The People Have Spoken. Four More blah blah.

The ballots have finally been cast and the media got their wish. The candidate they worked their hardest to protect has come out on top. But did the people receive the victor which they need? Many will say yes, and of course I will say no. Nothing personal you see, it is just I do not agree with the policies of Mr. President. In fact I am not quite sure what they might be as he has been on the campaign trail for the last four years and we all know campaign talk is putrid drivel. From both sides of course.

What I do know is I have witnessed an utter lack of leadership on all fronts and a sad propensity to assign blame routinely. I do not find it becoming of a leader. Campaign speeches are like visiting Santa Claus and carry little weight with me as a politician will spout anything. I am happy for those on the left as they got their wish as well. I hope the next four years yield more fruit for them as statistically his strongest supporters have suffered the most.

But the media is in Valhalla. Chris Mathews went so far as to thank the storm of the century for allowing the photo ops to make O look Presidential thus insuring his victory. What a load of tripe and a more vicious comment I have not heard. How insensitive Chris. I don’t buy your apology either as you are a long time political hack and winning is all that matters. No crocodile tears please.

The financial markets are not so pleased for some reason. It went slightly unnoticed but on election day the markets anticipated a Romney win and rallied strongly. Romney got wiped and for some reason the markets have been down handsomely ever since election day. Not a good omen if you ask me. What do investors fear? Answer, lots of potential policies and tax hikes and other goodies which sound good to some, but in the end harm us all. Ever heard of Obamacare? Be careful what you wish for and I will leave thoughts on it to posterity.

Fiscal cliffs on the horizon and FHA just announced they are out of reserves. CIA problems and still no answers on the loss of our Ambassador. Many questions should have been addressed by the media prior to the election yet they decided to spend their time deriding Mr. Romney and his wife. The next four ought to be fun for scandal observers. Israel and Syria are at war and of course Amad is waiting in the wings.

What were the Presidents accomplishments if all this overhang is becoming clear? I suppose Obamacare if you think that is an accomplishment. I surely do not. After all 85% of us have health insurance. The remaining 15% can receive treatment via Medicare etc. According to several polls conducted many who did not carry insurance do so by choice.They might be young and healthy or just prefer the premiums went to a nice car. So no I do not see this as an accomplishment. But what do I know? I am stating some facts and the people voted for more. Many have told me of the new and improved FEMA Mr. Obama created. Ask those on the east coast. According to them who lived through this storm, response has been worse than Katrina and FEMA is on the run as it is too cold for them.

One thing I am glad of is no more mudslinging ads. Most where vile, duplicitous and many were outright lies. Who cares? After all a lie told many times over becomes the truth to some. Thank god not to me. But $2.3 billion worth of it. Obscene. As I have always said, the payoff in politics must be huge. $2.3 billion would feed a lot of poor children. Money better spent than a bag full of lies ever was.

So what does the next four years hold out for us? More of the same no doubt. Mr. President is already spouting for more tax hikes and more energy emission reductions and taxes. All major headwinds to a weak economy. Europe and the middle east are rioting again and we have never seen divisions the likes of which the USA has since the civil war is my guess. Never more divided by one who claimed he would reunite us and make us all feel good. I look forward to interesting observations. Second terms can be problematic historically.

As I am always wont to say, be careful who you worship. Especially if he or she is a politician. Not to be trusted and especially not blindly as many are. I prefer to place my faith in we the people.

Article first published as <a href=’’>The People Have Spoken! Four More blah blah blah…</a> on Technorati.


Has Obama Earned Our Votes?

That is a great question. His true believers will shout yes from the rooftops. Those not so enamored by the gentlemen will spray raspberries. Let us look at a few statistics and try to stay objective. As for my opinion, I will just state a few facts and figures and let you decide. I will attempt to be objective and stay with the facts. However my Libertarian bend might surface.

To begin, I will cede the point that economically we had some major issues of which the largest was the home market debacle which triggered an avalanche across the world. The blame lies with most and probably all our leaders of the last 30 years for this doozie. It was not a Bush thing truth be told as we so widely hear. As a 30 year mortgage veteran, I know of which I speak. So the house of cards collapsed and it was time to rebuild. Hope and change implied that all would be healed by various forms of government intervention. As those who study economics are aware, the free market heals it’s excesses better than any intervention can. Too bad we did not allow the markets to clear properly. We would have been the better for it.

So the promises to heal have been accompanied by the same old liberal playbook such as infrastructure spending and more teachers etc. Unfortunately the 2000 shovel ready projects VP Biden promised did not exist let alone materialize. The trillion dollar stimulus went mostly to states and favored constituents meaning it did nothing for the many and something for the few. Result is unemployment is far higher than it should or could have been. Federal spending has also rocketed by $1 trillion dollar each and every year since Obama took office.

Poverty is up. Food stamp usage is up. Oil prices have more than doubled. Job growth is anemic at best and offset by continued weekly layoffs. GDP is stagnant but moderately positive yet having dropped for three straight years. I can hear you screaming “but stocks are up”. Of course they are as the fed has pumped trillions in to the financial system and stocks are where the better returns are historically. As you most likely know, none of the above is beneficial to the lower and middle income category. The 1% however have benefited greatly. What a paradox and does this record deserve your vote?

Well we have stimulus, Obamacare, massive spending and more new regulations than any time in our history. Yet when Ronald Reagan took office he inherited a larger economic mess than Obama. He got us out of it in less than two years by allowing we the people to take control. I wish the last four years went the same way. As one who is in business I can assure you the massive regulation ie. Dodd-Frank, are devastating. Further more worrisome is that they end up harming those most in need. But capitalism has unique properties and the ingenious citizens of this nation usually find a way to work around our problems and eventually we re emerge.

To foreign policy. This Libyan problem breaks my heart. An absolute tragedy which was avoidable. The middle east is problematic and Putin is trying to take over again. I maintain foreign policy to be very suspect at this point. Israel and Iran on a powder keg. No healing.

But for me, the worst part of the President is his arrogance and apparent aloofness in dealing with dead soldiers and Ambassadors. Be true if you saw him on the John Stewart show. Even John was shocked. Truly chilling. The man seems to always have time for parties and golf. But word is he has not spoken to security advisers in months. Is he AWOL? Looks it to me. His presidency seems a four year campaign. Reports from his inner circle confirm this and many dare not speak of opposing policy ideas or incur his wrath.His prime constituents seem to be the most harmed under his policies. They love him none the less. Very well. I personally find it hard to detect any leadership skills whatsoever. Great at the blame game. Unseemly. That is my opinion and I wear no ideological blinders. It is what I see.

So now we have the sad tragedy of a 100 year storm. And he said no agency should let any rules or regulations block the clean up. If only he said that the day he took office. We might be growing at 5% and creating 500,000 jobs a month which is what we need. He obviously knows over regulation is a negative for growth as he just gave the go ahead for same today. Four years too late? We will know next Tuesday.

Article first published as <a href=’’>Has Obama Earned Our Votes?</a> on Technorati.