How long does it have to be? I realize there is a lot going on, but listening to Obama go on for 70 minutes is only slightly more annoying that listening to W for 70 minutes. I really don’t understand how anyone can think, he gives good speeches.

  • Alito is my hero. Some are calling it a Joe “You Lie” Wilson moment. I think the comparison is true. Wilson was exonerated when the CRS acknowledged that Wilson’s charge had merit. Alito’s comment also has merit. Obama was/is erecting a Strawman, when he says the decision will “open the flood gates.” And I may add, Obama is dabbling in that liberal hypocrisy, when he talks about doing away with the influence of lobbyists in Washington.I have another post in the works on what the Citizens United case means to me.
  • Obama got caught in one paragraph saying how well small businesses were doing, in relation to recovery. Then a full minute later, contradicts himself by saying how in peril they are unless they get government subsidized loans. So which is it? Here the Administration is in a catch-22. The Fed is paying interest in all those reserves the banks are holding. The banks are making more money off Fed interest payments than loaning the money out to the public. It’s a no brainer why they are not making loans. The Administration also knows, how dangerous a situation that causes. As soon as the banks start making loans, all that shiny new cash that was created out of thin air, will go into circulation, causing massive inflation. So the fix is easy, demagogue the banks for the position that the Government forced on them meanwhile talk about a Jobs Bill that will do nothing to help unemployment (unless your a government worker).
  • The Spending Freeze sounds like a good idea. The road to Hell is paved with good intentions. The AP fact checked (maybe they realized something from those trusting Fox numbers);

The anticipated savings from this proposal would amount to less than 1 percent of the deficit — and that’s if the president can persuade Congress to go along.

Obama is a convert to the cause of broad spending freezes. In the presidential campaign, he criticized Republican opponent John McCain for suggesting one. “The problem with a spending freeze is you’re using a hatchet where you need a scalpel,” he said a month before the election. Now, Obama wants domestic spending held steady in most areas where the government can control year-to-year costs. The proposal is similar to McCain’s.

  • Obama attacked the good ole Strawman, Lobbyists, yet again. And again the AP notices: “Obama has limited the hiring of lobbyists for administration jobs, but the ban isn’t absolute; seven waivers from the ban have been granted to White House officials alone.”
  • Obama’s “saved or created” 2 million jobs is hogwash. There is no way to measure a saved job. Numerous news organizations have taken issues with that metric. Yet, that doesn’t deter the One from keep on making that claim ad nauseum.
  • Obama is pushing for a college tax credit and debt forgiveness. That has to be the worst idea I’ve ever heard of. Not only will it increase tuition around the country, but rate of grade inflation, which is already high, will go sky high! It will be the a Wiemar type of grade inflation. Soon people won’t be able to work at McDonald’s without a Bachelors and good like finding a decent job with only a Masters. Although it sounds like he has good intentions.

Peter Schiff does a good job explaining everything as well.

  1. yttik
    January 29, 2010 at 08:42

    There were so many things wrong with that speech, I wouldn’t even know where to begin. What jumped out at me the most was the number of contradictions. He wants a spending freeze and a new jobs bill. You can’t spend money and not spend money at the same time.

    Something else I noticed is how many of Palin’s phrases and buzzwords he included in his speech. Somebody has been reading her book. He talked about “common sense” and “business as usual.” The problem was he simply took phrases that she uses without connecting them to his job at hand. For example he talked about earmarks and striking them line by line. But the president doesn’t have line item veto power!

    He also talked about how our Constitution says all people are created equal, but actually no, that’s our Declaration of Independence. He went on to talk about how Congress must right the wrong that the Supreme Court did, but that’s not how the system of checks and balances works. Congress does not over rule the SC, the SC rules whether or not something Congress did is Constitutional. All Congress can do at this point is try to write another bill that conforms with the Constitution better.

    • January 29, 2010 at 14:21

      It will be a call to push more liberal justices on the bench. Obviously concepts like Freedom of Speech have changed in the last 200+ years right? Like I said, it’s a stupid argument anyway. Corporations have been giving money to politicians since, Grecian times! The new ruling will actually make it more transperant than it is now. I think that’s what Obama and some of those on Capital Hill fear. Both GOP and Democrats have been on the take for years, heaven forbid they have to disclose some of those funds now. Remember Obama has and will never release his donor list from the 2008 election. How many foreign corporate interests gave the maximum?

  2. Woodhull
    January 29, 2010 at 10:20

    yttik: The “business as usual” was bo’s worn out stump speech redux. The whole thing sounded like an attempt to hit the reset button but to replay the same 2009 tape. I’m very cynical about bo and what he is trying to pull off, pull over, citizens. He tried to sound all folksy and “common sense-ical”, but it didn’t work for me. At some point he’s going to have to say, either for himself or for all of America, “This is gonna hurt.”

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