OOO! Obama and the Oracle of Omaha!

The first thing Mr. Obama should do in solving this job crisis is to admit that the stimulus is not working.

Fascism requires capitalist complicity.

Posted by: young_voter | Jul 14, 2010 1:39:23 PM posted: “The first thing Mr. Obama should do in solving this job crisis is to admit that the stimulus is not working.”
Google “An Assessment of the American Recovery and Reinvestment Act” – it’s testimony given by economist, Josh Bivens, before the House Budget Committee today.
The recovery act spending worked to prevent the country from falling into another Depression.
And at $787 billion it was CHEAP. It was HALF as large as the tax cuts enacted during 2000s. It was smaller than the cost of 2 wars. And most importantly, recent stimulus SPENDING spurred economic activity + tax collections, so this SPENDING will likely have a budgetary impact of less than half the $787 amount.

We have seen this move before during the campaign. Obama was criticized by Republicans for being weak on economic and financial issues. So he assembled a group of respected businessmen, including Warren Buffet, to raise his credibility. He invoked Buffett during the debates and had some good photo-ops. The problem is, that he really didn’t consider much of his advice. The point was not to learn or receive input from Buffett, it was to use him to bolster Obama’s financial “street cred.”
Buffett politely criticized Obama in March, 2009, for sending muddled messages and lacking the clarity that was so necessary from a leader during the financial crisis. It seems like that is where the problem lies. Many business leaders privately (and some publicly) have expressed a frustration that the Administration keeps changing the rules of the game. The President will give them one message when they meet with him, and then he delivers another message in public.
If the dialogue with the business community is going to bear any fruit, the President needs to deliver a clear and consistent message. People may or may not like it, but at least we will all know where he stands.

J.R. | Jul 14, 2010 2:58:30 PM “Josh Bivens is an Obama lackey. Will you be touting the testimony of NRO contributor Veronique de Rugy as well?”
LOL! And who is Veronique de Rugy? She is a Koch Industry / John Birch lackey.
She is a “researcher” at Koch Industry funded organizations such as Mercatus Center, the American Enterprise Institute, and the Cato Institute.
google information on Koch Industries – America’s largest privately owned corporation. Their founder also co-founded the John Birch Society. After the Birchers were discredited decades ago, the Koch family went underground, spending to promote their extreme views and the idea that government is somehow an “enemy”.
Today they spend massively to shove the nation hard right and alter government policies to advance their personal corporate interests. It’s the Kochs who funded their own “Think Tank” called the Cato Institute to churn out right wing concepts and reports for eliminating “Big Government” with self serving programs like privatizing Social Security, eliminating tobacco regulation, and shifting our water supplies into private hands.
Oh, and another Koch funded organization, “Americans for Prosperity”, financed, organized, and orchestrated the first tea-bag protest.

Posted by: N2vip | Jul 14, 2010 3:03:19 PM
Excellent post, N2vip. I think Obama has made his policies very clear, and I think the American public has shown their disdain for them as clearly. I know very few people who enjoy vagueness. Straight, clear cut, HONEST policy and communication is what they want. This is what the country was promised. This is what the country is not getting. Some of us knew it well before the election and used common sense in the voting booth. The scary part is there are enough people living in the USA to be suckered into the American Idol president scenario, and as long as that holds, we are going to be in alot of trouble.
There are a few items I’ve learned since Obama stepped into the Oval Office:
1) We need to “play nice” with the Islamic community.
2) To hell with the business community, the Labor Union is where it’s at.
3) EVERYTHING is Bush’s fault.
4) Spending taxpayer money is good for the soul.
5) White people are racists. Period.
6) EVERYTHING is Bush’s fault.
7) A good round of golf is rejuvenating!
8) Always have someone like Robert Gibbs around so you don’t look like the biggest idiot in the WH.
9) EVERYTHING is Bush’s fault.

I just read a Reuters article, and in it a lady living in downtown Cincinnati states that Congress must do something to pass jobless benefit extensions. According to her, she has been filing an average of 30 applications PER DAY to find work (this has gone on for about 2 years) and still doesn’t have a job. She says “people have been telling me there are jobs out there, but I haven’t been able to find them.”
So, here’s the question of the day. Who is lying? This lady or Obama/Biden? If she truly cannot find a job after 2 YEARS of searching, then the Obama team is feeding a line of bull to the American public about stimulus and recovery jobs. If the Obama team is being honest with their job numbers, then this lady needs to get a job ASAP and quit sponging benefits that my tax dollars help pay for. But this is how it is, folks. Somebody is lying. Either we have millions of jobs created and/or saved and benefits are spoiling people from truly wanting to find a job and work OR there aren’t that many jobs as the WH is touting and they need to get the guts to admit it. It’s that simple.

Dont be fooled. Buffet has been catching some increasing heat (behind the scenes) by business rountable folks. He led them to slaughter on bailouts and obamacare. Now the business roundtable and US Chamber has had enought of Buffet. Buffet, Goldman Sachs and Beyond Petroleum were the top fundraisers for Obama and now the roof is caving in. This meeting is for show for all to see.

What zippy the incompetent seems a little slow in learning is photo ops, speeches, beer summits and all the other empty props that worked for him when he was a community organizer and a candidate are totally failing him now. The upside is that FINALLY, most of the dolts that voted for him aren’t as slow witted as he is. As for his diehard supporters, lets just say they might join that oranization that big-ears mocked on the Leno show.

Here’s the deal. Republicans and the businesses and right wing religious organizations( CBN) that contribute to the republican campaign want to spin that Obama is bad for business so they can win elections in November. They know it is going to take a while to fix this economy and want to blame democratc policies for the unemployment rate.If they win in November they will give tax cuts but it will NOT be to average Americans. They will look to slash programs that help the average and lower income Americans

Seriously, who in this age cannot produce a copy of an original “long form” birth certificate..?
Who would not produce one if they wanted a certain job that required it?
What is it with Mr. Obama that we must be content with a recent computer generated document attesting to his citienship?
We deserve more, Mr. Obama, from out president.
Let’s have the original document… history demands it… the American people demand it…
Where is the Birth Certificate, Mr. Obama?????

“Let’s have the original document… history demands it… the American people demand it…
Where is the Birth Certificate, Mr. Obama?????” – Quo Warranto?
Whoa!
Cool your jets Quo Warranto?.
It is very difficult to get official documents from Kenya.
Give the President another 6 months.
By then he might have figured out a way to get an iron clad forgery.