Monday, March 16, 2009

What's Obama Up To Lately?

1) Socialism Comes To America, And You Better Believe It
By Herb Denenberg, The Bulletin
The Advocate
Monday, March 16, 2009
Coming to a country near you: Labor contracts dictated by federal arbitrators who know little about the businesses they will be regulating by their decisions, and the advent of near universal unionization. The country near you is your country — yes, the United States of America...

...Employee Free Choice Act (EFCA) backed by President Barack Obama and the Democratic Party, now the far left party... any American should know, the secret ballot is essential to any election process — whether a national election or union...Now the Democratic Party has moved so far to the left... This EFCA controversy tells you how the Democratic Party has become totally radicalized and how it has sold its soul to the union bosses. When you’re willing to sacrifice the secret ballot on the altar of political expedience, you’re morally and intellectually bankrupt

If you think you’ve seen the beginning of socialism, you haven’t seen anything yet. Mr. Obama’s socialist revolution is going to take place on all fronts...

We have to decide whether we want a radical, socialist, leftist approach or the traditional approach that has produced the greatest country and economy in the history of the world. We have to decide whether we want to be another France or the same America. We better remember the threats to America are not all external. And we better not forget that eternal vigilance is the price of freedom.

2) The Republicans can take heart as Obama staggers to the Left
The President's recent display of liberalism – and confusion – can only help the opposition, says Janet Daley. (The

The question of who Mr Obama really is, and what he truly believes, underlies the growing list of Very Odd Things that seem to be happening under his administration
By Alex Spillius in Washington
Last Updated: 8:26PM GMT 15 Mar 2009
Mr Obama is changing his rhetorical course after criticism from fellow Democrats, including former President Bill Clinton, that he has sounded too negative in the first weeks of his presidency.

This week he will speak forcefully to Congress and the public about the need to pass his $3.6 trillion budget, which will double the national deficit, while stressing his belief that there is hope ahead.
Mr Obama's sky-high approval ratings have fallen in the past couple of weeks amid widespread gloom over the economy. His approval rating is between 56 and 60 per cent, lower than George W Bush's at a similar stage of his presidency.
Posted by: Gerald Warner on Mar 16, 2009 at 08:57:05
...Seizing upon a few flimsy straws in the wind that might support cautious optimism ...the White House began talking up the green shoots of recovery.

Unfortunately this coincided with Obama reverting to human rights issues in China, after Hillary Clinton had attracted heavy criticism by side-stepping such questions during her recent visit to Beijing. So Barack reckoned it might go down well with his Yeti-hugging constituency to smack down Beijing for its treatment of Tibet. He forgot the kind of people he was dealing with.
Within 24 hours Chinese premier Wen Jiabao took a fierce revenge by talking down the reliability of US Treasury bonds.

"To be honest, I'm a little bit worried," Wen confided at a news conference. "I request the US to honour its promises and to guarantee the safety of China's assets. We have lent a huge amount of money to the United States." Ouch! That hurt. It was a sharp reminder, from a regime that knows all about control and reprisals, that a government that holds $727.4 billion of US Treasury Bonds does not have to take any moralising sermons from Obama.

The merest anticipation in the markets that China was contemplating any level of divestiture of US Treasuries could send American interest rates soaring. China's trade surplus is already a key factor in keeping US rates down. With this kind of leverage, while America is trying to grope its way out of recession, China wields immense power. Wen commands foreign exchange reserves of just under $2 trillion and he who pays the piper calls the tune.
Link: Obama selling the U.S. to China - Barry's ObamaNation