Though I make no claims of being a financial wizard, or a political maven, even I can see that all is not right on Wall Street, D.C. where the heart and soul of our country is on life support, currently being administered to by second graders who want to be doctors when they grow up. And, I’m sophisticated enough to recognize that a lot of what I read about our dire national situation is presented in the media by people representing the political party so far out of favor they have to look to bloviating blowhards for advice, or worse, can be made to appear to need to do so. I get that. However, in spite of all that, the forces pretending to represent the white-hatted good guys in this classic Adventures in Administration movie, armed with their heralded sky-high approval ratings for their poor man’s Dark Gable leading man, simply can’t mount enough of a stampede to disguise the fact that the dustcloud that follows them like Charlie Brown’s pal Pigpen’s is not the result of riding hard and strong over the dusty trail, but merely the wispy smoke trails from their “throw ’em off the path,” hastily built, diversionary cookfire. In other words, they got nothing.
Stalwart bastion of the Obamedia protection service, Salon Magazine, has an article by former Clinton labor secretary and Obacolyte, Robert Reich, in which he pitifully attempts to pooh-pooh rightwing claims that the Obamessiah himself is responsible for our economic woes by trying to lay them at the feet of the finger-pointers:
When it turns out that people like Lloyd Blankfein, the CEO of Goldman Sachs, who took home $68 million in 1997, was the only Wall Streeter in a meeting last September at the New York Federal Reserve to discuss the initial AIG bailout with Tim Geithner, then New York Fed chair, among others, at the very time Goldman was AIG’s largest trading partner, a distinct scent of self-dealing begins to emanate. When it turns out that Citigroup got a bailout deal last October far more generous than that given to any other distressed bank, when a top Citi executive was advising the Treasury and Fed, the scent increases. Goldman’s past CEO was treasury secretary at that time, by the way, and another former Goldman CEO was a top Citi official and also a former treasury secretary. I am not suggesting anything so crude as corruption. But could it be, given these tangled webs, that — innocently, unintentionally, perhaps even subconsciously — the entire bailout effort was premised on saving these companies rather than protecting the public? Or that the distinction between the two was lost, and still is?
Yet, Reich gleefully and disingenuously, ignores the fact that the people he’s defending his ObaMaster against are the people who funded his campaign. Not only that, the central figure in Reich’s little morality play, Turbo Tax Timmy Geithner, tax cheat, (TTTG,tc) has a family history of sorts with Barry Sutoro, and is currently employed as the Blameless One’s lapdog and whipping boy. To point out that he may have colluded with the banksters against the public in ripping off the country on the other team’s watch is…well…stupid.
Why would anyone purporting to defend the Obama administration draw attention to the man quickly becoming the public face of its incompetence? Especially when the author can’t even make it through to the end of his own piece without acknowledging at least some of the complicity of the Obama Drama Troupe?
The Wall Street and Republican media attack machine doesn’t know exactly what to make of this. The Wall Street Journal’s editorial page, along with CNBC, alternates between attacking Obama for bailing out Wall Street and excusing Wall Street’s excesses. But then again, Obama doesn’t seem to know exactly what to make of it either. He seems to vacillate as well — one moment scorning Wall Street, the next moment justifying further bailouts. I do hope he takes a firmer hand, drawing a clearer distinction and making a clearer connection between clearing up these financial balance sheets and helping average people. Otherwise, the next populist uprising will be born in this moneyed quagmire. It is here — within the muck that was created by AIG, Citigroup, Fannie and Freddie, other giant financial institutions, now in combination with the U.S. Treasury and Fed — that the public is most confused, bears its most serious scars, and is potentially most burdened in future years, by decisions still made in secret.
Of course AIG is, and has been, raping the nation with a bayonet-tipped, Black and Decker, turbo-powered dildo; so, too is Citigroup, Fannie, Freddie, Timmy, Barney, Benny, Obie, Larry, Curly and Moe. And while gross negligence, inexperience, and incompetence are slightly less odious than thuggery, thievery, and trickery, when considered on as grand a scale as the one under discussion, “oops, did I do that?” becomes as insulting as it is improbable.
CBS News reports that TTTG,tc is, for some reason, single-handedly ripping off the country, given that he has not been bothered with putting together a staff. Thus, the man in charge of fixing the potentially “catastrophic” economic problems we face is not only winging it, he’s “flying solo:”
For five weeks, Treasury Secretary Timothy Geithner has battled the worst economic crisis in generations with no key deputies in place. That’s made for a rocky debut for the man President Barack Obama put in charge of addressing the financial crisis.
With an awkward first television appearance, a bank rescue plan that lacked promised specifics and two restructured bailouts that raised taxpayer risk, Geithner has failed to calm financial markets desperate for answers.
Critics say part of the problem is that Geithner is flying solo: Not one of his top 17 deputies has been named, let alone confirmed. And without senior leadership, lower-level Treasury employees can’t make decisions or represent the government in crucial conversations with banks and others.
His boss is on no firmer terra, either, what with pissing off visiting world leaders on his own turf while preparing to embark on an offensive into friendly enemy territory regardless of how diplomatically ill-equipped he has shown himself to be. Yet, his uncanny ability to garner approval from the sheeple should see him through abroad as well as it does here, like when he shows his commitment to the people by gathering disparate forces resistant to hot-button issues like healthcare reform, into one location, and breaks them up into study groups so they can explain to each other why they won’t be implementing any substantial changes to the current system any time soon.
Such is the charm, or strong arm, of the Spokesmodel-in-Chief, that even his staunchest critics couch even their legitimate gripes in hopeful appeals for a more palatibly flavored KoolAid, rather than risk the ire of his West Wing Astroturfing media storm troopers. Even his stanchest defenders, rapidly becoming disillusioned, are more comfortable ascribing his shortcomings to everything but incompetence, let alone, deliberate deciet. Such is the ferocity, skill and effectiveness of said blitzkriegers that their outrageous tactics hardly register a blip on the radar screen of public consciousness.
So, with stories of the Lightbringer‘s administration’s dedication to truth being trumpeted far and wide, while questions of high level staff impropriety are whispered into the wind, and big, fat, hard to blow over, straw men are built as decoys to divert attention from the fact that pre-appointees are jumping ship like telepathic Titanic passengers, we are only afforded glimpses into the reality of our Dear Leader’s frustrations with the difficulties of presidentin’. Only when overwhelmed to the point that he and the Missus have to break out and bust a move, or hop a jet or helicopter to someplace exotic like, the homeland of Roland Burris, remember him? do we get a sense of how difficult it is to read speeches from a TelePrompTer every day. The fact that his visits often coincide with other significant events, like the release of affidavits, is of no consequence.
Sure, presidentin’ is hard, George Bush told us that. But, as his successor is proving beyond a doubt, presidentin’ is a lot easier when people are so busy watching the show, they’re not really paying attention to the 800 pound gorilla taking a dump in the middle of the room.
Cross posted at Cinie’s World
Filed under: Barack Obama, Politics | Tagged: AIG, Barney Frank, Ben Bernanke, Citigroup, Fannie Mae, Freddie Mac, George Bush, Goldman Sachs, Gordon Brown, Greg Craig, healthcare reform, PUMA, Robert Reich, Roland Burris, Rush Limbaugh, Timothy Geithner |
Cinie-Obama is a Tool is my total take on the Pampers in Chief.
Great post by the way…
First!
Great post. It sums up….almost everything! It’s life cliff-notes!
Second…
I third the comment!
(bowing)
Thank you! Thank you very much!
Oh and Cinie using the word Gorilla in a thread about the Pampers in Chief/Dear Reader could be construed as R@cist!
Yougo girl-I havent been called R@cist in a day or two…
Fuzzy, I am immune from the “racist” smear. Not because I’m black, but because I don’t care what stupid people call me.
me too Cinie…when some one suggests it to me I say:
“Gosh with my attention so focused on the rampant Homophobia and Misoginy in the world I completely forgot about R@cism. I will schedule in a comment about in when Women are Equal and the LGBT community can get married and hold hands in the street with out fear of sudden death.”
yep that about sums it up.
Yeay!
As for Robert Reich, he back stabbed Clinton too. But made me hate his guts was in 2000, during the recount, he went on WNYC (our local public radio) and declared that Gore should concede already . Then he wrote a take off from Monty Python dead bird skit on the Democratic Party in the NY Times. As if they actually lost the election. So, I’ll never trust anything coming from that tiny mouth, whatever claims to be progressive he might make
The “!Best!” one I heard so far: The villagers are so aware of the ripping off they are managing on the American people, they now refer to the Stimulus Plan as FYGK.
Guess… Anyone? Bueler? Bueler?…
Well I give it to you: f^%#@ your grand kids!!!
I don’t know about you but I am pass laughing and I just getting plain furious.
I agree with you FN, about the being past laughing, but as every good “community organizer” knows. ridicule is a powerful weapon. We must wield it generously.
Ridicule will get under the skins of O and his supporters faster than anything. It’s an ego destroyer.
Great post!!!!!
This was a great post. I wait with eagerness for the time when people begin to wake up about this Administration. I think an Obot who wakes up will be very interesting to hear from.
Are any readers here newly enlighteded Obots? Come on, we will be supportive.
NH last tuesday I soft sold two of the guys at my steak night with the obots that I convinced them that Pampers flapping his jaw was why their portfolio went from $ 150k to $ 75K…..
as the BP commercial says …..
ITS A START!
A friend of mine called me this week, and said, “You were right about Obama.”
D-huh!
A friend e-mailed me after Obama picked Rick Warren to say “You were right.” He now refuses to read any news stories about Obama. But I try to force him since he helped put Obama in the White House in the first place.
The headlines we should be seeing…
“Dow Drops After Pampers Jawbones”
” While Pampers Talks American Workers Walk(to the unemployment line)”
“Obama Declares Worst Over as Signs $ 2.5 Trillion Bailout”
LOL!
Yup. It’s a good thing George W. Bush warned us about the “hard work” it is being Preznit. And after all, Obama hasn’t ever had a full-time job before. Poor thing. Maybe he needs another vacation. He’s only had three so far.
Great post, Cinie!!
Thank you BB. Maybe the Obamas will squeeze in a vacation before he heads across the pond. But, if he gets a dog, probably not. Remember, your life changes inalterably when you finally get your kids the pet you promised them to look good on the news.
Those poor girls are never going to get a dog! Why don’t they just go down to the pound and pick one out? That would be a great photo op for our hard-workin’ preznit.
I was talking to an old friend of mine a couple of days ago. She told me she had been thinking about how back in the ’80s I used to rant and rave about what Reagan was doing to the country. Then she said, “you were right all along.”
Things must be really slow over at the “C” list blogs these days – they keep trying to pick fights just to increase traffic:
{{Yawn}}
BTW – Notice the plural on “sites” and “blogrolls”
Oh gosh. I’m so upset. Not.
Yeah, purged them like purging after taking a laxative.
It sure is fun being at the ‘cool table.’ Everyone wants to be us and they can’t stand it. 😉
I feel like I’m in a remake of the Poisiden Adventure.
“Free Us Now”
http://www.blogtalkradio.com/NO-WE-WONT/2009/03/31/FREE-US-NOW
http://www.americanthinker.com/blog/2009/03/geithner_deflation.html
“”We’ve got to have a fall guy.”
— Sam Spade, The Maltese Falcon
Barack Obama is not known for his loyalty. In fact, he’s known for having none at all.
He’s thrown his close friend and mentor Jeremiah Wright under the bus. He’s even — very publicly — thrown his own grandmother under the bus. So now, with the financial markets going on what a Wall Street Journal editorial said is a “capital strike,” Obama needs someone to take the blame for his own disastrous handling of the nation’s finances.
So, I give Obama two weeks, three at the outside, to throw Treasury Secretary Geithner under the bus.”
________________________________
Wonder is Timmy is being set up to take a fall now?
Yes, they’ve been getting to work on making Geithner a fall guy and Axelrod a good guy. Can’t find the cite for a NYT piece doing that.
Okay, found the cite.
h….w’s
google.com/search?rlz=1C1GGLS_en-USUS299US303&sourceid=chrome&ie=UTF-8&q=NYT+axelrod+geithner+banks+prevailed
or
www
nytimes.com/2009/02/10/business/economy/10bailout.html
How can Obama distance himself from Geithner? Geithner was his guy. Geithner was the only person, Tax Cheat or not, that could ride to the rescue. Until he didn’t.
Even the media will have a hard time separating the two. However I have all the faith in the world in both the Obama Administration’s mendacity and the equally mendacious media that they will find a way. Maybe clain Turbo Tax Timmy was inherited from Bush too? Nah, that will never fly.
And, I’m sophisticated enough to recognize that a lot of what I read about our dire national situation is presented in the media by people representing the political party so far out of favor they have to look to bloviating blowhards for advice, or worse, can be made to appear to need to do so.
I’m not sure this is true anymore. The media has been completely in love with the idea of BO since last January, and are determined to present him in the best possible light in all circumstances. CNN has spent a week on MO’s arms for God’s sake. Everything has been turned upside down, and I think the right wing outlets are actually telling more of the truth than the Left at this point. They are the only ones exposing Obama’s dishonesty and competence. That’s why they are attacking Limbaugh et. al. If they can eliminate them (and FOX), then it will be all O-love all the time.
I am not talking about ideology or political philosophy of course, just some modicum of “investigative” journalism (ie: actions vs. words), rather than the People magazine version of the news that the MSM has become.
Since a lot of what I read is critical of Obama, a lot of it comes from “the dark side.” The majority of the coverage makes me barf, so I avoid as much of it as I can. I do read more from a variety of sources than I watch on tv.
What MSM is not covering is the kool-aid having reach its expiration date in England.
Not only Gordon was treated very poorly border line humiliating, but the First Lady of England was treated even worse. Major protocole faux pas. Cheap gifts from the Whte House gift shop purchased by an intern at the last minute all $30.00 worth of them, for the Gordon children (Made in China replicas of Marine One) and a set of non compatible DVDs for Gordon.
Can it be even more embarrassing? The English Press is crucifying Obama on both sides of the isle.
But, but, he called Brown the next day, and said, “we cool, right?”
http://thecaucus.blogs.nytimes.com/2009/03/04/we-really-really-like-you/
“I’d like to think that our relationship is terrific,” Mr. Obama said when asked by a British reporter about the health of the partnership with Mr. Brown. “I’m sure he won’t dispute me, in front of me, anyway.”
Of course he won’t not after Soros last attack on the Bank of England. The English learned the hard way you don’t mess with Soros or with Soros’ protege. At least for now….
But, isn’t that sort of a brazen thing to say in the first place? Kinda threatening.
Translation:
‘I bet he won’t say that shit to my face.”
He is brazen, totally so.
IN-competence, not competence!
Cinie, you have restored my faith in a lot of things that I thought were dead and gone inside of me…
I feel like I’m in a remake of the Poisiden Adventure.
So are you Shelly Winters?
Who? I know who Shelly Winters is, but who’re you talking to?
She was the solid/rock female who gave others courage. 😉
Yes…and I’m swimming but there’s no ‘other side.’
I know who Shelly Winters is, but who’re you talking to?
SOD
As for myself I’d rather play the young Gene Hackman priest character but I’d probably get stuck with Ernest Borgnine’s part.
You are too naughty for the priest role, hate to break it to ya!
OK, NOW I am totally gloom and doom…we are either going to hit a financial ice berg or a MEGA WAVE financial saunami is going to tip us all over and only a symbol of courageous folks will survive.
Hijole! Were is my life vest? 😯
OT: AP finally takes note of Palin’s pick for the Alaska Supreme Court.
http://enews.earthlink.net/article/nat?guid=20090306/49b0add0_3ca6_1552620090306-1690142151
I want to photocopy that article and send it to every woman I know who told me she was voting for Obama because Palin was too “scary.” Unfortunately I only have a couple of reams of paper in my office.
I’ve heard that she doesn’t just appoint some one out of the blue, but in Alaska she has to choose from a pool given to her, and she choose this one over the guy that was considered to be too much of an environmentalist
I think a lot of states have this way of appointing Supreme Court judges. A panel presents a list of candidates and the governor must choose from that list. It sounds like there were two names on the list Palin got and the guy was being pushed by that Family Council organization or whatever the hell they are. They said he would not legislate form the bench, etc, etc. Palin chose the woman instead.
Yes, Palin had to choose from a list of two. However, why would we think she would choose only on issues (choice vs environmentalism) instead of on qualifications?
(And does anyone have a cite for the ‘environmentalist’ charge? I’ve read several stories on the appointment, none of which mentioned that. One conservative site excused her by saying she chose the independent over the liberal.)
I like Heidi Li’s take: Something normal happened. A qualified woman appointed a qualified woman.
Another excellent post, Cinie. I could read your writing all day!
Yep for sure — Cinie is da best!!!
Is he actually doing any work Cinie? I thought he was too busy traveling around the country running for re-election? Although he did take time away from his travels to be “rudeness personified” to PM Gordan … that must’ve taken some effort!
great post as usual!!
I have a question: Has Any one Rules for Radicals?
i’ve been reading some of his rules, and they do sound like obama campaign tactics: like this one
RULE 12: Pick the target, freeze it, personalize it, and polarize it.” Cut off the support network and isolate the target from sympathy. Go after people and not institutions; people hurt faster than institutions. (This is cruel, but very effective. Direct, personalized criticism and ridicule works.)
Wow, they used rule #12 on me?!? Lordi! 😯
http://www.geocities.com/WallStreet/8925/alinsky.htm
read some of these:
RULE 8: “Keep the pressure on. Never let up.” Keep trying new things to keep the opposition off balance. As the opposition masters one approach, hit them from the flank with something new. (Attack, attack, attack from all sides, never giving the reeling organization a chance to rest, regroup, recover and re-strategize.)
RULE 9: “The threat is usually more terrifying than the thing itself.” Imagination and ego can dream up many more consequences than any activist. (Perception is reality. Large organizations always prepare a worst-case scenario, something that may be furthest from the activists’ minds. The upshot is that the organization will expend enormous time and energy, creating in its own collective mind the direst of conclusions. The possibilities can easily poison the mind and result in demoralization.)
RULE 10: “If you push a negative hard enough, it will push through and become a positive.” Violence from the other side can win the public to your side because the public sympathizes with the underdog. (Unions used this tactic. Peaceful [albeit loud] demonstrations during the heyday of unions in the early to mid-20th Century incurred management’s wrath, often in the form of violence that eventually brought public sympathy to their side.)
RULE 11: “The price of a successful attack is a constructive alternative.” Never let the enemy score points because you’re caught without a solution to the problem. (Old saw: If you’re not part of the solution, you’re part of the problem. Activist organizations have an agenda, and their strategy is to hold a place at the table, to be given a forum to wield their power. So, they have to have a compromise solution.)
We (not us as in PUMAs, but them as in Democrats and Americans at large) we so had! I believe the expression is: set up like a bowling pin.
Interesting, I will have to get the book. Oddly enough no Republican ever attacked me personally, and I was a ‘party’ person and a loyal volunteer. 😥
This one seems like a natural for Obama. He’s verrry good at it.
try this one:
RULE 3: “Whenever possible, go outside the expertise of the enemy.” Look for ways to increase insecurity, anxiety and uncertainty. (This happens all the time. Watch how many organizations under attack are blind-sided by seemingly irrelevant arguments that they are then forced to address.)
Three and twelve were the ones I used to illustrate the Rush Job.
Alinsky-izing Limbaugh
http://cinie.wordpress.com/2009/03/04/alinsky-izing-limbaugh/
Cinie, I remember reading that … that’s why i started looking the rest of them up …
WordPress or Firefox is going blooey right now, so I’m gonna chill for a momo, see what happens.
Oh Cinie, I wish I knew about your blog in ’04 when I was so depressed I could barely function. Did you have a blog back then? Thank you for being hilarious and wise and saying everything that needs to be said.
I am starting to think we are in some kind of parallel universe. Only our party could think that making a scapegoat out of the guy who Our Hero picked and fought for despite serious objections absolves him of responsibility, validates his judgment or makes him look like anything other than a stooge. What is going on?
Well, for one thing, Geithner was in the Clinton 90s Treasury and is still a strong ally for Hillary, according to someone I respect greatly. Not long ago it was said that she and G as new Treasury Sec would be working on a recovery plan for the world economy.
Maybe Axelrod and Obama’s other campaign people didn’t like that.
I haven’t heard of a current Hillary/Timmy alliance outside of their Obie mandated working relationship. But Geithner had the inside track for Treasury Secretary at least since August, and I think before that, but those old links suggesting so have been hard to find lately.
Hillary and Geithner working together on the world economy might be mandated (thought I like to think it’s Hillary doing the mandating).
What I got from a very knowledgeable person at h44 (wwboei) is that they have been friends/allies for a long time.
Thanks, Seriously, but no, I just started blogging this summer in response to what I observed going on in the Dem party.
Thanks for doing so, You site is great and I love your style.
I think this is an interesting news item from 11.21.2008.
ABC News: Stocks Soar on Reports of Geithner as Treasury Secretary
http://tinyurl.com/cntp36
That didn’t last long.
I love reading Cinie’s blogs. The only complaint I have is that every time I read a pumasphere post that nails it I wonder how long the world could possible exist when all the smart people are here and the dumb people are in the white house…..
Aww, thanks, Jenni, but you know what? Reading all the smart people here restores my faith that there must be at least a few stealth-PUMAs lurking around the White House and Capitol, stalking, lying in wait for the right time to pounce and save these loony people (and the rest of the world) from themselves.
At least I hope so.
I’m in moderation at 11:33
Well, MoDo already told us Barky was like Mr. Darcy. (Clearly he’s Mr. Darcy of the first half of the novel.) So we must take Elizabeth’s advice on how to punish Barky for his shocking, abominable speeches. “Teaze him — laugh at him,” Elizabeth advises.
An encouraging number of people wrote in that Obama wasn’t Darcy, he was … oh, the glamourus soldier who went around telling lies about Darcy, which Darcy didn’t bother to answer.
I’m relieved to know that. Wickham was the lying scoundrel. And as we may recall, Wickham made a great first impression but the more people got to know him, the more they detested him….
Nice post, Cinie.
Pointing out how bad PBO is makes me extra glad that Hillary seems to be working on her own as President of everything but the United States. She is representing us well and is currently Obama’s only hope at looking good.
If he were smart, he would figure out a way to get her helping on not just the economy, but also health care (both so intertwined with each other).
I think she has met just about every major world leader or representative (except Kevin Rudd, but I’m sure she will make her way down here. Maybe she is waiting for the Wet Season to be over before she joins me in my bed! 🙂 )
I hope that the msm will learn their lesson. When HRC is warmly appreciated in other countries our msm’s mockery of her seems shallow and stupid.
Oh, boy. Surgeon General Howard Dean?
http://www.reuters.com/article/politicsNews/idUSTRE5256RL20090307
http://politicalticker.blogs.cnn.com/2009/03/06/democrats-pushing-dean-for-surgeon-general/
Assorted coments from that blog:
Apparently qualification isn’t important, nor ability, it’s how you feel:
“Dean would serve us well as Surgeon General. Despite his quacks and shortfalls, the man’s heart’s in the right place.”
“Howard Dean as Surgeon General would remind me of Dr. Nick on The Simpsons, proud graduate of West Hollywood Upstairs Medical College.”
He still would be 1000x better than anything the GOP would choose.
Over at hillbuzz they have an interesting post about Emanuel having it in for Dean and seeking to deny and humiliate Dean at every turn. It’s a good read. If they are right, then Dean’s nomination would have quite a hurdle to get past our Chief Ballerina.