. But we also owe each other the truth — which means candor.”
Hooray for clarity and specificity from the Archbishop.
The Denver prelate then provided his critique of President Obama.
“President Obama is a man of intelligence and some remarkable gifts. He has a great ability to inspire, as we saw from his very popular visit to Canada just this past week. But whatever his strengths, there’s no way to reinvent his record on abortion and related issues with rosy marketing about unity, hope and change. Of course, that can change. Some things really do change when a person reaches the White House. Power ennobles some men. It diminishes others. Bad policy ideas can be improved. Good policy ideas can find a way to flourish. But as Catholics, we at least need to be honest with ourselves and each other about the political facts we start with.”
Yet this will be “very hard for Catholics in the United States,” Chaput warned.
According to the archbishop, the political situation for Catholics is difficult to discern because a “spirit of adulation bordering on servility already exists among some of the same Democratic-friendly Catholic writers, scholars, editors and activists who once accused pro-lifers of being too cozy with Republicans. It turns out that Caesar is an equal opportunity employer.”
Archbishop Chaput’s great warning about the false prophet: “in democracies, we elect public servants, not messiahs.”
“For Christians,” he explained, “hope is a virtue, not an emotional crutch or a political slogan. Virtus, the Latin root of virtue, means strength or courage. Real hope is unsentimental. It has nothing to do with the cheesy optimism of election campaigns. Hope assumes and demands a spine in believers. And that’s why – at least for a Christian — hope sustains us when the real answer to the problems or hard choices in life is ‘no, we can’t,’ instead of ‘yes, we can.’”
We real Democrats opposed and mocked Republicans who worshipped George W. Bush. We real Democrats oppose and mock Democrats turned Dimocrats, PINO Big Blogs, who are mirror images of hypocrite Republicans.
We real Democrats will continue to offend Dimocrats by rejection of a “phony unwillingness to offend”. We real Democrats will not pose with “prudence and good manners” which is hidden cowardice.
We real Democrats will continue to offend Dimocrats and shake them and berate them until they wake up and take responsiblity for the national nightmare they are responsible for.