Mar 16 2009

Democrats & Obama Worried About Voter Backlash

Published by at 7:20 am under All General Discussions

The New York Times is reporting the Democrats in DC are all of a sudden worried that the voters are rising up against their reckless and unfocused policies. Before I get to the NYT piece I have to wonder what in the world brought this crystalizing moment of sanity to the DC liberals who have been on a “screw you all, we won” binge of socialist policies surrounded by endless pork projects.

I mean, what was going in Congress and the White House when I and others were screaming that the Spendulus bill was a bunch of liberal pet projects with no stimulus, and that no jobs for Americans would be coming from that pork-a-thon for at least another year? These people when ape sending ridiculous sums of money for doggy parks, bike runs and frisbee parks while closing down promising nuclear fusion projects that have been running SUCCESSFULLY for years. It was the largest waste of money ever passed, and it bankrupt the next two generations of Americans in 2 short years.

Now remember this unrestrained pet project spending when you read the NYT piece:

The Obama administration is increasingly concerned about a populist backlash against banks and Wall Street, worried that anger at financial institutions could also end up being directed at Congress and the White House and could complicate President Obama’s agenda.

The administration’s sharp rebuke of theAmerican International Group on Sunday for handing out $165 million in executive bonuses — Lawrence H. Summers, director of the president’s National Economic Council, described it as “outrageous” on “This Week” on ABC — marks the latest effort by the White House to distance itself from abuses that could feed potentially disruptive public anger.

“We’ve got enormous problems that need to be addressed,” David Axelrod, Mr. Obama’s senior adviser, said in an interview. “And it’s hard to address because there’s a lot of anger about the irresponsibility that led us to this point.”

“This has been welling up for a long time,” he said.

Oh this is just to rich! This is another sign of how inexperienced Team Obama is. What they are lamely attempting is a bit of misdirection, trying to spin the voter anger towards the banks and business. They are trying to say “look at all this wasted spending” when they are guilty of 1,000 times this amount of wasted spending on such critical issues as pooping puppies in Pasadena! 

What is the backlash – ever growing Tea Parties, like this one in Cincinnati this weekend:

That is what has the democrats scared. But this can only be scary if something else is showing up – and that is bad poll numbers. DC politicians never get worried until poll numbers start moving. DC pols are immune to other signals like logic, common sense, decency, sacrifice (unless it is others who do the sacrificing). But polls – I wonder if that is what is really behind this sudden panic. Rassmussen has the President’s support index down to +6, from a one time high if +30. Is the source of their new focus?

What bothers me is that, instead of focusing on the root economic problems and instead drifting around enacting a plethora of disjoint liberal policies and pork projects, the DC libs are more interested in placing blame than fixing anything. And they wonder why a backlash is brewing?

Addendum: My suspicions confirmed later in the article:

“There’s unquestionably a strong populist surge out there,” said Joel Benenson, Mr. Obama’s pollster, citing his own polls and focus groups. “It’s been brewing for close to four years. For the last two years, Americans were clearly indicating that they believe that one of the biggest obstacles to progress on America’s toughest challenges — notably health care and energy independence — was the influence of special interests and corporate interests on the agenda in Washington.”

Yep, they are about to become the biggest lightening rod in history – and they deserve it.

41 responses so far

41 Responses to “Democrats & Obama Worried About Voter Backlash”

  1. flashrob says:

    Obama … in the pocket of BIG MONEY …all along?

    were we FOOLED AGAIN, BY “BIG MONEY!” have they INSTALLED “ANOTHER PUPPET!” beginning to look like THEY FOOLED US AGAIN…as usual!!!

    Now, if Mr. Obama, wants TO PROVE OTHERWISE… here’s a JUMPSTART THE ECONOMY CLUE FOR HIM!

    HELP “main st” instead of “wall st.”

    illusion NUMBER ONE: you keep hearing that we have to prevent the “big investment type banks and financials” from failing TO PREVENT A WORLDWIDE LIQUIDITY CRISIS.

    THIS IS FALSE because PUMPING THOSE BANKS FULL OF LIQUIDITY WILL NOT “GET THEM LENDING!” It only “bails out formerly rich investors!”

    Think: Who is going to be borrowing IF YOU FLOOD THE BANKS WITH MONEY …that could be used BETTER ELSEWHERE!

    We are in a “global recession” and STILL GOING DOWN with continued FURTHER JOB CUTS. WORLDWIDE BIZ is CONTRACTING, DELEVERAGING, AND LAYING OFF PEOPLE.

    BIZ NEEDS LARGE AMOUNTS OF LIQUIDITY AND FREE FLOWING CREDIT when THEY ARE EXPANDING “NOT CONTRACTING.”

    using the “trillion bailout” IS LIKE PUSHING A STRING…

    those that NEED CREDIT, like the consumer WILL NOT GET IT, AND “big biz” does not need it IN CONTRACTION.

    they are just BAILING OUT WALL ST. “AS USUAL!”

    I voted for O’bama thinking CHANGE… but it appears the FOXES have surrounded him… and are taking care of “foxes” and not “us chickens!”

    SOLUTION: we have 600 or so regional and local banks and SOME BIG ONES that are not using “mark to mkt” accounting and are in relatively GOOD FINANCIAL SHAPE.

    LET THE BIG INVESTMENT BANKS GO DOWN…flooding them with credit that few need is WASTING TAXPAYER DOLLARS!

    while there is STILL TIME… give the CONSUMER (who won’t qualify for the credit reliquification anyway) A
    HUGE IMMEDIATE TAX REFUND for last year.

    the “individual” consumer could be given a “treasury refund coupon book”
    with options to spend the tax refund in “certain timeframes” and on certain biz and sector purchases. This way he can’t “salt away the money, etc.”

    say: one coupon of 20% could be used to purchase a “new or used car” or make a mortgage or credit card payment” but not pay off all credit card debt in one shot…like make double the minimum payment, etc. …get the idea!

    Congress would have to work out the specifics of the plan, but the effect WOULD BE TO IMMEDIATELY PUMP “HUNDREDS OF BILLIONS” OF DOLLARS into ALL SECTORS OF BIZ AND THE ECONOMY (instead of wasting this money to liquefy credit in world banks…where it will help few who “need and quality” for that type of credit).

    JUMPSTARTING the “consumer sector” of the economy is WHAT IS NEEDED IMMEDIATELY…not bailing out Wall St. fiascos…

    if you don’t jumpstart the “consumer economy” immediately…more jobs WILL BE LOST, MORE PEOPLE WILL BE FORECLOSED AND LOSE THEIR HOUSES. These jobs will not return easily or quickly once they are lost.

    Get with it Obama. Forget Wall St. …BACK “MAINSTREET!”

    FLASHROB