Category: Barack Obama

The ‘Elephant of Debt’ in Alan Simpson’s Entitlement Room

Bipartisan Elephants, Endless Debt and Entitlements, Cats without Food … Oh My!

What IS all this fuss about?

Sometimes a picture is worth a 1000 rants.

CONGRESS OF THE UNITED STATES

CONGRESSIONAL BUDGET OFFICE – CBO

The Long-Term Budget Outlook

JUNE 2010 – (Revised August 2010)



larger

Image: Federal Debt Held by the Public as a Percentage of Gross Domestic Product

Under Two Budget Scenarios

CBO — The Long-Term Budget Outlook (pdf)

OK sometimes not … What does that Picture mean to me?

2035, Haah!  that’s like a quarter century from now …  you got to be kidding me …

Foreclosure

They Go or Obama Goes

Robert Scheer,

Truthdig, August 25, 2010

Barack Obama and the Democrats he led to a stunning victory two years ago are going down hard in the face of an economic crisis that he did nothing to create but which he has failed to solve. That is somewhat unfair because the basic blame belongs to his predecessors, Bill Clinton and George W. Bush, who let the bulls of Wall Street run wild in the streets where ordinary folks lived. And there was universal Republican support in Congress for the radical deregulation of the financial industry that produced this debacle.

The core issue for the economy is the continued cost of a housing bubble made possible only after what Clinton Treasury Secretary Lawrence Summers back then trumpeted as necessary “legal certainty” was provided to derivative packages made up of suspect Alt-A and subprime mortgages. It was the Commodity Futures Modernization Act, which Senate Republican Phil Gramm drafted and which Clinton signed into law, that made legal the trafficking in packages of dubious home mortgages. In any decent society the creation of such untenable mortgages and the securitization of risk irrationally associated with it would have been judged a criminal scam. But no such judgment was possible because thanks to Wall Street’s sway under Clinton and Bush the bankers got to rewrite the laws to sanction their treachery.

It is Obama’s continued deference to the sensibilities of the financiers and his relative indifference to the suffering of ordinary people that threaten his legacy, not to mention the nation’s economic well-being. There have been more than 300,000 foreclosure filings every single month that Obama has been president, and as The New York Times editorialized, “Unfortunately, there is no evidence that the Obama administration’s efforts to address the foreclosure problem will make an appreciable dent.”

[snip]

The End

In the end, if the people cannot trust their government to do the job for which it exists – to protect them and to promote their common welfare – all else is lost.

Barack Obama, University of Nairobi, August 28, 2006

An Honest Government, A Hopeful Future

The Week in Editorial Cartoons, Part I – BP’s Soup Recipe

Crossposted at Daily Kos and The Stars Hollow Gazette

John Sherffius

John Sherffius, Comics.com (Boulder Daily Camera)

Note: Due to a deluge of editorial cartoons over the past week or so, I’m going to, time permitting, post Part II of this weekly diary in the next few days.  In addition to some of the issues covered in this edition, I’ll include more cartoons on the floods in Pakistan, the withdrawal of combat U.S. forces in Iraq, and Rupert Murdoch’s $1 million contribution to the GOP.

George Orwell’s Iraq

“Congressman Dennis Kucinich (D-OH) today challenged the notion that removing ‘combat brigades’ but leaving 50,000 U.S. troops in Iraq constitutes an end to combat operations, let alone an end to the war”, a press release issued by Kucinich datelined Washington, Aug 19, 2010 and published on the Congressman’s house website stated. The release continued with:

“Who is in charge of our operations in Iraq, now? George Orwell? A war based on lies continues to be a war based on lies. Today, we have a war that is not a war, with combat troops who are not combat troops. In 2003, President Bush said ‘Mission Accomplished’. In 2010, the White House says combat operations are over in Iraq, but will leave 50,000 troops, many of whom will inevitably be involved in combat-related activities.”

“Just seven days ago, General Babaker Shawkat Zebari, the commander of Iraq’s military, said that Iraq’s security forces will not be trained and ready to take over security for another 10 years. One story is being told to the military on the ground in Iraq and another story is being told to their families back home.”

“You can’t be in and out at the same time.”

“This is not the end of the war; this is simply a new stage in the campaign to lull the American people into accepting an open-ended presence in Iraq. This is not an honest accounting to the American people and it diminishes the role of the troops who will put their lives on the line. This is not fair to the troops, their families or the American people.”

“The Administration and the Pentagon would be wise to level with the American people about our long-term commitment to Iraq.”

“The cost of the wars has been estimated to be around $1 million per soldier per year. Each year the troop levels stay at 50,000 means another $50 billion is wasted. I object to spending billions of dollars to maintain a charade in Iraq while our own economy is failing and over 15 million Americans are out of work. I object to keeping any level troops in Iraq to maintain a war based on lies. It is time that Congress sees through the manipulation and finally acts to truly end the war by stopping its funding,” said Kucinich.

Karl Rove hurls a Time Bomb of Deceit into the Town Square

As if we didn’t have enough volatile “wedge issues” to put the Nation on Perpetual Pause — Karl Rove has decided to stink up the place, with yet another outrageous Word Bomb …

GOPers Revise History: Say Dems Have Tax Hike Ticking Time ‘Bomb’

Christina Bellantoni, TPMDC — August 19, 2010

Karl Rove’s Crossroads GPS this week detailed the “seven public policy initiatives” that will be most important for Congress next year. The group runs ads against Democrats across the country.

On the list at No. 1: “Stop the Obama tax hike time bomb scheduled to detonate on January 1, 2011.”

That’s not a typo. Rove’s group is claiming that Obama set the timer on that so-called “bomb.”

Talk about Revisionist History — of course consider the source — wasn’t it Rove, who claim to have the “Real Numbers” a few years back …

CA-04: BLM takes Mustangs for BP’s Ruby Pipeline in McClintock’s District

This must give avowed anti environmentalist and overall science denier, Drill Baby Spill, Tea Party Caucus Congressman Tom McClintock of CA 04 a nice, warm, fuzzy feeling inside, because now the area up around his homey base of right wing zealots, Susanville, is undergoing a wild horse purge with Federal Tax dollars-  for BP and Anadarko Petroleum.   Because he had a staffer rep at the BLM’s planning session per documents at the Dept of the Interior website.

They’re going to take 2000 mustangs off the northern California scrubby ranges and leave a small remnant herd of 500.   The roundup started yesterday, Wed Aug 11th.

There are only about 4000 wild horses in CA.  This removes half our state’s wild horses !   And they’re doing it now during the hot days so it won’t interfere with DEER HUNTING SEASON.

Flat Earth McClintock recently had a hissy fit that the Federal government might transfer some Federal land into a National Park or Monument here up in Northern eastern CA because the government doesn’t “create jobs.”    

Mr. G Is Right

by John Cory

White House Press Secretary Robert Gibbs ranted that “the professional left” needed to be drug tested for their complaints and attacks on the Obama administration after all the good things Obama has done.

I agree.

We “professional leftists” do indeed need drug testing because apparently the colorful liquid inducing hallucinogenic of “hope and change” has worn off and the ugly mediocrity of modern Democratic leadership stares us in the face with the not-so-friendly smugness of a hookah-smoking caterpillar.

Maybe some good old-fashioned Window Pane or Micro Dot, or better yet, some natural organic ‘Shrooms could do the trick. After all, we are all mushrooms now as the old joke goes, kept in the dark and fed a pile of bullshit.

Washington ‘Protecting’ Iraq From…Washington

Crossposted from Antemedius

In a perhaps unintentional and obtuse twist of sardonic wit and possibly complete unawareness of the irony of his own words, Commander of United States Forces – Iraq (USF-I) General Ray Odierno said on Sunday in an interview with ABC’s Christiane Amanpour that the 50,000 US troops that will remain in Iraq along with “a significant civilian presence” after the US ‘withdraws’, will help Iraq thwart “interference from outside countries”.

Really. You can’t make this stuff up. If fiction it wouldn’t qualify as humor.

United States forces under President George W. Bush invaded Iraq in an unprovoked attack in 2003 and have occupied the country since. By some counts more than a million Iraqis have died as a direct result of the US invasion and occupation.

Odierno was former primary military advisor to Secretary of State Condoleezza Rice from November 2004 to May 2006, and has long argued against withdrawal of all US forces from Iraq. He assumed command of USF-I’s predecessor, Multi-National Force – Iraq on September 16, 2008 and took the reins as Commander of U.S. Forces Iraq on January 1, 2010, under President Barack Obama.

Odierno’s ironic comments in the interview followed only a few days after President Obama publicly backtracked on his 2009 pledge to withdraw all US combat troops from Iraq by September 1, 2010:

Obama’s Head in the A-Hole

DAV
Obama addresses a conference of Disabled American Veterans, August 2, 2010

“Does Obama sound like Bush?” asks the Christian Science Monitor, and answers…

Obama is indeed carrying out an agreement reached by the Bush administration that laid out the timetable for withdrawal.

Gareth Porter at Asia Times Online provides a little more context.

Seventeen months after President Barack Obama pledged to withdraw all combat brigades from Iraq by September 1, 2010, he quietly abandoned that pledge on Monday, admitting implicitly that such combat brigades would remain until the end of 2011.

Obama’s apparent pledge of withdrawal of combat troops by the September 1 deadline in his February 27, 2009, speech generated headlines across the commercial news media. That allowed the administration to satisfy its anti-war Democratic Party base on a pivotal national security policy issue.

At the same time, however, it allowed Obama to back away from his campaign promise on Iraq withdrawal, and to signal to those political and bureaucratic forces backing a long-term military presence in Iraq that he had no intention of pulling out all combat troops at least until the end of 2011.

He could do so because the news media were inclined to let the apparent Obama withdrawal pledge stand as the dominant narrative line, even though the evidence indicated it was a falsehood.

Time Magazine was likewise skeptical about how much change Obama has imposed on the Bush paradigm.

It’s not hard to see why many skeptics see little more than a rebranding message in President Obama’s announcement that U.S. troop levels in Iraq will soon stand at 50,000 and that their mission would be to “train and advise Iraqi security forces, conduct partnered and targeted counterterrorism operations and protect ongoing U.S. civilian and military efforts.”

For one thing, that’s what they’ve been doing for quite some time now, in keeping with the 2008 Status of Forces Agreement (SOFA) concluded between the Bush Administration and the Iraqi government. The SOFA moved U.S. troops out of Iraq’s cities last summer and ended independent U.S. military operations – today they’re required to operate in tandem with Iraqi forces.

And apart from daily bombings and political assassinations, Obama’s perky optimism about American “accomplishments” in Iraq is also belied by many inconvenient factoids.

“Much of the violence has occurred because there is no government, because nobody knows what the future is,” said Anthony Cordesman, a military analyst at the Center for Strategic and International Studies who has periodically advised top U.S. commanders in Baghdad.

No government?

In the inconclusive March 7 elections, the heavily Sunni-backed Iraqiya coalition led by former premier Ayad Allawi won 91 seats compared to 89 for Prime Minister Nouri al-Maliki’s mainly Shiite Rule of Law coalition, but neither won the 163-seat majority necessary to govern.

As the political wrangling for allies draws out, insurgents have continued their deadly attacks in what appears to be an attempt to take advantage of the political vacuum to re-ignite sectarian tensions.

But so what if Iraq doesn’t have a government? At least they have a flag!

Suspected Al-Qaeda fighters killed five Iraqi soldiers in a brazen dawn attack Tuesday at a western Baghdad checkpoint and planted the terror group’s black banner before fleeing the scene, officials said.

It was the second time in a week that Al-Qaeda’s flag has appeared at the scene of an attack.

flag_of_al-qaeda

Has all the bloodshed, death and destruction counted for so little?

Yes.

 

Obama’s Iraq Withdrawal Kabuki

Gareth Porter is an historian and investigative journalist and US foreign and military policy analyst. He writes regularly for Inter Press Service on US policy towards Iraq and Iran. Porter is author of four books, the latest of which is Perils of Dominance: Imbalance of Power and the Road to War in Vietnam.

Porter talks with Real News Network’s Paul Jay with a dissection of Obama’s Iraq ‘withdrawal’ smoke and mirrors kabuki.



Real News Network – August 5, 2010

Gareth Porter:

Obama backtracks on commitment to withdraw combat troops from Iraq


Transcript below the fold

We’ll always have Cairo

While the Nutroots Nation polled support for Obama at some ridiculous margin of around 85%, more realistic minds in the Arab world have reassessed His Potential Hopey Changey-ness.

The 2010 Arab Public Opinion poll will be released Thursday at the Brookings Institution by Shibley Telhami, of the University of Maryland and Brookings’ Saban Center for Middle East Policy. The annual survey, conducted in conjunction with Zogby International, polled 3,976 people in six countries – Egypt, Saudi Arabia, Morocco, Jordan, Lebanon and the United Arab Emirates – in June and July.

The most striking finding is that while early in the Obama administration, in April and May 2009, some 51 percent of those polled expressed optimism about American policy in the Middle East; in the 2010 poll, only 16 percent were hopeful, while a majority, 64 percent, were discouraged.

snip

“Basically, Arabs have concluded that he can’t deliver on his promises at best, or that he’s just like Bush at worst,”  George Washington University Middle East specialist and ForeignPolicy.com writer Marc Lynch said. “But there’s still considerable residual hope at this point that they’re wrong and that he’ll come through in the end.”

Pretty standard “looks-like-a-duck-walks-like-a-duck” assessment, which is generally and amazingly unavailable to progressive/liberals, except for those of us specializing in infantile tantrums, moral purity, and “poutrage,” those of us for whom Obama can do no good and deep down want the true psychopaths, not the pseudo-psychopaths, back in charge.  Whatevs.  The dude is a colossal disappointment.  A chronic fuck-up, really, completely lost, and wandering his own special Limbo as if in  a moral twilight zone.

This is also interesting:

Other key findings are that views on the Arab-Israeli conflict and its prospects for resolution have remained stable, and that a slight majority of the Arab public now sees a nuclear-armed Iran as being better for the Middle East.

Arabs prefer that Americans and Israelis walk on eggshells in the Muslim world, and seriously, who can blame them?  

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