Posted by: riggword | February 24, 2009

Obama speech of the century part 2

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Money Money Money, for everybody, it’s a liberal world!

So another President another first 30-days-speech…..yawn!!!

I have never bought into the idea that slick talk out ways true substance. Bill Clinton charmed and denied his way into the hearts of Americans. Obama is using his silky strong teleprompter skills to win the allegiance of millions of Americans. President Bush stuttered and mispronounced his way into Michael Moore’s trash heap. Lefty Michael Moore types excluded, at least with President Bush even when you didn’t agree with him his points are reasonable to follow and at least plausible.

Yet Obama like Clinton never explain or follow through on viable procedures and policies that can actually be positive and accomplished. Bill and Hillary talked for eight years about Health Care Reform and gave us Hillary’s secretive 500 member panel debacle. At least Bill Clinton had some sense of financial restraint. Obama keeps telling us that he will spend us out of economic hard times. Then he is going to lower the dept and increase the military. Add it up folks, this is not rocket science. Negative 2 trillion dollars minus 1 trillion dollars minus ½ a trillion dollars minus….equals a whole lotta minus!

I agree with this observation from Riehl World,

Um, I nodded off and missed the speech but from a tip, the text and Google – it seems fair to question this bit on health care.

For that same reason, we must also address the crushing cost of health care. This is a cost that now causes a bankruptcy in America every thirty seconds. By the end of the year, it could cause 1.5 million Americans to lose their homes.

That could be called a gross exaggeration … well actually, more like a lie.

Putting aside that it now seems impossible to lose your home in Oba-land, a bankruptcy every 30 seconds equals 2 a minute, = 120 an hour = 2889 a day = 1,051,200 a year.

According to the WaPo on January 4, 08 and CNN Money for 08 and 09 projected, while it likely justifies his annual number, health care isn’t even listed in the items. It’s all about credit abuse – a topic about which Obama now has no room to talk, thanks to his stimulus plan. Linking health care to personal bankruptcy right now seems to amount to taking advantage of the economic crisis. Like Rahm suggested, you can’t let a good one go by without change. But his numbers combined with the health care reasoning don’t come close to adding up. And History has shown a president willing to lie about facts could prove to be the biggest crisis of any one administration.

More than 800,000 personal bankruptcy filings were made in 2007, compared with more than 573,000 in 2006 — the lowest level since 1998, according to data collected by the National Bankruptcy Research Center and published by the American Bankruptcy Institute, a research group in Alexandria.

Samuel J. Gerdano, executive director of the American Bankruptcy Institute, said in a statement that the trend is likely to worsen this year as consumers’ high debt loads are “made worse by the home mortgage crisis.”

Personal bankruptcy filings for most of this decade had been much higher — around 1.5 million annually. But after an eight-year campaign by banks, retailers and credit card companies, Congress in 2005 passed the biggest changes in U.S. bankruptcy laws in a quarter-century, mandating an income test to measure a debtor’s ability to repay obligations. (More From Riehl World)

I can’t even remark on this speech any more. Perhaps you have a stronger stomach than I; I couldn’t even listen to the speech, I had to read it. Please read Hugh Hewitt’s account followed by Michelle Malkin’s. They have iron stomachs for this sort of thing. (riggword)

From Hugh Hewitt:

Posted by: Hugh Hewitt at 10:23 PM Nicely delivered, and it remains inspiring to see an African-American conduct the rituals of the presidency. The First Lady was also full of obvious cheer, and her embrace of the young girl from South Carolina after the president referenced her touching letter was the best moment of the night.

I liked the pledge to increase the size of the Army and the Marine Corps, the pay of all military and benefits for veterans, and hope that isn’t accomplished by taking a 280 ship Navy to 250, etc.

The trouble with the speech, of course, is that what the president promises to do simply cannot be done, because the costs are so staggeringly high that the economy cannot bear all or even most of them absent the sort of renewed economic growth that soaring tax rates will snuff out.

The problem with President Obama’s agenda is that it is built on serial fantasies, fantasies which ignore the real benefits of things such as nuclear power and oil exploration. The president’s talk was well phrased and beautifully delivered, and deeply disconnected from the realities of economic growth.

Congressional Democrats have the numbers to push through many of the things the president wants, but each concrete proposal will travel the same course as the porkulus traveled –from high flown rhetoric to disappointing legislative language to off-putting low and deceptive politics. The president’s negative ratings soared in one month, and that’s a trend that will continue because the American people continue to view government with suspicion and to resent the vast waste of tax dollars they have already seen on a scale never before witnessed in D.C.

From Michelle Malkin sums up the Obama slobbering press:

Obamedia Drool Bucket Award

By Michelle Malkin • February 24, 2009 11:31 PM

And the bucket goes to…Ron Fournier of the Associated Press for this overflowing, slobbering prose:

Analysis: Obama address renews audacity to hope

By RON FOURNIER – 46 minutes ago

WASHINGTON (AP) — President Barack Obama gave America the audacity to hope again.

After describing the U.S. economy in nearly apocalyptic terms for weeks, pushing his $787 billion stimulus plan through Congress, the president used his address to Congress on Tuesday night to tap the deep well of American optimism — the never-say-die spirit that every president tries to capture in words. And great presidents embody.

***

Reminds him of Reagan?

Ron Fournier’s review:

Analysis: Obama address renews audacity to hope

WASHINGTON (AP) — President Barack Obama gave America the audacity to hope again.

After describing the U.S. economy in nearly apocalyptic terms for weeks, pushing his $787 billion stimulus plan through Congress, the president used his address to Congress on Tuesday night to tap the deep well of American optimism — the never-say-die spirit that every president tries to capture in words. And great presidents embody.

“We will rebuild. We will recover, and the United States of America will emerge stronger than before,” Obama said, echoing Franklin Delano Roosevelt and Ronald Reagan.


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