Tag Archives: 2012 Election

2012 Election, Economy, Media, Politics, Race Relations

Listening Tour, It’s Like Voting Present

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President Obama speaks at a town hall-style meeting Monday at Lower Hannah's Bend Park in Cannon Falls, Minnesota

Update 8/19/2011: President Obama hits the campaign trail today in his two new multi-million dollar busses we bought him. The White House “explanation” is that they are on official business, not a political campaign.

Curious thing about President Obama’s campaign kick-off. If his first day on the campaign trail isn’t important enough to cover live, it begs the question “why is that? Ordinarily, the President is on every major TV network and most of cable. Could it be because he is not drawing crowds? Maybe it is because visiting states and localities where unemployment is low, and predominately white, would not set well with the  Congressional Black Caucus? Or both.

The big news of Obama’s new re-election campaign that is not being reported is that he is out of ideas. Not only is he out of ideas, but he is not taking any responsibility for the malaise we are seeing today in this, Jimmy Carter’s “second term.” Instead, he is pointing fingers at Republicans, Congress, the tsunami in Japan, and the so-called ‘Arab Spring.’ The latter of which, you may recall, President Obama tried to claim credit for when Egypt overthrew President Mubarak.

Two and a half years into his administration, the “leader” of the free world does not have a plan for economic recovery that works and said that “there are a lot of good ideas out there and we’re going to listen to them” because he wants to “create jobs.” He must think the Cut, Cap, and Balance bill passed by the House was not a good idea.

What a disappointment President Obama must be to the people who believed he could deliver on his community organizer-style campaign rhetoric. He is voting present with each committee he forms. Nothing has changed where Obama is concerned. Well, except for our longest stretch of a stagnate economy, unemployment is up, no net increase in private sector jobs so far. And did you know that youth unemployment in Washington, D.C. is now over 50 percent? That’s up from 25 percent a few years ago. In fact, minority unemployment everywhere is as bad as it has ever been under President Obama. Sure, I’ll vote for more of that! What?

2012 Election, Economy, Politics, Race Relations

Obama’s Historic Presidency

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Yes historic. And I’m not talking about his race. Everyone got over that the day after the election. (well, except for liberals/progressives) What else is historic for President Obama is that he now has the bragging rights for overseeing the country’s fall into decline while in office.

  • the return of double-dip recession fears
  • an emboldened Tea Party
  • a sinking Dow
  • stagnating employment
  • and the nation’s credit rating downgraded for the first time in 70 years.

That would be the AAA credit rating that President Obama inherited from President Bush. A dubious honor for sure. What makes it worse is that not only was this train wreck of an economy predicted, it was preventable too!

The Obama administration says they’ve done all that can be done to fix the economy. They want to borrow and spend even more money, ostensibly believing that what didn’t work the last time, and the time before that, will work this time. Obama says we just have to sit tight and wait for the economy to improve. Recovering from the worst economy since the Great Depression is a “slow process,” the president said. What he really means is he has done all that he and his advisers know to do. It is not all that can be done.

There was a solution passed by the Republican-led House and tabled by the Democrat-led Senate called Cut, Cap, and Balance. By the way, Standard & Poor’s said that ‘Cut, Cap, and Balance’ was the only plan proposed by either party that would have preserved the AAA credit rating. So no one has the right to act outraged at S&P’s downgrade action. But for political reasons, not economic ones, the President has to pretend like there is nothing else that can be done. Just take it. Eat your peas. Get used to high unemployment, rising interest rates, rising costs everywhere, and a stagnant economy. That’s the change Obama has in mind. Don’t you wish you knew that a couple of years ago, before the election?

Link: Facing Economic Headwinds, Obama Struggles Again to Find an August Storyline

2012 Election, Economy, Media, Politics

Obamanomics Is Expanding

Updated 8/7/2011. Now that all the stimulus money has played its course, look around for signs of success. And also look for President Obama to ask for either another “stimulus” package or a QE3, or both. But that’s beside the point.

The point is the economic genius of our president, media malpractice, and how well the two go together.

Obamanomics began from a “social justice” footing. Simply put, social justice is a statist belief that the government must manage society in a way that guarantees outcome under the pretense of fairness.  I don’t believe that is in the Constitution, but Obama doesn’t preserve, protect, or defend it anyway. He really wants to be America’s new founding father.

He manages society through taxation, taking money from those who have it (regardless of whether they have been born) and give it to those who want it. The fact that the recipients might want to keep the checks coming by voting to keep them in office is just an unintended? consequence.

While Americans that have lost their jobs are in the unemployment line, President Obama is working hard to keep his own. Having been to 37 fundraisers up to this point in time, it is clear where his focus is. Bush and Clinton had 10 and 7 respectively for the same length of time in their first term.

But now, Obamanomics has a new twist. The fact that there is no job creation going on is not because of the president’s policies or his class warfare, wealth envy, or anti-business tendencies. PBS and Obama blame it on businesses for not hiring people. Here is a quote from a short PBS article that took two people to write.

However, it’s been clear for months that President Obama’s ability to enact job-creating policies has been significantly restricted by politics and the business community’s refusal to hire in the face of depressed consumer demand.

Restricted by politics? Not hardly. Obama got all the stimulus and major policies he asked for. Neither PBS nor President Obama and his advisers understand free-market economics. Businesses don’t hire people so that someone will have a job. They hire people when they believe they would lose business if they did not hire. They hire people so that they can make money. Or to put it another way, businesses don’t hire people when business is down and there is no prospect of business getting better any time soon. But in Obamanomics, businesses should hire people so they will have a job.

So this is why taxpayers have to continue to fund PBS?

But wait, there’s more. Remember the first stimulus package? All that shovel ready stuff, rebuilding the nation’s roads and infrastructure. He sold it to the American people on the pretense that that’s what it was going to be used for. And they bought it. Now we know it was nothing more than a slush fund to give to state governments to support the public-sector union wages and pension plans. Knowing full well that that money would come back to the Democratic party in 2010 like it did.

Well guess what? Pretend all that infrastructure rebuilding never happened. Because in reality, it didn’t. That’s why President Obama will be hitting up the American people for more money to ostensibly do the same thing that he asked Americans to pay for a couple years ago. You know, back when unemployment was in the 6-7 percent range.

We also need to give more opportunities to all those construction workers out there who lost their jobs when the housing boom went bust. We could put them to work right now, by giving loans to private companies that want to repair our roads and our bridges and our airports, rebuilding our infrastructure. We have workers who need jobs and a country that needs rebuilding; an infrastructure bank would help us put them together.

The administration is counting on the short memory of the dumb masses and outlets like PBS to dutifully carry their water. Short of admitting they have it all wrong, they are left with no other choice.

Link: With Debt Deal Done, Obama Turns to Re-election Campaign  |  With debt deal done, Obama sees need now for new spending on bridges, roads, unemployment  |  Huffington: Nobody Believes Obama’s Top Priority Is Jobs; It’s Getting Re-Elected  |  I Will Not Rest

2012 Election, Economy, Politics

Interest Rate And The Debt

As an aside from the debate in Washington about whether or not to raise the debt ceiling, spend less, or balance the budget, there is something else just as ominous to the country and future generations that you should know about.

We all understand that borrowing money has a direct cost to it, the interest rate. Interest rates now are at all-time lows. No problem. When interest rates go back up, big problem.

This video demonstrates the effect of what higher interest rates will have on the economy and yet unborn Americans.

Short version, instead of owing over $1 trillion a year in interest payments now, we could be looking at $2.6 trillion per year by 2021. Or to put it another way, it amounts to more than half of what the government gets in taxes per year.

http://www.youtube.com/watch?v=MdbqjiIiQLQ

Meanwhile, Nancy Pelosi and The White House call the GOP’s plan (remember, Democrats don’t have a plan) extreme. Who knew that balancing the budget, reducing spending and trimming the size of government to a sustainable level would be characterized as extreme?

2012 Election, Media, MRIOTD, Politics, Race Relations

Chris Matthews Wins M.R.I.O.T.D. Award

Mitt Romney announced he is running for president in 2012 today. He did it in Stratham, New Hampshire, at the Bittersweet Farm. The same place that Bush ’41 and Bush ’43 made their announcement. Not missing a beat, Chris Matthews, host of Hardball on MSNBC plays the race card.

While watching the clip of Romney’s announcement, Mathews says “look at the diversity in that crowd. They are Lilly white.”

Chris wins the M.R.I.O.T.D. (Most Ridiculous Item Of The Day) award hands down on a twofer. First for even injecting a racial element, and second for the locale of the event. They were in New Hampshire, where blacks represent 1.4 percent of the population.

2012 Election, Politics

Herman Cain, To Skeptics And Critics

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Wow! I must be causing some people quite a concern as a candidate for the Republican nomination for president. The establishment skeptics are still stuck in the traditional campaign paradigm of immediate name ID, lots of money, and having held a worthy elective office before. The critics are pounding on what they perceive as my weaknesses. And the Democratic National Committee now has me on its radar and is sharpening its blades for a Cain attack.

No one is more emblematic of the Republican establishment than Karl Rove. He has an unmatched political record from his tenure with former president George W. Bush. I greatly respect and admire what he has accomplished in his career.

But I would suggest that he take a few minutes to review my record as a leader in business and as a problem-solver before he dismisses me as the radio talk show guy from Atlanta with not much to offer as a presidential candidate. Mr. Rove’s perspective also suggests that successful business skills are not applicable to changing the “Titanic” course our federal government is on.

People outside the political establishment are starting to recognize that those business skills are applicable. Maybe that’s why Cain is rising in the polls.

One of my favorite political commentators, Charles Krauthammer of Fox News, described my candidacy as entertainment. I enjoy his perspectives because he is usually very thoughtful and often correct in his analysis. Unfortunately, this time he got it wrong. Some people would describe being able to give an informative and inspiring speech as an asset, especially if one is running for president.

Or maybe Mr. Krauthammer was thinking of the announcement rally we held in Atlanta recently, which attracted over 15,000 enthusiastic supporters. Then again, maybe it’s because we do not have the funds or the fundraising network that the more well-known candidates have. And no, my campaign is not broke, as someone on Chris Wallace’s Fox News staff incorrectly concluded from a dormant PAC account.

My presidential campaign account is called Friends of Herman Cain, just in case Mr. Rove, Mr. Krauthammer and Mr. Wallace would like to make a contribution. I’m not mad! We just have temporary differences of opinions.

And to my critics who are scouting for more of my weaknesses to write about, I will give you three you have not discovered yet. I don’t know everything. I don’t pander to groups.  And I am terrible at political correctness. Like any candidate, I will make some gaffes and stumble in some interviews with the press.

On the other hand, my strengths include identifying problems, properly framing problems, solving problems, surrounding myself with good and great people, and giving those overly inspiring speeches to engage the people in my common sense solutions process. Oh! I also like to smile, laugh and have fun with people. I think people can handle those qualities in a presidential candidate.

Lastly, I’m surprised that the DNC already has me on its political radar screen when not all of the potential candidates have yet to even formally declare their candidacy for the Republican nomination. Maybe the Democrats are taking my candidacy seriously, and if I win the nomination then they will not be laughing.

I realize that the road to the nomination and the White House is long and difficult. I know we will encounter many new challenges along the way, and that many people see my chances as against the odds.

When one considers that I am up against the skeptics, the critics, the establishment, the Democrats, the liberals, gotcha journalism, a liberal-leaning mainstream media, the challenges of raising campaign funds and a host of other candidates seeking the same objectives, my candidacy is against the odds.

But then, that’s been the story of my life and my career.

Maybe my middle name should have been David. He defeated a giant against the odds.

2012 Election, Politics

The Two Faces Of President Obama

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President Obama finally came in front of a camera to address the American people about his budget. Or so we all thought. What we got was a campaign speech to kick-off his 2012 run for re-election. There were no specific plans to add to or counter the Ryan proposed 2012 budget. What there was were talking points, class warfare, age warfare, scaring seniors,  and scaring families with disabled children.

Once again, the President missed an opportunity to lead. Instead, his teleprompter was in campaign mode.

Headline reads “Obama: Cut spending, raise taxes on the wealthy.”

“We have to live within our means, reduce our deficit and get back on a path that will allow us to pay down our debt.”  That was after he passed an $800 billion stimulus package that was only designed to stimulate government jobs and save union jobs. And after he and congress rammed the un-Affordable Health Care Act down America’s collective throat. And after the national debt quadrupled to over $14 trillion dollars, unemployment jumped way over his promised 8%, and housing foreclosures are still going strong. It crossed my mind that he was rehearsing for a Saturday Night Live skit with his ‘we have to live within our means’ line.

Obama also wants to raise taxes by allowing Bush-era tax rates to expire for individuals making $200,000 or more a year and couples making $250,000 or more.

That was after, in December 2010, he said that increasing taxes would be counter productive to economic recovery. That was four months ago.

President Obama was all about ignoring the advice of the special debt commission. And saying about the Ryan plan that they (Republicans) want to “end Medicare as we know it,” he said, and to extend tax cuts for the wealthy while demanding 33 million seniors pay more for health care.

If we don’t ‘end Medicare as we know it,’ it will bankrupt the country all by itself. The same as Social Security will do all by itself if that is not overhauled to some sustainable level too. And when that happens, the only seniors that will have medical insurance or medical care will be the ones that can pay for it themselves. But that’s his story and he’s sticking to it. Not leading, but campaigning.

On the Ryan plan to reform Medicare, Obama vowed “That’s not right, and it’s not going to happen as long as I am president.”

What are the American people supposed to take from a comment like that? Sounds to me like he is committed to failure. Committed to his base instead of the health and welfare of the American people.