Saturday, October 8, 2011

The hole gets deeper

Obama Approval at All Time Low in Gallup Poll

The latest Gallup 3 Day Poll for October 4-6 shows Obama with only 38 percent approval and 53 percent disapproval.  During the 2010 elections, his approval rating was 44%. 

http://www.gallup.com/poll/113980/Gallup-Daily-Obama-Job-Approval.aspx





Barack Obama and his poetic license



BARACK OBAMA IS TODAY FACING ACCUSATIONS THAT HIS TALE ABOUT A TEACHER TOLD HE WAS LOSING HIS JOB THREE TIMES WAS NOT ENTIRELY ACCURATE.

The President claimed on Thursday to have ‘had a chance to meet a young man named Robert Baroz’ - BUT THEY HAVE REPORTEDLY NEVER MET.

He also talked about the teacher ‘receiving three pink slips because of budget cuts’ - BUT NEGLECTED TO MENTION HE REPORTEDLY NEVER LOST HIS JOB.

He’s got two decades of teaching experience,’ President Obama said in a press conference on Thursday. ‘He’s got a master’s degree….

…Mr Baroz is now working as a ‘literacy and data coach’ at a school in Jamaica Plain, near Boston, Massachusetts, reported the Boston Herald.

But he said he was happy for President Obama to use poetic licence to explain the importance of ‘investing in education and in communities’…


http://www.dailymail.co.uk/news/article-2046684/Barack-Obama-Robert-Baroz-Teacher-lost-job-actually-employed.html#ixzz1aBW02oG4


This must be like his story about his mother having to fight the health insurance people when she was dying.  It seems a good story is just that--- a story. 





Obama’s disastrous Presidency

After almost three years of disastrous governance, ALL BARACK OBAMA AND THE DEMOCRATS HAVE LEFT IS THE POLITICS OF BITTERNESS AND ENVY. He can't run on his record -- not with unemployment high and the economy in shambles.

It didn't have to be this way. Obama let Nancy Pelosi, Harry Reid, and every other crackpot Democrat write his Stimulus Bill. In the end, he spent a trillion dollars insulating union members and government employees from the effects of the economic downturn, while the rest of us suffered.

The Stimulus could have consisted of permanent tax cuts for business, allowing capitalist competition to direct funds to its most profitable uses, thereby accelerating economic growth and providing jobs, but Barack Obama does not like profit and its trickle-down wealth.

Instead, in service of OBAMA'S PREFERRED POLICY OF TRICKLE UP POVERTY, we funded non-shovel-ready construction projects and flushed billions down the low-flow toilet of green energy, while GIVING THE REST OF THE STIMULUS FUNDS TO THE STATES TO COVER THEIR BUDGETARY SHORTFALLS. Stimulus dollars bought us green energy boondoggles, un-built roads, and more government, with zero economic growth and increased unemployment. MILLIONS OF PRIVATE CITIZENS LOST THEIR JOBS, WHILE THE GOVERNMENT ADDED 230,000 WORKERS AND CRONY CAPITALISTS GREW FAT.

THE ADMINISTRATION DIVERTED TARP FUNDS TO RESCUE GM AND CHRYSLER, WHILE FLIPPING THE ORDER OF SECURED AND UNSECURED CREDITORS. Obama may have saved the UAW, but at what cost? The UAW was made whole, while some secured creditors had to take fifteen cents on the dollar. WILL ANY INVESTOR EVER PURCHASE SECURED DEBT FROM GM AGAIN? IF SECURED CREDITORS DON'T HAVE PRIMACY IN BANKRUPTCY, WHAT IS THE POINT OF BEING A SECURED CREDITOR?

Fresh from roiling the credit markets with the auto bailouts, the president then encouraged and SIGNED INTO LAW THE DODD-FRANK FINANCIAL REFORM, a law so complicated that no one knows what's in it. The uncertainty felt by financial markets won't abate until the administration finishes writing the rules. In the interim, homeowners can't get mortgages and businesses can't get loans.

IN 2007, THE LAST YEAR WITH A BUDGET CONTROLLED BY A REPUBLICAN CONGRESS AND PRESIDENT, THE DEFICIT WAS $161 BILLION. The non-stimulating STIMULUS EXPLODED THE BUDGET BASELINE, raising the percentage of GDP consumed by the government from 20% to 25%, resulting in the $1.6-trillion deficits we have today. Looking at employment and the economy, it's clear that the nation has received nothing for the $5 trillion Barack Obama has added to the national debt. INSTEAD OF CAPITALIST COMPETITION, WE'VE HAD AN EXPLOSION OF CRONY CAPITALISM. WITH THE GOVERNMENT PICKING WINNERS AND LOSERS, WE HAVE REPLACED ADAM SMITH'S INVISIBLE HAND WITH BARACK OBAMA'S THUMB.

Take solar panel manufacturer Solyndra as an example. The administration put a half a billion dollars into a company with financial ties to a group headed by Obama campaign donor George Kaiser. THE ADMINISTRATION STRUCTURED THE LOAN TO GIVE THE GROUP'S INVESTMENT PRECEDENCE OVER THE AMERICAN TAXPAYER NOW THAT THE COMPANY IS BEING LIQUIDATED THROUGH BANKRUPTCY. Its business plan consisted of producing a product for $1 and selling it for $0.75, while hoping to make up for the deficit in volume….

http://www.americanthinker.com/2011/10/a_disastrous_presidency.html



Obama seems to have a problem with following civil law. 




Senate Dems’ canary in the coal mine

Since August, President Obama has made “running against Congress” a centerpiece of his reelection strategy, as President Truman did in 1948. BUT THE COMPARISON BETWEEN 1948 AND 2012 CONTAINS ONE INCONVENIENT FACT: THE SENATE IS STILL CONTROLLED BY THE PRESIDENT’S OWN PARTY, AND THAT HAPPENS TO BE THE PART THAT IS GIVING HIM THE GREATEST TROUBLE.

Numerous Senate Democrats – including top brass like Harry Reid, Chuck Schumer and Max Baucus – have made clear THEY ARE NOT GOING TO “PASS THIS BILL” WITHOUT MAJOR CHANGES. Sen. Begich, Ben Nelson, Casey, Landrieu, Webb, McCaskill and others are openly uncomfortable with defending another fat stimulus package – this time funded with the kicker of broad tax increases.

Now SKEPTICISM IS HARDENING INTO OUTRIGHT OPPOSITION. This week, Jon Tester, one of the three most vulnerable Democrats in the Senate, publicly opposed the Obama stimulus tax bill. What does that mean for the other two most vulnerable Senate Democrats: Ben Nelson of Nebraska and Claire McCaskill of Missouri?...


The Senate Democrats have already been through this where they do things that are politically unpopular for President Obama.  Although they didn’t lose the Senate last election they actually won a smaller percentage of the seats that were up for reelection than did the Democrats in the House and this coming election, the Democrats have 24 of the 33 seats that will be up for reelection in 2012.  (the Republicans need to pick up 4 of them to take control). 


Occupy Wall Street



…While the President, liberal Democrats, union leaders and some in the media have tried to convince Americans that this is a grassroots movement that is raging against corporate greed on Wall Street and is being led by disenfranchised Americans, the truth of the matter is that THIS IS THE USUAL BUNCH OF SUSPECTS ON THE FAR LEFT SUCH AS INTERNATIONAL ANSWER, CODE PINK, THE COMMUNIST PARTY USA, AND THE WORKERS WORLD PARTY, TO NAME A FEW — a loose coalition of anarchist groups and angry trust-fund babies looking for their lot in life.

President Obama and liberal Democrats, in praising this bunch, are trying to give them mainstream exposure, but as the American people have come to find out more about this so-called coalition group and their list of demands, which read something like a Communist Redbook, they are coming to realize that this is the same bunch that show up at annual IMF/World Bank Meeting and engage in massive protests which includes general mayhem, destroying private property and battling the police in the streets. With that said, you can hardly call this group grassroots; THEY ARE PROFESSIONAL PROTESTORS WHOSE OVERALL OBJECTIVE IS TO REPLACE OUR SYSTEM OF INDIVIDUAL FREEDOMS WITH BIG GOVERNMENT SOCIALISM, even if that means using violence to accomplish it….

http://biggovernment.com/kmartin/2011/10/07/obama-appeases-occupywallst-professional-protestors-to-boost-reelection-chances/#more-345836

This is something to keep an eye on.  It appears to me to be a genuine small grass roots protest mostly by unemployed or underemployed college students wanting their college debt forgiven.  Beyond that it is being joined by the usual suspects mentioned in this article.







How Harry Reid's Senate rules change could backfire



Senate Majority Leader Harry Reid’s sudden decision to force a narrow change in the chamber’s procedures could backfire.

First, it could make it harder for Democrats to break GOP filibusters because Republicans may be even less willing to close off debate on legislation.

Even worse for Democrats, the tactics Reid employed to change a Senate precedent could make it easier for Republicans to justify using similar procedures to force simple-majority votes on hugely contentious issues, such as repealing Democratic priorities like health care reform and Wall Street regulations, Senate experts on both sides of the aisle said Fri

http://www.politico.com/news/stories/1011/65439.html#ixzz1aBbExYhJ

When I first heard about this I thought it sounded foolish.  Reid did this to simply save the President and Democratic Senators the embarrassment of having to vote against voting for Obama’s “jobs bill.”  He sold out this principle for far too little benefit to the Democrats.





Obama Scandal Update:  Solyndra

ENERGY DEPARTMENT OFFICIALS WERE WARNED THAT THEIR PLAN TO HELP A FAILING SOLAR COMPANY BY RESTRUCTURING ITS $535 MILLION FEDERAL LOAN COULD VIOLATE THE LAW and should be cleared with the Justice Department, according to newly obtained e-mails from within the Obama administration.

The e-mails show that ENERGY DEPARTMENT OFFICIALS MOVED AHEAD ANYWAY WITH A NEW DEAL THAT WOULD REPAY COMPANY INVESTORS BEFORE TAXPAYERS IF THE COMPANY DEFAULTED. The e-mails, which were reviewed by The Washington Post, show for the first time concerns within the administration about the legality of the Energy Department’s extraordinary efforts to help Solyndra, the California solar company that went bankrupt Aug. 31….

… The records provided Friday by a government source also show that an Energy Department stimulus adviser, STEVE SPINNER, PUSHED FOR SOLYNDRA’S LOAN DESPITE HAVING RECUSED HIMSELF BECAUSE HIS WIFE’S LAW FIRM DID WORK FOR THE COMPANY. Spinner, who left the agency in September 2010, did not respond to requests for comment Friday….

http://www.washingtonpost.com/politics/solyndra-obama-and-rahm-emanuel-pushed-to-spotlight-energy-company/2011/10/07/gIQACDqSTL_story.html

At this point in time, I don’t think we have deliberate criminal activity, but rather a comedy of errors that cost the Taxpayers ½ a trillion dollars.  In my opinion it was incompetence by the Obama Administration. 

Update from Instapundit:

ABC published a report about Spinner last week to which JAY CARNEY REPLIED THAT, TO THE BEST OF THE WHITE HOUSE’S KNOWLEDGE, SPINNER HAD NO INPUT ON THE GREEN LOANS PROGRAM. According to today’s e-mails, though, not only was Spinner evidently in contact with the White House — including Biden’s office! — about Solyndra, HE CORRESPONDED DIRECTLY WITH SOLYNDRA’S VP OF MARKETING.”

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