Posts Tagged ‘Barack Obama’

IRS targets Obama’s enemies in extraordinary scandal

May 18, 2013

“We are in the midst of the worst Washington scandal since Watergate. The reputation of the Obama White House has, among conservatives, gone from sketchy to sinister, and, among liberals, from unsatisfying to dangerous. No one likes what they’re seeing. The Justice Department’s assault on the associated Press and the ugly politicization of the Internal Revenue Service have left the administration’s credibility deeply, possibly irretrievably damaged….Something big has shifted. The standing of the administration has changed. As always it comes down to trust. Do you trust the president’s answers when he’s pressed on an uncomfortable story? Do you trust his people to be sober and fair-minded as they go about their work? Do you trust the IRS and the Justice Department? You do not.” Peggy Noonan, ‘This Is No Ordinary Scandal’, The Wall Street Journal, May 18, 2013

President Obama, albeit sheepishly, acts as though these scandals are unconnected to the White House.Like the chief of police in Casablanca he is shocked, shocked, to discover in the newspapers what has happened! President Obama, however, is deeply connected to these scandals. He is not a bystander, like you and I. This happens to be his administration. The Justice Department and the IRS are his executive agencies. He runs and oversees them.

In this column, I focus on the IRS scandal, once again. For it is much the more serious of the two. There are two parts to the IRS scandal. The first is the obviously deliberate and targeted abuse harassment and attempted suppression of conservative groups. The second is the auditing of taxes of conservative political activists.

In order to suppress conservative groups the IRS demanded donor rolls, membership lists, data on all contributions, names of volunteers, the contents of all speeches made by members, Facebook posts, minutes of all meetings, and copies of all materials handed out at gatherings. When asked what its members were reading, one group responded: The U.S. Constitution! Now I can assure you from first hand experience that these questions are not routinely requested by the IRS. When The Locke Institute applied for 501 (c) 3 status in 1994, it took about a year to secure that status. But the questions were always fair and politically unbiased. And that was during the administration of President Bill Clinton, who was not above a dirty trick or two to harass his supposed enemies.

The second part of the scandal is the auditing of political activists who have publicly opposed the administration. Such politically-oriented audits constitute the use of government power to intrude on the privacy and shackle the political freedom of American citizens. The purpose is to overwhelm and intimidate – to kill the opposition, audit by audit by audit. Such behavior is to be expected of such low-lives as Vladimir Putin, Tsar of All the Russias. Perhaps now it must be expected by such low-lives as President Obama, Tsar of the United States of America.

Shame on you Barack Obama! You disgrace the high office that you are privileged to hold.

President Obama vanishes into the ether of ego

May 2, 2013

“At the president’s news conference Tuesday, when a reporter wondered whether setbacks on gun control and the sequester suggested Mr. Obama was having problems pushing his second-term agenda, the president replied, ‘Well if you put it that way, Jonathan, maybe I should pack up and go home.’ Whoa, big fella. The presidency is a big game. We want you suited up and on the floor.’” Daniel Henninger, ‘Presidential Followership’, The Wall Street Journal, May 2, 2013

That the presidency attracts individuals focused on Number One is no revelation. That the focus sometimes reaches the psychological condition of narcissism, when a president actually lacks self-love, because of a disrupted childhood, and seeks compensatory adoration from campaign followers, is also not unknown. President Obama suffers from an excessive focus on Number One and a chronic form of narcissism. With 40 months in office remaining, this is a dangerous situation for the United States.

It is dangerous because such a leader essentially becomes a follower of any group of adoring citizens, concerned never to breach their love by an act of statesmanship. Standing essentially aloof from the major branch of government – the Congress – unable to lower his self-esteem by negotiating deals that are helpful to the public at large, Obama is trapped by his followers into a followership mode of governance. That is why he is essentially impotent on gun control laws, on fiscal policy, on Syria, and on Middle East policy.

“Whether Roosevelt, Nixon, Bill Clinton or George W Bush, every second-term president must in time come to grips with the reality that it can’t be about just him. It, the presidency, is unavoidably about offering clear leadership for all the American people and a watching, always unsettled world. If Barack Obama insists it’s about something else, everyone, including him, will have their bags packed for a long 40 months.” ibid.

When a president forfeits the trust of his party

April 18, 2013

In 2009, President Obama begged and pressured a number of reluctant Democrats in the Senate and in the House to vote in favor of Obamacare – a policy that was unraveling in the opinion polls as the debate progressed. A sufficient number voted reluctantly in favor to carry the bill into law, albeit with reliance on a procedural dodge.

In 2010 and 2012, President Obama stood idly by as several of those reluctant political allies walked the electoral plank into the wilderness that awaits lifetime politicians who finally confront the realities of the regular work place.

In 2013, President Obama has begged and pressured a number of reluctant Democrats in the Senate to vote in favor of gun control legislation that is anathema to the voter majorities in their respective constituencies. Electoral memories may be short, but politicians memories are forever. So predictably, this time, those marginal Senators refused to walk the plank for Obama. And Obama’s bill has failed to progress.

The lesson for Barack Obama is serious indeed. For the remainder of his second term, he cannot expect to move his political agenda into law unless he tailors policies to secure political majorities.Any leader who forfeits trust places himself in such a quandary.

Predictably, Obama will now have to tack back to the political center if he desires to earn any presidential legacy for his name other than Obamacare, which is a pending disaster.

Jon S. Corzine blasted for MF Global collapse

April 5, 2013

Because Jon S. Corzine is a Mister Big in the Democratic Party, he has been treated with kid gloves by the left-leaning Obama administration, by the Democratic Party-controlled financial oversight commissions, and by the mainstream media since the collapse of MF Global in 2011. Any Republican in his situation would have been languishing in jail some 18 months ago.

Fortunately, the person leading the investigation into the failure of MF Global is Louis J. Freeh, former Director of the FBI, and a judge, and surely no sychophant to the Obama administration.

According to the bankruptcy trustee’s report, released on April 4, 2013, Jon S. Corzine, former Governor of New Jersey and U.S. senator, deserves much of the blame for the firm’s demise. Indeed, the report mentions Corzine by name a total of 284 times, more than once per page. and concludes that he and his management team engaged in ‘negligent conduct’

Mr. Corzine, ran MF Global from March 2010 until its failure in October 2011 – ran it into the ground one might say. He embarked on a ‘risky business strategy’ of betting the wrong way on European government debt and ignored ‘glaring deficiencies’ in controls. Unusually for a chief executive, Corzine executed some of the trades personally ‘even placing trades in the middle of meetings’. As a consequence of such negligence – and who knows maybe malfeasance – about $1 billion of customers’ money went missing. Mr Corzine has made no attempt to replenish those monies from his personal assets, though we may expect private negligence suits to place him into bankruptcy unless he makes a run for it to a non-extraditable safe haven.

As the European debt crisis systematically worsened, MF Global started to receive margin calls that threatened its liquidity. At one point, Corzine even debated how aggressively the broker-dealer, on an intraday basis, could borrow customer funds from its futures brokerage arm, totally ignoring the requirement that the two accounts must be kept segregated and secured.

A more disgusting specimen of the human race than Jon Corzine would be difficult to find. He is right down there with the sewer rats. Yet, he is unlikely to serve any time in jail. His Democratic Party friends at the SEC and the Commodities Futures Trading Commission, and his good friend, Barack Obama, will make sure that good ole’ Jon Corzine avoids any criminal charges.

Such is the nature of crony-capitalism in the United States.
.

The Woodward Ultimatum

March 3, 2013

Ultimatum: The final terms presented by one party in a dispute, etc., to another, the rejection of which could cause a breakdown in relations, a declaration of war, an end of cooperation, etc. Oxford English Dictionary.

Many readers will have heard of the Bourne Ultimatum, a Robert Ludlum-inspired movie in which Jason Bourne engages in a battle to the death with out-of-control CIA agents who are determined to eliminate a man whom they had mentally reconfigured to serve as their hired assassin, but who has now recovered his true identity. Well, last week,Bob Woodward, the pre-eminentjournalist for The Washington Post and one of the two investigators who exposed Richard Nixon for his role in the Watergate break-in, received an ultimatum from the hands of of Obama-sycophant, Gene Sperling, currently serving as the chairman of the Chicago machine-politician’s Economic Advisory Council.

I wrote in a recent column about the incident leading up to this ultimatum, namely Woodward’s fingering of Obama as the original source of the March 1, 2013 sequester. Because Woodward is known as a man who speaks truth to power, and because Woodward has exposed, in this instance, not a conservative, but a liberal lie, Obama and his White House advisers are dripping venom as they seek a way to inject their fangs into a supposed traitor to the progressive movement. Like Jason Bourne, Bob Woodward has reconfigured his own mind to understand the true nature of the sinister threat that now confronts him.

“This is no tempest in a teapot but rather the leak in the dike. Drip by drip, the Obama administration has demonstrated its intolerance for dissent and its contempt for any who stray from the White House script. Yes, all administrations are sensitive to criticism, and all push back when such criticism is considered unfair or inaccurate. But no president since Richard Nixon has demonstrated such overt contempt for the messenger. And thanks to technological advances in social media, Obama has been able to bypass traditional watchdogs as no other president has. More to the point, the Obama White House is, to put it politely, fudging as it tries to place the onus of the sequester on Congress…Killing the messenger is a time-honored method of controlling the message, but we have already spilled that blood. And the First Amendment’s protection of a free press, the purpose of which is to check power and constrain government’s ability to dictate the lives of private citizens, was no accident.” Kathleen Parker, ‘Why the Woodward matter matters’, The Washington Post, March 3, 2013

One may reasonably assume that Bob Woodward’s and Kathleen Parker’s kneecaps are safe, at least with respect to the sequester challenge. But there are other ways for a vindictive president to enforce obedience among the press corps:

“Again, Woodward’s kneecaps are probably safe, but the challenge to his facts, and therefore to his character, was unusual, given Woodward’s stature. And how, by the way, might Woodward come to regret it? Sperling’s words, though measured, could be read as: ‘You’ll never set foot in the White House again.” When reporters lose access to the White House, it isn’t about being invited to the annual holiday party. It’s about having access to the most powerful people on the planet as they execute the nation’s business.” Kathleen Parker, ibid.

Whoops, there go a pair of kneecaps!

Slow horses for fast courses

February 28, 2013

Until recently, the United States has been viewed as a champion race-horse built perfectly for the capitalist race arena. Since 2008, the scene has changed. Led by the equivalent of a knackered old Dobbin, named Barack Obama, the United States is now desperately seeking refuge from any race-course, hoping to live out its days in some protected pasture, reinforced by hay supplements, well roped-off from roving predators.

Until recently, J C Penney was a major player in the US shopping mall stakes, a fine pedigree honed to the sales-discount-loving American public. Then the company hired a former Apple employee, Ron Johnson, as its new chief executive. With zero understanding of the shopping mall environment, Mr. Johnson knackered his new company by removing all the bullets from its six-gun. No sales discounts! No coupons! No customers! ‘Hey! Empty stores make the environment better for our work-force’ was Mr. Johnson’s reply to mounting criticism.

Have any of you dragged your way around a JC Penney’s store in recent months. A glutton for punishment, I have made periodic forays in order to chronicle decline and fall. Perhaps six people in the store, most of them, relying on canes or perambulators. Store workers with empty eyes, like those of death row inhabitants awaiting their last meal. No management in sight. This is the Titanic before its final descent, was the image that I took with me, as I raced across the mall to Macy’s to recover in the pure oxygen of a vibrant market-place.

In 2012, the first year of mr. Johnson’s ‘reforms’, J C Penney lost $4.3 billion of sales from the previous year, a 31.7 per cent decline in like-for-like sales. During the last quarter of 2012 alone, the company’s total revenue declined by 28 per cent and shopper numbers declined by 17 per cent. And that was the Christmas Quarter!

Well Mr. Johnson, unlike President Obama, has learned a lesson. He has now abandoned his disastrous pricing policy. Back to sales discounts! Back to coupons! Whether or nor the customers will return is the $64,000 question. The $1 billion question is whether Mr. Johnson will remain in charge. Unlike Barack Obama he does not have a four year tenure. And J C Penney’s biggest shareholder is Bill Ackman, whose hedge fund company, Pershing Square, owns 18 per cent of the company.

I suspect that Bill Ackman will respond much more ruthlessly in the case of J C Penney than did Obama-supporters in November 2012, when confronting a much more serious collapse of their nation’s wealth and prestige.

Hat Tip: Barney Jopson, ‘J C Penney drops key reform’, Financial Times, February 28, 2013

With his sequester ax poised, Obama golfs and parties with Tiger Woods

February 18, 2013

The sequester signed into law by Barack Obama in 2011 is poised to fall on March 1, 2013. With the Republic steeled to take the blow, a carefree President Obama enjoys the weekend golfing with Tiger Woods on a secluded private golf course bathed in the Florida sunshine. Perhaps the President hopes to pick up a tip or two on how to swing, a particular characteristic of his vodka-swilling buddy.

One would think that a President who has signed a sequester bill into law would be especially concerned to minimize the adverse consequences for his flock. Nothing would be further from the truth. President Obama’s mind is occupied with identifying the worst possible consequences for the electorate that voted him into a second term. For Obama, sequestration has become a partisan game of political chicken, a game, however, in which he will not occupy either of the two hot-rod vehicles that career towards each other. Las Vegas Harry Reid and Golden Bridge Nancy Pelosi front-seat the one vehicle, while a chain-smoking John Boehner flattens the gas pedal on the other.

So while Congress plays out the Obama-game, Obama is making sure that Pentagon cuts will sideline the deployment of the aircraft carrier,USS Harry Truman in the Persian Gulf and will suspend the jobs-generating overhaul of the aircraft carrier, USS Abraham Lincoln. The President surely knows how to insult the names of his more famous predecessors.

Similarly, with respect to domestic cuts, the President is ensuring that his electorate will experience the pain of rising beef -steak prices, occasioned by the withdrawal of F.D.A. inspectors from the nation’s slaughter-houses. Will this impact the White House dinner table? Absolutely not. Will Obama spare vodka prices for the benefit of good ol’ Tiger? You bet!

It is all politics and it is all partisan in the Obama White House. It is an environment that would drive any normal person insane. And that tells us everything that we need to know. It should be the sum of all our fears.

Bum-Square now rules the United States

January 26, 2013

“The principle of distributive justice, once introduced, would not be fulfilled until the whole of society was organized in accordance ith it. This would produce a kind of society which in all essential respects would be the opposite of a free society – a society in which authority decided what the individual was to do and how he was to do it.” F.A. Hayek, The Constitution of Liberty, Routledge & Kegan Paul,1960

“Since it is impossible to maximize with respect to more than one point of view, it is natural, given the ethos of a democratic society, to single out that of the least advantaged and to further their long-term prospects in the best manner consistent with the equal liberties and fair opportunity.It seems that the policies in the justice of which we have the greatest confidence do at least tend in this direction in the sense that this sector of society would be worse off should they be curtailed.” John Rawls, A Theory of Justice, Revised Edition, The Belknap Press, 1999

The first of those two quotations effectively summarized Ronald Reagan’s First Inaugural Address in January 1981. The second effectively summarized Barack Obama’s Second Inaugural Address in January 2013. Ronald Reagan was elected in a landslide vote in 1980. Barack Obama was re-elected by a slim majority in 2012. Nevertheless, a sea change has occurred in the composition and attitudes of the U.S. electorate over that period of 32 years.

To put this shift into perspective, the last presidential candidate prior to Barack Obama’s second-term bid, who chose to run from the left-wing of the Democratic Party was George McGovern in 1972. He lost in a major landslide to Richard Nixon, picking up only 38 per cent of the popular vote. Barack Obama, running on an almost identical left-wing agenda, won with 51 per cent of the popular vote.

In part, this shift in voting patterns is driven by demographics. Immigration policy has tilted for many years against Europeans and in favor of South Americans, systematically biassed against the able and the well-educated in favor of relatively under-qualified new entrants.Second it has been driven by social policies – social security, medicare, medicaid most significantly – designed to make individuals dependent on D.C.. Third, it has been influenced by a media seemingly blind to the old-fashioned American ideals of rugged individualism, desire for freedom from government, and the Protestant work ethic, and seduced by the rhetoric of socialization of all risk. Fourth, it has been aided by the cult of political correctness that insists on never calling a spade a spade when it might conceivably tilt against the Rawlsian concept of the difference principle.

The outcome, on January 21, 2013, is that a newly-elected president of the United States could get away with handing over the White House to bum square. Viewed from that perspective, Obama’s entire address was a calculated insult to the Founding Fathers, delivered only because he knew that the attending press were pattsies for a bum square program of welfare relief and immigration ‘reform’ designed to take the United States on an irreversible road to economic and moral decay.

Barack Obama is no Thomas Jefferson and no James Madison

January 24, 2013

In January 2013, three interconnected domestic problems dominate the United States. They are (1) the national debt; (2) the rate of economic growth; and (3) the level of unemployment. These issues must be addressed without impacting adversely on the rate of price inflation. Any president able to nudge the economy in good directions on each of these issues would deserve high ranking in the presidential hall of fame.

Unfortunately, these are not the issues on which President Obama has chosen to focus during his second term, at least from the perspective of his inauguration address.The evidence is as follows:

President Obama’s address was 2,108 words in length. Of these he expended 45 words in three sentences on the economy, 19 words in one sentence on the deficit, and 155 words in six sentences indicating that entitlements would not be cut.

In contrast, Obama expended 160 words in six sentences on climate change, and 358 words in ten sentences on equal pay for women, access to gay marriage, the repeal of laws requiring photo-identification to vote, immigration reform, and gun control.

The remainder of his address demonstrated a fundamental lack of understanding of the 1776 Declaration of Independence. Had he read Thomas Jefferson’s masterpiece with the faintest level of comprehension, he would have understood that the principal concern of the revolutionaries was to protect individual colonists from oppressive government, not to use the coercive power of government to force programs favored by some transient majority upon the people at large. Similarly the Bill of Rights is almost exclusively directed to the same goal, protecting the individual from the state. The only interventionist item in that Bill is to guarantee the individual the right to trial by jury – and that again is a right designed to protect individuals against the state.

So when Obama talks about the need for collective action, as a reinterpretation of the Founders’ vision, in fact he pits himself directly against those Founders’ predilections and great wisdom.

By now all of us have the measure of Barack Obama. And I think that I can fairly state that Barack Obama is no Thomas Jefferson and no James Madison. Thoughtful Americans should compare the words of the Declaration of Independence and the Bill of Rights against those of Obama’s second Inaugural. I have no doubt which they will find the more convincing.

Obama to Boehner: ‘take the deal’

December 20, 2012

Yesterday, President Obama showed his true colors when communicating with the Speaker of the House of Representatives, John Boehner: ‘Take the deal’, he said.

Now, in my Lexicon, a deal is something that is agreed between consenting negotiators. A deal requires consideration on both sides, transfers that move both parties to preferred positions by comparison with the status quo.

 President Obama is a Harvard law graduate who spent ten (albeit unproductive) years on the faculty of the University of Chicago  School of Law. So I must presume that he understands sufficient contract law to make sense of what I am about to state:

‘A contract requires an offer, an acceptance and a meeting of the minds that is identified at law in the concept of consideration’

There are just two explanations for the President’s turn of phrase. Either, he remains basically uneducated, despite his qualifications, accumulated perhaps on the basis of misplaced affirmative action. Or, he is donning the outfit of the highwayman, and holding a pistol at the head of the passer-by: ‘Your money, or your life’. At  law, the passage of money to the highwayman in return for the life of the passerby does not constitute a contract, and hopefully, it never will do so.

If the second explanation holds, then Barack Obama is attempting to act like an autocrat.  Fortunately, the wisdom of the Founding Fathers still constrains his ability to force anyone to ‘take the deal’.  The Highwayman Presidency has not yet come to pass in the so-called Land of the Free.


Follow

Get every new post delivered to your Inbox.

Join 68 other followers