The Veiled Message in Clinton’s Endorsement

A highly strategic political game is being played out right before our eyes between the leader of the old-school liberal Democrats and the leader of the new-school socialist Democrats.  When Bill Clinton atoned for his sins in a New York City joint fundraiser with Obama, all I heard was “This Obama guy is no Bill Clinton”.

We got the message…

Don’t misunderstand Clinton when he calls Romney qualified and praises Romney’s business record.  Clinton is not giving up on his party affiliation.  If anything, he is trying to convert his party back to what it was before Obama.  Dick Morris is likely right when he insinuates that Clinton doesn’t want four more years of Obama.  But Clinton doesn’t necessarily want to see his party fail.  Nor does he want to lose the power and influence he has amassed for himself in the DNC.  He just wants to see Obama fail.

That is why Clinton’s endorsement was not a call to support Obama, but a veiled warning to stay home in 2012.  Clinton reminded the crowd that he is the one who gave them four balanced budgets.  Contrast that with Obama who has increased the deficit by a trillion and a half dollars every year in office, and whose wildest dreams of a budget won’t balance even ten years after he leaves office.  Every Obama budget has been voted down bi-partisanly as outlandish to both Republicans and liberal Democrats.  Nothing says “vote for the guy who’s added $6 trillion to the deficit” like an endorsement from someone who’s record is the polar opposite.  Clinton flaunting his budget record in his Obama endorsement was no mistake or gaffe.

Now, Clinton is not a deficit hawk.  He is not pro-austerity, and he certainly is not a conservative.  Anyone who has been alive long enough knows that it was Newt Gingrich who dragged Clinton kicking and screaming into those balanced budgets.  But Clinton’s perception of himself is as a non-socialist compassionate liberal who cut spending and saw it work.

Clinton cannot support Romney.  First, Clinton is not a conservative.  He opposes Romney on social issues.  He doesn’t really agree with Romney on fiscal issues.  Second, Clinton has no higher ambition at this point than to maintain what he has: his life as a Democrat celebrity.  An actual endorsement of Romney would destroy the Clinton dynasty.

But at the same time, Clinton knows what works and what doesn’t.  Even he can look at the Obama record and see what danger our country is in if the new-school socialist Democrats win.  Setting aside Clinton’s personal and racial beef with Obama, he understands what Obama’s out of control spending will do to the Democrat party’s legacy, and by extension his own, if Obama is given another four years to outspend revenues by over a trillion a year.

If Obama is smart, he will find a way to keep Bill Clinton in whatever corner of the country he has kept Joe Biden for the last four years.  However, don’t count old Slick Willy out yet.  Obama may be about to get schooled by the original campaigner-in-chief.

 

Obama: For Tax And Spend…Before He Was Against It

Obama the penny pincher?

Obama has been exposed in yet another blatant campaign lie.  This one wasn’t even really his fault.  Rex Nutting, a writer for the mainstream/yet left leaning Marketwatch prepared a chart that shows Obama hasn’t really grown spending all that much.  The administration quickly ran with it, putting the chart on their facebook page, and announcing that Obama was a model of fiscal restraint.

So how does this economist at Marketwatch, and now Obama and media reporters who can barely add two and two, come to figure out that Obama is so thrifty?  Simple.  Their percentages make one major assumption that makes the percentages meaningless.  Every dollar of spending in the first year of a President’s term is directly a result of the budget the previous President wrote.

To put it simply, the $787 billion dollar stimulus bill that Obama ran on, lobbied for, pushed through the Democrat super majorities in the House and Senate, and signed was actually spending that should be attributed to Bush.  Of course once you do that you have majorly inflated Bush’s spending and deflated Obama’s spending so that percentages make Obama look like a champ.  I’m not making this up.  This is actually what Rex Nutter did.  He also included 2013 in Obama’s figures even though Obama’s budget lost in the Senate something like 99-0.

The footnote is misleading. Nutter means only $140 billion of the Stimulus (the portion passed in October) is attributed to Obama.

Nutter should be fired, but who is going to fire him?  Journalists rely on people like Nutter to be the “experts”.  That way they don’t have to actually do any work.

“I was for tax and spend, before I was against it!”

Obama’s budget cuts the deficit by $4 trillion over the next ten years.  Of course, like Clinton’s last budget in office, it is simply words on a page that have absolutely no bearing on reality.  But nevermind the fact that $4 trillion over the next ten years wouldn’t cover Obama’s deficits for his first four years or that his numbers are probably about as accurate as the CBOs estimate of the costs of Obamacare.  Since when did Obama decide he was against tax and spend??

Obama, on the one year anniversary of what Nutter seems to think was Bush’s stimulus, praised the stimulus package as having saved us from another great depression.  So shouldn’t we be thanking Bush?  While Obama has been running as a tax cutting President who pinches pennies on his facebook page, just a couple weeks ago he re-affirmed his tax and spend stance in the upcoming debt ceiling debate.  Obama went from tax and spend, to proud tax cutting President when he was forced to extend the Bush tax cuts, to tax and spend when the debt ceiling debate rolled around again, and back to tax cutting for the 2012 election.  Even John Kerry was more consistent.

Biting the hand that feeds them

It is not coming up all roses for the Obama propaganda machine.  Obama is betting the farm on a populist attack against Bain Capital where Romney used to work.  But the Left has been heavily funded by private equity, and most private equity companies didn’t get the memo about Obama just saying whatever it takes to get elected.  Some of them are actually getting offended by the attacks.

Democrats are getting nervous too.  Apparently not every Democrat feels comfortable biting the hand that feeds them.  But what else does Obama have to attack Romney on other than the fact that he is successful and the “independent” liberal voting base is anti-success?

The attack on Bain is dubious anyway.  As a venture capital company, they may have had lots of layoffs on their watch in order to fix businesses, but Obama has seen 2.5 million net jobs lost on his watch.  Actually, let me borrow some Obama math and accuracy and adjust that number to 6.7 million jobs lost.  After all, if the net loss is 2.5 million, but Obama claims he added 4.2 million, then shouldn’t we be using the total jobs lost figure instead of the net?  Just trying to be consistent, Mr. President.

Obama is running as a conservative while acting like a liberal.  When conservatives force his hand, he is happy to take credit for the results.  When liberalism fails, he is happy to pass the buck to Congress or the previous administration.  He will say or do whatever it takes to win re-election and cannot be trusted.

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