Today, President Barack Obama’s 100th day as president, we witnessed a media blitz of talk and yak. Like spend and tax, talk and yak has been the course of action for 100 days.
Tomorrow, the president will announce the bankruptcy of Chrysler and the rescue by Fiat. Why is the U.S. president making this announcement? Because he can — after he fired the head of GM and now runs the auto industry (and the banks and the mortgage industry and has strong armed the credit card industry).
Citi actually asked for the government’s permission to pay bonuses….
George Orwell, phone home.
Does anyone but me have the feeling that George Orwell’s shadow is spreading rather quickly across the American landscape? Or is that the shadow of the president’s jet?
Either way: run for your life!
And in the midst of the Obama media blitz we have the flu fear. O.K., we know it is new, a new strain, but it is the flu: something mankind has been dealing with before governments were invented. We know that in a “normal” U.S. flu season about 200,00 Americans go to the hospital and 36,000 Americans succumb and die. But isn’t this springtime and thus the flu will be more mild? Even a new strain, in all likelihood?
And who has a handle on all this? Why, WHO — global good government. And who is in the most pain? Mexico: which could tank economically (even further) due to the bad publicity. And who owns Mexico’s debt? Well, the U.S., mostly. But we get the cash from China — on loan.
We believe in smaller government not all government all the time and in all sectors of life: which is where we appear to be headed….And fast.
And on the foreign policy front there are already indications that the sun will set on the American superpower quicker than any other superpower has ever before been eclipsed. China now owns the bulk of the U.S. debt, has huge cash reserves, is buying and holding (hoarding) gold, oil and other resources, is rearming militarily and doesn’t give a hoot about carbon or coal or oil ills in the environment.
While we are disarming, converting our economy from high paying jobs to windmills, and ramping up government to pay all the health care and education bills there are….
Who will pay and how? We are going to destroy Wall Street if the last 100 days are any indication — and take away the corporate jets and hair spray from guys like Donald trump. In Germany this year, being a creator of wealth became so unpopular that limos were firebombed…..
So who will pay if the non-taxpaying portion of our society continues to flourish with free healthcare and “tax breaks”?
Taxes will go up, especially for anyone smart enough to make some money: just as they did in Britain where they are on the 50% ledge….which causes people NOT to want to make money.
I don’t need CNBC to tell me that: the Tea Bag folks got it right (and the president made fun of them today).
I’m not celebrating this 100 days, even though it means 7% of the Obama talk-a-thon may be over. I’m worried about the future….
U.S. warms to global court
Like Pontius Pilate , Obama Washes His Hands of Deficit
WASHINGTON (AP) – “That wasn’t me,” President Barack Obama said on his 100th day in office, disclaiming responsibility for the huge budget deficit waiting for him on Day One.
It actually was him – and the other Democrats controlling Congress the previous two years – who shaped a budget so out of balance.
And as a presidential candidate and president-elect, he backed the twilight Bush-era stimulus plan that made the deficit deeper, all before he took over and promoted spending plans that have made it much deeper still.
Obama met citizens at an Arnold, Mo., high school Wednesday in advance of his prime-time news conference. Both forums were a platform to review his progress at the 100-day mark and look ahead.
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First 100 days more talk than action
From Politico By John Feehery
In 1994, when Republicans won control of the House for the first time in 40 years, they pledged in their famous Contract With America to take up 10 measures and pass them within the first 100 days.
Then-House Speaker Newt Gingrich (R-Ga.) got his inspiration for a 100 days timeline from Franklin D. Roosevelt.
FDR’s New Deal program, passed in the depths of the Depression, truly changed the face of American capitalism. In those first 100 days, FDR passed the National Recovery Administration, the Rural Electrification Act, the Public Works Administration, the Agricultural Adjustment Act and 11 other pieces of major legislation.
President Barack Obama has allowed (and perhaps encouraged) the press to think of his election as similar to that of Roosevelt. From consciously invoking the Great Depression as a way to encourage more government intervention in the private sector to hinting that his new coalition will dominate politics much like FDR’s did, Obama has done almost everything except to smoke in public to show himself as the new Roosevelt.
But what has the Obama White House really achieved in its first 100 days?
Well, he did pass a stimulus bill that was largely negotiated and completed before he got into office. It got no Republican votes in the House and only three in the Senate. He signed a spending bill that was completely last year’s business. (It even had earmarks from Obama, his chief of staff and other members of his Cabinet from their time in Congress.) He signed a children’s health care bill that was largely unchanged from legislation that was vetoed by President George W. Bush.
He appointed a treasury secretary who didn’t pay his taxes, he tried to appoint a Health and Human Services secretary who didn’t pay his taxes, and he decided not to appoint a government accountability czar who didn’t pay her taxes.
He also visited with Jay Leno. He did very well on his NCAA college basketball pool. He fired the CEO of General Motors. He appeared on “60 Minutes” a couple of times. He went to a Bulls-Wizards game. He got a dog. His wife planted a garden.
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