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Thursday, April 9, 2009

Kapact's Rant: O.B.A.M.A. (Oh Boy Another Mistake A$S&\#@)

I'm finding it harder and harder to support our President, and I'm really trying. Despite the good that George W Bush tried to do, nobody can really say that he left the country in better shape after eight years in office. Safer, yes, though it cost thousands of lives and billions of dollars. But he is no more a fiscal conservative than Hillary is. Just as you can't tax your way to prosperity, you also can't spend your way there. And Bush spent irresponsibly. Compassionate Conservativism, as Bush tried it, was just fiscal liberalism. Real conservativism, which is compassionate by definition, knows that the government that does least is the government that does best. Every time government tries to improve something by getting its big, clumsy, greedy hands into it, it just makes a mess. And yet, compared to Obama, George W was a dream. Obama embarrasses us at home and abroad in front of foreign leaders. (If you don't believe that, google Obama and Churchill bust, Obama and HMS Resolute, Obama and speaking Austrian, and Obama bowing to Saudi King). Not only that, but he has done wise things like refusing to let some banks pay back stimulus money. No kidding. He says he has no interest in the government running private businesses until a business tries to get out from under the Obama boot. Several banks have tried to pay money back to the government, but the government has refused. Kind of like when a mob 'invests' a little cash into a small mom and pop store as a way of taking it over. The main difference is that the mob isn't taxpayer funded and supposed to be representing mom and pop. And of course, the mob would be more honest. Mr. Obama talks a very good game when he has a teleprompter, but I'm predicting that he's nothing but Jimmy Carter with a socialist bent. I just hope that we're blessed with another Reagan to pick up the pieces in four years.

Repeating From Last Week:

The housing meltdown which is at the heart of our crisis started in earnest in 1992 when Mister Clinton had the great idea to sell houses to low-income voters who couldn't afford them. No question that both sides ignored the problem but got rich off the over-inflated bubble, but it started under Bill Clinton. The records are there. Here are a few links that show just what I'm talking about:

From The New York Times in 1999: Fannie Mae Eases Credit To Aid Mortgage Lending ( "Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people..."

From the New York Post: Alarms and Denial (

Bloomberg Financial News: "How the Democrats Created the Financial Crisis" (

YouTube: Democrats in their own words (

YouTube: Burning Down the House (

YouTube: Obama Ranks Second In Freddie/Fannie Contributions (

Now I'll repeat what I said last week. First and foremost, this economic crisis has roots in the Clinton administration. Clinton ordered that home loans be given to families that could not pay them. Granted, Bush should have seen the meltdown coming, but it's a time bomb that Bill Clinton planted under the house. It's up to President Obama to set the tone and the course to rebuild our house. We all share responsibility for doing the hard work, but the President is the boss. The buck stops in the Oval Office. And speaking of the Oval Office, I have to admit that I have liked a fair amount of what I've seen of our new President. Words are cheap, and politicians are good at saying things people want to hear. At the same time, we need this presidency to be successful, and he can't succeed without our support. So while I'll be quick to point out everything that I see him do wrong, I'll also try my hardest to point out everything that I see him do right. I saw him talking to Matt Lauer just before the Superbowl, and he looked, unlike candidate Obama, like a man with humor and compassion and an appreciation for the humanity of the people that make up this country. He was funny and self-deprecating and seemingly unscripted. That man will have my support for as long as he occupies the White House. When he stops being that man, I'll stop supporting him.

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