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Obama: No Retreat, No Surrender

Posted on Jan 25, 2012
White House / Pete Souza 

By E.J. Dionne, Jr.

This was a campaign speech, but so, too, were the State of the Union addresses of Ronald Reagan in 1984 and Bill Clinton in 1996, as former Clinton speechwriter David Kusnet pointed out. The comparisons are instructive.

Obama’s was closer to the Reagan model, in form if not content. Reagan laid out what became the major themes of his campaign, including not only the nation’s recovery from economic turmoil but also his central philosophical purpose: a continuing battle against “the tendency of government to grow.”

Obama’s speech was Reagan’s turned on its head. Like Reagan, Obama previewed his election arguments in a philosophically aggressive way. But Obama’s claim was the opposite of Reagan’s. Obama spoke of government’s essential role in ensuring shared prosperity and in creating an America “built to last”—a slogan drawn, perhaps not accidentally, from truck commercials for General Motors, the company whose rescue Obama engineered.

Obama’s speech was chock-full of government initiatives: tax benefits to promote domestic manufacturing, new job-training partnerships between community colleges and businesses, education reform, more work-study jobs, broader opportunities for mortgage refinancing, incentives to hold down college tuitions. Obama used his energy program to make his larger point explicit: “Government support is critical in helping businesses get new energy ideas off the ground.”

In offering a laundry list of programs large and small, Obama’s address was positively Clintonian. But there was a major difference. In his 1996 State of the Union, Clinton chose to bend to the conservative wind that had blown in with the Republican sweep in the previous midterm election. “The era of big government is over,” Clinton declared in one of his most celebrated lines.

Obama, on the other hand, confronts an even more radical and sweeping assault on government, and so he has decided to take it on, forcefully and directly.

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Filed under politics State of the Union address Obama Republicans Reagan Clinton government initiatives big government Nanny State

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Obama To Use Pension Funds Of Ordinary Americans To Pay For Bank Mortgage "Settlement"


The story did not outline terms, but previous leaks have indicated that the bulk of the supposed settlement would come not in actual monies paid by the banks (the cash portion has been rumored at under $5 billion) but in credits given for mortgage modifications for principal modifications. There are numerous reasons why that stinks. The biggest is that servicers will be able to count modifying first mortgages that were securitized toward the total. Since one of the cardinal rules of finance is to use other people’s money rather than your own, this provision virtually guarantees that investor-owned mortgages will be the ones to be restructured. Why is this a bad idea? The banks are NOT required to write down the second mortgages that they have on their books. This reverses the contractual hierarchy that junior lienholders take losses before senior lenders.  So this deal amounts to a transfer from pension funds and other fixed income investors to the banks, at the Administration’s instigation.”

Obama’s latest housing market chicanery should come as no surprise. As we discuss below, he will use the State of the Union address to announce a mortgage “settlement” by Federal regulators, and at least some state attorneys general. It’s yet another gambit designed to generate a campaign talking point while making the underlying problem worse.

The president seems to labor under the misapprehension that crimes by members of the elite must be swept under the rug because prosecuting them would destablize the system. What he misses is that we are well past the point where coverups will work, and they may even blow up before the November elections. If nothing else, his settlement pact has a non-trivial Constitutional problem which the Republicans, if they are smart, will use to undermine the deal and discredit the Administration.

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Filed under politics economics news mortgage settlement Obama banks Republicans the elite crimes of elite crimes of the elite coverups

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Why Ron Paul Can Win

Thursday, December 22, 2011 – by James Jaeger

The term “spoiler” is a derogatory term that was dreamt up by statists in the Democratic and Republican parties in order to sucker the public into continuously voting for no one outside the Establishment. In other words, if you vote your conscience, YOU are a “spoiler.” If you run on principles of your conscience and take votes away from an Establishment candidate, YOU are also a “spoiler.”

Thus, since Ron Paul votes his conscience, since he rejects certain aspects of the Establishment − such as theFederal Reserve's abuse of the monetary system and its financing of the welfare-warfare empire we have now become − there is no way apparatchiks in the GOP will nominate Dr. Paul no matter what WE THE PEOPLE want.

And to this end, lackey pundits in the CFR-dominated, mainstream media continuously chant that Ron Paul has “no chance to get the Republican nomination.” They spew this so often, it’s obvious they don’t believe their own lies.

But here’s the joker: Ron Paul does not even need the GOP to win the general election. If he were to walk away for a third party, he would take at least 12% of the Republican vote with him. He would also take another 15% from the Independents and at least 11% from the Democrats. This would give him 38% − enough of the vote to win the Presidency in a three-man race.

GOP strategists know all this and this is why you will never hear them utter these statistics in the mainstream media. If the public were to become too “hopeful” − if they were to understand the mathematics of the situation − even more people would vote for Ron Paul if for no other reason than to be on the winner’s bandwagon.

So, the GOP has some serious choices to make.

Either they morph into a small-government party and support the Ron Paul Revolution of “getting back to the Constitution,” or they risk losing their power to a new political party. And a new political party would not only mean the demise of the Republican party, but the Democratic party as well.

Since the Democratic Party AND the Republican Party are BOTH the parties of BIG government, a new political party of SMALL government would reveal to the public − more than ever − what the two mainstream parties have become.

The two mainstream parties − the Democrats and Republicans − have become, in essence, two departments of the same police state. They are the same political party, in effect: growing the government ever larger and ever more militaristic, both domestically and internationally. The PATRIOT Act expands the police state domestically, and theUNIMF, WTO, NAFTA, GATT and NATO −which they BOTH continuously and blindly support − expand the police state internationally.

Due to serious abridgments of the US Constitution and principles stated in the Declaration of Independence, the United States are now run by a dictating oligarchy known as the UNITED STATES. And this dictating oligarchy is dominated by cultural Marxists and corporate fascists who have hijacked the Democratic and Republican parties, respectively.

The “DemoPublicans” have established the Department of Homeland Security for the purpose of administering their police state and the PATRIOT Act has become their new Constitution.

If you accept the idea that the Democrats and Republicans (again the “DemoPublicans”) have become two departments of the same police state − two wings of the same ugly bird − you will have to accept that ultimately it does not matter whether a Democrat or Republican is elected to the presidency. It does not matter if Obama or Romney is elected president. Establishment politicians in either of these “two” parties will continue to use the Federal Reserve System to monetize debt (print money out of thin air) and use this fraudulent “fiat” currency to build their welfare-warfare state.

WE THE PEOPLE are fed up with many other things, but both the “Right” and the “Left” can agree with much of what Ron Paul offers, because his principles are American principles, and American principles are Constitutional Principles which accommodate both liberals and conservatives, Left or Right.

So don’t let CFR-infested, Establishment propaganda spewed through the mainstream media or the DemoPublican police state dissuade you from voting for Ron Paul, whether he stays on the GOP ticket, goes Independent or starts a new party.

It is vital that all Americans stay true to their conscience, NOT their political parties. Remember, the US Constitution does not even mention political parties. In fact, many of the Founders warned us against them; they called them “factions” and said that membership in them is dangerous to a democratic form of government. They warned us to stay away from entrenched political parties − such as the Democrats and Republicans − because entrenched political parties are only one step away from dictatorships.

It is not too late to act. Vote out the incumbent congressmen and vote in Ron Paul no matter what scare tactics the pundits on CNN, FOX News or MSNBC attempt to use on you. Ron Paul CAN get 38% of the vote and win the presidency. This is not an opinion; it’s mathematical fact.

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Filed under politics editorial political parties party system Democrats Republicans Demopublicans Republicrats Ron Paul 2012 Independent Independents

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Obama Finally Seizes the Moment in His Kansas Speech


“The Occupy Wall Streeters, whether they bathe or don’t bathe or drum or don’t drum, articulated it first. A strong majority of Americans is fed up with stagnation, with inequality, with the unfairness of the economic system. The minority—the Tea Party, Wall Street, and its paid agents in the GOP—are vocal and powerful. But the majority’s views are clear. The time has finally come to change the political economy.”

Our columnist Michael Tomasky writes how Obama is setting the stage for a national showdown with the GOP over the middle class. Game on. (via newsweek)

Filed under politics election 2012 Democrats Republicans Obams middle class economy

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Jon Stewart chides the Republican base


“You wanna add another candidate? It’s like the Republican primary is like a season of American Idol in reverse, where every week, you just add another idiot. …First you guys wanted (Michele) Bachmann, then (Rick) Perry — now (Chris) Christie? You know what, Republican base? Meet me at camera three! (To camera three.) Have you ever considered the possibility that maybe your candidates aren’t the problem — maybe it’s you? You’re hard to please or figure out! You’re unrealistic! I mean, you’re pro-life, yet — (rolls tape of GOP members applauding Texas’s death penalty) — what was that? You’re afraid of ‘death panels,’ yet for uninsured coma patients — (rolls tape of GOP members shouting ‘YEAH!!!’ when Ron Paul was asked if a patient without health insurance should be allowed to die) — that’s the crowd: ‘YEAH!!!’ You guys ‘support the troops’ — well except for Captain Creatine over here (rolls tape of gay U.S. Army soldier who asked GOP candidates if they’d repeal DADT — and was booed by GOP debate crowd). It’s like the Republican base is at war with its own talking points: ‘I want someone who’s gonna cut taxes — and balance the budget! Someone who’s a skilled orator — that doesn’t talk all fancy! The child of poor immigrants — who will build a fence to keep them out of this country! Someone who’s strong enough for a man — but Ph-balanced for a woman! …It’s like your ideal candidate is a rare, super-heavy element that can only exist in a particular particle accelerator. And even then, only for a fraction of a second. Before you all remember how much you hate science. You guys need to take a long, hard look in the mirror, and not come away thinking ‘Hey, there’s something wrong with this mirror.’”

JON STEWART, on media-fed rumors that New Jersey governor Chris Christie may enter the GOP presidential race — as well as the hypocritical sentiments of the Republican party — on The Daily Show

Filed under gop politics republicans Jon Stewart campaign 2012 political satire

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