The Case for Barack Obama

I must admit Kool Aid is better than watermelon, fried chicken, and ribs. Don't think for a moment however, that no one understands its underlying connotations. Never once (except after this blog maybe) has ANYONE drank McCain's Kool Aid. Is it past its expiration date?

Who "Joe the plumber" may be is not the issue, though it's easy to see why the Dems want it to be. That's because the real issue is what Obama's comments to him revealed about Obama. In the exchange with "Joe the plumber" we find out that Obama really is as radical as his early political acquaintances, Davis, Ayers, Wright, etc., and that he is into the failed economic policy of wealth redistribution. Obama's tax and spending plans alone would be bad enough, but add Reid and Pelosi to the mix, with the three of them controlling both houses of Congress and the executive branch without any effective restraint, and you have something that should causes concern even among moderate Democrats.
See Wall Street Journal: A Liberal Supermajority:

http://online.wsj.com/article/SB122420205889842989.html

And whether McCain won or lost the third debate is also not relevant. He succeeded in the first half hour to plant the seeds of a Reagan style wipeout. Reputable historians and economists overwhelmingly agree that the taxation imposed by Hoover and FDR, and the "stimulus" spending and public works programs of FDR, actually deepened and prolonged the Great Depression. It was the production demands of WWII that got the economy going again. And when the war was over, the economy promptly went into recession.

See e.g. http://www.cbsnews.com/stories/2008/10/03/opinion/main4499465.shtml
And
http://newsroom.ucla.edu/portal/ucla/FDR-s-Policies-Prolonged-Depression-5409.aspx

Point is, Obama's programs are tax, and it does not really matter who he taxes, those taxes are going to be passed through the economy. He has to tax, because it is they only way he can pay for his massive social engineering experiments. Any first year economics student knows that taxation is a tool used to contract an economy experiencing inflation, because it reduces demand by reducing the amount of money individuals and businesses have to spend. It is contractionary, which is exactly what you do not want to do when the problem is that the economy is contracting already into recession. Like Hoover and FDR, Obama's plans will only make it worse for longer.

Look and listen for yourself. Hear Obama in his own words discusses his links to both ACORN and the mortgage meltdown, and praises bundling and securitizing mortgages by banks as a means to float loans to the poor. Never mind the link commentators point of view, just listen to what Obama says in his own words. A picture is worth a thousand words. Maybe more in the case of the last half of the second link.

http://www.youtube.com/watch?v=8vJcVgJhNaU

http://www.youtube.com/watch?v=Lr1M1T2Y314&feature=related

See also:
http://boards.msn.com/MSNBCboards/thread.aspx?threadid=808692&boardsparam=Page%3d2

This is a link to C-SPAN video clips of the Congressional hearings at roughly the time McCains attempt at S.190. to fix Fannie and Freddie. See for yourself who said what.

http://www.youtube.com/watch?v=_MGT_cSi7Rs

The link below contains a purported list of the top 25 in Congress who got contributions from the folks at Fannie and Freddie. Obama is listed third, after Dodd and Kerry, even though Obama is just a junior Senator. Obama is followed next by Clinton. Barney Frank and Nancy Pelosi are on the list as well.

http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918

And the link below describes how some Democrats in Congress tried to use the original version of the bailout bill to divert money eventually recovered to groups like ACORN, a group Obama has a long association with. See:

http://online.wsj.com/article/SB122247015469280723.html?mod=googlenews_wsj

Smear, Smear, Smear. I'm amazed that the same people that state Obama will socialize heathcare mssed everytime Barack looked in the camera and said if you HAVE healthcare, KEEP IT. Under a socialist society you would not have this freedom.

McCain is the wrong man for this job. Palin is the wrong woman for this job. Obama, yes, Biden, yes. I'm looking for intelligence, steadiness, and someone who can work with the rest of the world, not offend it as Bush and Cheney did, and as no doubt McCain and Palin will. For anyone who still wants an angry idiot as president...you just did not learn anything in the last 8 years. Obama/Biden '08

McCain is the wrong man for this job. Palin is the wrong woman for this job. Obama, yes, Biden, yes. I'm looking for intelligence, steadiness, and someone who can work with the rest of the world, not offend it as Bush and Cheney did, and as no doubt McCain and Palin will. For anyone who still wants an angry idiot as president...you just did not learn anything in the last 8 years. Obama/Biden '08

Obama has been even keeled in large part due to the fact that the press, including you, have failed to press him on any issue or taken even a moment to investigate his past. Obama cruises through know that the press, including you, have his back. It is ironic that we now know more about "Joe the Plumber" than Obama. I agree with Biden that Obama will be tested by a terrorist group or Iran or Russia in the first six months of his Presidency. I also agree with Biden's implicit statement that American's will not be pleased with his performance. Essentailly, Obama will be found wanting. His economic plan is a disaster and we will learn for how many years Obama can blame Bush for Obama's failings. We are about to go through a rough period, likely worst than any since the great depression and our mettle is going to be tested.

Mr Zakaria-

Telling us that you are an Obama supporter as though you have left any question about your political leanings is beyond funny. We know, Fareed, we know. That is why Newsweek keeps getting thinner and thinner. With fewer and fewer readers. Try making your points without hiding behind the pretense of objectivity.

Trickle down economics no longer works in today's business environment. It may have been valid in Reagan's time but it is stale now. It would only work if we live in a closed economic society and the wealthy re-invested in the US. Today, the wealthy who save money through tax cuts are more likely to invest overseas. The money is "trickling down" to workers in China.

Mr. Zakaria,

Telling us that you are an Obama supporter is a waste of ink. We know. We know.

That's why I think it is a joke that Obama is getting a boost from this whole economic crisis. This guy is more slippery than Teflon Don! Nothing sticks! When you have unlimited resources from multi Billionaires like George soros that can buy the media for you, you can get away with murder because nobody will ever know about it! George Soros finally found a candidate that could be bought. A guy with no qualifications but with an excessive ego who actually thinks it's all about him when he is only a pawn in Soro's game to play God with the whole world and shape it to his whim! Do you know how the Obama camp is going to get more votes on election day? His task force is going to go into poor neighborhoods offering cigarettes, money and maybe even drugs to street thugs in exchange for their votes. Colin Powell is talking about his endorsement of Obama because of his "steadiness". When you are confident that the election is bought and payed for of course you are going to be "steady", whatever that means. He does not have to prove himself or do much work like he demonstrated in the last debate!

NOBoma - teh God of Crackhead Welfare. The Robbing Hood that steals from the deligent and gives to the lazy. Via the U.S. of France!!!!!!

Watch out for the murky tax cut NOboma keeps talking about. After Bush tax cut expires in 2010, the tax goes back to Clinton rates (that marked the largest increase in US history). Zeus may give us a break from that rate - but your taxes will increase over what you paid for the last eight years (by alot).

Under NOboma small business get a tax break that will create alot of jobs like hamburger flippers and secretarys. So you can replace the $75,000 job you lost when NOboma overburdeneds the private sector.

Top 5% of tax returners pay 60% of all the tax. I hope these people move their busness to another country because the incentive is not there any more. Good for crack heads
The NObomer model is socialist France - a now non-entity.

NOboma is in so deep with that he'll need to print money to payoff all his special interest groups. A la Carter - inflation, raising unemployment, double digit interest rates (because of dempocrapic fannie mae (lets put every crackhead in a house)government Frankenstein.

Thats right! Four years of fingerpointing and distaster -and you better hope that NOboma doesnt get a 9/11 thrown in because he will fall down badly - Worse than Carter.

Anybody who would pick political science major (memorizer) over a fighter pilot is a tard. Go ahead lazy people, vote your God of welfare
because, under Nobomer, if the you have a SS card you they get a free check so you can buy more crack. Thats right! Reward the lazy and punish the deligent.

PS. NOboma would be rejected by the FBI
if he applied as an agent because of his past associations. This means that he couldn't make the cut as a Secret Service Agent to protect the President!

Sadly, you don't comment on the differences between the two candidates when it comes to free trade. Even you seem at this moment to be more interested in "siding with the winner" than going into what you have earlier warned about, - when you warned about the worlds reaction to the protectionist policies that Democrats in Congress, and not the least Obama, is advocating. Sorry, this is not good enough.