Candidate Obama vs. President Obama

The video speaks for itself.

Correction, Obama speaks for himself.

No commentary needed from me.

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more about “Candidate Obama vs. President Obama“, posted with vodpod

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The Obama Cult of Personality Marches On

The video below is just another great video from The Naked Emperor.

I originally found it on Hot Air in an entry by Ed Morrissey.

The Obama cult of personality marches on.

Dictionary.com

Cult of personality:

–noun

a cult promoting adulation of a living national leader or public figure, as one encouraged by Stalin to extend his power.

Let’s not forget this golden oldies.

Obama’s Army

We Are The Ones

Children Sing Praises

Obama Youth Regiment

The creepiness factor continues to rise.

Vodpod videos no longer available.

One bright and shining Obama cult member thought it would be a good idea to list on her public Obama page, the names, addresses and phone number of those she had recruited.

Barack Obama and Joe Biden- The Change We Need - Colleen OBrien's Blog_1237867281314

The image has been kept small to protect the stupid by not allowing their names to be viewed.

Feigned Outrage Over AIG Bonuses

Scroll down for recent update

President Obama and his administration are the definition of disingenuous, that is, hypocritically ingenuous.

The Hill

I don’t think anyone on Capitol Hill should doubt the genuineness of the outrage,” Gibbs said. He added: “Barack Obama came in, and there was a new sheriff in town on executive compensation.

The supposed outrage over the AIG bonuses paid to executives in the amount of $165 million is mere play acting on the part of Obama, his administration and Democrats on the hill.

It is done for the benefit of the masses and as a tool to further the administration agenda. The administration knows that the majority of Americans are going to take them at their word, that the majority of Americans are going to believe the show of outrage is genuine and will not balk as the administration uses the AIG bonuses as reasoning for implementation of what other wise would be seen as intrusive government restrictions and control of business.

Turns out, and who would be surprised, that the administration and Democrats on the hill knew for sometime or at least should have known, that these bonuses would be paid.

I suppose they could claim ignorance being that they did not read the text of the stimulus package before having passed it.

Chris Dodd should at least have known as he is the the person who included in the stimulus bill an amendment which allows the paying of bonuses that were contractually agreed to before 2.11.2009.

But As For Me

From page H1412 of the Final Stimulus Bill, “SEC. 111. EXECUTIVE COMPENSATION AND CORPORATE GOVERNANCE:

“(iii) The prohibition required under clause (i) shall not be construed to prohibit any bonus payment required to be paid pursuant to a writte employment contract executed on or before February 11, 2009, as such valid employment contracts are determined by the Secretary or the designee of the Secretary.”

As the But As For Me blog, referenced in the above quote, points out; by having voted for the stimulus bill politicians actually voted to protect the bonuses of AIG.

That being so, then who is to blame for the payout of these bonuses?

Those crying the loudest, those who are so very outraged, they are to blame.

Who else knew, or again, should have known?

How about golden boy Timothy Geithner?

You know the man who we were told was the only person who could rescue America from her economic meltdown.

Politico

Timothy Geithner, then at the New York branch of the Federal Reserve, was a huge proponent and architect of the AIG bailout. So if Obama had strong private opposition to the idea it did not affect his pick for the person who would oversee all bailouts.

Do not be a fool and do not be fooled, the administration or a least enough persons in the administration knew that these bonuses were to be paid out that there should have been no surprise when they bonuses were paid.

This is fake outrage.

Fake outrage not without a purpose however.

UPDATE:

ABC News: Political Punch

Sources in the Obama administration Tuesday said that despite previous media reports administration officials did not know until a couple weeks ago that the officials of the controversial AIG Financial Product Division were set to receive $165 million in bonuses on March 13.
 
Given the fact that the administration knew of this two weeks ago their outrage appears even more disingenuous.
Delayed fake outrage.
 
Almost all accounts, other than the accounts of the administration, seem to demonstrate that the claim of only recently coming about the knowledge of AIG bonuses is a false claim.
 
First, remember the language of the Chris Dodd amendment to the stimulus package (provided earlier in this posting).
 
Yahoo is running an Associated Press article that contains several good insights.
 
AIG’s plans to pay hundreds of millions of dollars were publicized last fall, when Congress started asking questions about expensive junkets the company had sponsored. A November SEC filing by the company details more than $469 million in "retention payments" to keep prized employees. […]
In January, Reps. Joseph E. Crowley of New York and Paul E. Kanjorski of Pennsylvania wrote to the Federal Reserve and the Treasury Department pressing the administration to scrutinize AIG’s bonus plans and take steps against excessive payments.
"I at that point realized that we were going to have a backlash with regard to these bonuses," Kanjorski said in an AP interview. In a meeting with Liddy later that month, he said he told the AIG chief that "all hell would break loose if we didn’t find a way to inform the public … and that we should take every step to put that information out there so we wouldn’t have the shock."
The administration clearly choose to go with shock.
 
Perhaps the “awe” was to come by way of President Obama providing a public smack down to AIG.
 
The story continues.
Around the same time, Congress and Obama’s team were passing up an opportunity to put in place strict laws to revoke bonuses from recipients of the $700 billion Wall Street bailout. In February, the Senate voted to add such a proposal to the economic recovery bill that cleared Congress, but in final closed-door talks on the measure, that provision was dropped in favor of limits that affect only future payments.
 

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Taliban To Obama, ‘No Moderates In Our Ranks’

Last weekend President Obama made it know that he was entertaining the idea of talks with the “moderate” wing of the Taliban in Afghanistan.

This is simply evidence that not only is Obama winging it on the economy, he plans to wing it so far as foreign policy as well.

Moderate Taliban?

Talks with terrorists, mass murderers?

President Obama was rebuffed by the Taliban Tuesday.

Sindh Today

The Taliban has squarely rejected US President Barack Obama’s call for negotiating with its ‘moderate’ arm to bring the ‘War on terror’ in the region to end.

Qari Mohammad Yousuf, a representative of the Taliban had the following to say:

This does not require any response or reaction from us as this is illogical […]

The Taliban are united, have one leader, one aim, one policy.I do not know why they are talking about moderate Taliban and what it means

 

Grading President Obama

MSNBC is conducting a live poll where you may grade our new president.

To date his grade is an F.

Considering the fact that the poll is being conducted by MSNBC it is remarkable that he is failing. Were this a FOX news poll, well that might be something else.

Somewhat encouraging.

CropperCapture[8]

UPDATE:

Up to 58% saying “He gets an F” with over 36,000 having taken the poll

61% give an “F”, 46,000 + having taken the poll

Lawrence Summers: Urgent Need For Short-Term Increase In Spending By Governments

FT

Barack Obama’s top economic adviser has urged world leaders to pump more public money into the economy in a co-ordinated effort to boost demand and lift the world out of recession. […]

The US administration had no choice but to take strong public action to “save the market system from its own excesses”, he said.[…]

“This notion that the economy is self-stabilising is usually right but it is wrong a few times a century. And this is one of those times . . . there’s a need for extraordinary public action at those times.”[…]

Here is an idea, stop removing so much money from the private sector and making it public. Let the citizen pump his and her own money into the economy themselves.

Pumping more “public” money into the economy is prolonging economic troubles. We, trust ourselves with OUR money. We do not, and with good reason, trust you the government with OUR money.

The administrations so called “strong public action” has scared the crap out of employers and investors. Until the administration stops floating it’s stupid trial balloons and sticking it’s hands in every person and industries bank account the economic issues will not see an end.

But I suspect they know that.

The economy is self stabilizing, the key word being “self”. Self indicating that you [government] get out of the way and allow the economy to do what it will do.

When you [Summers] note that there are times that the economy does not self stabilize you are ignoring the fact that the economy in those instances was not given the chance to self stabilize.

Let the banks fail, let GM fail (oh I know you don’t want to because of your incestuous relationship with the unions), some thing is going to rise and take their place.

Get the hell out of healthcare while you’re at it, you are simply lying when you say our economy depends upon government intervention in healthcare. 

Basically, you go about your constitutional duties while we go about our business of producing and consuming.

No governmental spending is ever “short-term”, it’s permanent. Once you get your greedy hands on the money WE have earned you never let go.

 

Who’s To Blame?

Question: Who’s to blame?

Answer: All of the above!

(Oh… and we dummy’s who voted for any of them)

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