Tuesday, January 24, 2012

Obama's State of the Union

The man has read my book. 0bama is spell binding. If I did not know better, I would think he was just elected President and this was his first term. It is not. He is at the end of his term, not the beginning. The issue is not that he caused all of the nation's problems because he did not, cause all of them, that is. The issue is - he has had three years to solve them and he has failed.

Frankly considering his lack of accomplishments, I would have expected a more contrite and apologetic speech for a three year president.  I received the opposite. I observed a president that claimed he could not solve the nation's problems because Washington is broken. He boisterously took credit for saving the automobile industry and proudly exclaimed that GM is again the world's largest car manufacturer.   Further, as I understand it GM, GMAC and Chrysler took $80 billion of bail out money. There was no mention of how much was paid back or how much was sent to Italy to Fiat. In the same breath, he mentioned that Ford is investing billions in new manufacturing plants. By the way, according to FactCheck.org Ford did get some Fed assistance, but took none of the bail out money.

Obama offered that the CEO of MasterLock, a union shop in Milwaukee told Obama, it now made sense to bring jobs back home. Obama failed to tell us why they left in the first place and why it is better now. And of course if it now makes sense in this anecdotal example, then why do we need all the changes Obama mentioned. I suspect the facts behind the example would dilute Obama's ability to take credit for those MasterLock jobs.

I loved Obama's announcement that the states must require students to stay in school until they graduate or reach the age of 18. Sure the states can require it, but who is going to enforce it. The students that drop out typically do not listen to reason.

By the way, I feel so much better now that Obama announced we now have Richard Cordray to look out for us consumers, or American citizens, as I often refer to us. I expect Cordray's first assignment will be to protect us from Obama care, unfair taxes and a strangled economy. He is going to be busy? You may know that Cordray's first priority is to get the important parts of your credit card agreement published in large print. Wow!

And finally, Obama told congress to send him a bill that bans "insider trading" by members of congress. Is it legal now? Martha Stewart, sent to jail for versions of insider trading, must be crying over spilt milk, on that one. Mr. Obama there is already a law against insider trading and it includes all Americans even congress.

There is so much more to write, but so little time. Again the man is spell binding in delivery, magical in oratorical presence, but is clearly not a subject matter expert. Some men can teach, some men can talk and some men can do. We need a doer.

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