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Title: Unprecedented Arrogance
Source: Jewish World Review
URL Source: http://www.jewishworldreview.com/da ... gh070210.php3?printer_friendly
Published: Jul 2, 2010
Author: David Limbaugh
Post Date: 2010-07-02 23:22:59 by reaganisright
Keywords: Zero, Failure, Economy
Views: 3226
Comments: 4

The Obama administration grows more arrogant, cavalier and fundamentally dishonest every day. Just in the past few days, we've seen a number of troubling examples. Frankly, sometimes it's hard to keep up.

In a speech in Wisconsin, Obama was bragging about how wonderful the terrible economy is. You'll recall that during both of President George W. Bush's terms, Democrats, including Obama, castigated him for destroying the economy, despite the existence of empirically verifiable robust growth during some seven of those eight years.

Now that Obama has been in office for a year and a half and his economy is failing by all objective measures, he and his Democrats demand, once again, that we ignore the empirical evidence in front of our faces and bow down to them in reverent gratitude for ensuring that things are not worse than they are.

Everyone knows Obama promised — he was hardly tentative about his prediction — that if the nation followed him over the cliff with his harebrained "stimulus" scheme, unemployment would not exceed 8 percent. When unemployment soared above 10 percent, he insisted we be patient to allow his plan to work. Now that it stubbornly remains in the high 9s, he tells us that if he hadn't implemented his stimulus bill, the economy would be much worse (12 or 13 or 15 percent), so we not only are forbidden from criticizing him for this disaster but also must genuflect because only three of the four wheels of the economy are teetering over the edge of the cliff.

He said, "There may be some roads that not only were repaired but also were ... linked up to create a new industrial park that would facilitate long-term economic development beyond this immediate crisis."

Can you imagine the reaction of the liberal media had a Republican president uttered such gibberish? There "may be some roads"? How's that for a non-statement? That were linked up to a new industrial park to facilitate long-term growth? How about some facts here, Mr. Intellectual? Then again, how can you blame him for citing nebulous "facts" and failed economic theory when neither the real facts nor the economic evidence substantiates his claims.

He also said that every economist who's looked at it has said that the recovery did its job. Would someone please get this man a link to The Heritage Foundation's website or any other credible conservative think tank or economist? Time and time again, Heritage scholars have not only argued but also demonstrated why Obama's economic policies don't work in theory and haven't worked in practice. As noted many times before, they have not helped avert a crisis, but have exacerbated already bleak conditions. Sure, all economists agree with him, just as all Americans agree with his socialistic policies.

Moving on, in the past few days, we've also heard from former Justice Department attorney J. Christian Adams, who has confirmed — from the belly of the beast — our worst suspicions about Obama and Eric Holder's Justice Department's dismissing a slam-dunk case for voter intimidation against New Black Panther Party members for racial reasons. This is an egregious trampling on the rule of law, an outrage that would subject any Republican president to charges of high crimes and misdemeanors, a scandal of the first order for which this administration isn't even bothering to develop "plausible deniability."

Next, we read about Obama's reaction to Sen. Lamar Alexander's reasonable suggestion that any energy discussion between the president and a "bipartisan" group of senators should include a focus on the oil spill and BP. Obama said, "That's just your talking point," and flat-out refused to discuss the subject. Is he king or what?

Finally, we've also witnessed this week another outburst from that paragon of smugness, White House press secretary Robert Gibbs, whom I criticized earlier for mocking members of the press corps for their legitimate questions in lieu of attempting to answer them in good faith.

This time, this little smarmy nerd-thug mocked Sen. Jon Kyl of Arizona for claiming Obama told him in a private meeting he would not secure our borders because it would disincentivize Republicans from supporting his effort to pass "comprehensive immigration reform" (read: amnesty). Gibbs accused Kyl of changing his story and basically arguing with himself on the matter, even though Kyl has not retreated an iota from the only relevant assertion: that Obama made the statement in question. Watch the video in which Gibbs clearly intends to create the false impression Kyl had vacillated on his charge (http://freedomslighthouse.net/2010/06/30/robert-gibbs-mocks-gop-sen-jon-kyl-in-answer-about-border-conversation-with-obama-video), and tell me with a straight face we're not dealing with an entirely unprecedented level of arrogance in this White House.

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Begin Trace Mode for Comment # 2.

#1. To: reaganisright (#0)

There is only the Corporate Media.

Note nothing about America's Chernobyl and letting bp of the GObP survive.

http://apologizetobp.com/

Apology Readiness Plan

Dear BP,

I would like to apologize for not sharing my hurricane readiness plan with you. You see, everyone who runs a business or who lives on the Gulf Coast, has a hurricane readiness plan. Businesses have specific plans for protecting office equipment, automobiles, windows, etc. Residents have their personal plans, with evacuation lists that assure things like treasured photos and grandmother’s silver tea service are carefully packed and loaded in the family vehicles when the evacuation order is announced. We have a plan for our animals (dogs, cats, fish, WALRUSES, etc.) in order to prevent death or injury to our beloved pets. Apparently multi-billion dollar oil companies who drill in deep waters off our once-pristine beaches have no such plans. Forgive me for assuming a multi-billion dollar corporation would have a plan for hurricane preparedness when they drill in the waters that are repeatedly assaulted by deadly tropical storms. My bad!!!

Submitted by Karen on our facebook page.

mcgowanjm  posted on  2010-07-03   9:00:11 ET  Reply   Untrace   Trace   Private Reply  


#2. To: mcgowanjm (#1)

despite the existence of empirically verifiable robust growth during some seven of those eight years.

5 at best and, as we've learned, it was illusory...

war  posted on  2010-07-03   10:30:07 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 2.

#3. To: war (#2)

I can and have documented that the Bottom 90%(an oxymoron btw) have been getting crushed since US Domestic Oil Production Peaked in 1971, the same year that Nixon defaulted on gold(no accident the same year).

And that this:

"For over a century, farmers in wealthy countries have been able to engage in a process where they protect themselves against risk. Farmer Giles can agree in January to sell his crop to a trader in August at a fixed price. If he has a great summer, he’ll lose some cash, but if there’s a lousy summer or the global price collapses, he’ll do well from the deal. When this process was tightly regulated and only companies with a direct interest in the field could get involved, it worked.

Then, through the 1990s, Goldman Sachs and others lobbied hard and the regulations were abolished. Suddenly, these contracts were turned into “derivatives” that could be bought and sold among traders who had nothing to do with agriculture. A market in “food speculation” was born."

Except the London Independent got it wrong. Derivatives and not having to take delivery of 'product' or 'produce the total amt of cash offered for same' was critical in allowing the CDO platform to be created.

The Time was the Summer of 1982 and Greenspan authored the Bill which Reagan eagerly signed. Thus the Age of Debt Creation.

Which is also why our very own Blanche Lincoln was in the cross hairs of this latest finReg boondoggle. She's the Chairman of the Ag Committee that started the Options Game.

mcgowanjm  posted on  2010-07-03 10:44:43 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 2.

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