Bring it On

Cory Booker revealed the real stakes for the November Election. Faced with having to raise most of the money for his next campaign (maybe Governor?), Cory chose to suck up to Wall Street on Meet The Press and trash Obama. Booker’s remarks defending Bain Capital forced Obama to reiterate why Savage Capital is an issue in this election.

In the spotlight of the world stage, President Barack Obama on Monday unapologetically defended his campaign’s attacks on Mitt Romney’s record at the private equity firm Bain Capital and vowed to keep up the onslaught all the way to November.

“This issue is not a distraction,” Obama defiantly declared at a press conference wrapping up a NATO summit in his hometown of Chicago. “This is what this campaign is going to be about.”

“If your main argument for how to grow the economy is ‘I knew how to make a lot of money for investors,’ then you’re missing what this job is about,” the president said, evidently relishing the opportunity to knock Romney.

“It doesn’t mean you weren’t good at private equity, but that’s not what my job is as president. My job is to take into account everybody, not just some. My job is to make sure that the country is growing not just now, but ten years from now and 20 years from now,” he said.

To my mind this is a bit of a gift, even though Booker clearly was looking out for his own reelection not Obama’s. Bain is just exhibit one in the argument against the Leveraged Buy Out Business. Financed by ex-con Mike Milken in the 1980’s, Mitt was just a piker compared to Henry Kravis or Steve Schwartzman. He was B League. The whole industry of leverage is a plague upon our society.Before Mitt Romney and Miker Milken, debt to equity ratios were rational. After them, the use of junk bond debt exploded and we never looked back until the whole House of Cards collapsed in 2008.  Now we are considering electing this man, Romney, the Leverage Buy out guy, President?

No. Bring on the populist battle we have been waiting for. The 1% vs the 99%.

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31 Responses to Bring it On

  1. len says:

    Leverage is a locust. It consumes and moves on. The cruelty of it when you watch it first hand is impossible to miss. Obama’s point was tone perfect: it is not about the highest profit. Every businessman knows how to choke a chicken. Take hold, tighten up as much as possible and stroke until it produces the optimum possible take away, let it happen. Take the cash and other profit centers, sell off the husk and then move on.

    They run the company from the comfort of their home state, hire outside experts for all decisions, recruit the most unscrupulous in the company to handle the employees with the most talent, quickly retire the managers with strong employee sympathies, seldom really know the product and avoid at all costs getting a relationship with the customers. They come to the right moments arranged by the right people, make the right speech and meet only where a deal is about to be immediately consumated. They are to business what a blow job artist is to a street full of hookers. Even in my memory, there was a trust between employee and employer. That’s gone.

    PBS has a Burt Bacharach/Hal David tribute (Gershwin Award) at the White House on. Diana Krall was worth the whole show of which there are several really great renditions. Stevie plays a harmonica solo on Alfie that is perfect. Soul. Say whatever you like about the Obama presidency, the quality of music played at the White House is several thousand per cent better than in many an administration.

    Taste matters.

  2. Anonymous says:

    the quality of music played at the White House is several thousand per cent better than in many an administration.

    Transform Guantanamo into a 5 stars destination… add some Congas to the music make it resonate in both Continents… have Obama speak some spanish… hahaha

  3. len says:

    Turn the Twin Towers back into standing buildings. Put the people who jumped from the top back into fathers, mothers, siblings, and children. Disembark the passengers from Flight 93. Restore the wall of the Pentagon where people I once worked with worked until the American flight liquefied them.

    And then put your head in a toilet and pull the handle until you drown. The hotel staff will clean you up with the rest of the dog shit.

  4. Roman says:

    “This issue is not a distraction,” Obama defiantly declared at a press conference wrapping up a NATO summit in his hometown of Chicago. “This is what this campaign is going to be about.”

    Here’s the problem, if a politician ‘defiantly declares something’s NOT a distraction’, it typically IS a distraction. Shame on the editor for letting it slip, but then again…

    Maybe there’s something in the polling data because Barry’s declaration is 180 degrees out of sync from current lunch counter sentiment. Most couldn’t tell you what a private equity firm is, or does or why it’s important to understanding who Romney is. What most can and will tell you is how disillusioned they’ve become of anything ‘Barry’. Although that’s the game in politics, ‘it’s not about me, it’s about the other guy’, Barry’s on very fragile ground and should allocate his capital wisely.

    “Barry fatigue” is growing, and not just among the disillusioned and jaded. Even interventionists and hard core supporters seem ‘distracted’ (to be polite) and are looking for an excuse to sit this one out. The ‘populist battle cry’ seems more like a strategy to ‘engage the wayward’ than to win the battle.

    If Barry & Co. are serious about Nov, they should abandon the “1% vs. 99%” tripe for an old fashioned community organizer approach like a ‘day of reckoning’ for the criminals responsible for the largest heist in the history of the world. It seems like such a no-brainer (multi-demographic & bi-partisan support); it’s hard to believe it doesn’t poll better than the “1% vs. 99%” non-sense.

    Where the “1% vs. 99%” meme does seem to make some sense is as a clever workaround (distraction) to the 500 lb. gorilla in the room — globalism. It’s really THE issue and what Len describes so well above. But you don’t discuss globalism in polite company. And you certainly don’t build a campaign around it; it’s become the new ‘third rail’ in politics. It’s just too damn complicated. That and the fact that like the financial crisis, too many principals from both camps drank from its forbidden chalice, mandate that a suitable ‘workaround’ (distraction) be employed.

    So ‘whack a mole’ continues…false arguments, false choices, false outcomes…

  5. JTMcPhee says:

    And the Few who are supposed to be the Grown-Ups are totally insulated from any and all consequences for the personal and professional and global failures imposed, to the Few’s profit, on the lives of the Many, those terminal failures the Few manifest and “manage,” and all they got to do is keep it that way until they reach the comfortable end of their lives.

    It’s what happens when cancer cells, those embodiments of the Marvelous Principle of the Goodness of Growth, mass up to a certain critical point, and start the angiogenesis process that suckers the body into growing new and large arteries connected to the ballooning tumor that help it suck more life force and all the nutrition out of the bloodstream, on the way to cachexia and eventually death of the organism. Tell me there’s no clear analogy to the “financial industry” (sic) and the MIC (really sic) and Big Oil and every other
    large and growing mass in the body politic…

    Is there a scintilla of satisfaction to be gleaned from the little bit of time Michael Milken spent in the federal fat farm, before being released by Judge Kimba Wood? You gotta love stuff like this, which shows how the system really operates (I was going to say ‘works,’ but that would be too kind): There’s more entertainment available if you just google “kimba wood milken”…

    Fucking stupid humans. All of us.

  6. John Papola says:

    This post sucks. I guess you’re just going to be a shameless toady for Obama, then, Jon? This is it? “Bring it on”? Red vs. Blue? Please. Obama is the 1%. His last campaign was bankrolled by wall street. His administration is and has been packed with them.

    I think I may need to check out from reading your posts until after november if this is the kind of stomach-turning propaganda you’re going to peddle. Anyone that votes for Obama after NDAA is endorsing his policies and thus a useful idiot for horror. Don’t vote for Mitt either. Those aren’t the only two options (as if one vote matters, which it doesn’t).

    PS. Obama wouldn’t even be president if he was subjected to the laws his justice department is enforcing. As Penn Jillette noted wisely, the 1% gets to laugh on Jimmy Fallon about doing a little blow. The 99% get thrown in a prison system with more people than the soviet Gulags.

  7. John Papola says:

    And yes, I will defend the right of private people to make deals with their own money and that of others who give it to them freely. And when the deal goes bad, they should bear the costs. There’s nothing wrong with that system. It’s WAY better than statist bailout bonanzas and boondoggles.

  8. Fentex says:

    If what has passed that caused great economic dislocation in the interests of a few was wrong then it was likely illegal, so people should be going to jail.

    As I understanbd it in the u.S the entire mortaging industry ignored laws on the proper method of transferring titles securing debt so as to suite their own interests in quickly packing and re-packing debt into new and innovative forms.

    And that contributed to severe economic distress when the derivatives became over-extended to fictional values and helped weigh the economy down.

    Part of the correct way to address this issue is to enforce the law, wether or not all the fake transfers are vacated or not (managing a crisis having it’s own demands) the people who ignored laws should be punished.

    That is how people with respect for the rule of law proceed. Not by demonising some over others – you can do that after enforcing laws while discussing new ones. Preaching now about bad people were when it’s your job to enforce the laws and don’t seem to be doing so is not something to applaud.

    As long as Obama isn’t putting his apparent friends in jail his rhetoric rings hollow.

    Anyone that votes for Obama after NDAA is endorsing his policies and thus a useful idiot for horror.

    The electorate doesn’t have the choice of the best man for the job verse Obama. They have Obama vs Romney.

    And while a few months ago it seemed clear to me that Romney is the greater evil, and I still think this is true, the gap isn’t as obvious as it once seemed.

    When my sugar is low, this is how Obama looks to me now;

    The more Obama enjoys his Imperial Presidency the more the corruption of excess power that office has gathered turns my stomach. He murders U.S citizens with impunity, he murders families in Afghanistan, Pakistan and Yemen with impunity, he brutalises dissent with charges of treason, he chooses populist rhetoric over legal sanctions and it seems a U.S public frightened by economic demons stalking them and cowed by a decade of continual propaganda playing on concerns for their safety in concert with direct totalitarian disciplining of behaviour at airports has little say in their fate with only the shallowest of choices to make at polls.

  9. JTMcPhee says:


    I’m not sure whether Obama is riding the big white horse, or tied to its tail and being drug through the pig-feeding yard. He’s just the visible, focal, risible imago that’s the peak of an iceberg of steaming shit. But we humans like, no, worship and adore, our figureheads, even when removing those heads actually seems to be a Good Idea. Even if they summon us to the top of the Pyramid of the Sun, cut out and eat our beating hearts with an obsidian blade, and tumble our corpses down those steep stairs to be eaten in turn by the Crowd. Early Soylent Green…

    What are we supposed to do about all the millions of people who have latched onto and made their lives and livelihoods at the burgeoning, mastitic tits of the state-security apparatus nominally based in USA! USA! but with no ultimate loyalty to anything other than itself? What can be done to get them interested in doing something that ADDS to the net happiness and security of the world, instead of tossing black pebbles on the grave of the Enlightenment, whether Bodhisatva or Jefferson? And of course all the shits who have set up the Great Game so it’s got a self-perpetuating, self-repeating, self-igniting bunch of Hot Spots and Trigger Points, making well-paid niches for pundits and a huge procurement bureaucracy for war toys that become ever more suicidal for the idiot species that delegates the old “go kill the cave bear” function to profit-and-career-driven shits that make up the worldwide Networked Battlespace and its asymptotically growing set of suppliers and “contractors?”

    And how about the millions who each have a little straw connected to the huge pipe connected to the enormously, grotesquely debased and deformed thing called “the financial industry,” huffing and puffing, in and out, into one explosively rupturing balloon after another, and all the people who sell them the million-dollar watches (“bespoke chronometers”) and billion-dollar megayachts and all those private islands, and service their every fucking infantile whim?

    And how about those “Oiligarchs?” They got any incentive to do anything different, to, you know, like, stop the co2mbustioconsumption bullshit, the fracking, the promise that Soylent Green and drowned coastlines and cities are GOOD for us? Are INVESTMENT OPPORTUNITIES?

    And all the folks who figure out the little tricks that are involved in “manufacturing demand” for every kind of iTurd and MyFace and “toilet paper that makes you feel REALLY CLEAN”?

    Papola spouts that thing that Chicago’s Mayor Daley, père, used to shout, to shut up anyone that questioned his predations or scams or power grabs: “Where are your programs? Where are your ideas?” Dare one suggest that, except in certain local ways and areas, there ain’t none that work, if by work is meant stop the Screwedmageddon?

    What seems to me to be missing in all the fuckery that’s going on, all the little tiny grabs and screws and take-aways, and drone strikes, and CIA-and-whoever “black ops,” and where’s-mines, all the netting together of all the little vectors of greed and anger and faux-hypocrirectitude and self-(heavy emphasis on SELF)promotion and the rest into one giant arrow pointed so very obviously DOWN, is any way, any hope of a way, to instill just one simple little driving notion, free of caveats and footnotes and exceptions: “Do unto others as you would have them do unto you.” Together with at least a modicum of understanding of the various systems and connections at work in the world, what it takes to keep things of living value alive rather than coming up with ever-more-“CallofDuty”-complex ways to kill them, so one can plan one’s life behind a flag that reads simply “Do No Harm.”

    Good fucking luck, all…

  10. len says:

    Every company that wins and sustains itself in a market has a high proportion of employee ownership because property is a fundamental reward for work. The only exception I know are the so-called Captains and Colonels companies where retired military contract back to the orgranization they retired from. It is worth studying that players in that market to decide how best to proceed to reorient a post-war economy.

    As much as the Golden Rule sustains us, the promise of gold keeps us moving forward. Being an indentured servant is not a bad deal if at the end of it, you get fifty acres in perpetutity.

    @fentex: I think most of us said in past cycles that unless there were heads on pikes for what went down on Wall Street trust in government would fall to the lowest levels ever seen. We weren’t wrong. Obama’s redeeming qualities are

    a ) he didn’t create the mess
    b ) we haven’t augured in yet (bin Laden is Dead, GM is alive)
    c ) he understands that keeping people in jobs is more important than maximizing profits for an ever shrinking elite.

    The best thing one can do to beat a competitor is get to them to adopt stupid philosophies. If there are different ones for different spheres of the market that are mutually incompatible, so much the better. For social conservatives, these are Randian objectivism with fundamental Christianity. There is no more potent recipe for greed and brittle hypocrisy. There is no virtue in selfish forgiveness.

  11. len says:

    And maybe there are sparking portents. The stock market performance of Facebook has a sunny side. Consider that the only people allowed to buy the stock on the first day were the very wealthy. They got their hair cut because they insufferably refused to understand what others could see: naked emperor. So some very greedy people bit the sour pickle. Delicious.

    Meanwhile, by dint of very hard work and willingness to risk capital betting on their own smarts and willingness to work hard, Space-X got a payload into orbit. Inspiring.

    “It don’t come easy, You know it don’t come easy.”

  12. JTMcPhee says:

    Great, if you’re an indentured servant in a system that adheres to some kind of ruleoflaw, where people look ahead and agree that since a steady influx of new contract labor is needed, and custom says and opinion pushes so that people with an exploitable frontier to go to may opt not to sign on or make their “X”, so that welshing on those contracts that are usually (like my ancestors’) not so freely entered into — “contracts of adhesion,” they’re called, desperation giving one party all the leverage, is actually a sort of bad idea.

    And of course if you’re a modern-day slave, workin’ for the man who believes there’s any number of people of other color happy to take your job for pennies, where’s that 40 acres and a mule going to be coming from? Seems like we got agricultural slaves right here in Florida, and occasionally someone pays a mite of attention, but hey, somebody’s got to pick the tomatoes and strawberries, and “outsourcing” options are limited to variety in the national origin of the elements of the pool of bodies. Since so far, land that grows food can’t get moved into virtual space.

    Don’t mind me, I’m just a cross-grained unpleasantness. One does get a bit of schadenfruede now and again to feed the fires, as this from CNBC (the comments are the best part): ‘I Got Zucked!’—Sudden Wealth Losses Of the Rich Oh, the struggle to be the one who pens that pithiest neologism!

    And re SpaceX Success, it’s rocket science, but who in the first instance did the basic airframe, with whose money again? And who’s going to be fronting the pay for the payloads? With what subsidies, patent and more obscure? and the best part is how it’s kind of an advertisement for the virtues of that EvilStatistKeynesian economic notion, that “mixed economy that Papola’s got his incisors into, and the seeming wisdom of the MMT crowd. Which wisdom is nobly and expensively illustrated in SpaceX’s own press kit, as in “SpaceX/NASA:”

    Of course Mr. Unpleasant has to ask, just what global interest is served by shooting shit into orbit, so much of which is now part of the vast and expanding Networked Battlespace? I do get the soulful resonance of orbiting some of James “Scotty” Doohan’s ashes, of course…

  13. len says:

    The rule of law is part of the point. If they can keep cheating and getting away with it, there ain’t no rules. They’ll need their own private army to protect them. Wait, they have the NYPD. Never mind.

    The larger point is getting some kind of balance. If Federal contracting specifically favored employee owned companies the way they favor minority owned companies (a major scam in the C&C companies), at least some of that ownership might flow toward the worker bees who in turn might show some loyalty. Works right well for Dynetics.

    As for Space-X, they did something rather difficult to do. Yes they have a contract but it didn’t come close to covering costs. Musk did that with his own money. This really is old fashioned take the risks reap the rewards kind of stuff. I’d rather we pay our own companies than Putin Inc.

    Speaking of homegrown talent, I see Callie K. has a new show on ABC: Nashville. Should be worth a peek, but then, I’m Easy. 😉

  14. Roman says:

    Great marketing ‘ah ha’ moments aren’t accidents. They result from painstaking market research and the willingness to take on more risk than the other guy. But for the consumer, those ‘ah ha’ moments are pure magic; ‘that’s just what I was looking for’ and ‘pure brilliance, why didn’t I think of that?’.

    If the path not taken virtually guarantees re-election (‘heads on pikes’), what to make of the path chosen (‘1% vs. 99%’)? Is it happenstance, the handiwork of Barry’s infamous brainstorming sessions? Or is it the result of painstaking market research and the willingness to take on a bit more risk than the other guy?

    I think most would conclude that it’s simply a campaign strategy and not much more. Knowing Barry & David, it’s certainly well researched, focus grouped etc., and it does have a few clever angles like turning one of Romney’s touted strengths – extensive business experience, into a huge liability – profiting (handsomely) from business de-construction. But other than that, it certainly doesn’t cause a double take.

    So why build a campaign on something that generates more yawns than feinting spells? Have Barry and David lost their mojo? It’s a head scratcher, particularly when contrasted against strategies like ‘rule of law’ and ‘heads on pikes’. OK, so Barry dissed those one too many times for anyone to take him seriously, but you get the point – why something as lame as ‘1% vs. 99%’?

    This is just a guess, and a feeble one at that, but my two cents…

    Perhaps Barry & Co. are setting up the end game (think legacy) via the 2012 election. Huh? Does anyone here actually believe Mitt Romney will be sworn in as the forty-fifth president of the United States? Nope, not going to happen; there are too many question marks orbiting around Mitt, that have nothing to do with Bain BTW, for him to win the general election. Barry & Co. believe this too, which helps explain why ‘1% vs. 99%’ and not “heads on pikes’.

    Contrary to current thinking, Barry’s legacy won’t be Obamacare, it will be his re-structuring of the US economy after the impending economic catastrophe. What?! We’re not Spain. We dodged the double-dip! We’re on the road to recovery, not headed into another catastrophe! Just because we’re not falling doesn’t mean we’re climbing (we’re in a holding pattern of sorts until after the Nov election).

    Much of the between the lines debate hasn’t been the direction of what comes next (up or down); it’s how steep the next downturn will be. What’s holding us back from an actual recovery has been a sustained market clearing. Wasn’t that Sep-Oct 2008? That was stage 1. Look for stage 2 sometime in (early) 2013.

    “Sounds a little half-baked to me.” I have a tough time with this too. But the fact of the matter is that we’ll never have a real recovery until ‘impaired balance sheets are made whole’. IOW, the debt has to be cleared from balance sheets before real growth can occur. And that can’t/won’t happen without a cataclysmic moment. No one has the political capital or moxie to attempt it without the cover of catastrophic event.

    And when that event occurs, watch for the ‘ah ha’ moments; “he really is brilliant; he’s been saying this for over a year now”. Also watch how it’s used to clobber naysayers and malcontents while passing post-crisis legislation remaking the US (global) economy. But this is silly, Barry’s one of the 1%! It won’t matter when unemployment rises to 25%, like it currently is in Spain, and was at the height of the Great Depression.

    And that’s when Jon’s fantasy will finally be realized; Barry transformed from 172-day wonder kid to THE modern era TR.

    OK, it’s crazy, I know. ‘Heads on pikes’ is so much cleaner. Maybe Alec Baldwin would even agree to do another battle cry pitch like he did for ‘Capital One’.

  15. len says:

    So why build a campaign on something that generates more yawns than feinting spells?

    For all the reasons you cite, and because it takes more than an election cycle (say six months) to prosecute a felon of this magnitude and it invokes forces that cannot be controlled by the WH once set in motion. The time for that duty is past.

    Why the Bain bashing? It is satisfying, it is a good long play album after which a few quick 45s will round out the set, and it points out that we’ve been going wrong for a lot longer than his, or even the last few administrations. I’d say we went offtrack in 69 financially. Culturally, about 1975 when we gave up on cultural revolution and began to accept same-as-only-bluer-and-brighter as a substitute for meaningful conversation with an audience.

    We don’t have to follow Spain into the gulch. Scale matters as much as template. If we get our debt under control (cut 20% off the top of the MIC; not growth; principal; scale the growth of the entitlements), keep encouraging local manufacturing, reform the financial system (hang ’em high), put the emphasis back on smarts with style instead of merely athletic (DTWS sucks), and start enjoying competition (that’s a thread worth having) instead of merely having more money than the next richest guy, America can pull out and pull ahead.

    China invincible? End of the Western domination? Inevitable decline? Bullshit. Ignore the economists, put on the pants or pantsuits and get back to work. As Biden said, this is still the place to be even if we have to work ten years to get our 50 acres. John Locke wasn’t wrong nor the fellow on Civilization who noted that when this all started in the 1700s, South America had all the gold, all the labor, the richest soil and the best food. The trouble is it all belonged to the crown, then it all belonged to the Conquistador families in big haciendas. The natives got nada. Property and rule of law made all the difference in the ascendance of the United States of America. Rule by the elite and a sword failed miserably. Closed societies always do.

    Sorry Jon, but Apple will implode and probably a lot sooner than you believe. Hedge your bets, Dude.

  16. morgan warstler says:

    Good lord.

    WTF do you mean by leverage?

    Putting up the assets the company you acquire to finance your growth?

    1. you buy the company paying off old owners, who know they are going down – and no one TRUSTS to save the company.

    2. you have to CONVINCE bankers / investors to loan you money – so you use the assets of the company, to help reduce risk.

    So your ability to do #2, is based on what?


    THAT THE RISK I REDUCED with collateral.


    Old company goes out of business.

    Kinda like Obama argues he did with GM… except we could have done with with private equity, the only losers would have been UAW retirees.


    This is the great quote:

    “And when you’re president, as opposed to the head of a private equity firm, then your job is not simply to maximize profits,” he said. “Your job is to figure out how everybody in the country has a fair shot.”

    What was GM again? Oh yeah somehow it was giving the RETIRED OLD PEOPLE a “fair shot”

    Look gents, I know you are in the sunset of your lives, but if you were REALLY PROGRESSIVE, you’d be furious that GM paid off the retirees and not the new workers.

    Why not make big cuts ont he GM retirees to give the new GM workers a FAIR SHOT????

    And guess what you OLD MEN???

    If GM had gone down in real bankruptcy, the new young workers would have had a much better shot.

    The YOUNG FRESH STRONG new auto workers who got to feast on the recovery of GM cars now CHEAPER because the retirees ATE IT.


    No, no you aren’t “fair shot” progressives. The game is you vs. the young, not you vs. the 1%.

    Your generation failed, and it should suffer for that failure.

    Talking about the 1% is how you keep from looking in the mirror.

    LESS FOR YOU. That’s what is fair.

  17. John Papola says:

    Obama’s job with GM was easy. He took the financing from all of us by force. He subverted the law in ways that would have put a normal CEO in prison. The comparison is insane. Give me the power to tax my revenues and make my own rules and I can assure you that I’d make an awesome “CEO” too. Sheesh. This president lives in statist fantasy land. The “story of julia” is just one example of his nutty fraudulent/fictional vision. That he fashions himself a business leader (or that toadies like Matt Miller sing along in harmony) is preposterous.

  18. JTMcPhee says:

    Worgon Moistler, a legend in his own mind.

    Keep waving that Red cape and flapping your flag. Maybe someone will put you on the payroll, or on the dole. You would do well in a Soviet-style economy, eh wot? What ever happened to the “sanctity of private property and contract,” hey? Them workers paid their FICA and paid into their retirements directly and indirectly, and you want to put them on the (sic) “ice flow.” In favor of the Sacred Bondholders? Or just All Young People, who I hear you say deserve to eat all the food in their parents’ refrigerators, sleep in their parents’ houses rent-free, and demand their “inheritance” NOW?

    Guess what? YOU don’t get to SAY what “the GAME” is. Either with

    1. bullet points, or


    Lies, damned lies, and Worgonism.

    As I recall it, others have said about you, often and repeatedly, at other sites you infest, something like: “you’re an idiot.”

  19. JTMcPhee says:

    @John Papola

    I like you best when you take off the mask of semi-polite if condescending rationality and let the hard stuff fly. More obloquy and disparagement, please?

  20. morgan warstler says:

    “Sen. Dianne Feinstein (D-Calif.), a widely respected member of Congress, stopped short of criticizing the president, but made it clear that the campaign should pivot.

    “It’s done,” she said. “Go on to other things now.”

    Sen. Chris Coons (D-Del.) told The Hill, “I think the average American … hopes that this campaign will focus on competing visions for how to strengthen our economy, help create jobs and move the country forward.”
    Pressed on whether he thought Obama’s campaign had operated within those guidelines, Coons paused.

    “I’m not going to comment on President Obama’s ad,” he said, shaking his head vigorously.

    Coons and Feinstein are not alone. Other Democrats who are less than enthusiastic to Obama’s Bain ad include former Pennsylvania Gov. Ed Rendell, ex-Rep. Harold Ford Jr. (Tenn.) and Newark, N.J., Mayor Cory Booker. Rendell called negative ads “disappointing,” while Booker called the specific ad “nauseating.”

    Those negative reviews fit with the GOP’s playbook of portraying Obama as one of the most polarizing presidents. But Democratic operatives say Obama’s 2012 campaign tactics must be different than 2008, when he ran on the slogan of hope and change. Drawing a contrast between the president and Romney is the key to winning a second term, they maintain.”

  21. morgan warstler says:

    Mitt Romney the anti-globalist:

    “Well you’d see a very dramatic change in the perspective of small businesses, entrepreneurs, middle-size businesses, and perhaps even some large multinationals.”

    “It’s one, energy policy – taking advantage of our low cost energy. Two, labor policies, which encourage enterprises to hire. Right now we have just the opposite going on. Three, trade policies that open up new markets for American goods. A crackdown on China for cheating – no one’s talking about the impact of China cheating in this country. Let me mention a couple others. We’ve got to get rid of ObamaCare. It is scaring small businesses away from hiring. I’ll mention one more, and that’s the level of regulation on community banks. Community banks are getting hurt by Dodd-Frank and other regulations, making it harder for them to make loans to small businesses. All these things come together.”

    “Well actually if I’m lucky enough to be elected the consumers and the small-business people in this country will realize that they have a friend in the White House, who is actively going to encourage economic growth, and there will be a resurgence in confidence in this country and a willingness to take risks, to invest, to add employees.”

    and then…

    “In addition, they are allowing the theft of intellectual property from American enterprises that cost American jobs. I know they are trying to address that issue as well but they need to be more aggressive in doing so if they want to have full and open trade, free trade, with America. Finally, hacking into computers, commercial computers, government computers, is simply unacceptable by a nation, which is a friendly nation and collaborating on the trade and playing field. And as a result, if I’m President of the United States, on day one, I will designate China as a currency manipulator and be free to take any action with regards to terrorists that would be necessary to protect American enterprise and industry from intellectual property theft, hacking, or the like.”


    Note herein, Romney’s approach is SMALL BUSINESS and get tough with CHINA. Really ask yourselves this question – do you think Romney is LYING about going after China?

    And who do you think is going to be taken more seriously by China?

    Obama is Brzezinski’s global boy, international man of mystery… and no one even imagines for a second China would give a flying fig what he’d have to say.

  22. JTMcPhee says:

    Sounds like Worgon has started channeling Lyndon LaRouche…

  23. len says:

    And as a result, if I’m President of the United States, on day one, I will designate China as a currency manipulator and be free to take any action with regards to terrorists that would be necessary to protect American enterprise and industry from intellectual property theft, hacking, or the like.

    I wonder if he knows how long a day that will be and how crazy he sounds when saying that China is a terrorist. Thieves, yes, but just because they know the secret to opening ali baba’s cave doesn’t mean they want to blow it up.

    At least your nemesis is back, JTMc. Life is good.

  24. JTMcPhee says:

    C’mon, len — you know my Nemesis is “everyone…” And feel free to take your pick of the various definitions attached to the word. It’s all just good clean limbic-system-exercising fun.

    Hope you are feeling as good as possible.

  25. len says:

    Ok, Memesis. 😉

    Much better. The respiratory infection on top of the chemo was a biotch and put me in bed for a week, but I’m getting better and will be better than that soon. Good to be out of the freakin’ mask. I don’t mind acting like Darth Vader but looking like the Shredder was a fashion disaster.

  26. len says:

    @morgan warstler

    They are. This is incremental warfare. The incremental polls are meaningless.

  27. morgan warstler says:

    The issue here guys is that the left SHOULD BE cutting deals with Romney.

    California should keep its money and take its shot at convincing JTM to move there in his old age for all the liberal benefits he rightly deserves.

    If Romney wins, the left should see that the game is rigged against them – once the GOP spends all the money, you either:

    1. be Bill Clinton and focus like a laser to balancing the budget – disappointing your liberal base.

    2. go down in economic flames like Obama


    IF, and I mean IF as in hypothetical, this proves to be the case,

    THEN, your side will need to re-think their strategy, and thats a good thing.

    I truly believe that once your side has to get serious about moving power to state and local level, so that you can build your own utopia, and everyone can shop with their feet for how much government they want…

    Your side will get EXPERT at making liberalism work. It’ll California back int he day when public employees didn’t get paid much, but students all got a free education.

    You’ll get to legalize pot and end the prison guard unions and the three strikes laws.

    You’ll support low income housing in Marin County and less land use restrictions near the coasts where everyone wants to live.


    These are good things. They will be good blue state initiatives.

    Romney winning is the best thing that could happen to Taplin’s ideas on Federalism.

  28. John Papola says:

    I am polite (or semi-polite) to you and the rest of this community and to everyone else who isn’t a bully using his powers to hurt other people (aka, politicians and corporate cronies).

    But for the power thugs, I have nothing but scorn. Obama deserves disparagement. So does Romney.

    Anyone who can stand on stage and joke about murdering people with predator drones…

    …while he’s actually ordered more drone killing than Bush is worthy of disparagement. And the faux “liberals” who’ve learned to love the bomb now that their team is dropping it deserve just as much.

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