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20100210

A MOST EXTRAORDINARY HYPOCRISY!!



Cross posted with full story by SJ at MadMikesAmerica Uptown
Posted by Kentucky Rain :

8 comments:

  1. Quinty2/10/10, 10:58 AM

    As Ed Schultz pointed out the Republicans have an interest in seeing Obama fail because if he succeeds it will make them appear to be wrong.

    Wrong about everything.

    Wrong about tax cuts and deregulation as the best way to fix the economy, wrong about government involvement in large social problems such as healthcare, energy, the environment, on and on.

    That's why they don't want to help. Or give an inch. Because if Obama succeeds that will make their approach appear to be wrong. And if their intransigence makes Obama fail they will, of course, blame it on him and his philosophy. As proof big government is bad.

    So they say no even to their own ideas if their passage will help make Obama successful.

    I saw that segment on Rachel Maddow's show last night. It was great. Thanks for spreading it around.....

    (I deleted the message above due to too many errors.)

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  2. Jeremiah2/10/10, 4:14 PM

    Well, what we have here is just good all partisan politics, as usual - worse than usual actually, but partisan politics nonetheless.

    I wonder whether such behavior might prove harmful to the GOP in the long run. Probably not with their Republican base or the hardcore Libertarians. Obstructionism is the kind of behavior that Republicans expect of their party. And the Libertarians...they demand it! As for the rest, it's going to be left to the Spin Room and the propaganda war in the media, the Economy, Obama approval rating, and other variables.

    All partisan politics aside, Obama stimulus just seem like a continuation of Ben Bernanke Economics 101 to me:

    As 2008 began, economic indicators suggested an increased risk of recession. Federal Reserve Chairman Ben Bernanke testified before Congress that quick action was needed to stimulate the economy through targeted government spending and tax incentives. Congress moved rather rapidly at the time to pass the legislation: the idea was to stimulate spending by businesses and consumers during 2008. The American Recovery and Reinvestment Act of 2009 under Obama presidency rests on the same idea and is a logical follow through with the very same economic recovery legislation passed in the final year of the Bush presidency including the Economic Stimulus Act of 2008 and the Emergency Economic Stabilization Act of 2008.

    Anyway, fifty-six percent of people questioned in a CNN/Opinion Research Corporation survey released Sunday say they oppose the stimulus package, with 42 percent supporting it. [Link]

    Last March, just weeks after the stimulus bill was signed into law, a CNN poll indicated that 54 percent of the public supported the program, with 44 percent opposed.

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  3. Quinty2/10/10, 4:16 PM

    LEMON SOCIALISM

    "There’s good reason to feel outraged at the growing appearance that we’re running a system of lemon socialism, in which losses are public but gains are private."

    Paul Krugman

    Nicely put.....

    For the complete comment from this increasingly dismayed observer....

    http://krugman.blogs.nytimes.com/2010/02/10/clueless/

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  4. Kentucky Rain2/10/10, 5:08 PM

    I hear a lot of criticism of the stimulus bill but no solutions beyond what the president has done.

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  5. Jeremiah2/10/10, 8:49 PM

    Could perhaps the problem be with the Messenger? Just asking. Or is it just the Main Stream Media? Or the far right and the far left? I mean, fifty-six percent is a big number.

    "It's not clear what Obamanomics is," said Robert D. Atkinson, president of the Information Technology and Innovation Foundation (a nonpartisan Washington think tank).

    Perhaps the man's got a point: "It does hurt the administration."

    "It makes it harder to convey a vision of where you want to go."

    The Economy, obviously, has not been helping. (Perhaps it will improve. It could be a good thing, when the economy is good, it usually benefits the president in office.) People worrying over the economy, assuredly, is part of the problem. People know what they know. They know where they hurt. Beyond that, most of it goes way above most people's understanding, or attention span, as the case may be. Heck, watching on CSPAN some of our congressmen questioning Ben Bernanke last year, it looks like a lot of it goes way above the head of most of our representatives in congress too [Link], not to mention the Federal Reserve Inspector General [Link]. I am pretty sure president Bush didn't know much about the economy. Sometimes I am not so sure whether president Obama knows either. So, people can only hope that his advisers, like or unlike (as such things go) the advisers of the president before him, know what they are doing and that they have the people of this country's best interest at heart. But I digress.

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  6. Jeremiah2/10/10, 8:56 PM

    So oft in theologic wars,
    The disputants, I ween,
    Rail on in utter ignorance
    Of what each other mean,
    And prate about an Elephant
    Not one of them has seen!
    ~John Godfrey Saxe's ( 1816-1887)
    version of the famous Indian legend

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  7. Kentucky Rain2/11/10, 11:36 AM

    Well said Jeremiah...both times. I agree with you.

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  8. Quinty2/11/10, 12:51 PM

    It appears that the "bi-partisan" job stimulus bill coming out of the Senate will focus on tax cuts.

    Just what the Republican doctor ordered.

    An aspirin for an enormous tumor.

    But we can all dance in a merry circle of bipartisanship and be friends now. Isn't that nice?

    To what extent will the Democrats stoop to prove to the American people that they, themselves, are actually nice people? Good people. Who should be 'loved' because they are so willing to work with the Republicans. Even forfeiting their self-respect and love of power temporarily to prove they are truly good people?

    I hope I'm just over reacting. More information will come out. Tax cuts can help, slightly. But they will not come close to fixing the problem. At least not according to Keynsians.

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