There are none so blind…
How can anyone be so tied to an ideology? How can anyone be so into political gain they hide behind lies and obfuscation? Does the ‘D’ or the ‘R’ behind someone’s name have to mean so much? If those letters were eliminated from the political lexicon Romney would win in a landslide.
Watching the Veep debate was painful. Joey B spent most of his time doing his best to keep Ryan from finishing his statements. The left was crowing with glee over Biden’s mugging and rudeness to both his opponent and the debate moderator. Throwing red meat to the left was obvious but, there was another reason for this over arching ego trip Biden took. It’s called fear and desperation. The left resorts to this sort of tactic when they know they’re losing the argument. They become rude, obnoxious, and loud to cover their fear of losing the argument. We all know people like this, especially those of us who are former democrats. When they have nothing left, they resort to this tactic. Reasonable people usually react by saying “fine” and dropping the subject at hand. That’s when ‘victory’ is declared by the leftist with a self satisfied smug attitude. When the leftists run out of ideas this is the tactic they always resort to using. Reasonable people are now considered “far right extremists”, whether they be center left or center right. This will be the left’s downfall. You can’t call the majority the ‘enemy’ and win.
Buried in the Dodd-Frank Bill was a big wet kiss to the the NY banks. In other words, bailouts in perpetuity. Richard Fisher, head of the Federal Reserve Bank in Dallas had this to say concerning the “too big to fail” in Dodd-Frank; from the Washington Post
The problems posed by “supersized and hypercomplex banks” may, Fisher says,
require anti-obesity policies equivalent to “irreversible lap-band or gastric
bypass surgery.” The land of TBTFs is “a perverse financial Lake Wobegon” where
all crises are “exceptional,” justifying “unique” solutions that are the same —
meaning bailouts. This incurs “the wrath of ordinary citizens and smaller
entities that resent this favorable treatment, and we plant the seeds of social
The five largest institutions now hold 61% of commercial banking assets.
“For all its bluster, Dodd-Frank leaves TBTF entrenched. . . . In fact, the financial crisis increased concentration because some TBTF institutions acquired the assets of other troubled TBTF institutions. The TBTF survivors of the financial crisis look a lot like they did in 2008. They maintain corporate cultures based on the short-term incentives of fees and bonuses derived from increased oligopoly power.”
This is why Romney wants to repeal Dodd-Frank, to save the economy from another big crash if one or more of these banks fail again. We’re on the hook for the benefit of the few, he wants to take us off the hook for the benefit of all.
Obama is back at it. He still can’t stop talking about the first debate with Romney. He still believes he won. All you have to do is read the transcripts to know it’s true. He’s still stroking his own ego which has been pretty bruised. Obama: If people read transcript, they’ll think I won last debate. He just can’t let it go, can he?
President Obama told a Miami radio host yesterday that he never thought, during last week’s presidential debate, that Mitt Romney got the better of him.
“That’s not actually how I thought about it,” Obama said on the Michael YO! Show when asked if there was a moment when he knew he was losing last week. “I do think that on television it was clear that I was being too restrained when Mr. Romney was telling his tall tales. But the truth is, when you read the transcript, everything I said was true and a lot of what he said was not.”
Obama not only has a major problem with losing but, his campaign has become petty and smarmy. When you have nothing to run on villify your opponent and make them the ‘enemy’. Harry Truman said “The buck stops here”, Obama says ‘The buck stops everywhere else but here’. He takes no responsibility for any of his decisions, failure, or the divisivness of his campaign. It’s time to elect a President who is willing to shoulder the responsibility of the office and who won’t blame us, like Obama does for his failure as President. People, including Obama, make mistakes. We Americans are a forgiving lot if there are changes made once those mistakes are obvious. Obama is not willing to admit his mistakes and doubles down to keep pushing a failed agenda, both domestic and foreign. Our economy is not growing, food, gas, and energy costs are rising making Americans poorer in the long run. This has to change for the sake of our country and for all our citizens. Obama tossed all of us under the bus, it’s time to let him go.
- GAO Audit Reveals Fed Gave $16 TRILLION to TBTF Banks From 2007-2010 (silverdoctors.com)
- Legal Scraps from the Veep Debate (blogs.wsj.com)
- Posted in: 2012 campaign ♦ 2012 Election ♦ Barack Obama ♦ Democrats ♦ Economy ♦ Politics ♦ Progressives ♦ Random ♦ Romney ♦ Ryan ♦ Uncategorized
- Tagged: 2012 campaign, 2012 election, bailouts, Dodd-Frank, Dodd–Frank Wall Street Reform and Consumer Protection Act, economic growth, economic policies, Lake Wobegon, Mitt Romney, Obama, Romney, Too big to fail, United States