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Thread: Krauthammer compares Obama Speech to Hugo Chavez

  1. #1

    Krauthammer compares Obama Speech to Hugo Chavez

    DECEMBER 9, 2011 12:00 A.M.
    Obama’s Campaign for Class Resentment
    The president has nothing to run on but crude populism.

    In the first month of his presidency, Barack Obama averred that if in three years he hadn’t alleviated the nation’s economic pain, he’d be a “one-term proposition.”

    When three-quarters of Americans think the country is on the “wrong track” and even Bill Clinton calls the economy “lousy,” how then to run for a second term? Traveling Tuesday to Osawatomie, Kan., site of a famous 1910 Teddy Roosevelt speech, Obama laid out the case.

    It seems that he and his policies have nothing to do with the current state of things. Sure, presidents are ordinarily held accountable for economic growth, unemployment, national indebtedness (see Obama, above). But not this time. Responsibility, you see, lies with the rich.
    Or, as the philosophers of Zuccotti Park call them, the 1 percent. For Obama, these rich are the ones holding back the 99 percent. The “breathtaking greed of a few” is crushing the middle class. If only the rich paid their “fair share,” the middle class would have a chance. Otherwise, government won’t have enough funds to “invest” in education and innovation, the golden path to the sunny uplands of economic growth and opportunity.

    Where to begin? A country spending twice as much per capita on education as it did in 1970 with zero effect on test scores is not underinvesting in education. It’s mis-investing. As for federally directed spending on innovation — like Solyndra? Ethanol? The preposterously subsidized, flammable Chevy Volt?

    Our current economic distress is attributable to myriad causes: globalization, expensive high-tech medicine, a huge debt burden, a burst housing bubble largely driven by precisely the egalitarian impulse that Obama is promoting (government aggressively pushing “affordable housing” that turned out to be disastrously unaffordable), an aging population straining the social safety net. Yes, growing inequality is a problem throughout the Western world. But Obama’s pretense that it is the root cause of this sick economy is ridiculous.

    [B]As is his solution, that old perennial: selective abolition of the Bush tax cuts. As if all that ails us, all that keeps the economy from humming and the middle class from advancing, is a 4.6-point hike in marginal tax rates for the rich.

    This, in a country $15 trillion in debt with out-of-control entitlements systematically starving every other national need. This obsession with a sock-it-to-the-rich tax hike that, at most, would have reduced this year’s deficit from $1.30 trillion to $1.22 trillion is the classic reflex of reactionary liberalism — anything to avoid addressing the underlying structural problems, which would require modernizing the totemic programs of the New Deal and Great Society.[/B]

    As for those structural problems, Obama has spent three years on signature policies that either ignore or aggravate them:

    A massive stimulus, a gigantic payoff to Democratic interest groups (such as teachers and public-sector unions) that will add nearly $1 trillion to the national debt.

    A sweeping federally run reorganization of health care that (a) cost Congress a year, (b) created an entirely new entitlement in a nation hemorrhaging from unsustainable entitlements, (c) introduced new levels of uncertainty into an already stagnant economy.
    High-handed regulation, best exemplified by Obama’s failed cap-and-trade legislation, promptly followed by an EPA trying to impose the same conventional-energy-killing agenda by administrative means.

    Moreover, on the one issue that already enjoys a bipartisan consensus — the need for fundamental reform of a corrosive, corrupted tax code that misdirects capital and promotes unfairness — Obama did nothing, ignoring the recommendations of several bipartisan commissions, including his own.
    In Kansas, Obama lamented that millions “are now forced to take their children to food banks.” You have to admire the audacity. That’s the kind of damning observation the opposition brings up when you’ve been in office three years. Yet Obama summoned it to make the case for his reelection!

    Why? Because, you see, he bears no responsibility for the current economic distress. It’s the rich. And, like Horatius at the bridge, Obama stands with the American masses against the soulless plutocrats.
    [B]
    This is populism so crude that it channels not Teddy Roosevelt so much as Hugo Chávez. But with high unemployment, economic stagnation, and unprecedented deficits, what else can Obama say?[/B]

    He can’t run on stewardship. He can’t run on policy. His signature initiatives — the stimulus, Obamacare, and the failed cap-and-trade — will go unmentioned in his campaign ads. Indeed, they will be the stuff of Republican ads.

    What’s left? Class resentment. Got a better idea?
    Last edited by chiefst2000; 12-09-2011 at 02:20 PM.

  2. #2
    [QUOTE=chiefst2000;4270133]DECEMBER 9, 2011 12:00 A.M.

    What’s left? Class resentment. Got a better idea?[/QUOTE]

    Racial divide will also be used as we have seen already!

  3. #3
    [QUOTE=cedk;4270141]Racial divide will also be used as we have seen already![/QUOTE]

    Thats racist. The Tea Party is Racist. Anyone that doesn't vote for Obama is Racist. Or at least that's what I heard on MSNBC yesterday.

  4. #4
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    What I found funny was Obama mentioned Nationalism specificly, in discussing what are (to many) quite Socialist/Collectivist ideas.

    Nationalist Socialism.

    lol. Speechwriter fail is fail.

  5. #5
    [QUOTE=chiefst2000;4270133] As is his solution, that old perennial: selective abolition of the Bush tax cuts. [/QUOTE]

    the Bush tax cuts were never designed to be permanent. they were written as a break and designed to expire. temporary tax breaks are way easier to legislate than permanent tax cuts.

    of course, the congress can, at any time, choose to make them permanent, but that requires funding them permanently. What ever happened to fiscal conservation?

    **

    and as a greater note this author harps about economic distress. Things aren't all that bad. unemployment is at lowest rate in 2 years (even using the real number including those not looking). first time jobless benefits numbers for november were lowest in all of 2011. we have had mild GDP growth since summer of 2009.

    Im sorry right wingers that things aren't as dire as you need them to be to win an election. Keep rooting against America tho, good luck with that.
    Last edited by bitonti; 12-09-2011 at 02:42 PM.

  6. #6
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    Two guys I can listen to all day long. Kraut, and Cornell West.

  7. #7
    [QUOTE=bitonti;4270180]the Bush tax cuts were never designed to be permanent. they were written as a break and designed to expire. temporary tax breaks are way easier to legislate than permanent tax cuts.

    of course, the congress can, at any time, choose to make them permanent, but that requires funding them permanently. What ever happened to fiscal conservation?

    **

    and as a greater note this author harps about economic distress. Things aren't all that bad. unemployment is at lowest rate in 2 years (even using the real number including those not looking). first time jobless benefits numbers for november were lowest in all of 2011. we have had mild GDP growth since summer of 2009.

    Im sorry right wingers that things aren't as dire as you need them to be to win an election. Keep rooting against America tho, good luck with that.[/QUOTE]

    Jobless rate declined because 300,000 people gave up on looking for jobs. We are trying to save America from the Bolshevic in chief and his lame "its the rich people's fault" campaign. Good luck with pushing socialism in America. Article clearly shows the Bush tax cut for the rich contrubutes 30 billion per year to the 1.3 trillion dollar deficit. Where is Obamas budget? Where is his economic blueprint? Link?

  8. #8
    [QUOTE=chiefst2000;4270258]Jobless rate declined because 300,000 people gave up on looking for jobs.[/QUOTE]

    Some of those retired. And 120,000 people got jobs. like i said already even counting those who gave up looking it's still good news. Consumer spending is up. Markets are up. By basically every measure we are not in dire straights.

    and let me ask a further question... let's grant for the sake of argument that we are in economic hell. Who's fault is that? Obama? I don't think so. Everything was imploding when he still running for the job.

    [QUOTE=chiefst2000;4270258]
    Article clearly shows the Bush tax cut for the rich contrubutes 30 billion per year to the 1.3 trillion dollar deficit.[/QUOTE]

    how much does the whole tax cut contribute? gotta be at least 100 billion... or more. Eventually the whole thing is going to expire. as it should. there are laws in this country and one of those laws is that permanent tax cuts cannot be passed without Congress finding the funding for it. Temporary tax cuts can be passed without such changes. This is a temporary tax cut, that lasted far too long.
    Last edited by bitonti; 12-09-2011 at 04:24 PM.

  9. #9
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    [QUOTE=bitonti;4270313]Some of those retired. And 120,000 people got jobs. like i said already even counting those who gave up looking it's still good news. Consumer spending is up. Markets are up. By basically every measure we are not in dire straights.

    and let me ask a further question... let's grant for the sake of argument that we are in economic hell. [B]Who's fault is that? Obama?[/B] I don't think so. Everything was imploding when he still running for the job.



    how much does the whole tax cut contribute? gotta be at least 100 billion... or more. Eventually the whole thing is going to expire. as it should. there are laws in this country and one of those laws is that permanent tax cuts cannot be passed without Congress finding the funding for it. Temporary tax cuts can be passed without such changes. This is a temporary tax cut, that lasted far too long.[/QUOTE]

    [url]http://www.youtube.com/watch?v=OlSd9OURbCE[/url]

  10. #10
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    [QUOTE=bitonti;4270313]Some of those retired. And 120,000 people got jobs. like i said already even counting those who gave up looking it's still good news. Consumer spending is up. Markets are up. By basically every measure we are not in dire straights.

    and let me ask a further question... let's grant for the sake of argument that we are in economic hell. Who's fault is that? Obama? I don't think so. Everything was imploding when he still running for the job. [/QUOTE]

    [B][U]Obama/Biden 2012:[/U][/B] Everything is Awesome, and if it's Not? It's Bush's Fault!

  11. #11
    [QUOTE=bitonti;4270180]the Bush tax cuts were never designed to be permanent. they were written as a break and designed to expire. temporary tax breaks are way easier to legislate than permanent tax cuts.

    of course, the congress can, at any time, choose to make them permanent, but that requires funding them permanently. What ever happened to fiscal conservation?

    **

    and as a greater note this author harps about economic distress. Things aren't all that bad. unemployment is at lowest rate in 2 years (even using the real number including those not looking). first time jobless benefits numbers for november were lowest in all of 2011. we have had mild GDP growth since summer of 2009.

    Im sorry right wingers that things aren't as dire as you need them to be to win an election. Keep rooting against America tho, good luck with that.[/QUOTE]...two things my friend...a paper bag will beat Obama in Nov and the left is out of ideas,hence the class warfare routine...

  12. #12
    [QUOTE=bitonti;4270313]Some of those retired. And 120,000 people got jobs. like i said already even counting those who gave up looking it's still good news. Consumer spending is up. Markets are up. By basically every measure we are not in dire straights.

    and let me ask a further question... let's grant for the sake of argument that we are in economic hell. Who's fault is that? Obama? I don't think so. Everything was imploding when he still running for the job.



    how much does the whole tax cut contribute? gotta be at least 100 billion... or more. Eventually the whole thing is going to expire. as it should. there are laws in this country and one of those laws is that permanent tax cuts cannot be passed without Congress finding the funding for it. Temporary tax cuts can be passed without such changes. This is a temporary tax cut, that lasted far too long.[/QUOTE]

    The majority of the tax cut was for earners making under 200K. No politician will raise it back up for that group. The economic mess we are in was caused by faulty government social engineering policy and exacerbated by wall street greed. Not Bush's fault. Not Obama's fault. Ontop of that we have a structural entitlements problem that we have known about since Perot railed about it in the 1992 election. No politician has been able to get a solution through because it was always far off. Now that the time of reckoning is here we need a solution.

    Obama has not bothered to offer a solution. No plan. No outline. Nothing. His stewardship of the economy has made things worse. Economies have ebbs and flows. Presidents and governments can effect things in a positive or negative way. This president has pursued economic policies that have backfired. His entire economic plan was to push the economy towards a "green economy". He ran on the promise of "Green Jobs". He has invested over 35 billion in his green jobs agenda with nothing to show for it. It was a complete failure. No jobs.

    To put this into perspective if an indicidual had 35 billion dollars they would be one of the 10 or 20 richest people in the world. He spent a trillion dollars on a stimulus that at best saved a few hundred thousand jobs. Most of which will be eliminated once government money runs out. That came at a cost of millions per job! Not a wise use of the peoples money. Worse in a time when healthcare costs are the single largest factor holding down the economy he passed a healthcare bill that has caused a rise in premiums of over 50% in 3 years. That plus the 3% payroll tax associated with Obamacare and the trillions in new entitlements coming from Obamacare that we have no ability to pay for is a complete disaster.

    In a time when we need to cut entitlements to keep the programs solvent your man passed a new one that will cost trillions!! No budgets in 3 years. No economic plan. An green energy agenda that has failed. A complete disaster.

  13. #13
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    [QUOTE=2foolish197;4270341]...two things my friend...a paper bag will beat Obama in Nov and the left is out of ideas,hence the class warfare routine...[/QUOTE]

    Thing is...the Republican nominees have been engaging in far more class warfare than Obama.

  14. #14
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    [QUOTE=PlumberKhan;4270624]Thing is...the Republican nominees have been engaging in far more class warfare than Obama.[/QUOTE]

    Link?

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    [QUOTE=shakin318;4270632]Link?[/QUOTE]

    Because they use the term ever 16 seconds. They figure that if they throw the term at Obama enough, people won't see the class warfare they've been engaging in.

    Republicans crack me up. What a bunch of victims. lolz...

  16. #16
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    [QUOTE=PlumberKhan;4270636]Republicans crack me up. What a bunch of victims. lolz...[/QUOTE]

    I have to agree with your lol, just not for the reason you think. This post says so much.

  17. #17
    [QUOTE=2foolish197;4270341]...two things my friend...a paper bag will beat Obama in Nov [/QUOTE]

    a paper bag would be an improvement on the current GOP field. you don't have a candidate who can beat Obama, period. Enjoy the next 5 years.

  18. #18
    [QUOTE=chiefst2000;4270351]The majority of the tax cut was for earners making under 200K. No politician will raise it back up for that group. r.[/QUOTE]

    they don't have to raise it up, all they have to do is nothing (what they are good at) and it will expire on it's own.

  19. #19
    Lets face it the race and the 1% card are the only thing he can run on. He has not accomplished anything else. The unemployment rate has gone down but wait till after the holidays it will go back up. The government debt has increased by 2 fold in 3 years and the level of poverty in this country has doubled. Is this something you can run on? :confused:

  20. #20
    I have followed Krauthammer's work on a fairly regular basis for a while and I can say the following with absolute confidence:

    1. Few people are as intelligent and offer the depth of knowledge that Krauthammer possesses. He is one of the go-to political voices on the conservative side. If you want to understand what a strong conservative thinks about the issues, he is the one of the very best to read (unlike buffoons like Hannity and Limbaugh who are embarrassing).

    2. He is horribly biased. He is as biased as Paul Krugman is on the left. So I take all of what he says with a big grain of salt knowing that, even though he offers an intelligent and interesting point of view, it must be tempered with the knowledge that he does not even attempt to hide his personal bias. In fact you can watch his previous videos on realclearpolitics where he talks about supporting Romney despite his issues because "he wants [I]his side[/I] to win".

    This article is a perfect example of both points. Krauthammer correctly points out that Obama is playing politics with his populist speech. He also has no problem hanging our economic woes around Obama's neck. Obama does deserve his share of the blame and Charles has no problem pointing that out, of course. Yet he is intellectually dishonest because he knows that a good deal of the rotten fruits from the current economy have been grown by seeds planted years ago. The republicans controlled the white house, senate and house for 6 out of the 8 years of the previous administration and spent tax money like drunken sailors driving up a record debt on unfunded wars. That needs to be highlighted in any meaningful conversation about our current economic situation.

    So blame both parties. Blame both administrations. Blame Reagan (spending and debt) and Clinton (housing market). There is enough blame to go around. But just be fair.........or continue to be the conservative version of Paul Krugman.

    And by the way, GREED is the root cause of many of our problems in this country. Greed by corporations, politicians, unions etc, etc. They have used their influence to circumvent our democracy and cause a lot of the misery we face in 2011. Krauthammer fails to mention this (at least the portions where [I]"his side"[/I] is culpable), not for a lack of intellect, but because of a lack of intellectual honesty.
    Last edited by intelligentjetsfan; 12-11-2011 at 04:52 AM.

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