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Subject: Obama will be a one term president.
SYSOP    11/11/2008 7:39:57 PM
Obama will be a one term president.
Enter a more detailed explanation of the event. Give your thoughts of why or why not you think the even will happen. Let people know why you think this is important. This will posted to the message boards automatically.
 
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ker       2/17/2009 3:16:58 PM
Obama over promised on the change, transparency, competance and some other things.  The roll out of the administration continues.  Lets not go dead horse all over again.
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I sence that team Obama wories about the effect the job has on the man.  WH, Clinton,W all seen throught the eyes of Obama got bad cabin fevor and shot up their own cabin pretty bad.  Isolation and what not.
 
Team Obama, in my veiw, has set a priority on keeping Obama's head the way it was before he got the job.  Obama's mission is to change the job rather than let the job change him. 
 
The Black Berry stays.  Remember Clilnton loalist rumors that the guy who carried the football was a spy set by the Pentagon to learn what Clinton secrets liked telling China?  Maybe, I was in a weird rumor net back then but I do remember clinton sliping his Secret Service detail or leaving the football to take a cab.  Obama dosn't want people making list of who he sees and communicates with.  He will be the watcher and not the watched.
 
The Obama management style seams to be to hire the whole short list and make the job titals up as needed.  The old line is the conflict between the staff and the cabinet.  The Obama line is the mirror cabinet inside the staff and the core staff inside of that.  With all those people placed in jobs people can be put on make work or dismist with out being replaced.  Saves on those trips to capital hill for conformation.  It also thins out the air around the man.  He will not be the hostage of his public advisers.  "I brought you in to this world and I can take you out (with out the pain of replacing you.)" 
 
A particular threat to the mans brain is the Director of the Centrail Intelegence Agency. Well not any more. Leon E. Panetta, the former White House chief of staff,  is Obamas man at the agency not the agencys man with Obama.  No hair will set fire with out premision from Obama.  Who watches the watchers?  Well CIA gets the second pick for White House chief of staff.  They should feel apriceated. 
 
Let Obama be Obama.
 
 
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Necromancer    Jeb Bush 2012 is possible   2/19/2009 3:55:54 AM
A genuine conservative with genuine skills and credibilty, Obamas big government plan may fail and Jeb may walk in on the economy not improving. Obama made a mistake by not pursuing  Bush Jr with inquiries into Iraq etc. Washingtons a tough place, Obama was too soft on the wrongs commited by the Repubs last 8years. His soft approach lets Repubs of the hook and Jeb Bush relatively untainted and not controversial. Investigations into Florida vote count, Iraq etc would have defamed Obamas potential adversaries in 2012.
 
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ker       2/22/2009 7:35:29 PM

A genuine conservative with genuine skills and credibilty, Obamas big government plan may fail and Jeb may walk in on the economy not improving. Obama made a mistake by not pursuing  Bush Jr with inquiries into Iraq etc. Washingtons a tough place, Obama was too soft on the wrongs commited by the Repubs last 8years. His soft approach lets Repubs of the hook and Jeb Bush relatively untainted and not controversial. Investigations into Florida vote count, Iraq etc would have defamed Obamas potential adversaries in 2012.

"Did you hear the news?  My sons running for presedent.  The bad news is it's Gorge." Barbara Bush
Rice at Department of Education, Rummy at energy, Baker at State and Powel at DoD and Jeb in the oval- oh what could have been.  Jeb might have been able to manover more succefully to adapt to the PotP (party of the people) threat.
 
I still have a higher opinion of W than well everybody.  If you study martial arts you half to face the fact that the other guy may have studdied your moves to.  If that happens the "better" you preform what they taught you in class the worce you get hurt.  You need to learn the move and learn how to change it on the fly if anything feel funny.  If the other guy knows your move and trains to counter it (can predict what your doing) your dog meat. You can lear the counter-counter, that is start move A and when the enemys reates surprise him with move B.  If you can't spend that much time training you need to make stuff up in action.  A bad move no one has seen beats a good move the enemy plans on you making.  
 
 OIF was the "bad" move that worked.  AQ didn't see comming. 
 
I've said that if you make me breath though a straw I'm OK.  If you make me run a mile I'm OK, it;s a work out that makes me stronger.  If you make me run a mile wile breathing through a straw I have a problem.  Invading Afganistan made AQ breath though a straw and before they could fix the breathing problem the Iraq invation made them run a mile.  Oxegen deprevation made them dumb and they started fights is Saudi they didn't need.  They lost.
 
 
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ker       2/24/2009 1:31:07 AM
Wow did I take the bait or what.
 
More to the point, Obama will not go after W legally.  He might find some anti-war movement people to love bomb some wounded vets into filing a politically motivated court action but would maintain plausible.  Obama is what W was.  What W is Obama may well become.  Obama know that. 
 
Further more attacking W is a waste of ammunition/money/favorability.  When you attack you lose favorability with the public.  In a two man race that is an acceptable loss because if you do it well the other guy loses more so it's a net win.
 
W isn't worth one attack any longer.  Obama needs his favorability and can waist it going negative on anyone lest of all W.
 
Jeb will in my opinion will not run.  W sucked all the air out of that room.  It's kinda to bad.
 
If Jeb is the threat the Dems will hold most of their fire untill he is the canidate.  Then they will attack him and not his brother. 
 
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ker       2/25/2009 5:52:03 PM
Incumbents tend to win.  Obama has made skills and out flanks currant GOP on the youth angle.  He can be expected to win re-election.
 
Four years is an eternity in American politics.  The future is a sort of mine field that needs to be probed. 
 
I have suggested two critical occurrences either of which could lower Obamas likelihood of re-election seriously.
1. Katrina II
      An industrial accident precipitates a Jerry Springer fest in an American population center.  The front line police who have been shorted on training and cohesion fail to preform. Call it a spontaneous walk out.  The State government formations each major in covering their own assets and reputations.  The Federal government dose not have the needed number of people to confidently fill the gap.  Media spams the nation w/ catastrophed images and trembling voice overs making all of the above worse.
 
2. StimuliousGate
      In time it is determined that the stimulus package contains not only waist, fraud and abuse but Corruption on the scale of the House Bank Scandal.  Obama can not distance him self from the bill he told Pelosi to right and then championed through passage.  His repeated remarks against ear marks and bad faith legislating make the blow back worse.  Remember Daniel Rostenkowski's, Blogo and Obamas chief of staff all served in IL 5th congressional district.  link
History can repeatit's self.
 
Lets think about other possible but avoidable events with about a 20% chance of happening that would politically damage Obama.  This kind of planing is a clear part of team Obamas job so we should help out.
 
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HERALD1357    We may have to accept two to four years more damage to fix the mess we are in.   2/26/2009 4:28:07 PM
Since BHO is one of the major ones, who actually caused the problem, we need to start thinking of yet ANOTHER solution.
 
Herald
 
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ker       2/27/2009 12:25:47 AM
link Quotables and  link Stimuluses waffle.
 
World 2/26  page 18 and 19 repeated "Quotables".  I remixed the pages omitting much and mashing up the order.
 
"There is still a 30 precent chance we will get it wrong." VP Biden
 
"Vice President who?"  Obama
Press giggle
"You know, I don't remember exactly what Joe was referring to, not surprisingly."  Obama
 
"One day a peacock. The next day a feather duster." Gov. Quinn, Illinois.
 
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ker    Shared Sacrifice   2/28/2009 5:13:49 PM
"policy is to not remark on security issues." = "government denies knowledge"
 
In Obamas message OIF is ending like the cold war, nobody won, nobody lost, nothing changed, it was all a misunderstanding and wiser minds just quit making every thing better.  All our "war dreams" and injures were self inflicted.
 
Expect him to have is own misunderstanding, not just in Afghanistan.
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Obamas war of choice is the war on the American economies.  Using the vague term "depression" to grease the rails for the stim has run it's course. Now he tacks the other way and puts out the talking point discussed as economic analysis that the economies will grow soon because of the stim.  Not because of the underlining strength of the American system but because of the patch he just slapped on.  Independent economists are all underestimating the turn around because they don't know the "insider information" that Obama has because his people wrote the stim.
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CA may be regretting the bonds it f lotted to fund fetal stem cell industry.  The fetal stem cells get rejected like an organ transplant and grow puss fill bags of hair and teeth inside the tissue they are supposed to fix.  Send more money.  The bad part is that the state could really use the room on it's credit cards right now. 
-----------------------------------------------------------------
Income tax modifications will be sold as means to slow growth of  debt.  Thats like painting an aircraft carrier with you fingers.  Income tax is to adjust the power differential between the donor class and the elected class.  Who owns who.  Then we will get the BFG, big fat gouge, a new consumption tax.  (I have liked some consumtion tax replacing other tax burdens not just fishing for moeny.) It won't cover the debt either but will be large to the extent that they can pretend.  It might even fool China.  HRC is back in the Asia loop and telling stores.  The story we will get is that the BFG will fix health care and GM.  Health care and union work rules will continue to be complicated and expensive. Patronage health care is coming soon to a barbershop near you.  I also predict that if you take student loans and then gain employment in a "politically incorrect" field the government will claw back your loan.  That way they can shape us toward the public good.  They work for you night and day. Nationalized banks can get into politically motivated "red lining."  You want a loan for an AM or FM station??  No, your business model looks to risky in the present [political] climate.  But don't worry Barny Frank promises to give the banks back when he is done with them.  He even wants to take them to the wash.
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If you though exporting jobs was painful your gonna just love capital flight.
 
 
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ker       2/28/2009 5:19:12 PM

Since BHO is one of the major ones, who actually caused the problem, we need to start thinking of yet ANOTHER solution.

 

Herald



Your right.  The real turn around will look like Margaret Thatcher  link comming to power in Briton. 
 
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ker    To Big To Fail?   3/2/2009 5:42:30 PM
GOP, "It's not a stim bill it's a spend bill."
 
Obama, "That's the point!"
 
For all the love Obama gets for being intellectual his explanation of Keynesian economics was W like in it's folksinesses.
 
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No economic idea survives contact with a politician. 
 
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John Kenneth Galbraith published The New Industrial State in 1966.  It argued that the big organization will beat the small organization because of the benefits of large scale and scope.  When records were kept by file clerks this was true.  Employee #500 contributes more than employee #5.  Employee #50,000 is the most productive employee of all.  Big organizations work better because of the technology used. 
 
It was a good desecration of historical trends.
 
Gordon Moore's little law first saw the light of day in 1965.  Moore's law kicked Galbraith's books ass.
 
One person with a spreed sheet can do the work of all the file clerks in the world in 1966.  The fact that really big companys have better training programs for their file clerks than smaller companys mattered.  Then it didn't.
 
Bigs advantage over small is so last century.  Or do I mean the century before that?
 
Galbraith thought that IBM and GM were too big to fail.  IBM trashed Palo Alto and failed.  GM is hiding it's failure by merging with a big insurance company called the United States.  The efficiency of big over small is over.  The political power of big over small hangs on.  Galbraiths idea that small can't work as fast or as cheaply as big was true until it wasn't.  People who don't know Galbraith pretend that "to big to fail" still means something economic.  It doesn't. 
 
Big might help corner a market by buying your competition but it mostly helps by increasing your positive attention from elected officials.
 
To big to fail is now a political not an economic condition.  It now means that the political powers will prop up a company no matter what the costs. 
 
Many of our institutions, schools and companys, still cling to an industrial organizational model.  The only advantage to the model is that it sinks well with our industrial model government.  Government may protect big industrial legacy institutions at the expense of smaller independent flexible shops.  It's easier to tell GM workers you saved GM than it is to tell small business start up employees you gave them their jobs.  Small business employees know the boss personally and see that the government isn't doing his work for him.
 
Small banks don't treat their congressional representatives as well as big ones.  Other wise the regulators would trust bust the banks down to a size where failures would be none events.
 
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Economics and politics blur together.  Dose this idea work because it's good or because the government thinks it's good? 
 
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Dose a economic idea like "stimulus" or "too big to fail" work because of the underlining economics or because of the overlaying psychology.  Will pre-Watergate scandal economic ideas work in the same way in the inter net envirment?  No. Macro-ecconomics have as much to do with mass hypnosis as math. 
 
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So the next "to big to fail" is the treasury of the United States of America.  Will we as a nation succeed because we do what it takes to take care of our selves or because the over seas lenders can't live with out us? 
 
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ker    Poll Degredation   3/4/2009 6:59:08 PM
Consider the distinction between graceful and non-graceful degradation of poll numbers and the mental states they attempt to model. 
 
Non-graceful degradation is a hit on the cooling system of a water cooled single engine aircraft.  Engine cooks it's self to death and plane is in trouble.
 
Graceful degradation is a hit on the cooling fins or cowling of an air cooled engine.  More so in a four engine bird.  The engine needs repairs but may fly home with out much lose of performance.
 
Both planes were degraded.  In one case the damage was limited and in the other it started a positive feed back loop where one failure (coolant leak) lead to another (over heating) which lead to a third (crash landing).
 
How will Obama function as he takes hits.  People like him (independents included) but are shaky about the plans and actions (independents and some Dems are complaining).  Call that FLACK. 
 
As the first term moves forward different kinds of FLACK will be encountered.  The effects may very well be additive.  That office beats people up.  Obamas moves telegraph that he wants to stay young and pretty.  Hair die and exercise help.  Date nights and boys sporting nights help both the man and the image.  "Don't let them see you sweat" is the clear intention. 
 
What kinds of FLACK can Obama take and what kinds will he need to avoid?  How well will be be able to avoid FLACK by blaming the messengers.  The Dems seam to want to keep Rush in thee news.  The message being that America has only one moderate political party.  There for if Obama fails the country spins into the ground.  Wrapping him self in a crises to suppress FLACK.
 
History tells me that for some leaders that is a time limeted solution.  lets see how gracefull it is for Obama.
 
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ker    The easy button   3/9/2009 7:48:57 PM
Would some one tell the Sec. State to take a Russian speaker with her when she visits Russia.  Maybe one who can spell.  Playing sloppy school girl to the Russian foreign minister - I don't think so.  My read on the Russians is that their not much into prop comics. 
 
Good thing the GOP never misspells or mispronounces anything. 
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I think some people over estimate the importance of a growing economy in securing the election of a Dem president incumbent.  That factor can be over come if the number of people working on government payrolls or union/party lists can be grown large enough.  The power of patronage goes up not down in times of economic pain.
 
Killing the stock markets helps Dems make a anti-republican punch line out of "Ownership Society".  People can be taught that the reason they have a job is not the "real economies" but the party.  Fear rather than love.
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VP dance party.  Failing to invite the press or fabricate a strait story about who didn't invite the press was a good way to get a lot of press.  Making the press part of the story gets you more press.  The message was that the unions call the tunes and the administration intends to dance up a storm.  Proof that their are not tears for the stock market in the white house.  I wonder if they want to raise cap gains tax and complicate dividend payments.
 
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ker    Descent is patriotic.   3/10/2009 8:45:21 PM

Descent is still patriotic.

 

link Howard Fineman

 

?A Turning Tide?

?Obama still has the approval of the people, but the establishment is beginning to mumble that the president may not have what it takes.
[snip]
?Swimming in the middle, he's denounced as a socialist by conservatives, criticized as a polite accommodationist by government-is-the-answer liberals, and increasingly, dismissed as being in over his head by technocrats.
[snip]
?? in ways both large and small, what's left of the American establishment is taking his measure and, with surprising swiftness, they are finding him lacking.

[snip]

 ?He'd have made a fine judge. But we don't need a judge. We need a blunt-spoken coach.

?Obama may be mistaking motion for progress, calling signals for a game plan. A busy, industrious overachiever, he likes to check off boxes on a long to-do list.?

[Fineman lists complaints by big beltway, media and economic players.]

  • The $787 billion stimulus, gargantuan as it was, was in fact too small and not aimed clearly enough at only immediate job-creation.
  • The $275 billion home-mortgage-refinancing plan, assembled by Treasury Secretary Tim Geithner, is too complex and indirect.
  • The president gave up the moral high ground on spending not so much with the "stim" but with the $400 billion supplemental spending bill, larded as it was with 9,000 earmarks.
  • The administration is throwing good money after bad in at least two cases—the sinkhole that is Citigroup (there are many healthy banks) and General Motors (they deserve what they get).
  • The failure to call for genuine sacrifice on the part of all Americans, despite the rhetorical claim that everyone would have to "give up" something.
  • A willingness to give too much leeway to Congress to handle crucial details, from the stim to the vague promise to "reform" medical care without stating what costs could be cut.
  • A 2010 budget that tries to do far too much, with way too rosy predictions on future revenues and growth of the economy. This led those who fear we are about to go over Niagara Falls to deride Obama as a paddler who'd rather redesign the canoe.
  • A treasury secretary who has been ridiculed on "Saturday Night Live" and compared to Doogie Howser, Barney Fife and Macaulay Culkin in "Home Alone"—and those are the nice ones.
  • A seeming paralysis in the face of the banking crisis: unwilling to nationalize banks, yet unable to figure out how to handle toxic assets in another way—by, say, setting up a "bad bank" catch basin.
  • A seeming reluctance to seek punishing prosecutions of the malefactors of the last 15 years—and even considering a plea bargain for Bernie Madoff, the poster thief who stole from charities and Nobel laureates and all the grandparents of Boca. Yes, prosecutors are in charge, but the president is entitled—some would say required—to demand harsh justice.
  • The president, known for his eloquence and attention to detail, seemingly unwilling or unable to patiently, carefully explain how the world works—or more important, how it failed. Using FDR's fireside chats as a model, Obama needs to explain the banking system in laymen's terms. An ongoing seminar would be great.
  • Obama is no socialist, but critics argue that now is not the time for costly, upfront spending on social engineering in health care, energy or education.

?Other than all that, in the eyes of the big shots, he is doing fine. The American people remain on his side, but he has to be careful that the gathering judgment of the Bigs doesn't trickle down to the rest of us.?
-------------------------------------------------

 

"Obama as a paddler who'd rather redesign the canoe."  Smells like descent.  Ann link isn't the only person who thinks that descent is patriotic. link

 

Remember when Hill said that "descent was the highest form of patriotism".  Then Obama made his bones in descent against W.  Reed undercut W in negotiations  by declaring the war effort a failure.  NOW, it's unpatriotic to talk of Obama failure. And so soon.

 

Politics 101 define your self before your enemy defines you.  Corollary: Define your enemy.  Pick enemies carefully. 

 

Obama continues to define him self as the last best hope.  No alternative. All in.  A secondary action in support of Obama?s self definition is to pick an enemy.  OBL is a bad pick because it implies Bush was right about something.  We talk to people now and they are not enemies any more.  W was paranoid and saw enemies where there would not be any if W talked.  The ENEMY is RUSH.  Fight Fight Talk Talk Radio Radio

 

"If your not with us your against us."  was mad man across the water talk when W said it about terrorism.  Now, team Obama says it about the press.  We have enemies, real and dangerous and clear and present.  Their name is RUSH. 

 

Team Obama are working the reefs.  They are defining opposition to Obama as illegitimate.  Rich white men with grandiose personalities and drug habits- only they oppose the O man.  I hope Howard Fineman doesn?t have anything embarrassing in his government files. ?Good night and good luck.?

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Bush women all had flabby arms.  You have heard of women with ?nice personalities? but that?s out dated.  Now, women so gifted have ?great arms.? 

I like tight arms and I can not lie.  You other brothers can?t deny.  Dial 1-900-MIXALOT and kick them nasty thoughts

link

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Blair, no favorite of the currant left, made great political gains with his New Labor.  Obama may I is the new game.  Obama says that no one can be new but Obama.  Obama paints opposition as old by making Rush the face of the opposition.  Rush is ancient history, why he was around when Clinton fatigue was new. 

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36-24-36
Only if she's 5'3"

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If we in the 1950?s continue to increase telephone use at that rate we would all half to become telephone operators.  Today we all are telephone operators. 

 

If we continue the increase in the production of paper we will all half to be in the steno pool. Your in the steno pool.

 

If current trends continue. We are all Rush now.

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So the pattern is the triad thesis, antithesis, synthesis. link style="color: black">. 

Obama wants to be the final synthesis.  The thesis w/o antithesis.  W just wanted to be the decider.  Who is the megalomaniac?  Obama opposed W harshly and then adopted traits from W to make him self electable. Increased aggression in Afghanistan being just one example.  So Obama has been promoted from anti-W antithesis to post-W synthesis.  Each future only last so long. Quickly Obama is becoming the establishment thesis if only to avoid war with Reed/Pelosi.  A thesis begs an antithesis.  Obama fears this.  He hopes to protect himself by creating/recruiting his own antithesis, one he feels he can master.  He selects an opponent who will lift up his strengths rather than his weakness.  This will all work perfectly until some time in April. 

 

Obama is an industrial age man who uses information age wall paper.  He can see the information age but is not of it.  Obama hopes to only face opposition that is more industrial age than he.  That would give him a comfortable advantage.  That is also a wish dream fantasy with out substance.  The information age opposition to Obama is still forming and may not be centered in the GOP.  It will not have a centralized leader but it might have a mascot which the industrial heads mistake for a centralized leader.  Maybe a 16 year old incarnation of Tammy Bruce. link

 

 

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link

 

 
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ker       3/11/2009 8:36:04 PM
link Churchill Memorial
 
I have a place for the bust of Churchill that Obama failed to quietly sweep out to sea.  It would sit nicely with the London church that was bombed and burnt by the blitz and then rebuild stone by stone in middle America.  They also have a section of the Berlin wall.  Westminster College in Fulton, Missouri is where the Prime Minister gave  Sinews of Peace  Speech.    . link text of speech
  
Westminster College would display the bust prominently, continually and in proper context.
 
Thats all I have to say about that.
 
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ker    3rd Event. Disorderly Unwind   3/11/2009 11:15:59 PM
I have described two potential events that could cost Obama.
 
1. Katrina II
      An industrial accident precipitates bad behavior by citizens, police, media and middle bureaucrats.  Obama lands Air Force One near the event.  It doesn't help. 
2. StimuliousGate
      In time it is determined that the stimulus package contains not only waist, fraud and abuse but industrial scale Corruption.
 
I would like to introduce a third.
 
Disorderly Unwind
 
The lay of the world economies is that America buys and China, Japan and Germany sell.  Mostly China and her wayward children.  We must give something in exchange for the products and because they don't buy equal value in our exports we give then paper, IOU's with interest (T Bills).  All these countrys are funtioning on their own domestic agendas.  American ecconomics are patterned on consumtion and income/payroll tax.  American consumer spending out strips the total GDP of any other nation.  Other nations patern their ecconomies on export prodution and consumtion taxes.  Feed the American egale and take it's pop to the bank.   You can only have one side of the equation if you have the other.  They can't sell unless we buy and we can't buy unless they lend.  Then they lend us more to pay the interest back to them. 
 
In that long term context other things happen.  They always do.  The very big American ecconomie (that pays the taxes that secure T bills) was inflated with consummer debt.  Then like a cold fish slap it wasn't funny any more.  People desided to spend and lend less. Comercial banking respndes to consummer fear buy reducing outstanding loans. Employers who were borrowing payrole lose credit lines and confedence so they lay off workers.  Worry about layoffs spooks consumers. Positive feed back loop. We found a new balance but the ecconomie got smaller.  The American one got a little smaller and the South Korean one got decimated, twice.  U.S. gets a sniffle and the world gets double namonia. 
 
America states that human rights will no longer be the basis of Sino-American relationship. 
-------------------------
Obama, "If one more reporter askes me about socialism I will bail out that reporters empoyer and reassighn that reporter to Alaska or Siberia which ever one proves I'm not a socialist." 
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When the ecconomie shrinks even a little bit it has consequences.  Everybodys psycology gets jinxed.  The tax revenues decline.  Intitalment spending goes up.  Doing more with less is not a public sector skill.  Frankly when you threaton to cut out lays to a goverment agency they tend to redirect the moeny they have away from their overt mission toward the covert mission of lobbing goverment for more resources.  This is both eligal and common.  So goverment need to borrow moeny to cover the short fall.  Three not so small problems. We were already borrowing money to cover normal spending.  We have significan existing debt.  We promised the boomers they could retire with out thinking it through.  (Remember that when the boomers came to kindergarden there wern't desks for them all? No?  Social securety and medicare don't rememdr eather.)  So what we half to do is spend even more money to "stim" the ecconomie and move lots of workers off the dole and back to paying payroll tax.  (Giving you unimploment is to expencive so I'm going to pay you full time wages and benifits instead. This is how goverment saves moeny.)
 
The "stim" has other problems.  China and America intend to each spend 2% of GDP for two years to replace consummer demand with goverment demand.  Some say that amount is too small. (Too much  is never enough.) It looks even smaller if it's intended to stim the whole world.  Obama wants the G20 to agree to spend out with him.  They find his desire not to their liking.  Contenetal Europe has been looking for a chance get Anglo-Saxon capitalim down on it's back for a long time now.  We have made them look bad sence WWII and they ain't about to help us keep it up.  Obama wants to drive capitalism forward with goverment spending. Contenental Europe wants to tame capitalism with regulation of a social democrate nature.  Thick headed Americans call that socilism.  If you think asking the UAW to take pay cuts to save GM is hard, try asking the French to borow and spend moeny to cover over the fact that Americans borowed and spent too much moeny. 
 
The rest of the G20 want to write more rules that move influence away from capitalists and towards the political class.  Capitalism on a tight leash you might say.  That dosn't begin to get Obama over the hump. 
 
In hind sight Obama needed to play Tom Sawyer and get the G20 to pay him for the privalage of white washing his fence.  As it stands he may look like a distressed salesman who needs to sell some hot potato so he dosn't get stuck with it.  Not a winning position.
 
Now, in the ranks of Obamas party are folk who want protectionism as a cure.  Not a winning position.
 
We might like to have a smouth shift towards more equal consumtion and prodution in each country.  With America allowed a little surpluse to work down it's debt over the next 100 years.  The lending countrys don't really want to white wash that fence for us.  If we sell stuff with out finding new buyers it just crashes prices and dose no one good. 
 
Obama wants to unwand this knote well because small mistakes could make big ecconomic disruptions.
 
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"The busted banks were all heavily regulated; it was regulation that failed, critics murmur.

"The eurozone is signalling more concern to protect the single currency, already under huge strain, than to pile up yet more debt to refloat beached economies. Obama may boast more of a European social democratic heart than any previous president, but his head is firmly America First."

 
 
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