AlanGustin Blog2

Party of Capitalism vs Party of Corporatism

Posted in news, Politics by alangustin on March 20, 2012
From the Washington Examiner

When President Eisenhower appointed General Motors CEO Charles Erwin Wilson to be Secretary of Defense, many people questioned whether he could objectively serve in Eisenhower’s administration, considering his close ties to GM.

Wilson told the U.S. Senate not to worry “because for years I thought what was good for the country was good for General Motors and vice versa.”

Wilson’s line, more commonly misquoted as “what’s good for GM is good for America,” has become an aphorism for corporatism in America, a style of governing that has become far too accepted by both parties in Washington.

President George W. Bush was the most recent Republican who governed as an unabashed corporatist. “I’ve abandoned free-market principles to save the free-market system,” Bush told CNN in defense of his decision to initiate the General Motors and Chrysler bailouts in 2008.

Many Americans see no difference between corporatism and capitalism. This is unfortunate, because in practice they are polar opposites. When President Carter was considering the first bailout of Chrysler in 1980, Nobel Prize-winning economist Milton Friedman argued against it.

Friedman’s reasoning was that “the private market system is a system of profit and loss. And the loss part is just as essential as the profit part. It is a disgrace that we should be bailing out Chrysler.”

But we did bailout Chrysler. First in 1980 and again in 2008. And along the way we also bailed out Continental Illinois, the Federal Savings and Loan Insurance Corp., Fannie Mae, Freddie Mac, Bear Stearns, AIG, Citigroup, etc., etc.

[READ MORE]

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Feeling Sorry for Obama

Posted in Politics by alangustin on August 31, 2011

Ever have one of those days?  You know, a day that starts off with the coffee maker overflowing because you put too much water in it, and now you’re going to be late for work because you have to mop up the floor and the kitchen counter.  Then when you’re finally ready to leave, you can’t find your keys and now you’re really going to be late for that breakfast meeting with the boss.  Then you find your keys, but your car isn’t where you thought it was.  Now you have to try to remember where you parked the car, and your headache is coming back and you wish you could just go back to bed.

And that’s just the start… it gets worse. You would feel sorry for someone having a day such as that, right?  Even if you didn’t really know or care about that person? 

President Obama seems to be having a whole presidency like that, and I’m actually starting to feel sorry for him. 

He is obviously surrounded by total idiots. And he appears to be listening to these ‘advisors’ who, time and time again, seem to be purposefully screwing him into the ground.  The latest of these “botched jobs” is the idea that Obama should present a speech about job creation during a special joint session of congress on the same night as a  scheduled debate among the Republican presidential candidates.

From the L.A. Times:

Obama asked to schedule a rare joint session of Congress for a prime-time address about jobs the Wednesday after Labor Day. In a rare, if not unprecedented, rebuff in modern times, Boehner (R-Ohio) rejected the president’s request and recommended the following night.

A speech next Wednesday, in which Obama wanted to unveil his plan to improve the U.S. jobs picture, would have upstaged a televised debate among Republican presidential candidates at the same time, which the White House said was a coincidence.

You see, I don’t believe it was a coincidence, nor do many others following this story.  I personally believe that this latest embarrassment to the president was a direct result of Obama listening to someone who thought presenting the speech during the Republican debate would be ‘very clever’.  And the sad part is, Obama wasn’t smart enough to anticipate the repercussions this stupid plan would bring.

As I understand it, Obama didn’t call Speaker Boehner to discuss the session.  Obama decided to just announce the chosen ‘clever’ date, and in a rare display by Boehner of actually having a pair of balls, the ‘request’ was rejected by Boehner.  Now, instead of Obama competing with the Republican debate, he’ll have to compete with the NFL’s season opener between the Green Bay Packers and the New Orleans Saints.  Wow… good job, Obama team.

It reminds me of the embarrassing ‘botched job’ meeting with Israel’s Prime Minister Benjamin Netanyahu back in May.  Somebody on Obama’s advisory team put him up to that one, too.  I guarantee it.  How long is it gonna be before Obama wises up and gets rid of that bunch of clowns that are ruining his image?  Personally, I hope he never does.  They just keep hammering nail after nail into the coffin of the Obama re-election.

Of course, the Obama team may have anticipated Boehner’s move and thought this might be an opportunity to hang yet another “uncooperative” sign on the GOP, but Boehner would be wise to reply to that accusation by saying that it wouldn’t be fair to the American people to use a joint session of Congress to deliver a campaign speech, while robbing the people of a chance to participate in the political process by missing the Republican debate. 

Political tactics by this president seem to be backfiring on him left and right.  The recent news that Solyndra, a solar company that the Obama administration loaned 535 million taxpayer dollars to as part of the 2009 stimulus plan filed for Chapter 11 bankruptcy is yet another embarrassing event.  The Solyndra debacle however, hits the taxpayers right in the pocket and will be considered a far more important failure than this little ‘jobs speech’ faux pas.  I’ll be interested to see the total list of Obama’s failed policies come November, 2012.

I do actually feel sorry for the guy.  But I think he is learning a very hard lesson:  You can’t lead the most powerful nation in the world relying on image alone.

The Unbelievable Arrogance of Obama’s ‘Czars’

Posted in Information, news, Politics by alangustin on July 16, 2011

I have been silent of late. I have grown weary of the political scene in America. Sometimes I think that the only reason politicians exist is to give the media something to talk about.

I saw something this morning that brought me out of my self-imposed, political-commentary exile.  It was a quote from Jeffrey Immelt, CEO of General Electric, and one of Obama’s economic advisors.  Immelt succeeded Paul A. Volcker, the former Federal Reserve chairman, who stepped down in early 2011.

It is reported that Immelt said to business owners, “Stop whining and start hiring!” 

Easy for him to say.  GE gets preferential treatment from the Obama administration.  GE has a strong lobby group pounding on the heads of lawmakers, and now, with Immelt as Obama’s right-hand-man on the economy, GE has an even stronger crony relationship with the current administration.

I believe that Obama is becoming more and more desperate with each day we get closer to the 2012 elections.  I believe Obama is becoming progressively more frustrated with his ‘Czars’, who can’t seem to come up with anything concrete  to deal with the debt crisis and the high unemployment rate in America.  I don’t believe anymore that Obama is an intelligent person.  I used to think that he was very intelligent.  But the truth is, his intelligence was exhibited only during his campaign for the office of President of the United States. 

Why else would he immediately appoint all those ‘Czars’ to surround him after being elected?  I believe it’s because he doesn’t have a clue about how to be President, and he knows it.  He was hoping his ‘cabinet’ would save his bacon by coming up with all the ideas to make him look good.  How’s that working out for ya, Obama?

During the 2008 financial crisis, the Federal Reserve provided $16.1 billion to General Electric by buying short-term corporate i.o.u.’s from the company at a time when the public market for such debt had nearly frozen. Having the chief executive of such a company advising the White House on job creation at a time when Mr. Obama is assuming a more deregulatory posture could further alienate liberals and be seen as undermining the White House’s commitment to reducing the influence of lobbyists and special interests.

Another complicating factor is union uneasiness about outsourcing by G.E. Officials at the United Electrical Workers Union say the company has closed 29 plants in the United States and one in Canada in the past two years, eliminating more than 3,000 jobs.

“We understand the logic of asking someone like that to step up and play a leading role,” said Damon Silvers, the policy director for the AFL-CIO. “But there’s a real tension there in making a G.E. executive a central figure thinking about U.S. jobs.” –N.Y. Times

So the guy who is responsible for 29 plant closures in the U.S. and the elimination of over 3,000 jobs has the freaking gall to tell other business owners to “Stop whining and start hiring”? …Really?  What a joke. 

The smell of incompetence is emanating from 1600 Pennsylvania Avenue, and I look forward to 2012 as the election year that ends one of the most damaging presidential terms in American history.

As for Jeffrey Immelt… I hope he can reconcile with American business, because with statements like, “Stop whining and start hiring”, he has certainly alienated himself from any reality-based, business leaders.

For some discussion about Immelt and his disconnect with reality, click here.

Obama vs. Netanyahu… the real story.

Posted in Politics by alangustin on May 21, 2011

I heard about the meeting today between US President Barak Obama and Israeli Prime Minister Benjamin Netanyahu while eating lunch and listening to the Rush Limbaugh radio program. Rush was watching a live television feed of the meeting, but couldn’t hear the audio. He was doing his best to relay what was taking place at the meeting by reading the closed-captioning.

At one point, Limbaugh became quite giddy and I thought he would jump out of his skin as he told his radio audience that Netanyahu just told Obama that Israel could not go back to the pre 1967 border configuration and that those borders would be “indefensible”.

For details about the meeting between Obama and Netanyahu, I suggest checking out some of the big-boy news outlets, or watch the exchange on YouTube.

There is a lot of gab about the meeting, the worst of which can be found at The Young Turks video blog.

The general opinion among conservatives (and even some lefties), is that Obama got his butt handed to him by Netanyahu. And I must say it was rather refreshing to hear someone stand up to this lame of a president. Everyone seems to be so afraid of Obama, or afraid of offending a politically correct sensibility that runs rampant through the American political arena these days that I think even Obama himself was taken aback by the snub.

Limbaugh assumed that the US president’s angry glare was directed at Netanyahu, when the Israeli PM was “schooling” Obama. But I believe it was directed at whoever gave Obama the advice that prompted him to give the speech about the Mideast on Thursday night, which resulted in today’s presidential embarrassment. I believe that person was Hillary Clinton. Think about it. I believe there’s no-one who carries a stronger resentment toward Obama than Hillary. Oh, she would never admit it, but Obama did steal away her chance to be the first female president, right? Maybe she thinks that by sabotaging Obama’s chance for re-election, she might position herself for higher office down the road.

Silly? Maybe. And I would hate to admit that Hillary might be that devious (snicker), or that smart.

I’ll leave it there for you all to ponder.

Memorial or Pep Rally?

Posted in life, news, Politics by alangustin on January 13, 2011

Very odd…

Is this the most welcomed diversion that America could have hoped for? That question may offend some. It may well be that America needs a diversion, but not at the expense of lost lives. Right?

It may well be that the shootings in Tucson have provided our President with just the right diversion at just the right time. It is extremely interesting to watch the Tucson Memorial Service that was re-broadcast over and over again on Wednesday night and into the early hours of Thursday morning.

The event seems to have been ultra-organized… super-planned… choreographed by some higher power that writes immaculate speeches. How in the world were all those people able to attend this event if not for some divine orchestration? Why… it seems that even God Himself showed up at the event. How else could such an outpouring of scripture emanate from the likes of Eric Holder, Janet Napolitano, and Barak Hussein Obama himself? Surely the Spirit of God was hovering over that gathering.

Such a sarcastic view might otherwise be dismissed as partisan grumbling, but this time the hidden cannot help but come out from behind the facade. One expected to see a glimpse of a stage-hand holding up an ‘applause’ sign to the audience. And applause there was. It was so out of place for a memorial service, that it created an atmosphere of political convention. One might easily swap venues and imagine thousands of people in the crowd holding signs displaying the slogan, “Obama: Four More Years!”

Many of us are trying really hard to give Obama the benefit of the doubt. The display of concern and compassion was truly comforting, if one can overlook the weird feel of the event. It seemed like overkill. It seemed like opportunistic, cashing-in.

Again, sarcasm may be clouding reality. H-m-m-m?

It seems that the country has found something to rally around… namely, the squashing of harsh, partisan rhetoric. The shootings in Tucson, were made worse by the fact that a congresswoman was critically wounded, and a nine-year-old girl and federal judge was killed. This tradgedy seems to have released an outpouring of concern across America, the likes of which haven’t been seen since 9/11. If it weren’t for the Rahm Emanuel statement, “You never let a serious crisis go to waste”, many who are, wouldn’t be suspicious of the Obama administration’s motives for giving the Tucson event such attention. But as horrible as the Tucson shootings were, it was a minor event compared to the devastation of the 9/11 event, in which nearly three thousand people lost their lives.

This is soooooooo funny!

Posted in Politics by alangustin on October 25, 2010

Lizard Brain Caught in Lie!

Posted in Information, life, Politics by alangustin on September 5, 2010

The Lizard Brain himself

CNN, the highest-rated news organization today (snicker), runs an article about Keith Olbermann calling Glen Beck a liar because the host “inaccurately told the crowd at his recent Washington, DC rally that he “held” George Washington’s handwritten inaugural address.”  Read article

Some of the the comments that followed the article were civilized and interesting.  But what made me laugh, were liberals, who don’t like Mr. Beck and call him a “hate-monger”, had these things to say about Mr. Beck and his followers:

lizard brain, idiot, hypocrite and a liar, twisted, bigoted, racist loud-mouth, all Mormons are pathological liars, class-less fool, nut-case, deluded liar, undereducated whine bag, lying gas bag, modern KKK, You Tea Baggers, Like a slimy televangelist, these people are f$@king crazy, slay Glenn Beck, human scum,  you whiney Christian Conservatives, freaking lunatic, people who behave like him eventually kill themselves, What a FREAK!!!!, Beck is a dangerous man, this Nazi, idiot Teabag lemmings, shock jock nutjob, loud mouth moron, a pathetic excuse for a human being, the feeble-minded who follow him, a bunch of stupid people, i hate glenn beck, pathological liar, he’s an egomaniac, Beck is a fraud, “Spewers of Lies”, You teabaggers, He’s a freakin idiot, Glenn Beck is A Lying Scumbag, Teabagging NUTs, you wingNUT fools, this bag of wind, a clever pusbag, pawn of the anti-Christ, he is a Nazi devil, the mouth-piece of Satan, former alcoholic zookeeper, A charlatan and perfect snake-oil salesman, right wing anti-Obama pigs, Snake oil salesman, he is a fake, a fraud, a con-man, stupid people believe him, he is an ignorant buffoon, I despise Glenn Beck, that idiot Beck, weak-minded xenophobes, loud-mouthed idiot, constant lies by Beck and his racist buddies, right wing nut job, Glenn(the hate monger)Beck, this moron, this babbling lunatic, attention/media whores like he and Palin, He’s a liar and a sociopath, right wing nuts, I think Beck is a scumbag among scumbags, glenn beck is a moron, Glenn Beck is human scum and a liar, …etc.

I think the next time you libs feel like accusing someone of “hate-speech“, you should check yourselves.  I hear more hateful rhetoric coming from the far-left than from the far-right by a large margin.

The few ‘civilized’ comments held a common theme… “hey, let’s stop all this stupidity and have a conversation about what’s wrong with our country and make sensible suggestions about how to get back on track as the greatest nation in the world.” 

If you’ve ever subscribed to a political newsgroup, you would find the most vile, obscene, hateful comments you could ever imagine.  Both ‘right-wingers’ and left-wingers’ are capable of the worst kind of profane name-calling imaginable.  That’s why I don’t go there anymore.  The trolls are truly disgusting.

I have, at times, grown weary of Mr. Beck’s style of  ‘info-entertainment’, but I believe he is sincere in his patriotism. Whether or not he is sincere, or just trying to make money, is a matter between he and God.  But when the left resort to ‘hateful-name-calling’ while accusing someone like Beck of ‘hate-mongering’ and of being a ‘hypocrite’… well, that’s true irony.