The following is a reprint from a Special Report published by the Washington Examiner dated September 20, 2012. The orginal contains this 'Introduction' plus 10 Chapters. Chapter 1 will be posted today; all other chapters will be post one per day. A link to the Washington Examiner maybe found in our 'Links' Listings.
by Mark Tapscott / Executive Editor
Few if any of his predecessors took the oath of office with higher public hopes for his success than President Obama on Jan. 20, 2009.
Millions of Americans hailed his election as an end to partisanship, a renewal of the spirit of compromise and a reinvigoration of the nation's highest ideals at home and abroad.
Above all, as America's first black chief executive, Obama symbolized the healing of long-festering wounds that were the terrible national legacy of slavery, the Reconstruction Era and Jim Crow. We would be, finally, one nation.
But after nearly four years in office, Obama has become a sharply polarizing figure.
His admirers believe he deserves a special place alongside Wilson, the Roosevelts and LBJ as one of the architects of benevolent government.
His critics believe he is trying to remake America in the image of Europe's social democracies, replacing America's ethos of independence and individual enterprise with a welfare state inflamed by class divisions.
In an effort to get a clearer picture of Obama -- his shaping influences, his core beliefs, his political ambitions and his accomplishments -- The Washington Examiner conducted a four-month inquiry, interviewing dozens of his supporters and detractors in Chicago and elsewhere, and studying countless court transcripts, government reports and other official documents
Over the years and in two autobiographies, Obama has presented himself to the world as many things, including radical community organizer, idealistic civil rights lawyer, dynamic reformer in the Illinois and U.S. senates, and, finally, the cool presidential voice of postpartisan hope and change.
With his air of reasonableness and moderation, he has projected a remarkably likable persona. Even in the midst of a historically dirty campaign for re-election, his likability numbers remain impressive, as seen in a recent AP-GFK Poll that found 53 percent of adults have a favorable view of him.
But beyond the spin and the polls, a starkly different picture emerges. It is a portrait of a man quite unlike his image, not a visionary reformer but rather a classic Chicago machine pol who thrives on rewarding himself and his friends with the spoils of public office, and who uses his position to punish his enemies.
Peter Schweizer captures this other Obama with a bracing statistic in his book "Throw Them All Out," published last year. In the Obama economic stimulus program's Department of Energy loans, companies owned and run by Obama contributors and friends, like Solyndra's George Kaiser, received $16.4 billion. Those not linked to the president got only $4.1 billion. The Energy Department is far from the only federal program in which favoritism has heavily influenced federal grants.
To paraphrase Tammany Hall's George Washington Plunkitt, Obama has seen his opportunities and taken them, over and over.
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Showing posts with label Record. Show all posts
Showing posts with label Record. Show all posts
Thursday, September 20, 2012
Friday, June 8, 2012
Running A Champaign Based On Lies
Barack Hussein Obama cannot run on his record. To do so would guarantee his defeat. Obama is desperate to keep the political discussion away from his performance as president, his abuse of power, and his flagrant trashing of the U.S. Constitution.
In an effort to hide his own record Obama has decided to attack Mitt Romney for being an evil, vicious, unscrupulous “CAPITALIST’. Mr. Romney is without a doubt a capitalist, but everything else is an absolute lie. This should not come as a surprise as everyone knows that Obama lies often and with more conviction than he tells the truth. Furthermore, Obama’s political bible, “Rules for Radicals” tells him to attack his ‘enemies’. That the attack need not be based on any truth; repeating the lie frequently will “make it the truth”.
Obama would have you believe that investment companies like Bain Capital, which Mr. Romney once headed, make their living buying companies, firing the employees and selling off the assets.
Companies like Bain Capital make profits by risking their own money in failing companies. It is very much like playing poker. A hand is dealt (a troubled company); the investor exams that hand (why is it in trouble & can I we fix it?); if he likes what he sees he plays the hand (buys the troubled company). The investors then infuse more money and make whatever changes are needed to restore the troubled company to good market value so that the once troubled company can be sold at a profit.
There are times when the investors loose the bet and cannot save the company. On those occasions the investors close the company and sell whatever assets they can to prevent additional loses. They never make “massive profits”, as Obama claims.
If there was money to be made by the sell assets, you can bet the original owners would have done so.
In most venture capital deals people do loose their jobs.
You cannot save a company as long expenses exceed income. In almost every business employees are the largest expense.
Some years back one the world’s major corporations found themselves losing hundreds of millions of dollars per year.
They hired a tough, no nonsense CEO with a track record of saving failing businesses. One of his first actions was to fire 20,000 employees. The newspapers and television attack him as heartless. However, a few short years latter the company had returned, better than before and had added many times over the number that had been fired.
Obama has focused on a single company wherer Bain Capital gambled and lost. He attempts to hang that failure around Romney’s neck to prove how evil and heartless he is.
If Obama ever told the truth on this issue, you would know that Romney had left Bain Capital more than 2 years prior to this lone failure on the part of Bain Capital.
The facts are that if it were not for lies, Obama would have nothing to say. --WD
Comments are invited!
Send feedback to: WatchDog
.
In an effort to hide his own record Obama has decided to attack Mitt Romney for being an evil, vicious, unscrupulous “CAPITALIST’. Mr. Romney is without a doubt a capitalist, but everything else is an absolute lie. This should not come as a surprise as everyone knows that Obama lies often and with more conviction than he tells the truth. Furthermore, Obama’s political bible, “Rules for Radicals” tells him to attack his ‘enemies’. That the attack need not be based on any truth; repeating the lie frequently will “make it the truth”.
Obama would have you believe that investment companies like Bain Capital, which Mr. Romney once headed, make their living buying companies, firing the employees and selling off the assets.
Companies like Bain Capital make profits by risking their own money in failing companies. It is very much like playing poker. A hand is dealt (a troubled company); the investor exams that hand (why is it in trouble & can I we fix it?); if he likes what he sees he plays the hand (buys the troubled company). The investors then infuse more money and make whatever changes are needed to restore the troubled company to good market value so that the once troubled company can be sold at a profit.
There are times when the investors loose the bet and cannot save the company. On those occasions the investors close the company and sell whatever assets they can to prevent additional loses. They never make “massive profits”, as Obama claims.
If there was money to be made by the sell assets, you can bet the original owners would have done so.
In most venture capital deals people do loose their jobs.
You cannot save a company as long expenses exceed income. In almost every business employees are the largest expense.
Some years back one the world’s major corporations found themselves losing hundreds of millions of dollars per year.
They hired a tough, no nonsense CEO with a track record of saving failing businesses. One of his first actions was to fire 20,000 employees. The newspapers and television attack him as heartless. However, a few short years latter the company had returned, better than before and had added many times over the number that had been fired.
Obama has focused on a single company wherer Bain Capital gambled and lost. He attempts to hang that failure around Romney’s neck to prove how evil and heartless he is.
If Obama ever told the truth on this issue, you would know that Romney had left Bain Capital more than 2 years prior to this lone failure on the part of Bain Capital.
The facts are that if it were not for lies, Obama would have nothing to say. --WD
Comments are invited!
Send feedback to: WatchDog
.
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