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Politics: Obama's speech: Running commentary

Published by: Dan Calabrese on Friday September 7th, 2012

Dan Calabrese

By DAN CALABRESE - Time to put lipstick on the pig.

- "That hope has been tested, by the cost of war, by one of the worst economic crises in history, and by political gridlock that makes us wonder if it's even possible to tackle the issues of our time." Right. Not by bad policies. That had nothing to do with it.

- Campaigns can focus on the trivial, can they? Does Seamus the Dog know that Obama feels that way?

- "Everyone plays by the same rules." But everyone doesn't. If you run a green energy company and you've given money to Obama's campaign, the rules are different for you. If you're a member of the UAW and you need access to the federal Treasury, the rules are different for you.

- "They want your vote, but they don't want you to know your plan." This argument is getting really tiresome. Every candidate's policy prescriptions are readily available. They don't have to be disseminated in detail in convention speeches.

- "I don't believe another round of tax cuts for millionaires will bring good jobs to our shores." Shows what he knows. Get rid of the tax on repatriated profits and that's exactly what the result would be.

- Glad he's so interested in the future of our children. They'll need a lot of money when they get handed the bill for all his spending.

- "We reinvented an auto industry that's back on top of the world." The Big Three will never come anywhere near the market share they once had.

- "Now you have a choice. We can give more tax breaks to companies that ship jobs overseas. Or we can reward companies that create jobs right here in the United States." Those are our two choices? We can't just simplify the entire tax code and stop trying to use it to manipulate what everyone does?

- He really mentioned "green jobs." Left out all the companies that have gone bankrupt after he sunk taxpayer dollars into them, trying to force their products onto a market that isn't ready for them.

- Love the claim that it's better for the federal government to make all the student loans, because the old way "wasted money on banks." Banks are in the business of lending money. They know how to do it. Debt from student loans has exceeded $900 billion and a lot of it is going into default. It's the next major fiscal crisis in this country. So what could be better than having the taxpayers directly lend money to students without using the type of judgment that might cause give a profit-making bank some pause?

- The arbitrary Afghanistan pullout date of 2014 is truly bizarre.

- "We will sustain the strongest military the world has ever known." Well that's interesting, coming from the guy who's getting ready to lay a $500 billion sequester on the Pentagon in four months. No other part of the budget. Only the Pentagon. Strongest military in the world, eh?

- Obama's pretty sure that Russia is not our enemy. I guess that's part of how you give Putin "flexibility."

- "I will never turn Medicare into a voucher. No American should ever have to spend their golden years at the mercy of insurance companies." Too bad. Vouchers represent good value, and private insurance companies are not going bankrupt promising a lifetime of benefits they can't afford to pay for.

- It's always fun when Obama starts putting words in his opponents' mouths: "If you can't afford health insurance, hope you don't get sick." Hmm . . . having trouble finding that on the Romney/Ryan web site.

- Actually, since the fiscal crisis comes in the form of $16 trillion in federal debt and $222 trillion in unfunded entitlement obligatations, yeah, government pretty much is the source of our problems.

Glad he's so hopeful. I thought he was supposed to actually fix the problems, thus allowing hope to give way to celebration. Oh well.