The Daily Switch

Archive for the ‘Obama’ Category

New Era of Obama = Same Old Politics

Posted by maker on December 18, 2009

As much as this characterizes our government, it is also becoming a universal sentiment of an entitled society.

Last week, President Obama lashed out at the financial institutions on Wall Street, again.

When the President of the United States flippantly refers to private citizens and their businesses as ‘fat cat bankers on Wall Street’ there is a problem with the president. When the public sees nothing wrong with this, there is a larger problem with the public itself.

The irony of this particular instance of class warfare populism exhibited by Barack Obama, is that as he delivers these remarks, we learn that government employees are much better paid than private workers. This may seem unrelated at first glance, however, the president petulantly proclaimed these so called ‘fat-cats’ the architects of our current recession, seemingly excusing the federal government of any and all responsibility in the matter. I won’t get into all the intricacies and arguments here, but suffice it to say this is a more than generous revision on the president’s part. So the age old question ‘cui bono?’ does not reflect well on those ‘fat cats’ in D.C. if we understand their role in the unraveling of our economy compared to their ever increasing compensation.

The cycle is a vicious yet convenient one: Support and push policies that loudly proclaim help for the helpless while quietly destroying the free market, which action directly creates more ‘helpless’ to promise more for while also creating the circumstances in which people will more likely cede power to ‘the only people’ who can fix things. Oh, and they need to be better compensated for all the extra work of saving us.

In fact, USA Today reported the following:

  • On average, federal employees earned $71,206 per year, compared to $40,331 in the private sector.
  • From December 2007 through June 2009, average federal employee salaries increased by 6.6 percent, while average private-sector salaries increased by 3.9 percent. Federal employees at the top of the pay scale received pay increases of 8.6 percent during that period.
  • Federal employment is getting top-heavy. Federal employees making more than $100,000 increased from 14 percent to 19 percent of total government employment. In fact, the number of federal employees making more than $100,000 has more than doubled in less than two years. There are now more federal employees making more than $100,000 per year than $40,000 per year.

How could anyone say no to this face?

In light of these facts, how can any government employee begrudge any private citizen their salary? The fact is that these ‘fat cats’ on Wall Street are creating something. They are creating jobs and wealth for millions. The ‘fat cats’ in Washington are best known for creating hurdles for those that would create jobs and wealth.

Worse still, Obama warns that the ‘fat cats’ had better stop opposing government control of their pay and strict oversight of their day-to-day operations because, basically, they owe him for the bailout, which coincidentally many of them have paid back and others have been deterred from paying back.

Obama’s ignorance seems only matched and perhaps exceeded by his unmitigated arrogance. These comments were made just before the president was to meet with said ‘fat cats’ to persuade them to comply with his wishes.

Who says this guy isn’t smooth?

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Posted in Capitalism, Conservatism, Culture, Economics, Liberalism, Liberty, Obama, Politics, The Daily Switch, War on Business | Tagged: , , , , , , , , , , , , | 1 Comment »

Quick Links

Posted by maker on November 12, 2009

Some useful reading… Unintended consequences are fine as long as our intentions were good, right?

 

 

  • Stephen Spruiell on the SEIU

 

 and viewing…

 

 

Health-care…

 

 plus

 equals an

 that will prove

 

 

Posted in Capitalism, Conservatism, Economics, Health care, Liberty, Obama, Politics, The Daily Switch, War on Business | Tagged: , , , , , , , , , | Leave a Comment »

It’s been a while…

Posted by maker on November 6, 2009

Enraged Eloquence

In response to our current government or The Daily Switch for their long absence?

Things have been crazy and we’ve been away for far too long. The Daily Switch has an official stance on the matter: We apologize. This does not mean that we will be able to keep up the near heroic pace our readers had previously become accustomed to. We will, however, do better.

Let’s kick things off with some essential reading…

http://jewishworldreview.com/cols/sowell110309.php3

http://jewishworldreview.com/cols/sowell110409.php3

http://jewishworldreview.com/cols/sowell110509.php3

http://jewishworldreview.com/cols/sowell110609.php3

If you don’t know Sowell, you’ve got no soul, or so the saying goes now that I’ve said it.

Also, our friends over at TruPolitics have been going strong and even experienced a political victory in a local election. Congratulations Matt!

http://trupolitics.net/2009/10/16/freedom-bureaucracy-and-healthcare/

Guest author Edward Mahee has added a great tone to TruPolitics.

A nice summation of Obama’s actual successes…

http://article.nationalreview.com/?q=YzYzZTY2ZmM1MjFmNGU3MjhmZmIxZjJmOTNiYjU0ZDg=

Victor Davis Hanson has become for me as essential a read as anything out there. He doesn’t mince words nor seemingly miss a thing.

Anyway, that should keep you busy for a few minutes. Thanks for your patience and continued interest. ‘Til next time…

Posted in Conservatism, Economics, Health care, Liberty, Obama, Politics, The Daily Switch | Tagged: , , , , , , , , , , , | Leave a Comment »

School Choice

Posted by maker on May 5, 2009

Thank God for the folks over at Reason.TV . In their typically succint and clarifying manner they pose some simple yet devastating questions to the current administration specifically and leftist ideology at large. 

 

How can we explain this issue being politicized? Is there any conclusion to be drawn other than undue influence of, and pandering to, special interest groups like the NEA?

There are moral dilemmas involved as well as straightforward pragmatic implications. What message is sent to those who were involved in the program and experienced success only to have it taken away? More importantly, what message does it send to those who hoped to one day be part of the program? If it works and it’s cheaper why not do it?

This seems to be yet another example of the government squashing the success inherent in a competitive free market. Let’s treat it as an opportunity to reverse the tide. Talk to your family, friends and neighbors about it and then call your representatives, senators or even the White House.

Like the democrats always say, it’s for the children.

Posted in Capitalism, Conservatism, Culture, Education, Liberalism, Liberty, Obama, Politics, The Daily Switch | Tagged: , , , , , , , | 2 Comments »

Fun with Pictures – The Obama Edition

Posted by maker on May 5, 2009

I’ve been collecting images as I come across things that are particularly hilarious or indicative of a tide of propaganda. Here are some of the results for your enjoyment.

 

"Obama: I'm not a miracle-worker."  Don't be so modest.

"Obama: I'm not a miracle-worker" Don't be so modest.

 I’m sure everyone has seen this one, but its suggestiveness is worth noting. My fear here is for those that think it more than mere opportunistic propaganda or coincidence.

 

 

Does Obama approve of vigilante justice?

Does Obama approve of vigilante justice?

Which comic was W. featured in? It’s an honest question. I can’t recall any, but am open to correction. Do you think being wrapped in a web and hung from a street light could be considered torture? What about the Green Goblin’s civil liberties?

 

 

Not at all racist.

Not at all racist.

This is just unfortunate. But how else should Germany have responded to that rousing speech Obama delivered to the world from their soil? And what’s the deal with the curry dip?

 

 

Action for action's sake

Action for action's sake

More Obama and Superfriends. Is this portending assassination attempts? Seriously? The news didn’t hype Obama’s being a target enough that it had to bleed into comic book fantasy?

 

 

Should be mandatory accessory for dashboard of all GM cars.

This should be a mandatory accessory for the dashboard of all GM cars. The price is even Union ready.

 

Is there anything that says you’ve made it more than having your very own bobble-head? The pop-culture overtones are obvious, but the physical action indicating yes, yes, yes may be the most telling.

 

 

German engineering at its lowest.

German engineering at its lowest.

This may be the most disturbing simply for the lack of effort. Is this doll not a child? It comes off as a hurried instance of white babe in black-face. The Germans should probably stick to cars, beer and fantasies of EU domination.

 

 

ikea-obama1

Change Everything

 

What the heck?!?!?

 

If you have any images worth sharing please email them to me. My email is listed on the ‘About’ page under maker.

Posted in Culture, Liberalism, Media, Obama, Politics, Socialism, The Daily Switch | Tagged: , , , , , , | 1 Comment »

Common Misconceptions

Posted by Ender on April 24, 2009

Recently, a commenter in this post voiced a few common misconceptions about Bush and Obama. Here is the quote: “As I said, taxes would have needed to be increased anyway as a result of the Bush’s spending. I know this sounds like I am saying [Obama’s] spending ok, Bush’s spending bad. I can’t deny that and I won’t back down from that argument. With [Obama’s] budget though you see the results of the country fighting 2 wars. W buried that and never had it reflected in his budget. So people need to take the wars into account when they see [Obama’s] budget.”

Deficits

Deficits

Aside from the glaring inaccuracies there are other problems with this statement. I think we have to address the tax issue. The commenter claims that taxes would have to be raised as a result of Bush’s spending. The purpose of raising taxes I would assume would be to get rid of the deficit. Please reference the chart on the right. These numbers include all war spending. Now if we look at this chart we can see that even including the wars Bush’s deficit was drastically less than the proposed Obama deficit. So, if the purpose of raising taxes is to reduce the deficit then I am thoroughly confused. What is the point of raising taxes if you are going to increase spending by astronomical amounts? Even with tax increases Obama’s deficit will be more than all previous Presidents’ combined.

The commenter also claims that Obama had to reflect the wars in his budget which is causing it to look so bad. Although it is true that Bush funded the wars through emergency supplementals; it is false to say that this is the reason Obama’s budget is horrible. The spending although not in the budget had to surface somewhere. It surfaced in the deficit. Riedl writes, “President Bush presided over a $2.5 trillion increase in the public debt through 2008. Setting aside 2009 (for which Presidents Bush and Obama share responsibility for an additional $2.6 trillion in public debt), President Obama’s budget would add $4.9 trillion in public debt from the beginning of 2010 through 2016.” So, forget about the budget and focus on the end result, the deficit.

Another similar misconception (not voiced by the commenter) is that Obama is creating $2 Trillion in savings with his plan. “During his recent address to a joint session of Congress, President Obama previewed his budget by asserting that the Administration has “already identified $2 trillion in savings over the next decade.”[9] This is simply not true. His budget increases spending by $1 trillion over the next decade, which he attempts to offset by reclassifying as “savings” $1.4 trillion in tax increases and $1.5 trillion in reduced spending in Iraq. However, gov¬ernment savings have always referred to spending cuts that save taxpayer dollars, not tax increases that feed the government. Furthermore, the Iraq “sav¬ings” are measured against an implausible spending baseline that assumes a permanent $180 billion bud¬get for the global war on terrorism, without any troop withdrawals through 2019. This is the equiv¬alent of a family deciding to “save” $10,000 by first assuming an expensive vacation and then not taking it. Without these false savings, only the $1 trillion spending hike remains, and that does not account for the extra $250 billion proposed for another round of financial bailouts in the current fiscal year.”

The poster also wrote “I don’t believe in a recession that giving tax breaks to the rich is the answer.” This is also hopelessly false. Firstly, the cuts benefit everyone. Secondly, “In the 18 months following the 2003 tax rate cuts, economic growth rates doubled, the stock market surged 32 percent, and the economy created 1.8 million jobs, followed by 5.2 million more jobs in the next 27 months.” The fact of the matter is that tax cuts encourage spending, investment and growth. Even extremely liberal and economically ignorant people like Alec Baldwin admit this. In an interview, Baldwin said “I’m telling you right now, if these tax breaks are not reinstated into the budget, film production in this town is going to collapse, and television production is going to collapse, and it’s all going to go to California.” The only thing Baldwin got wrong here is that the business will not move to California where the taxes are already worse and driving the movie industry to places like New Mexico, Montana and Canada. Taxes hurt business more than anything else. Reducing taxes on businesses as well as individuals will bring us out of the recession. To look back at the Bush years as having no economic prosperity is completely shortsighted and biased. Even taking into account the housing bubble burst; the economy is still better off then before.

Unfortunately, arguments based on false information never end well. The fact of the matter is that Obama has drastically increased unaccounted for spending to levels that will be detrimental to the economy. I’ll end with a quote:

Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.-John Adams

Posted in Capitalism, Conservatism, Economics, Obama, Politics | Tagged: , , , , , , , , | Leave a Comment »

Guns, taxes and much, much more…

Posted by Ender on April 21, 2009

At the end of March there was yet another propaganda push to villianize guns in America. It took the form of the media and state leaders saying that American guns were fueling the Mexican drug violence. By state leaders I’m not talking about low level mayors and city councilmen. I’m talking about Obama and Clinton…  Here’s a great article about the whole thing…

It appears that Obama’s whirlwind tour of Europe left some with a sour taste in their mouths. Shockingly, even France had several criticisms of Obama. A report leaked by French staffers stated “Most of Mr Obama’s proposals had already been made by the Bush administration and Washington was dragging its feet on disarmament and treaties against nuclear proliferation.” Once Obama was elected I thought they were going to love us over there…guess not. Read about it here.

One of the most despicable organizations in America is the Teacher’s Union. In truly liberal fashion they are the epitome of claiming to care for X while simultaneously looking out for themselves while hurting X. The fact of the matter is that Unions only benefit the corrupt, lazy teachers. The students and education suffer. Here is an article detailing how layoffs are handled.

Apparently, Obama has made an about face on his fiscal irresponsibility. He has made a budget cut of $100M. Wow, I am almost ready to renounce all the times I have said he is economically ignorant. But wait, let’s put this into perspective: Brian Riedl writes “It is 1/40,000 of the federal budget; It is 1/7,830 the size of the recent “stimulus” bill; It would close 1/1,845 of this year’s budget deficit; It is the amount the federal government spends every 13 minutes; and for a family earning $40,000 annually, it is the equivalent of cutting $1 from their family budget.” I’m pretty sure that if the family making 40k a year peed outside instead of in the toilet it would save at least that $1. Glad you are taking this seriously Barry.

And finally, here’s a great video about all those taxes you pay. Did you know that most of you are actually slaves to the state for about 1/3 of the year?

Posted in Conservatism, Culture, Economics, Education, Liberty, Media, Obama, Politics, Quick Links | Tagged: , , , , , , , , , , , , , | 3 Comments »

Wait, that wasn’t for Prom King?

Posted by Ender on April 11, 2009

The essence of cool?

The essence of cool?

I stumbled across a recent poll by RealClearPolitics. The results of the polls were interesting to me:

President Job Approval  60.4 approve 30.1 disapprove
Congressional Job Approval  33.3 approve 58.0 disapprove
Direction of Country  32.4 right 61.2 wrong

Does anything strike you as odd with these results?  Obama has gotten every single thing he has wanted and yet the country is going in the wrong direction according to the poll, but his approval rating is great.  This is just another example of an uneducated electorate rearing its head.  They are so caught up in his cult of personality that they refuse to acknowledge he is taking the country down the wrong path.

All the Obama fanatics out there listen up.  We get it, we get that you think Obama is the cat’s meow, that he is so cool, that he smokes, that he plays basketball with pants on.  But, just because someone is suave doesn’t mean they can be president or do a good job in the office.  Obama has endeavored to have the most amateurish start to a presidency ever and is succeeding.  He gave the British PM DVDs that could not be played in the UK, he gave the Queen an iPod, he bowed to the Saudi King, he is setting up to make the same mistakes as FDR when it comes to the economy, he hired a tax cheat to be the Treasury Secretary and he called an act of war (by the pirates) a distraction.

He is in over his head.  His initial reaction to every situation has been wrong.  Please take a step back, analyze the situation objectively.  If you think the country is on the wrong track Obama must not be doing a good job.  Last November’s election wasn’t for Prom King, it was for the most important job in America.

Posted in Obama, Politics | Tagged: , , , , | 5 Comments »

The Great Overreach

Posted by Ender on April 4, 2009

The problem with the Liberal philosophy is that it has an unquenchable thirst for power. When was the last time you heard a Modern Liberal, not to be confused with a Classical Liberal, call for a decrease in Government? I guess I should clarify, when have they asked for a decrease in Government outside of Law Enforcement and the Military? This should not be a surprise even to Liberals because the idea that the Government can solve any problem is at the core of their belief system. “Failure is not the product of his beliefs but merely want of power and resources.” (Levin) A belief system with this at its heart will invariably lead to severe overreaches when they are in power. In only about two short months we have seen several examples of overreach.

Salaries

Barney Frank

Barney Frank

On March 22nd, I wrote a piece about how the administration was seeking to control executive pay. I asked “How long until it’s not just executives anymore?” Well, unfortunately, it appears the answer was 2 days. On May 24th, the House Financial Services Committee Chairman Barney Frank passed the Pay For Performance Act of 2009. The act “is not limited just to those firms that received the largest sums of money, or just to the top 25 or 50 executives of those companies. It applies to all employees of all companies involved, for as long as the government is invested. And it would not only apply going forward, but also retroactively to existing contracts and pay arrangements of institutions that have already received funds.” It would give power to the Treasury department to determine if salaries are unreasonable.

Initially, this would be justified by only applying to companies that took bailout money. The problem I see is the problem of the slippery slope. Just look at where it has taken us so far, from just executives to all employees of bailout companies to…..what? I am reminded of Wickard v. Filburn, a case tried before the Supreme Court. In the 1940s (through today) the Federal Government has the ability to regulate interstate trade. In the Wickard ruling, the Supreme Court decided that it could regulate whether a private citizen could grow crops on his own land to use for his own consumption. How could the Court do this, you ask? Well, the Court said that by not participating in interstate trade the farmer affected interstate trade, thus opening him up to regulation. With rulings like this it doesn’t take much to imagine a situation where the Government declares it can control all salaries.

Running a Business

Giethner and Bernanke

Giethner and Bernanke

Treasury Secretary Geithner and Federal Reserve Chairman Bernanke argued for the ability to “regulate and even take over financial goliaths whose collapse could imperil the entire economy.” Shockingly, Obama agreed. This is such a large overreach/power grab that I am surprised they had the audacity to ask for it. The Government has no right to take over companies like this. The only thing Geithner and Bernanke disagreed on was which of them should have the power. In another post I wrote I talked about how Obama and his team decided that they knew more about the auto industry than the board of GM. The Government cannot run a car company, a bank, a financial institution, a hospital (see Walter Reed) or a post office. A commenter asked what Wagoner (former CEO of GM) knew about running a car company. I ask what does the Government know about running an economy, specifically Geithner. You can learn all about how Geithner devastated the Indonesian Economy in the 90s. In a post on what caused the Tech Boom I briefly mentioned part of its cause was due to the Asian crisis. Guess who was behind it? “[B]y frightening the Chinese into building their vast $US2 trillion foreign reserves, Geithner was responsible for the build-up of tremendous imbalance in the world financial system. This imbalance, in turn, according to Keating, contributed to the global financial crisis which has since devastated the world economy.” Three cheers for Geithner!

Free Speech

Supreme Court

Supreme Court

There have been many attacks on Free Speech in the last few years. Most of them are under the guise of fairness. McCain-Feingold was a blatant attack on free political speech. “Just last week, the Obama administration argued before the Supreme Court that it has no principled constitutional problem with banning books.” (Goldberg) The Supreme Court is hearing a case about a documentary called Hillary: The Movie. “Several justices asked the deputy solicitor general, Malcolm Stewart, if there would be any constitutional reason why the ban on documentaries and ads couldn’t be extended to books carrying similar messages. Stewart, speaking for a president who once taught constitutional law, said Congress can ban books “if the book contained the functional equivalent of express advocacy” for a candidate and was supported, even slightly, with corporate money. Such advocacy, Stewart conceded, could amount to negatively mentioning a politician just once in a 500-page book put out by a mainstream publisher.” I guess these words just aren’t clear enough “Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.” (Before people start commenting on McCain being on the Right, give me a break. He has more in common with the Left than the Right, which is why he lost the election.)

These are just a few examples of the overreaches we have seen lately. Let’s hope the American people remember Liberty and wake up soon.

Posted in Capitalism, Conservatism, Culture, Economics, Liberalism, Liberty, Obama, Politics, Socialism, War on Business | Tagged: , , , , , , , , , , , , , , , , | Leave a Comment »

Here We Go Again

Posted by Ender on March 30, 2009

What exactly does Obama know about running a car company? As far as I can tell he has never worked in the industry. And what about Geithner? Does he know anything about running a car company? I’m pretty sure he has never worked in the industry either. So, why am I supposed to believe that these two guys know the first thing about getting the car industry back on track?

Obama’s latest battle in the War on Business is over who can run General Motors. “The Obama administration used the threat of withholding more bailout money to force out General Motors Corp. Chief Executive Rick Wagoner.” (Wall Street Journal) Obama and his team have decided that Wagoner (former CEO of GM) is no longer fit to run the company. Which brings me back to my initial question: What exactly does Obama know about running a car company? Why is it not arrogant and ignorant of Obama to presume that he knows more than the board who hired and has the power to fire Wagoner?

I can already hear the chorus of complaints: (when reading, please muster a nasally, whiney voice) “If GM is taking our money then we should have say in who runs it”, “they couldn’t get it right, let’s give Obama a chance”, blah blah blah.

The auto industry with Obama at the wheel?

The auto industry with Obama at the wheel?

Bailouts do not give the government the right to micromanage the day to day operations of the business that receive the bailout. We don’t need or want Obama to make the hiring decisions for these companies. He knows absolutely nothing about the auto industry. He knows absolutely nothing about running a business. Geithner knows absolutely nothing about the auto industry. I think Geithner has had real jobs in his past so I’m not going to say he knows nothing about running a business, yet.

This is why controlled economies do not work, ever. You have uniformed people making decisions on behalf of other people and businesses. Please President Obama, no matter what you have heard and what the media have told you, you are not omniscient. Just leave business to people who have actually worked in the industry before, thanks.

Mickey Kaus asks the following pertinent questions “won’t Obama now “own” the GM problem? If the company shuts down in the near future, costing tens of thousands of blue collar jobs, it will be under executives implicitly or explicitly chosen by Obama. It will be Obama’s failure, not simply GM’s failure, no?”

I have posed several questions in this post. Just to make sure everyone is on the same page with the answers…Obama and team know nothing about the auto industry and should not be taking a role in running it. Obama and team will be responsible for its inevitable failure.

Posted in Capitalism, Conservatism, Economics, Obama, Politics, War on Business | Tagged: , , , , , , , , | 4 Comments »