Filed under: Capitalism, Economy, Education, Energy, Environment, Foreign Policy, Junk Science, Middle East, Terrorism, The Constitution | Tags: Broken Promises, Leaked Secrets, Obama's Blunders
Kyle Becker at Conservative Daily News has put together a list of 1,001 reasons, the complete edition, to vote against Barack Obama and his quest for a second term. The list begins with number 1. The man started his presidency off with a bang by botching his oath of office. and continues for one thousand more reasons. You can have fun with this all day long, but don’t share it with a liberal, who might have apoplexy, but would probably call you racist.
Filed under: Capitalism, Economy, Election 2012, Europe, Foreign Policy | Tags: Economic Expertise, Germany and the Euro, The European Crisis
At the recent G-20 summit in Mexico, the state of the euro zone was the dominant theme.
While euro-zone members are well aware that the crisis affects the entire world, they are becoming increasingly allergic to advice from abroad. On Monday morning EU Commission President José Manuel Barroso lost it when a Canadian reporter in shorts wanted to know why the North Americans should be responsible for the problems of rich Europeans. “We are not coming here to receive lessons in terms of democracy or in terms of how to handle the economy,” Barroso fumed. “By the way, this crisis was not originated in Europe. This crisis originated in North America and much of our financial sector was contaminated by, how can I put it, unorthodox practices from some sectors of the financial market.”
The article from the Spiegel reporter in Los Cabos went on:
Even before the summit, Barack Obama and Merkel met for a bilateral talk to smooth over their differences. The US president is among Merkel’s loudest critics due to the degree to which the euro crisis affects the US economy — and with it, his chances of being re-elected.
Germany is worried about the euro-zone, and wondering how far they are willing to go to hold the euro zone together. The criticisms from the White House and the unwanted advice are not going down well:
German Finance Minister Wolfgang Schäuble rebuffed recent criticism of Germany’s handling of the euro crisis from Barack Obama, telling the US president to get his own house in order before giving advice.
“Herr Obama should above all deal with the reduction of the American deficit. That is higher than that in the euro zone,” he told German public broadcaster ZDF on Sunday night.” It is easy to give advice to others,” he added.
Filed under: Capitalism, Democrat Corruption, Economy, Election 2012, Liberalism, Politics, Progressivism | Tags: Grievance Groups, Moving Backward, Pandering and Promises
It has long seemed to me that Democrats dig themselves into a hole with their electoral strategy, but it frequently works for them. They divide the electorate up into grievance groups and pander during the campaign with oily words and glowing promises, to “rev up the base.”
There are, above all, Blacks—for Democrats believe the number one problem in America is race; followed by Hispanics, Women, Unions, Gays (GLBTQQ), Jews, Muslims, Native Americans, Environmentalists and undocumented Americans. They are hoping everyone will forget about the economy.
Even writing this list, the names are problematic. Does one write African-American or Black? Hispanic or Latino? Separate the Unions into UAW, SEIU, Teachers, Teamsters, Longshoremen and AFL/CIO, and illegal immigrants are not “illegal” they are undocumented. Sigh. And this doesn’t count the big donor groups like Goldman Sachs and the Greens who must be pandered to as well—deep pockets.
The largest minority group is Asian, but they are not a grievance group, they’re just working hard and succeeding beyond all expectation. Besides, Asia is a continent composed of many countries that don’t necessarily like each other,so you can’t lump them all together.
Promises made to one group are often trumped by promises to another, and when the campaign season gets tight, the biggest favors go to those with the deepest pockets. Or doesn’t anyone notice? They hope no one will remember when the campaign is over.
Obama is running ads to remind African-Americans of all he has done for them as they struggle to weather an economic crisis he “inherited.” The ads do not include Obama’s major role in their predicament.
The financial crisis, which was caused by the housing bubble, was caused by banks being forced by Congress to make loans to those who would not have qualified for a loan under ordinary prudent rules of banking. Obama talks glibly of rapacious banks who forced poor people to take loans that they didn’t understand, but that’s what he was doing—pushing thousands of credit-poor blacks into homes they couldn’t afford. As a civil-rights attorney, he sued banks to rubberstamp mortgages for urban residents. The lead client in one of his class-action suits has since lost her home and filed bankruptcy.
Obama focused on “housing rights” when he worked as a community organizer— John McKnight, who gave him his first job, coined the term “redlining, was the father of the anti-redlining movement. He helped Obama to get into Harvard. When Obama graduated he worked for a civil-rights law firm that worked closely with McKnight’s Gamaliel Foundation and National People’s Action and ACORN who were lobbying the Clinton administration to tighten enforcement of anti-redlining laws. Obama trained bus loads of goons who were dispatched to the doorsteps of bankers to demand more home loans for minorities.
The pressure worked. Clinton’s bank regulators signed an anti-redlining policy that declared traditional mortgage underwriting standards to be “racist” and ordered banks to apply easier lending rules for minorities.
Obama was for subprime loans before he was against them. They started to sour in 2007. His Chicago pal Austan Goolsbee, who became his top economist, sang the praise of subprime loans in a New York Times column. He argued that they allowed poor blacks “access to mortgages.” There’s much more in this excellent article from Investors. Obama has exploited the suffering of minorities, blamed the banks for the crisis he helped to cause, and continued the policies that hurt those he blithely claims to favor.
An excellent example of the conflicts that come from this kind of policy are the DC Opportunity Scholarships to give some District children a chance to escape poor schools. It was only about ten days ago that Obama finally relented to allow the scholarships. The Cato Institute has confirmed that the District of Columbia spends $29,409 per pupil for their reportedly dreadful schools. The Census Bureau has confirmed the number. The vouchers that go to DC Opportunity Scholarships cost approximately $8,000 per pupil. The Teachers’ Union was opposed to the scholarship program so getting kids out of bad schools got trumped.
Pandering to Hispanics is a problem, for unemployment is a huge problem, especially in California’s great Central Valley where it ranges over 20% because Obama’s EPA or Fish and Wildlife has shut off the water to the nations’ farms to save the possibly endangered minnow, the Delta smelt. You keep the water turned off, and pretend that it’s all about amnesty for children (up to age 30) who are here illegally through “no fault of their own.”
The attempt to pander to Women by paying for their birth control has developed into a major problem with another group that is much larger than N.O.W.— the Catholic Church and many other churches who stand for religious freedom.
Buying votes by pandering to grievance groups can get you in real trouble, expose your lies and falsehoods, and even drag you back once again to the Supreme Court, one of the three separate but equal branches of government. (Progressives are actually so disturbed that the Court disagrees with them that they’re talking court-packing again. That takes us back to FDR’s New Deal).