Not Helpful

What a buffoon, how pathetic was this? The markets sure didn’t like it.

In Debt Downgrade Aftermath, Obama Serves Up a Silly Speech

First, do no harm. That is a useful injunction for doctors, lawyers, and, it turns out, U.S. presidents.

But President Obama’s useless speech Monday about the basic soundness of the American economy managed to reinforce all the concerns Americans on the left and right have about his stewardship of the country.

The speech did at least temporary harm. As soon as he finished speaking, the already jittery financial markets plunged.

. . .

His calm, passionless, “voice of reason” message, without a single new proposal except his pledge to make specific proposals in the future and work with the Congressionally designated super-committee to address the deficit and debt crises – “leading from behind again” – actually panicked the markets. And no wonder. Americans were looking for a leader, and what we got was the professor again.

See also:
Dow plunges as Obama says US A-OK
Presidential Failure
Matt Gurney: Obama’s speech writers should have their salaries downgraded
Obama’s jobs-message problem
Obama’s Jobs Message Isn’t Catching On
The Washington-Wall Street Disconnect Grows Even Wider
The most powerful man on Earth?
World’s Most Powerful Man Seems … Powerless
Republicans pan Obama’s speech
Democratic logic downgraded

If Obama can’t lead the economy out of the wilderness, he needs to at least call off his regulatory zealots and generally get out of the way. I’m guessing his resignation would be too much to expect from someone so obsessed with himself.

/Obama wouldn’t know sound economic policy if you tattooed it on his forehead backward, so he could read it in the mirror

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Taking NATO To The Woodshed

On his way out the door, retiring U.S. Secretary of Defense Robert Gates lets it fly.

Gates Says NATO Could Face ‘Irrelevance’ in the Future

American Defense Secretary Robert Gates has told NATO members that they need to do more — and spend more — to support the alliance.

ROBERT GATES: “The blunt reality is that there will be dwindling appetite and patience in the US Congress — and in the American body politic writ large — to expend increasingly precious funds on behalf of nations that are apparently unwilling to devote the necessary resources or make the necessary changes to be serious and capable partners in their own defense.”

On Friday, Mr. Gates gave his last policy speech before he retires as defense secretary on June thirtieth. He spoke in Brussels, Belgium, at the headquarters of the North Atlantic Treaty Organization. NATO was created in nineteen forty-nine to defend western Europe against the Soviet Union.

See also:
Transcript of Defense Secretary Gates’s Speech on NATO’s Future
Gates rebukes European allies in farewell speech
‘Collective Military Irrelevance’
After Gates’ Blunt Warning, What’s Next for NATO?
US warns Europe over NATO future
Libya, Europe and the future of NATO
NATO’S future at risk, warns Pentagon chief
Gates offers grim account of NATO’s Libya efforts
Gates slams NATO allies over share of combat burden
Where Gates criticizes, Obama celebrates
How long will the U.S. find NATO relevant and affordable?

Just how worthless is NATO? They’ve been battling third rate military power Libya for three months now, NATO’s running out of ammunition, and Moammar Gadhafi is still there. What would NATO do if, say, Russia attacked western Europe? If NATO can’t defeat Libya, how can they possibly defend themselves? It’s more than obvious that NATO has outlived its usefulness and needs to be disbanded. Why should the United States continue to put up the vast majority of funding, troops, and equipment to support Europe’s defense, when Europe refuses to defend itself?

/and why the [expletive deleted] is Turkey a member of NATO, they not only don’t contribute much of anything, they actively work against the other alliance members, how insane is that?

A Line In The Sand?

Does he mean it this time or will he cave to the out of control spending Democrats yet again?

Boehner says ‘trillions’ in cuts loom on debt vote

The top Republican in Congress wants trillions of dollars in spending cuts as part of must-pass legislation permitting the government to continue to borrow to fund its operations and meet obligations to investors.

House Speaker John Boehner, in a speech prepared for delivery Monday night, says it would be irresponsible to raise the so-called debt limit beyond its $14.3 trillion cap without a major effort to curb the spiraling deficit. He says the cuts should be larger than the amount of the permitted increase in the debt.

See also:
John Boehner’s tough talk on debt limit: a departure from history
Wonkbook: Boehner’s debt-ceiling demands
Boehner: Spending cuts should be greater than debt limit increase
Boehner really isn’t asking for that much to raise debt ceiling
Wall Street Takes Boehner Debt-Limit Speech In Stride
Speaker Boehner: Tax hikes are ‘off the table’
Speaker Boehner: Tax Hikes Are ‘Off The Table’
Republicans Rule Out Tax Increases in Battle With Democrats Over Debt Cap
John Boehner’s debt pitch has risks for GOP
Boehner’s debt-limit speech: Reactions from the Hill
Democrats and Republicans Spar Over US Debt Ceiling
Boehner reiterates GOP’s ransom demands
Obama aide: Boehner shouldn’t hold debt limit ‘hostage’ to spending cuts

So, have Boehner and the Republicans finally grown a spine? They talk the talk, but can they walk the walk? They’re on the right side of fiscal reality and American public opinion in this all the marbles battle for the country’s very economic survival. The stakes for our future literally couldn’t be any higher.

/hopefully, they won’t chicken out again, the last time they promised to stand their ground on spending cuts, it ended in a humiliating disaster for Republicans

71 Minutes Of Whining

It was all about Obama. According to one count, Obama used the words “my” or “mine” 18 times and “I” 88 times, better than once a minute.

/cartoons by William Warren and Michael Ramirez

Peace In Our Time

They say a picture is worth a thousand words . . .

Palestinian Hamas militants wear masks to conceal their identities from the camera as they watch the televised speech of US President Barack Obama as they pose with their weapons in front of journalists at at training base in Rafah, southern Gaza Strip, Thursday, June 4, 2009. Quoting from the Quran for emphasis, President Barack Obama called for a “new beginning between the United States and Muslims” Thursday and said together, they could confront violent extremism across the globe and advance the timeless search for peace in the Middle East. Photo: Eyad Baba

/looks like Obama really touched the hearts of these Hamas terrorists, I fully expect peace to break out far and wide, throughout the Middle East, any day now