…on the “dangerously delusional” and “self-indulgent irrelevance” of Obama’s nuclear summit.
Obama hasn’t been blaming Bush enough
Yes folks, you heard it here first—Obama’s polls are sagging because he hasn’t been blaming Bush enough:
When Obama first arrived, he often arraigned his predecessor’s record. The first chapter of Obama’s initial budget document was “Inheriting a Legacy of Misplaced Priorities.” Obama still delivers some similar jabs. But more often, he diffuses blame for the downturn across “a perfect storm of irresponsibility… that stretched from Wall Street to Washington to Main Street.” Obama, at other points, has emphasized his continuity with Bush’s approach, particularly on financial bailouts. (Liberal critics such as Reich believe that link extends beyond rhetoric to policy.) The result is that Obama has mostly shelved what political scientist Stephen Skowronek of Yale University calls “the authority to repudiate.” That’s the effort, employed by consequential presidents, such as Franklin Roosevelt and Ronald Reagan, to build support by portraying their agenda as the remedy for their predecessors’ failures.
Absent such a framework, public opinion about the economy is clearly shifting toward the GOP as the downturn persists. Obama’s economic approval rating has sagged to around 40 percent, and his lead over congressional Republicans on managing the economy has virtually evaporated.
More on Remnick and Obama
Here’s a long interview in the Telegraph with Obama biographer and New Yorker editor David Remnick. I already wrote about Remnick and his book here, but the interview provided a few more glimpses into the Remnick (and the general liberal/left media) style of dealing with Obama.
I was struck by the fact that, although Remnick is not only admiring of but even awed by the president (I watched another TV appearance with Remnick where he clearly conveyed this), he manages to let slip a couple of inadvertent truths in his Telegraph interview. For example, he makes it clear that Obama had to learn the Chicago black vernacular and style that was not native to him in order to fit in and present himself as a bona fide black leader there. The second is Remnick’s use of the words “gall” and “ballsy” to describe Obama (he might just as well have said “narcissistic” and “arrogant,” although he certainly doesn’t):
…[W]hat is the first major address that Barack Obama gives to the African American community after he is announced for the presidency? He goes and gives a speech in Selma, Alabama, this resonant place of the civil rights struggle, and he talks about the Moses generation ”“ the generation of civil rights, the generation of King ”“ and about himself and the Joshua generation. He is giving himself an enormous task and with great gall: he is placing himself at the head of a generation; and I’m going to take you where? To the Promised Land. That’s an amazingly ballsy thing to say.
The third is that Remnick gives an entire lengthy interview focusing on the formation of Obama’s identity as a black man without ever once mentioning Frank Marshall Davis, the man hand-chosen by Obama’s grandfather for that very task (and who was mentioned in Obama’s biography as such, although solely by his first name). Instead, Remnick says [emphasis mine]:
He grew up in Honolulu and went to a highly privileged school where there were a couple of other black students, and in a place with no black people around, except for the occasional soldier on the basketball court or at a party. So, where does he get it from? He watches TV, he reads books; I mean, it’s a really mystifying, difficult thing.
It’s only mystifying if you pay no attention to that Frank Marshall Davis behind the curtain.
But Bobby Rush, the man who beat Obama in his only campaign defeat (and who happens to be black as well), seemed to know something that Remnick didn’t get. Rush is quoted as saying [emphasis mine]:
So, here he is in his congressional office: it’s very nice that Barack has won finally, and he’s mocking him, and then he gets up and he just sashays across the office. And he said, you know, back then he didn’t walk like that when he ran against me. You know, he’s accusing him, even to this day, of inauthenticity; as if we all don’t learn, as if we are born with walks and all kinds of things.
Then again, since Remnick has just spent most of the interview describing how the already-adult Obama (we are not born with walks, but we usually learn them in childhood) had to imitate and adopt a black identity as he went along, a person could be forgiven for thinking that Remnick is failing to see that his own words prove Rush is correct.
Then there’s the nuanced, Clintonesque language Remnick uses to describe Obama’s treatment of Alice Palmer [emphasis mine]:
When he ran for [Illinois] state senator he committed an act of impiety against the long-standing regulars there by refusing to step back from [incumbent] Alice Palmer, who had a much deeper relationship to the community than he did.
Remnick makes it sound as though Obama’s only offense against Palmer was to run against her and/or criticize her, and that that was what angered the Chicago regulars in the community. This is a duplicitous insinuation of Remnick’s, more for what it leaves out than for what it says. I haven’t read Remnick’s book, so perhaps I should give him the benefit of the doubt and assume he may have told more of the truth about Obama and Palmer (or Obama and Frank Marshall Davis) in it. In fact, he probably did at least go into those incidents somewhat. But if so, his interview was purposely misleading.
If you don’t recall the story of Obama and Palmer, let me help refresh your memory. Read the whole thing, because it’s a complicated and hair-raising story. But here are some excerpts [emphasis mine]:
…[I]n that initial bid for political office, Obama quickly mastered the bare-knuckle arts of Chicago electoral politics. His overwhelming legal onslaught signaled his impatience to gain office, even if that meant elbowing aside an elder stateswoman like Palmer.
A close examination of Obama’s first campaign clouds the image he has cultivated throughout his political career: The man now running for president on a message of giving a voice to the voiceless first entered public office not by leveling the playing field, but by clearing it.
One of the candidates he eliminated, long-shot contender Gha-is Askia, now says that Obama’s petition challenges belied his image as a champion of the little guy and crusader for voter rights.
“Why say you’re for a new tomorrow, then do old-style Chicago politics to remove legitimate candidates?” Askia said. “He talks about honor and democracy, but what honor is there in getting rid of every other candidate so you can run scot-free? Why not let the people decide?”…
Palmer served the district in the Illinois Senate for much of the 1990s. Decades earlier, she was working as a community organizer in the area when Obama was growing up in Hawaii and Indonesia. She risked her safe seat to run for Congress and touted Obama as a suitable successor, according to news accounts and interviews.
But when Palmer got clobbered in that November 1995 special congressional race, her supporters asked Obama to fold his campaign so she could easily retain her state Senate seat.
Obama not only refused to step aside, he filed challenges that nullified Palmer’s hastily gathered nominating petitions, forcing her to withdraw.
“I liked Alice Palmer a lot. I thought she was a good public servant,” Obama said. “It was very awkward. That part of it I wish had played out entirely differently.”
His choice divided veteran Chicago political activists.
“There was friction about the decision he made,” said City Colleges of Chicago professor emeritus Timuel Black, who tried to negotiate with Obama on Palmer’s behalf. “There were deep disagreements.”
Had Palmer survived the petition challenge, Obama would have faced the daunting task of taking on an incumbent senator. Palmer’s elimination marked the first of several fortuitous political moments in Obama’s electoral success: He won the 2004 primary and general elections for U.S. Senate after tough challengers imploded when their messy divorce files were unsealed.
Perhaps some of that latter business of the divorce records was “fortuitous,” but perhaps not (I wrote more about that incident and others here). But there is no question that in the Palmer fracas—which was the very first primary in Obama’s very first run for any public office—Obama already amply demonstrated a combination of traits we have come to know him for: ruthless and cynical coldness, disloyalty (you might say Alice Palmer has the place of honor under the Obama bus), and unctuous BS excuses that disavow responsibility (“That part of it I wish had played out entirely differently”). He also exhibited a fierce determination to use his knowledge of the legal system to oust all rivals and eliminate choice for the Democratic voters of Chicago (remember, Obama didn’t just successfully get Palmer booted from the primary ballot; he did so to all four of his challenges and ran unopposed in the Democratic primary, which in that Chicago district was tantamount to being elected).
All of this information is not only in the public domain now, it was in the public domain long before the 2008 election. I wrote about it all at length while Obama was running for president, as did other bloggers and journalists on the right. But the MSM barely touched it, and hasn’t done so even now. The mythmaking continues.
NBC reporter notices Obama sometimes tells an untruth
Pigs fly, and NBC science reporter Jay Barbree is quite shaken when he notices a bold lie that Obama told. Fortunately for Obama, MSNBC’s Alex Witt jumps to the president’s defense and tries to mitigate the damage, as any good MSNBC reporter should:
BARBREE: …I’m a little disturbed right now, Alex. I just found out some very disturbing news. The President came down here in his campaign and told these 15,000 workers here at the Space Center that if they would vote for him, that he would protect their jobs. 9,000 of them are about to lose their job. He is speaking before 200, extra hundred people here today only. It’s invitation only. He has not invited a single space worker from this space port to attend. It’s only academics and other high officials from outside of the country. Not one of them is invited to hear the President of the United States, on their own space port, speak today. Back to you Alex.
WITT: Alright Jay I can understand why that would certainly get you a bit upset. I will say, on behalf of the Obama administration, they contend that 2500 new jobs will be created, even more, they say, than the 2012 Constellation would have created, that program. So I know all this remains to be seen, but understandably we get why you’re upset, right now. Along with many others down there. Let’s see if the President clears that up later today. Jay thanks so much.
[Hat tip: The Anchoress.]
Spambot of the day
Cunning and duplicitous bot:
Hi, been following your website for a long time. I run a related blog but I keep getting a lot of spam responses, tips on how to maintain your blog site so unpolluted?
Will House Dems say “We don’t need no steenking budgets”?
This House of Representatives seems intent on making history, and it’s not a good sort of history.
If passing a budget—or even proposing one—causes problems and the need for debate with opponents, then hey, why do it? After all, money can be appropriated without one.
As for the American people, if Congress has given up on the need to answer to them, why bother to even pretend to try? All bets are off now. This is the lame duck Congress to end all lame duck Congresses, and it has its own agenda.
[NOTE: As the article observes, “Since the Budget Act of 1974, the House has never failed to pass a draft budget (even though Congress as a whole four times failed to enact one).”]
Goldman Sachs in trouble
The SEC has charged Goldman Sachs with “defrauding investors by allegedly marketing a financial product tied to subprime mortgages without telling them a big hedge fund was on the other side of the trade.”
My first question was one which appears at the end of the WSJ article:
…Bill Larkin at Cabot Money Management [says]. “The question is, has the SEC discovered what may have been a common practice across the industry? Is this the tip of the iceberg?”
Goldman Sachs stocks have gone sharply down, as might be expected. Goldman Sachs says it is innocent, as might be expected (lt also could be saying, “Some thanks we get!,” considering it was one of the biggest contributors to the Obama campaign in 2008).
Here’s the scoop on what is alleged to have happened at Goldman:
According to the SEC, Goldman structured and marketed a synthetic collateralized-debt obligation, or CDO, that hinged on the performance of subprime residential-mortgage-backed securities.
The CDO was created in early 2007 when the U.S. housing market and related securities were beginning to show signs of distress, the SEC complaint said.
“Undisclosed in the marketing materials and unbeknownst to investors, a large hedge fund, Paulson & Co. Inc., with economic interests directly adverse to investors in the [CDO], played a significant role in the portfolio selection process,” the complaint said.
The complaint said Paulson had an incentive to stuff the CDO with mortgage-backed securities that were likely to get into trouble. SEC enforcement chief Robert Khuzami alleged that Goldman misled investors by telling them that the securities “were selected by an independent, objective third party.”
A specific person with the dramatic-sounding name of Fabrice Tourre (man? woman? literary light? entertainer?) was named as “”principally responsible” for creating the CDO. Here’s some background on the 31-year old Goldman VP and Frenchman Tourre, from the HuffPo. He may not be an entertainer, but he does exhibit a certain flair:
In an email to a friend on January 23, 2007, the London-based trader called himself “The Fabulous Fab” and warned about the coming collapse in the subprime mortgage securities market, according to the SEC complaint. In the message, he also dramatically expresses his own lack of foresight about the consequences of his risky trading activity:
“More and more leverage in the system. The whole building is about to collapse anytime now… Only potential survivor, the fabulous Fab[rice Tourre]… standing in the middle of all these complex, highly leveraged exotic trades he created without necessarily understanding all of the implications of those monstrosities!!!”
Monstrosities indeed. Here are two related posts of mine, in which I discussed how carried away the financial world got with complex interactions they poorly understand but used and manipulated in order to make short-term profits (see this and this).
Did Tourre really believe his own hype, that he was immune to the collapse all around him? Or did he merely think he could get away with it and get out in time? I assume we’ll hear more about this, as well as his side of the story.
We’re just simple folk at the Tea Parties
Commenter “manju” wrote:
With the teaparties driving the republicans toward simple-minded libertarian sloganeering, conspriacy [sic] theories (birtherism), and even an ahistorical revival of the confederacy(McDonnell, Barbour), the top candidates become less and less electable. we may very well be looking at a reverse mcgovern scenario in ”˜12. even now, its not looking too good for the right on the presidential front, as evidenced here [and then a link to an article by Andrew Sullivan].
Manju is what’s known in the trade as a concern troll—that is, someone who comes onto a blog being very “I’m one of you, guys” (or, as in the case of manju, neutral), and then voices worry and pessimism about the effect of some phenomenon he/she is trying to discourage. Here, it’s manju versus the Tea Parties.
Commenter Steve H. came back with a good response:
“”With the teaparties driving the republicans toward simple-minded libertarian sloganeering””
As opposed to the nuanced Ivy League minded progressive sloganeering thats nearly destroyed the country?
I’ll take simple. Because truth and decency really are simple.
But I’d like to drag Winston Churchill in to back Steve H. up:
All the great things are simple, and many can be expressed in a single word: freedom, justice, honor, duty, mercy, hope.
Now, that was an eloquent man.
Jewish voters and Obama
Nobody’s suing for divorce yet. But the honeymoon between Jewish voters and Obama may be over, or at least that first high flush of romance is gone.
This survey indicates that 42% of Jewish voters would vote for Obama again while 46% would “consider” voting for someone else. Although that word “consider” is a bit hard to interpret—to me, it could just mean they’d entertain the thought, if only for a brief while—it still shows a certain amount of disillusion. In addition, 50% disapprove of the way he’s handling Israel while only 39% approve, and 52% disapprove of Obama’s plan to recognize a Palestinian state within two years regardless of whether Israel agrees and only 28% approved. And so on and so forth.
The survey was conducted on April 8 and 9, among 600 “likely Jewish voters”—although I assume that ought to actually read “Jewish likely voters,” since I would guess that they were likely voters, not likely Jews. Just the nitpicky grammarian in me.
Congress becomes Madison’s “overbearing majority”
I’ve got a new essay up at the Weekly Standard. In it, I unearthed some great—and extraordinarily relevant—quotes from Federalist Paper #10 by James Madison.
Follow the link to read; come back here to comment (the WS has no comments, although it does accept emails).
Remember Iraq?
Victor Davis Hanson does. He reminds us of just how wrong “the current troika now directing U.S. foreign policy”—Obama, Biden, and Clinton—were, as well as those “no blood for oil” folks.
Of course, they bear no consequences and there is no accountability for having been so wrong. Bush paid for his earlier errors and miscalculations because he was in charge; Obama later reaped the benefits, despite his own errors, by being elected in part because he was the un-Bush.
Thoughts on tax day
[NOTE: This is an edited version of an essay of mine from the past.]
Today is April 15th. This means that, along with millions of others, I’ll be making my way to the copy machine and then on to the post office so that my filled-out tax forms will have the proper postmark.
Ah, paying taxes. What fun! Along with close to 100% of Americans, I hate the process. It’s an attitude that unites us like almost nothing else.
Maybe you’re one of those early-birders. If so, my hat is off to you. I’m not ordinarily early, but this year I’m the latest I’ve ever been. Just looking at those booklets and forms gives me a headache. But now it’s done.
This time of year also reminds me of my father. He was both a lawyer and a certified public accountant, but it’s the latter profession that conjures up the April memories for me. He was not the Taxman (see video above) but the Taxmiddleman, the one who prepared tax forms—often of a very complex sort—and did it all by hand back in those pre-computer, pre-calculator days.
Every year starting around February—when my parents always went away to warmer climes for about ten days, in preparation for the long hard slog to come—until April 15th, my father would come home from work every night, eat dinner, and go immediately to a small table in our living room. There he’d set up shop until bedtime, around 11:30 or midnight, and then repeat the entire process the next day. Weekends it started earlier. No TV for him, and almost no relaxation, just this sitting in a chair, bending over papers and fiddling with small figures.
For those months, we kids were instructed to tiptoe around in the evenings and not disturb him. This was a tense time. We could see it in his exhausted face and bloodshot eyes.
And so in our house April 15 was a very happy day. That’s probably true for all the tax middlemen/women.
