Skip to comments.Obama vs. Obama
Posted on 01/20/2014 9:36:27 AM PST by afraidfortherepublic
A major peculiarity of Obama's recent promises involving his upcoming "Year of Action" is that the chief enemy he's sworn to overcome is none other than... Barack Obama.
Consider "income inequality." As far as this can be said to actually exist, it's a function of certain sectors of the financial industry reaping massive windfalls over the past few years while the rest of the country has stagnated under the burden of the recession.
So who is responsible for this state of affairs? Consider the trillion and a half dollars handed over to the banks and other financial institutions shortly after Obama took office. This money was supposed to be extended as credit to businesses -- including small businesses -- in a bid to supercharge the economy according to the old Keynesian formula.
Instead it went directly into the markets, where it triggered the growth of the current market bubble, generating plenty in the way of paper profits, bonuses, and so forth along the way.
Also consider the $65 billion a month handed to the banks in the form of "quantitative easing." This was supposedly the brainstorm of Ben Bernanke. But Bernanke is nobody's idea of an independent agent. Any notion that he was acting outside of a framework created by Obama is ludicrous. This money did more of the same -- slipping essentially unearned income into already well-upholstered pockets, and all at the bidding of none other than Barack Obama.
(Excerpt) Read more at americanthinker.com ...
Years ago, someone posted an OK, NOT OK list comparing Clinton to Bush. It would be interesting to see a BAIT AND SWITCH list comparing Obama promises to Obama actions.
So it becomes obvious that if Obama seriously wants to overcome income equality and surveillance abuse, he has to challenge one particular individual: Barack Obama.
That Obama should climax his days in office by shadowboxing with himself is about par for the course, the only appropriate ending for an administration that has plumbed the depths of incompetence, ineffectiveness, and sheer cluelessness. The chief executive of this country is now chasing himself through labyrinths that he himself devised. I'd like to say it doesn't get crazier than this, but I'm certain I'd be proven wrong.
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