American Elephants


There is often more than one way to do things. by The Elephant's Child
April 24, 2009, 11:30 pm
Filed under: Politics | Tags: ,

Victor Davis Hanson, on “trashing your predecessor,” from The Corner on National Review Online:

From a July 2002 Bush Press Conference, when GWB was asked about the topic of the recklessness and re-regulation of the 1990s:

Q.  Sir, you said in your speech tomorrow you’re going to talk about some of the excesses of the 1990s when a lot of money was flying around, people were playing a lot of games…money.  You weren’t president then.  Bill Clinton was president.  Do you think in some way he contributed to that?  Set a moral tone in any way?

A. No.



The “Inherited” Deficits that Obama Keeps Talking About. by The Elephant's Child
April 3, 2009, 11:58 pm
Filed under: Capitalism, Economy, Liberalism, Politics | Tags: , ,

Here are the deficits that Obama keeps claiming that he inherited.   Do recall that the $787 billion stimulus package was all Obama’s idea.  It passed without a single Republican vote in the House and just three votes in the Senate.  President Bush left the second half of the TARP funds, $350 billion, for president-elect Obama, who asked for it.  Just shows what you can accomplish in only 64 days if you put your mind to it.

Sometimes it helps to have a visual reference.  You might want to keep this one in mind.  The graph is from the Heritage Institution.

wapoobamabudget1



There is More Good News from Iraq. by The Elephant's Child

U.S. combat deaths in Iraq are at a 6 year low. Three Marines have been killed in combat since last August.  The Navy has not lost a member to combat since February of 2008.  The Air Force hasn’t had a combat death since last April.  In some weeks the number of non-combat deaths for U.S. troops has topped those killed in fighting.

Iraqis’ faith in government institutions has vastly improved.  84 percent of Iraqis feel good about their security, 78% feel positive about crime protection, and 74 percent are positive about their freedom of movement.  These figures come from an ABC News/BBC poll that documents the improvements in Iraq.

64 percent of Iraqis prefer Democracy as the political system for Iraq.  Only 14 percent prefer a strong leader and only slightly more, 16 percent would prefer an Islamic state.  George Bush was right.

A poll finding that was particularly interesting was that 53 percent of Iraqis say they “never” attend mosque, while another 11 percent attend “several times a year”.  This is certainly not what we have been led to believe

The people have confidence in the Iraqi Police and the Iraqi Army at 74 percent and 73 percent respectively. 61 percent have confidence in the National Government.  And Iraqis are optimistic about their future.  That is very, very nice to hear, and we wish them well.



Obama: Bush Was Right About Guantanamo by American Elephant

Of course he doesn’t have the character to actually say Bush was right, or admit that he was wrong, but he is at least grown up enough to throw his campaign promises about Gitmo under the bus, blaming, essentially, his nutroot followers for failing to realize how difficult an issue it is. Of course, he fails to mention that he was the one encouraging them not to realize it for his own political gain:

President-elect Barack Obama said this weekend that he does not expect to close Guantanamo Bay in his first 100 days in office.

“I think it’s going to take some time and our legal teams are working in consultation with our national security apparatus as we speak to help design exactly what we need to do,” Obama said in an exclusive “This Week” interview with George Stephanopoulos, his first since arriving in Washington.

“It is more difficult than I think a lot of people realize,” the president-elect explained. “Part of the challenge that you have is that you have a bunch of folks that have been detained, many of whom may be very dangerous who have not been put on trial or have not gone through some adjudication. And some of the evidence against them may be tainted even though it’s true. And so how to balance creating a process that adheres to rule of law, habeas corpus, basic principles of Anglo-American legal system, by doing it in a way that doesn’t result in releasing people who are intent on blowing us up.” [Emphasis added. read more]

Better late than never, I suppose. Too bad he has already done so much damage convincing people around the world of the opposite.

The weasel-elect is also still trying to play the fence on prosecuting Bush and Cheney; trying to imply to his psychopathic followers that he isn’t ruling out putting Bush on trial, while his equivocation makes it clear he knows damn well that Bush and Cheney never did anything illegal, and has no intention of doing so. Yet, again, he lacks the character to admit that he knowingly made false implications of treason for political gain. What a swell guy!

Ironic that an ostensibly “better” president than Bush, like say, FDR, might very well  have prosecuted Obama for sedition.

But hey, Obama never claimed he was going to put “Country First” — that was the other guy.

(h/t Michelle Malkin)



Did You Know that Bush Called For Reform 17 times in 2008 Alone? by The Elephant's Child

You undoubtedly saw in the news the report that President Bush called for reform of Fannie Mae and Freddie Mac 17 times in 2008 alone, didn’t you?  You didn’t? There was a press release from the White House on September 19th.  I only found out through the courtesy of Sweetness & Light.

April, 2001:The Administration’s Fiscal Year 02 budget declares that the size of Fannie Mae and Freddie Mac is “a potential problem.” because “financial trouble of a large GSE could cause strong repercussions in financial markets, affecting Federally insured entities and economic activity.”
May,
2002: The President calls for the disclosure and corporate governance principles contained in his 10-point plan for corporate responsibility to apply to Fannie Mae and Freddie Mac. (OMB Prompt Letter to OFHEO, 5/29/02)
January, 2003: Freddie Mac announces it has to restate financial results for the previous three years.
February: The Office of Federal Housing Enterprise Oversight (OFHEO) releases a report explaining that “although investors perceive an implicit Federal guarantee of [GSE] obligations,” “the government has provided no explicit legal backing for them.” As a consequence, unexpected problems at a GSE could immediately spread into financial sectors beyond the housing market. (“Systemic Risk; Fannie Mae, Freddie Mac and the Role of OFHEO,” OFHEO Report, 2/4/03)
September: Fannie Mae discloses SEC Investigation and acknowledges OFHEO’s review found earnings manipulations.
September: Treasury Secretary John Snow testifies before  the House Financial Services Committee to recommend that Congress enact “legislation to create a new Federal agency to regulate and supervise the financial activities of our housing-related government sponsored enterprises” and set prudent and appropriate minimum capital adequacy requirements.
October: Fannie Mae discloses $1.2 billion accounting error. [continue reading]

…and the story continues. Do read it all. That is, if you plan to vote.



Poll Positions by American Elephant

Many Republicans are fretting over recent polling (RCP average Obama +5.9) in the presidential election, fearing, as some pundit on CNN declared, “the election is over”. Liberals, on the other hand, are quite cocky.

But let’s hold on for just a second and put things in persepective. A quick google search indicates things may not be as dire as Republicans fear and liberals, and the media (redundant, I know) would have us believe. Let’s take a little trip back in the time machine:

Newsweek      Sept 30-Oct 2, 2004:      Kerry 49   Bush 46

AP/Ipsos            October 4-6, 2004:      Kerry 50   Bush 46

Reuters/Zogby   October 6-8, 2004:      Kerry 46   Bush 45


Gallup            Sept 30-Oct 2, 2000:      Gore: 47   Bush 39

And there is more reason for optimism. As HotAir reports, the McCain campaign is saying it’s going to take the gloves off and start calling attention to Obama’s nefarious associations with criminals and radicals since the MSM won’t.

If they also start pointing the finger at Obama and Democrats for the financial crisis, and drawing attention to the big bucks and advisers Obama got from Fannie Mae, then things might actually turn around.



Timeline Shows Bush, McCain, Republicans Warning Democrats of Financial Crisis by American Elephant

Another video explaining Democrats complicity in the financial crisis. Notice the alternative media are the only ones covering this most important story.  The most important story this election season and the “mainstream” media, desperate to drag Obama across the finish line at all costs, won’t cover it. Isn’t that the very definition of a lie of omission?

Please forward these videos and stories to the people you know — especially Democrats and independents — and ask them to forward them as well. Post them on your blog or myspace. Encourage others to circulate them. America seems poised to elect the very people who did this to our financial system so they can do it to our healthcare system and who knows what else.




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