Abandon Ship! The Captain Is A Boob

Inexperienced and unqualified Barack Obama was foisted on the Democratic Party and eventually the nation by the “establishment”. Now, the establishment, because it has and continues to lose money, is abandoning Obama.

Most recent disasters in the past day alone? The worthless Obama promise to stop earmarks will soon be broken when he officially signs his approval of well over 8,000 earmarks. True to Chicago style, Obama will break his no-earmarks pledge and sign the $409.6 billion earmark laden omnibus measure while ladling out even more hollow promises to stop earmarks. Obama can’t be trusted….

Sen. McCain, R-Ariz., tried last week to rid Congress’ humongous spending bill of 8,570 earmarks. That represents $7.7 billion of your tax dollars for pet projects stuffed into spending bills by lawmakers to fund local interests or, sometimes, to benefit big campaign contributors. McCain lost.

President Obama — a once prolific earmarker who became a critic when he set his sights on the White House — has chosen not to pick a fight with the Democratic majority over Congress’ addiction to earmarks.

Also, another Obama nominee for office (Charles W. Freeman, Chairman of the National Intelligence Council) has withdrawn even as the “urban czar” has conflicts of interest to explain.

Howard Fineman, of shoddy and money-losing Newsweek, pretends he is not part of the establishment that is losing faith in Obama. Fineman is sending the signal to his Obama loving establishment brethren: Obama is a boob.

Obama still has the approval of the people, but the establishment is beginning to mumble that the president may not have what it takes. [snip]

But, in ways both large and small, what’s left of the American establishment is taking his measure and, with surprising swiftness, they are finding him lacking.

Obama may be mistaking motion for progress, calling signals for a game plan. [snip]

But there is only one question on this great test of American fate: can he lead us away from plunging into another Depression?

When Dimocrats and PINO Big Blogs hurtled to praise Obama’s words regarding the “budget overview” and the “stimulus” we noted that both proposals were big uncoordinated incomprehensible messes that related more to letters children send to Santa Claus. Only now is “the establishment” realizing Obama is a boob.

If the establishment still has power, it is a three-sided force, churning from inside the Beltway, from Manhattan-based media and from what remains of corporate America. Much of what they are saying is contradictory, but all of it is focused on the president:

The $787 billion stimulus, gargantuan as it was, was in fact too small and not aimed clearly enough at only immediate job-creation.

The $275 billion home-mortgage-refinancing plan, assembled by Treasury Secretary Tim Geithner, is too complex and indirect.

The president gave up the moral high ground on spending not so much with the “stim” but with the $400 billion supplemental spending bill, larded as it was with 9,000 earmarks.

The administration is throwing good money after bad in at least two cases—the sinkhole that is Citigroup (there are many healthy banks) and General Motors (they deserve what they get).

The failure to call for genuine sacrifice on the part of all Americans, despite the rhetorical claim that everyone would have to “give up” something.

A willingness to give too much leeway to Congress to handle crucial details, from the stim to the vague promise to “reform” medical care without stating what costs could be cut.

A 2010 budget that tries to do far too much, with way too rosy predictions on future revenues and growth of the economy. This led those who fear we are about to go over Niagara Falls to deride Obama as a paddler who’d rather redesign the canoe.

A treasury secretary who has been ridiculed on “Saturday Night Live” and compared to Doogie Howser, Barney Fife and Macaulay Culkin in “Home Alone”—and those are the nice ones.

A seeming paralysis in the face of the banking crisis: unwilling to nationalize banks, yet unable to figure out how to handle toxic assets in another way—by, say, setting up a “bad bank” catch basin.

A seeming reluctance to seek punishing prosecutions of the malefactors of the last 15 years—and even considering a plea bargain for Bernie Madoff, the poster thief who stole from charities and Nobel laureates and all the grandparents of Boca. Yes, prosecutors are in charge, but the president is entitled—some would say required—to demand harsh justice.

The president, known for his eloquence and attention to detail, seemingly unwilling or unable to patiently, carefully explain how the world works—or more important, how it failed. Using FDR’s fireside chats as a model, Obama needs to explain the banking system in laymen’s terms. An ongoing seminar would be great.

Obama is no socialist, but critics argue that now is not the time for costly, upfront spending on social engineering in health care, energy or education.

Other than all that, in the eyes of the big shots, he is doing fine. The American people remain on his side, but he has to be careful that the gathering judgment of the Bigs doesn’t trickle down to the rest of us.

The establishment is abandoning Obama because, Hope aside, they are losing money because of their boob. That was not the deal. Obama was supposed to loot the economy on behalf of his friends so they could be richer. Instead, Obama is looting the economy to reward his friends, but he is so incompetent they are still losing money overall. So they are warning Obama via Howard Fineman. Multi-multi-Billionaire Warren Buffett is also sending a clear message:

Buffett was perhaps Obama’s most powerful “validator,” an unfortunate political term for a supporter whose unassailable credentials in a particular area make people feel good about a candidate’s slim credentials in that area. [snip]

“I think that the Democrats—and I voted for Obama and I strongly support him, and I think he’s the right guy—but I think they should not use this—when they’re calling for unity on a question this important, they should not use it to roll the Republicans.” He also said it was unproductive to blame the Bush administration and use the crisis to get funding for “pet projects.” [snip]

Buffett wasn’t trying to assign blame. He was calling for focus, most of all from President Obama as the communicator-in-chief. A lack of communication, says Buffett, is at the heart of the economic problem. “We’ve had muddled messages,” he said, “and the American public does not know. They feel they don’t know what’s going on, and their reaction is to absolutely pull back. … How fast we get [to better economic times] depends enormously on not only the wisdom of government policy but the degree in which it’s communicated properly.” (Buffett’s own attempts at communication included repeatedly referring to the current economic crisis as a war and drawing elaborate analogies to the attack on Pearl Harbor.)

Obama’s establishment Hopium pushers, know public opinion polls which paint Obama as “popular” are misleading. Warren Buffett is saying stop blaming George W. Bush for your own mess and inability to get out of the mess:

those polls are misleading. To see whether Obama has really changed the economic climate, watch how people behave. People are nervous, and they’re not spending. Since the stimulus bill passed, the consumer mood has not improved.

Dimocrats are worried too. They, via Dean/Brazile/Pelosi/Kennedy/Kerry, gifted Obama the Democratic nomination and ignored the Democratic grassroots. But even the most Hopium addled Dimocrat knows Obama’s “budget overview” proposals (we’ll get to see the real budget in April) are a huge stinking B.O. mess. Even Dimocrats will not vote for the Obama 2010 “budget overview“.

But it is not concern for the nation that is driving Dimocrats to abandon boob Obama. Dimocrats know Obama is taking them to an historic drubbing in 2010:

Democratic House members say they have less time to wait for signs of economic recovery than President Barack Obama , a conflict of timing that lawmakers say has become increasingly evident in their dealings with the White House.

They have been hearing from constituents about the gap between the pain they feel from the recession and the lack of improvement they see from the federal government’s enactment of trillions of dollars in spending to bolster entities ranging from banks to schools. [snip]

None of the lawmakers interviewed would claim the electoral motive for himself or herself but they said it is a general dynamic in caucus discussions with White House.

As we have written consistently, the United States needs a comprehensive economic plan that is easy to understand. Bill Clinton and Franklin Roosevelt explained their plans in a clear and detailed way. But Bill Clinton and Franklin Roosevelt knew what they were doing.

Obama, the HMS Pinafore pretend captain, will sink the American boat.

First, Obama will take down Dimocrats:

History has taught us that the fate of the president’s party in a midterm election, especially that first midterm, is intimately tied to his job approval ratings. Right now, President Obama’s are great, yet the latest Diageo/Hotline poll shows some weak spots that, if they grow, could bring them crashing down. [snip]

Yet, as many have noted in recent days, the latest polling shows that he’s more popular than his party or his proposals. Since the January Diageo/Hotline survey, congressional Democrats have seen a 7-point increase in their disapproval ratings, and their lead in the congressional ballot test has shrunk dramatically to 6 points from 24. House Speaker Nancy Pelosi’s unfavorable ratings have also gone up 9 points, and she carries an overall negative rating from independents.

This shouldn’t be all that surprising. After all, Obama’s popularity has always been rooted in the conceptual (hope and change), rather than the specific. This, in essence, has allowed voters to cut him a lot of slack.[snip]

Even so, there are plenty of factors that suggest Obama can get dragged down into that dangerous sub-50 percent approval category.

Big Media has done everything to prop up Obama but his approval ratings are in the normal range for presidents at this point. Big Media can only protect Obama, not the Dimocrats. Even as Howard Fineman hoists the “abandon ship” flag on Obama, it’s the Dimocrats that will suffer.

• Voters say they feel confident in his programs, but not overwhelmingly so. While 64 percent of voters in our poll said they were confident that Obama and his team can turn the economy around, just 19 percent said they were “very confident.”

• The 31 percent of voters who say they are paying attention to the various economic plans in Washington “very closely” are the most pessimistic about Obama’s economic programs, as well as Obama personally. For example, a bigger percentage of these voters who oppose Obama’s $75 billion plan to help prevent foreclosures are in the “very closely” category than those who are paying attention “somewhat closely.” Just 27 percent of those who give Obama a positive job approval rating are in this “very closely” category, while 42 percent of those who say they disapprove of the way he’s handling his job are in this group. In other words, there’s evidence that those who are the closest followers of the details are those who are more disapproving of the job Obama’s doing. It’s important to note that this group of voters is wealthier, better educated and slightly more Republican. Yet, remember, Obama did very well with these voters in 2008. He split with John McCain at 49 percent among those making $100,000 or more, and carried both college educated and post-graduate voters.

• Obama’s approval ratings among Democrats have been on the rise since January, with Pollster.com pegging him at 90.6 percent. But his disapproval ratings among Republicans and independents have been rising as well. According to Pollster.com, his disapproval ratings among independents is 26.1 percent and among Republicans it’s 54.8 percent.

• Finally, voters are less supportive of more government involvement in the economy than they were just a month ago. In January, 55 percent of voters were supportive; today it’s at 49 percent. Meanwhile, the number of people who say they think it’s a bad idea rose 8 points from 37 percent to 45 percent. So, how long does Obama’s glow survive? No one knows for sure, though many peg the summer as make-or-break. Until then, the reality is that the more scrutiny these programs get — and the more closely the details are followed — the harder it will be for him to keep those ratings up.

Abandon Ship! The boat is sinking because the captain is a boob.

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172 thoughts on “Abandon Ship! The Captain Is A Boob

  1. LOL…Admin,

    I love the title!

    And yet Hillary alone stands out as the only “best practice” for this newly formed corrupt congress.

  2. Yes, the proof now is in the results, and if they are bad, how he tried to recover from that (who he blames, and if he has a plan). Of course, some people will no longer be interested in his plan at that point.

    I guess the super delegates are starting to ween themselves off the Kool Aid.

  3. NMF,

    I see another PR tour in the offing. Anything to make the rabble like him again.

    Europe here we come!!!

  4. Joe Conason has always been a reliable voice for reason and progressive ideas that benefit ordinary folks. He has grown a bit weak kneed about the potential offered by President Shuck and Jive, but he still has a good head on his shoulders – and this article makes that clear. Dims are bad enough, but the troglodytes on the other side are simply beyond redemption.

    Mar. 11, 2009

    The New York Observer

    Dumbest Proposal Ever?
    By Joe Conason

    If President Barack Obama’s response to the economic crisis is imperfect, as he acknowledges, and if the Congressional Democrats leave much to be desired as well, then Americans can at least be thankful that the nation’s fate has not been consigned to the frozen minds on the other side of the aisle. Things are bad, and seem very likely to get worse—but the Republicans seem determined to plunge us into a real depression, gambling that catastrophe would return them to power.

    The leaders of the Republican party simply ignore flashing red warnings from the unemployment offices, whose reports now indicate that joblessness in this recession will soon surpass the worst of the 1981-82 slump. They complain about “earmarks,” a miniscule portion of the budget, and they suggest policies that would either have no effect at all or make matters much worse, even according to many of their own most venerated economists.

    From those Republican politicians often deemed most thoughtful, such as former House Speaker Newt Gingrich, comes a droning chorus for tax cuts on capital gains. This is the conservative panacea in good times and bad, but it is of little relevance to the problems of the moment. Investors are not fleeing the markets because they worry about enormous returns that will be subject to punitive taxation; they are abandoning stocks and real estate because those assets are deflating like punctured balloons. Until there is a real prospect of capital gains, cutting taxes on them will scarcely affect investment and jobs.

    Descending the intellectual scale brings us to the House minority leader, John Boehner. He responded to the frightening February data on job losses—more than 650,000 laid off in a single month—to demand a “freeze in government spending” and a presidential veto of the $400 billion continuing budget resolution.

    While Mr. Boehner said he understood that the mass firings meant worsening economic conditions, he seems more worried about “wasteful pork-barrel projects,” a problem that concerned him not at all when his party ran Congress. To him, an unemployment rate surging past 8 percent is a signal that the government should impose a spending freeze “until the end of this fiscal year.” A spending freeze, of course, is precisely the opposite of the policies pursued by the Republicans during the last recession, when their own political butts were on the line.

    So is Mr. Boehner suddenly crazy? Is he just economically illiterate? Or is he convinced, like the would-be revolutionaries of the Depression era, that the worse our general situation becomes, the better for his party? All three could be true at once, but his motivation matters less than his ideas, which would be ruinous to everyone if enacted.

    What makes someone like Mr. Boehner important and potentially dangerous is not that anyone takes his stupid advice seriously, but that he and his caucus can block or stall policies that might rescue us from the worst consequences of the bust.

    The fundamental issue not only in America but in the world economy is a crisis of demand. As the Nobel economist Joseph Stiglitz has explained—most recently at a panel in New York City sponsored by The Nation magazine and the Nation Institute—average wages have fallen for more than three decades. Among the results of that invidious pattern was rising indebtedness, as banks extended usurious credit to working families struggling to maintain their living standards. Years of rising inequality has upset the equilibrium that resulted in rapid and sustained economic growth for most of the postwar period in this country, and created a prosperous, well-educated and optimistic middle-class society.

    Back when America worked well, the gaps between the top and bottom of the income scale were far smaller, the public sector was more robust, the labor movement protected living standards and the rewards of work were more fairly distributed. There is only one way to stop the downward slide and begin to restore that proven pattern of economic dynamism with a wage-led recovery.

    Public spending, even unto additional trillions, is the only instrument available to prevent a global depression, assuming that we have not already forfeited that chance. The stimulus bill and the Obama budget are only first steps. We will need another strong shot of stimulus before the summer—not a spending freeze—and we can only pray that the president and the Congressional Democrats will have the guts to push the Republicans out of the way.

    jconason@observer.com

  5. turndown

    here is the transcript:

    h’s and w’s
    editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003949930

  6. I think one of the fatal mistakes here is they are trying to gauge Os success based on the old time frames in History. We have become a much more computer literate populations since then, and we expects result in a much quicker fashion. We want our news NOW and we want the recovery NOW. No one in the stock market expects to lose, they always expect to gain, and the same is true of the values of our homes.

    So the goal here is that stock and home values must return to there before slide numbers and gain, jobs must return, and we want it NOW.

    The start of this administration looks like they thought they had months to get this going, (not leading from day one). Also, regardless of how you nit pick at Hillary, her approval was practically seamless, her staff seem in place instantly, and her trips off and running.

    She appears to have the international environment ready. Now all O has to do is bring forward a plan, any plan, some plans. Maybe after he finds his BC, he can concentrate on getting together his plan.

  7. wbboei

    I used to feel exactly the way you do about Tim Geithner. That is one reason I was amazed at what I learned in that interview, and consequently how much differently I feel about him now.

    Not that I am enamored…but I do hear what he is saying, understand most of it, and mostly, understand what he is trying to do___and why.

  8. blue Says:

    March 11th, 2009 at 12:18 pm

    ———————————————-

    I’m beginning to wonder if any of these elected officials, including obama, have any understanding of economics. Sure they get a crash course when they enter the White House, but it doesn’t always sink in. So when electing men and women to these lofty positions, if we are just going by their catchy phrases, smiles, and hooks, then any economic step they take is going to kill the economy even more.

    What I’m trying to say is they don’t have a clue. They are greedy little guts, the lot of them, asking for pay raises in a time of depression, asking for pork and likewise disgusting intestinal freebees at the expense of each and everyone of us.

    And they wake up each morning “hoping” things will go well. They squeal like lemmings when “bad stuff” happens.

    They all, including wall street, the banks, etc… have hidden agendas and the expense to the ordinary family is going to be devastating.

  9. Admin: excellent article. The Fineman section caught my eye. I have always admired him for his . . . . . sad mornful eyes, stiff upper lip and boring commentary. I have always thought of him not so much as a journalist–after all he does work for Newsweek, but as a poster child for an Ex Lax commerical.

    Feinman claims Obama still has the approval of the people, but the establishment is beginning to mumble that the president may not have what it takes. [snip]

    Comment: what he has is the support of the polls–until you move from the issue of personna to the critical issue of governance. Then he has neither the support of the people or the polls. When you are as austere and subdue as Quaker Fineman, such details are hardly worth mentioning.

    But, in ways both large and small, what’s left of the American establishment is taking his measure and, with surprising swiftness, they are finding him lacking.

    Comment: oh now Howard, lets not jump to any obvious conclusions here. A seven thousand point drop in the stock market since he became the inevitable candidate is not the sort of thing to get jumpy about. Hows the ex lax supply holding out Howard?

    Obama may be mistaking motion for progress, calling signals for a game plan. [snip]

    Comment: the same can be said of a dog chasing its tail. Plus, it makes the rest of us dizzy.

    But there is only one question on this great test of American fate: can he lead us away from plunging into another Depression?

    Comment: flush it Howard. Wrong question. And you thought you could slip it by us. Heres the question my constipated friend: will he force us into a depression. The policies he is pushing are leading us toward one, not away from one. You pompous ass.

  10. What Obama needs to do is focus like a laser on the economy. Every day he does something different. Where’s the central theme?

    BTW, I’ll bet 90 percent of the “establishment” that now worries Obama is not up to the job voted for him over Hillary in the primaries. So now they have second thoughts? I don’t want to hear it. They can kiss my ass.

  11. I think we found out in the primaries that it is not the voters or the polls that elect a candidate in the primary, and sometimes in the general election.

    It is this group called super delegates, and the electorial college that do this. I don’t care what the voters or polling says, in this current democracy (if you can call it that) it is these other elite groups.

    If there are rumblings there, you are in trouble.

  12. emjay-

    two things–I wish now that I had seen the program you did. But the thrust of my comment was that he is in an untenable position and is likely to get scapegoated for the incompetence of other people.

  13. BTW, I’ll bet 90 percent of the “establishment” that now worries Obama is not up to the job voted for him over Hillary in the primaries. So now they have second thoughts? I don’t want to hear it. They can kiss my ass.
    ————————–
    Its why the guillotine was invented.

  14. Foreign minister to meet Clinton

    Wednesday, 11 March 2009

    Møller will meet with Clinton to discuss global issues such as the weakened economy
    Per Stig Møller will hold bilateral discussion with US Secretary of State Hillary Clinton

    Foreign Minister Per Stig Møller is due to meet his American counterpart, Secretary of State Hillary Clinton on Friday in Washington DC. A statement from the Foreign Ministry said the two would discuss ‘transatlantic relations and challenges’, including the military efforts in Afghanistan and the Middle-East. The US recently announced that it would boost its troop numbers in Afghanistan by 15,000. Denmark has about 700 soldiers stationed in the Helmand province, where some the toughest fighting against the Taleban has been seen.

    Møller will also use the opportunity to discuss global challenges such as climate change and the weakened economy with the top US foreign affairs delegate.
    The foreign minister met with Clinton twice last week at the Egyptian conference to raise money for the Gaza reconstruction effort and at the meeting of Nato foreign ministers in Brussels.

    cphpost.dk/news/politics/45031-foreign-minister-to-meet-clinton.html

  15. Wednesday, March 11, 2009

    Clinton loyalists lend Gillibrand a hand

    New York Sen. Kirsten Gillibrand gets the Clinton stamp of approval today when former president Bill Clinton headlines a fundraiser for her in Manhattan. Gillibrand, who was appointed by New York Gov. David Paterson to replace Hillary Rodham Clinton, has been getting some much-needed help from Clinton loyalists these days, according to a New York Times story. Hillary Clinton, of course, vacated the Senate seat to become secretary of State.

    Gillibrand is largely unknown in New York City and downstate, where voters hold powerful sway in Democratic primaries. The NYT notes that the former congresswoman — who hails from a conservative district — has taken positions on gun rights and immigration that have raised concerns among some black and Hispanic voters, two key Democratic constituencies.

    The Times reports that among the Clinton campaign veterans giving advice in unpaid roles: Howard Wolfson, who was Hillary Clinton’s spokesman during her presidential campaign, and Ann Lewis, a veteran of the Clinton White House.

    Gillibrand must run in 2010 to serve out the remaining two years of Clinton’s term. A recent Marist poll showed half of the New York electorate is unsure about the job Gillibrand is doing while 18% believe she is doing an excellent or good job.

    blogs.usatoday.com/onpolitics/

  16. We must remember the 8 Republicans and 1 Independent who voted for this Omnibus Bill come
    election time.
    A depression is what he is seeking, so the penniless, weak and demoralized citizens without hope want change and will accept ANY change – even totalitarian change. He was the RIGHTEOUS candidate of the youth, the Messiah of the AA, the Kingpin for the Chicago Corruption Combine, and MO’s puppet.

  17. Obama Announces Earmark Reforms, Defends ‘Imperfect’ Spending Bill
    The president did not make any pledge to eliminate earmarks or reduce them. Rather, he and House Democrats announced new reforms to subject them to greater scrutiny and transparency.

    FOXNews.com Wednesday, March 11, 2009

    President Obama on Wednesday announced new reforms he said would prevent wasteful earmarks, but spoke in support of the practice and defended what he called an “imperfect” spending bill passed by Congress — one loaded with thousands of earmarks. The president did not make any pledge to eliminate earmarks or reduce them. Rather, he and House Democrats announced new reforms to subject them to greater scrutiny and transparency. “Done right, earmarks have given legislators the opportunity to direct federal money to worthy projects that benefit people in their district, and that’s why I have opposed their outright elimination,” Obama said. “But the fact is that on occasion, earmarks have been used as a vehicle for waste, and fraud and abuse. Projects have been inserted at the 11th hour, without review, and sometimes without merit, in order to satisfy the political or personal agendas of a given legislator, rather than the public interest.”

    Obama said the reforms would require lawmakers seeking earmarks to post them on their Web sites in advance, so the public and press can review them. He said each earmark should be “open to scrutiny” at public hearings. “If my administration evaluates an earmark and determines that it has no legitimate public purpose, we will seek to eliminate it,” Obama said. He also said all earmarks for for-profit companies should be subject to competitive bidding requirements.

    The rest of the article can be found at:

    foxnews.com/politics/first100days/2009/03/11/obama-announces-earmark-reforms-defends-imperfect-spending/

  18. Obama the Boob just says what his teleprompter tells him to say. He doesn’t know WTF he’s doing. I don’t think he has an original thought in his brain.

  19. wbboei

    # Emjay Says:
    March 11th, 2009 at 2:10 am

    This is great!

    I finally learned something from Timothy Geithner.

    hxxp ://3 w’s
    .charlierose.com/guest/view/6583

  20. Dishonest to the core..Why didn’t he do this now?

    Obama said the reforms would require lawmakers seeking earmarks to post them on their Web sites in advance, so the public and press can review them. He said each earmark should be “open to scrutiny” at public hearings. “If my administration evaluates an earmark and determines that it has no legitimate public purpose, we will seek to eliminate it,” Obama said. He also said all earmarks for for-profit companies should be subject to competitive bidding requirements.

  21. nobody in the media but Fox and the online blogs are even questioning his downright LIE on the campaign trail about earmarks. Also his other big lies. I’m afraid Americans are too busy trying to figure out how to make ends meet to realize what exactly is going on now. I think he’ll get a pass, really I do. *shakes head sadly*

    Yes, he’s a boob.

  22. and so what if the lawmakers are required to post them on the website? If they get enough votes to pass them he’ll sign it even if it’s tatooed on his ass.

  23. wbboei Says:
    March 11th, 2009 at 9:45 am

    I forgot to pointout the anomaly of Missouri. The Republican (Bond) voted yes and the Dem (McCaskill)voted no.
    ——————————-
    Freckles: do you suppose both of them pushed the wrong button?

    ======================

    LOL !!!!!!!

    Note to self: go back to that timestamp and read both UP and down from it, as I’ve missed a lot of posts. And will miss more today, as I’m going out.

    It was in Monday, March 9th, 2009
    Obama Stem Cell Stimulus Lies

    Bless Admin and everyone! Party on Dover Beach!

  24. Sorry if this is a re-post but I just saw it today in The Nation:

    Without resolving the chicken-egg question of which came first, the housing crisis or the banking crisis, we can say that the pace of foreclosures is accelerating with the downward economic slide. Every thirteen seconds, an American loses his/her home. In 2008, more than 2.3 million families faced foreclosure. If the government doesn’t intervene in a muscular way, an estimated 6 million owners will lose their homes in the next three years. President Obama has proposed to attack the crisis with a $75 billion initiative, the Homeowner Affordability and Stability Plan. A commendable effort to directly address the problems faced by homeowners, the bill nevertheless has inherent limitations on who can benefit from it.

    As a kind of home remedy, so to speak, The Nation and the Association of Community Organizations for Reform Now (ACORN) have issued a useful list of ten ways to prevent or fight foreclosure.

     1 Make sure your loan has a fixed rate of interest and not a variable rate. If it has variable rate, work with your mortgage lender to get it to a lower fixed rate.

     2 Seek out HUD-certified counselors when you are thinking of refinancing. Contact only nonprofit agencies such as the Legal Aid Society. You do not have to pay a fee to get out of foreclosure.

     3 If you are being foreclosed, call the ACORN foreclosure hot line immediately, at (347) 410-5894.

     4 Do not take out loans that are beyond your financial means. Do not make payments to any institution except your lender.

     5 If you are a renter in a house that has been foreclosed, your landlord must give you notice before evicting you. Once you are given notice, find out how much time you have–the laws vary from state to state. Click here for renters’ rights in a particular state. Go to nolo.com, for more information. (If you have info or resources on renters’ rights, please send an e-mail to NationTenThings@gmail.com.)

     6 Avoid companies that promise a quick fix. Go to Fraud Guides to see a list of scams.

     7 If you believe you are in a foreclosure scam, contact a lawyer immediately. Visit the National Association for Consumer Advocates or the Institute for Foreclosure Legal Assistance. Always use an attorney with a background in representing families in foreclosure.

     8 Stay in communication with your bank, and always ask questions when you don’t understand something that was said or something that you read. Go to the Center for Responsible Lending for an explanation of foreclosure terms.

     9 Support ACORN and other organizations that assist families with foreclosures: Center for Community Change, Take Back the Land, National Low Income Housing Coalition, Housing Assistance Council and National Housing Law Project.

    Watch testimonials on the Brave New Films website, fightingforourhomes.com.

    10 Call your local ACORN chapter for help. Volunteer to be a home defender in your area. Display an ACORN Foreclosure-Free Zone sign in front of your house or apartment. Tell family and friends facing foreclosure to seek counseling from ACORN, and tell Congress to keep families in their homes. Go to acorn.org and click here for more information on advocacy.

    CONCEIVED by WALTER MOSLEY
    with research by Rae Gomes

    http://www.thenation.com/doc/20090323/ten_things

  25. March 11, 2009 12:47 PM Posted by Brian Montopoli

    Biden Introduces Drug Czar Nominee

    (CBS)Lauding him as the most qualified person to reduce illegal drug use in the United States, Vice President Joe Biden today introduced the Obama administration’s nominee to be the new drug czar, Seattle police chief Gil Kerlikowske. Biden, who was central to the creation of the Office Of National Drug Control Policy, said the economy suffers $350 billion a year in costs resulting from drug and alcohol abuse – and said there is an “even bigger cost in human suffering.”

    Kerlikowske, meanwhile, said that reducing illegal drugs is “largely dependent on our ability to reduce demand for them – and that starts with our youth.” He referenced on his own stepson Jeffrey’s drug arrests, noting that “in my own family, I have experienced the effects that drugs can have on our youth, our families and our communities.”

    According to the Washington Times, Kerlikowske’s stepson is now being held without bail in a Florida jail, apparently because of a parole violation. As director of the Office Of National Drug Control Policy, Kerlikowske would coordinate drug policy across the government. The nomination is subject to Senate confirmation. Kerlikowske has been Seattle’s police chief for nine years and has 36 years of law enforcement experience, and during his tenure in Seattle crime rates have fallen to record lows.

    Biden stressed that Kerlikowske faces “daunting” challenges in the Southwest thanks to drug trafficking from Mexico, a concern echoed by President Obama in a statement on Kerlikowske’s nomination. “With escalating violence along our Southwest border and far too many suffering from the disease of addiction here at home, never has it been more important to have a national drug control strategy guided by sound principles of public safety and public health,” the president said. “We must demonstrate to our international partners, the criminal organizations threatening to undermine stability and the rule of law in those nations, and the American people, that we take seriously our responsibility to reduce drug use in the United States.”
    Biden, who lauded drug courts, prisoner re-entry programs and the Community Oriented Policing Services (COPS) program in his remarks, added in a statement that Kerlikowske “understands that combating drugs requires a comprehensive approach that includes enforcement, prevention and treatment.”

    President Obama has specified that drug czar will no longer be a Cabinet-level position, as it was under President George W. Bush, though the White House stresses that Kerlikowske will have direct access to the president.

    cbsnews.com/blogs/2009/03/11/politics/politicalhotsheet/entry4859510.shtml

  26. JanH Says:

    March 11th, 2009 at 1:06 pm

    President Obama on Wednesday announced new reforms he said would prevent wasteful earmarks, but spoke in support of the practice and defended what he called an “imperfect” spending bill passed by Congress — one loaded with thousands of earmarks.
    &&&&&&&&&

    Obama: “I was against the earmarks before I was for them”.

  27. JanH Says:
    March 11th, 2009 at 3:40 pm

    Biden Introduces Drug Czar Nominee
    &&&&&&&&&

    I always thought Huggy Bear would be an excellent “Drug Czar”. “Yo, this stuff is real clean”.

  28. March 11, 2009 12:50 PM

    John Edwards Speaks On Poverty And Moral Standards

    (CBS)

    Former presidential candidate John Edwards appeared in public for the second time since August, speaking about poverty at Brown University Tuesday. He asked his audience of 600 to get involved in this “fundamental moral issue,” reports Barbara Barrett of McClatchy Newspapers. Edwards spoke of poverty on a global scale and offered some anecdotes illustrating what he’s been doing over the past few months. Among the most striking was his description of wrapping the bodies of dead children in a Haitian slum in December.

    Of course, the elephant in the room was the revelation that did major harm Edwards’ reputation – his affair with campaign videographer Rielle Hunter. During the question and answer period, one student who claimed to have worked for Edwards’ campaign asked if politicians need to be held to higher moral standards. Edwards gave an indirect response. “I don’t think it’s for a candidate to decide what’s appropriate,” the Herald quotes Edwards as saying. “It’s something for every American to decide for themselves.”

    The affair, revealed during the summer, did severe damage to Edwards’ credibility. Since it was revealed, he has only done one public event before his appearance at Brown, a lecture at Indiana University for which he was paid $35,000. The Brown Lecture Board declined to comment on the fee for Tuesday’s speech.

    Edwards also talked about the American health care system, which he called “completely dysfunctional,” and the country’s reliance on foreign oil. Of the current fuel situation, Edwards said, “it is not just an environmental nightmare, but something that has a stranglehold on the U.S. economy.”

    Edwards also outlined his plan for the future and said that he would fight global poverty “until the day I die.”

    cbsnews.com/blogs/2009/03/11/politics/politicalhotsheet/entry4859393.shtml

  29. Obama: “I was against the earmarks before I was for them”.

    ————————————-

    LOL…too funny!

  30. try looking at Taxpayers for Common Sense, a non-partisan site with full listing of earmarks by agency, state, or lawmaker.

    VERRy interrresting……………

  31. forget about a breakout on the upside for a while…looks like the boomers, their funds and day traders are selling into any decent highs.

  32. Obama another president with a learners permit.We must prepare an expiration date for it and soon.He is the reading eagle with a prepared script by a low level livery stable pitch fork writer.

    By ABM90 The rest of the world is laughing while enjoying the best SoS we have ever produced.Hillary it is all yours now and do not be swayed the MSM and its wrecking crew of scumbag mouthpieces.

  33. ABM90,

    In his case there should have been a probation period, after which we can throw him out on his you-know-what. He definitely receives a F- so far.

  34. Emjay- thanks for posting the Charlie Rose link

    Charlie Rose tripped Geithner up a few times as his ‘snake oil’ wasn’t going over too well with Rose.

    Apparently, Geithner thought Rose a neophyte about his knowledge of the current Financial Crisis and pressed his luck glossing over the bumps in the road using his 5 yr tenure at the Treasury as a resume quantifier. Charlie was his usual cordial self which was refreshing yet far and away from the usual bobbleheads agreeing with Geither’s hubris.

    My blood began boiling as Geither midway through the interview again was blaming the people for this catastrophic tragedy, when in fact the blame lays squarely on the Banks and their toxic derivatives.

  35. Interesting graph:

    http://www.rasmussenreports.com/public_content/politics/obama_administration/daily_presidential_tracking_poll

    The Rasmussen Reports daily Presidential Tracking Poll for Wednesday shows that 37% of the nation’s voters now Strongly Approve of the way that Barack Obama is performing his role as President. Thirty-one percent (31%) now Strongly Disapprove giving Obama a Presidential Approval Index rating of +6, his lowest rating to date (see trends).

  36. AARP has “suspended for now” corporate contributions to its employee’s 401k plans.

    Announced today.

  37. NewMexicoFan Says:

    March 11th, 2009 at 6:34 pm
    birdgal

    Isn’t that a little early in his term to have this slide?

    ———————————————————————————-

    I don’t know, but most of the decline has been with Republicans and Independents. Other sources report on how well he is doing. I guess, it depends on one’s frame of reference. If he wasn’t such a hypocrite and slime bag, it might be easier to be more objective.

  38. Telebama.We know nothing about him,where he is from but we sure know where he is taking this country and he must be removed from office before he destroys every thing we cherish and many have died for in its defense from foreign invaders .Is he one of them?

    By ABM90 Wealth distribution is his goal to his supporters and their slogan is “The best things in life are FREE”. It’s in the mail,suckers.

  39. BTW, the newest issue of the Enquirer reports that Edwards admitted to his wife that the kid is his. Well, duh …

  40. Paula

    I briefly met his wife when she was here in 2004. She appeared to be a nice real person. She deserves better.

  41. Paula Says:

    March 11th, 2009 at 8:01 pm
    BTW, the newest issue of the Enquirer reports that Edwards admitted to his wife that the kid is his. Well, duh …

    ———————————————————————-

    DUH! The Enquirer is more reliable than MSM. That is sad, when tabloid news is more accurate.

  42. If Edwards’ affair had come out before Iowa, Hillary would probably be sitting in the WH right now.

  43. Paula Says:

    March 11th, 2009 at 8:05 pm
    I agree, NMF. Edwards is scum.
    ——————————————————————

    He has lost all credibility.

  44. Sorry about the repeat.

    I forgot to ask…who were the lucky “regular people” who got invited to the Wednesday night White House salon last night. Were arugula and caviar on the menu or the same ole same ole cream-fed imported beef?

    Any one in the know?

  45. Paula, birdgal

    I worked in Iowa, and went to a rally he had there. It was not large. You are right, I think he knew in advance he was not a front runner, and he fed his own interest by staying in that race.

  46. The report on Rasmussen:The Rasmussen Reports daily Presidential Tracking Poll for Wednesday shows that 37% of the nation’s voters now Strongly Approve of the way that Barack Obama is performing his role as President. Thirty-one percent (31%) now Strongly Disapprove giving Obama a Presidential Approval Index rating of +6, his lowest rating to date (see trends).
    ________________________________________
    40% will always poll positively and vote pro the Huckster. Those are the freeloaders that do not pay taxes and are expecting him to tuck them into bed at night.He can walk on water or not, they don’t care.
    31% that now strongly disapprove are likely Republicans and us – except they never poll us now do they?
    And the rest are the appropriaters and Dimocrats.

  47. WP: Obama Creates White House Women’s Council [ Jarrett ]
    The Council will be chaired by Valerie Jarrett, a senior adviser and personal friend to the president, and the day-to-day operations will be run Tina Tchen, who is currently director of the White House Office of Public Liaison and was a major fundraiser for Obama during the campaign.

    http://voices.washingtonpost.com/thefix/2009/03/obama_creates_white_house_wome.html?wprss=thefix“,,0,0,,,,

    Comments here: link at the bottom to sign in to make a comment. We’ve had alerts here before.

    Here is some background on Jarrett and some other Obama advisors:

    No Quarter had this article about Jarrett, written by Lena Grove
    http://www.noquarterusa.net/blog/2008/11/15/valerie-jarrett/

    Here are other places to comment on this issue:
    http://www.google.com/search?rlz=1C1GGLS_enUS301US305&sourceid=chrome&ie=UTF-8&q=Jarrett+women+“a+comment”

  48. Mar 11, 9:12 PM EDT

    Feds spending millions on Kennedy legacy in Mass.

    By STEVE LeBLANC
    Associated Press Writer

    BOSTON (AP) — More than one out of every five dollars of the $126 millionMassachusetts is receiving in earmarks from a $410 billion federal spending package is going to help preserve the legacy of the Kennedys.

    The bill includes $5.8 million for the planning and design of a building to house a new Edward M. Kennedy Institute for the Senate. The funding may also help support an endowment for the institute.

    The bill also includes $22 million to expand facilities at the John F. Kennedy Presidential Library & Museum and $5 million more for a new gateway to the Boston Harbor Islands on the Rose Kennedy Greenway, a park system in downtown Boston named after Kennedy’s mother and built on land opened up by the Big Dig highway project.

    A spokeswoman for Sen. Kennedy, who at 77 is battling brain cancer, said he hadn’t requested the money for the library and institute, and that there are dozens of other earmarks in the spending bill for homeless services and communityhealth centers.

    The $22 million JFK library earmark was sponsored by fellow Massachusetts Democrat Sen. John Kerry, who is also a top sponsor for the money for the Kennedy Senate Institute. Kerry defended the library project, which he said is needed to upgrade the facility.

    “This National Archives project will eliminate the worst archival storage space problem in the presidential library system and it will facilitate six years of work to expand the library,” Kerry said in a statement. “This shovel-ready project will also bring much-needed jobs to the area.”

    A proposal to build a national institute on the U.S. Senate and to name it after Kennedy has been under discussion since 2003, but accelerated after Kennedy was diagnosed with cancer.

    Local officials last year announced they were seeking up to $100 million to build the institute, which they said would focus on the Senate in general and Kennedy’s more than four decades of service to the body. The facility will be located in Boston on a four-acre plot near the JFK library.

    About $20 million has already been raised for the institute,

    including contributions from drug companies, insurance companies and hospitals. Tentative plans called for a replica of the Senate chamber itself, as well as programs to train new senators.

    hosted.ap.org/dynamic/stories/S/SPENDING_KENNEDY_LEGACY?SITE=FLTAM&SECTION=US

  49. The report on Rasmussen:The Rasmussen Reports daily Presidential Tracking Poll for Wednesday shows that 37% of the nation’s voters now Strongly Approve of the way that Barack Obama is performing his role as President. Thirty-one percent (31%) now Strongly Disapprove giving Obama a Presidential Approval Index rating of +6, his lowest rating to date (see trends).
    —————————
    Two months into his intergalatic, epochal, historic, gamechanging, neat, cool, hip hip hu-ra, and hallelja we are cleansed now of our real or imagined sins presidency the object of all this unearned hype, hope and affection is starting to look little . . . how shall I put it . . . POLARIZING. 1/3 STRONGLY DISAPPOVE, I/3 approve and the remaining 1/3 will get it eventually. Not good news for Mr Obama et ux.

  50. djia Says:

    March 11th, 2009 at 9:52 pm

    —————————————

    That is not only disgusting, but the Kennedys should be ashamed of themselves for not taking a pass on this wasteful spending.

  51. # djia Says:
    March 11th, 2009 at 9:54 pm

    NOW WE KNOW WHAT TEDDY [JUDAS] GOT……THAT’S A LOT OF SILVER

    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

    I can only hope the outrage of MA residents in this dire time of homelessness prevent the monument (the senate replica) from being built and the money spent elsewhere for charitable causes and for people in need that take precedent over Teddy’s gargantuan appetite for self-aggrandizement.

    After all, the are many more Kennedys in public service. Teddy isn’t the best or the last of them!

  52. Paula, the sole purpose of an election is to provide the appearance of a mandate to one of the two candidates whom the elite has preselected. A mandate is desirable because it confers upon the elected candidate the appearance of legitimacy, and public support needed to govern. We call this a democracy but it is in fact a republic and although much is done in the name of the people they have little say in the matter of governing.

  53. I was pretty disgusted, when I read that article on Yahoo News about Kennedy. I have lost all respect that I ever had for the name Kennedy. Seem to be, a group of robber barons. Ted Kennedy has not been that great, and he certainly does not deserve that type of monument and amount of money dedicated to him. What a waste of money. Propping up a murderer and narcissist.

  54. I WONDER IF WE WILL FINALLY SEE MORE AND MORE ARTICLES IN MAIN STREAM ABOUT THIS [BIRTH CERT. ISSUE] NOW????

    Bloggers Bashing Martinez Over Obama Birth Certificate

    Martinez announced in December that he will not seek re-election in 2010.

    By WILLIAM MARCH | The Tampa Tribune

    Published: March 11, 2009

    Related Links

    * March On Politics
    * Obama To Sign Spending Bill

    Florida Sen. Mel Martinez is being bashed on right-wing blogs because of his answer to a constituent who asked him about the persistent rumor that Barack Obama wasn’t born in America.

    Martinez’s response to the question, in the form of a letter, has been circulated since early December, but has recently blossomed in the echo chamber of the blog world. Posters have copied it from one blog to another in the last few days – WorldNetDaily, SlantRight, RightPundits.com and more.

    Despite Obama’s published birth cetificate and well-documented personal history, some opponents have long contended, based on little if any evidence, that he was born in Kenya – or in some cases Indonesia – and therefore isn’t eligible under the Constitution to be president.

    According to the blog postings, a constituent asked Martinez about that. His response was that a court had dismissed a voter’s lawsuit on the issue, and that the Constitution provides no other enforcement mechanism except for vetting by the voters.

    In the letter he currently sends to constituents on the issue, provided by his office, Martinez states, “Courts have concluded that only ‘a candidate or his political party has standing to challenge the inclusion of an allegedly ineligible rival on the ballot.’ … Courts have further concluded that, short of a challenge by another candidate, it falls to the voters to decide whether a particular presidential candidate is qualified to hold office.”

    The bloggers say that’s not good enough.

    “Senator Mel Martinez has laid the vetting of President Obama’s citizenship on the people of the United States,” wrote a Rightpundit blogger. “Does Congress assume responsibility of anything?”

    Martinez’s office didn’t have any further comment on the blog attacks.

    w w w 2.tbo.com/content/2009/mar/11/bloggers-bashing-martinez-over-obama-birth-certifi/

    *********************************************************************

  55. # djia Says:
    March 11th, 2009 at 9:54 pm

    NOW WE KNOW WHAT TEDDY [JUDAS] GOT……THAT’S A LOT OF SILVER
    ———————–
    The bastard can afford to build his own cathedral, pyramid, or monument with his own money. The public at large owes him nothing. Nothing whatsoever.

  56. Emjay Says:
    March 11th, 2009 at 12:20 pm

    turndown

    here is the transcript:

    h’s and w’s
    editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003949930

    ====================

    Thank you very much, as usual!

  57. NMF

    pooor kerry………..he seems to be stuck to the wheel of the bus as they just keep going ” round and round” LMAO

  58. It is SO charitable to characterize Obama as “mistaking motion for progress” when “motion” is the entire razzle dazzle game plan! All of the multi-million dollar plane trips and partys and celebrity functions and photo-shoots and magazine covers and delegating all of the decisions to anyone else and on and on – (excuse me while I scream) THAT’s IT – that’s all he’s got. I cannot fathom why it is taking so long for so many people to catch on. I cannot believe that we will have to live through every broken campagin pledge (lie) over and over while the press makes excuses for him right up until the point that we all get to just drown in the putrid absurdity of it all. The truth is, Obama has already accomplished all that he set out to do. The rest of all that hard stuff – not part of his game plan. In fact, once he became president, the game was over. The rest of the world is just beginning to painfully wake up to that fact.

  59. Despite Obama’s published birth cetificate and well-documented personal history, some opponents have long contended, based on little if any evidence, that he was born in Kenya – or in some cases Indonesia – and therefore isn’t eligible under the Constitution to be president.
    —————————
    This paragraph by William March of the Tampa Newspaper epitomizes all that is wrong with big media.

    Obamas well documented personal history is not well documented.

    Obamas bios are self serving tipe that fail to answer pertinent questions.

    Obamas school records are nowhere to be found.

    Obamas birth certificate is fraudulent and has been proven to be such.

    Obamas paternal grandmother says he was born in Kenya.

    William March is either intellectually dishonest, or lazy as hell, or both.

    He does not deserve a paycheck or a readership. He deserves a pink slip.

  60. About $20 million has already been raised for the institute,

    including contributions from drug companies, insurance companies and hospitals.
    ————————————————————————————————–

    Special interests anyone???

  61. DISS DISS DISS……OH HOW WE HATE ANY FORM OF DISSENT EVEN FROM OUR FOREIGN ALLIES

    Brits Officials Can’t Get Obama Folks on Phone, U.S. Media Not Picking Up Either
    By Warner Todd Huston (Bio | Archive)
    March 11, 2009 – 03:05 ET

    If the snub of British PM Gordon Brown at the hands of President Obama and his wife weren’t enough, now British Cabinet Secretary Sir Gus O’Donnell is saying that Downing Street is finding it “unbelievably difficult” to get hold of officials from Obama’s administration. British officials can’t seem to ever get past the administration’s answer machines as they call here to try and coordinate plans for the coming G20 summit.

    In frustration O’Donnell said that that when he tries to get in touch with key members of Obama’s Treasury Department “there is nobody there.” The phones ring and nobody answers or they get messages and that is all. “You cannot believe how difficult it is,” O’Donnell told participants at a civil service conference.

    While the Obama Administration ducks the Brit’s phone calls, the U.S. media also seems to be ignoring this story as they’ve widely ignored several of the stories that detail the new administration’s offhanded treatment of our closest ally.

    Attempting to re-spin O’Donnell’s pique, Downing Street replied by reiterating that the relationship between Britain and the Obama administration is perfectly fine. Officials also claimed that O’Donnell was critiquing the American system of replacing key officials with each new administration.

    The Old Media in this country, though, seems uninterested in this story. This isn’t surprising because they’ve been systematically ignoring many of the stories coming from England detailing the deteriorating relations between the Obama administration and British representatives.

    First Obama dissed the Brits by summarily returning her generous loan of a bust of Churchill to adorn the Oval Office. Along with the gift gaffes that Michelle and Barack perpetrated when the Brown’s visited and the Obama official that told British authorities that they weren’t “special” to the U.S., this story is all over the European media but is not making much of a splash on this side of the Atlantic.

    One has to wonder why the Old Media in the U.S. is not too interested in these stories of how Obama is dissing the Brits? Could it be that President Obama is not living up to the campaign promise that he’d “fix” our international relations and that truth does not appeal to the delicate sensibilities of the U.S. media?

    newsbusters.org/blogs/warner-todd-huston/2009/03/11/brits-officials-cant-get-obama-folks-phone-u-s-media-not-picking

  62. WRITE YOUR ” I’M SORRY FOR THE UN-PREZ BOOB” LETTER TODAY

    British Embassy

    3100 Massechussetts Avenue, NW

    Washington, DC 2008

  63. # djia Says:March 11th,
    2009 at 10:23 pm

    Kennedy’s make me furious !!makes one wonder WHAT IS KERRY GETTING OUT OF THIS???

    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

    Those two, the Pathetic Twin Towers of Massachusetts. Kerry is one sick sycophant.

    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

    This link needs to be embedded, please, Admin. You need to hear the petty, jealous remark made by MO to Hillary at the International Women’s Awards Ceremony. After Hillary gave MO a most gracious introduction to the audience.

    Call me crazy but I took the words as a supercilious digg in the mode of double entendre.

    http //link.brightcove.com/services/link/bcpid1705667530/bctid15389713001

  64. wbboei Says:
    March 11th, 2009 at 10:43 pm

    EXACTLY!!

    birdgal Says:
    March 11th, 2009 at 10:45 pm
    Special interests anyone???

    PAY FOR PLAY????

  65. Brits Officials Can’t Get Obama Folks on Phone, U.S. Media Not Picking Up Either

    ————————-

    How the heck is Hillary supposed to continue cleaning up after obama’s diplomatic messes if he doesn’t learn from them?

  66. djia Says:

    March 11th, 2009 at 11:00 pm

    PAY FOR PLAY????

    ————————————————————

    Is there any other way in the corrupt government? Kennedy has a lot of stocks invested with the drug companies.

  67. The local news was going to report on the recent initiatives that O was announcing about pork. However, they showed this small snatch of a video where he literally swaggered up to the microphones. The body language told it all. He is so full of himself over nothing. If you look at the same video of other great leaders, I doubt that you will see that. To me it was a definite sign of an insecure person trying to act important and big. Dangerous body language from a person who has done so little.

  68. LOOKS LIKE THE NYT SOCIALIST QUESTION HIT A NERVE…. A BIG NERVE!!

    Yes He Is Obama calls himself a New Democrat and shows what it means.
    By Bruce ReedPosted Wednesday, March 11, 2009, at 3:06 PM ET

    For conservatives still trying to fit Barack Obama into their old tax-and-spend-liberal box, Tuesday was a very bad day. In the morning, the president gave a tough-minded education reform speech demanding more accountability from schools, teachers, students, and parents. The same afternoon, he brought members of the House New Democrat Coalition to the White House and told them,“I am a New Democrat.” According to Politico, Obama went on to describe himself as a fiscally responsible, pro-growth Democrat who supports free and fair trade and opposes protectionism.

    So much for the ridiculous talk-radio bid to dub Obama a socialist.

    read the rest if you want?? slate.com/id/2213474/

  69. I sometimes wonder whether I spend too much time complaining about big media and the damage they are
    doing to our democracy. When I have those doubts, I find it useful to step back for a moment and observe. Before long they do something more and more to undermine our country. Its then that I realize this is not an extended whine at all but a superceding indictment.
    .

  70. I do not see Bruce Reed as the final authority on anything except how the Snake River flows through Idaho.

  71. wbboei Says:
    March 11th, 2009 at 9:09 am
    turndown said:
    Where’s Summers, to whip Obama into either doing his prep or letting the grownups do something? Caught, like Hillary, by the noblesse oblige, I betcha.

    wbboei replied:
    I have a different take on the position Hillary is in.

    I think her position is potentially problematic for this reason. Mr Obama will not listen to common sense.

    When someone in her position cautions him against doing something which is unwise and potentially disasterous, his unfailing response will be this:

    I can make them believe anything I want them to believe. That is precisely what he will say. And then he will do it, and Katie bar the doors.

    This will happen. Count on it. It will occur when he goes foraging on the international scene against the best judgment of others. He will step into a trap, and we will be in trouble.

    I dont know what she does then. I dont. What would you do? If I was not convinced before that the country is being run by an eleven year old who has never had a marine helicopter-

    Then surely his lets have tea and crumpets with the Taliban and bring CNN with us is uncontrovertible evidence that he spells trouble.

    ==================

    I’m sure you’re right. Sorry I was lazy above. I meant, Hillary and Summers don’t just shrug and walk away from the administration — because of their sense of duty.

  72. wbboei said:
    I hope Palin runs against Murkowski and wins. Murkowski is tainted. Like her father before her she is tied to the corruption which has been endemic in Alaska politics. I have some confidence that Palin would clean it up.

    =================

    I feel Palin is better off as Gov of Alaska which she IS cleaning up all by herself as Gov, instead of becoming one of 100 in the Senate.

  73. Is there any other way in the corrupt government? Kennedy has a lot of stocks invested with the drug companies.
    ——————————
    I am impressed that you know that Birdgal. Many people do not. Another little known factoid. W has big holdings in the Drug Industry too. If you comb through Teddys record you will find times when he used his senatorial position to punish competitors of companies he owns. I have had doctors tell me this and one of the companies he leanded heaviest on was UpJohn. This was in the late 1980s.

  74. So much for the ridiculous talk-radio bid to dub Obama a socialist
    *********
    The people who call Obama a Socialist, Commie , etc. don’t have a clue about Obama. He is a sociopath who only care about Obama also he is too lazy to have spent the time to have formed a political philosophy.

  75. Maybe so Turndown. She would probably have a tough time in the Senate. Since the days of Andrew Jackson it has been hard for grass roots populists from frontier states to ply the currents and eddies of Washington DC, and the social circuit ruled by such creatures as the great horizontal and her more recent incarnation the priestess with the leastest and once upon a time Elsa Maxwell:

    They would go to Elsa Maxwells
    When they had an ax to grind
    They could always grind their ax wells
    At the parties she designed
    Now the hatchet grinders all prefer to call
    On the hostest with the mostest on the ball

  76. The people who call Obama a Socialist, Commie , etc. don’t have a clue about Obama. He is a sociopath who only care about Obama also he is too lazy to have spent the time to have formed a political philosophy.
    ——————————
    That is exactly what he is–a sociopath and a chameleon who is unconstrained by any political philosophy.

  77. wbboei Says:

    March 12th, 2009 at 12:02 am
    Is there any other way in the corrupt government? Kennedy has a lot of stocks invested with the drug companies.
    ——————————
    I am impressed that you know that Birdgal. Many people do not. Another little known factoid. W has big holdings in the Drug Industry too. If you comb through Teddys record you will find times when he used his senatorial position to punish competitors of companies he owns. I have had doctors tell me this and one of the companies he leanded heaviest on was UpJohn. This was in the late 1980s.

    ————————————————————————————-

    Wbboei: I’m not sure where I read that, but it was in the past few months. Open secrets? It was a posting of the salaries of senators, and listed the most wealthy ones. In that article, it was listed that Kennedy had a known wealth of at least 42 million dollars, and had holdings in some of the drug companies. Most of the senators are very wealthy, worth is in the millions and millions of dollars. I have absolutely no respect for Ted Kennedy.

  78. It is false, misleading and counterproductive to attack Obama as a communist or a socialist.

    In these uncertain times socialist is not a dirty word to much of the electorate. They do not perceive the dangers in a system of perverse incentives.

    But most people have reservations about entrusting their future to a sociopath–if the case can be proven. Therefore, that is the effective political argument and it is also the true one.

  79. Palin didn’t have a easy time getting to be governor of Alaska and she didn’t run away from the fight, she continues the fight
    proudly, it is what Americans fell in love with about her. exactly why we love hillary so much……..she’s a fighter for the people
    she is good against evil.

    It is what America will be looking for come 2012 in the next “one” they choose to clean up after the bush lll /obama l devestation and it’s OVER exposure to evil.

    I think Palin can handle the senate just as Hillary did… and both would be a welcomed and sought after breath of fresh air as President….. I believe they are both destined to be history changing women of our time.

  80. What we need is for someone to write a book like Peyton Place about the Washington Social Set. It would take them down off their high moral horse, and put them on the defensive which is where they belong.

  81. Wbboei

    I think it is only the far left that is not afraid of “socialist” tags or ways….. as they were the only ones who voted for him

    the rest of the country rebuked him at the poll… some of which did so because they believed he was a socialist and a “narcissist”

    either way…… socialism is being talked about way too much now…. it is going to loose its potency eventually
    [ is that the media’s plan??]

    which is why i tend to agree with your point on how it is counterproductive

  82. dija–I would like to believe it. But I have lived through a small chunk of it before. Its a tall order. But for the concerns mentioned, she is the best senator Alaska could have. The incumbent is conflicted with oil interests and is only there because of her father.

  83. Could that pic of MO glancing at Hillary at the State Department today leave any doubt the utter contempt she has for Hillary. This despite Hillary recently complimenting her as First Lady and mother. I believe , as someone posted last week, BO seeks her affection while MO , a true smiling mumba, seeks to discredit her at every opportunity. I shall never forget or forgive her refusing to offer to endorse Hillary if Hillary became the nominee….Contrast her behavior and classlessness , to how hard Bill and Hillary worked to help BO, and you see the loathsome, petty, , “it’s our time” politics this woman used against our beloved Bill and Hillary.

  84. agreed she is the best senator alaska could have

    but if she stayed there, what could we [the country] possibly be missing out of?

    I think Palin could be great inspiration and a guiding light….a leader…. and should not be “hidden” away up in alaska.

  85. dija: you are right. I do not want to let them frame the issue. I want to nail him as a sociopath. Frankly that is far more frighthening. The very fact that he changes positions as often as he does, has no qualms about sidling up with people who commit mahem and murder–those little gems get you half way there. The issue is character.

  86. blogs.dailymail.com/donsurber/2009/03/11/thereisnobodythere/
    (yes, I know this is a conservative site…however as stated:)

    Barack Obama is too busy posing for magazine covers to actually do the job to which he was elected.

    There is a price to be paid when a president throws a party every other night, weekends in Chicago or Camp David and poses for magazine cover after magazine cover.

    After 51 days in office, Barack Obama has appointed only 73 people to 1,200 jobs that require Senate confirmation.

    If they require Senate approval, they are important jobs.

    But Obama is too busy to properly vet the people and appoint them to fill the jobs to get the work done.

    That is his job.

    And he shirks it.

    And now we pay the price.

    The London Independent reported: “Last week, it was all smiles and handshakes as Gordon Brown and President Barack Obama put on a show of unity in Washington.

    “But yesterday, Sir Gus O’Donnell, Britain’s most senior civil servant, exposed transatlantic tension when he protested that Downing Street was finding it ‘unbelievably difficult’ to plan for next month’s G20 summit in London because of problems tracking down senior figures in the US administration. ‘There is nobody there. You cannot believe how difficult it is,’ the Cabinet Secretary told a civil service conference in Gateshead.”

    If our allies cannot reach us because Barack Obama has failed to appoint someone to answer the phone, how are we to have any friends in the world?

    And yet this naïf little twit who barely qualifies to be a back bencher in the Illinois legislature had the nerve to tell reporters last week: “President Obama has accomplished more in 30 days than any president in modern history.”

    …the article continues…

  87. wbboei

    as hard as this is to say it will be to hear and follow through with as well.

    In agreement with your thoughts…… the time is not now to frame obama as a sociopath or a narcissist
    By beating the drums even softly at this point in time [his first year] is a great risk to loose the best argument we have to sway public opinion at election time.

    America needs time to WAKE UP more…. this is beginning to happen!!!

    the best thing the GOP can do is go back to the root of their principles and focus on that and stand on those principles to stop the left dimocrats at every opportunity….but i hate to say it, but i will……they need to give obama enough room to make eye opening mistakes to have any chance at all against him and his kind come 2012

    they need to be reminded that two wrongs do not make one right.

    by 2010 if obama has not been impeached or the truth of his birth has not been made public by then

    IMHO , then it will be time to start to move into position, surround him and his ILK, once we [America] are in that position then we will be in place to show obama as the narcissist sociopath that he is….. it will be time to take the mask off the great pretender and defeat him and the dimocrats.

    in the mean time, IMHO we need to sway the 2010 elections first…… we need to get the right people in their places to make it all happen

  88. Dija: here is an obscure example of what I am talking about. It relates to the Nuremberg trials at the end of World War II, and the cross examination of defendant Herman Goering

    Goering was a formidable figure. He was an ace in World War I and took over the Flying Circus when Baron Von Rickshtoven was shot down. He was head of the Luftwaffe in World War II and deputy fuerher. At the end of the war he was addicted to heroin and would paint his face in theatrical tones. But by the time of Nurenberg he was physically recovered and mentally alert–in short a formidable witness.

    The cross examiner was Robert Jackson Associate Justice of the United States Supreme Court. Jackson was a formidable country lawyer in is own right and mistakenly believed that by taking the job of Chief Prosecutor he would be made Chief Justice when Harlen Fiske Stone retired. (That piece of history if for you SHV).

    When Jackson undertook to cross examine Goering he made a huge mistake which condemned his effort to failure. Instead of attacking Goerings character (as the Soviet lawyerd did–fascist beast that sort of crap) he attacked his political beliefs. Goering was no fool. Before he poisoned himself in his cell, he engaged Jackson in that political discussion and got the better of him. And that was exactly what Goering wanted because it avoided a discussion of Nazi aggression, genocidal politicies and character.

    Now to be perfectly clear, the only thing I am saying here is that if Obamas critics can be hornswaggled into an aimless discussion of whether he is a socialist or a free market type–which is where Idaho Bruce Reid wants to take it, then they can sidestep the more serious discussion. The mere fact that he would talk about meeting with the Taliban, just as he met with bomber Bill, hatemongers Wright and that fucking Pheglar etc.–those are the dots that should be connected to illustrate sociopathic tendencies.

    Forgive me but I can just see progress being made in middle east talks until he sticks his nose in there and decides to hold a seance with Hamas. That is not what a firmly grounded leader would do. However it is precisely what a sociopath would do, particularly if he believes he has some larger mission post presidency as ABM 90 once theorized.

  89. well good night all…… have to call it a night early, as i have to work the day shift for the rest of the week 🙁

    check in for a bit in the am 😀

  90. wbboei

    You’re immense knowledge is awe inspiring… I am deeply appreciative of being able to read your intelligence
    that you share with all of us here…..thank you so much for being here!!

    now, i am not of the same level as you, at times i struggle to understand all that you say but do my best with being A.D.D and a bit dyslexic as well, it is difficult at times to remain focused , especially on longer posts LOL!

    but at age 45 i have learned to have better attention and understanding

    when you wrote this:
    “But by the time of Nurenberg he was physically recovered and mentally alert–in short a formidable witness.”

    and this:

    “f Obamas critics can be hornswaggled into an aimless discussion of whether he is a socialist or a free market type–which is where Idaho Bruce Reid wants to take it, then they can sidestep the more serious discussion.”

    I think i got your point, but tell me if i am wrong please……thanks

    that we should begin now to turn the conversation from “socialist” to the more serious conversation of “sociopath” to keep them from not being forced to talk about it at all.

    Given your history lesson, thanks! I didn’t know any of that and hadn’t looked at this from that perspective either.

    your suggestion, if i have it correct? makes alot of sense to me.

    now i must hit the hay, have day shifts the rest of the week and need my beauty sleep LOL!

  91. Southern Born- I went to the tobacco store today and spoke to the owner who knew Al Mar. I asked him the question you asked me namely when did Al Mar die. He told me 12 years ago.

  92. that we should begin now to turn the conversation from “socialist” to the more serious conversation of “sociopath” to keep them from not being forced to talk about it at all.
    ——————————-
    Yes, I just think the socialist thing is a blind alley. It gets into one of those closed loops where we say yes you are and they say no he aint ad nauseum.

    Also, as I say in these uncertain times, the word socialist does not have the negative connotation it once did–so it is not an effective attack.

    It seems to me the major premise is this: he is a big spender, will bankrupt the country, will cause hyperinflation–thats powerful. Its also true.

    It seems to me the minor premise is this: his actions in meeting with the Taliban, consorting with Bill the bomber, subjecting his children to Wright, and whatever else he does are unsound, and contrary to what a president should do,

    I dont think we should come out and call him a sociopath. If you do that his defenders will say oh really and where did you get your degree in psychiatry. Instead, we should make a list of the things he has done and let the audiece draw that conclusion themselves.ou

    Thanks for the compliment but it is undeserved. The story on Goering was not my own. I got it from a Judge and former US attorney I once knew. He was the one who is brillaint.

    I posted it here because I thought it might be instructive to you and to others just as it was instructive to me when I first learned of it.

    If you were confused by what I said above it is because I was unclear and I am sorry for that. Let me know if the above clarifications are still unclear.

    I will be turning in as well.

  93. WP: Obama Creates White House Women’s Council [ Jarrett ]
    The Council will be chaired by Valerie Jarrett, a senior adviser and personal friend to the president, and the day-to-day operations will be run Tina Tchen, who is currently director of the White House Office of Public Liaison and was a major fundraiser for Obama during the campaign.

    http://
    voices.washingtonpost.com/thefix/2009/03/obama_creates_white_house_wome.html?wprss=thefix“,,0,0,,,,

    Comments here: link at the bottom to sign in to make a comment. We’ve had alerts here before.

    Here is some background on Jarrett and some other Obama advisors:

    No Quarter had this article about Jarrett, written by Lena Grove
    http://www.
    noquarterusa.net/blog/2008/11/15/valerie-jarrett/

    Here are other places to comment on this issue:
    http://www.
    google.com/search?rlz=1C1GGLS_enUS301US305&sourceid=chrome&ie=UTF-8&q=Jarrett+women+“a+comment”

  94. dija,

    I’d love to see Palin as president. I just think the Senate would not be her best route. Most good presidents have come from Governorships, and for good reason.

    As people said about Hillary staying in the Senate, poisonous atmosphere, etc.

  95. dija,

    I kind of agree with you about not hitting Obama too hard right now, but rather letting him make new mistakes and new enemies first.

    Maybe I’m just tired….

  96. 12 REASONS TO BE PESSIMISTIC
    (Or, Don’t Try To Bullshit a Bullshitter)

    1. President: incompetent, sociopath, big spender, vacillator

    2. Cabinet: 85% mediocre to incompetent, unfilled positions

    3. Congress: incompetent, corrupt, pork purveyor leadership

    4. Big Media: guardians of the Big Lie, unpatriotic force

    5. Economy: multiple bubbles collapsing (mortages, banks, consumer)

    6. Projections: long term downturn (WH cloud cookooland)

    7. Unemployment: continues to rise (10% by YE 2009)

    8. Inflation: doubling of money supply= hyperinflation

    9. Stock Market: down 50% since he became nominee

    10. Debt: rising due to borrow and spend philosophy

    11. Infrastructure: crumbling, broken borders, Narco state

    12. War and Peace: Iraq, Afganistan, others possible

  97. Fineman has given us permission to use the D word whereas before the furthest Obama and his minions were willing to go was irreversible.

    You can see from Howards purple prose how they will try to portray this devolution. They will try to portray him as a hero struggling to prevent a depression, and I called him on it.

    The truth is if worse comes to worse the prevailing mantra will be that Obama inherited a recession, and he gave us a depression. That is the truth and they have no adequate rebutal argument.

    Meanwhile, we shall see what comes of the G-20 meeting next month. I rather suspect that Bambi will bend to its will assuming he is there.

  98. There were so many that believed talk rather than experience. In fact, his behavior is almost in defiance of the faith of people that elected him. It is like, I will tell you want I want, but I will do as I please. It kind of goes along with the swagger in his walk up to the microphones I saw.

  99. This is the first time we have had a joke for president and another joke for first lady. That too is one for the history books. A two-fer.

  100. Sorry, I am going to try to get some sleep. I have a sick husband, so I am up in the middle of the night.

  101. Some interesting views in this article from Anatole Kaletsky, who I thought was an Obama supporter, in the Times today in the the UK:

    This could be the week when the greatest financial crisis in history finally reached its nadir. Then again, it could merely be another week in which a brief rally in global stock markets has suckered more investors, politicians and commentators into assuming that the worst is over, when the tentative improvement in financial confidence is just another false dawn.

    So which will it be? The answer depends, even more than usual, on the finance ministers and central bankers gathering at a potentially chaotic G20 meeting this weekend. The omens are not benign.

    It is now understood that the global financial system can be stabilised and economic demand revived only through government intervention. Private businesses and consumers do not have the access to credit or the confidence to start spending and investing again. But government intervention will work only with some degree of international co-operation and that requires leadership from America. Yet despite the mandate won by President Obama, Washington has proved muddled in its economic priorities and indecisive in its financial response to the crisis.

    International co-operation is necessary because of the global linkages of trade and finance. Any country that allows a bank to fail spreads financial contagion to every other nation. And any country that cuts taxes or boosts public spending or expands its money supply, creates demand not only for its own businesses and workers, but also for the world as a whole.

    The upshot is that financial guarantees, fiscal stimulus and credit expansion, will be much more effective and less expensive for each country if they are implemented in a co-ordinated way. By contrast, imagine a global free-for-all, in which some nations subsidise their banks while others try to punish bankers; in which some central banks print money while others grumble about Zimbabwe and Weimar; in which some governments promise to spend their way out of recession while others denounce this as the road to perdition and call for belt-tightening in the public sector. Not only would such divergent policies cancel one another out at the global level, they would also deal another blow to confidence in the world financial system.

    But how can global co-operation be achieved when governments around the world seem to have completely divergent economic philosophies and agendas for this weekend? Gordon Brown wants to close down tax havens, while the Germans want to regulate hedge funds, policies that may or may not be desirable, but which have nothing to do with the present crisis. The US is demanding that Germany, Japan and China announce new programmes of public spending and tax cuts – which is simply not going to happen, either this weekend or at the G20 summit next month. The financial markets, meanwhile, are hoping for a $500billion increase in the IMF funds available to rescue insolvent governments, but this does not seem a high priority for any of the G20 governments, except perhaps the Germans, who fear the cost of bailing out Latvia, Hungary, Austria, Greece and the Irish Republic will otherwise fall on them.

    Past experience of such international negotiations shows that American leadership is necessary for reaching any kind of agreement. Which brings us to the greatest risk facing the world economy: Mr Obama’s failure to present a credible response to the financial crisis or even to assemble a proper economic policy team. After the British Government’s leaked messages of despair about nobody answering the phone at the US Treasury in the preparations for the G20, everybody is now aware that Mr Obama has nominated only two out of 18 deputy and assistant Treasury secretaries. What is less widely recognised is that this decision-making vacuum reflects a deeply worrying feature of US economic policy.

    American politicians simply don’t seem to understand the existential threat that their economy is now facing. Instead of uniting to deal with a national emergency far more threatening to their way of life than the terrorist attacks of 9/11, they have responded by dividing more sharply than ever into hostile partisan camps.

    Efforts to revive economic activity and to stabilise the financial system that are clearly indispensable on the basis of any economic analysis, whether Keynesian or monetarist or plain business-sense, have been denounced on the Right for interfering with free markets and on the Left for feather-bedding bankers. Instead of rallying around in a moment of crisis, many Americans are openly expressing their hope that the new President will fail and the economy collapse. Candidates for key Treasury posts have been viciously attacked in the media and Congress for trivial tax and administrative infractions inadvertently committed many years ago or simply for having once worked on Wall Street. As a result, these jobs have become almost impossible to fill.

    Mr Obama himself seems to have attached a surprisingly low priority to dealing with the financial crisis. He had, for example, selected key State Department officials, from Hillary Clinton downwards even before his inauguration. He has managed to get dozens of these confirmed by Congress in the past two months and immediately put his personal stamp on US foreign policy. Yet there has been no similar focus on creating a properly functioning economic team or launching a coherent new response to the financial crisis.

    The lack of urgency, of focus and of national unity in America’s response to the financial crisis is the most surprising – and most dangerous – threat to our chances of recovery. With clear American leadership, a global policy to stabilise the banks and pull the world out of recession could readily be agreed. All the main elements of such a policy – lower taxes, public works programmes, monetary and credit expansion, cast-iron government guarantees for recapitalised banks – are broadly agreed among economists and endorsed by global institutions such as the IMF.

    None of these policies would be painful to voters, since they would involve easier financial conditions, lower taxes, more jobs and stronger guarantees for savings. Why then are they proving so hard to put into practice? Is it because many Americans would rather see their economy collapse than a Democratic President succeed? If so, then perhaps the Marxists now enjoying a new lease of life will have been right all along: American capitalism will have proved a decadent civilisation at the end of its global hegemony and doomed to self-destruction.

  102. Telebama has much greater plans for his future political dreams of absolute power for himself and his black nation that he hopes to rule.To him the oval office is just a rest stop and a forum for his “I Have A Dream”rally call.This guy is as dangerous as an artillery shell with a malfunctioning fuse going to G20 to read his dangerous solutions to world problems.A word of advice mr.Tele.
    Stay home ,keep your mouth shut and let Hillary save our country and reluctantly your butt.Foreign leaders are much more aware and qualified in conducting mettings to unite friends and foes alike.As for MO,keep her at home and have the WH Chefs teach her how to bake cookies.Her appearance with Hillary at the patriotic women’s award,was a disgraceful act of hate and jealousy toward her and her facial expressions verified that she still hates America and it is also a stepping stone the role as the queen of the black world at the side of king Telebama.I hope that I am wrong about this theory but there are so many indicaters that this guy should not continue to be our president.

    By ABM90 Pay attention people.stop,look,listen,analyze and be worried.This is dangerous stuff and the smell test is called for.

  103. Did you all see the scowl on MO’s face — the picture from yesterday’s event circulating everywhere.. What a candid moment, ha!

  104. Just tuned in on the women’s award ceremoney and as usual Hillary was on the mark with her speech and only deeded a quick glance at her notes from time to time.She is a real pro.On the other hand MO read from a script and only came up for air with the usuall frown on her face and a smile now and then when Telebama was mentioned.Learners permits for the first couple are now in style and double jeopardy will be the results of their charade as leaders.

    By ABM90 BOGOF !! Buy one get one free and no coupons needed.It’s in the mail suckers!!!!

  105. Thanks for the link, Emjay.

    I know this will be an unpopular view, and I will preface it by saying that everyone here knows I am not a fan of m.o.

    But…

    I will say this:

    Hillary was her usual amazing and more importantly very believable in her commitment to human rights and women’s rights in particular.

    I found m.o. to be extremely nervous when she started to speak. I think she really feels insecure next to Hillary. I would hazard a guess that her facial expressions were brought on by those nerves. I thought her suit was very appropriate for the occasion.

    So, I am giving her a pass this time. In no way was her speech as inspiring or as well-spoken as Hillary’s and she did stumble like obama does with a lot of ahs…but there you go.

  106. djia Says:

    March 11th, 2009 at 10:31 pm
    I WONDER IF WE WILL FINALLY SEE MORE AND MORE ARTICLES IN MAIN STREAM ABOUT THIS [BIRTH CERT. ISSUE] NOW????

    According to the blog postings, a constituent asked Martinez about that. His response was that a court had dismissed a voter’s lawsuit on the issue, and that the Constitution provides no other enforcement mechanism except for vetting by the voters.

    In the letter he currently sends to constituents on the issue, provided by his office, Martinez states, “Courts have concluded that only ‘a candidate or his political party has standing to challenge the inclusion of an allegedly ineligible rival on the ballot.’ … Courts have further concluded that, short of a challenge by another candidate, it falls to the voters to decide whether a particular presidential candidate is qualified to hold office.”

    The bloggers say that’s not good enough.

    “Senator Mel Martinez has laid the vetting of President Obama’s citizenship on the people of the United States,” wrote a Rightpundit blogger. “Does Congress assume responsibility of anything?”
    &&&&&&&&&&

    M&M (Mel Martinez) gives us conflicting answers, and hopes that will make the bad noise stop.
    1. vetting is done by the voters
    2. the few law suits by voters were dismissed.

    ergo, end of story…

    Except that:
    a. the law suits BY voters were never even heard, they were dismissed “dicto flusho shadduppa”, that the voters HAD NO STANDING. The courts repeatedly undermined M&M’s claim that it was something citizens could do.
    b. other law suits have not been fully heard yet (e.g., Berg), and more will inevitably be on the way.

    How can you have a Constitution and a Bill of Rights that explicitly state the qualifications to be president, but have no means of enforcing it. Governator for President? “I vuz born in Vienna…Arkansas. Vat are you going to do, check my birth certificate?”.

    Let the law suits be heard!!! Then all Ofraud has to do is pay a world class forger to make one that will pass scrutiny.

  107. Thursday, March 12, 2009
    WASHINGTON NEWS

    Media Pans Obama Over Earmarks

    Hours after calling for reforms to the earmark process, President Obama yesterday signed a spending bill that contains some 9,000 earmarked projects — described by critics as pork-barrel spending. The move sparked criticism from Republicans and some Democrats, and generated starkly negative media reviews — including reports in all three networks that suggested that the President’s action ran contrary to his own campaign rhetoric. ABC World News, for example, reported that “away from cameras,” Obama “signed a massive spending bill containing roughly 9,000 earmarks, despite his past campaign rhetoric.” NBC Nightly News noted “critics said the President should have put up more of a fight when it came to those pet projects.” The CBS Evening News similarly reported there was “no photo-op for this signing.”

    McClatchy reports Obama “criticized pork barrel spending in the form of ‘earmarks,'” and “then he signed a spending bill that contains nearly 9,000 of them, some that members of his own staff shoved in last year when they were still members of Congress.” The AP reports Obama “raised the issue of earmarks in public remarks playing down their scope and possible harm in the measure.”

    In a story headlined “Reform Lite: Obama Goes Soft On Pork” The Politico says, “The old bulls won. Pulled between his campaign rhetoric and his own party’s congressional barons…Obama largely sided with his Hill allies in unveiling an earmark proposal Wednesday that shies away from any strict crackdown on the practice.”

    Fox News Special Report reported the President “did not call for an end to earmarks or set a target to reduce their number or the amount of taxpayer dollars they consume. In fact, he said some earmarks should continue.” The Washington Post says “Obama’s call to rein in the use of earmarks was met with derision yesterday even from some of his past reformer allies, dealing an early blow to his attempt to change how business is done in Washington.”

    The Chicago Tribune says that “to one Republican, Rep. Jeff Flake of Arizona, though,” the proposal “sounded like the wit who said, ‘Give me sobriety, but not yet.'” The New York Times titles its report “Obama Signs Spending Bill As He Criticizes Earmarks,” and notes “Obama returned fire at Republicans by implying hypocrisy on their part since they too have earmarks in the bill.”

    Jim VandeHei, executive editor of The Politico, said on CNN’s Newsroom, “To be blunt, this is such a sideshow. Yes, the earmark process has been abused in Congress, there is no doubt about it,” and it “led to several scandals over the last couple of years. But you’re talking about the tiniest fraction of the Federal budget.”

    Obama Reversal On Signing Statement Noted The AP notes that also yesterday, “two days after criticizing his predecessor for issuing guidelines on how to put legislation into practice,” Obama “issued such a directive himself.” In his “signing statement,” the President “objected to provisions of the bill that he said the Justice Department had advised ‘raise constitutional concerns.'”

    White House Honeymoon Winding Down?
    The Christian Science Monitor asks whether President Obama is “taking on too much” at the outset of his Administration, saying that the “first 50 days” have seen “a whirlwind of activity — a record $787 billion economic stimulus bill, summits on fiscal responsibility and healthcare, a raft of executive orders undoing Bush-era policies.” The White House “has not hidden the fact that it sees a limited window to enact its agenda, almost like a game of ‘beat the clock.'”

    Under the headline “Obama’s Honeymoon Bliss Fading,” The Hill (3/12, Bolton) says that clock may be ticking, writing that “Obama’s honeymoon is beginning to fade. Members of Congress and old political hands say he needs to show substantial progress reviving the economy soon.” Some Democrats worry voters “don’t and won’t understand the link between economic revival and Obama’s huge agenda, which includes saving the banking industry, ending home foreclosures, reforming healthcare and developing a national energy policy, among much else.”

    Financial Times columnist Chrystia Freeland writes that Obama is determined “to turn the world’s deepest economic downturn since the Great Depression into the beginning of a new era of progressive politics in America.” On CNN’s Situation Room, when asked to give President Obama a grade for his first 50 days in office, senior political analyst Gloria Borger gave Obama an “incomplete.” CNN contributor Steve Hayes, of the Weekly Standard, said, “I don’t grade on a curve. I would probably give him a ‘D.'” Senior political correspondent Candy Crowley did not give Obama a letter grade, but asserted “he still gets an ‘A’ from most of the American public. That’s what matters.”

    Economists “Fail” Obama, Geithner The Wall Street Journal reports President Obama and Treasury Secretary Timothy Geithner “received failing grades for their efforts to revive the economy from participants in the latest Wall Street Journal forecasting survey.” The assessment of economists “stands in stark contrast with Mr. Obama’s popularity with the public, with a recent Wall Street Journal/NBC poll giving him a 60% approval rating. A majority of the 49 economists polled said they were dissatisfied with the administration’s economic policies.”

    usnews.com/usnews/politics/bulletin/bulletin_090312.htm

  108. wbboei Says:

    March 12th, 2009 at 4:26 am
    (Note: the above could just as easily be entitled 12 REASONS WHY OBAMA WILL NOT BE RE-ELECTED).
    &&&&&&&&&&

    …or the 12 REASON WHY OBAMA WILL BE REMOVED FROM OFFICE.

  109. I will also add that m.o. is trying her darndest to make a name for herself as first lady. Dissing Hillary would be political suicide for her. That is why I think her nerves got the better of her.jmo

  110. I am so inspired by Obama that I am now determined to end world hunger, solve global warming, save the amazon, reduce teen pregnancy, turn investment bankers into ethical agents, convert the leader of North Korea into a devout muslim, a chicken in every pot, land bread peace, 40 acres and a mule, give those who would blow up buildings a better offer–30 virgins, teach Bin Laden
    the profound error of his ways, replace the marine corps with the obama military academy for the deluded, free rezko, and other good acts.

    Three questions: i) who in their right mind would believe me, ii) where would I get the money, and iii) what if somebody said ok fine now prove it? That is the scam big media and the Obama campaign are perpetating on the country, rather than tending to the vital task of governing responsibly in very uncertain times. It has the odur of a big tent revivalist meeting somewhere in the California desert circa 1920. The only thing missing is Amie Semple McPherson.

    That Michelle is the most godawful excuse for a first lady I have ever seen.

  111. Two pretenders for the price of one. But in this case the price tag is several trillion dollars we dont have for programs that wont work unless our ultimate goal is to ride the rails from Disneyland to Las Vegas over and over and over, or to worship at the alter of the corrupt Ted Kennedy. A truly evil man.

  112. Telebama
    ————–
    That is great ABM 90

    rgb: …or the 12 REASON WHY OBAMA WILL BE REMOVED FROM OFFICE.
    ————–
    now that is the kind of change sane people should hope for.

  113. Anyone have the bus schedule? Looks like another Obama appointee goes under:

    http://www.politico.com/blogs/bensmith/0309/FBI_raids_office_of_DC_CTO_Obama_appointee.html

    FBI raids office of D.C. CTO, Obama appointee

    Federal agents this morning are searching the office Washington, D.C.’s Chief Technology Officer.

    The search is part of “an ongoing investigation,” said a spokeswoman for the FBI’s D.C. Field Office, Lindsay Gotwin, said. She declined to comment further on the raid of office, at 1 Judiciary Square.

    The outgoing Chief Technology Officer, Vivek Kundra, was appointed last week Chief Information Officer by the Obama administration. His last day at the city government office was February 4, a spokeswoman for D.C. Mayor Adrian Fenty, Leslie Kershaw, said. He was appointed to the Washington post in 2007.

    “We know the FBI is over there but that’s all we know,” said a staffer in the D.C. CTO’s office, Mario Field, who was working from a separate location. Another source familiar with the raid said the FBI had sent all staffers other than senior executives home for the day. WTOP Radio reported that agents are searching the 9th and 10th floors of the building.

    A White House spokesman had no immediate comment.

    D.C. mayor’s spokeswoman Kershaw said, “Our office has been alerted of FBI’s being at CTO office, but we cannot comment until it’s over and we get more details.”

  114. MEDICAL CHART (HIPPA Waiver)

    Physician: if Obama is an economist then I am a doctor, not by aptitude, experience, education or certification but by divine decree and big media acclamation Surgie Gupa abstaining.

    Patient: Prescious, aka the one, messiah, sortero, soreto, obama, obomabadier of mine, what’s in a name, a birth certificate or the consistitution.

    Symptoms: pathological liar, e.g. we need public financing of elections, no lobbyists in my administration, no earmarks, etc.; delusions of grandeur eg. I am the one you have been waiting for, lets meet with the Taliban; other pathological tendencies.

    Diagonosis: sociopath, left untreated could cause depression of the financial type, or worse. Highly contageous through big media lies.

    Treatment: impeachment, third autobiography, take over the Jerry Springer show, Michelle to become a mud wresler, Axelrod to do hard time. The political trajectory: sine wave.

  115. Anyone have the bus schedule? Looks like another Obama appointee goes under
    —————————
    It begins to resemble the La Brea Tarpit near LAX. And just think of it: THIS IS MORE OF WHAT BIG MEDIA WAS CALLING A “NEAR FLAWLESS TRANSITION” A COUPLE MONTHS AGO.
    So the question becomes pertinent–what if anything is their credibility worth? And who in their right mind would believe them now. Falso in uno, falso in omnibus–CNN, MSNBC, WashPo, NYT, et al.

  116. I’m simply amazed though at how DUMB so many American’s are. I swear my sister never follows this stuff. She still thinks his shit don’t stink, even after last week seeing the article about the teleprompter. I tried to tell her a LONG time ago that he had to read every freakin word and she would not believe it. She got in the koolaid bad

  117. There is no evidence that Obama has a credible enconomic plan or an attention span long enough to formulate, explain and implement one. For me at least, it keeps coming back to the statement by Dick Armey which I do not think was political so much as practical, and corroborated by everything we have seen: the investor class is not willing to be a part of this thing. That is the audience he has lost. In other circumstanes, a ceo might attempt to remove the problem by removing Geithner, but the problem here goes much deeper. It gets back to the bailout and stimulus plans which are worse than the New Deal because they are pure pork driven, and send an unmistakable signal to markets that he is not the right guy for the job.

    For those who have eyes to see it is clear as a bell: Obama is not the guy to make the waters of the Red Sea part or lead anyone except himself michelle and axelrod–that menage a toi to The Promised Land. And where does that leave the rest of us?

  118. wbboei Says:

    March 11th, 2009 at 10:43 pm
    Despite Obama’s published birth cetificate and well-documented personal history,
    &&&&&&&&&&&&&&

    Yeah, “published”. where? On the internet????

    “Well-documented personal history” ?? You mean, “Here’s my book, it’s nothing but facts.” Or the “documentation” fluff piece journalism that filled the primaries and general election?

    The Fluffy Times reported back in Dec. 2007: “Mr. Obama rose from humble origins and a single mother, to become a COMMUNITY ORGANIZER, and HARVARD LAW SCHOOL PRESIDENT. He became one of the outsized mental giants of our time, akin to a combination of Abraham Lincoln, Martin Luther King, and Jesus, quickly ascended to the Senate, and is now poised to take on the most formidable of the Democratic field, Hillary Clinton. He has advantage because he has a STERLING REPUTATION as a REFORMER and who at one point (well, just briefly, while he was out of work) was AGAINST INVADING IRAQ, and Ms. Clinton’s disadvantages are too numerous to list: catty, hard-working, hated by Republicans because of her fervid devotion to good causes, all-time leader in Scandal-gates, etc.”

  119. wbboei Says:

    March 12th, 2009 at 12:07 pm
    There is no evidence that Obama has a credible enconomic plan or an attention span long enough to formulate, explain and implement one.
    &&&&&&&&

    Ummm, that’s why it’s starting to get pinned on Obama:

    “Obama’s Recession”
    “Obama’s D-word??”
    “Financial Collapse You Can Believe In”.

    Yes, he inherited a stinky pile of doo-doo, but let’s analyze what he done with it.

    And compare that to how a competent president, Hillary or McCain fer instance, would have done differently, and almost certainly much better. You’d have the department head positions filled, and the intermediary positions filled, all bustling working to flesh out the POTUS’s vision.

    As is it now, who wants to get a job on the O’Titanic Administration? “Ummm, my kid just got gerbils, so I must withdraw my name for consideration for the Secretary of Excuse-Making.”

  120. So they step back and wait for the G-20 meeting next week. The world is looking for leadership from the United States in general and Mr Obama in particular. They too have been told he is the messiah, and a few of them have had their tail feathers scorched already when they have bought into that one.

    But what happens when they convene that meeting and he or his minions try to defend the indefensible–if thats how the conversation goes. And will the other heads of state say whatever lola wants lola gets? Not likely. The question for them will be first and foremost the credibility of US leadership, second what it has done to their respective economies, and how to protect themselves in the storm.

    We must look beyond the photo ops and false symbols of unity and bold statements. Its like Buffet when he says we have faced more formidable challenges than this in world war II. That is bullshit. Apart from the veterans of that conflict who by the grace of god are still with us, we did not face that conflict. That was a prior generation and the software of this generation is much different.

    And so it is with Obama. He is not Lincoln, and it is pathetic that anyone would believe that. Nor is he in any way that counts FDR. With that in mind the country must disabuse itself of any notion that he is anything but what he really is–a huckster from Chicago.

    That being the case, we should not expect too much from the G-20 meeting. At least from what little I know. The best we can hope for is some form of coodinated action in the form of bugetary restraints, targeted stimulus, monetary policy adjustments. But it is hard for me to believe that othe countries will be seduced by obamaeconomics than financial markets have been–or as Armey calls them–the investor class.

    In trying to sort through this entire mess it will be important to read the foreign press accounts of the G-20 meeting. It is there that we are apt to see little nuggets of truth that will tell us what is really going on, and by extrapolation what it may mean for our country. I am afraid it will be mostly lies and cover-ups from big media and the administation.

    I utterly reject what Michelle said about our country. What I would say is I am not proud of this administration or our media when I say, as I have, that there is more truth coming out of the Chinese newspaper, a party organ, than is coming out of the New York Times with reference to Hillarys visit. And so it is here, in my opinion.

  121. jbstones, what is the link to that picture of MO glaring at our beloved Sec. of State?
    ————————
    rgb–jb may have the link–I do not. But if you go to Getty Images and type in Michelle Obama you will find a photo of Hillary and Mrs Pretender holding eachother by the waist which seems to portray what jb described.

  122. Keep on boycoting…and tell your friends.

    General Electric (owner of MSNBC/NBC loses top credit rating

    S&P cuts GE’s top credit rating

    * Thursday March 12, 2009, 12:01 pm EDT

    WASHINGTON (AP) — General Electric Co. lost its prized top credit rating from Standard & Poor’s over fears of rising loan losses and lower earnings at its lending arm.

    The credit rating agency lowered GE’s long-term debt ratings to ‘AA+’ from ‘AAA’ Thursday, a one notch reduction that markets had long expected. The move means it will be more expensive for GE to raise money in the credit markets.

    Company shares rose $1.01, or nearly 12 percent, to $9.50 in morning trading after the announcement. Shares had lost about half their value this year, pushed down by investors frightened by the grim outlook for GE’s lending arm, GE Capital.

    Many analysts had expected a much deeper ratings cut, given GE Capital’s struggles with rising loan losses and fears that it more write-downs are looming. And while GE has said defending its coveted credit rating was a priority, CEO Jeff Immelt has recently said he was prepared to fund the company at a lower level.

    “I don’t believe GE is surprised to see this,” said Dilip Sarangan, an analyst with Frost & Sullivan.

    GE Capital faces higher losses on its loans in areas such as real estate as the global financial crisis worsens, S&P said. If it stood on its own, the ratings agency would give GE Capital a much lower ‘A’ rating. The agency considers GE’s outlook stable.

    The Fairfield, Conn-based company, whose wide-ranging business include jet engines, the NBC network, and loans for energy projects, was one of just six non-financial companies that hold the top rating from S&P. GE was first given the ‘AAA’ rating in 1956.

    GE has taken steps recently to shore up GE Capital’s finances. It is restructuring the unit, lowering its debt and conserving cash through steps that included a 68-percent cut of its dividend. The company had not lowered its quarterly payout since the Great Depression.

    GE has also raised $48 billion in cash this year, most of its long-term debt needs for 2009. It has taken part in a federal plan that allows companies to borrow with the backing of the government’s top credit rating. The company said the downgrade will not have a significant impact on its funding or operations.

    “We will continue to run GE with the disciplines of a Triple-A company,” Immelt said in a statement Thursday.

    John Atkins, a fixed-income analyst at IDEAGlobal.com, said it remained unclear what the impact will be on GE’s borrowing costs. Even with the ‘AAA’ credit rating, the cost of insuring debt of GE Capital had been in distressed territory recently.

    AP Manufacturing Writer Michael Obel contributed to this report.

  123. The ge article hightlights further reasons for their continuing willful blindness and support for Mr Obama. Immelt is one of his gang of seven independent economic advisors, so you can see for yourself how independent his is. He is a Jack Welch clone. The people who worked under that guy said he made Ivan The Terrible look like a good Christian gentleman. Now of course he is a distinguishes commentor on what makes businesses successful.

  124. Abandon Ship! The boat is sinking because the captain is a boob’
    —————————-
    Admin: well said. The only problem is Mr Obama has comandeered the life boats for himself, mo and axelgrease. But you are right. He is the cause of the problem. So when he says I inherited this problem, we say what you inherited sir was a recession. What you do with it from that point on is your problem. And we will give you credit for tangible success and we will hold you accountable for your failure. You say words matter? The only way they matter sir if they are backed up with successful actions. Otherwise they are hot air and the time for bamboozling is over. Put up or shut up.

  125. NMF said:
    It kind of goes along with the swagger in his walk up to the microphones I saw.

    ============

    For Ayn Rand fans, his swaggers remind me of her villain who went through a room of supporters like a cat rubbing against various legs.

  126. Sorry gang,

    But everytime someone says to not hit hard on Obama now, I totally disagree!!!! Everyone constantly tiptoes around him. No one has never been treated treated with such kid gloves as Obama. That is how he won the primaries and the election.

    McCain was too scared to really speak out against him. Just sitting back and letting Obama make mistakes doesn’t and HASN’t worked and it won’t work. The people still love him and will make excuses for him. Hillary didn’t even hit him hard enough or respond enough to his allegations about her and her husband. They played too nice!
    Palin was the only one to really speak out against Obama and didn’t reneg anything she said about him. I liked that about her. She won’t sit back and let Obama diss heer and her family! I agree that she doesn’t need to be tucked back in Alaska. Palin need to come to Washington and reaally show those snobs what she is made of and just drive them nuts!!

    Now

  127. rgb quoted some politician:

    1. vetting is done by the voters

    ============

    Skimming along, I read that as bed-wetting.

  128. dot48 Says:
    March 12th, 2009 at 10:37 am

    anyone else here post at BitterPoliticz? I can’t log on there now.

    ========================

    She’s made it private but I still see people talking about it, so I assume it’s still going. She sent me instructions for getting registered in the new system, but I haven’t followed through. I could look that up for you, and her email

    tdo@turndownobama.com

  129. rgb44hrc…hillbuzz has a photo of the MO scowl and comments

    hillbuzz.wordpress.com/2009/03/12/whats-wrong-with-michelle-obamas-face/

  130. S: I looked at your picture of mo scowling. It okay, but I think my picture of mo scowling is better. It is more ugly, malignant and it is partially masked by a smile which causes it to morp into a picture of evil over a scoop jaw. Its its delightful, its delicious, its delovely. See if you agree. Its at Getty Images, type in michelle obama.

  131. Thank Admin and everyone for an oasis of sanity!!!!!

    At TNA, deep nonsense being talked about Jarrett.

  132. 1. vetting is done by the voters
    —————————-
    That is republican Martinez? Hes nuts. Voters cannot be expected to research and analyze candidates. They have neither the time, the inclination or the tools. That is what big media is supposed to do. And it is where big media has failed our democracy.

  133. Good old Howdy Doodie Fineman, I missed this the first time through, the way he lowballs the obamadissatisfaction numbers–1 in 4 indies. Bullshit.

  134. I tried to post at Feministing but don’t feel like registering at a blog that would post today’s bullshit, like someone from another country calling Obama a feminist.

    I wish that were true!

    We have a president who pushed out a qualifed older woman (Hillary) instead of waiting till he reached her age and qualifications — and used bulling and cheating and sexist attacks to do it.

    Now he has created a name ‘council’ on paper and put an unqualified crony of his own in charge of it. Who says women already have enough federal help and she wants to ‘reorganize’ it.

    Please look below the headlines, don’t fall for his fakery.

  135. yes, wobbei, I checked out the getty photos…those harsh, overarched eyebrows certainly do not help her scowl…adds to her cruella, drag look…

  136. Here is a question for you. The point of departure is Finemans suggestion that the elites are starting to second guess themselves on their selection, wondering whether Obama is really the man for the job. Surely this is not a case of first impression.

    Somewhere in the anals of business literature there must be a case study on this. A case where a board of directors took a leap of faith, and hired a big talker to be ceo of a troubled company, failed to adequately vet him, gave him a four year contract, only to discover he was not up to the job. I suspect what happens is they buy him out and put in an interim ceo until they can find a suitable replacement.

    Here of course we do not have that precise option. Also, the bench is very weak based on the Constitutional order of succession. Thus, it is not so much the procedure as the dynamics that interest me. How do they come to the realization they made a mistake. Where do they find the resolve to deal with it responsibly and reassure those who trusted their judgment.

  137. great description S! I thought my description of that photo was good, but your description of it is better!

  138. I tried to post at Feministing but don’t feel like registering at a blog that would post today’s bullshit, like someone from another country calling Obama a feminist.
    ———————-
    This is the pet rock crowd in action. The nature of the object is not defined and limited by its physical properties, but by whatever a delusional mind can make of it and get others believe it is. Any reasonable examination of the facts would yield the opposite conclusion.

  139. Geithner Expects ‘Many’ Banks Will Repay Government TARP Funds

    By Robert Schmidt

    March 12 (Bloomberg) — U.S. Treasury Secretary Timothy Geithner said he wouldn’t prevent banks from returning government capital and predicted that “many” would. Still, Geithner urged firms that get money from the Troubled Asset Relief Program to keep it until they can replace it with private capital to “provide lending to the economy.” Restoring the flow of credit will help consumers and businesses struggling in a recession, he said. Banks “are living with a cloud of uncertainty, which is causing them to be defensive and withhold lending, and we need to arrest that basic dynamic,” Geithner told the Senate Budget Committee today in Washington. “But I hope and expect and I believe it will be possible that many banks will be able to repay the government.”

    While Geithner testified in support of President Barack Obama’s $3.55 trillion budget for 2010, he faced a number of skeptical questions about the $700 billion financial rescue plan. The Treasury’s most recent tally shows the government has invested most of the first half of TARP in 489 banks nationwide. The Treasury chief defended the effort to fix the financial system as a way to help average Americans rather than reward Wall Street executives. “My obligation to the American people is to protect the financial security of this country and to protect our financial system, not because we’re here to do anything for banks,” Geithner said, adding that he “wouldn’t give a penny to help a bank.”

    Budget Committee Chairman Kent Conrad, a North Dakota Democrat, told Geithner that among U.S. citizens, “the anger level is extraordinary” about the bailout. “People in positions of responsibility took advantage of them,” Conrad said. “And they, no fault of their own, are getting stuck paying part of the bill.”

    Geithner told the panel he shared their “outrage,” especially over Wall Street compensation practices that awarded executives big bonuses while their firms cratered. “You’re absolutely right that the judgments made by the leaders of our financial institutions have caused a catastrophic loss of basic confidence,” he said. Geithner also told lawmakers to be cautious in considering a suspension of mark-to-market accounting rules, which many banks complain are causing them to take excessive writedowns on the value of illiquid securities they hold. “My personal point of view is that we have to be very careful not to do things that would erode confidence” among investors, Geithner said.

    The Treasury secretary refused to rule out a request from the Obama administration for more bailout money, saying, “our hope is that Congress would come together and do what is necessary to make sure the financial system is strong enough.” Obama left a $250 billion “placeholder” in the budget for additional aid to the financial industry. In his prepared remarks, Geithner said that “doesn’t represent a specific request.” Geithner repeated much of the testimony he gave to the House Budget Committee last week, stressing that the Obama administration is “determined” to cut the federal budget deficit by half in four years. The administration projected a $1.75 trillion deficit for the current fiscal year, representing 12.3 percent of gross domestic product. The Obama budget plan would bring the deficit down to $533 billion, or 3 percent of GDP, by 2013, Geithner said. Short-term deficits are necessary to combat a recession that has seen 4.4 million job losses since it began in 2007, as well as strains in financial markets, Geithner said.

    bloomberg.com/apps/news?pid=20601087&sid=aEFxqHBZLAPk&refer=home

  140. Geithner Expects ‘Many’ Banks Will Repay Government TARP Funds
    ————————–
    Well then I am not worried anymore.

  141. Politico: Some women wanted more from W.H.
    W.H. Council on Women and Girls: “No Full-Time Staff, No Cabinet-Level Leader And No Set Meeting Schedule”

    One group – made up primarily of women who supported Hillary Clinton over Obama in the Democratic primary – said it will go to Congress seeking a presidential commission on women. The group sent out a blast email to rally its members around the idea just hours after Obama spoke.

    http://www.
    politico.com/news/stories/0309/19936.html

    [ Maybe we should let the writer know the name and url of what groupS that might have been. 🙂 ]

  142. Mar 12, 2009

    Australia threatens ‘Durban II’ boycott:

    Australia on Thursday morning threatened to withdraw from participating in the upcoming United Nations anti-racism conference, dubbed Durban II, due to the anti-Semitic overtones evident in the conference’s current drafts.

    “The Australian government will give very careful consideration to what, if any, changes are made to the text to see whether it is appropriate for Australia to participate in the conference,” Australian Foreign Affairs Minister Stephen Smith said. “If we form the view that the text is going to lead to nothing more than an anti-Jewish, anti-Semitic harangue and anti-Jewish propaganda exercise, then Australia will not be in attendance,” he added.

    Italy was the first European country to announce its intention to boycott the conference, set to be held in Geneva on April 20-24. Italian Foreign Minister Franco Frattini made the announcement during a meeting with Foreign Minister Tzipi Livni in Brussels.

    The United States, Israel and Canada have also announced their intention to boycott the event, which is a follow-up to the 2001 UN World Conference Against Racism, Racial Discrimination, Xenophobia and Related Intolerance, which took place in Durban, South Africa. These four countries are boycotting out of concern that the second event, much like the first, would single out Israel. There are additional concerns regarding other issues such as defamation of religion and free speech.

    jpost.com/servlet/Satellite?cid=1236764163309&pagename=JPost%2FJPArticle%2FShowFull

  143. “One group – made up primarily of women who supported Hillary Clinton over Obama in the Democratic primary – said it will go to Congress seeking a presidential commission on women.”

    ————————-

    Yep! Good luck with that!

  144. wbboei Says:
    March 12th, 2009 at 2:43 pm

    Geithner Expects ‘Many’ Banks Will Repay Government TARP Funds
    ————————–
    Well then I am not worried anymore.

    =================

    Didn’t he have some sort of track record getting Mexico to repay loans in the 90s?

  145. Jan,

    My point was Politico suppressing the name of that organization. Probably pumapac.org.

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