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Earth To President Obama, Adding Speed To Our Death Spiral Isn’t Helpful

Happy Labor Day, Mr. President!

Now can I give you some Main Street advice?  Get yourself some new advisors.  Maybe some earthbound ones.  Because, after listening to your speech on the economy from the White House Rose Garden last Friday, I, along with most of Main Street America, got the distinct impression you live on another planet.

“We are confident we are moving in the right direction.”

–President Obama, September 3, 2010

Seriously?  Have you seen the polls?  Wrong direction is so universally felt it bridges the partisan divide.

Sixty-four percent (64%) of all voters say the country is heading down the wrong track

–”Right Direction or Wrong Track (9/01/10)“, Rasmussen Report

And as to the economy:

Eighty-one percent (81%) of the public rates the county’s economic conditions as poor… Forty-four percent (44%) of people questioned describe economic conditions as very poor…

– ”CNN Poll: Number of people who say economy in very poor shape on rise“, PoliticalTicker

So where did your “right direction” “confident we” come from, Mr. President?  Is the “we” the CEOs and upper management few whose salaries have barely felt the pinch of this recession?

American workers, by contrast, are taking home less in real weekly wages [in 2009] than they took home in the 1970s. Back in those years, precious few top executives made over 30 times what their workers made. In 2009, we calculate in the 17th annual Executive Excess, CEOs of major U.S. corporations averaged 263 times the average compensation of American workers.

–Sarah Anderson, Chuck Collins, Sam Pizzigati, Kevin Shih, “Executive Excess 2010: CEO Pay and the Great Recession,” Institute for Policy Studies

Maybe the “confident” are members of Congress whose salary (not including the $1.5 million per member in discretionary office accounts, perks, travel expenses and health benefits) actually increased by $8,800 (more than 5 percent) between 2007 and 2009.  While at the same time :

The per capita personal income in the Unites States shrunk by more than half a percentage point, or $254, from 2007 through 2009, according to the U.S. Dept. of Commerce’s Bureau of Economic Analysis.

  • 2009: Per capita personal income, $39,138 – Congress pay, $174,000
  • 2008: Per capita personal income, $40,166 – Congress pay, $169,300
  • 2007: Per capita personal income, $39,392 – Congress pay, $165,200

–Tom Murse, “Even in Recession, Congress Pay Grew“, About.com

And could those “moving in the right direction” be the wealthy — many of whom are in Congress:

The 50 wealthiest lawmakers were worth almost $1.4 billion in 2009, about $85.1 million more than 12 months earlier, according to The Hill’s annual review of lawmakers’ financial disclosure forms.

Twenty-seven Democrats along with 23 Republicans make up the 50 richest in Congress; 30 House members and 20 senators are on the list.

–Kevin Bogardus and Barbra Kim, “Wealthy lawmakers increased their riches as U.S. economy sputtered in ’09″, The Hill

One thing the Main Street “we” are confident about, Mr. President, is that you are not listening to us.  Because if you had, you never would have said:

“The key point I’m making right now is that the economy is moving in a positive direction,”

– President Obama, September 3, 2010

Change in corporate profits and number of jobs in the U.S. since the start of the recession.

Optimism and persistence are powerful tools Mr. President, but they need to be grounded in reality. The only thing moving in a positive direction these days are corporate profits.  And profits are no longer attached to Main Street jobs (h/t Kevin Drum at Truthout).

Once again proving the old fallacy that a rising tide lifts all boats.

So tell me Mr. President, what is “right” about an economy that continues to bleed jobs?

22 million Americans are now jobless. Add in those who are working part-time who’d rather be working full-time, and we’re up to 25 million.

–Robert Reich, “The Great Jobs Depression Worsens, and the Choice Ahead Grows Starker, Robert Reich Blog

And to even get unemployment back to our pre-recession 5% will require:

…the economy to generate about 17 million jobs — or about 285,000 a month for five straight years — according to Heidi Shierholz, a labor economist at the Economic Policy Institute in Washington.

–Alana Semuels, “For many unemployed workers, jobs aren’t coming back“, Los Angeles Times

Where is the “positive” when the three fastest growing occupations barely pay above minimum wage?  And when the fastest growing occupations won’t keep a family of three above the poverty line?

…wage of $8.28 an hour would earn an annual salary of $16,560, based on a typical 2,000-hour work year: That salary is just below the 2009 poverty threshold for a family of three.

–Kai Filion & Andrea Orr, “Jobs … but low pay, Economic Policy Institute

And who can be among the “confident we” when:

Bankruptcy filings rose 20 percent in the 12-month period ending June 30, 2010… According to statistics released Tuesday by the Administrative Office of the U.S. Courts, a total of 1,572,597 bankruptcy cases were filed in federal courts in that period….Non-business filings for the 12-month period ending June 30, 2010 totaled 1,512,989…Business filings totaled 59,608.

–”Bankruptcy Filings Jump 20 percent, WebCPA

Surely you don’t think home-owners who are losing their homes are “moving in the right direction,” Mr. President.  And they are not the few:

More than 2.3 million homes have been repossessed by lenders since the recession began in December 2007

–Alan Zibel, “One in 10 with a mortgage face foreclosure, dallasnews.com

Nearly 528,000 homes were repossessed by lenders in the first six months of the year, putting 2010 on pace to eclipse the more than 900,000 homes repossessed in 2009,…In all about 1.7 million homeowners received foreclosure notices from January to June, which is about one in every 78 US homes.

–”US Could See Record 1M Foreclosures in 2010“, Newser.com

Mr. President, our economy is not a bad rumor that needs to be squashed.   Nor a mental health issue we just need to get over.  We are not a nation of hypochondriacs or fear mongers or socialists.  The American people are not looking for freebies or hand outs.  MAIN STREET NEEDS JOBS TO SURVIVE.

“We’re moving in the right direction…We just need to speed it up.”

–- President Obama, September 3, 2010

Earth to President Obama:  Main Street America is in a death spiral.  Adding speed to our downward movement isn’t helpful.

  • Tricia

    Great post Linda!  You go girl!  Great collection of important pieces of information to paint, unfortunaely, a not do great picture.  But one that everyone needs to understand instead of just fawning over Obama’s words.  And they are JUST WORDS.

    I think that the Obama adminstrations adheres to the cruel and illegitimate school of thought that ”saying it will make people believe it’s true.”  Fortunatey even his earlier supporters are beginning to scratch their heads and rethink what they bought into.

  • Olivia1998

    I swear him and/or Michelle will show up for a speech wearing tin foil hats.  Now that I think about it that would be an improvement to her wardrobe.

  • arabella trefoil

    Good one, Linda. Nice to see some facts presented with cogent analysis.

    Unlike Obama, who is just spinning around the drain. I watched his whole dang speech. It was part lies, part copying the oppo, and part painful shuckin and jivin.

    It just killed me when he promised to work every minute, every hour, every second 24/7 to turn the economy around. Say what? He has the audacity to day this after three vacations?

    I did get a laugh over his presenting a “6 year plan for Economic Recovery.” That sound bite is funny in so many ways.  I felt like sayin’ hey, dawg, you ain’t gettin’ no 6 years. 2 years maybe. You got a some pair on you to think you’ll get another term.

  • TeakWoodKite

    Dr Roubini said US companies have plenty of cash but are boosting profits by a policy of “slash and burn” on labour costs. “We’ve lost 8.4m jobs and if you include the loss of hours worked it is equivalent to another 3m. We need to generate an extra 450,000 jobs every month for three years to get it back,” he said.
    The US non-farm payrolls data released on Friday was better then expected but still showed a net loss of 54,000 jobs.

    H/t to an NQ poster. Thanks.

  • Yttik

    “The key point I’m making right now is that the economy is moving in a positive direction”

    What he means is that he can afford to eat lobster every day and go on vacation every week. See? The economy is fabulous, it’s you bitter small town people that have a problem.

  • sowsear

    Where is that picture showing BO in mirror image…walking in two directions?

  • TeakWoodKite

    Spot on Linda!

  • sowsear

    Where is that picture of BO, the inkblot, walking in opposite directions.

  • HARP

    He is like the captain of a sinking ship telling people not to worry…….Land is only 1 mile away……..Straight down.

  • carol haka, Matzo

    IT was on Drudge.

  • carol haka, Matzo

    There are no words that can truly describe what a lying, stupid F8ck he really is!

    >:o >:o

  • My Site (click to edit)

    There he goes again, trying to buy votes!  $50 bil for infrastructure.  The headline said he’s “lambasting the GOP.”  Oh dear, I bet those Republicans are quaking in their boots, no?

  • Mark

    Of course 0bama is moving in the right direction; as far as he is concerned.  0bama is trying to destroy the country, when did anyone ever get the impression that 0bama was on our side?  I’ve never seen any evidence of that.

    0bama did not just sit around in a marxist black liberation theology church for 20 years just to get out of the rain.  He had a purpose there.  I would not be so quick to discard what this man believes in, especially what he has spent almost his entire adult life following.

  • whoisjohngalt

    Golf, vacation, lobster–things are good!

  • HARP

    Some say Obama has been like this all his life.

  • Rabble Rouser Rev. Amy

    Mark, Mark, Mark – don’t you know Obama is a “mainstream” Christian, according to his spokeweasle, Robert Gibbs?  That liberation theology thing abt which you speak is just plain wrong – c’mon!  You know TUCC wasn’t like that!!

    Ahem.  Seriously – can you believe Gibbs is trying that one?  Wow.

  • Obama: Dubya 2 Electric Boogaloo

    It’s good to be the king!

  • PssttCmere

    If Hell is our destination, then we are headed in the right direction!!

    NANCEEEEEEEEEEE….put impeachment on the table!!!

    “Say What You Will…It Feels So Good”

  • beyond__words

    Well sometimes it’s damned if you do or don’t no matter what’s said but it would be nice to hear some honesty – I.E. “The economy is still recovering and the hard times are not over yet” – would probably win more respect everywhere.

    Instead the narcissicist is incapable of admitting self-fault so he gives himself more unearned kudos and another B+. Typical.

    I suppose all those in power amassing 1.3 billion ‘tween them are so far removed from the common person working or trying to work they probably can’t grasp the anger against them.

  • Hank
  • sowsear

    You got a some pair on you to think you’ll get another term.
    Remember you’re talking about the Cheater-in-Chief…

  • Olivia1998

    LOL Harp.  I laughed out loud.  That is just about the funniest picture I have ever seen.  It’s the  likeness that got me.  He had that same look this afternoon. I swear he was jumping up and down like my 4 year old Granddaughter when I tell her she can’t have something.

  • annie

    If we were living the way that he is we would be able to say things are great and if we were making what congress is making we would be able to……They all should be ashamed of themselves  giving themselves pay raises and then saying social security is holding an increase for 3 years. Lets vote to get them all out………..

  • Patience

    Thank you for a great article Linda.

    The POTUS is a “day late and a dollar short” as far as his Labor Day proposals go.  What legislator in his/her right mind is going to risk voter wrath and vote for more government spending 8 weeks before the mid-terms?  I guess we’ll find out…

    As I said on another thread here, I think Republicans, as a show of good faith if elected the majority, should pledge to cut their salaries, staff and perks by at least 15%.

    I also think a (minimum 6 mos.) payroll tax holiday for new hires should be implemented, as well as across-the-board cuts.

    I no longer want legislators and the WH picking winners, IYKWIM.  Politicians aren’t necessarily the best people to decide where to stimulate business growth.  The recent collapse of the housing market is an excellent example of government’s poor judgement and ineptitude, and proof that its “good intentions” (home ownership for the poor) can spiral out of control and cause tragically unintended consequences.  And while I do think there’s a role for government investment in infrastructure, the current legislature didn’t designate nearly enough of the stimulus funds for such purposes and pissed too much away for political patronage. 

    Now the POTUS is proposing more for infrastructure.  Golly gee, 8 weeks before the mid-terms, I wonder just how Congress would appropriate $50B??????

  • csuzeq

    This post reminded of a cartoon I saw recently!

  • csuzeq

    This new poster describes us headed in Obama’s direction, too!

  • csuzeq

    Oh, heck.  Why not one more!

  • Jackie’s Lobotomist

    Great post!

  • West Virginia

    HE is watching you.

  • Peggy Sue

    There’s a real reality check that our political class needs, toute suite.  Despite all the rosy predictions–we’re on the right track, we’re turning the corner, or the now infamous “Summer of Recovery”–the electorate knows that the economy at best is running on autopilot and at worse is losing altitude and running out of gas.  All the words in the world are not going to change what people see on the ground, feel in their gut and/or are experiencing in their own lives.  I listened to the tailend of a “another” speech POTUS delivered today, where he talked about ensuring the “American Dream.”

    Is the man on drugs?  No one’s talking dreams, American or otherwise.  People are talking survival because they’ve either lost their job or are terrified that their job is going bye-bye.  In an economic system 70% dependent on consumer spending, why would anyone be surprised that small businesses aren’t hiring?  People aren’t spending money because they don’t have it or they’re paying down debts and saving the rest.  The Era of Stuff and using your house as an ATM has hit the wall. 

    To add insult to injury, Wall St. and the large corporations are doing just fine, thank you very much. Wages for the average American worker had been stagnating even before the meltdown.  And the disparity between ordinary workers and the average corporate honcho pay ratios have exploded.  See figures here.  I don’t begrudge anyone a good salary but there’s something very wrong with those numbers when our unemployment numbers are not the 9.6% the government would have us believe but closer to 22%, according to Walter Williams [featured by Larry Doyle last month].  Link here.

    It appears the American Dream that Obama was singing about this afternoon is available to a select few, those that occupy the rarified air of million+ dollar bonuses and perks.  For the rest of us, it’s quickly turning into a nightmare.  And the President crooning sweet nothings will not change that sorry fact.

    Great piece, Linda!

  • Geoff C.. The Saltine

    O/T Heard a new one today from Big Eddie the Crier. He needs all the basers to return to the base. (I think it might have been a repeate show, don’t know) He said they all have to return to the base and vote for the dims or we are all going to go down the toilet. SURE! What the hell is a BASER? How many have left the base? Why have they left the base? What was the base? How does one return to the base? Do I get my job back if I return to base? Is the base safe?   I don’t need a base from the left.       The left has been caught off base and they can’t return. Good luck getting back to base Eddie.       I like it here off base, thanks to you all on this Labor day, Geoff

  • Tony Stark

    By the time November rolls in, Obama will only have his true believers continue telling us to drink the Kool-aid about how nirvana is about to arrive.

  • Onofre’s arm

    A typical Obama supporter in a more lucid and rational frame of mind than the usual confused, drug induced, psychotic stupor characteristic of the type of chaotic mentation necessary for an individual to be compelled to enter a voting booth and pull the lever for Obama, the double rainbow president.

  • csuzeq

    NatGeo is showing some 911 footage.  I just saw the clip of GW’s first speech in reaction to the events of the day.  I could not stand GW back then, but remember wanting to see him and wanting to hear him speak. It just occurred to me that if any attack or national crisis ever happens during Obama’s term, he is the last person I will want to hear speak!

  • Retired

    I believe that the Friday speech was one of Obama’s last opportunities to demonstrate to Americans that he had a handle on what was going on regarding our first priority, the economy.  Unfortunately, he demonstrated that either he is completely delusional on what is going on economically, or he thinks that we are so ignorant that he can say anything that he wants and we will believe it.
    Americans have changed, Mr. President, and, ironically, you have brought about that change.  It is not a change that you want, for it is a change of questioning the unsubstantiated utterances made by those in public office and, where our elected officials are found wanting, replacing them with a new set who will be on notice that their election is merely a probation and either they deliver or they will be replaced, in turn.  Our country is not Rev. Wright’s church and you are not the preacher.  Contrary to that scolding tone that you use when you lecture us dumb yokels, we are listening, and worse than that, we are videotaping.  The results of studying those tapes are going to be felt in a must brutal way by politicians who believe that they can say one thing and vote the opposite or, like some members of Congress, just dismiss what constituents have to say altogether because they (and you) don’t believe that elected officials must answer to the voters for their deeds.
    You had a great opportunity, Mr. President, but you squandered to stroke your ego by starting the implementation of a freedom-crushing vision of utopian socialism.  And now we are going to demonstrate in November how the power of democracy really works when the people are dissatisfied with those that they have elected to office.
    It will be interested in seeing how you handle this.  Will you respond to the desires of the people and do what is necessary to put people back to work in the private sector, or will you freeze the economy in recession and vengefully blame your newly-elected opposition?  I pray that you will have the courage and wisdom to do the former, but based on your history, I fear the latter.  And the we will have to “unelect” you in 2012.

  • Onofre’s arm

    “ or he thinks that we are so ignorant that he can say anything that he wants and we will believe it. “ 

    Umm, of course he believes this. He became the President! What more proof does he need?

  • Onofre’s arm

    If you want a mellow good morning, listen to the first you tube.
    If you like to greet the new day with a primal scream, as I sometimes do, watch the second,  :)

    Then wait until the afternoon to moderate to equilibrium with this one:

  • Linda Anselmi

    Said Goldilocks:
    “The first is little too soft.
    The second is a little too hard.
    The third is just right!” :-D

  • Linda Anselmi

    Thanks Tricia!

  • Linda Anselmi

    Thanks for the link Teak.

    “generate an extra 450,000 jobs every month for three years to get it back,”

    It ain’t going to happen.  Our government has no plan.  We need a well thought out and critically analyzed, detailed blueprint. All we are getting now from Obama is just drawings in the sand.

  • Noogan

    A good rant from The Market Ticker about the meaning of Labor Day. He names the culprits: 

    Why should you labor when much of those fruits are literally stolen by people who then evade any legal sanction for theft and other outrageous acts – acts that you, as an ordinary citizen, could not dream of performing yourself without landing in prison for quite literally the rest of your natural life while forfeiting every penny you have.

    http://market-ticker.org/

  • Linda Anselmi

    Said Goldilocks:  
    “The first is little too soft.  
    The second is a little too hard.  
    The third is just right!”  :-D

  • Noogan

    Well said, Peggy Sue. I’m impressed that you could even watch a minute of that man. Seriously. i cannot abide listening to the man talking his “jive” talk. He takes on the persona of a macho little street ‘banger’ talkin’ his jive whenever he starts talking about the Republicans. It’s like nails screeching across a blackboard for me. The man is supposed to behave with decorum; he’s the leader of the free world, isn’t he?  instead he behaves like an adolescent in a contest to see who can out-jive-talk the other guy. And, these idiots who sit behind him actually eat it uup. Ugh. I know i’m getting old, and it’s disconcerting enough to be older than a President by a decade. But, his jive act is embarrassing to me as an American. 

  • Noogan

    This is by design. They are floundering and they know it. So, it’s all smoke and mirrors trying to keep people from realizing the SHIP IS SINKING and there is not a damn thing they can do about it. Romer let the cat out of the bag when she left. She said they didn’t know what caused it; they didn’t know how to turn it around; and they still didn’t know what to do about it. Basically, she was warning everyone that this administration is engaging in “extend and pretend” in order to hide the truth about our bankrupt nation. The problem for the WH is that people know SOMETHING is very wrong; and they don’t believe the “smoke and mirrors” actions. They just don’t know how bad things really are; it’s a systemic problem not a cyclical one. It’s not “coming back,” and there is no recovery. We’re just on a downward spiral into bankruptcy as a country, and actually as a global economy. And, we’ve still got a long way down to go. Meantime, lots of people haven’t figured out yet that their futures are going to be very bleak. 

  • Linda Anselmi

    Excellent points Patience!

  • creeper

    Being a contrarian by nature, I seldom agree with everything in a post here.  This is one of those rare occasions when every word the poster wrote made sense.  Thank you, Linda Anselmi.  Well done.

  • Peggy Sue

    I read that post by Denninger.  For two years, Karl Denninger has been raging about the absolute criminality and corruption that has infected the entire financial and political system.  This is not capitalism.  This is as if the Mafia blew into town and has the entire country on its knees with a gun to our heads.

    Another section that stood out:

    “No, today I wish to focus on the literal trillions of dollars that we have had taken from us in the past, present and future not by the social spending that is considered a wedge issue in so many quarters (and which I would argue should not be) but rather by the support and protection of organizations that stand accused of raw criminal acts – acts that, in many cases, have directly and indirectly led to people being literally murdered.”

    Btw, Denninger is not a bleeding heart liberal.  He’s very much a conservative who is outraged and absolutely disgusted by what these banks and financial institutions have done and continue to do.  And nothing but nothing’s been done about it. 

    Full article here.

    Denninger’s comments and on-going warnings are not alone.  Right and left, men and women of good faith, who value integrity and accountability, have been sounding the alarm.  To seemingly no avail.  William Black, who helped Poppy Bush clean up the ENRON mess, testified before Congress about the cooperative fraud, that occurred at Lehman Brothers, while regulators and politicians turned a blind eye and the other financial institutions, those “too big to fails,” gave a wink and a nod and stuffed their bulging pockets. At our expense. Link to Black’s April testimony here.

    This is business as usual as the US, our present and future, is being sucked dry.  And then, the President has the gall to sing about the American Dream. And the sycophants cheer and stamp their feet, as if suicide were a grand thing, something we’re all looking forward to.

    Like Denninger, I’m waiting to hear a political candidate from the Left or Right, Democrat or Republican say:

    “If you elect me (or return me to office) I will do everything in my power, to the exclusion of all other issues if need be, to see to it that every one of the scams and frauds that have infested our financial system is eradicated and everyone who was involved goes straight to prison.”

    So far?  Crickets.

      

  • Katmoon

    Sweet OA, thanks!

  • Noogan

    We’re Definitely in a Death Spiral! 

    Greece is going down, Ireland’s next, France and London hit by Strikes. The US is in big Trouble. More than 400 banks will Fail.
    http://www.cnbc.com/id/38986777
    http://www.cnbc.com/id/39034442
    http://www.cnbc.com/id/38989636/
    Some Truly Shocking Numbers: Must Read
    Home Equity Lines of Credit: The Next Looming Disaster

    http://www.businessinsider.com/are-home-equity-lines-of-credit-the-next-looming-disaster-2010-9

  • Noogan

    As always, you nailed it Peggy Sue. Market Ticker is a regular stopping place for me, too. And, the funny thing is, I used to live right down the street from Denninger in Florida; though I didn’t know him then. So, visiting his blog is like visiting home in a way. 

  • Noogan

    Yeah, that’s exactly it. “Buying votes.” That old tried and true political tactic that got us where we are today. Sigh~I really hope people stop drinking that kool-aid one day; but I won’t hold my breath. 

  • Noogan

    I second that, should have said it earlier, but thanks very much Linda. Excellent blog post, your work is appreciated! 

  • Sassy

    As the old saying goes, talk is cheap!
    Economists predict weak job creation for as long as five years. They expect growth in two categories (1) higher paying professional positions (2) low skilled minimum wage jobs. The middle are out in the cold.
    Many small companies that attempt to borrow to cover losses are refused bank loans because they are considered poor risks. Small employers who are managing presently are uncertain about the future.
    Corporations are voting on this president’s performance, just as they make decisions in the board room. Like it or not, they are required to protect their own employees and stockholders. I’m not happy with exorbitant salaries, but investors expect successful stewardship.

  • EWard

    Obama and the Democrats are running a con game.  It’s a sign of desperation that the Dems are campaigning as outsiders and away from the health care bill.  It was a year ago that anyone disagreeing with them were called astroturf, racists, right wingers, etc.

    Obama’s staff, cabinet, and czars represent 23% of the population…Valerie Jarrett, Anita Dunn, Van Jones, Andy Stern, Trumpka, Solis, etc.  To his base Obama comes across as a centrist because he didn’t get universal hc, card check, and cap and trade.  The words delusional, nutjobs, and out of touch do not even come close to describing the damage they have done to our economy and security.      

  • eyelets

    To quote Kung Pow (the movie), “I’m sure on some planet your style is impressive, but your weak link is: this is Earth.”

  • donjo

    Not only that, but President Dumbass will be proposing $200 BILLION in corporate tax cuts aimed at “helping” the big bucks corps.  Just what the country needs; more ways to screw the little guy into the ground at the benefit of giant multi-national corporations.  We truly ARE screwed.

  • donjo

    Not only that, but President Dumbass will be proposing $200 BILLION in corporate tax cuts aimed at “helping” the big bucks corps.  Just what the country needs; more ways to screw the little guy into the ground at the benefit of giant multi-national corporations.  We truly ARE screwed.

    That being said, our infrastructure IS going to hell and whether it’s a “buy the vote” tactic or not, the money is a necessary evil. However, $50B isn’t enough; at least 2 or 3 times that much is needed.  As usual he’s shortchanged the public by proposing some watered down figure that might meet with the approval of the repubs.  Fat chance of that. He could have proposed a paltry $5.00 for infrastructure and McConnell would be screaming to high heaven. 

  • getfitnow

    Love it HARP! He’s all wee-weed up, isn’t he?

  • oowawa

    One of the strangest things about Denninger is that he disliked McCain so much, he voted for Obama . . .

    “It takes a strong man to stand up to the banking interests that bribe everyone up and down Washington DC, and until I see that strength I will not commit to being pleased with my vote for President Obama, which I did cast with full knowledge that while a President Obama is only 10% likely to do the right thing, a President McCain was 0% likely to do so.”

    http://market-ticker.org/akcs-www?singlepost=2137741

  • getfitnow

    Can anyne tell me how long That One will be POTUS–in dog years? :-P

  • getfitnow

    He certaily is not repsonding well to his medication.

  • getfitnow

    He certainly is not responding well to his medication.

  • oowawa

    Funny movie!  Best kung-fu fight ever!

  • getfitnow

    Re: POTUS seal. I read a comment elsewhere — they couldn’t recall another POTUS, except during an emergency, that didn’t wear suit jacket/tie at a podium when the seal was dispalyed.

    It reminded me during the campaign when he was playing POTUS–a pretend seal on aircraft tail and seatback covers. He even displayed it at an event.

    something is wrong with this guy–and his advisors!!

  • getfitnow

    Great comment, Peggy Sue. They all are sounding like Baghdad Bob. It really is pathetic.

  • getfitnow

    Yes, the star has fallen, the crowds are shrinking, the adulations are dimming, the foam columns are crumbling. Soon he will be an empty shell of a man, muttering unintelligibly, shuffling across the WH lawn wearing only a robe and pair of slippers looking for an a** to kick.

  • ~~JustMe~~

    Too many!

  • oowawa

    “to kick”?

  • getfitnow

    o/t but this couldn’t happen soon enough for me.
    http://www.nypost.com/p/news/local/al_net_lo_es_f52rRrLNnBRAZagK0TgvwN

  • felizarte

    Will the process of considering this bailout also reveal what happened to the first and second bailouts?  From reports, we read that not all the funds approved have been spent.  Why does he want Congress to pass another?  I suppose he wants the republicans to walk into the trap by saying “no” so he can campaign on that basis.  This Obama really thinks he is smarter than all of the people and that no one can see through what he is doing.  That is stupider than the stupidest dog I know, and there are not too many stupid dogs I know.

  • AbigailAdams

    I’ve been reading a lot of comments here and at other places about “government and jos.”  The left isn’t making jobs and the right wants the government to focus on jobs.  Isn’t that what the problem has been all along?  The government doesn’t “make” anything.  The government spends.  So long as the government spends tax dollars on “creating” jobs, they will do what they do best — create government jobs.  Not only has the government created most of the so-called jobs that the WH currently touts as recovery, but the salaries for some of those new and existing government jobs have gone into the stratosphere.  I can’t remember where I read it, and maybe someone else here will want to do the lookup, but for example, in departments like Commerce, where there were only a couple (maybe up to 100) people making over 100K, there are now 10 times (10 times) that number since barry took office and that is replicated across all the departments.  And it’s not because the position holders’ jobs suddenly became 10 times harder to perform or that there was a scarcity of people who would tke those jobs for less.  This is not only at the federal level, but across the states down to municipalities.  There’s so much government spending, at every level, on “creating jobs” that it will take years (decades?) before elected officials can weed-out the do-nothings that were hired.  Where did I just hear that we’ve got government departments overseeing government department overseers?  It’s frappin’ nuts. 

    I don’t want the government anywhere near the subject of jobs.  I’m sick to death of hearing about jobs from the government.  The only thing I want to hear about jobs from the government is how the private sector is growing.  Let’s not trade one party’s answer to jobs for another’s.  The government’s only interest in jobs is to continue to spend our money creating mega-beauracracies that are so bloated it defies description. 

    Well, I did a quick search for the article I’m referring to, but if you google U.S. Government jobs salary increases, you’ll not be surprised that while the rest of us non-government workers have seen substantial salary and benefit decreases as well as jobs that have just gone away, our happy gov’t workers have enjoyed increases throughout this economic crisis.  “Oh”, some say, “But if those people lose their jobs, it will hurt the economy!”  Bah.  Let the private employees and employers keep their money, invest it, spend it, or save it and let’s see where all those billions end up.  If I were Queen of the World, the first thing I’d do is dismantle huge chunks of Homeland Security and the TSA.  If I’m not mistaken, every single one of the “terrorists” that were caught, were already on the plane — and there’s something not right about making people walk around in socks at the airport.  At the Holocaust museum, a surly woman barked at me to take a sip of my water so that she could see that it wasn’t some sort of bomb-making material.  Does anyone else think we’ve lost the war on terrorism along with our minds?  Is this really still the land of the free and home of the brave or are we just a bunch of cattle?  They’ve turned our airports, sports arenas, all public places into something unrecognizable.  And for what?  Has it all been worth it?

    No.  No more talk of our illustrious government and “creating jobs.”   

  • AbigailAdams

    Sorry, guys.  I was having a “I’m mad as hell and I’m not taking it anymore” moment. 

    Linda,  Great post today!  Thanks for reminding me why I don’t want the gov’t involved in my life.

  • EWard

    Linda

    We need more people like you with common sense to run things. 

    I heard this a long time ago on talk radio.  Obama has to lie because his real agenda is alien to us.  This is why we get speeches about the oil spill, the economy, etc. that either say nothing or obscure the truth.  He talks about saving the gulf economy but places a moratorium on oil drilling.  He blames the Reps for the bad economy but the reality is the Dems control the WH and Congress.  Congress passes bills they don’t read and wonder why voters are angry. 

    While Obama is at the center, he had help from Pelosi, Reid, Holder, Jarrett, and most importantly from the vile “elite” media. 

    If a person is hired as a CEO of a bankrupt company and for 20 months loots the Treasury while blaming the old boss, he would be fired.  This is our Donald Trump moment, vote these bums out….
         

  • Onofre’s arm

    AA, Coolidge famously stated that “The business of America is ‘business’”. Of all of our presidents, he was the one who best understood that the government’s principle role in business and industry was to provide the best environment for business to flourish, sort of an “If you build it, they will come” business field of dreams. In the current environment with it’s looming threats of Cap & Trade, card check, higher taxes, an unleashed EPA, waves of illegal immigrants, the quaking footfalls of the approaching healthcare Godzilla, and an insanely complex tangle of red tape, we now have a business environment where even lemonade stands are crushed under the weight of government oppression. It’s real easy to get angry with companies that send their operations off shore, but with this suffocating business environment, it’s a matter of pure survival. Can you really blame a company for wrenching itself free from our government’s strangle hold?

    You’re absolutely right AA, government doesn’t make jobs, but it sure is good at destroying them.

  • felizarte

    King Solomon ranted this in Ecclesiastes 3:18-21
    18-I hated all my toil in which I had toiled under the sun, seeing that I must leave it to those who come after me–19-and who knows whether they will be wise or foolish?  Yet they will be master of all for which I toiled and used my wisdom under the sun, 21-because sometimes one who has toiled with wisdom and knowledge and skill must leave all to be enjoyed by another who did not toil for it.”

  • ~~JustMe~~

    O/T
    Audit finds Sharpton’s nonprofit on brink 
    An accounting firm hired by Al Sharpton’s National Action Network found the civil-rights group in such financial disarray that it flunked its record-keeping — and may not even survive, The Post has learned.
    The scathing critique was spelled out in a hard-hitting internal audit of NAN’s books, a copy of which was obtained by The Post.
    “The organization has suffered recurring decreases in net assets — and has been dependent upon advances from related parties and the nonpayment of payroll tax obligations — to maintain continuity,” the firm KBL concluded in an April 2 audit of NAN’s 2008 financial records, the most recent available.

  • ~~JustMe~~

    O/T  
    Audit finds Sharpton’s nonprofit on brink   
    An accounting firm hired by Al Sharpton’s National Action Network found the civil-rights group in such financial disarray that it flunked its record-keeping — and may not even survive, The Post has learned.  
    The scathing critique was spelled out in a hard-hitting internal audit of NAN’s books, a copy of which was obtained by The Post.  
    “The organization has suffered recurring decreases in net assets — and has been dependent upon advances from related parties and the nonpayment of payroll tax obligations — to maintain continuity,” the firm KBL concluded in an April 2 audit of NAN’s 2008 financial records, the most recent available.

  • AbigailAdams

    JustMe:  I read the article.  It goes on to state that he’s opened a lot of new chapters around the country in the past couple years.  He’s getting the money from somewhere.  I don’t think it’s an accident his “bookkeeping” is in disarray — it makes following the money (laundering) trail that much harder.

  • EWard

    Onofre

    It’s real easy to get angry with companies that send their operations off shore, but with this suffocating business environment, it’s a matter of pure survival

    ….very well said

    On the other hand, Tim Kaine just said on CNN things are going in the right direction…the auto industry is more secure yadda, yadda, yadda…..

  • TeakWoodKite

    I couldn’t recall which esteemed poster linked it, but the bottom line puts the wood to the pack ‘o lies …I mean “hope and change” that one is spewing on the pews…

    (No thank you…)

  • Docelder

    We are also talking about the guy who won his senate seats by causing the opponents to be disqualified. Maybe he isn’t planning on there being elections in 2012? Who knows what goes through that head of his. Really.

  • Mr. Natural

    Even when he was playing, “Urkel,” on TV?

  • Mr. Natural

    >>> And the disparity between ordinary workers and the average corporate honcho pay ratios have exploded. 

    In the compassionate words of the Former Mrs, Natural (a Good Republican who believes in the integrity of Wall Street): “That’s what They Get for being Working Class!”

  • bamaLV

    just let him try.  if you think beck gathered half a million people  for little more than a speech, watch how many show up to give him a hand in moving out of the WH.of course it would have to be fumigated first unless he takes all those WH flies and rats(human and otherwise) with him.

  • bamaLV

    is it just me or does he seem annoyed everytime he has to defend his position?  he also seems annoyed that he might actually have to do something that will help americans (that might offend his muslim benefactors). has anyone even investigated how much donation money came from muslim countries to buy his election?  foriegn countries should not be allowed to contribute money for elections in america. unfortunately for us, obamas presidency has been bought and paid for. (is that why he bowed down to the saudi king?) his way of saying thank you for buying my presidency?

  • bamaLV

    when is someone going to speak up and remind folks that the dems control everything and therefore dont need the republicans to help pass anything, like they did with that pos H/C bill and all the other crap he has inflicted on americans. i hope the republican ads repeat this fact over and over so that “republicans are the party of NO”is actually a good thing. this faux president needs to be told NO and HELL NO more often ,which i hope will happen when the gop takes over.

  • bamaLV

    you can be sure he’s saving the rest of that stimulus money to fund his campaign for 2012. he’s going to need every penny to defend himself when the charges start flying. i dont think anyone, whos not on the dole and wants free handouts, will want to see this POS in office for another 4 years.   we can barely tolerate him for another 2 years.

  • bamaLV

    this new stimulus scam (wihich will go mostly to the unions he owes big time) is a farce.  he just wants the gop to say NO so he can continue to blame them for blocking his proposals. he didnt need them to ram thru healthcare, cap and trade and GOD only knows what else that we dont even know about, so why does he suddenly need them now?

  • bamaLV

    i dont understand why the potus (any potus much less this one) is considered  ” leader of the free world”.  he is only leader of the US.  there are many other free countries (isreal for one) and he is the leader of none of them.     saying otherwise is just an ego trip, especially for this president. it gives him an excuse to go around the world and tell other counties how to behave while denigrating america.

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