Friday, June 18, 2010

Daddy Scares Us

David Sanger illustrates in the NY Times today the exact problem with the Village and with Republicans on Obama, the oil spill, and BP.  One one hand, they complained bitterly for weeks that he hasn't done anything.  Now they are complaining that Obama's $20 billion escrow fund is dangerously close to the Imperial Presidency.

The Wall Street executives who needed the government to prop them up, but still thought their services were worth millions a year, were cast by Mr. Obama as a shameless privileged class. Toyota was described as seeking profits over safety; Wellpoint, the insurance giant, was castigated for seeking to insulate itself from the new health care legislation by taking actions that the law will soon prohibit.

Against that backdrop, forcing BP to take a $20 billion bath — even before the inevitable lawsuits are filed — seemed an easy decision. Mr. Obama had no legal basis for the demand, but concluded he did not need one. “He had a power other presidents have used — you call it jawboning,” Mr. Emanuel said.

The question is whether the cumulative effects of these actions create an impression that, over the long run, may make it harder to persuade both American and foreign corporations to cooperate with Mr. Obama’s program to reinvest and reinvigorate the American economy.

“He’s walking a very fine line here,” said Jeffrey Garten, a professor of trade and international finance at the Yale School of Management and a former top official in the Clinton administration’s Commerce Department. “He is taking each case on the merits as he sees it, but he runs the risk of sowing a level of mistrust about all big companies. And it’s those companies — not small businesses — that he will need to invest and innovate for the kind of recovery he wants.” 
It's laughable, watching Sanger defend these huge multinationals and chiding Obama on using the bully pulpit, not days after his colleagues smashed Obama for not doing enough to suspend the notion that he too was in the pocket of big business and that he worked for corporations, not the people.  Obama's going to scare off the big companies!  They'll leave for China and take millions of jobs with them if they can't get away with fleecing the American people!

The only person bought and paid for here is Sanger.

There are plenty of Villagers and folks on the left suffering from Obama Derangement Syndrome too, folks.  It's starting to get a little ridiculous.

12 comments:

In Ur Blog Eatin Waffles (Accept no fail imitations) said...

You mean the GOP made Obama a puppet again? They complained, and he reacted to prove them wrong. He went a little far because it can be easily spun if Eric Holder now doesn't pursue a criminal investigation against BP.

Personally I think Obama should have told the GOP to go suck an egg because the law already states BP is liable and will pay (and having a president tell the opposition to go suck one would be kinda lulzy). Then double back on that down the road after BP pays. Proving that he had control of the situation and had to let it all pan out. We're Americans, we want what we want and we want it now.

It seems this president is jumping every single time the polls present data he doesn't like. Stop looking at the short term and look at the long term.

Does a poll showing that the people of Louisiana think Bush did a better job with Katrina than Obama has with the oil spill mean anything? No, the oil spill is a current event and shows their anger. Now once it's done and over with and been a few years, do the poll again and see if the margin is as wide.

Unknown said...

It seems that Booger sees what he wants to see and disregards the rest. Did you talk to Rahm about your theories, or just pull them from your dingleberry-encrusted brain-hole?

In Ur Blog Eatin Waffles (Accept no fail imitations) said...

So Obama didn't react to the GOP?

teadoust said...

don't waste time talking to dumb-fuck. he is right ALL THE TIME ABOUT EVERYTHING. period. at least he spared you the usual pithy "try and keep up" or "fail. harder." bullshit that he gets such a juvenile kick out of.

In Ur Blog Eatin Waffles (Accept no fail imitations) said...

Your tears sustain me

Unknown said...

The logical fallacy known as Cause and Effect or Questionable Cause occurs when two events occur in sequence or proximity, and one infers without further evidence that one event caused the other.

In Ur Blog Eatin Waffles (Accept no fail imitations) said...

ahh well thanks for clearing that up Allan.

Do I believe McCain would have handled the initial response any better than Obama? No. From there though it's hard to speculate what he would and wouldn't have done.

Mikyd said...

just as a side note, the EPA actually does look at the sugegstions of just "regular folk" on how to clean up the spill,I'm pretty amazed actually, that someone is at least trying to listen....from a discussion forum(totally non=political, a DIY kind of place... form someone whom I trust and he's pretty clever DIY wise) ... of course I'm sure McCains EPA would have done the same :)

Mikyd said...

oops... the actual comment didnt paste...
"...but I have an even more interesting note. I submitted an idea through the EPA website for capping the oil well in the gulf a few weeks ago. I figured it would just get lost with all the other crackpot ideas, but I was contacted by an EPA representative today to discuss the idea in more detail. Probably just a formality, but its nice to know they are actively pursuing a solution."

In Ur Blog Eatin Waffles (Accept no fail imitations) said...

Some of the ideas have been amazing

Hay was like 95-98% effective in removing oil from the water.

teadoust said...

what? you're going to insist that i'm crying whenever i post now? jeezus, you are the most pathetic, wet-brained, can't-stand-to-lose-an-argument asshole i have encountered on the 'net to date. and there are a lot of freaks out here, so that's pretty impressive!

In Ur Blog Eatin Waffles (Accept no fail imitations) said...

Still crying I see :-)

Happy Monday

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