Stimulus Scare Tactics
As we have noted here several times before, President Obama is continuing the Bush Scare Tactics on the economy. Both men are practicing Leadership by Fear. The first question tossed at the new President last night by AP was what makes him think “the economic crisis could turn into a catastrophe the nation would be unable to reverse” when such problems have always been overcome in the past?
President Obama never answered the question.
He did not explain what makes him use language like “unable to reverse” and “might not ever recover,” when these things are not true. Instead he softened it up just a tad because he was publicy called out on it. Instead of repeating that the nation might not be able to reverse course. He said:
The current situation could “potentially create a negative spiral that would be much more difficult to get out of.” There’s one heck of a lot of difference between “More difficult to get out of” and “unable to reverse” or “might not ever recover.” He knows those words are nonsense. He also knows they fit in with the leadership by fear model that he thinks he must use to Rahm-Rod his socialist agenda through congress before anyone even has time to notice the details of what is in the Obama Deficit Stimulus Plan.
The AP question scared him (nice turn of the tables there) into saying he was “confident we can solve this problem.” Again, that’s a heck of a lot different than saying “unable to reverse.” So which is it, Mr. President? Are you confident we can solve this problem? Or are you afraid we might not ever recover and will be unable to reverse the current economic situation? The question through his nerves off and sent him into a rant about corporate jets and how Bush got us into this mess, not him. Neither of which had anything to do with the AP question.
He also repeated that we “have to pass this bill” to fix the economy. After all, he noted details of what the bill will do such as providing money for wind power, solar energy and fuel efficient cars! That’s his answer to reducing dependence on foreign oil (most of which comes from Canada, by the way). Of course the obvious answer of drilling here and drilling now escapes him. Besides, what does any of that have to do with fixing the economy? It would merely create artificial jobs which the private sector could not maintain because they are not profitable.
Later he insisted rebuilding federal buildings is not a waste of money because it will create construction jobs and save on energy bills. Suuuuuuuuuure it will. However, the cost of the rebuilding will far outweigh any energy savings. Just a minor little thing there he “forgot” to mention. He pretended to be offended by criticism of that plan. “Don’t suggest to me it is wasteful spending!”
He even returned to his Al-Gore The Sky is Falling tactics later on in the press conference saying that it is either his plan or “doing nothing.” He repeated the “doing nothing” line several times as if anyone is suggesting that. To him, a plan with only tax cuts is “Doing Nothing.” He says he won’t even consider such a plan.
I can’t keep up with the nonsense he uttered last night. He said banks got us into this mess by taking enormous risks and making bad loans. He “forgot” to mention the minor little detail that democrat politicians required them to make such loans!!! OMG, I can’t believe this guy!
To add a final note of hypocrisy to his ridiculous ranting press conference, Obama noted that “the idea of buying a house, with zero down” and getting a mortgage for a house they can’t really afford will “have to be reconsidered.” Interesting. You mean like the land you bought next to your own house, Mr. President? Wasn’t that a purchase you made with very little down? Didn’t you find some way with your pal Tony Rezko to get a mortgage for a house you could not really afford at the time? I guess he will be reconsidering that.
