Obama

His Majesty is Not Amused

Mark Noonan4 Comments

Seems like His Majesty, Barry I, isn’t all that happy his speech on jobs was postponed – from Politico:

It seemed like a trivial matter: On Wednesday, House Republicans forced the president to delay his speech to a joint session of Congress by one day.

Who cares? The White House cares. Very much.

“It is a big deal that the House said ‘no’ to the president from our end,” a White House source with intimate knowledge of what took place between the House and the president told me Thursday. “This confirms what we all know: They will do anything in the House to muck us up.”

On Wednesday, the White House staff did not know exactly what President Barack Obama was going to say in his major jobs speech, but it knew exactly where and when he was going to say it…

This is a sign of a floundering White House…they are not only mad about something as trivial as this, but they are letting people know they are mad.  The White House cooked up a plan and, darn it, Congress didn’t meekly go along with it!  The nerve!

Leaving aside the fact that the Congress is not at the beck and call of the President, it speaks volumes about the Obama Administration that they didn’t clear the date in advance with Speaker Boehner.  This shows that they just presume that obedience is automatic…that at the end of the day everyone will defer to The One.  While Obama has lost his luster with the public, it seems that for himself and his closest advisers, the rules of 2008 still apply…and when it is time for the Prophet to speak, everyone else is supposed to tremble and obey.

I’ve got one piece of advice to Obama and his crew – get used to this.  Its not that we disrespect the office of the President, but that we’re not about to follow the Obama script.  Obama is one player among many – certainly an important piece of the puzzle, but in no way does he rule the roost.  And, as an aside, if Obama and his cronies hadn’t so continually insulted us and lied about us, things would be different.

 

 

Another Obama Business Dies

Mark Noonan9 Comments

If Obama lauds it, it will die – from NBC Bay Area:

Solyndra, a major manufacturer of solar technology in Fremont, has shut its doors, according to employees at the campus…

…Solyndra was touted by the Obama administration as a prime example of how green technology could deliver jobs. The President visited the facility in May of last year and said  “it is just a testament to American ingenuity and dynamism and the fact that we continue to have the best universities in the world, the best technology in the world, and most importantly the best workers in the world. And you guys all represent that. ”

The federal government offered $535 million in low cost loan guarantees from the Department of Energy. NBC Bay Area has contacted the White House asking for a statement…

Government can’t deliver jobs – it can’t even pick which company will be solvent a year later.  The only proper role of government in the economy is as a facilitator of a honest and free market…after that, it is up to the people to decide what works and what doesn’t.  Maybe Solyndra’s technology will eventually catch on or maybe it will remain a white elephant…but there is no way for government to know, and any attempt by government to make it work only ensures it will fail…because if you subsidize something, you’re just going to ensure that it never developes enough strength to make it on its own.

Please learn the lesson, liberals…you can’t control the market.  Sure, you can make certain that everyone is being honest; sure you can make the paths of the inventor, manufacturer, investor and consumer smooth…but you can’t choose the path and you can’t force people on to it.  Leave it alone – it will all be ok; it happens all of its own accord, if you just leave it alone.

More Rumors the Fed Will Print

Mark Noonan2 Comments

From Zero Hedge:

For now it was just Jan Hatzius calling for QE3 now if not sooner. With the addition of JPM to the list of banks now implicitly expecting (read demanding) QE3, it is now quite clear how Wall Street feels – after all someone has to pay those Wall Street bonuses – it sure won’t come from M&A activity, underwriting of Chinese IPO frauds, or trading volume. Here is the key sentence from a just released note by JPM’s Michael Feroli: “We believe the minutes lend themselves to our view that there is a somewhat better-than-even chance the Fed takes action at the next meeting to increase the average maturity of assets on their balance sheet.” Keep an eye on the market tomorrow for confirmation: a third day of the same low volume meltup we have seen this week should make the open QE3 question into case closed…

For those unfamiliar, a “low volume meltup” is when the stock market rises high for no reason (or, indeed, even rises when the news clearly indicates a down day) on low trading volume.  For the most part of late, if you see the market dropping it is a much higher volume trading day than the days you see it rise.  All part of the fake, ponzeconomy we currently have.

Anyways, getting back to the Fed printing money.  I’m still figuring it won’t happen.  I understand that the only way we may avoid an “official” recession (ie, where the government numbers clearly show it) is by printing up money…but even that isn’t a sure thing, and any “good” you get out of it will have to be counterbalanced by the knowledge that more printing will lead to more inflation for basic necessities (food and fuel).  To me, there is far more downside political and economic risk in printing than in not printing.  But rumors of “QE3” keep flying, and now there this statement from someone at JP Morgan saying it may well happen..and if anyone is juiced in to Fed decision making, it would be a firm like JP Morgan.

I hope they don’t do it as it would be, long term (and possibly short term) a catastrophe for the economy.  But the Ruling Class is desperate – something has to be done to get unemployment down below 8% by August of next year or Obama and his Ruling Class liberals are doomed.  Dying Ruling Classes do tend to cast around for desperate expedients to stay alive…even rather stupid expedients.  And, so, even though I still think they won’t print, I have to put money printing in the realm of distinct possibility…we’ll see how it comes out.

 

Poll: “Generic Republican” Beats Obama by 8

Mark Noonan24 Comments

From Rasmussen:

…The latest Rasmussen Reports national telephone survey of Likely U.S. Voters finds the generic Republican earning 48% of the vote, while the president picks up support from 40%…

Long way before the election, lots can change, GOP doesn’t have a nominee…yadda, yadda, yadda; but, still, this has got to be like a dagger in the heart of all liberals out there.

Which makes posting it rather fun, don’t you think?  I have to ponder this – I’m forbidden to take revenge, but is there an injunction against me laughing at my opponents as they politically crash and burn?

Obama: “I’m Irresponsible and Unpatriotic”

Mark Noonan7 Comments

Well, that is the case if we take his own words at face value – from NRO’s The Corner:

…Two days ago, CNSNews unearthed a video that captured a July 3, 2008 campaign speech by then-candidate Obama. In it, he said:

“The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from 5 trillion for the first 42 presidents–number 43 added 4 trillion dollars by his lonesome, so that we now have a 9 trillion dollar debt that we are going to have to pay back–$30,000 for every man, woman, and child. That’s irresponsible. That’s unpatriotic.”…

If that is the standard, then Obama is vastly more irresponsible and unpatriotic than President Bush…it took Bush 8 years to pile up $4 trillion in debt, Obama did it in 2 years, 8 months.

To be sure, it is doubtful that Obama really meant what he said – it is highly likely that he was just doing the typical liberal Democrat thing…saying whatever proved necessary to win.  Had President Bush lowered the debt by $4 trillion, Obama would have accused Bush of being unpatriotic and irresponsible for not “investing” in America…and If Obama charges up another $8 trillion by 2017 (presuming he is re-elected) he still won’t consider it unpatriotic or irresponsible.  And if the next President is Republican – in 2013 or 2017, doesn’t matter – and creates only $2 trillion in debt over his 8 year term, Obama and the Democrats will call it irresponsible and unpatriotic.

For a liberal Democrat, the only test is victory – if Democrats obtain more power and personal wealth, then it was good…if they don’t, then its bad.  Right and wrong, human decency, the fate of the nation and the world – all is subordinate to the power and wealth of our liberal Democrats, their RINO enablers, and their crony capitalists.  Keep that in mind any time a liberal Democrat speaks…they aren’t saying what is relevant and true, but what they think (and have likely poll-tested) will help them win.

Obama’s Job Plan! We are saved! Oh wait……

tiredoflibbs13 Comments

We’ve all been waiting with anticipation for the obAMATEUR to return from his vacation and explain to us his grand jobs plan … right?

Oh yeah!  We’re saved!

The smartest man ever to become president, has a plan!  Or does he?  Finally, almost three years in office, Our “sort of a god”, the “rock star”, the “one”, the savior of the world, president who had to “step down” into the office of the presidency is going to step forward and present his plan so Americans can go back to work.

But no.  Once obAMATEUR left for “his so well deserved” vacation, his dog washers are making excuses and down-grading (just like our credit rating) the expectations of his jobs plan.  It was down-graded to a jobs outline.  So from a specific plan with details on job creation, we are now to expect an outline!

Okay…okay…that could work.  But wait…. an outline is asking too much from this pResident.  Now, according to deputy spokesman Josh Earnest,  we can anticipate “some reasonable ideas that can have a tangible impact,”

Who is he kidding?  The American people feel more negatively about our economy than they’ve felt in decades … and that’s because the American people know that we have a man in the White House that has no clue in the world what he is doing.  He’s a freaking community organizer and leftist activist, – not a brilliant economic mind.  This man doesn’t have the knowledge or experience to run a lemonade stand, yet there he sits on his godly throne telling us that he is going to save our economy with some “reasonable ideas”.

We have heard it all – We were going to get a plan AFTER his vacation (after saying “I will not rest until….”), then an outline and now a list of “reasonable ideas”.  Who gets to define “reasonable”?

We are going to be blessed with Stimulus II, or III or whatever, more “green jobs”, weatherization,  you know, more from the oh so successful Stimulus I that was going to keep unemployment under 8%.

The drones, of course, will be waiting with baited breath for their tweets to regurgitate the dumbed down talking points.  This will be nothing but a bad plan, so obAMATEUR can have a campaign issue – “see, the Republicans don’t want a recovery.  They are fighting me at every turn.”   or some such nonsense.

Perry Vs Obama

Mark Noonan13 Comments

From NRO’s The Corner:

I don’t know – I have to doubt the Obama picture as I am unaware of any valid pictures of Obama smoking (and NRO notes that the picture might be of Obama prior to turning 22)…but, even if that is a bit photo-shopped, it still tells a bit of truth.  At 22, Obama wasn’t doing anything of note…Perry was.

If 2012 turns to an election on resume’, then Obama will be toast against Perry…

Obama 39%…Ron Paul 38%

Mark Noonan6 Comments

More proof that 2012 is becoming an “anybody but Obama” year – from Rasmussen:

…Texas Republican Congressman Ron Paul earns 38% of the vote to President Obama’s 39% in the latest Rasmussen Reports national telephone survey of Likely U.S. Voters. Fourteen percent (14%) like some other candidate, and eight percent (8%) remain undecided…

The reason we’re still wondering if Palin and Christie will get in the race is because it is becoming likely that whomever the GOP nominates, if they are just a credible alternative, will be the next President.  For a Republican, 2012 might be the easiest year to run, ever.

Setting aside the usual “its a long time and anything can happen” caveats, the political dynamic is shaping up to be excruciating for President Obama and his Democrats.  Only a sharp pivot away from liberalism can possibly change things sufficiently by November, 2012…and any such pivot opens up the prospect of ultra-liberals staying home, or opting for a Third Party candidate.  An incredible run of luck can still save Obama’s bacon, but that is just about it.

So, Republicans, choose with care – the guy or gal we nominate is whom we’re likely to be stuck with for four years.  No do-overs.