Hit Piece Misses

The day after Scott Walker demonstrated the sheer might of the conservative vote over the power of public unions, media outlets are doing everything they can to find something else to talk about.  For example, Ross Tucker at The Exchange writes “Republicans Bungle the Battle Over Light Bulbs”.  His article is all about how Republicans are preventing Americans from saving money by preventing Democrats from making incandescent light bulbs illegal.  Apparently, the only way Americans know how to buy economically is if the government eliminates all non-economical options as determined by bureaucrats in DC.

In other news, MSNBC tried to say that the Walker win was a great thing for Obama because the exit polls that showed Walker barely surviving also showed Obama winning in Wisconsin.  Of course, Walker didn’t barely survive, but instead creamed his opponent by a 7 point margin.  If you adjust exit polling by the actual results of the election, Romney will have the distinction of being the first Republican President to win Wisconsin since Ronald Reagan.

AP highlighted Elizabeth Warren tweeting about Scott Brown’s no vote the Democrat equal pay bill that would unintentionally make more women unemployable.  I’m not sure why Warren needs an equal pay bill for women; she already got her affirmative action benefits for being a “Cherokee”.

But the best hit piece was a headline from Rick Newman at US News & World Report stating that Mitt Romney’s desire to sell the government owned GM stock would cost taxpayers $15 billion.  Or as his headline put it, “Mitt Romney’s Stance on GM Sale Would Cost Taxpayers Dearly”.  What a headline.

Newman himself reviews the reason we have GM stock in the first place, but can’t seem to make the connection that the losses to taxpayers from GM might actually be Obama’s fault.  When GM was faltering and heading into bankruptcy, instead of selling GM to Italy like he did with Chrysler or allowing them to go through the legal bankruptcy protection process, Obama funneled about $25 billion dollars into GM making the US taxpayer a Wall Street shareholder.  He did the same thing with AIG and Citigroup.

When it comes to playing Wall Street fund manager with our tax dollars, Obama sucks. I wonder what Occupy Wall Street thinks about our Wall Street fund manager-in-chief?

When GM re-emerged on the market at $35 a share, Obama did not cut our losses and sell.  Instead he held on to GM with our tax dollars.  GM has now dropped to $21 a share according to Newman’s article.  Newman admits that GM would have to reach $52 a share in order for taxpayers to recover the original money Obama invested in GM.

The premise of Newman’s article is that we don’t need any of our money back and can wait to see if GM makes it back to $52 a share.  Of course, at this point GM would have to more than double in value.  Newman thinks this could happen by the end of 2013.  I’d like to know what he is smoking and where I can get some.

Large cap stocks rarely double in a year.  Large cap stocks freshly out of bankruptcy with 60% of their common stock shares owned by a government who is just itching to sell may never double in price. Romney is wise to cut our losses.

By Newman’s own math, Obama cost taxpayers $8.7 billion by not selling when GM peaked at $39.

Newman was trying to use fuzzy math to make Romney the bad guy for cleaning up the President’s taxpayer funded investment.  Instead, he unintentionally presents a clear indictment of one more foolish Wall Street fund manager: Barack Obama.

If Warren is Cherokee, Obama is Kenyan

In a world where Liberalism seeks inequality through ethnicity, Obama has figured out how to play his cards.  Perhaps part of the reason why Obama took so long to find his birth certificate is because he was making millions of dollars on book sales.  The books were advertised as being written by Barack Obama, the “first African-American president of the Harvard Law  Review” and “…born in Kenya…”.

Obama’s literary agent kept this bio until two months after Obama declared that he was running for President.  Then the bio suddenly changed to “…born in Hawaii…”.

As a story teller, Obama is a master.  He told a made up story many times on the campaign trail about his Grandmother dying of cancer and fighting with the insurance companies.  His girlfriend from his book turned out to be a “composite”.  In other words, he had a lot of girlfriends and turned them all into one nice love story for his biography.  In all honesty, it’s no surprise the media doesn’t know who Obama is.  He doesn’t seem to either.

What does it say about a President that lies about his heritage in order to sell his books?  In this case it is simply more proof of a pattern.  Whether it is paying his pastor to shut up or asking the Russian to play ball until after the election, Obama is beginning to resemble a Machiavellian liar who will say whatever it takes to advance his agenda.

However, even beyond that is what appears meaningful to the liberal.  Just as Elisabeth Warren decided to assume the label of Cherokee in order to advance her career, Obama went from a half-white American born in Hawaii to a half-black African born in Kenya and raised in Indonesia and Hawaii.  That’s a diversity product that will sell.   In fact many rich white liberals might buy his book just to assuage their guilt over their own perceived racism.  Obama knew his audience.

This is not representative of America.  In most of America, people who lie on resumes or pay money to cover up their associations get fired.  People who lie about their ethnicity to get a job or sell books generally aren’t very well respected.  Most Americans though don’t have a complicit media all to happy to turn a blind eye.

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