Ramirez picks up the Nero theme

posted at 8:57 am on March 6, 2009 by Ed Morrissey

On Wednesday, I wrote that the main theme of the first six weeks of the new administration was this: Obama fiddled with Rush Limbaugh while Wall Street burned.  It turns out that Investors Business Daily editorial cartoonist Michael Ramirez was on the same wavelength.  Today’s entry by the two-time Pulitzer winner captures this perfectly, extending it to the entire Democratic political leadership (via Power Line):

Ramirez has a terrific collection of his works: Everyone Has the Right to My Opinion, which covers the entire breadth of Ramirez’ career, and it gives a fascinating look at political history.  Read my review here, and watch my interviews with Ramirez here and here.  And don’t forget to check out the entire IBD site, while individual investors still exist.

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Lack of Congressional oversight of Freddie and Fannie was the primary cause of this crisis. Other things contributed, but the cronyism of Congress is the root cause.

Obama is capitalizing (oh the irony) on the crisis–doing nothing to correct it and instead taking the opportunity to grow Govt and thus extend the crisis and insure less private affluence for a generation to come.

Hurray for False Prophets.

Montana on March 6, 2009 at 3:36 PM

orange on March 6, 2009 at 11:25 AM

You are so full of crap you should change your screen name to Brown.

FM/FM werer the TOTAL problem, as they had all of those bad loans leveraged throughout the stock market and all the banks who made bad paper leveraged THEIRS with FM/FM.

Pull yous head out of the sand, ostrich boy.

PJ Emeritus on March 6, 2009 at 3:42 PM

And keep in mind the recession started a year before the banks collapsed.

It’s a bush depression.

getalife on March 6, 2009 at 10:36 AM

It’s still a recession, the current administration’s policies and proposals are quickly driving it to depression.
Have you watched the Dow since Jan. 20?

jimmy2shoes on March 6, 2009 at 3:54 PM

getalife on March 6, 2009 at 10:52 AM

Might wanna do a little actual research on your FDR there, buddy.

jimmy2shoes on March 6, 2009 at 3:56 PM

I guess they should call it the bush global depression.

getalife on March 6, 2009 at 11:10 AM

You criticize a man for digging a hole, but wholeheartedly support a guy who has hired a full fleet of steamshovels to do the same thing on an exponential scale? Where you dropped on your head as a child or is it chemically induced damage?

jimmy2shoes on March 6, 2009 at 4:03 PM

Wish he’d put Obama in the toga instead of a jackass. Oh, wait. Same thing.

rivlax on March 6, 2009 at 4:05 PM

I don’t think our political class has truly embraced the spirit of Hope and Change just yet. After all, Obama ran on a platform that promised fresh new solutions and outside-the-box thinking, but so far, he hasn’t made a single proposal that wasn’t first floated in the 1970s or earlier. Increased unemployment benefits, huge job-killing mandates on employers, more power to labor unions, reducing the supply of energy while increasing the price – this is all very tired old junk we’ve seen a hundred times before, just with a bigger price tag this time. Here are some truly fresh tactics we could try:

Abolish collective bargaining for any corporation that receives a bailout. Since government workers generally are not allowed to organize, and Congressmen specifically forbid union activity among their staffers, it follows that a company supported by Congressional expense of tax money should not be forced to deal with union labor. This would have an immediate recovery effect on the U.S. auto industry, a primary recipient of bailout cash, especially since union labor is what got them into a pickle in the first place.

Cancel the pork-laden “stimulus” bill and use the money to fund a six-month holiday on capital gains taxes and payroll taxes. Obama and the Democrats say their top concern is to get the economy moving, right? They should have no problem with announcing their earlier spending plans are no longer realistic, and it would be better to sacrifice some government tax revenue to generate increased economic activity.

Eliminate all welfare programs, dismantle the social services bureaucracy, and instead offer businesses a huge tax break for every unemployed or indigent person they hire. You eliminate all the socialist overhead, stimulate job growth, and reward business for positive-growth activity. Long-term welfare dependents can be relocated to work camps, which they would build as their first order of business. Obviously they have no business taking out mortgages to buy homes, and will not be able to do so much longer in any event, so conscripted labor is the only means they have to repay the taxpayers for bailing them out of the Fannie Mae crisis. Residence in these camps would be strictly voluntary, but no benefits would be paid to anyone who does not reside in them. Businesses would be given tax incentives to recruit from the camps, which meanwhile could get some truly useful public work done – and it would be much easier to provide publicly funded services, such as health and child care, to the indigent if they all live in one place. After all, “it takes a village,” right? I think some of these camps could usefully be located on the Mexican border, and engaged in border security work.

The immediate resignation of every Democrat member of Congress. Who can doubt the stock market would explode? We’d get up to 12,000 Dow overnight. We are incessantly told by Democrat operatives, and the poor little folks who spend their days posting Twitter messages from party officials on conservative web sites, that Bush is responsible for the current economic mess. Well, we got rid of Bush. Now it’s time to get rid of the party in power during these last two years, when the market began to tank. A simple review of the market history demonstrates that as the number of Democrats in Congress has increased, the market has dropped – it’s almost an exact correlation. So, reducing the number of Democrats to zero should produce a huge market surge. It would not be fair to replace these Democrats with Republicans, since the latter did lose the last elections rather badly, but it occurs to me that we could recruit representatives from the only sector of the government that consistently demonstrates efficiency, resourcefulness, and selfless dedication: the military. We could select retiring military veterans to fill the vacant Democrat seats – maybe a random lottery among retiring vets with either combat or logistics experience. This would get us through to 2010, when we could thank them for helping us get through a crisis and let them stand for re-election.

I’m sure we could think of some more truly “progressive” ideas if we put our heads together!

Doctor Zero on March 6, 2009 at 4:28 PM

Cancel the pork-laden “stimulus” bill and use the money to fund a six-month holiday on capital gains taxes and payroll taxes.

Doctor Zero on March 6, 2009 at 4:28 PM

Me likes the way you think, excellent ideas especially the one above. If they were to do it I can honestly say I’d be out spending more money.

So when can you start? ;-)

Liberty or Death on March 6, 2009 at 4:37 PM

Burning down the house.

Well, look at it this way, ashes make a better foundation than manure.

Speakup on March 6, 2009 at 4:59 PM

They tried. They had the same problems the DumboCraps are having now – not enough votes to force cloture.

PJ Emeritus on March 6, 2009 at 3:24 PM

What bills are you referring to?

orange on March 6, 2009 at 4:59 PM

orange on March 6, 2009 at 10:50 AM

Bush tried to regulate fannie and freddie, but was accused of RAAAAAAAAAAAAAAACISM for bringing it up. Franklin Raines, (D) for dumbass, directed fannie/freddie employees to make every loan they could to prop up fraudently inflate the stock price.

If President Government would just let free markets BE free markets,the stock market might respond accordingly. and get your hand out of my pockets, there is no free lunch here in America, you have to earn it.

UNREPENTANT CONSERVATIVE CAPITOLIST on March 6, 2009 at 5:09 PM

You are so full of crap you should change your screen name to Brown.

FM/FM werer the TOTAL problem, as they had all of those bad loans leveraged throughout the stock market and all the banks who made bad paper leveraged THEIRS with FM/FM.

Pull yous head out of the sand, ostrich boy.

PJ Emeritus on March 6, 2009 at 3:42 PM

I’m not sure what’s accomplished with the name-calling.

Regardless, you’re wrong. But dont believe me; believe Alan Greenspan, Christopher Cox, and John Snow.

http://thinkprogress.org/2008/10/23/mica-waxman/

Also this article might shed some light on the situation for you:

http://www.mcclatchydc.com/251/story/53802.html

I’m not saying FM/FM were blameless, but they were clearly not the main problem.

orange on March 6, 2009 at 5:28 PM

Bush tried to regulate fannie and freddie, but was accused of RAAAAAAAAAAAAAAACISM for bringing it up.

So that prevented him from doing anything?

orange on March 6, 2009 at 5:37 PM

We have deciced to shrug and let the thing implode.Then when the o finds out we could care less what he wants and just barter a lot, little in our life will change.The poor dumb bastard has no concept of OD Behavior,contraryism,and plain cussedness.
Never mess with old folks who will not play along.<stron
g>

Col.John Wm. Reed on March 6, 2009 at 8:38 PM

Chris Cox? LOL, yeah, he, Paulson, and Bernanke sure did a bang up job. You’re not gonna get a lot of folks here buying anything those clowns have to say.

The amazing and amusing thing is that Obama is 10 times worse than even the hapless Bush. Sadly for you democrat liberals, the American people won’t stay addicted to hopium forever.

funky chicken on March 6, 2009 at 9:55 PM

http://thinkprogress.org/2008/10/23/mica-waxman/

LOL. Thinkprogress? HA HA HA.

Was your link from Daily Kook broken?

angryed on March 6, 2009 at 10:35 PM

Do not blame Da Bama. He is a mere Soros puppet, just like the Moveon, Daily KOS, and other socialist democrats.

If Amnerican don’t like this then they need to get off of their lazy arses and do the work that real Americans need to do.

DannoJyd on March 7, 2009 at 9:19 AM

I will go with my country.

getalife on March 6, 2009 at 11:12 AM

Now if you can only convince your Lightworker to do the same.

ddrintn on March 7, 2009 at 2:34 PM

New Episode of Man Made Global Warming

Oh, wait. It’s just the US Democrats setting the world on fire. Another false alarm. We now return to our violin solo. Heh.

Flying Israeli

Caststeel on March 7, 2009 at 2:57 PM

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