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Bloviating Zeppelin: Obama: Killing Business

Bloviating Zeppelin

(in-ep-toc'-ra-cy) - a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed, are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers.

Thursday, February 04, 2010

Obama: Killing Business

It's tough to be the president right now. Mr Obama says so: "These are tough times to hold public office."

Poor Mr Obama. How sad.

Senior Arkansas Demorat Senator, Blanche Lincoln, herself under the gun, aimed comments squarely at the Leftist and "Progressive" portion of the Demorats on Wednesday. From The Hill:

Centrist Sen. Blanche Lincoln (Ark.) on Wednesday asked arguably the most contentious question during a discussion between Senate Democrats and President Barack Obama, hitting at conservatives and liberals.

Lincoln, who faces a tough reelection fight, asked Obama to push back against "people at the extremes" of both parties, especially against Democrats "who want extremes."

She also took a swipe at Obama's White House, referencing a constituent who "fears that there's no one in your administration that understands what it means to go to work on Monday and make a payroll on Friday."

Lincoln faces a steep reelection bid in 2010. She trails the likely Republican nominee, Rep. John Boozman, by 23 points and has only a 27 percent approval rating in a recent poll.

What a shock to the system! A Demorat who actually asked a pointed question of Mr Obama. One, you'll note, he never really answered. And a question not asked by our national media.

Some Demorats are actually starting to hold Our Hero at arms' length.

Because he really is that unhinged. And the advisors to whom he is listening: Emanual. Axelrod. Ayers. Alinsky. His very own personal A-Team.

We all wondered: what Obama will we see for his first SOTU? Contrite Obama? Understanding Obama? No; not at all. Instead we heard Strident Obama! Not Wavering Obama! Not Listening Obama!

William Jefferson Clinton was the penultimate politician. I remember hearing and reading, back in The Day, that Mr Clinton had the remarkable ability to suck all the oxygen out of a room he was working. That he had the ability to speak to you and make you think you were the only person he cared about, in a room filled with other people. And Clinton changed; he read the writing and changed tack. Mr Obama is no Mr Clinton. Not at all.

Back to the topic at hand: Mr Obama has no one on his staff who has ever had to meet a payroll, much less himself. He has little if any concept of business; business is something that one squeezes because it is Inherently Evil. If it makes Profit, that Profit is Evil.

In the meantime, the debt ceiling will be hit in but a few days:

WASHINGTON — The US debt is on track to hit a congressionally proposed debt ceiling of 14.3 trillion dollars by the end of February, the Treasury said Wednesday, a day ahead of a key vote to raise it to that level.

"Based on current projections, Treasury expects to reach the debt ceiling as early as the end of February. However, the government's cash flows are volatile, making it difficult to forecast a precise date," the Treasury said in a statement.

The current limit on the public debt of the United States is 12.374 trillion dollars.

The US debt exceeded 12.349 trillion dollars on Monday, according to Treasury data.

Furthermore, there are black clouds developing around the United States' credit rating:

Moody’s Investors Service fired off a warning on Wednesday that the triple A sovereign credit rating of the US would come under pressure unless economic growth was more robust than expected or tougher actions were taken to tackle the country’s budget deficit.

In a move that follows intensifying concern among investors over the US deficit, Moody’s said the country faced a trajectory of debt growth that was “clearly continuously upward”.

What will change the economy? Some simple things: businesses having the confidence to expand and build, banks willing to make loans. Some tax breaks. Some relaxation of regulations.

But no. You can throw that out.

Strident Obama says so. And oh, by the way, those in public office have things so difficult now.

Like you don't?



Anonymous Anonymous said...

Interesting. No mention of AIG multi million dollar bonuses and their gift from Bush today. Just the usual cheap crap

Wed Feb 03, 08:00:00 PM PST  
Blogger Bloviating Zeppelin said...

db: get real. Obama's debt today is $1.6 TRILLION and I suspect he's LYING about that! My other guess is that his Labor Department is also LYING about the percentile of UNemployed!

You evidently either have no kids, db, or you couldn't care less about subsequent generations of Americans.


Wed Feb 03, 08:20:00 PM PST  
Blogger shoprat said...

Even the center left is getting the picture and getting a horrid case of buyers' remorse. This is indeed hopeful.

Thu Feb 04, 05:53:00 AM PST  
Blogger Bloviating Zeppelin said...

Shop: hopeful, yes. To a degree. I still don't believe Mr Obama can be swayed from his current spending path. The potential consequences being catastrophic. I'm don't think he believes that at all.


Thu Feb 04, 07:48:00 AM PST  
Blogger dmurray said...

Re the SOTU: Watch Justice Sonia Sotomayor. She sat next to Justice Alito during (yet another unprecedented) Presidential tantrum. I saw her sworn in on TV and was surprised that the stress didn't cause a stroke. I wonder how she will react to Progressive causes that come before her after the Progressive Incarnation called her little group out with no real basis whatsoever if fact, logic and proportion in front of the entire world. How will Justice Sotomayor react?

I am sanguine about elections this year and am happy to quote Professor Long from CSUS, "Don't you know fire and rain are comin' on the midterm?"

Thu Feb 04, 09:14:00 AM PST  
Blogger Bloviating Zeppelin said...

DM: ah, Elton Long. I believe it shall be fire and rain, in sheets and sheets.


Thu Feb 04, 12:06:00 PM PST  
Blogger Z said...

he is SO OUT OF's hard to hold public office (I hope it's even harder in 2012, you jerk! ooops)
...when there are people losing their jobs left, right and CENTER?
WAKE UP, YOU Horrid've got it EASY and you're STILL messing up our country.

I think Shoprat's right.......people are waking up. Hallelujiah! :-)

Thu Feb 04, 02:58:00 PM PST  
Blogger Ron Russell said...

Has Blanche Lincoln, seen the writing on the wall---yep, but its too late for her. Will Obama and those around him see that same writing--nope! Progressives simply cannot moderate, progressives are firm believers in Keynesian economics and will go down with the ship before they give up on "John Maynard Keynes" and his failed ideals.

Thu Feb 04, 03:01:00 PM PST  
Blogger Bloviating Zeppelin said...

Ron: I fear you're quite correct.


Thu Feb 04, 03:46:00 PM PST  
Blogger Maggie M. Thornton said...

I'm torn between wanting this to escalate so that when we kick him out of office no one will ever try this again - or be given the chance to try it, and wanting it to stop right now before we actually jump over the cliff.

I really think he must continue for awhile, and of course he will.

Thu Feb 04, 08:50:00 PM PST  
Blogger A Jacksonian said...

Fascinating that the deacon and bd use the same set of talking points. Like they copied and pasted them...

And remember, Obama's appointee, Little Timmy Geithner approves of the damned bonuses going out. Don't let those talking points run over you, now, hear? Because it looks like a nefarious plot by the Obama Administration to keep graft going to the Bushes... if you actually BELIEVE the freaking talking points. Obama's hands are not clean and Geithner's are up to his eyeballs in mud on the deal.

Sun Feb 07, 04:42:00 AM PST  

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