Touche. I suppose I expected this. The President goes after Fox News… Here’s one link… and also a link to Hot Air’s story about this. It’s the only channel on the dial where conservative and libertarian views get a fair hearing. So, naturally, the President would feel like Fox’s sole aim is to make life difficult for him. I’ll leave it to the reader to watch Fox News sometime and make up your own mind as to whether they are balanced in their coverage or out to get the President.
However, I’d like to point out that if he really CARED about the conservative or libertarian perspective, and he wanted to be President of ALL Americans, he would be bi-partisan and come on Fox News once in a while to answer questions. The reason most conservatives and Republicans have problems with Obama is the President shows zero inkling towards wanting to meet them halfway. At some level, Mr. Obama will have to realize that bashing your opposition can and will backfire.
Americans voted for Mr. Obama because President Bush basically went silent during the last 2 years of his last term. He also did not do a good job of putting PR people in his cabinet that could carry the messages of the day from the White House. The combination of this and his unwillingness to go personally after liberals on the Iraq war cost the Republicans any chance at victory in 2008. John McCain being chosen as the nominee was the straw that broke the camel’s back.
I’m not going to repeat the often spoken criticism that Obama is a socalist or a Marxist. I’ll leave that for you and history to decide. But, Obama will have to figure out how to govern from the center, or face a big correction in 2010 when the House gains a number of Republican seats and he loses several seats in the Senate.
Meantime, we all have an obligation to insist that the government as a whole stop the process of doing things that are counter-intuitive:
- Proposing healthcare legislation that is going to add $1 trillion to the debt, over and above what has already been allocated. In other words, we start Fiscal Year 2010 in October with the government running a $2 trillion deficit. Now, add $1 trillion on top of that during the next 10 years. Sure, it is only $100 billion average a year, but even the Congressional budget office says that the proposed plan will NOT insure everyone it is supposed to. About half the pool of uninsured people will still be left out in the cold. Seems like an expensive $1 trillion to spend…
- Pushing the secured creditors to the back of the line at GM and Chrysler during the bailouts so that the government and unions could take first and second position respectively in equity. The bond holders had contracts with GM and Chrysler which were nullified, effectively. The Supreme Court was asked to step in and declined to. So, firemen, teachers and other public services workers, plus ordinary Americans who had bonds invested (which are supposed to be a good hedge against risk) now are left with essentially nothing. Someone remind me again if you choose to diversify AWAY from stocks into bonds, you usually PRESERVE your assets. When did that little rule of economics go out the window???
- The government also shows little inclination to address the fact that tax rates here in the US are beginning to exceed those in Europe. Over time, this will lead to US companies setting up in Europe, or offshore. Even if they pay taxes to re-patriate income from overseas, many companies will still come out ahead. In fact, with the spectre of inflation coming back… The dollar is going to lose purchasing power, providing an incentive for corporations to locate to other regions where the organic currency goes farther than the dollar.
So, that’s the evening update for today. Keep an eye on these stories by coming back here. Thanks for dropping in.
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