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Quoting Dick Morris' latest column...

As he tells us he wants to reduce the dangerous budget deficit, President Obama brings to mind the hapless engineers at Toyota who find that their vehicles accelerate whether or not the driver wants them to. It appears that no matter how hard Obama jams on the brakes with his newfound commitment to deficit reduction (after almost doubling the deficit in one year), the level of red ink just seems inexorably to rise. The House voted yesterday to raise the federal debt limit another $1.9 trillion.

Obviously, more fundamental change in the budget's engineering is needed. But, unfortunately, it is easier to recall a car than a president.

Obama's announced intention to freeze 13 percent of the budget for three years is a relatively minor cut. It will trim the deficit by only 3 percent over the decade.

But if the president really wanted to get serious about reducing the deficit, he's got two easy steps to take:

1) Stop the remaining $500 billion of last year's $800 billion stimulus package.

2) Refund to the Treasury the $500 billion in TARP funds repaid by the banks.

Instead, he's merrily spending the remaining stimulus cash -- even though the first round failed to curb the recession, doing little more than protecting the jobs and pay of state and local government employees. The remaining money would do more of the same -- while also funding pork-barrel projects all over America.

But only $300 billion of the stimulus has been spent. Why not call back the remaining $500 billion? Because Obama is still committed to the expansion of government spending. His promise of a (minor) freeze next year brings to mind an overweight friend's talk of the diet he'll go on -- even as he starts another banana split.

Then there's the TARP funds. Most of the money laid out under President George W. Bush is being repaid by the banks that borrowed it -- but Obama is intent on intercepting the cash before it lands in the Treasury and sending it out the door again.

He wants these funds for his second stimulus, relabeled as a "jobs bill." Some $30 billion is to go to small businesses for job creation, $30 billion for consumer credit and yet another $100 billion for more state and local aid -- that is, more protection for government workers.

And none of that cash will ever come back -- even though it's TARP money that was initially appropriated for short-term lending, spending that the government would quickly recoup.


At some point the left is going to have to come to grips with the amateur at 1600 Pennsylvania Avenue. The template used by media and pundits alike to downgrade any accomplishments by Bush must also be applied to Obama. Fudging the unemployment figures doesn't achieve anything but a false hope of an economic spring thaw. Obama's groundhog has seen its own shadow, yet in typical fashion the media has campaigned their continual support of their amateur-- they've covered up the "shadowy" truth.

Obama's idea of economic recovery is more government intervention in the form of new and inventive taxes. The stimulus hasn't worked; it hasn't even been fully spent. Remember, much of the stimulus is slated for next year to pad his own chances of reelection in 2012.

It appears on the surface that what he proposes is both simple and logical, to say nothing of moral. But when you dig deeper. His State of the Union was liberally peppered with inaccuracies and outright lies. He spends much of his time castigating and/or attacking Republicans, Democrats, the American people, Rush Limbaugh, Fox News... is there anyone this man doesn't hate? It is becoming more and more clear that he is out of his depth. The Peter Principle personified.

It was commented at American Descent that Bush failed at every business venture he set his hand to, that this somehow mitigates the problems Obama is facing. Well this is absurd. Especially in light of the fact that our current President never ran even ONE business venture.

Success is born of failure. Few people, if ever, achieve success the first time around. Barack is an obvious exception with one caveat: he's succeeded in reaching the top without having to demonstrate his ability to succeed in the position. He knows how to communicate, presuming a teleprompter is handy. He's quick with wit and innuendo, he has a charming smile, but he's obsessed with himself and his own thin accomplishments.

What he has managed to do is ensure more misery for Americans. Which reminds me of the following tale from the Bible. Obama is following in the footsteps of some very old shoes. Replace "Rehoboam" with "Obama" and you have a series of events separated by thousands of years appearing to mirror each other.

And Jeroboam and all the congregation of Israel came, and spake unto Rehoboam, saying, Thy father made our yoke grievous: now therefore make thou the grievous service of thy father, and his heavy yoke which he put upon us, lighter, and we will serve thee. And he said unto them, Depart yet for three days, then come again to me. And the people departed. And king Rehoboam consulted with the old men, that stood before Solomon his father while he yet lived, and said, How do ye advise that I may answer this people? And they spake unto him, saying, If thou wilt be a servant unto this people this day, and wilt serve them, and answer them, and speak good words to them, then they will be thy servants for ever. But he forsook the counsel of the old men, which they had given him, and consulted with the young men that were grown up with him, and which stood before him: and he said unto them, What counsel give ye that we may answer this people, who have spoken to me, saying, Make the yoke which thy father did put upon us lighter? And the young men that were grown up with him spake unto him, saying, Thus shalt thou speak unto this people that spake unto thee, saying, Thy father made our yoke heavy, but make thou it lighter unto us; thus shalt thou say unto them, My little finger shall be thicker than my father's loins. And now whereas my father did lade you with a heavy yoke, I will add to your yoke: my father hath chastised you with whips, but I will chastise you with scorpions.

--1 Kings 12:3-11


For Bush most certainly added to our burdens in the form of TARP-- championed and supported, by the way, by many on the Left including Obama and the media. But now Obama would squander the returns from TARP to foolishly spend on supporting and growing government.

The government didn't elect Obama to manage it (especially seeing as how he's never managed anything!), he was elected to lead the country in his constitutionally mandated duties... no more. Saying, "Bush did it too" is not excuse enough to allow the same ol' same old to continue. That Bush did wrong is not carte blanche for Barack to do the same. At some point we have to decide, as the American people, whether we want to spend our and our children's economic fortunes in the barren halls of penury.

At some point we have to say enough is enough, and force our elected "leaders" to represent the people who sent them to Washington. Which, by the way, is a seat of government, not a throne room for liars, thieves, and fief-lords. We are Americans; we are not subjects to any king or lord. They work for us, and need to be made to recognize OUR supremacy.

Speaking of Obama's "divided brain" State of the Union speech, and the unwarranted trust we place upon Washington, George Will says,

Lamenting Washington's "deficit of trust," Obama gave an example of the reason for it when he brassily declared: "We are prepared to freeze government spending for three years."

This flagrant falsehood enlarges Washington's deficit of truth: He proposes freezing some discretionary spending, about one-eighth of government spending.

Obama's leitmotif is: Washington is disappointing, Washington is annoying, Washington is dysfunctional, Washington is corrupt, verily Washington is toxic — yet Washington should conscript a substantially larger share of GDP, and Washington should exercise vast new controls over healthcare, energy, K-12 education, etc.


Talk about double speak! The bible says, a double-minded man is unstable in ALL his ways. Thank-you Barack for beautifully illustrating this.


2 Comments:

  1. KnotOnABlog said...
    This comment has been removed by the author.
    KnotOnABlog said...
    I like what Fearsome Tycoon, at CRUISING DOWN THE COAST OF THE HIGH BARBAREE, said:

    Conservative Panic

    I don’t have it. You know why? FDR. Here are things FDR did during the Great Depression:

    1. Decided what the price of gold would be when he got out of bed.
    2. Established production quotas to drive up prices–if you had too many hogs, they were slaughtered.
    3. Established industry cartels for price-fixing and boundary-drawing under the National Recovery Act…then had the heads of the industries prosecuted for doing what he told them.
    4. The Neutrality Act killed much of the US export market…what was left after Smoot-Hawley.

    Things aren’t nearly as bad as they were under FDR, and we survived him. We even got a lot better, although he appears to have saddled us with Social Security, Medicare, and farm subsidies for all of eternity. Obama will probably create some other politically untouchable entitlements as well. But we’ve got a good shot at coming out of it.

    My real concern, which goes back years, is education. I think people coming out of high school and college are much, much stupider than they used to be, based largely on the standard textbooks of the 1930s. My second concern is the rate at which the Fed is printing money. That’s kind of scary.

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