-
excabuckeye ●
- 5 stars Rating: 84
1484 votes total - (1082)
- 28 months
- Send Message
- Follow User
- Ignore User
- 5 stars
-
excabuckeye said...
"Super excellent" (sorry, Seattlebuckfan) lead editorial was in this past Wednesday's WSJ about the way POTUS has basically put his entire agenda on hiatus, at least until he secures re-election. Why should we be surprised? We've seen him flip-flop on issues of extension of tax cuts and national defense/national security by adopting W's policies, and common sense states when you're in over your head you should stop digging. To me there are two things going on here - first he's recognizing the impotence of his major initiatives, and second, he's pragmatic and doesn't want to be a one-term president. Would be curious to know what our left-leaning friends think about all this, as there's been increasing angst from big-money liberal donors about how easily he's abandoned them and the platform they thought they'd bought and paid for. My favorite line from the editorial: "But then, 9.1% joblessness and 1.8% growth have a way of concentrating the political mind." We'd be in a much better place if he'd extend the hiatus to himself, and not just his agenda....
http://online.wsj.com/article/SB10001424052702303848104576385620186823528.html?KEYWORDS=obama+hiatus
The Obama Hiatus - The Administration takes a two-year holiday from its own agenda..
President Obama's re-election machine is already running full bore, but has his entire Administration also decamped for the campaign trail? We ask because the towering ambitions of Mr. Obama's first two years have suddenly gone into abeyance in his third, apparently to be deferred until years five through eight. The White House is more or less conceding that it doesn't have a chance of winning a second term unless his major policies go on hiatus.
This holiday from committing liberal history began in December with the White House-GOP deal that extended the Bush tax rates through the 2012 election and added a payroll tax cut on employees to 4.2% from 6.2%. These proposals came from the same Democrats who only months earlier had increased payroll taxes to finance their health-care bill and routinely claim that tax rates don't matter to the private economy. But then, 9.1% joblessness and 1.8% growth have a way of concentrating the political mind.
Next came the much-ballyhooed White House scrub for "excessive" regulation, even as hundreds of new rules mandated by the legislation of the first two years continue to be written and to slow business investment. But at least the rule review persuaded the Environmental Protection Agency to stop treating dairy farm milk spills as if they were Gulf oil leaks. That should help next year in Wisconsin.
Picking up the vacation pace, this week the EPA delayed by two months the carbon regulations that it wants to impose, even as it resists bipartisan attempts on Capitol Hill to kill them altogether. Next up may be a delay in pending regulations meant to harm coal-fired power, before opponents gather enough votes to kill them. The EPA has already yanked an entire rule that would have forced thousands of businesses to install new industrial boilers.
Maybe the White House should short-circuit all this by dispatching EPA administrator Lisa Jackson to an undisclosed location through November 2012.
Also this week, the Commodity Futures Trading Commission voted—five to zero—to delay by six months the derivatives swap rules that were due this month under the Dodd-Frank financial re-regulation. The alphabet soup of financial regulators will eventually add tens of thousands of pages to the Federal Register, but for now they are conceding that the derivatives market isn't the calamity they claimed it was in the rush to pass the bill.
Then there's health care. Over the last year, the Health and Human Services Department has granted at least 1,372 temporary waivers to ObamaCare mandates, most notably for price controls on private insurance companies. Many have gone to Democratic allies like unions, but many more went to ordinary businesses and even states. HHS has already given a pass to Nevada, New Hampshire and Maine, and another dozen or so have applied or are expected to ask for exemptions.
This is less political favoritism than a panicked, ad hoc bid to minimize pre-election insurance disruptions that can be attributed to a law that is still widely reviled. If the law isn't enforced, maybe voters will forget it passed. In its New Hampshire reprieve, HHS admitted that ObamaCare would "destabilize the individual market," though it neglected to mention that this is what ObamaCare is meant to do. Just not yet.
By the way, this waiver process isn't in the law's statutory language. HHS has simply created it via regulation. In other words, the health bureaucracy knew the rules they were writing would be destructive and have created a political safety valve. They have even found a way to override ObamaCare's cuts to the Medicare Advantage program that were counted as "savings" to make the health bill look less spendthrift. Medicare Advantage offers insurance choices to one in four seniors and is popular in, well, Florida, so seniors also get a two-year reprieve.
Why aren't liberals deploring this betrayal of their programs? Perhaps because even they can't ignore reality forever. Mr. Obama's epic fiscal binge, waves of new industrial policy and the political allocation of credit haven't created the boom they promised. If business can now be persuaded that the government assault is over and start to invest again so the economy improves enough for Mr. Obama to win a second term, then a two-year delay in fulfilling their dreams is well worth it.
Liberals figure that as long as Mr. Obama can be re-elected next year on another hope-and-change platform, it will be too late to hope to change anything and he can then return to his legacy project of building a tax and entitlement state on the European model. The economy may benefit from Mr. Obama's temporary amnesty, but the real lesson of this hiatus from liberalism is that it should be shut down permanently.
GO PACK GO!!!!! Go Brew Crew!!!!
Seattlebuckfan
- 4 stars Rating: 80
2623 votes total - (1459)
- 28 months
- Send Message
- Follow User
- Ignore User
- 4 stars
-
Seattlebuckfan said...
Progressives Break Up With Obama..... This is just one of many articles over the last several months.... so the WSJ is dead wrong... this is a huge topic at the Netroots convention.... and Obama will not be getting my vote...
Buckeye Warrior
- 4 stars Rating: 78
15043 votes total - (14241)
- 28 months
- Send Message
- Follow User
- Ignore User
- 4 stars
-
Seattlebuckfan
- 4 stars Rating: 80
2623 votes total - (1459)
- 28 months
- Send Message
- Follow User
- Ignore User
- 4 stars
-
Buckeye Warrior
- 4 stars Rating: 78
15043 votes total - (14241)
- 28 months
- Send Message
- Follow User
- Ignore User
- 4 stars
-
excabuckeye said...
'Super excellent' (sorry, Seattlebuckfan) lead editorial was in this past Wednesday's WSJ about the way POTUS has basically put his entire agenda on hiatus, at least until he secures re-election. Why should we be surprised? We've seen him flip-flop on issues of extension of tax cuts and national defense/national security by adopting W's policies, and common sense states when you're in over your head you should stop digging. To me there are two things going on here - first he's recognizing the impotence of his major initiatives, and second, he's pragmatic and doesn't want to be a one-term president. Would be curious to know what our left-leaning friends think about all this, as there's been increasing angst from big-money liberal donors about how easily he's abandoned them and the platform they thought they'd bought and paid for. My favorite line from the editorial: 'But then, 9.1% joblessness and 1.8% growth have a way of concentrating the political mind.' We'd be in a much better place if he'd extend the hiatus to himself, and not just his agenda....
http://online.wsj.com/article/SB10001424052702303848104576385620186823528.html?KEYWORDS=obama+hiatus
The Obama Hiatus - The Administration takes a two-year holiday from its own agenda..
President Obama's re-election machine is already running full bore, but has his entire Administration also decamped for the campaign trail? We ask because the towering ambitions of Mr. Obama's first two years have suddenly gone into abeyance in his third, apparently to be deferred until years five through eight. The White House is more or less conceding that it doesn't have a chance of winning a second term unless his major policies go on hiatus.
This holiday from committing liberal history began in December with the White House-GOP deal that extended the Bush tax rates through the 2012 election and added a payroll tax cut on employees to 4.2% from 6.2%. These proposals came from the same Democrats who only months earlier had increased payroll taxes to finance their health-care bill and routinely claim that tax rates don't matter to the private economy. But then, 9.1% joblessness and 1.8% growth have a way of concentrating the political mind.
Next came the much-ballyhooed White House scrub for 'excessive' regulation, even as hundreds of new rules mandated by the legislation of the first two years continue to be written and to slow business investment. But at least the rule review persuaded the Environmental Protection Agency to stop treating dairy farm milk spills as if they were Gulf oil leaks. That should help next year in Wisconsin.
Picking up the vacation pace, this week the EPA delayed by two months the carbon regulations that it wants to impose, even as it resists bipartisan attempts on Capitol Hill to kill them altogether. Next up may be a delay in pending regulations meant to harm coal-fired power, before opponents gather enough votes to kill them. The EPA has already yanked an entire rule that would have forced thousands of businesses to install new industrial boilers.
Maybe the White House should short-circuit all this by dispatching EPA administrator Lisa Jackson to an undisclosed location through November 2012.
Also this week, the Commodity Futures Trading Commission voted—five to zero—to delay by six months the derivatives swap rules that were due this month under the Dodd-Frank financial re-regulation. The alphabet soup of financial regulators will eventually add tens of thousands of pages to the Federal Register, but for now they are conceding that the derivatives market isn't the calamity they claimed it was in the rush to pass the bill.
Then there's health care. Over the last year, the Health and Human Services Department has granted at least 1,372 temporary waivers to ObamaCare mandates, most notably for price controls on private insurance companies. Many have gone to Democratic allies like unions, but many more went to ordinary businesses and even states. HHS has already given a pass to Nevada, New Hampshire and Maine, and another dozen or so have applied or are expected to ask for exemptions.
This is less political favoritism than a panicked, ad hoc bid to minimize pre-election insurance disruptions that can be attributed to a law that is still widely reviled. If the law isn't enforced, maybe voters will forget it passed. In its New Hampshire reprieve, HHS admitted that ObamaCare would 'destabilize the individual market,' though it neglected to mention that this is what ObamaCare is meant to do. Just not yet.
By the way, this waiver process isn't in the law's statutory language. HHS has simply created it via regulation. In other words, the health bureaucracy knew the rules they were writing would be destructive and have created a political safety valve. They have even found a way to override ObamaCare's cuts to the Medicare Advantage program that were counted as 'savings' to make the health bill look less spendthrift. Medicare Advantage offers insurance choices to one in four seniors and is popular in, well, Florida, so seniors also get a two-year reprieve.
Why aren't liberals deploring this betrayal of their programs? Perhaps because even they can't ignore reality forever. Mr. Obama's epic fiscal binge, waves of new industrial policy and the political allocation of credit haven't created the boom they promised. If business can now be persuaded that the government assault is over and start to invest again so the economy improves enough for Mr. Obama to win a second term, then a two-year delay in fulfilling their dreams is well worth it.
Liberals figure that as long as Mr. Obama can be re-elected next year on another hope-and-change platform, it will be too late to hope to change anything and he can then return to his legacy project of building a tax and entitlement state on the European model. The economy may benefit from Mr. Obama's temporary amnesty, but the real lesson of this hiatus from liberalism is that it should be shut down permanently.
-
excabuckeye ●
- 5 stars Rating: 84
1484 votes total - (1082)
- 28 months
- Send Message
- Follow User
- Ignore User
- 5 stars
-
excabuckeye said...
You're not as smart as you think you are, so I'll humor you by answering your question. Dow Jones & Company, a division of News Corp. publishes the Wall Street Journal, and News Corp. is 85% owned by 485 different institutional investors, according to its latest quarterly release. The WSJ has been around since 1889 and is the number one newspaper in the US, which just might have something to do with its credibility and professionalism. Alas, News Corp. also owns Fox, but maybe you believe Fox News controls what's published in the WSJ? Please. I suppose only stories that come from media outlets George Soros controls are credible?
Maybe this editiorial written after News Corp bought the WSJ in 2007 will enlighten you, as well.
http://online.wsj.com/article/SB118592457581183994.html
GO PACK GO!!!!! Go Brew Crew!!!!
Seattlebuckfan
- 4 stars Rating: 80
2623 votes total - (1459)
- 28 months
- Send Message
- Follow User
- Ignore User
- 4 stars
-
excabuckeye said...
You're not as smart as you think you are, so I'll humor you by answering your question. Dow Jones & Company, a division of News Corp. publishes the Wall Street Journal, and News Corp. is 85% owned by 485 different institutional investors, according to its latest quarterly release. The WSJ has been around since 1889 and is the number one newspaper in the US, which just might have something to do with its credibility and professionalism. Alas, News Corp. also owns Fox, but maybe you believe Fox News controls what's published in the WSJ? Please. I suppose only stories that come from media outlets George Soros controls are credible?
Maybe this editiorial written after News Corp bought the WSJ in 2007 will enlighten you, as well.
http://online.wsj.com/article/SB118592457581183994.html
Though often asked, God does not take sides in politics or college football.
-
Seattlebuckfan
- 4 stars Rating: 80
2623 votes total - (1459)
- 28 months
- Send Message
- Follow User
- Ignore User
- 4 stars
-
TimMcM said...
And you might not be as smart as you think you are. Your " News Corp. is 85% owned by 485 different institutional investors," is true but really misleading. It is disingenuous at best, just misdirection at worse.
Afraid to print the real truth about News Corp? News Corp is Rupert Murdoch's company and as Chairman & Chief Executive Officer he calls all of the shots. It is true that he only owns 12% of the stock but: "How can Murdoch do this stuff with only about a 12% stake in a giant public company? It's because only about 30% of News Corp.'s shares have voting power, and Rupert Murdoch and a family trust own 40% of them. And it's because he's Rupert Murdoch, known as a dominating personality." http://finance.fortune.cnn.com/2011/02/24/missing-from-murdochs-family-deals-news-corp-shareholders/
Murdoch has another 15% to 20% of the voting stock in his back pocket and has three children who happen to be on the Board of Directors. Anyone who really understands how corporations work would have known that this company, which was founded by Murdoch, is his.
"You're only young once, but you can always be immature."
excabuckeye ●
- 5 stars Rating: 84
1484 votes total - (1082)
- 28 months
- Send Message
- Follow User
- Ignore User
- 5 stars
-
Seattlebuckfan said...
What's the diff when the entire premise of the article is blatantly false???.... as I said from Netroots nation and before... Libs and progressives have been both aware and fed up with Obama's lip service... so the article is just yammering... They have been plenty vocal about their displeasure and I have C&P'd some of those articles here...
"You're only young once, but you can always be immature."
excabuckeye ●
- 5 stars Rating: 84
1484 votes total - (1082)
- 28 months
- Send Message
- Follow User
- Ignore User
- 5 stars
-
Seattlebuckfan
- 4 stars Rating: 80
2623 votes total - (1459)
- 28 months
- Send Message
- Follow User
- Ignore User
- 4 stars
-
TimMcM said...
And you might not be as smart as you think you are. Your " News Corp. is 85% owned by 485 different institutional investors," is true but really misleading. It is disingenuous at best, just misdirection at worse.
Afraid to print the real truth about News Corp? News Corp is Rupert Murdoch's company and as Chairman & Chief Executive Officer he calls all of the shots. It is true that he only owns 12% of the stock but: "How can Murdoch do this stuff with only about a 12% stake in a giant public company? It's because only about 30% of News Corp.'s shares have voting power, and Rupert Murdoch and a family trust own 40% of them. And it's because he's Rupert Murdoch, known as a dominating personality." http://finance.fortune.cnn.com/2011/02/24/missing-from-murdochs-family-deals-news-corp-shareholders/
Murdoch has another 15% to 20% of the voting stock in his back pocket and has three children who happen to be on the Board of Directors. Anyone who really understands how corporations work would have known that this company, which was founded by Murdoch, is his.
Buckeye Warrior
- 4 stars Rating: 78
15043 votes total - (14241)
- 28 months
- Send Message
- Follow User
- Ignore User
- 4 stars
-
Buckeye Warrior
- 4 stars Rating: 78
15043 votes total - (14241)
- 28 months
- Send Message
- Follow User
- Ignore User
- 4 stars
-
roxannereggie ●
- 4 stars Rating: 74
803 votes total - (806)
- 28 months
- Send Message
- Follow User
- Ignore User
- 4 stars
-
mtnbuck said...
My point is that a vote for "green" candidate is a vote for a republican.
If the 97,000 some odd people that voted for Nader in Florida had voted for Gore, Gore would have won the Election. It is my opinion that the world would have been a much different (better) place without GWB as president.
I am sure, that at the time many of these Nader voters, thought they were making a "statement", or where disappointed in some way. I wonder how they feel now?
All of us are somewhat disappointed in some of the things that Obama has done. Lets not make it an easier road for the likes of Romney or Gingrich. Maybe Obama will grow a pair in his second term, we can only hope.
GO PACK GO!!!!! Go Brew Crew!!!!
Seattlebuckfan
- 4 stars Rating: 80
2623 votes total - (1459)
- 28 months
- Send Message
- Follow User
- Ignore User
- 4 stars
- Post a New Topic
- Back to Topics
- « Previous Topic
- Next Topic »
- Boards ▾
- Pages: 1 | 2 | 3 | 4





Obama Abandons His Own Agenda