Obama’s re-election has been profitable for us in the trading room. Unfortunately, the market is suffering just like the nation, from the election. But you get the government you deserve. The market is taking into account that he has no record of actually being able to accomplish anything except fooling most of the people part […]
Tag: President
The irreplaceable tax cheat Tim Geithner
That there are 36 Obama aides who owe back taxes is great news for the country which had just learned at the State of the Union speech that Tim “Tax Cheat” Geithner wouldn’t be around for a second term as Treasury Secretary. We now have an expanded pool of candidates to take over from Geithner, […]
Bypassing democracy, the Democrat way
It is typical of the elite to lose faith in the messy processes of democracy and the normal political friction of legislation. Without the intrinsic faith in the people (and the wisdom of crowds) its too easy for them to look for shortcuts. For example, here is Peter Orszag, fresh from the Obama administration recommending […]
Obama’s truthy truths
The writer cant wait to make the point that even though Obama’s story about his mother and her insurance strugglers arent exactly true, the LARGER ISSUES are still pertinent Its truthy without being burdened down by the weight of actual truth. Much like his claim that 80% of the people are in favor of tax […]
the only surprise is why it took so long to introduce the race card
Sheila Jackson Lee is usually much quicker, maybe she’s just getting tired http://thehill.com/blogs/floor-action/house/171807-sheila-jackson-lee-suggests-congress-complicating-debt-ceiling-because-obama-is-black memories are pretty short apparently when it comes to the disrespect that previous presidents have been shown in difficult negotiations. You’d think that by now politicians would’ve learned to disregard what other people think about them; that doesn’t seem to be one […]
The cost of payback, using GAAP
This is what comes from an effort to divert market energy into central planning schemes designed to reward Democratic constituencies. When the Obama administration releases a report on the Friday before a long weekend, it’s clearly not trying to draw attention to the report’s contents. Sure enough, the “Seventh Quarterly Report” on the economic impact […]
Federal judge gives Obama opportunity to save face over healthcare
Image via Wikipedia The federal judge that ruled Obama’s healthcare plan unconstitutional just saved Obama’s political career by giving them an opportunity to fight a glorious, noble and ultimately losing battle. He’ll be able to save face by showing that he gave his everything, but he won’t have to suffer the consequences of actually implementing […]
All the smooth hep-cats take a groovy step forward; not so fast Obama
Image via Wikipedia Obama: the man with a tin ear; he thinks he is legendary; he is becoming an urban legend, a walking punchline. He is looking more like Alfred E Neumann everyday He was supposed to be above politics; we now see he is just not very good at doing it. Oh, he can […]
Eliot Spitzer on CNN
Image by steve louie via Flickr what a buffoon. Did he run out of hookers to chase? Who thought it was a good idea to give him a microphone …so we can listen to his excellent and reasoned judgment credits Clinton with giving us a budget surplus; blames libertarian economics for the current budget disaster […]
Obama thinks we are “out” of the mess, thanks to his policies
Image via Wikipedia If there were ever a case of not knowing where you are or what’s going on around you: [Obama]….But he also says the midterm congressional elections could come down to “a choice between the policies that got us into this mess and my policies that got us out of this mess.“ Related […]