Sunday, January 23, 2011

What Do You Think About Obama Reinventing Himself As Pro-Busniness?

Is this a good move for Obama? Do you think that the right-wing will believe that he is pro-business now? I don't think this new outlook is meant for the right-wing. And if it's pro-business then we all can agree that he isn't doing it for the left-wings benefit either. Obama has lost the center of the country and this is how he plans on gaining them back. The problem is I don't think the center will just take his word for it anymore. You know "once bitten twice shy". People have heard more then enough from this president. They want to see actions that match his rhetoric. Do you think that Obama could be alienating his far-left base by changing from anti-business to pro-business? How do you think he will use the Republicans and Democrats in Congress to get some pro-business legislation?


  1. Last January He Said he would Laser in on JOBS and then Poof Jobs Economy and Deficit were thrown to the wind for his Socialized Insurance.

    That took priority over CITIZENS concerns about Jobs/Private Sector which are the key to OUR Countrys recovery.

    Now since Mid Terms he seems to be Pivoting and saying JOBS are now his Priority. Myself If hes coming back to the CENTER I will have to see alot more. Hell most of the first 18 months of this regime Private Sector Business and Chamber of Commerce were the enemy.

    The left is not happy with this regimes direction and has not been for some time. Regime I beleive has discovered he cannot win re election with out going to the CENTER.

    I cannot beleive Obama will change his Ideaology to get Re elected. What he says and then what he does have differed in the past and I suspect they will again. Just cant see him Changing to moderate Demoncrat just CanT!

  2. Where are the jobs Mr.President? I can't believe that the democrats have already started to blame the republicans for not creating any jobs, over the last few weeks.

  3. Smoke and mirrors.

    Last two years should have shown anyone he is nothing but a socialist.
    During his campaign he put on his sheeps clothing, but once elected he took it off to reveled his true identity.
    A Wolf.
    Don't anyone be lulled in to another Wolf in Sheeps clothing again!

  4. President Obama has always been pro business.

    The stock market has gone form 6000 to almost 12000 today.

    The health insurance reform is giving 30 million new customers to the health insurance companies of this country, contrary to the right's rantings that it's a government takeover, nothing could be further from the truth.

    Name a Democratic policy that is anti-business.

    Even Wall Street reform allowed Wall Street to continue giving out outrageous bonuses.

    I don't understand how you can even say President Obama has been anti-business.

  5. well, interesting topic. Light on evidence, long on assumptions but interesting enough.

    I agree with Bruce that he hasn't been a socialist at all. He's operated at a pragmatic level in our world of mixed economies. A leftist move, a rightist move there, and all the while attempting to maintain the centrists attention.

    But you don't believe that both parties prefer mixed economies rather than capitalist ones do you? I figure my whole theory is wasted on you then.

  6. January 2010 State of the Union. I will Laser in on Jobs. 12 months later same qwuestion where are those jobs?

    Seems the whole political make up is just turned around. For almost 18 months regime does nothing for economy/jobs and goes full steam head with nobama care.

    Now Republicans are going after Nobama care and Demoncrats all of a sudden are pro business.

    Read this some where politicans create problems and then campaign against them.......

    My therory on Capitolism is this it works. Cannot think of other ISM that has lasted 235 years and is still flourishing. We as a Nation are being destroyed from the inside out like a cancer and if we don't find a cure we will get first hand knowledge on how those other ISMs work. Not something I want to splain to MY next generation.

  7. As 2009 opened, three weeks before Barack Obama took office, the Dow Jones Industrial Average closed at 9034 on January 2, its highest level since the autumn panic. Yesterday the Dow fell another 4.24% to 6763, for an overall decline of 25% in two months and to its lowest level since 1997. The dismaying message here is that President Obama's policies have become part of the economy's problem.

    Americans have welcomed the Obama era in the same spirit of hope the President campaigned on. But after five weeks in office, it's become clear that Mr. Obama's policies are slowing, if not stopping, what would otherwise be the normal process of economic recovery. From punishing business to squandering scarce national public resources, Team Obama is creating more uncertainty and less confidence -- and thus a longer period of recession or subpar growth.

    The Democrats who now run Washington don't want to hear this, because they benefit from blaming all bad economic news on President Bush. And Mr. Obama has inherited an unusual recession deepened by credit problems, both of which will take time to climb out of. But it's also true that the economy has fallen far enough, and long enough, that much of the excess that led to recession is being worked off. Already 15 months old, the current recession will soon match the average length -- and average job loss -- of the last three postwar downturns. What goes down will come up -- unless destructive policies interfere with the sources of potential recovery.

    And those sources have been forming for some time. The prices of oil and other commodities have fallen by two-thirds since their 2008 summer peak, which has the effect of a major tax cut. The world is awash in liquidity, thanks to monetary ease by the Federal Reserve and other central banks. Monetary policy operates with a lag, but last year's easing will eventually stir economic activity.

    Housing prices have fallen 27% from their Case-Shiller peak, or some two-thirds of the way back to their historical trend. While still high, credit spreads are far from their peaks during the panic, and corporate borrowers are again able to tap the credit markets. As equities were signaling with their late 2008 rally and January top, growth should under normal circumstances begin to appear in the second half of this year.

    So what has happened in the last two months? The economy has received no great new outside shock. Exchange rates and other prices have been stable, and there are no security crises of note. The reality of a sharp recession has been known and built into stock prices since last year's fourth quarter.

    What is new is the unveiling of Mr. Obama's agenda and his approach to governance. Every new President has a finite stock of capital -- financial and political -- to deploy, and amid recession Mr. Obama has more than most. But one negative revelation has been the way he has chosen to spend his scarce resources on income transfers rather than growth promotion. Most of his "stimulus" spending was devoted to social programs, rather than public works, and nearly all of the tax cuts were devoted to income maintenance rather than to improving incentives to work or invest.

  8. Anon, can i ask a question?

    Did you just hit us with a 2009 blast?

    The Dow is at 11,967.69 today.

  9. The Dow has gone up since Congress was taken by the Republican Party. Before that it was a little up and a little down. If you look at what happened to the stock market after Obama won you'll get a clearer picture. Now do the same when the Republicans won Congress. Do you see the difference yet?

  10. "President Obama has always been pro business. "
    Yes pro at government taking 60% control of GM & Chrysler. Firing of a CEO. Putting limiting salaries, etc.

    "The health insurance reform is giving 30 million new customers to the health insurance companies of this country, contrary to the right's rantings that it's a government takeover, nothing could be further from the truth."
    Yes those evil insurance companies you lefties were ranting about prior to Obamacare.
    And I will invite you to read the Grandfather clause of Obamacare.
    It will control the industry over time, where all will have to operate and purchase their policies through the government run exchange.

    Socialism, pure and simple.

  11. Mark, Mark, Mark, always with the socialism.

    Nothing could be further from the truth.

    Although I assume you saw the poll that shows that in America socialism is more popular than the Tea Party. ROFLMAO.

    If Obama hadn't taken over GM and loaned Chrysler money, they'd both be out of business and 4 million American workers would be out of jobs.

    Insurance companies are evil. They are America's real death panels.

    The American people would be much better off with Medicare for all. 60% of Americans' medical care is already socialized and it works fantastic. Ask your mom and dad if they'd want you to take away their Medicare or Social Security.

  12. No Bruce, please enlighten me with this poll. You know me, I can blow a hole in it in a heart beat.

    GM/Chrysler. Then why does the government still own 60%

    My folks also have their own private policy because Medicare doesn't cover all the things that they need for their healthcare coverage.

    Now would you care to comment on the Grandfather clause of Obamacare?
    Or is it that you know that I can blow a hole wide open on your and Congressmen Cohen lie about 'government is not taking over the heathcare insurance industry'.

  13. Here you go, Mark.

    This Washtington Post Poll question 11, asks

    11. Do you have a favorable or unfavorable impression of the political movement known as the Tea Party? Do you feel that way strongly or somewhat? Tea Party favorable, 35%.
    Also this article shows 52% of American view the Tea party unfavorably.

    In this Gallup Poll 36% of American view socialism positively

    PRINCETON, NJ -- More than one-third of Americans (36%) have a positive image of "socialism," while 58% have a negative image. Views differ by party and ideology, with a majority of Democrats and liberals saying they have a positive view of socialism, compared to a minority of Republicans and conservatives.

    I think 36 is still more than 35%.

    But Mark, your parents still are on Medicare, right? They have a Medicare supplemental policy, and have not forsaken Medicare.

    Ask them what they'd have to pay for a private policy to cover everything Medicare covers. I'm sure they have pre-existing conditions that would not allow them to even get coverage before the health care reform act went into effect.

    Ask them if they'd give up their Medicare coverage. I'm sure since you don't believe in government run health care you have told them they should practice what they preach and give up their government run health care, right?

    I doubt it.

    As for General Motors, would you like to have seen GM go bankrupt and 4 million more Americans out of work?

    By the way, where is that laser focus by the new Republican Congress on jobs? I haven't even heard them mention jobs except in the title of their first bill, Repeal of the Jobs Killing Health Care Bill.

    Oh and by the way, H.R. 2 is to further ban federal funding of abortion, even in private health insurance policies. Sounds to me like jobs isn't even on their agenda.

  14. Nice spin on those polls, trying to compare a poll as it references political rhetoric (Times poll) and the AZ shooting to a gallup poll thats almost a year old.
    You really suck at this, Bruce.

    And what part of this "My folks also have their own private policy because Medicare doesn't cover all the things" don't you get?
    They have already paid in to the Medicare system, by force, so they should get something out of it. But of course Medicare isn't what they were lead to believe it was going to be, now they have to supplement the short fall with a separate policy.
    Government run healthcare DOESN'T work.

    Bruce, why does the government still own 60% of those companies?

    They are a number of bills out there to get government out of the way of business, so business can get back to building up revenues to hire.
    You not paying much attention on congress, are you?
    But at the same time government spending and the debt, along with a budget that the Dems never took care of for 2011 has to be taken care of or government shuts down March 2.
    Thanks to the 111th, the 112th Republicans House has to clean up the mess of the 111th.

    (Grandfather clause??? )

  15. In the wake of the tragedy in Tucson, there has been a renewed focus on eliminating what is being called the "climate of hate" within our political environment. President Obama spoke to this in his meaningful memorial speech when he cautioned that we have been, "far too eager to lay blame for all that ails the world at the feet of those who think differently." While that admonition is appropriate, and while we all would do well to consider it before speaking, the truth is that our "climate of hate" isn't going anywhere for two reasons.

    First, passionate and sometimes rancorous debate is the trademark of free, democratic societies. As a history teacher, I have to admit to being amused by all this talk about how our political discourse has just recently devolved into the odious pit of irresponsibility.

    I wonder if those who believe this would prefer to go back to the respectful days of 1828 when Andrew Jackson's Democrats and John Quincy Adams' National Republicans were exchanging pleasantries. In that most reverential environment, the two sides certainly demonstrated a commitment to keeping their rhetoric above board, focusing on the issues that mattered most to the nation.

    For instance, Jackson accused Adams of having provided a young American virgin for the carnal pleasure of a visiting Russian czar. Adams returned the favor by calling Jackson a military tyrant and a barbarian. Worse still, the Adams campaign disgracefully targeted Jackson's wife Rachel with a merciless string of accusations that she was a bigamist. As it turned out, the accusations were technically true given that when she married Jackson, her first marriage had not yet been officially dissolved. The public shame weighed heavily on Rachel, and just days after having purchased her inaugural gown following her husband's victory, Rachel died of a heart attack.

    So forgive me if I smirk when I hear that calling Obama a socialist or McCain a dinosaur somehow compares to a political environment where the American people were told their choices were either a pimp or the husband of a tramp.

    This is the same point Sarah Palin addressed when she accurately mused that things weren't exactly less heated, "when political figures literally settled their differences with dueling pistols."

    This isn't an excuse for fomenting personal hostilities and animosities, but merely acknowledging that it is one of the potential realities that comes with freedom. When people are given a right to speak their mind, sometimes regrettable words are uttered. The only way to prevent that is to stifle freedom and smother expression. History shows that the consequences of such "prevention" are far worse than anything coming from free and sometimes explosive debate.

    The second reason our "climate of hate" isn't going anywhere is because amazingly, those on the left who have been most responsible for facilitating it don't believe they're culpable. Consider what the New York Times editorial board wrote immediately following Obama's speech: "It was important that Mr. Obama transcend the debate about whose partisanship has been excessive and whose words have sown the most division and dread. This page and many others have identified those voices and called on them to stop demonizing their political opponents. The president's role in Tucson was to comfort and honor, and instill hope."

    In other words, as the standard bearer of the left, the Times opines that Obama agrees with them. In the memorial setting, he couldn't call out the guilty parties by name – that would have been un-presidential – but they have done that for him by exposing all the hate merchants. Really?

  16. Remember this is the same Times that recently gave space for defeated Democrat Representative Paul Kanjorski to lecture us that, "it is incumbent on all Americans to create an atmosphere of civility and respect in which political discourse can flow freely, without fear of violent confrontation." That would be the same Paul Kanjorski who, speaking of Florida's Republican Governor Rick Scott, suggested back in October that, "Instead of running for governor of Florida, they ought to have him and shoot him. Put him against the wall and shoot him."

    To a rational mind, a comment like that causes Sarah Palin's innocuous crosshairs graphic look pretty mild. As does Democrat Senator John Kerry's 2006 quip to alleged comedian Bill Maher that he, "could have gone to 1600 Pennsylvania (then President Bush's address) and killed the real bird with one stone." The Times exhibited no signs of hand wringing over that threatening remark.

    Moreover, to my knowledge the Times has not spent any ink condemning liberal radio host Mike Malloy for his on-air wish that Rush Limbaugh would choke to death, Chris Matthews for his expectation that someone will shove a CO2 pellet into Rush's head causing him to explode, or Ed Schultz's publicly declared desire to take Dick Cheney's heart and, "rip it out and kick it around." The Times hasn't dressed down liberal radio talker Montel Williams for urging Republican Michele Bachmann to slit her wrists, or as he disgustingly put it, "Move that knife up about two feet. I mean, start right at the collarbone."

    That's why all this talk about resolving our "climate of hate" is nonsense. When those who are most guilty of perpetuating it believe the rules of civility don't apply to them, it becomes clear that their supposed crusade for calm is more about slandering the political right into silence than it is about reinstating a dignified debate that never really existed in the first place.

  17. Mark Adams said..."GM/Chrysler. Then why does the government still own 60%"

    Wow, brother you need to keep up with what the government is doing if you want to criticize it.

    The US Government owns 33% of GM currently and 9% of Chrysler

    I'd think twice about your ability to "Blow" anything, because with your outdated info your only blowing smoke and the right wing talking point creators.

  18. Be prepared, Joe, to be blown away.

    Uncle Sam gave GM $49.5 billion in the summer of 09 in aid to finance its bankruptcy.

    Because a loan of such a huge amount would have been politically controversial, the Obama administration handed GM only $6.7 billion as a pure loan. It asked for only a 7 percent interest rate—a very sweet deal considering that GM bonds at that time were trading below junk level.
    The vast bulk of the bailout money was transferred to GM through the purchase of 60.8 percent equity stake in the company.

    Whitacre (GM CEO) claims last summer that GM had paid back the loan to the government, HOWEVER it only paid back the $6.7B of the pure loan. The remain bailout of $42.8 equity stake is still held by the US Government.

  19. Stock Market Up Great for Wall Street.

    Main Street Oops!

    Where are those Jobs?

    Regime will talk of reinvestment from what I hear. That to be is another word for SPEND!

    With both Parties sitting intermingle tonight for the SOTU all that will be missing is a camp fire and songs which I guess could happen later.

    Republicans appear at this time to be on same track as 1994 the "Cant we all get along" theme and how'd that work out. Two party system good for both sides of issue but every time republicans try to get along with demoncrats the same thing happens. Our economy/Jobs will be doomed by BOTH parties and now th MODERATE Republicans seem to be getting awakened from their nap and that will not be a good thing for Country or Party.

    This Republican controlled House has one chance to undo all the damage caused by prior Politicans and if they dont get it RIGHT Republican party will become Irrelavant.

    Just amazed by people who think Wall Street Dow Jones reflects things are better. Unemploytment rate should be the measure of Recovery without it all else will Fail.

  20. Mark, WOW, i am blown away. Your using april 2010 info that appeared on all the right wing sites.

    I'm like dust in the wind...


    In the initial sale, Nov. 18, the government sold 358.8 million shares, raising $11.7 billion and shrinking its stake in GM from 61 percent to 37 percent.


    Underwriters for General Motors Co.'s initial public offering exercised an option Friday to sell more stock — a move that reduces the U.S. government's stake in GM to 33 percent.

    Detnews November 27th

    And if you don't trust them how bout...

    American taxpayers' ownership of General Motors was halved on Wednesday, and billions of dollars in bailout money returned to the federal government, as a result of the nation's largest initial stock offering ever.

    Houston Chronicle Nov. 17, 2010, 10:39PM

    You could have googled the correct answer but instead you went with outdated info. Too Bad.

  21. Should we talk about Chrysler now Mark?

    Mark Adams said...GM/Chrysler. Then why does the government still own 60%

    Care to change that now? or should are you going to blow me away?

  22. Joe your the car guy. Can you tell me how the "Volt" is winning all these awards without actual data showing how great the vehicle will be in both Consumer confidence and sales. To me its like Nobama getting the Noble Peace Prize without anybody actually knowing what he has done for peace. Just wondering your thoughts just seem odd ......

  23. Wasn't Apr, it was August 2010.
    So thanks for clearing that up. I had no idea that they sold off less then 1/2 their stake and broke even...

    MSM didn't report much of this at all. Says something about the news reporting in this country.
    Of course, funny how they got rid of nearly half their stake right after the election....

    So now they are a minority shareholder...
    Wonder when they will dumb the rest of it, so I can go back to buying GM and Chrysler products.

    And since Bruce is avoiding the Grandfather Clause in the healthcare law, I'll take it that he knows what I am talking about and won't touch the conversation.


Please keep it clean and nice. Thank you for taking the time to post you thought. It means a lot to me that you do this.