Obama's Desperation

Recently, Dick Morris said that election attacks take one of three forms: strategic, tactical, or throw everything at the wall and hope something sticks. The third is a clear sign of desperation. About four weeks ago, Democrats started attacking John Boehner. Before and after that, they attacked the Tea Parties. Republicans have been accused of pushing tax cuts for billionaires. Then, Obama and his staff chided some of their frustrated and weary supporters.

Now, yesterday, President Obama again chose to attack another favorite whipping boy. Fox News. 

You had folks like Hearst who used their newspapers very intentionally to promote their viewpoints. I think Fox is part of that tradition – it is part of the tradition that has a very clear, undeniable point of view,

They are even attacking liberal bloggers. 

Greenwald disagrees with Daou’s argument that bloggers like him are the “crux of the problem for Obama.” If anything, he thinks the White House pays more attention to blogs like his, and the effect that they have on the “chattering class and media elites,” than it probably should.

It seems that every week there's a new line of attack by Obama and his allies.

Russ Carnahan: Social Security is Just Fine

As I said in the Joel Pollak  

interview, Social Security operates like a Ponzi Scheme. Current income earners fund today's retirees. As I also suggested, all Ponzi Schemes blow up the time immediately following a good period. The baby boomers now have their bill coming due and that's why Social Security is anything but all right.

Greenspan: Cut Debt over Taxes

Alan Greenspan has weighed in on the tax cut debate.

It’s more important for the U.S. to cut its budget deficit than to extend tax cuts currently set to expire at the end of this year, former Federal Reserve Governor Alan Greenspan said in an interview on PBS.

“The budget deficit problem, I believe, is far more dangerous than most of us contemplate on a day-to-day basis,” Greenspan said in an interview to air on PBS television’s “Newshour.” While low interest rates have made it easy for the government to sell bonds, “assuredly they’re not going to stay here.”

Like most that favor raising taxes on the wealthy to "cut the deficit", Greenspan fails to point out that keeping the middle class tax cut will cost an extra $4 trillion over the next ten years. Why then shouldn't we raise their taxes as well? 

I also don't remember Greenspan vocally objecting to stimulus, TARP and Obamacare, all cost us much more than keeping tax rates on the wealthy the same.

Manchin Wants Parts of Health Care Reform Repealed

The popular governor turned Senate candidate is facing a much tougher race than he expected. He's now only up 2% in the latest RCP average. This is happening despite having about 70% approval ratings statewide.This may explain Manchin's sudden twist on health care.

In Democratic Gov. Joe Manchin's quest to strike a bipartisan chord as he campaigns to fill the late Democratic Sen. Robert Byrd's seat, he's joining the GOP's call to repeal pieces of health care reform.
Manchin endorsed President Obama's efforts on landmark health care reform and voiced support for the bill before and after its passage in March. Now, just five weeks away from a tougher Senate race than he expected against Republican John Raese, the governor said in an interview with RealClearPolitics that he supports many basic components of the law but volunteered that some of it needs to be repealed.

The race will still be tough and we'll see if Manchin does follow through on this promise if elected.

Kup

Interview with Joel Pollak

Here's my interview with Joel Pollak who's running for US Congress in the 9th District in Illinois against Jan Schakowski.

The Obama Trifecta

So, what is in the news today? Velma Hart, the now famous questioner of President Obama in the CNBC townhall, is she the new Joe the Plumber. Second, Bob Woodward's book has the astonishing admission that President Obama chose a withdrawal date because "I can't afford to lose all the Democrats". Third, President Obama continues to be linked to Jimmy Carter.

The wheels have come off his presidency and he doesn't appear capable of fixing things.