Thursday, January 28, 2010

A Presidency That Needs Embalming

A very hard-hitting Don Surber post.

It begins:

Obama will not be re-elected

Tonight’s State of the Union address is the least important one since Richard Nixon’s in 1974. The State of the Union address was delivered 8 days ago by the voters of Massachusetts. They killed the centerpiece of Barack Obama’s presidency and without his health care plan, he is nothing.

There is nothing President Obama can say or do tonight that could save his presidency. It is over. He is through. It lasted exactly 365 days. The one year president.

The stench of political death exudes from him. Soon, he will be mocked as his irrelevancy becomes more and more apparent by the week, by the day and eventually by the hour.

Already George Soros has walked out on him.

Reuters: “Billionaire financier George Soros said on Wednesday U.S. President Barack Obama’s plan to impose a tax on large banks was premature and his wider proposals to rein in banks’ activities may not go far enough.”

George Soros does not give a damn about banks. He would break every one of them if he could. He cares only about George Soros and Barack Obama has served his purpose and so George Soros moves on.

The exodus is on.

What doomed Obamacare is that it is boring and he limited himself to needing 60 out of 60 Democratic senators rather than try to work with Republicans. That was foolhardy.

Obama was too young, too inexperienced and too arrogant to realize what he held on Jan. 20, 2009. He had control of both houses of Congress for his first two years — something no Republican president had since Ike Eisenhower. There would be a defection within the first six months which would return control of the Senate to the Democrats under Bush 43.

In fact, President Reagan never had control of the House and yet he accomplished far more than Obama could imagine because Reagan knew how to negotiate. He relished it. He was a master negotiator. He learned that in Hollywood when he headed the Screen Actors Guild, and later he honed his craft as governor of California.

Experience matters. If you can cut a deal with Jack Warner, Tip O’Neill is a piece of cake.

Obama piddled his power away. All he wound up with after a year of these magnificent majorities in the House and Senate was a $787 billion stimulus and the bailout of GM.

Both are abject failures.

The sneering cynicism of the spendathon — a half trillion spent to pay back political favors — now bites him in the seat. He bet that $787 billion on the economy bouncing back on its own accord.

Instead, he scared the market and now, my friends, 12% unemployment and a second recession loom ahead.

Such profligate spending spooked the market. The protests from the Chicago exchange — Rick Santelli echoed the words of the traders — were dismissed. Tea Party protesters were dismissed. Town hall protesters were dismissed.

Sneer, sneer, sneer. Snark, snark, snark.

Obama’s failure to pass Obamacare this fall (and health insurance is a pretty boring subject; all insurance is) left him with the just the Expensive Stimulus That Stopped The Economy.

On January 19, 2010, those traders, Tea Party types and town hall protesters dismissed him.

Bravado about still passing a health package is just that. Technically, it is doable. But every Democratic senator and congressman who is not snorting Kos knows it is political suicide.

Evan Bayh is not surrendering his Senate seat this year for Obama.

How many more examples do you need?

Congressmen from safe seats have seen their odds downgraded to likely Democrat or even leans Democrat. Obamacare cannot save them now; it can only accelerate their declines in the polls.

So what is he left with? Cutting the deficit by freezing a tiny sliver of the appropriations? Don’t make me laugh.


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