Elkhorn Creek Lodge

Barackonomics; or Obama Conflicted II

Posted in economics, obama, palin by Eugene Podrazik on November 12, 2008

First, it was the big press conference last Friday. The one with all the big-shot executives lining the stage behind him; looking almost like the line up of the old Soviet commie-party big-shots on Lenin’s tomb on the May Day parade. Now, we have news that Obama is trying to get Bush to push a big auto bail-out before he takes office. What’s with President ultra-cool’s sudden attachment to gray-haired honkies who dress like Republicans. You know that Obama’s beginning to realize that he really got a lot more than he bargained for on November 4th. 

He’s got an economy that’s tanking and, now with Detroit, he’s got one piece of the economy that really counts since he’s got to throw a lifeline to his buddies in the UAW. Giving Obama the benefit of the doubt, that he is indeed a student of history, I suspect that he realizes that he inherits the mantle of power as Hoover and not FDR. 

He was supposed to waltz into the Oval Office and like Divine Caesar distribute largess to his adoring masses (there was a reason for the pillars at Denver, too bad he didn’t wear a toga). Largess from the wealth of a nation that hasn’t known a serious downturn since Reagan. ACORN and Ayers were to finally reap the benefits of the Long March from the days of Weatherman radicalism to the peak of power of the Presidency. Now, their acolyte, Obama, would dispense free abortions, free medical care, free day care and reparations. Never mind the three R’s, our children would be brainwashed with rain-forest-math. This was the election that would push America past the tipping point to a new future as the newest member of the EU. The New Socialist Man finally stepped onto the shores of America.

But, there’s a short shelf-life to Obama’s slight of hand. A slight of hand that needed to be pulled off before the American public gets over its November 4th temper tantrum. Obama, Reid and Pelosi have about a six-month window of opportunity to jam their socialist remake of America through.

Except. We got a little wrinkle in the plan. Six weeks before the election, the cupboard was stripped clean; thanks to ACORN and the Community Reinvestment Act. And Freddie. And Fannie. The symbiotic parasitic relationship between ACORN and our economy will no longer work.  

Moreover, the ACORN economic paradigm of economic redistribution works on two assumptions. The first is that you have a booming economy that will provide the slack to allow you to sell the snake oil of redistribution. You have a time when everyone is so flush, that they’ll just pay you to just go away; kinda like when a bunch of ACORN activists, Alinsky-style, would make a lot of noise in your bank lobby. And, you had enough economic slack to sell the conceits of such enviro-idiocies as global warming, cap-and-trade and very expensive battery powered cars.

The second assumption is that you have the economic slack to extort. Now, all of a sudden, you need to keep the old car running since you don’t have the dinero to run down to Toyota for your Prius. All of a sudden, you need to do icky things like drill for oil, here, because gas over two dollars per gallon is really getting expensive. Now, you need to put down that Starbucks Latte and actually sully your hands doing dirty uncool tasks that you used to outsource to some third-world country swarming with inconsequential people like the one you hire to mow your lawn (or some “bitter” rubes in Western Pennsylvania). Now, all of a sudden, having a job, never mind the carbon footprint, is what really matters.

All of a sudden Obama’s glib rhetoric is starting to catch up. Comments trashing small businessmen like Joe-the-Plumber. Or, glib comments of using cap-and-trade to bankrupt the coal industry. The market is listening and taking Obama at his word. And, it is dwindling. 

Instead of a bunch of suits from established corporations, all having their fingers in the federal pie, Obama needed to have a bunch of Joe-the-Plumbers on stage at his last Friday’s new conference. He needed, onstage, not the Bill Gates of 2008, but the Bill Gates of 1980, when Microsoft overturned the world of IBM and lived to tell. But, who wants icky Joe up on the stage; he of such piddling attainments compared to Obama’s oh-so lofty intellectual stature from Columbia, Harvard and the University of Chicago. Come on, what business does a plumber, for God’s sake, have poking his nose in such deep economic matters that only the Messiah can hope to understand. 

If Obama is more of a student of history than Biden, besides realizing that FDR didn’t get on a yet-to-be-invented TV in 1929, he’d realize, that from 1929 to 1932, it was Hoover who mismanaged the economy. And, he now stands in Hoover’s, and not FDR’s, shoes. But, Barry, never you mind my senseless pratings and you just “manage” the economy just like Hoover. You just do a Smoot and Hawley and kill free trade. Come 2012, Sarah Palin is going to do to you what FDR did to Hoover in 1932.





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  1. […] If Obama is more of a student of history than Biden , besides realizing that FDR didn’t get on a yet-to-be-invented TV in 1929, he’d realize, that from 1929 to 1932, it was Hoover who mismanaged the economy. …[Continue Reading] […]

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