Tuesday, September 14, 2010

President Boo-Hoo

From Fox News.

"Finally, we know what President Obama’s initials stand for! He’s the Boo –HooO president! OK, that’s a little cheesy, but seriously, have we ever had a whinier leader of the free world? Most recently, and quite ungrammatically (it was not scripted into the First Teleprompter), he whined that his opponents “talk about me like a dog”. This doesn’t even make much sense, but is consistent with the woe-is-me tone of this president, who has complained about attacks from the right and the left, and couched nearly every major address with an extreme whine about taking over the White House during tough times. Just for the record, he did want the presidency, right?"

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"Most recently he has hit the stump, slipping into campaign mode with the ease of someone putting on worn slippers. He has visited cities hard-hit by the recession, and promised to turn around the economy. With the excitement of a life-long celibate discovering sex, he is focused on job creation – just in time for the elections. He’s all for infrastructure investment and lower taxes on the middle class and developing clean industries. But he is not – repeat NOT –in favor of helping out the “special interests.”

One wonders, who are those “special interests”? Obama never really identifies those blackguards, but he does give clues. In Ohio, Obama chastised those who, over the past decade, “cut regulations for special interests,” and in the same speech derides Representative John Boehner for wanting to “cut more rules for corporations”. It’s pretty clear that it is American corporations who are so undeserving of his assistance."

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"The truth is that these are hard times. We are in a dreadful recession because public policy encouraged heavy lending to non-credit worthy borrowers in order to fulfill a wrong-headed goal of broadening home ownership. This stupidity was compounded by a reckless use of leverage by those on Wall Street who bundled and bought mortgage securities in ways that made them prone to failure. President Obama is right; there are villains aplenty in the narrative of the past few years, and victims galore. He is wrong, though, to channel his community organizer inner self and turn the country against the business community. Small or large, it is companies that will end our unemployment crisis – not the federal government."

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