We’re deep into the Age Of Fake and we are in Borgia Italy folks. To borrow the understatement of the decade from Eric Holder: “Things have gotten a little out of whack”.
Our Big Pink memo to Bill Clinton: “you better get a clue.” Barack Obama is campaigning with the only Republican that polls say has a shot against Hillary Clinton 2016 (Gallup: America’s got a fee-vah and the only prescription is more Chris Christie) and Samantha Power who called Hillary a “monster” is getting a big job along with a bigger job for Hillary hater Susan Rice and you won’t speak out against the threat to America and the world represented by Barack Obama? Get a clue Bill.
The economy? Fake, fake, fake.
The stock market fell dramatically today. It closed lower than 200 points. An ADP report shows job creation still stalled and that is what many blame for the hit. But this is Borgia Italy, not a 21st century democracy, so it is not that simple.
A June 3rd report (in the New York Times!) caught our eyes as an explanation for what is happening to the Obama economy but few have noticed or commented on its significance:
“Behind the Rise in House Prices, Wall Street Buyers
The last time the housing market was this hot in Phoenix and Las Vegas, the buyers pushing up prices were mostly small time. Nowadays, they are big time — Wall Street big.
Large investment firms have spent billions of dollars over the last year buying homes in some of the nation’s most depressed markets. The influx has been so great, and the resulting price gains so big, that ordinary buyers are feeling squeezed out. Some are already wondering if prices will slump anew if the big money stops flowing.
“The growth is being propelled by institutional money,” said Suzanne Mistretta, an analyst at Fitch Ratings. “The question is how much the change in prices really reflects market demand, rather than one-off market shifts that may not be around in a couple years.”
Wall Street played a central role in the last housing boom by supplying easy — and, in retrospect, risky — mortgage financing. Now, investment companies like the Blackstone Group have swooped in, buying thousands of houses in the same areas where the financial crisis hit hardest. [snip]
Those gains, in turn, have been at the leading edge of rising home prices nationwide. [snip]
Investment companies are buying up rundown homes at a time when ordinary people can’t or won’t. [snip]
That is helping to shore up prices and create confidence in the broader markets.
“When people write the story of this housing recovery, these investors will be seen to have helped put the floor under the housing market,” said David Bragg, an analyst at Green Street Advisors. “In some of the key markets, that contributed to the recovery.” [snip]
“The thing that scares me is the values going up so quickly,” said Mr. Cusumano. “That’s what happened before and that’s what’s scaring me. Is this going to happen again?” [snip]
In a sign of the potential peril ahead, some of the investment firms have recently taken the first steps to cash out.”
It’s a pump and dump. It’s pump, dump, slump. The Federal Reserve is pumping up the stock market and investment firms are pumping up the housing market. It is all a fake. The suckers are coming in and the big money is getting out. The big money will do well, the suckers… chumps.
The rise in home prices and real estate generally has been hyped as the great indicator of the recovered Obama economy. But it’s just a gilded invitation to a Red Wedding:
“Report: US hasn’t seen expected ‘Great Recovery’
The expected U.S. “Great Recovery” hasn’t materialized and the economy has fallen short of even normal growth, according to a forecast released Wednesday.
The second-quarter UCLA Anderson Forecast said the growth of real gross domestic product – meaning the inflation-adjusted value of goods and services produced – is too small to help the nation climb out of its slump.
The figure was 15.4 percent below a “normal” growth trend, forecast director Edward Leamer wrote.
“To get back to that 3 percent trend, we would need 4 percent growth for 15 years, or 5 percent growth for eight years, or 6 percent growth for five years, not the disappointing twos and threes we have been racking up recently,” he said.
“It’s not a recovery. It’s not even normal growth. It’s bad,” he wrote.”
It’s Borgia Italy. According to the report, “The figures will get a boost from a recovering housing market….” What “recovering housing market”?
“Unemployment should fall to 6.9 percent next year and 6.6 percent by 2015, according to the forecast – partly due, however, to discouraged workers dropping out of the labor force.
Leamer said that while jobs are being created, “the tepid growth continues to obscure the nation’s most fundamental problems: too much government spending funded with too much borrowing, too little national savings to cover late-in-life health care issues and too many workers lacking the skills to compete in the modern economy,” according to a University of California, Los Angeles press statement.
In addition, the jobs being created may not provide workers with a secure future and the education system is failing to provide skills such as analytical thinking that will be crucial for future workers, he wrote.”
It’s Borgia Italy. It’s America in Barack World. It’s the Age Of Fake. This past Saturday we were treated with a full Borgia Italy story:
“Obama was pushed by Clintons into endorsement of Hillary in 2016: book
President Obama made a secret deal to support Hillary Clinton when she runs for president in 2016, campaign sources say, payback for the support her husband gave him in 2012.
Bill Clinton’s animosity toward Obama is legendary. A year before the last election, he was urging Hillary to challenge the sitting president for the nomination — a move she rejected.
According to two people who attended that meeting in Chappaqua, Bill Clinton then went on a rant against Obama.”
Our regular long time readers will recall the behind the tapestry Borgia Italy machinations and long knives which we wrote about as they happened. The worry was such in the Obama CREEP that they began to run ads in late 2011 in order to pump up Obama’s poll numbers and prevent a Hillary challenge. This is some of what we wrote in June 2011:
“When we talk about “save the world” it is in the sense that someone has to be around to talk sense when American ally Mubarak is flung out and a wide open invitation to the Muslim Brotherhood is issued by Obama.
The bus might blow up this September and someone must be there to prevent treachery and boobery from killing us all. But at the same time, the bus must be stopped and there is only one person who can stop it and not blow it up too.
* * * * * *
Every American should be agitated by the prospect of no Hillary to block or inside-organize against Barack Obama, particularly as September approaches. Hillary Clinton will be indispensable this September when at the United Nations plots to destroy Israel will rise once more and there must be someone genuinely committed to the security of Israel.”
Susan Rice was at the U.N. doing Barack Obama’s bidding in 2011. It was urgent to get rid of Obama. We were able to explain only partially in that article what was going on behind the scenes even as Bill Clinton kept up his attacks on Barack Obama.
By December 2011 we were free to explain with much more clarity:
“By summer we were led to understand something was going to happen in September that might cause a change in the line of succession in the United States. Originally Barack Obama was set to stab Israel in the back at the United Nations and that Obama treachery would have had domestic consequences and a possible resignation. But that treachery was averted by Palestinian bumbling and miscalculations at the U.N. and a smart Hillary Clinton.
Something else, something much more important, then happened on September 13. As we tried to piece together the information we received piecemeal, in order to finish our promised articles, more information came into our possession.
The information we received was that votes were being taken at labor union executive meetings asking about Barack Obama. What we were told, from long time reliable friends and sources, was that certain U.S. Senators and Democrats were requesting union locals to survey their boards on the question of whether Barack Obama deserved reelection. What was odd was that the unions were asked to tape record the responses and provide them to these senators.
The responses were not what our sources expected. What we were told happened at these private executive board meetings was a wave of yelled anger against Barack Obama. The board members who did the most yelling and expressed the most anger were black women and black men members of the various executive committees.
As we called other sources to ask about the meaning of these votes, to be tape recorded, we were asked to let things play out and not expose these votes. We complied with these requests so that the meetings could proceed without interruption. We complied because there were other activities and non-activities which persuaded us that was the right course to take.”
On September 13, 2011 the victory by Republican Bob Turner in the race for the district formerly represented by Anthony Weiner forced Barack Obama’s hand at the United Nations. The fear was that in a district that should have been an easy win for an Obama Dimocrat the power player Obama Dimocrat lost and the big issue was Israel. The public calls by people like Schoen and Caddell for Hillary Clinton to challenge Barack Obama were doomed to go unanswered.
Barack Obama was worried about a potential Hillary Clinton challenge in 2012. We repeatedly wrote that Hillary would not openly stage a nomination fight. The fight was behind the scenes, behind tapestries, with long swords and short knives. After the potential coup was prevented in late 2011 Barack Obama thought he was through with the Clintons. But once again Obama was wrong:
“For his part, Obama wasn’t interested in Bill Clinton upstaging him during the presidential campaign. He resisted giving him any role at the convention.
But as last summer wore on, and Democrat enthusiasm waned, chief political strategist David Axelrod convinced the president that he needed Bill Clinton’s mojo.
A deal was struck: Clinton would give the key nominating speech at the convention, and a full-throated endorsement of Obama. In exchange, Obama would endorse Hillary Clinton as his successor.
Clinton’s speech was as promised; columnists pointed out the surprising enthusiasm in which he described the president. It also lived up to Obama’s fears, as more people talked about Clinton’s speech in the weeks following than his own.”
Again, we wrote about the lunge and parry of the Bill Clinton speech in North Carolina. Bill deliberately provoked Barack by demonstrating real oratorical skills he knew would overshadow Obama’s flaccid skills.
Bill Clinton also kept Barack Obama waiting in the back as Bill provided the full speech the Obama henchmen had earlier tried to shorten. Valerie Jarrett and Barack ‘I won’t be kept waiting’ fumed even as Barack had to force a smile – knowing full well that Bill knew that Barack knew that Bill knew that Barack knew that there was nothing Barack could do because he needed Bill more than Bill needed Barack.
There were other bits of fighting which we documented. On Bill Clinton speech night it was Monica Lewinsky’s Rabbi that spoke at the invitation of Obama’s convention planners. The night before the Bill Clinton speech a video of Ted Kennedy endorsing Obama over Hillary in 2008 was the main attraction. Bill Clinton’s closest aide, Doug Band, let it be known he was voting for Mitt Romney. Bill Clinton had some good things to say to Paul Ryan and Youtube was there. Bill Clinton also defending Mitt Romney on the most important line of attack, Bain Capital, launched by Obama’s thugs.
What was Bill Clinton up to? Charles Krauthammer called Bill Clinton “a double agent for the GOP”. Bill Clinton knew it was up to Mitt Romney to make the case and sadly it was increasingly clear that Mitt Romney might make a good president but his campaign skills were sub par along with his campaign.
Bill Clinton also knew he had to gull dimwitted Obama supporters away from their Hillary hate. Bill and HillaryLand knew that the Obama hierarchy of Hillary hate would not abide Hillary but the voters could be swayed. Bill swayed.
But Obama and the hierarchy of Hillary hate henchmen will do everything to prevent Hillary Clinton from getting the 2016 nomination, as we have repeatedly written. Obama’s word cannot be trusted. Obama cannot be trusted:
“But after his re-election, Obama began to have second thoughts. He would prefer to stay neutral in the next election, as is traditional of outgoing presidents.
Bill Clinton went ballistic and threatened retaliation. Obama backed down. He called his favorite journalist, Steve Kroft of “60 Minutes,” and offered an unprecedented “farewell interview” with departing Secretary of State Hillary Clinton.
The result was a slobbering televised love-in — and an embarrassment to all concerned.
It is just one of the debacles that have marked Obama’s second term, from Benghazi to the IRS scandal. While he was effective on the campaign trail, once in the Oval Office, he becomes a different person, one who derives no joy from the cut and thrust of day-to-day politics and who is inept in the arts of management and governance.
Obama has made a lot of promises — and nothing ever happened. [snip]
He may yet try to back out of his promise to Hillary Clinton. But as Obama’s presidency sinks deeper into scandal and inaction, the question is — will Clinton even still want his endorsement?“
Only Bill Clinton or Hillary Clinton can confirm or refute this “deal” report. Much of it jibes with what we have been told. Um, what, um, difference, um at this point, um does this make – to borrow the Hillary sentence that makes many see red?
If you think that we live in a 21st century democracy of the people, by the people, and for the people, we understand why you are outraged and will scream at the idea of a “deal”, especially one with such dastardly results.
For those whose political passports read “Borgia Italy” the anger is not as treasured as compared to what comes next. For Bill and Hillary Clinton we will continue to monitor their war against Barack Obama. As we have written:
“In 2016 the greatest threat to Hillary Clinton is once again Barack Obama – and his legacy of weakness and profligacy. Tie Hillary Clinton to Barack Obama and she loses.”
For the Democratic Party it is important to fumigate the Obama thugs from the party. The only way to do that is to give the Clintons control, have a bloodbath in the party, then proceed to accomplish things for the country in a healthy issues fight, not race-baiting, with the Republican Party.
For the country, the future is dire. Those who say “to hell with the Clintons” and make relativistic drudges about “no difference” you’ll be nonplussed at American foreign policy under control of Barack Obama, Susan Rice, and Samantha Power.
Tom Donilon was a Hillary hater and an all around horror. Now, Donilon out, Rice to be new National Security Adviser. Susan Rice on Benghazi is nothing compared to the treachery against Israel that was planned for September 2011 by the same Susan Rice. Samantha Power to replace Rice at UN is the apex of treachery and horror:
“In 2002, Power told a Berkeley interviewer that she would advise a President to put together a “massive” Western military coalition to occupy Israel and the Palestinian territories in order to impose “a solution on unwilling parties.” On top of that, she told Harry Kreisler that this should be done even though it “might mean alienating a domestic constituency of tremendous political and financial import.” That would be the Jews in America, in case the subtlety didn’t come across:”
If you think things are bad now, on the economy and foreign policy, they are about to get worse.