Barack Obama and the Altar of Greed
By David Michael Green
March 20, 2009 "Information Clearing House" -- Barack Obama is dumber than a bag of hammers.
I never thought I'd say that about the guy. I thought he would probably disappoint me with many of his policies. I thought he would probably fail to be bold enough for his times. I thought he might miss opportunities to do great things because of his seeming desire to be Mr. Rogers, complete with cardigan. But I never expected him to be really dumb.
But if you're willing to risk the entirety of a potentially great presidency on making sure that a handful of already wealthy sociopaths who got rich destroying the global economy are not denied massive taxpayer-funded bonuses to keep them in jobs they've already completely mishandled, despite the fact that many of them took the money and left the job anyhow - if that's you, and you're the new president of the United States with a load of challenges and lots of public good will solidly behind you - well, then, you're dumber than a bag of hammers.
Like I said, I never thought I'd say that about Barack Obama. But then I never thought I'd witness such inane stupidity (or, worse - is it venality?) from the man.
If you think that I'm exaggerating when I say that Obama may be betting his entire promising presidency by taking the wrong side in this AIG scandal, think again. His presidency rises and falls on essentially one question: Is he doing everything he can to fix the economy? In order to fix the economy, given the astonishing mess he's inherited, he is going to continue to need unprecedented forbearance from the public and Congress so as to take unprecedented steps. People are already freaking out at what has been done and what has been spent, and we're only just starting the rescue, with all its enormous costs. The Republicans, who made this mess, are going to try to block Obama at every turn. The president needs to convince the public to trust him and follow him, if he is going to win the legislation necessary fix the economy.
But if people see that Obama is using their hard-earned tax money to reward the predatory parasites at AIG, even after they've wrecked everything in sight, how is he ever going to get public support for spending another trillion bucks to repair the economy? And if he can't get the tools necessary to do the job, how can he ever expect it to get fixed? And if it doesn't get fixed, how can he expect to have a successful presidency?
He can't, and he won't. And, thus, it is no exaggeration to say that this vibrant and well-liked president, who carries the hopes and aspirations of a nation on his shoulders with a robust foundation of good will to match, is potentially giving away everything in order to make sure that a band of corporate pirates keep their stolen taxpayer money. And doing that, ladies and gentlemen, is as dumb as... Well, you know.
Or maybe even a lot dumber still. Month after month of headlines detailing the latest scandal, many of them involving not just the theft of people's savings but crashing the global economy as well, and you begin to wonder if there's any bottom to the barrel of fiscal depravity and governmental enabling. Obama is now charting new paths in that direction. Just the concept that AIG executives who brought down the roof should get anything besides pink slips and orange jumpsuits is sickening, let alone that they should get bonuses.
But wait, it gets better. Then we're told that the bonuses are necessary because only these criminals can undo the mess they've created. So they're paid millions to stay. As if those who know how to wreck a global economy also know how to fix it. As if these are the only folks in the world who have these skills.
These people need to be in jail, not getting obscene bonuses.
And Obama may end up being a one-term president and handing the GOP the keys to the White House if he keeps these Chicago Boys as his advisers:
The public doesn't necessarily want to hear that right now, and certainly doesn't put a lot of trust in the source. But then there's old Brilliant Barack, staffing his economic team not only with Wall Street hacks, but tax-cheating, TARP-blowing, Wall Street hacks at that. And then these flunkies tell us there's just no way that public money can be stopped from being used as a reward for the scam artists who got us into this mess originally. And guess what? All of sudden, miraculously, the worst offenders in the Republican Party start to sound credible.
And if that happens, Obama's already sinking chances of passing massive rescue legislation sufficient to end this nightmare will diminish fast.
And if that happens his chances of fixing the economy will fall rapidly.
And if that happens his presidency will swirl down the toilet.
And if that happens it will be Jeb Bush in a walkaway in 2012.
God help us all if this happens.
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