Obama Impersonates Old-Timey Politician
Watching Obama’s speech yesterday, I was just waiting for him to promise a chicken in every pot. I love how an economic situation with roots decades old, spanning multiple levels of government, free enterprise and consumer failures would somehow not happen if he is elected president. Plus, he’ll increase spending on government programs while simultaneously cutting taxes (also known as the way government programs are funded). I’m reminded of the Simpsons episode “Much Apu About Nothing,” where the citizens of Springfield descend on town hall after the formation of a “Bear Patrol” comes with a tax increase. They demanded the Bear Patrol, but they refuse to pay for it. “Are these people getting dumber, or just louder?” Mayor Quimby asks, to which his aide responds “Dumber, sir.”
Like Mayor Quimby, Obama plays on prejudices to drum up support, claiming we can pay for it all by closing “loopholes.” Maybe we should ask him to explain exactly what “loopholes” he’s talking about.
The first thing I didn’t like about Obama, back in the beginning of the Democratic primaries, is his talk on economic matters and investments. I know from experience that most investors in the market are regular people who probably make less than $50,000 a year. Obama either doesn’t understand this, which makes him dangerously uninformed, or he knows it and is just playing to the crowd. Either way, it’s the kind of rhetoric that preys on the stupid, and I really hope he doesn’t get the opportunity to put any of this into effect.