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Obama re-election is already paying off
Obama’s re-election has been profitable for us in the trading room. Unfortunately, the market is suffering just like the nation, from the election. But you get the government you deserve. The market is taking into account that he has no record of actually being able to accomplish anything except fooling most of the people part of the time, long enough to get re-elected. Expecting him to be unable to do anything about the fiscal cliff, the repositioning overseas and into Treasuries has begun. The best we have to look forward to is listening to 4 years of what his legacy will be, and listening to that smug hack Biden position himself for 2016
Official photographic portrait of US President Barack Obama (born 4 August 1961; assumed office 20 January 2009) (Photo credit: Wikipedia)
the Obama effect: FUD
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Reflecting on pride…
Being young in America means you get to pay
Upholding Obamacare means young people now get to learn what its like to pay for everyone else’s healthcare and not just their Social Security now. Maybe this is why we don’t teach them math skills, so that they dont understand what we are doing to them
There was a ton of press about the horrors of JP Morgan about 2B in losses but here is California misunderestimating their budget shortfalls by 7B in the last 4 minutes
California’s budget deficit has swelled to $16 billion after tax collections trailed projections amid the tepid economic recovery, Governor Jerry Brown said in a comment on his Twitter post.
The shortfall has widened from the $9.2 billion Brown estimated in January, after lawmakers resisted the Democrat’s call for cost cuts, the federal government blocked other reductions and April income-tax revenue missed budget forecasts by $2 billion. On May 14, he’s set to unveil a revised spending plan and to say how he would erase the gap.
David walker: truth-teller
Image by Telstar Logistics via Flickr
Time for the adults to take charge: here is a candid assessment by a guy who is so honest that I am surprised he hasnt had a car accident
- financial condition is bad and getting worse; last 8 years have been catastrophic
- need tough budget controls, tax reform, and entitlement reform
- out of control health care costs and government over-promising
- reduce defense spending
- political situation in DC is sydfunctional
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Obama locks up the illegal alien vote
Image via Wikipedia
The Republicans are so busy barking at the moon that they pay no notice to the Democrats reinforcing their position as the party of the much sought after illegal alien vote
This should come as no surprise, as the President has been working hard on this issue for the Amurrican peeple
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Bypassing democracy, the Democrat way
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It is typical of the elite to lose faith in the messy processes of democracy and the normal political friction of legislation. Without the intrinsic faith in the people (and the wisdom of crowds) its too easy for them to look for shortcuts.
For example, here is Peter Orszag, fresh from the Obama administration recommending less democracy and more “expert solutions”
Here is a Dimocrat governor considering a cessation of elections. It will of course be laughed off, but the message will be clear to many. Sure its a joke.
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Tea baggers confuse leadership with ideological purity
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By playing their game of tactical chicken to appease a subset of the republican party, the GOP has already walked away from the best deal they were going to get; There was a chance to get important concessions on major entitlements, but the no new taxes mantra puts us back into gridlock. The deal that’s finalized will eb worse for both parties and the country.
Looking for our Cincinnatus to bring sanity to DC
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Bad form in Britain, when it comes to respecting our own legacy
Obama is willing to use Reagan for his own purposes when appealing to the moderate Right, but when the Brits offer a tribute to Reagan on Independence Day (remarkable maturity by the Brits dont you think?!), our ambassador, who’s chief qualification is his effectiveness as a fund-raiser, can’t be found. His absence was both remarkable and noticed by the Brits who used to have a special relationship with us, you may recall. Keep burning bridges, partisan hacks. we need more friends, not less. We need to act like grown-ups when in power whichmeans acknowledging our entire legacy, much of which we inherit, good or bad, from those who come before.
pretty shabby. Hilary at least should know better. Maybe she does, and did this to further spike Obama?
Racism explains everything ….for racists
- Image via Wikipedia
How soon will it be before whites are a minority, and will be treated as a single voting block, and be summarized by a “stereotype for marketting purposes only”? What will those characteristics be defined as? and how will the characteristics be explained away as not being representative of individuals, but merely as identifiable, statistically significant data points from among the larger population?
Is racism really the best explanation for the behavior of voters in 2008 regarding the rejection of the Democratic Party’s agenda?
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