White House spokesman on Stewart vs. Cramer: “I enjoyed it thoroughly”

posted at 3:34 pm on March 13, 2009 by Allahpundit

Quoth Jim Treacher a few hours ago, “I’ve never cared much about Jim Cramer, but it’s ‘funny’ how he didn’t become a problem for Jon Stewart until he became a problem for Obama.” And lo and behold, just across from Tapper at ABC:

He wasn’t sure if the president caught Mr. Stewart’s bloodletting of the host of “Mad Money,” but he himself gave the show a thumbs up.

“I enjoyed it thoroughly,” Gibbs said at his daily briefing…

Gibbs today said Stewart “asked a lot of tough questions” and that he wasn’t “surprised that CNBC hasn’t put the video on its website.”

Left unmentioned: The fact that Cramer was an Obama supporter. Oh, and the fact that Stewart’s chief criticism of CNBC, that it could have spared the public an economic catastrophe by investigating and exposing Wall Street’s reckless hyperleveraging, applies to 99.99% of the Obama-adoring media. Cramer’s taking the brunt of it here not for his shady admissions about how to game the market — that’s ancient history — but because, like Treacher says, he had the gall to turn on The One publicly. See also Mark Hemingway:

If you want to have Cramer on your show and bully him for sticking his neck out and being spectacularly wrong in hindsight, fine. Perhaps he deserves it, and certainly it’s not hard to see Cramer as emblematic of Wall Street arrogance. The problem is that Stewart’s critique of Jim Cramer, or of the financial press in general, is not new or particularly relevant — banks have been collapsing for a year. It only became an issue when Stewart wanted to delegitimize Santelli and Cramer’s comments on the Obama administration.

Indeed. Here’s the interview in three parts (there’s profanity, so please observe your official content warning); you can safely skip the first if you’re pressed for time. In fact, I encourage you to do so, as the only thing more insufferable than Stewart in his lecturing populist “clown nose off” mode is the embarrassing, hyperbolic adulation he gets for it from his media fanboys afterwards. Definitely watch the third clip, though, as it finds him sliding effortlessly from a critique of financial media into a critique of investment itself. How silly of Americans to think that they might make money from something other than their own labor.

Blowback

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That is not me, out of context, had a bad day?

getalife on March 13, 2009 at 6:03 PM

No, he could just actually defend it, if that’s what he really believes. He could have fought back against Stewart who was attack even the very concept of his livelihood.

Esthier on March 13, 2009 at 6:08 PM

Ummm….would that reason be party affiliation due to stratification of IQ, Mistah Treacher?

Ye’ll take the lowbrows an’ we’ll take the highbrows and we’ll get to DC afore ye!

strangelet on March 13, 2009 at 4:13 PM

It’s a long trip from RINO Derbyshire’s article to your “conclusion” that Democrats are all in MENSA and all Republicans are knuckle-dragging hicks.
As Rush so frequently points out, you people are permanently convinced that you’re “the smartest people in the room” and no matter how often you act like dumbasses (which for 0bama is a daily occurrence), your smug self-congratulations for that feat never goes away.
Treacher is, as always, right.
If the Obama Administration wanted to disprove Cramer’s assertion that Obama’s policies and programs weren’t tanking the market and wouldn’t have a disastrous effect on the economy, they should have chosen a more credible and serious venue to do so than a 3rd rate cable TV comedy show.

Jenfidel on March 13, 2009 at 6:10 PM

strangelet on March 13, 2009 at 5:56 PM

At least notalife usually limits its incoherence to one-line nuggets.

So the Derb is cast out of the shrinking tent now too?

strangelet on March 13, 2009 at 6:00 PM

It’s not up to me who’s in and out of any tent. I just think he’s pretentious and silly. Which explains why you pay heed to him.

Jim Treacher on March 13, 2009 at 6:12 PM

No, he could just actually defend it, if that’s what he really believes. He could have fought back against Stewart who was attack even the very concept of his livelihood.

Esthier on March 13, 2009 at 6:08 PM

Sometimes, when you are wrong, you have to man up and admit it.

You know, like the President did.

getalife on March 13, 2009 at 6:12 PM

That is not me, out of context, had a bad day?

getalife on March 13, 2009 at 6:03 PM

He had no intention of defending himself that is why he didn’t.

This was a come to Jesus meeting for an NBC employee who went off the reservation and needed his public lashings from an “entertainer” who represents the democrat party.

He can now go back to his show after sniffing the throne seat of Jon Stewart.

Conan on March 13, 2009 at 6:12 PM

Sometimes, when you are wrong, you have to man up and admit it.

You know, like the President did.

getalife on March 13, 2009 at 6:12 PM

Esthier is right more often than you are, and if the President owned up to his mistakes, he’d resign.

chunderroad on March 13, 2009 at 6:14 PM

He can now go back to his show after sniffing the throne seat of Jon Stewart.

Conan on March 13, 2009 at 6:12 PM

At least he did not have to cower to a radio entertainer.

getalife on March 13, 2009 at 6:14 PM

So where was Stewart and the rest of the political media (yes I’m being overly kind to Stewart here) doing their job and informing the American people about what a Marxist crackpot slacker Obama was and as we have now seen is as president?

It is funny the trolls are out in force when Stewart is critisized but have grown decidedly quiet in the Obama related threads. The troll percentage is almost at pre-election levels here. Then again I can’t really blame them, I’d much rather be defending Stewart than Obama these days also.

As for Stewart, I don’t think many on the right really care. He’s a clown preaching to clowns on a show that follows Futurama/South Park (which are amongst the best shows on TV btw). He may have made a mistake here as Allah says but it’s not important, it’s blue on blue fire here so conservatives can’t be complaining too much. Also, I will give Stewart some credit, he really stuck it to Obama after Obama’s “press conference”.

jarodea on March 13, 2009 at 6:17 PM

At least he did not have to cower to a radio entertainer.

With 20 times the audience.

Jim Treacher on March 13, 2009 at 6:17 PM

I guess I’m jaded since all I’ve seen is these 2 play the chumps in the media and get a truck load of free publicity. (Which would be good for both shows.)

Dave_d on March 13, 2009 at 6:18 PM

So the Derb is cast out of the shrinking tent now too?
Pardon, but I think the conservative movement needs all the intellectual leavening it can get at this point.
When Rush Limbaugh, Sarah Palin and Joe the Plumber constitute the brain trust of the GOP, I think you might have a problem.

strangelet on March 13, 2009 at 6:00 PM

Derb is an idiot–no one I know who’s Conservative pays him the slightest attention.
Rush, Gov. Palin and JtP didn’t go to Harvard, but they know plenty about how the real world works.
Not everything worth knowing is taught in the Ivy League.
Abraham Lincoln was self-taught–would you ridicule him?
And we’re not concerned with “brain trusts” at the moment, thanks.
How about your DemocRat brain trust of Begala, Emanuel, Carville, Gibbs, Geithner and Obama himself yapping about “profits and earnings ratios?”
While the market tanks on news of Obama’s ruinous policies, the Ogabe Administration has all the time in the world to attack American private citizens for expression their opinions.
What in the hell happened to Freedom of the Press?
Does it not include TV and radio?

Jenfidel on March 13, 2009 at 6:18 PM

At least he did not have to cower to a radio entertainer.

getalife on March 13, 2009 at 6:14 PM

Oh yeah because cowering to a comedian is so much better than cowering to a respected radio and conservative personality that’s been on top for 20 years…

MobileVideoEngineer on March 13, 2009 at 6:18 PM

Cramer can’t debate video of his own words.

What is he going to say?

That is not me, out of context, had a bad day?

getalife on March 13, 2009 at 6:03 PM

But you think three days of a normal functioning stock market means Obama has saved us from a “bush depression.”

chunderroad on March 13, 2009 at 6:19 PM

Jenfidel on March 13, 2009 at 6:18 PM

Sarah Palin and JTP apparently know a liar when they see one. You can’t buy that instinct for a million dollars, and they apparently aren’t teaching it at Harvard.

chunderroad on March 13, 2009 at 6:21 PM

At least he did not have to cower to a radio entertainer.

getalife on March 13, 2009 at 6:14 PM

Better yet though Gibbs acknoweldge the White House was pleased. This is a White House operation and people should have it known that Stewart is an enforcer agianst Obama critics.

This isn’t a made up Alinsky craphole construction like the Rush situation.

This is a WH operation like Nixon’s plumbers.

DIRECT WHITE HOUSE PERSECUTION OF CRITICS!

Santelli skipped his March 5th on Comedy Central knowing what was coming and what was expected of him but we will see what his punishment is above the sarcastic WH Press Secretary telling him how to print out a piece of paper from the internet.

This White House is pure Evil!

Conan on March 13, 2009 at 6:22 PM

At least he did not have to cower to a radio entertainer.
With 20 times the audience.

Jim Treacher on March 13, 2009 at 6:17 PM

Not sure if your numbers are accurate but it is amazing cons take a radio entertainer seriously.

getalife on March 13, 2009 at 6:23 PM

Not sure if your numbers are accurate but it is amazing cons take a radio entertainer seriously.

getalife on March 13, 2009 at 6:23 PM

Obama mentioned him a White House meeting FOOL!

He takes him seriously!

Obviously you do too you don’t stop talking about him.

Do you parse these thoughts for logic before posting?

Conan on March 13, 2009 at 6:26 PM

Not sure if your numbers are accurate but it is amazing cons take a radio entertainer seriously.

getalife on March 13, 2009 at 6:23 PM

If you think Rush is only a “radio entertainer” you’re even dumber than you sound, which is cretinous.

Jenfidel on March 13, 2009 at 6:27 PM

Derb is an idiot–no one I know who’s Conservative pays him the slightest attention.

Come on Jenfidel, you just experienced the political equivalent of the extinction event at the K-T boundary. Perhaps this is why….everytime some conservative intellectual gets the truthsay about what happened you proceeed to keelhaul them under the hull of the SS Conservative Titanic…. and if they don’t return to the reservation you call them RINOs and lock them out of the tent.
I think your party needs to get bigger, not smaller.
;)

strangelet on March 13, 2009 at 6:27 PM

but it is amazing cons libs take a radio entertainer comedian seriously.

getalife on March 13, 2009 at 6:23 PM

Just like a lib, not able to see the hypocrisy in front of their face.

MobileVideoEngineer on March 13, 2009 at 6:28 PM

Methinks the left is afraid of Sarah Palin in the same way that the right is afraid of Jon Stewart.

johnnynucleo on March 13, 2009 at 6:31 PM

Come on Jenfidel, you just experienced the political equivalent of the extinction event at the K-T boundary.

strangelet on March 13, 2009 at 6:27 PM

You wish!
More delusion from the deluded.
You Leftoids didn’t win the election by that much; 47 million of us didn’t vote for NObama.
It was no landslide, no “mandate” and not even with a thought of a “K-T boundary” (some kind of arcane geological term).

Jenfidel on March 13, 2009 at 6:32 PM

getalife on March 13, 2009 at 6:23 PM

Not as seriously as the people putting up billboards about him.

Jim Treacher on March 13, 2009 at 6:33 PM

Not sure if your numbers are accurate but it is amazing cons take a radio entertainer seriously.

getalife on March 13, 2009 at 6:23 PM

This is hilarious coming from liberals that get their foreign policy advice from code pink and George clooney. Then get their political news from Chris Matthews “I get a tinge everytime I hear Obama speak”, and Keith olberman “I am to small to satisfy a woman so I take my rage out on President Bush”.

Keep cheering on Stewart while Obama continues to make a fool of himself and the people who supported him up on the hill.

Has Hillary been told yet that America is not the longest running democracy?

Baxter Greene on March 13, 2009 at 6:37 PM

Ahh, but Jenfidel, you are ignoring your old enemy evolution…..cultural and demographic evolution to be exact.
Right now 37% of the electorate selfidentify as democrats vs 26% that selfidentify as republicans, and even more worrisome…..in 2020 caucasian becomes a minority in the US.
I was referring to the extinction event and the dinosaurs failure to evolve…..leading to extinction.

strangelet on March 13, 2009 at 6:40 PM

You wish!
More delusion from the deluded.
You Leftoids didn’t win the election by that much; 47 million of us didn’t vote for NObama.
It was no landslide, no “mandate” and not even with a thought of a “K-T boundary” (some kind of arcane geological term).

Jenfidel on March 13, 2009 at 6:32 PM

Ha!

This is unbelievable. We are called delusional when it has been said (just this week) that:

- Obama is the cause of the market slide. (But he isn’t responsible for the market gains)
- Going “John Galt” is some sort of massive movement in the making.
- Eric Cantor (along with many members of the GOP) is ademantly opposed to spending (yet he is open to a second one.)

Yeah. Good luck with that.

ckoeber on March 13, 2009 at 6:43 PM

I was referring to the extinction event and the dinosaurs failure to evolve…..leading to extinction.

Thank you Dr. Strangelet…can I quote you on that! Let’s see…according to MENSA member, Dr. Stangelet…extinction events…lead to extinction! Bravo!

AUINSC on March 13, 2009 at 6:43 PM

This is unbelievable. We are called delusional when it has been said (just this week) that:

- Obama is the cause of the market slide. (But he isn’t responsible for the market gains)
- Going “John Galt” is some sort of massive movement in the making.
- Eric Cantor (along with many members of the GOP) is ademantly opposed to spending (yet he is open to a second one.)

Right.
None of those 3 statements are delusional.
RE: #3–Cantor said he’d only discuss a 2nd stimulus if it included tax cuts for small businesses.
Yeah. Good luck with that.

ckoeber on March 13, 2009 at 6:43 PM

Jenfidel on March 13, 2009 at 6:46 PM

Methinks the left is afraid of Sarah Palin in the same way that the right is afraid of Jon Stewart.

johnnynucleo on March 13, 2009 at 6:31 PM

We are very afraid.

PLEASE, PLEASE, PLEASE don’t use her in your 2010 elections for publicity!

And PLEASE, PLEASE, PLEASE don’t select her as your nominee for President in 2012.

We are SHAKING in fear! If you do, Obama can’t possibly win!

ckoeber on March 13, 2009 at 6:48 PM

Right.
None of those 3 statements are delusional.
RE: #3–Cantor said he’d only discuss a 2nd stimulus if it included tax cuts for small businesses.
Yeah. Good luck with that.

ckoeber on March 13, 2009 at 6:43 PM

Jenfidel on March 13, 2009 at 6:46 PM

I am glad this is online for the record. Soooooooooooo

Let me get this straight. When the market is down, it is all Obama’s faul but when the market is up it is _______________________?

(Fill in the Blank)

Also, Eric Cantor is adamently opposed to government spending and increasing the deficit so he is open to a second round of increasing the deficit. Is that right as well?

ckoeber on March 13, 2009 at 6:51 PM

barkolounger: You are a pretty transparent MOBY.

onlineanalyst on March 13, 2009 at 6:52 PM

strangelet (apt name), again you’re wrong.
38% identify themselves as GOP, while 42% claim Democrat.
Go here for the date:
Generic Congressional Ballot
Exaggeration doesn’t become you.

Jenfidel on March 13, 2009 at 6:53 PM

the political equivalent of the extinction event at the K-T boundary.

You have absolutely no idea what you are talking about. Tell us, how many geology classes have you taken? What does K-T stand for? What extinction event are you referring to? How does that correlate with the 2008 election?

Ladies and Gentleman, we have hear a first-class fraud. He has stolen terminology he picked up from some article he read (probably the Huffington Post) and used it to give us the impression it was his own.

The fact of the matter is he is a no-nothing – just the kind of audience who salivates over the incoherence of a Jon Stewart.

That’s right, I’m calling you out sport, put up or shut up!

Joe Pyne on March 13, 2009 at 6:54 PM

These are the type of people that will end up committing suicide when Obama’s approval rating dips below 50% (which at the rate it’s falling will happen shortly).
MobileVideoEngineer on March 13, 2009 at 4:00 PM

Does that mean we can look forward to getalife disappearing soon?

Knucklehead on March 13, 2009 at 6:57 PM

Let me get this straight. When the market is down, it is all Obama’s faul but when the market is up it is _______________________?

The market is down NOW because Obama is president NOW and the government has taken control of the economy and market NOW–or is that too hard to you to get?
The market hates his policies–it looks to the future not the past.
His proposals for $3-10 trillion debt, increasing taxes and crippling industry have had a visibly negative effect on the market–The Dow has lost over 2000 points since he was inaugurated.

Re: Cantor: Just because he says he’ll discuss a 2nd stimulus, it doesn’t mean he’ll support it, vote for it or help pass it.
Queen Nancy is calling the shots–who doesn’t know that?–and she wants Stimulus 2.

Jenfidel on March 13, 2009 at 6:57 PM

Ladies and Gentleman, we have hear a first-class fraud. He has stolen terminology he picked up from some article he read (probably the Huffington Post) and used it to give us the impression it was his own. Joe Pyne on March 13, 2009 at 6:54 PM

I was thinking the Discovery Channel or perhaps a second viewing of that movie “Deep Impact.”
Otherwise, you nailed him/her it!

Jenfidel on March 13, 2009 at 7:00 PM

strangelet (apt name), again you’re wrong.
38% identify themselves as GOP, while 42% claim Democrat.
Go here for the date:
Generic Congressional Ballot
Exaggeration doesn’t become you.

Jenfidel on March 13, 2009 at 6:53 PM

Of course he’s wrong, I have yet to meet a liberal that is right. However, this clown is acting the part of the “intellectual” on this blog to see if he can play us for chumps.

He has absolutely no credibility. Let’s save our powder for someone who actually knows what they are talking about. This guy is pathetic.

Joe Pyne on March 13, 2009 at 7:03 PM

Let me get this straight. When the market is down, it is all Obama’s faul but when the market is up it is _______________________?

The market is down NOW because Obama is president NOW and the government has taken control of the economy and market NOW–or is that too hard to you to get?
The market hates his policies–it looks to the future not the past.
His proposals for $3-10 trillion debt, increasing taxes and crippling industry have had a visibly negative effect on the market–The Dow has lost over 2000 points since he was inaugurated.

Kinda hard to believe when the market has been going up for four (4) days straight.

Look, I know you want the world to forget about Bush. But the best way to do that is to work with the President. You can disagree but when you spout off disingenuous statements like what you just made above you prove that you are out of touch with mainstream America.

In case you don’t know that is the reason why you guys lost two election cycles. “Going Galt” and trying to tie the Bush administration’s failures on Obama will only make you more out of touch with America.

Re: Cantor: Just because he says he’ll discuss a 2nd stimulus, it doesn’t mean he’ll support it, vote for it or help pass it.
Queen Nancy is calling the shots–who doesn’t know that?–and she wants Stimulus 2.

Jenfidel on March 13, 2009 at 6:57 PM

The whole premise of the republican’s opposition right now is to stop spending because it will increase the deficit. The fact that he is even in agreement with a second stimulus, period, just shoots his entire argument down.

ckoeber on March 13, 2009 at 7:09 PM

Ye’ll take the lowbrows an’ we’ll take the highbrows and we’ll get to DC afore ye!

strangelet on March 13, 2009 at 4:13 PM

Like Julio (“Oh, gracious God!”) and Henrietta (“gimme a kitchen”). Yep, sharp.

ddrintn on March 13, 2009 at 7:09 PM

Of course he’s wrong, I have yet to meet a liberal that is right. However, this clown is acting the part of the “intellectual” on this blog to see if he can play us for chumps.

He has absolutely no credibility. Let’s save our powder for someone who actually knows what they are talking about. This guy is pathetic.

Joe Pyne on March 13, 2009 at 7:03 PM

That’s it; all liberals are wrong.

That dam Krugman must have swindled that Nobel Peace prize.

ckoeber on March 13, 2009 at 7:11 PM

strangelet on March 13, 2009 at 6:40 PM

Dinosaurs are still here, the’re called birds.

celtnik on March 13, 2009 at 7:13 PM

The whole premise of the republican’s opposition right now is to stop spending because it will increase the deficit. The fact that he is even in agreement with a second stimulus, period, just shoots his entire argument down.

ckoeber on March 13, 2009 at 7:09 PM

It’s clear you’re MENSA material.

No, the whole premise of GOP opposition right now isn’t to “stop spending”(I wish that it were!).
They’ll spend, just not on the giganormous scale NObama proposes.
And the economy needs tax cuts across the board.
Certain areas of spending shouldn’t be cut at all, especially those for defense and the military whereas other areas–all of Obama’s pet projects–like “green” energy initiatives, health care or health care insurance and education should be completely off the table.

Jenfidel on March 13, 2009 at 7:14 PM

That dam Krugman must have swindled that Nobel Peace prize.

ckoeber on March 13, 2009 at 7:11 PM

Actually, he did.
In years and years, he’s never been right.
Just like fellow Nobel winner Algore isn’t right either.
And neither of them have made contribution one to “world peace.”

Jenfidel on March 13, 2009 at 7:15 PM

Methinks the left is afraid of Sarah Palin in the same way that the right is afraid of Jon Stewart.

johnnynucleo on March 13, 2009 at 6:31 PM

We are very afraid.

PLEASE, PLEASE, PLEASE don’t use her in your 2010 elections for publicity!

And PLEASE, PLEASE, PLEASE don’t select her as your nominee for President in 2012.

We are SHAKING in fear! If you do, Obama can’t possibly win!

ckoeber on March 13, 2009 at 6:48 PM

Ahhh, so that explains the sleazy Slime Machine that had to go after a Down syndrome child to help their own mentally-challenged candidate.

Of course the left is scared of Sarah Palin. That’s why she was and is constantly slimed. You cretins can’t argue issues, and you know it. You lose every time. Ad hominem is all you know.

ddrintn on March 13, 2009 at 7:18 PM

It’s clear you’re MENSA material.

No, the whole premise of GOP opposition right now isn’t to “stop spending”(I wish that it were!).
They’ll spend, just not on the giganormous scale NObama proposes.
And the economy needs tax cuts across the board.
Certain areas of spending shouldn’t be cut at all, especially those for defense and the military whereas other areas–all of Obama’s pet projects–like “green” energy initiatives, health care or health care insurance and education should be completely off the table.

Jenfidel on March 13, 2009 at 7:14 PM

OK, let’s take your notion that spending just needs to be cut.

Right now practically all companies are scaling back, which lowers the GDP. If the government, the biggest spender, scales back as well, that lowers the GDP even further (as now even less wealth is transfered).

If everyone is scaling back and spending less, how will the economy recover?

Now, as far as military spending is concerned. You say that military spending should not be cut yet most other forms of domestic spending should be off the table.

So, to boil it down; buying a bomb is far more valuable than getting elderly or children health insurance?

I love how private industry is touted as being the way to go even though we have a largely private health care system now.

Oh, I forgot. Pesky regulations are in the way. Let’s abolish those too. People like Madoff will police themselves.

ckoeber on March 13, 2009 at 7:21 PM

ckoeber on March 13, 2009 at 7:11 PM
The Nobel Prize is now no more than a prize given to the biggest socialist, one worlder the panel can find. Al Gore isn’t a scientist, he has to have one of his buddies at NASA fudge numbers for him and Krugman couldn’t run a lemonade stand. Government can’t spend a dollar without taking it from someone else and they can’t create demand; Paul rat face thinks they can somehow.

celtnik on March 13, 2009 at 7:24 PM

Actually, he did.
In years and years, he’s never been right.
Just like fellow Nobel winner Algore isn’t right either.
And neither of them have made contribution one to “world peace.”

Jenfidel on March 13, 2009 at 7:15 PM

And you want to talk about illusions.

ckoeber on March 13, 2009 at 7:24 PM

That dam Krugman must have swindled that Nobel Peace prize.

ckoeber on March 13, 2009 at 7:11 PM

Krugman will be remembered a generation from now only as a lib economist and columnist who copped a Nobel for his suitably lefty views. Nobels in areas other than the physical sciences have become cheapened into meaninglessness.

ddrintn on March 13, 2009 at 7:25 PM

Kinda hard to believe when the market has been going up for four (4) days straight.

Going up from an historic low of 6800 on the news of CitiBank reaching a profit (after a massive stimulation by the feds).
The economy isn’t out of the woods yet by a long shot, no matter what President Urkel tells us today.

Look, I know you want the world to forget about Bush.

I don’t.
I love President Bush and wish he were still President.
He did really “awful” things like make the DOW go up to 14,000 and keep our country safe.

But the best way to do that is to work with the President.

Nope. Not gonna help a Marxist turn my country into Zimbabwe.

You can disagree but when you spout off disingenuous statements like what you just made above you prove that you are out of touch with mainstream America.
ckoeber on March 13, 2009 at 7:11 PM

NObama’s approval numbers are already heading down and staying there.
Good luck being his apologist.

Jenfidel on March 13, 2009 at 7:26 PM

And you want to talk about illusions.

ckoeber on March 13, 2009 at 7:24 PM

You can have a marvelous time proving how “right” Krugman’s been about the economy for so long and how deeply important Algore’s fantasist “climate change” theories have been towards achieving world peace.

Jenfidel on March 13, 2009 at 7:28 PM

ckoeber on March 13, 2009 at 7:11 PM
The Nobel Prize is now no more than a prize given to the biggest socialist, one worlder the panel can find. Al Gore isn’t a scientist, he has to have one of his buddies at NASA fudge numbers for him and Krugman couldn’t run a lemonade stand. Government can’t spend a dollar without taking it from someone else and they can’t create demand; Paul rat face thinks they can somehow.

celtnik on March 13, 2009 at 7:24 PM

I guess Milton Freidman must be a dam leftie too.

ckoeber on March 13, 2009 at 7:29 PM

The market is down NOW because Obama is president NOW and the government has taken control of the economy and market NOW–or is that too hard to you to get?
The market hates his policies–it looks to the future not the past.
Jenfidel on March 13, 2009 at 6:57 PM

Exactly right,but liberals are more concerned with their ideology than being able to make smart,strong decisions.
That is why they blamed everything on Bush when he was President,and now that Obama is President,they are still blaming everything on Bush.
Between this and going after private citizens like Rush they have to provide distractions from their incompetent and amateurish start to the Obama administration.

When Obama is contradicting himself like this on such an
important issue,only the sheep can still take him seriously:

“We are in the worst financial crisis since the Great Depression”
Barak Obama
Feb. 2009

“They’re (the economy)not as bad as we think they are now.”
Barak Obama
Mar. 2009

Liberals like the idiots here are still going around talking about how smart they are and how great Obama is when
the people who actually know what they are talking about are
calling Mr. 57 states policies out for the failures they are:


Liz Peek: Stock Market Gives Obama’s First Month An ‘F’

Editor’s Note: Liz Peek is a financial columnist and the author of wOw’s Wall Street Weekly and SHEconomics.
http://www.wowowow.com/print/214454

but so far the reaction to the new administration’s programs has been decidedly negative. Investors, among others, have panned the plans;

But in liberal land,
It’s all Bush’s fault.
The democrats have all been on Mars the last 7 years and had
nothing to do with fighting for regulating their friends at Fannie/Freddie that started this sub-prime collapse in the first place.


The Obama Economy
As the Dow keeps dropping, the President is running out of people to blame.

http://online.wsj.com/article/SB123604419092515347.html

As 2009 opened, three weeks before Barack Obama took office, the Dow Jones Industrial Average closed at 9034 on January 2, its highest level since the autumn panic. Yesterday the Dow fell another 4.24% to 6763, for an overall decline of 25% in two months and to its lowest level since 1997. The dismaying message here is that President Obama’s policies have become part of the economy’s problem.

Almost every major economist and publication sees Obama’s policies for the disaster they are:


Obama Bear Market’ Punishes Investors as Dow Slumps
(Update1)
By Eric Martin

March 6 (Bloomberg) —

President Barack Obama now has the distinction of presiding over his own bear market.
The Dow Jones Industrial Average fell 20 percent since Inauguration Day, the fastest drop under a new president in at least 90 years, according to data compiled by Bloomberg. The gauge has lost 53 percent from its October 2007 record of 14,164.53, slipping 4.1 percent to 6,594.44 yesterday.

But I guess it’s just those crazy neo-con’s that think this right.

Tell that to Warren Buffett and Mickey Kaus:

Buffett blasts Obama’s handling of economy, crisis mentality

BUFFETT: I think–I think a lot of things should be–job one is to win the war, job–the economic war, job two is to win the economic war, and job three. And you can’t expect people to unite behind you if you’re trying to jam a whole bunch of things down their throat. So I would–I would absolutely say for the–for the interim, till we get this one solved, I would not be pushing a lot of things that are–you know are contentious, and I also–I also would do no finger-pointing whatsoever. I would–you know, I would not say, you know, `George’–`the previous administration got us into this.’ Forget it. I mean, you know, the Navy made a mistake at Pearl Harbor and had too many ships there. But the idea that we’d spend our time after that, you know, pointing fingers at the Navy, we needed the Navy. So I would–I would–I would–no finger-pointing, no vengeance, none of that stuff. Just look forward.

.

Kaus

P.S.: The whole Begala-Carville coordinated campaign against Limbaugh seems misguided when Obama is supposed to be leading the nation out of crisis (see Warren Buffett’s comments, below). Quite apart from whether it’s a good idea to take one of your smarter opponents and build him up, the campaign seems petty, partisan and poll-driven–not designed to produce any kind of national pulling-together. If Begala weren’t around I’d suspect Chris Lehane of thinking it up.

Mickey Kaus
Slate Political Blog
March 10, 2009

Nothing to see here.
This is just a distraction.

“Hope and Change” is in full bloom for the idiots on their knees in the People’s Temple of Obama.

Baxter Greene on March 13, 2009 at 7:30 PM

So, to boil it down; buying a bomb is far more valuable than getting elderly or children health insurance?

I love how private industry is touted as being the way to go even though we have a largely private health care system now.

Oh, I forgot. Pesky regulations are in the way. Let’s abolish those too. People like Madoff will police themselves.

ckoeber on March 13, 2009 at 7:21 PM

It boils down to: buying a bomb is in the purview of the government. Buying my insurance or my shoes or my house isn’t.

I love how government is touted as the benevolent parent to guide us through all of life’s risks. This with no evidence at all that government is all the “benevolent” or even “efficient”. Care to enlighten? How are Dodd and Frank and Raines less reprehensible than Madoff? Frauds all.

Finally, to which specific lack of regulation are you referring? Do you think Fannie Mae and Freddie Mac should’ve been more tightly regulated? Which party was most instrumental in blocking those regulations?

ddrintn on March 13, 2009 at 7:33 PM

ckoeber:

The market over all has been way down since Obama took office. A few days up does not change, that. However, I do think that no matter how incompetent Obama may be the market will eventually stabilize.

It hit 14,700 in October 2007.

Terrye on March 13, 2009 at 7:33 PM

ckoeber:

The elderly have health care. I should know, I work in that system. And no child who needs health care will be turned away. You are demagoguing the issue.

Terrye on March 13, 2009 at 7:37 PM

I guess Milton Freidman must be a dam leftie too.

ckoeber on March 13, 2009 at 7:29 PM

celtnik said “now.”
The Nobel Prize has only been severely politicized as a Leftist award in the last 10 or so years.
Milton Freidman received his at a time (1976) when it was still fairly legitimate.
He inarguably linked Capitalism and Freedom which does lead to world peace.

Jenfidel on March 13, 2009 at 7:37 PM

I guess Milton Freidman must be a dam leftie too.

ckoeber on March 13, 2009 at 7:29 PM

In technical brilliance, Krugman will never be remotely in Friedman’s league.

ddrintn on March 13, 2009 at 7:40 PM

And where the hell was Krugman when the Democrats started this Ponzi scheme of loaning money to people they damn well knew could not pay it back?

It seems to me I remember the NYT running a story back in 1999 about what a good deal it was that so many people were getting the opportunity to buy homes and such…

Everyone thought it was a bang up idea. The media, clowns like Stewart etc. None of them seemed even a little concerned about the future.

And back in 2003 when Bush tried to move Fannie Mae over to Treasury, they shot that down. Time and again Democrats blocked any measure that might slow down the lending. When McCain tried to introduce legislation they killed it.

They did nothing to stop this and neither did their friends in the media.

Now they blame Wall Street and Republicans. But where were they?

Terrye on March 13, 2009 at 7:41 PM

ckoeber on March 13, 2009 at 7:29 PM

Man you’re stupid, did you read that before you linked to it? Friedman talks about lowering taxes and less regulation, like he always does, the exact opposite of what Krugman prescribes. And by the way, national defense is the one of few things government is constitutionally required to spend money on. Government doesn’t provide health care, it takes your money and tells you what doctor you can see, they have been doing that in one form or another since 1945, the private sector or specifically you have no say in pricing because government sets it. That’s why we have to pool risk by buying insurance instead of buying it on the open market like any good or service.

celtnik on March 13, 2009 at 7:43 PM

The Nobel Prize turned into a joke when Arafat won one of them. Please.

Terrye on March 13, 2009 at 7:43 PM

Methinks the left is afraid of Sarah Palin in the same way that the right is afraid of Jon Stewart.
johnnynucleo on March 13, 2009 at 6:31 PM

The Stewart/palin comparison is apt — but Jon Stewart intends to make people laugh, whereas palin is an accidental comedian.

benny shakar on March 13, 2009 at 7:44 PM

And by the way, Madoff is a Democrat.

Terrye on March 13, 2009 at 7:45 PM

Going up from an historic low of 6800 on the news of CitiBank reaching a profit (after a massive stimulation by the feds).
The economy isn’t out of the woods yet by a long shot, no matter what President Urkel tells us today.

But your whole statement was based off of saying that the President was driving the stock market down which by your own statement here shows that to be false.

I don’t.
I love President Bush and wish he were still President.
He did really “awful” things like make the DOW go up to 14,000 and keep our country safe.

Only to have that 14,000 point high drop to around 8,000 on his watch.

Safety doesn’t mean you sacrifice everything for a false sense of security.

NObama’s approval numbers are already heading down and staying there.
Good luck being his apologist.

Boring.

You are demonstrating the problem of the conservative movement. You do not try and present a cohesive argument as to why Barack Obama’s policies fail. Instead, you try and nitpick at small and insignificant things. This is why the Republican party is increasingly out of touch with mainstream America.

ckoeber on March 13, 2009 at 7:45 PM

Finally, to which specific lack of regulation are you referring? Do you think Fannie Mae and Freddie Mac should’ve been more tightly regulated? Which party was most instrumental in blocking those regulations?

ddrintn on March 13, 2009 at 7:33 PM

This “no regulation” hype by liberals is not backed up by the facts:

Is Deregulation to Blame?

The new Washington consensus says “yes.” The facts on the ground say something different.
http://reason.com/news/show/130348.html

In reality, regulation as a whole has thrived under President George W. Bush. Between 2001 and fiscal year 2009, the federal regulatory budget increased 65 percent in real terms, to about $17.2 billion.

But what about Wall Street in particular? What specific acts of deregulation are being blamed for the financial crisis, and what role if any did they play? Let’s look at the accusations one by one:

1) The partial repeal of the Glass-Steagall Act in 1999 allowed commercial banks to get involved in risky investments, such as mortgage-backed securities.
The Glass-Steagall Act of 1933 prohibited investment banks from acting as commercial banks, and vice versa. Signed by Bill Clinton (who continues to defend the legislation), the Gramm-Leach-Bliley Act of 1999 repealed those aspects of the law. Many on the left blame at least part of our current woes on that move. With the repeal, Barack Obama said in a March economic address, “we have deregulated the financial services sector, and we face another crisis.”
In fact, multiple exemptions to Glass-Steagall had been granted for years before Gramm-Leach-Bliley was signed into law. Most European financial markets, not normally known as more “deregulated” than the U.S., never separated commercial and investment banks in the first place.

The Bush team has spent more taxpayer money on issuing and enforcing regulations than any previous administration in U.S. history. Between fiscal year 2001 and fiscal year 2009, outlays on regulatory activities, adjusted for inflation, increased from $26.4 billion to an estimated $42.7 billion, or 62 percent. By contrast, President Clinton increased real spending on regulatory activities by 31 percent, from $20.1 billion in 1993 to $26.4 billion in 2001.

Nobody took more money and fought against regulating Fannie/Freddie as hard as the democrats:

Guest essay: Fannie and Freddie mess? Blame the Democrats

By JOHN H. PILLA
http://www.publicopiniononline.com/ci_11631591

Capitalism worked well until the government began to limit free markets by forcing the Government Sponsored Enterprises called Fannie Mae and Freddie Mac to make loans to those not worthy of receiving home mortgages (subprime mortgages).
The markets did fine until these actions were undertaken by Democratic administrations.
Here is a list of key events:

Here they are in their own words:

Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis

http://www.youtube.com/watch?v=_MGT_cSi7Rs&NR=1
VIDEO:http://www.youtube.com/watch?v=_MGT_cSi7Rs

But of course it is all Bush’s fault.

Baxter Greene on March 13, 2009 at 7:47 PM

Finally, to which specific lack of regulation are you referring? Do you think Fannie Mae and Freddie Mac should’ve been more tightly regulated? Which party was most instrumental in blocking those regulations?

ddrintn on March 13, 2009 at 7:33 PM

This “no regulation” hype by liberals is not backed up by the facts:

Is Deregulation to Blame?

The new Washington consensus says “yes.” The facts on the ground say something different.
http://reason.com/news/show/130348.html

In reality, regulation as a whole has thrived under President George W. Bush. Between 2001 and fiscal year 2009, the federal regulatory budget increased 65 percent in real terms, to about $17.2 billion.

But what about Wall Street in particular? What specific acts of deregulation are being blamed for the financial crisis, and what role if any did they play? Let’s look at the accusations one by one:

1) The partial repeal of the Glass-Steagall Act in 1999 allowed commercial banks to get involved in risky investments, such as mortgage-backed securities.
The Glass-Steagall Act of 1933 prohibited investment banks from acting as commercial banks, and vice versa. Signed by Bill Clinton (who continues to defend the legislation), the Gramm-Leach-Bliley Act of 1999 repealed those aspects of the law. Many on the left blame at least part of our current woes on that move. With the repeal, Barack Obama said in a March economic address, “we have deregulated the financial services sector, and we face another crisis.”
In fact, multiple exemptions to Glass-Steagall had been granted for years before Gramm-Leach-Bliley was signed into law. Most European financial markets, not normally known as more “deregulated” than the U.S., never separated commercial and investment banks in the first place.

The Bush team has spent more taxpayer money on issuing and enforcing regulations than any previous administration in U.S. history. Between fiscal year 2001 and fiscal year 2009, outlays on regulatory activities, adjusted for inflation, increased from $26.4 billion to an estimated $42.7 billion, or 62 percent. By contrast, President Clinton increased real spending on regulatory activities by 31 percent, from $20.1 billion in 1993 to $26.4 billion in 2001.

Nobody took more money and fought against regulating Fannie/Freddie as hard as the democrats:

Guest essay: Fannie and Freddie mess? Blame the Democrats

By JOHN H. PILLA
http://www.publicopiniononline.com/ci_11631591

Capitalism worked well until the government began to limit free markets by forcing the Government Sponsored Enterprises called Fannie Mae and Freddie Mac to make loans to those not worthy of receiving home mortgages (subprime mortgages).
The markets did fine until these actions were undertaken by Democratic administrations.
Here is a list of key events:

Here they are in their own words:

Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis

http://www.youtube.com/watch?v=_MGT_cSi7Rs&NR=1

But of course it is all Bush’s fault.

Baxter Greene on March 13, 2009 at 7:48 PM

celtnik on March 13, 2009 at 7:43 PM

So because you don’t agree with the philosophy it is stupid?

Please …

ckoeber on March 13, 2009 at 7:49 PM

White House spokesman on Stewart vs. Cramer: “I enjoyed it thoroughly”

If it’s good-natured and they’re not “looking for a fight” like some in talk radio as well as some certain blond-haired attention-seeker, that’s fine.

That’s my impression of the Stewart/Cramer conflict.

Isn’t that how Reagan won the hearts and minds of the American people, not by just bludgeoning through with controversy for controversy’s sake?

sethstorm on March 13, 2009 at 7:50 PM

Boring.

You didn’t think falling approval numbers were boring when they were Bush’s.

You are demonstrating the problem of the conservative movement. You do not try and present a cohesive argument as to why Barack Obama’s policies fail.

I don’t have to–the (stock) market, Dow Jones and NASDAQ do it for me every day.

Instead, you try and nitpick at small and insignificant things. This is why the Republican party is increasingly out of touch with mainstream America.

ckoeber on March 13, 2009 at 7:45 PM

Sure. Whatever.
If you say so, Mr. Wizard.
You Communist Leftoids control the WH, House and Senate: why aren’t you happier?

Jenfidel on March 13, 2009 at 7:51 PM

benny:

Palin is a very smart and successful woman. I know that sexist and silly people on the left like to pretend that she is stupid, but that is because they are threatened by her.

Terrye on March 13, 2009 at 7:52 PM

ckoeber:

Are the Republicans out of touch? I don’t know about that. I can remember not so long ago when some people made the mistake of saying the same thing about the Democrats. Things change. Keep that in mind.

Terrye on March 13, 2009 at 7:55 PM

ckoeber:

The elderly have health care. I should know, I work in that system. And no child who needs health care will be turned away. You are demagoguing the issue.

Terrye on March 13, 2009 at 7:37 PM

OK, but (1) you should know then that Medicare is one of the largest providers of healthcare for seniors. Take that option away and replace it with what?

As for children, you are refering to emergency rooms and other emergency care (which the parents or guardians still have to foot the huge bill due to lack of coverage). But what about preventative care? I never heard of a child getting a checkup for no cost.

ckoeber on March 13, 2009 at 7:56 PM

You are demonstrating the problem of the conservative movement. You do not try and present a cohesive argument as to why Barack Obama’s policies fail. Instead, you try and nitpick at small and insignificant things. This is why the Republican party is increasingly out of touch with mainstream America.

ckoeber on March 13, 2009 at 7:45 PM

Sure we do. You haven’t presented a cohesive argument as to why or even how Obama’s policies are to succeed. Your guys are in power because it’s been quite a while since the country’s had a good dose of stagflation and international fecklessness.

The Stewart/palin comparison is apt — but Jon Stewart intends to make people laugh, whereas palin is an accidental comedian.

benny shakar on March 13, 2009 at 7:44 PM

And benny, like his god Barack, is a comedian in his own mind.

ddrintn on March 13, 2009 at 8:00 PM

ckoeber:

You do not even know what you are talking about. What preventive care? Do you think that if someone has insurance a checkup is free or even necessary? They do not do check ups for children. The state makes sure they get their shots. The state makes sure they get care. If you know of any child that needs care and is not getting care or food or anything else it is required by law that you tell child protetctive services about that.

As for the elderly, that is what Medicare is for. I also work with older patients who have Medicaid, Veterans, regular insurance and private pay. And once again, if you know of a situation in which an elderly person is being neglected or abused it is required by law that you contact adult protective services.

Terrye on March 13, 2009 at 8:00 PM

Terrye on March 13, 2009 at 7:52 PM

That is why they are afraid of her.
That is why they can’t shut up about her.

They had to attack her daughter,attack a handicapped child,attack the fact that she bought a tanning bed because she actually has executive experience,successfully running a state that gained jobs,cut excessive spending,and is in the process of completing the largest energy project in the history of this country.

Obama’s amateur circus of an administration and the clowns that he can’t find to fill the jobs combined with promises being broken on a daily basis show just how much of a con job the media helped pull over on the American people with the electing of their “Paparazzi President”.

Baxter Greene on March 13, 2009 at 8:03 PM

As for nitpicking about insignificant things, I do not call spending more money in a month than Bush did in his first term insignificant.

Terrye on March 13, 2009 at 8:03 PM

ckoeber:

Are the Republicans out of touch? I don’t know about that. I can remember not so long ago when some people made the mistake of saying the same thing about the Democrats. Things change. Keep that in mind.

Terrye on March 13, 2009 at 7:55 PM

I fully understand that times change.

But the reason that I say that republicans are out of touch is not due to lost elections or even the infighting.

It’s the fact that up to now there isn’t the broad discussion within the party on how to take conservative principles and formulate policies that address problems today.

Give me some conservative solutions for:

- Two wars
- The economy
- Healthcare
- Education (both elementry and college)
- Energy (and how to get us out of the dependancy on oil instead of just shifting us to another location)

The fact is the republicans had both houses and the presidency for six years (2000-2006) and the presidency from 2000-2008.

In all of that time what have we accomplished that we can now tout as a lasting achievement besides keeping the country “safe”?

ckoeber on March 13, 2009 at 8:04 PM

Baxter:

Yes, at least Palin has proven she can run a state. Thus far the only thing Obama has proven is that with a groveling media covering his ass he can spend a lot of money.

Terrye on March 13, 2009 at 8:06 PM

The key here is Obama is being betrayed by others in that situation. Show me where he goes after Obama. Ohhhh I am sure you will see others attacked that fail in their mission to make Obama look good. We all know that game.

Conan on March 13, 2009 at 5:40 PM

He did ridicule Obama’s promise that Geithner would be terrific. The other night they were picking on Biden for being a gaffe machine.

dedalus on March 13, 2009 at 8:08 PM

That’s it; all liberals are wrong.

That dam Krugman must have swindled that Nobel Peace prize.

ckoeber on March 13, 2009 at 7:11 PM

Name me one conservative who has won the nobel peace prize in the past 35 years.

Waiting………waiting…………waiting…………times up contestants! That’s right NONE, ZERO, NADA!

Why? Because the prize is given by leftists to leftists. Since leftists run the system it is hard for anyone outside leftist orthodoxy to have a chance.

Sort of like the reason no white people are allowed to join the Black Caucus.

Joe Pyne on March 13, 2009 at 8:09 PM

ckoeber on March 13, 2009

love your all or nothing type thinking when it comes to repubs and regulation. you my boy are a simpleton. i would guess you like it that way.

Jamson64 on March 13, 2009 at 8:10 PM

love your all or nothing type thinking when it comes to repubs and regulation. you my boy are a simpleton. i would guess you like it that way.

Jamson64 on March 13, 2009 at 8:10 PM

The Republicans have been the “all or nothing” party so far.

You can call me a simpleton in the echo chamber that is HotAir but until you come up with the answers that address the problems of our time all you are doing is making yourself feel better.

ckoeber on March 13, 2009 at 8:14 PM

Solutions for two wars? Win them. Best solution I can think of.

You know what? I remember back in 1998 when it was okay to call Saddam a bad guy, Clinton got the Iraqi Liberation Act passed with overwhelming Democrat support. No one doubted the claims that Saddam was dangerous, had weapons and was a threat to the US. Democrats liked rattling sabers when it worked for them. One solution might be that when an American president is up against a mass murdering fascist dictator, Americans {even ones in the other party} should back the American president.

Energy: Drill. Obama on the other hand wants me to pay more for electricity and gas and check the air in my tires. Thus far he has not done one single thing, nor has any other Democrat done one single thing to make us energy independent.

Education: vouchers and good teachers and kids who graduate. When two thirds of the kids in inner city schools are not bothering to get a highschool diploma, college is not the problem..literacy is.

Healthcare: Prices are too high. Just passing the buck to the state will not make health care better or quicker or anything else. I prefer more competition and lower prices in the market places…but if the US is going to create some huge fat inefficient Obamacare program, I think it would be far better if we were not paying for it with money we borrowed from the Chinese.

Terrye on March 13, 2009 at 8:15 PM

Not sure who wrote this but regarding Obama

52 days, 52 mistakes

Let me count them up, in no particular order. Some are big. Some are small.

We all make mistakes. Here’s his:

1. A do-over on the oath of office.
2. Tim Geithner.
3. Bill Richardson.
4. Tom Daschle.
5. Eric “Nation of Cowards” Holder.
6. Leon Panetta.
7. Arne “Cappuccino” Duncan.
8. Hilda Solis (OK, her husband has the tax liens).
9. Nancy Killefer.
10. Charles Freeman Jr.
11. Ron Kirk.
12. Adolfo Carrion.
13. Banning offshore oil again.
14. Letting Nancy Pelosi write the $787 billion “stimulus’ plan.
15. Relying on Tim Geithner to explain it.
16. It is a $13-a-week stimulus, or as his wife said of Bush’s plan: “You’re getting $600. What can you do with that? Not to be ungrateful or anything. But maybe it pays down a bill, but it doesn’t pay down every bill every month.”
17. Going to a press conference without a TelePrompTer. I… Uhh… Umm… Could you repeat the question?
18. Using a TelePrompTer at a press conference. Big boys don’t need training wheels.
19. “Good evening, everybody. Please be seated. Before I take your questions tonight, I’d like to speak briefly.” 1,228 words later he took his first question.
20. Going after Rush Limbaugh.
21. Going after Rick Santelli.
22. Going after Jim Cramer.
23. “Never waste a good crisis.”
24. Obama supporter Warren Buffett: “I don’t think anybody on December 7th would have said a ‘war is a terrible thing to waste, and therefore we’re going to try and ram through a whole bunch of things and — but we expect to — expect the other party to unite behind us on the — on the big problem.’ It’s just a mistake, I think.”
25. Writing a love letter to Vlad and Dmitry.
26. Putting Poland under the bus.
27. Putting Tibet under the bus.
28. Putting Israel under the bus.
29. Taking Cuba out from under the bus.
30. Having his tax cheat go after the tax cheats in Switzerland. Cognitive dissonance.
31. “Karzai has a bunker mentality.”
32. Iran has plans to Marine One helicopters.
33. “I won.”
34. BlackBerry singing in the middle of the night/ Take these golden secrets and learn to fly…
35. Obama: “If Congress passes our plan, this company will be able to rehire some of the folks who were just laid off.” CEO: No. There will be more layoffs.
36. DVDs to Gordon Brown.
37. “You can’t take a trip to Las Vegas or go down to the Super Bowl on the taxpayers’ dime.” Vegas convention bookings nosedive.
38. Wagyu.
39. Reset/overcharge button given to Russia.
40. Taking a 4-day holiday weekend before signing “emergency” legislation.
41. “I did think it might be useful to point out that it wasn’t under me that we started buying a bunch of shares of banks. It wasn’t on my watch. And it wasn’t on my watch that we passed a massive new entitlement — the prescription drug plan — without a source of funding. And so I think it’s important just to note when you start hearing folks throw these words around that we’ve actually been operating in a way that has been entirely consistent with free-market principles and that some of the same folks who are throwing the word ’socialist’ around can’t say the same.”
42. Stiffing Chicago for nearly $2 million for that Election Night par-tay.
43. Caroline Kennedy.
44. Bombing Pakistan.
45. Sending the bust of Sir Winston Churchill back to the British.
46. “President Obama has accomplished more in 30 days than any president in modern history.”
47. A window is not a door.
48. Doctors must perform abortions.
49. Signing earmarks while denouncing them.
50. Adding signing statements while denouncing them.
51. Quadrupling the deficits, while denouncing them.
52. Missing the Gridiron Club dinner.

Jamson64 on March 13, 2009 at 8:16 PM

love your all or nothing type thinking when it comes to repubs and regulation. you my boy are a simpleton. i would guess you like it that way.

Jamson64 on March 13, 2009 at 8:10 PM

It’s the lefty way. Caricature, smear, lowest common denominator, ridicule, misrepresentation.

ddrintn on March 13, 2009 at 8:16 PM

ckoeber on March 13, 2009 at 8:14 PM

your post reinforces my point. you are simplistic.

i bet you are one of those idiots who did not know that the gop had their own stimulus bill but in the spirit of bipartisanship the dems did their own thing. you are truly naive and a dolt to boot. keep up your crap and watch the polls for your boy. do you get paid to carry his water by the way?

Jamson64 on March 13, 2009 at 8:19 PM

The Republicans have been the “all or nothing” party so far.

You can call me a simpleton in the echo chamber that is HotAir but until you come up with the answers that address the problems of our time all you are doing is making yourself feel better.

ckoeber on March 13, 2009 at 8:14 PM

seems as though you addressed my charge…lol..sarc
little boy grow up

Jamson64 on March 13, 2009 at 8:20 PM

Oh yes, the economy. Cut taxes and spending and get people working again. And stop scaring the hell out of them so that you can push through some insane over the top agenda that our great grandchildren will be paying for.

And the fact is that the Senate was controlled by the Democrats the first two years of Bush’s tenure in office as well as the last two years and the House was controlled by the Democrats the last two years of Bush tenure in office. Bush took office in January 2001, not 2000.

And when the Democrats took control of the Congress the unemployment rate was 4.5%. The deficit was about 153 billion. The Dow was over 12,000 and a gallon of gas was $2.25. The Democrats promised to get gas prices down. 18 months later, oil and gas prices were twice as high and Pelosi was fretting about saving the planet. They never did keep that promise, events brought down the price of gas. And I have no reason to believe that they will keep their other promises either.

Terrye on March 13, 2009 at 8:20 PM

The Republicans have been the “all or nothing” party so far.

You can call me a simpleton in the echo chamber that is HotAir but until you come up with the answers that address the problems of our time all you are doing is making yourself feel better.

ckoeber on March 13, 2009 at 8:14 PM

“All or nothing”? They spent themselves out of office. They tried to regulate GSEs.

ddrintn on March 13, 2009 at 8:21 PM

ckoeber on March 13, 2009

if you are right ..then all of bush’s towards more regulation must have been made up. hmmm you are a liar and distorter to boot.

Jamson64 on March 13, 2009 at 8:21 PM

What I’ll never get is why these guys forget what they said and did. Stewart blew Cramer’s credibility right off the bat. Amazing how Cramer tried to wiggle out and got nailed.

The questions Stewart asked were pointed and sharp. Too bad Frank and the banking committee can’t seem to do the same in their actual jobs.

We might have avoided this had they done so.

AnninCA on March 13, 2009 at 8:22 PM

AnninCA on March 13, 2009 at 8:22 PM

maybe stewart should be on the job…oh but then he would have to embarrass those that support obama’s theft from our kids.

Jamson64 on March 13, 2009 at 8:24 PM

Annin:

Oh please. Do you think Stewart would ask Dodd and Frank how much money they took from the banks they had oversight of? Do you think he would ask Obama what he did to get the hundreds of thousands of dollars in contributions from these same people?

The media and morons like Stewart made money off of all this and they did not pay any attention to what was going on until they thought they had to cover for Obama.

Terrye on March 13, 2009 at 8:28 PM

Republicans all or nothing? It seems to me that it was Obama smirking and saying I won. He refused to even talk to the Republicans.

Now this ugly baby is all his.

Terrye on March 13, 2009 at 8:30 PM

Name me one conservative who has won the nobel peace prize in the past 35 years.

Joe Pyne on March 13, 2009 at 8:09 PM

Mother Teresa and Lech Walesa had conservative qualities. Mother Teresa’s faith led her to her mission, while Walesa was instrumental in dismantling the Soviet empire.

dedalus on March 13, 2009 at 8:35 PM

I agree, I’d like to see some of the same sharp questions asked by some of those overseeing Freddie and Fannie.

Now, that would be one to tune into.

AnninCA on March 13, 2009 at 8:36 PM

In all of that time what have we accomplished that we can now tout as a lasting achievement besides keeping the country “safe”?

ckoeber on March 13, 2009 at 8:04 PM

“Safe” is something Clinton failed miserably at.
But since Obama can go around blaming Bush for the economic problems that he and his democratic friends were also instrumental in creating, it certainly can be said that Bush
inherited the terrorism problem that created 9/11 just months into his Presidency.

You can’t have it both ways.

Here are just a few:

Freeing over 50 million people from some of the worst terrorist regimes known to man,

Spending more money helping Africa than any other President,

Spending more money and accomplishing more to defeat Aids in Africa than any other President,

Spending more money and accomplishing more to defeat Malaria than any other President,

Defeating Al-qaeda in the central front in the war on terror,

Bush’s policies dropped the deficit 4 of 8 years Bush was president, held an average unemployment at 5.2%, saw the strongest productivity growth in 4 decades and witnessed robust GDP growth.
Bush was able to do this despite 9-11, a recession he inheritied, wars in Iraq and Afghanistan, and Hurricane Katrina.
He did this by cutting taxes and giving people back their own money to invest:

Unemployment Soars to Highest Level Since Clinton Years… It Must Be a Depression

The nation’s unemployment rate bolted to 7.2 percent in December, the highest level since Bill Clinton was in office.

Bush’s average unemployment rate:5.2
Worse than that…
This now means that the average unemployment rate during the Bush years reached the same threatening level as it was during the Clinton years…
Although it wasn’t such a big deal during the Clinton years:

saw the strongest productivity growth in 4 decades

http://bp0.blogger.com/_L6pDyjqqsvY/R9QeRH-mxbI/AAAAAAAAL7o/SZbTIKonkSU/s1600-h/productivity+rate.JPG


Myths & Facts About the Real Bush Record

http://www.realclearpolitics.com/articles/2008/12/myths_and_facts_about_the_real.html
at December 22, 2008 – 10:44:00 PM PST

As the year draws to an end and President Bush enters his final month in office, there is much commentary about the Administration’s record over the past eight years. Unsurprisingly, many of these stories assail and distort the President’s record and recycle myths and unfounded allegations that have been leveled for the better part of his two terms. Historical accuracy requires a response to the litany of attacks leveled against President Bush, and while there’s not enough space to respond to all of them, here are five of the most egregious:

Let’s see you defend:

Obama’s use of State Secrets,

Obama’s use of Rendition,

Obama backing out of Campaign finance reform,

Obama lying about not having lobbyist in his administration,

Obama using indefinite retention in keeping terrorist,

Obama’s administration not being transparent like he promised,

Obama being wrong about the surge,

Obama air raiding villages and killing civilians,

Obama being a chickenhawk,

Obama agreeing with Bush,adhering to the status agreement,and keeping troops in Iraq based on conditions on the ground,

Obama signing off on wasteful earmarks,

Obama acting like he wants bi-partisanship when his number one man says this:

And here’s Rahm Emanuel:
“I’ll tell you this,” Emanuel shouted out to his staff. “The Republicans may have the 72-hour program. But they have not seen the 22-month program!
“Since my kids are gone, I can say it: They can go —- themselves!”

combined with shutting Republicans out of discussions and reading a final draft on legislation before it is voted on.

Baxter Greene on March 13, 2009 at 8:41 PM

Ouch.

Tzetzes on March 13, 2009 at 8:57 PM

What I’ll never get is why these guys forget what they said and did. Stewart blew Cramer’s credibility right off the bat. Amazing how Cramer tried to wiggle out and got nailed.

You assume he ever had any credibility to begin with…he was an easy mark and got nailed. If he had more brain and less ego, he would have seen this coming 20 miles away…like I said, a public whipping ‘Pour encourager les autres’.

Too bad Frank and the banking committee can’t seem to do the same in their actual jobs.

Yes, funny that.

‘The questions Stewart asked were pointed and sharp.

Hey, here’s a crazy idea…Stewart could ask pointed and sharp questions to Dodd and Frank…nah, they are orthodox lefties who at least know enough not to bite the hand that feeds them. Any crimes they’ve committed were, by definition, for the public good. Off limits. Cramer is an expendable useful idiot…as all useful idiots are.

AUINSC on March 13, 2009 at 9:04 PM

Too bad Frank and the banking committee can’t seem to do the same in their actual jobs.

We might have avoided this had they done so.

AnninCA on March 13, 2009 at 8:22 PM

Why would Barney Frank,Chris Dodd,Maxine Waters and the rest of the democrats ask question about Fannie/Freddie when
they were paid to protect them and saw nothing wrong:

House Financial Services Committee hearing,:

Rep. Frank:

I do think I do not want the same kind of focus on safety and soundness that we have in OCC [Office of the Comptroller of the Currency] and OTS [Office of Thrift Supervision]. I want to roll the dice a little bit more in this situation towards subsidized housing. . . .

Rep. Frank said about Fannie and Freddie

That is, in my view, the two government sponsored enterprises we are talking about here, Fannie Mae and Freddie Mac, are not in a crisis. We have recently had an accounting problem with Freddie Mac that has led to people being dismissed, as appears to be appropriate. I do not think at this point there is a problem with a threat to the Treasury.

Rep. Frank: Let me ask [George] Gould and [Franklin] Raines on behalf of Freddie Mac and Fannie Mae, do you feel that over the past years you have been substantially under-regulated?
Mr. Raines?
Mr. Raines: No, sir.
Mr. Frank: Mr. Gould?
Mr. Gould: No, sir. . . .
Mr. Frank: OK. Then I am not entirely sure why we are here. . . .
Rep. Frank: I believe there has been more alarm raised about potential unsafety and unsoundness than, in fact, exists.

Rep. Maxine Waters (D., Calif.), speaking to Housing and Urban Development Secretary Mel Martinez:

Secretary Martinez, if it ain’t broke, why do you want to fix it? Have the GSEs [government-sponsored enterprises] ever missed their housing goals?


Rep. Waters:

Mr. Chairman, we do not have a crisis at Freddie Mac, and in particular at Fannie Mae, under the outstanding leadership of Mr. Frank Raines. Everything in the 1992 act has worked just fine. In fact, the GSEs have exceeded their housing goals. . . .

Sen. Charles Schumer (D., N.Y.): And my worry is that we’re using the recent safety and soundness concerns, particularly with Freddie, and with a poor regulator, as a straw man to curtail Fannie and Freddie’s mission. And I don’t think there is any doubt that there are some in the administration who don’t believe in Fannie and Freddie altogether, say let the private sector do it. That would be sort of an ideological position.
Mr. Raines: But more importantly, banks are in a far more risky business than we are.

Senate Banking Committee(concerning Fannie Mae and Freddie Mac), Feb. 24-25, 2004:

Sen. Christopher Dodd (D., Conn.): I, just briefly will say, Mr. Chairman, obviously, like most of us here, this is one of the great success stories of all time. And we don’t want to lose sight of that and [what] has been pointed out by all of our witnesses here, obviously, the 70% of Americans who own their own homes today, in no small measure, due because of the work that’s been done here. And that shouldn’t be lost in this debate and discussion. . .

.

As recently as last summer, when housing prices had clearly peaked and the mortgage market had started to seize up, Dodd called on Bush to “immediately reconsider his ill-advised” reform proposals. Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, said that the president’s suggestion for a strong, independent regulator of Fannie and Freddie was “inane.”

Yea right, it’s just astounding why democrats like Franks,Dodd,and Waters didn’t do more to regulate Fannie/Freddie with their obvious sharp intellect and ability of foresight.

Sarc/

What is a real crime is that democrats blocked these types of reforms and dismissed these types of warnings using class warfare and charges of racism:


New Agency Proposed to Oversee Freddie Mac and Fannie Mae

By STEPHEN LABATON
http://query.nytimes.com/gst/fullpage.html?res=9E06E3D6123BF932A2575AC0A9659C8B63&sec=&spon=&pagewanted=print

The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

warnings like these:

In the last year of the Republican Congress House GOP leaders were determined to try again. They put forward H.R. 1461 [109th]: Federal Housing Finance Reform Act of 2005.

If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.
– John McCain, May 25, 2006

Baxter Greene on March 13, 2009 at 9:15 PM

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