Posts Tagged ‘Obama’

The Get Out Of Jail Free Card

Saturday, August 31st, 2013

Our President, having backed himself into a corner with his ridiculous Syria policy, now gets a reprieve: this Congress won’t vote for it, so, reluctantly, he’ll decide to do nothing…

And this was the correct decision in the first place, but nobody will remember that!

And this Presidency, except for the Executive Branch regs, and assuming the Dems don’t get the House back next year, has been over for at least 6 months, and nobody will remember that!

Gorilla says: “Not forgetting bank error in your favor, which is back again, aka learning nothing from the past!”

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If It Quacks, Etc.

Thursday, April 11th, 2013

I’d say April 10 was the end of the Obama Administration.

Absent getting control of the House in 2014, which is pretty much impossible, there won’t be anything of any importance done in the next 4 years.

The country’s polarized, and Republicans are not interested in governing.

Our President’s great idea is to propose screwing old and poor people in service to The Grand Bargain.

He’s smart enough to understand there’s no chance of this happening, and dumb enough to think Americans will notice, show up at the polls and send the Know Nothings packing.

He had a good run in the first 2 years, but like most politicians he wasn’t bold enough, so his legacy will be Obamacare, which will help a lot of desperate people, and whatever environmental regs aren’t struck down in the courts.

Gorilla says: “It’s a pittance, but better than nothing!”

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Shorter Obama Budget Proposal

Friday, April 5th, 2013

Screwing the poor and old goes bipartisan!!!

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Gorilla’s 2012 Election Prediction

Monday, November 5th, 2012

Electoral College: Obama 303, Romney 235

Popular Vote: Obama 53%, Romney 47%

Senate: No change

House: Pickup of 15 seats by the Democrats

Gorilla says: “It’s over and our President will be back!!!”

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Fearless Prediction

Monday, August 13th, 2012

It’s August 13, 2012.

Absent the US economy sliding back into recession, which is very unlikely, and absence the practice of journalism by the Washington press corps, which is very likely, Gorilla says:

“Obama will beat Romney by at least as much as he beat McCain, the House of Representatives is definitely in play for the Democratic Party, and at least one of the billionaires now buying our political parties will be indicted for a serious crime before November!”

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How To Lose An Election

Monday, September 19th, 2011

1) Propose a woefully inadequate jobs program that at best hires only about 10% of the currently unemployed.

2) Propose $3 trillion in spending cuts and tax increases at a time when the output gap is $2 trillion and rising.

3) Presume that your key supporters will come out in droves, particularly if the other party nominates a complete clown.

It’s fine to propose things for the sake of appearing different, but doing nothing about the economy for another 12 months guarantees that unemployment will rise and you will indeed lose the election.

Gorilla says: “Barry used to be a smart guy, now he’s a defeated President walking!”

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Feels Like Bush

Thursday, September 8th, 2011

Gorilla says: “Inadequacy whenever leadership is required, accompanied by fear, let’s all celebrate not going boldly into the future!”

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Not Surprising: A Woefully Inadequate Jobs Program

Wednesday, September 7th, 2011

Why bother, if this is the best you can do?

Our President knows full well that the output gap in the US economy is $2 trillion; if he doesn’t, he should get some real economists to advise him.

Proposing a $300 billion jobs program therefore is entirely inadequate.

Having that program be focussed primarily on tax cuts for those already employed, the least effective form of stimulus, is absurd and cruel.

What’s needed is a stimulus program of at least $1 trillion/year for the next 2-3 years, consisting of a jobs program to hire 10 million Americans to rebuild infrastructure, an infrastructure program to fix roads, bridges, water and sewer systems, and a state aid program that will prevent the massive layoffs of teachers, firemen, and policemen.

What’s reality is that none of these things will pass the US Congress as currently constituted, so there must be unilateral action by the Fed and Treasury to get things done.

The alternative is a one term President followed by the return to power of the party that is entirely responsible for the current disaster the country is facing.

Gorilla says: “Going halfway to nowhere is not as good as going all the way somewhere!”

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Without A Clown

Monday, August 8th, 2011

Our President is one and done.

There’s no sense that he really understands what’s going on.

The country needs bold, affirmative leadership, and he’s simply not providing any.

It’s not about the deficit, it’s not about the debt, it’s not about the stock market…

What it is about are 25 million unemployed Americans, and millions more who have lost their homes and their savings, and the refusal of our leaders to lift a finger to help them.

The country needs a serious jobs program and much, much more spending to close a $2 trillion output gap and a lack of sufficient demand.

Such spending is easily financed by the lowest interest rates of the past 60 years.

It’s more than a little strange that a ridiculous downgrading of US bonds leads to an increase demand for US bonds, but that’s where we are…

What we get are meaningless platitudes and a focus on problems that don’t actually exist: inflation, “confidence”, and a debt that’s entirely manageable.

It feels a good deal like watching Jimmy Carter twist in the wind: the sense that a good and decent man cannot bring himself to rock the boat and instead wallows in defeatism.

Gorilla says: “So long, Barack, it’s been good to know ya!”

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A Depressing Day Of Total Failure

Tuesday, August 2nd, 2011

As we watch our nation’s leaders fail to lead, it’s also interesting to note that the cost of financing the big, bad debt is lower than it has been in Gorilla’s lifetime.

Apparently the bond vigilantes are willing to finance a perpetual search for the confidence fairy.

At this point, the President’s pretending to care about jobs, but it’s too late. The time to do something serious about that was 2009, and he and the Congress simply didn’t do enough.

Bold initiatives were required for the worst economic downturn in 70 years, and, with the exception of healthcare reform (itself not very bold, but a start in the right direction), bold initiatives did not occur.

Now, one House of Congress is controlled by an insane, racist, extremist, misogynistic party who will not agree to anything proposed by this President for the foreseeable future.

It will be round after round of hostage style negotiations, economic growth stalling, and the likely end of the Obama Administration in the 2012 elections.

Democrats aren’t going to come out unless the Know Nothing nominee is a complete crazy (and that’s the only hope they have of winning in 2012, because the economy will be in recession by then).

They’re fed up with this Administration’s endless bipartisanship fetish and the inability of Congressional Democrats to agree on much of anything since the 2010 elections.

Gorilla channels Cronkite: “Didn’t have to be this way, but that’s the way it is!”

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