POTUS aims at Congress, the banks, the millionaires and billionaires, the European plutocrats, the lobbyists, the rascals, at anyone out there or in here (CoS Bill Daley is a banker) who can be blamed for the joblessness, the slowdown, the market turmoil, and especially for the negative poll numbers for the Obama re-elect. Do we need POTUS to tell us what we have long since reported, that the economy is "weaker now that it was at the beginning of the year"? Gee. In sum, POTUS Obama has decided to present himself as a sentimental version of Clifford Odets's 1935 Waiting for Lefty, which is why he speaks in aloof support of the #OccupyWallStreet posse. (Odets used a 1934 taxi strike in NYC as a vehicle.) Tradition says you campaign to the Left for Democratic primaries, then you campaign to the center for the general election against the GOP. POTUS Obama has twisted the formula so that he is campaigning to the left against a divided Congress. "I want to see Congress act so aggressively that I can't campaign against them, all right, thank you very much everybody." This is such an obvious, old-fashioned gambit, e.g., Harry Truman in 1948, that it does not need much discussion. A useful detail, however, is that the GDP turned up in 1947 and into 1948, so that Harry Truman was electioneering into rising expectations. The opposite is fixed for the Obama re-elect: the Europeans are in a stew over their weak banks that cannot escape the inevitable markdown of the Greek debt -- and this means that 2012 offers a recession in Europe and sluggishness near to recession in the US. POTUS Obama's offering himself as the candidate as we wait for Lefty does not change the numbers in Europe, where the banks lived off the PIIGS bonds for years even as our banks lived off CDOs and so forth delusional products for years. Pay the piper. So why does Obama go Left when it cannot possibly change the picture? Perhaps because he believes it? And does the White House "American Jobs Act" represent a Left turn? Nope. It is a repeat of the stimulus package that failed in 2009. POTUS calls Congress "cynical." What may also be true is that #Obama2012 is casually cynical. Waiting for Lefty was a romance in the frame of the emergency of 1934 and 1935. The imprecation "Strike!" was meant to represent collective action to take control of the national dialogue. POTUS Obama's version in 2011 is "Campaign!" Disappointing in its mildness and obviousness. Lack of vigor, lack of heart, a long-since-anticipated electioneering strategy. Re-electing a sentimentally Lefty (not) Obama is a solution?


HOW ABOUT WAITING FOR GODOT?
The 'Hope and Change' never came. Just a political hack from Chicago who's trying to save his job.
Based on some recent reading about the Kingfish, I'm thinking that the H in BHO should stand for Huey. The Kingfish's "Share Our Wealth" program is eerily like today. Be very careful about stoking the crowds at the barricades. Demagoguery never ends very well; e.g., look at what happened to Robespierre. I don't trust the astringent and dyspeptic libertarianism of a Ron Paul, but the progressive's overarching aim to control every aspect of my life "for the betterment of humanity" scares me. I guess watching Ken Burns "Prohibition" this week touched a raw nerve about sanctimonious reformers.
Oil crisis, Liberals in Revolt, the mayor of NYC toying with higher office. 1972 was a surprising election to the mainstream media.
Ugh. If Bloomberg wants to be King, he's going to have to do it as what he is, a Democrat.
Had the displeasure of actually listening to POTUS presser yesterday. I was astounded by his rambling responses which broadcast over many topics but never clearly answered anything except when he could assign blame. I wondered how the teleprompter could keep up, but realized that what I was witnessing was an example of his extemporaneous thinking. Lastly was struck by how many times in reference to his American Jobs Act he spoke of union labor rebuilding infrastructure and teachers as well as other municipal workers being able to keep their jobs. Once again we see Federal dollars going to states & municipalities for short term gains. No real job creation here. Same ole, sane ole. Sad.
What should we call Obama? Rigid socialist ideologue.
He reminds me of what James Chiles describes in his Inviting Disaster as "cognitive lock." That's when the flood of information that a system has failed overwhelms the brains of people dealing with the crisis and freezes them to fatal inaction or repetition of obviously inadequate actions.