Sunday, October 10, 2010

23 Days and Right Turn Only

How Unemployment Will Swing the Elections

The problem the left has in not making promises but breaking promises.

When President Obama took office in January 2009, the economy was spiraling into a black hole and something needed to be done. Obama's economic team predicted that if Congress passed a huge stimulus plan, the unemployment rate, then 7.7 percent, would drift up to about 8 percent, then start to decline. By the time of the midterm elections in November 2010, it would be at a manageable 7 percent or so.

Virtually everything about the job market has turned out to be worse than the Obama White House predicted. The private sector, which drives the
economy, is barely creating jobs, even though the recession officially ended 16
months ago. The government sector, once thought recession-proof, is bleeding
jobs as states and municipalities struggle with plunging tax revenue. As the
midterms approach, the overall economy is losing jobs, not gaining them, which
means we're far away from the 250,000 jobs or so that need to be created every
month to drive unemployment down. Of the 8 million jobs lost since the recession
began at the end of 2007, nearly half have come since Obama took office. Little
wonder that Republicans are poised for huge gains in November, with a good
chance to take control of the House of Representatives and an outside chance to
seize the Senate.

Election 2010: Senate Balance Of Power

Will the Senate go to the GOP? It's looking a lot like it could.

Senate Balance of Power: Dems 48 GOP 48 Toss-Ups 4

New Polling in Florida moves the state's Senate race to Solid GOP
from Leans GOP in the Rasmussen Reports Election 2010 Balance of Power rankings.

Other polling released yesterday in Connecticut moved that race to
Solid Democrat from Leans Democrat, and in West Virginia, the state moved to
Leans GOP from Toss-Up.

Current projections suggest that the Democrats would hold 48 seats
after Election Day while the Republicans would hold 48. Four states are in the
Toss-Up category (California, Illinois, Nevada, and Washington). All four
Toss-Ups are seats currently held by Democrats


On housing, Donilon at center of regulatory fight

WASHINGTON (AP) -- Before President Barack Obama picked him to be his
next national security adviser, Tom Donilon was a lobbyist for mortgage giant
Fannie Mae and fought off congressional attempts to impose new

As Fannie Mae's legal counsel and top strategic thinker in the late
1990s to the middle of this decade, Donilon left his sizable imprint on the
company long before its takeover by the government amid the wreckage of the
housing market. By that time, Donilon had moved on, well before what critics
said was a day of reckoning after years of inadequate regulation and lax

In early 2008, seven months before disaster struck, Fannie Mae and
its smaller cousin, Freddie Mac, held in their portfolios or guaranteed $4.9
trillion in home-mortgage debt. The government took over Freddie Mac the same
day. Their rescue has cost taxpayers more than $148 billion so far.

Obama announced Friday that Donilon, would replace Gen. James Jones
as national security adviser after having served as Jones' deputy since January,

A longtime Democratic operative, Donilon for six years beginning in
1999 was a registered lobbyist and top executive at Fannie Mae, leaving in 2005.
His tenure coincided with efforts in Congress to rein in the mortgage giant with
tougher regulations and greater oversight.

I thought lobbyists would not be welcomed in the Obama Administration. Of course this lobbyist helped usher in the worst financial crisis since the 1920s which was instrumental in getting President Obama elected.

Now this just in from the Divine Miss Donna Brazile under the letterhead of the DSCC:

If these Tea Partiers win, they'll come to Washington with this agenda: Stop
President Obama, and stick it to the middle class. They're campaigning exactly
how they'll govern — with misleading information and wild-eyed distortions,
personal invective and rampant vitriol

Isn’t one of the defining characteristics of the TEA Party movement that they are the middle class?

US physics professor: 'Global warming is the greatest and most successful pseudoscientific fraud I have seen in my long life'

Harold Lewis is Emeritus Professor of Physics at the University of
California, Santa Barbara. Here is his letter of resignation to Curtis G. Callan
Jr, Princeton University, President of the American Physical Society.

Anthony Watts describes it thus:

This is an important moment in science history. I would describe it
as a letter on the scale of Martin Luther,nailing his 95 theses to the
Wittenburg church door. It is worthy of repeating this letter in entirety on
every blog that discusses science.

It’s so utterly damning that I’m going to run it in full without
further comment.

Obama’s election strategy to get out the vote

Hectoring your supporters doesn't work, and it never has,” Hamsher said. “And anyone with as much campaign experience as Obama and [Vice President] Biden knows that, which is why you never saw them do it in their own races.”

Never has worked and it won’t this time as well.

The Republican Nominee in 2012

It’s a bit early but in two polls (one of online conservative bloggers the other at the Virginia Tea Patriots Convention, Chris Cristie was the top choice. When liberals look at think there isn’t anyone for the Republicans to run, what they really mean is there is no one the Republicans could run that they would vote for.

It is time for Obama to switch from hope to fear

Sarah Palin, America’s most high-profile conservative, attracted some
opprobrium earlier this year when she posed the following rhetorical question to
Barack Obama’s supporters: “How’s that hopey-changey thing working out for ya?”

In addition to the sarcasm, opposing hope is rarely an advisable
path to American hearts. Such traits may explain why Ms Palin got a 22 per cent
approval rating in a recent CBS poll. Yet, the more Mr Obama soldiers on, the
clearer it is that Ms Palin’s scorn contained an authentic sting.

Having been elected partly on the basis of hope, Mr Obama may have to put the accent on fear in 2012 if he wants to be re-elected – fear, that is, of what the other guy might do. As Bill Galston, the respected US political observer, points out:
“Hope is a souffle that never rises twice.”

He’s already made this change for the midterms. Hope and change have morphed into fear and loathing.

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