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The Manipulator-Fearmonger-Deceiver in Chief

This is something many of us predicted. All of a sudden Obama declares the economy is not as dire as feared. I just thought he would wait long enough to believably give credit to the stimulus bill.

Confronting misgivings, even in his own party, President Barack Obama mounted a stout defense of his blueprint to overhaul the economy Thursday, declaring the national crisis is "not as bad as we think" and his plans will speed recovery.

Challenged to provide encouragement as the nation's "confidence builder in chief," Obama said Americans shouldn't be whipsawed by bursts of either bad or good news and he was "highly optimistic" about the long term.

The president's proposals for major health care, energy and education changes in the midst of economic hard times faced skepticism from both Democrats and Republicans on Capitol Hill, as senators questioned his budget outlook and the deficits it envisions in the middle of the next decade.

But Obama, speaking to top executives of the Business Roundtable, expressed an optimistic vision and called for patience.

Richard Parsons, chairman of beleaguered Citigroup Inc., asked if Obama could offer some help in a national battle "between confidence and fear."

"A smidgen of good news and suddenly everything is doing great. A little bit of bad news and ooohh , we're down on the dumps," Obama said. "And I am obviously an object of this constantly varying assessment. I am the object in chief of this varying assessment."

"I don't think things are ever as good as they say, or ever as bad as they say," Obama added. "Things two years ago were not as good as we thought because there were a lot of underlying weaknesses in the economy. They're not as bad as we think they are now."

So after declaring a catastrophe that we might never be able to recover from, and driving the market down to basement levels, and scaring the public into swallowing a record spendulus bill that will cost their children and grandchildren dearly and accepting government takeover of additional parts of the private sector he gets all Emily Litella on us. "Never mind."

Most of us knew exactly what was going on. He talked down the economy and talked up the crisis for several reasons:

-- to create an atmosphere that would allow the spendulus bill to be passed

-- to build up the crisis to fever pitch so that it could fully be taken advantage of in an effort to pass more big government legislation like healthcare

-- to create the impression that the economy is absolutely as bad as it could possibly be so that when any progress was seen it would be viewed as a recovery in comparison and that any recovery would be hailed as nothing short of miraculous, no matter how anemic

This strategy was calculated. It was deceitful. It was manipulative. It was opportunistic. It was un-presidential. And unless tax paying American citizens speak up it will be effective. The media that downplayed, and sometimes just completely ignored, good economic news during the Bush years, will do the opposite for the Obamessiah. I don't know if Americans will fall for it or not. I don't think the American people are that stupid, but I worry that they may be that uninformed and uninterested.

The Republicans who stood in unity and opposition to the Generational Theft Act of 2009 (aka Spendulus) are to be applauded. The three senators who drank the Obama Kool Aid can now officially be recognized as the suckers they are. And just think, the Obama administration did all this in less than two months in office and still had time to insult our closest ally. I don't even want to contemplate what might happen over the next two to four years. I guess it all depends on whether or not people realize they've been duped in time.

Update: I thought I would get a lot of comments from Obama followers questioning my theory that Obama was happy to run the economy into the ground because that way anything in comparison would look like a big improvement. Instead I got a commenter giving me a link to a blog post which proves my point better than anything I could ever say. From the blog post by "OD."

On March 3rd Obama suggested that the stocks may be undervalued right now and present a good buying opportunity. If the Republicans had only stopped whining and listening to Jim Cramer and instead listened to Obama they could've made some money:

Date S&P 500 Dow
March 3, 2008 696.33 6,726.02
March 12, 2008 750.74 7,170.06


If only they listened, the Republicans could've been 6% richer based on the Dow or almost 8% based on the S&P.

Where is the Republican whining now ?

I am not familiar with this blog, but I think the post was intended as stated, rather than as satire or parody. I am not surprised by it, but am surprised they are openly admitting it. So, no one should have complained when the Dow Jones Industrial went from 9635 to 6569 since November 4 when Obama was elected. That was a 32% loss, but since Obama was not yet in office we can just look at what has happened since January 20th. In less than 2 months the Dow went from 8281 to 6569 -- over a 20% loss. No one should have complained about that either though because in the past week the Dow regained some of that. When you hit rock bottom there is no place to go but up. Run the economy into the ground then tell everyone when the Dow regains a bit that they should be happy. They shouldn't complain that it went from 8281 to 7170 in two months, since it could be worse -- we could still be at 6569. Bow down at the alter of Obama and give thanks.

Update II: Falze provides the following:

"They're not as bad as we think they are now."

If he believes THAT, then why did he say THESE:

"Americans know that our economic recovery will take years -- not months." - Jan 31.

"I will tell you in terms of what is alarming right now is how fast the economy has been deteriorating...It keeps me up at night and it gets me up." - Feb 3.

"If we do not move swiftly to sign the American Recovery and Reinvestment Act into law, an economy that is already in crisis will be faced with catastrophe." - Feb 5. (what he meant was that he had to move extremely slowly to Denver to sign it)

"If we drag our feet and fail to act, this crisis will turn into a catastrophe. We'll continue to get devastating job reports like today's month after month, year after year." - Feb 6.

"And our nation will sink into a crisis that at some point we may be unable to reverse." - Feb 9.

"...this is not your ordinary, run-of-the-mill recession. We are going through the worst economic crisis since the Great Depression." - Feb 9.

"My administration inherited a deficit of over $1 trillion, but because we also inherited the most profound economic emergency since the Great Depression...Those are deficits that could turn a crisis into a catastrophe." - Feb 9. (of course he voted FOR the budgets that gave us the previous deficit and then doubled down on that deficit)

"And the fact of the matter is, is that we are in not just an ordinary recession." - Feb 10

"...the greatest economic crisis we've seen in decades." - Feb 20.

"We are in the worst financial crisis since the Great Depression..." - Oct 7.


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Comments (30)

Who were three Rethuglican ... (Below threshold)
914:

Who were three Rethuglican benedict arnolds? Was it Snowejob,vodka Collins and Arlen Spincter? If they are responsible for all this they should be publicly humiliated right here....They are Democrats! There, thats a pretty debasing thing to be called.

And I'm not holding my brea... (Below threshold)

And I'm not holding my breath waiting for a GOP officeholder to blast Obama for this.

Lorie, the best is yet to c... (Below threshold)
GarandFan:

Lorie, the best is yet to come. You can look forward to more 'gloom and doom' from Mr Optimist. He has yet to pass health care, education and energy 'reform' policies. After all, these are the "pillars" of the new society. WE MUST PASS THESE BILLS! It's an EMERGENCY! THE ECONOMY WILL FAIL LESS WENT IMPLEMENT THESE CHANGES!

Oh, and by the way, "Dissent is not patriotic" (anymore).

Obama cracks me up! ... (Below threshold)
joe:


Obama cracks me up! I've never laughed out loud because of ridiculous statements made by a president. This guy is hilarious!! I was in stitches yesterday after the "I am signing an imperfect omnibus bill...and this piece of legislation must mark the end of the old way of doing business". Classic!! And today he killed again!!! I love this!! The "crisis" "not at bad as we think"!!! That's Gold !!

I hope he visits a comedy club near me soon !!!

914"Was it Snowejob,... (Below threshold)
retired military:

914
"Was it Snowejob,vodka Collins and Arlen Spincter?"

Isnt that Clueless Collins, Spineless Spectre, and Stupid Snowe?

Obama has already lost a lo... (Below threshold)

Obama has already lost a lot of credibility. His disapproval ratinigs have risen and his approval ratings have dropped. He sends contradictory messages all the time. He can't get away with that forever.
http://www.rightklik.net/

Any bets on whether he will... (Below threshold)
retired military:

Any bets on whether he will have a full cabinet in place by say Jan?

Lori, I completely agree wi... (Below threshold)
TOhio:

Lori, I completely agree with your assessment. Obama's backtracking now is probably because big money Democrats like Buffet have gotten to him.

Obama, the three traitorous Republican Senators, Pelosi, Reid, and all the Democrats who passed the Porkulus bill should have to pay with their jobs!

You mean there really was n... (Below threshold)
epador:

You mean there really was no Withering Media Deconstruction?

. . .declaring the... (Below threshold)
Mac Lorry:
. . .declaring the national crisis is "not as bad as we think" and his plans will speed recovery.

So Obama admits the economy he inherited was not as bad as he said it was. That means it should be recovered before the 2010 elections, right? After all, Obama's tax increases go into effect in 2011 and only a complete idiot would raise taxes in a recession.

Not to rattle their cage, b... (Below threshold)
GarandFan:

Not to rattle their cage, but where are Obama's defenders on this? I'd like to hear their defense, other than "It's all Bush's fault" or "Well, remember what Bush did in 2___", or the every popular "Well the Republicans ________".

...........crickets chirping.................

Guess it's hard to defend your leader when he talks out of all sides of his mouth.

Never mind.Emily L... (Below threshold)
Aubrey:

Never mind.

Emily Litella.

Retired MilitaryYe... (Below threshold)
914:

Retired Military

Yeah them 3 stooges probably had something to do with it too.

"Unprepared to be the First... (Below threshold)
SCMtns66:

"Unprepared to be the First, RUSHING to be the Worst!"

"This strategy was calculat... (Below threshold)
mike:

"This strategy was calculated. It was deceitful. It was manipulative. It was opportunistic. It was un-presidential. And unless tax paying American citizens speak up it will be effective."

It's already worked. Unless we speak up? And say what? Accomplishing what?

Way way way way way late for all that.

Read your tea leaves baby. Bricks and bats is what it's coming down to. This will be fought out. Literally.

And whose fault is it? People like you more than any. You've got a voice and you've wasted it being nice while people of malicious character have been destroying the place for years now.

Just today Bernie Madoff go... (Below threshold)
John:

Just today Bernie Madoff got sent to jail for a ponzi scheme. I cannot help but think Obama is doing the EXACT same thing...

Maybe you should all listen... (Below threshold)
OD Author Profile Page:

Maybe you should all listened to Obama a week ago and bought some stocks.

On March 3rd he said the stocks look good to buy. Since then S&P 500 is up almost 8%. Instead, you spent a week whining, bitching, and moaning.

BTW, have you found those weapons of mass destruction in Iraq yet ?

OD, I believe you typed tha... (Below threshold)

OD, I believe you typed that wrong...you should be OT for "off topic". Or even Overt Troll. Either is fine.

No ODor the m... (Below threshold)
914:

No ODor the military already took care of that problem..But Im sure if You try really hard You can find Your tin hat and troll badge right next to Your Hamas training manual.

"They're not as bad as we t... (Below threshold)

"They're not as bad as we think they are now."

If he believes THAT, then why did he say THESE:

"Americans know that our economic recovery will take years -- not months." - Jan 31.

"I will tell you in terms of what is alarming right now is how fast the economy has been deteriorating...It keeps me up at night and it gets me up." - Feb 3.

"If we do not move swiftly to sign the American Recovery and Reinvestment Act into law, an economy that is already in crisis will be faced with catastrophe." - Feb 5. (what he meant was that he had to move extremely slowly to Denver to sign it)

"If we drag our feet and fail to act, this crisis will turn into a catastrophe. We'll continue to get devastating job reports like today's month after month, year after year." - Feb 6.

"And our nation will sink into a crisis that at some point we may be unable to reverse." - Feb 9.

"...this is not your ordinary, run-of-the-mill recession. We are going through the worst economic crisis since the Great Depression." - Feb 9.

"My administration inherited a deficit of over $1 trillion, but because we also inherited the most profound economic emergency since the Great Depression...Those are deficits that could turn a crisis into a catastrophe." - Feb 9. (of course he voted FOR the budgets that gave us the previous deficit and then doubled down on that deficit)

"And the fact of the matter is, is that we are in not just an ordinary recession." - Feb 10

"...the greatest economic crisis we've seen in decades." - Feb 20.

"We are in the worst financial crisis since the Great Depression..." - Oct 7.

I think he's run out of sides of his mouth to talk out of, personally.

Lorie, I saw you quoted me ... (Below threshold)
OD Author Profile Page:

Lorie, I saw you quoted me in your update.

For all of their lectures on free markets the Republicans fail to understand one simple fact -- the stock market fluctuates (yes, goes up and down) daily every millisecond. Several times per millisecond, in fact. There are thousands of trades happening every second 24 hours a day.

If you look at minute by minute chart then by your logic one minute Obama is ruining the economy and one minute he saving it.

It is not your rants and whining about Obama that I take an issue with, it is your complete and utter failure to understand the workings of the free markets.

Oh and one more note.... (Below threshold)
OD Author Profile Page:

Oh and one more note.

You people brought up the threat of WMD in Iraq to the fever pitch a few years ago, started a war, dumped a trillion dollars into it and killed thousands of Americans and ruined the lives of millions of Iraqis.

Please answer my question -- have you found your WMD in Iraq yet ?

re: "Please answer my quest... (Below threshold)
Hank:

re: "Please answer my question -- have you found your WMD in Iraq yet ?"

Ironically, we seem to have found one, inhabiting the White House

For all of their lecture... (Below threshold)
Clay:

For all of their lectures on free markets the Republicans fail to understand one simple fact

Oh please. There isn't more than 1 in 500 Republicans that understand free markets. Their problem is they just like to talk about 'em. So, get off Republicans and free markets.

We wouldn't be in this mess if our markets were free.

For the record, most of tho... (Below threshold)

For the record, most of those quotes I pulled from an AP release dated Feb 25.

Who exactly are "you people", troll? This is neither the time nor the place for us to roll out the piles of quotes by Democrats warning America about Saddam's WMDs.

And, have you ever heard the saying 'can't see the forest for the trees'? Because you embody it with your prattling about "millisecond" swings when people are talking about long term trends.

You people brought up th... (Below threshold)
Clay:

You people brought up the threat of WMD in Iraq to the fever pitch a few years ago, started a war, dumped a trillion dollars into it and killed thousands of Americans and ruined the lives of millions of Iraqis.

Hey. I happen to agree with you about the Iraqi war. But, while you're on your high and mighty answer me this. While reviewing the last century of war why is there no distinction between the democrats and republicans in regards to war? Why do we have over 700 military bases in 130 countries while both parties remain silent on the issue? Why did all those democrats in Congress vote for the Iraqi war? What happened to their so-called principles? And why do liberals like you not hold your party accountable?

You. You're part of the problem.

OD,I can't say you a... (Below threshold)

OD,
I can't say you aren't entertaining. So, now you claim Republicans don't know that the stock market goes up and down? Really? After I went on and on about how the market has gone down, down, down and then slightly up over the past few months, your claim now is that Republicans don't even know that the market goes up and down. Geez.

The whole point of the post is that since the market does go up and down, Obama didn't mind running it into the ground because he knew it would eventually rebound and he wanted to be able to claim credit for it.

So are only Republicans who talked about the stock market plunge "whining" or does that same description apply to all the blue collar Democrats who complained that their 401 k statements just about gave them heart attacks last month? It might come as a shock, but Republicans were not the only ones talking about it or the only ones concerned. Even Chris Matthews was freaking out and saying Obama needed to do something to stop the free fall. If you think that only Republicans are disappointed with Obama's first few months, you are in for a reality check. Warren Buffett is not the only Obama supporter with complaints about how the reality of the president is measuring up next to the promise of the candidate.

The Facillitator Fearmonger... (Below threshold)
914:

The Facillitator Fearmongering Swindler Deciever Pretender in Thief.

Well....You gotta give Him an F for trying.

Posted by OD | March 13, 2... (Below threshold)
brainy435:

Posted by OD | March 13, 2009 10:47 AM

OD, after reading this comment, please, please, PLEASE tell me you believe in global warming. You'll instantly win the Troll of the Year award, at LEAST.

GW inherited the intelligie... (Below threshold)
WildWillie:

GW inherited the intelligience about the WMD's from a democratic white house.

OD, you are without a doubt, a very challenged person. You do not make sense. ww




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