Beltway Bob Rationalizes Obama’s Blunders, while Michael Tomasky Sees a “Scared President”
Posted: September 19, 2011 | Author: bostonboomer | Filed under: Medicaid, Medicare, Social Security, Team Obama, U.S. Economy, U.S. Politics, voodoo economics | Tags: "grand bargain", Bagdad Bob, Barack Obama, Beltway Bob, Confidence men, deficit reduction speech, Ezra Klein, John Boehner, Medicaid, medicare, Michael Tomasky, Ron Suskind, Social Security, Tea Party | 25 CommentsOkay, I realize that is a silly title, but after reading Beltway Bob’s Ezra Klein’s latest post and then reading the transcript of Barack Obama’s Rose Garden speech from this morning, I was feeling a little bit punchy.
Dakinikat recently called Ezra Klein “Beltway Bob,” or the Bagdad Bob of the Beltway. That’s a perfect name for Klein, who is apparently way too young to remember anything about politics before about 1990. The guy is naive beyond belief. Lately he seems to see his role as explaining away all of Obama’s blunders, usually by arguing that the President is just too good and moral for the rough and tumble of politics.
This morning, Klein set out to explicate the “deficit reduction plan” that Obama announced in his speech this morning. Specifically, Klein wanted to explain “why the White House changed course.”
President Obama’s deficit-reduction plan (pdf)
is most interesting for what’s not in it. It does not cut Social Security by “chaining” the program’s cost-of-living increases. It does not raise the eligibility age for Medicare from 65 to 67. Nor does it include any other major concessions to Republicans. Rather, the major compromise it makes is with political reality — a reality that the White House would prefer not to have had to acknowledge.Since the election, the Obama administration’s working theory has been that the first-best outcome is striking a deal with Speaker John Boehner and, if that fails, the second-best outcome is showing that they genuinely, honestly wanted to strike a deal with Speaker John Boehner.
That was the thinking that led the White House to reward the GOP’s debt-ceiling brinksmanship by offering Boehner a “grand bargain” that cut Social Security, raised the Medicare age, and included less new revenue than even the bipartisan Gang of Six had called for. It was also a theory that happened to fit Obama’s brand as a postpartisan uniter and his personal preferences for campaigning on achievements rather than against his opponents. But though it came close to happening, the “grand bargain” ultimately fell apart. Twice.
The collapse of that deal taught them two things: Boehner doesn’t have the internal support in his caucus to strike a grand bargain with them, and the American people don’t give points for effort.
Very likely you’re asking yourself, “What the heck does that mean?” I certainly was when I first read it. Is this guy trying to tell us that no one in the White House understood until recently that Boehner had a bunch of looney-tunes tea party reps to deal with? Is he really trying to convince us that–after all those years in Illinois politics and his admittedly short time in national politics–that Obama and/or his advisers actually did not understand that voters expect results, not “just words?”
The answer is “yes.” Beltway Bob does expect you to believe that. The rest of his column is devoted to explaining in great detail that Obama and his advisers actually believed that voters would be thrilled if he made nice with Republicans even if it meant selling out every Democratic ideal–that if the President “looked like a nice guy,” the voters–especially Independents, I guess–would rush to the polls to reelect him.
But now, according to Beltway Bob, the White House staff and the President understand that they made a huge mistake: “the second-best outcome isn’t necessarily looking like the most reasonable guy in the room. It’s looking like the strongest leader in the room.” So that’s why Obama threatened to veto any plan that cuts Medicare or Medicaid and he has for now supposedly taken Social Security off the table. It’s all so sad, according to Beltway Bob–poor Barack has had to go back on all his ideals (those ideals apparently being that he wanted to a great compromiser, while caring nothing about the effects of his compromises) and accept “politics as usual.” Boo-hoo-hoo.
Rather than emphasizing his willingness to meet Boehner’s bottom lines, which was the communications strategy during the debt ceiling showdown, he’s emphasizing his unwillingness to bend on his bottom lines.
That isn’t how the White House would prefer to govern. It’s not how they would prefer to campaign. It is, let’s admit it, politics-as-usual. It’s the triumph of the old way of doing things, an admission that Washington proved too hard to change. But it’s also the only option they have left.
Ezra Beltway Bob can’t seem to recall the hundreds of times that Obama has vowed to draw lines in the sand and then quickly backtracked–not to mention all the Campaign promises he went back on. But why on earth should anyone with a functioning memory believe this hogwash?
Frankly, IMHO, if Obama has in fact taken Social Security, Medicare, and Medicaid changes off the table–which I strongly doubt–it’s probably because he’s scared silly that Americans are finally seeing through his lies.
If you read the transcript of Obama’s speech, you’ll see that he sounds defensive, hesitant, scared of his own shadow. This morning he called for the wealthy to pay at least 20% of their income in taxes. We are supposed to buy that that is a tax increase. Yet under Bush, the wealthiest Americans were supposed to pay 35%, already an unconscionably low rate–why not make them pay that much at least?
Because our President is a scaredy cat, that’s why! I think the change–if it’s real–has everything to do with the news that has come out about Ron Suskind’s new book Company Men, which will be released tomorrow. The news reports about the book make Obama sound like a weak, passive, detached executive who lets his underlings push him around. Michael Tomasky at the Daily Beast calls him “The Scared President.”
Tomasky notes that he was persuaded by what Suskind wrote about the Bush administration in a previous book.
I’m on record as taking Suskind at his word in such matters. In early 2004, when Suskind and Bush Treasury Secretary Paul O’Neill produced The Price of Loyalty, I reviewed it for The New York Times and found it persuasive.That book was the first to confirm what everyone knew anyway: that the Bush White House was run according to politics, not policy. Confidence Men also confirms what we knew about Obama’s White House: that the president appointed the wrong economic team from the start, failed to crack down on the banks, and was Solomonic to a fault when formulating responses to the financial crisis (oh, and news flash: Larry Summers is hard to work with!).
That would be interesting without being shocking. But the indictment goes one mortifying step deeper: Geithner and Summers and Rahm Emanuel, and perhaps others, sometimes ignored Obama, refused to carry out his orders, and, in Summers’s case, mocked him, saying at one point to then-Budget Director Peter Orszag that “there’s no adult in charge” in the White House. And while I don’t yet know whether Suskind emphasizes this point, let’s carry the critique one step further: They did so, as far as we know, without suffering any consequences at all.
No matter how much the White House tries to deny the details that have come out on Suskind’s book, the overall takeaway is that Obama is weak and indecisive. And that is the impression that most Americans have about him already, so why should they disbelieve it? Tomasky:
That’s the problem the book reveals. Adam Moss and Frank Rich of New York magazine did get an early copy and read it, and in an online dialogue posted over the weekend, they home in on what Rich calls Obama’s “intellectual blind spot.” Obama even recognized it himself, telling Suskind he was too inclined to look for “the perfect technical answer” to problems; Rich quotes Suskind as writing that Obama always favored policies that were “respectfully acknowledging opponents’ positions, even those with thin evidence behind them, that then get stitched together into some pragmatic conclusion—but hollow.”
That sounds awfully apt to me. Obama was afraid to be the president. He listened to a dozen viewpoints and tried to come up with something that made everyone happy. Unfortunately, “everyone” included people on his team who were looking out for the banks more than for the public (or for their own boss), and it included people on Capitol Hill whose clear agenda was Obama’s political destruction. It’s the central—and depending on how the next election turns out, possibly decisive—paradox of this president: In trying way too hard to look presidential in the sense of “statesmanlike,” he has repeatedly ended up looking unpresidential in the sense of not being a leader.
Obama wasn’t ready to be President in 2008, and he still isn’t. Tomasky claims to have hopes that Obama can turn it around, but I think it’s just too late. There have been too many lies, too many betrayals of campaign promises, too many sellouts to Wall Street and the Republicans, and too many reversals of supposed lines in the sand.
Perhaps if Obama were capable of followingJames Carville’s advice and fired most of his staff and stood up to Wall Street and the Republicans, as Tomasky hopes. But Obama simply can’t do it. He’s too weak and inexperienced.
Whether you look at Obama through the eyes of Beltway Bob and conclude that this President is just too good and holy for “politics as usual” or through the eyes of Tomasky and conclude that Obama is scared of his own advisers and of Republicans in Congress, this man is simply not qualified for the office he holds. Obama must go. There is no other realistic solution to the country’s problems.
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Saturday Reads: Obama’s War on Old People, Solyndra-gate, and Violent Protest in Cairo
Posted: September 10, 2011 | Author: bostonboomer | Filed under: Egypt, FBI raids, Federal Budget and Budget deficit, Foreign Affairs, MENA, morning reads, U.S. Economy, U.S. Politics | Tags: Egypt, green energy, Medicaid, medicare, Social Security, solar energy, Solyndra | 13 CommentsGood Morning!!
Things are getting so bad for President Obama that I almost feel sorry for him. The reactions to his speech last night are still coming in, and they aren’t all that great. Sure Krugman tried to sound a little enthusiastic, but he ended up damning Obama’s jobs plan with faint praise.
O.K., about the Obama plan: It calls for about $200 billion in new spending — much of it on things we need in any case, like school repair, transportation networks, and avoiding teacher layoffs — and $240 billion in tax cuts. That may sound like a lot, but it actually isn’t. The lingering effects of the housing bust and the overhang of household debt from the bubble years are creating a roughly $1 trillion per year hole in the U.S. economy, and this plan — which wouldn’t deliver all its benefits in the first year — would fill only part of that hole. And it’s unclear, in particular, how effective the tax cuts would be at boosting spending.
Still, the plan would be a lot better than nothing, and some of its measures, which are specifically aimed at providing incentives for hiring, might produce relatively a large employment bang for the buck. As I said, it’s much bolder and better than I expected. President Obama’s hair may not be on fire, but it’s definitely smoking; clearly and gratifyingly, he does grasp how desperate the jobs situation is.
But his plan isn’t likely to become law, thanks to Republican opposition.
Robert Reich applauded the President’s “passion,” but not the plan itself. Reich’s reaction to the Jobs plan:
$450 billion sounds like a lot – and is more than I expected — but some of this merely extends current spending (unemployment benefits) and tax cuts (in Social Security taxes), so it doesn’t add to aggregate demand.
The net new boost to the economy is closer to $300 billion. That doesn’t approach even half the gap between what the economy is now producing and what it could produce at or near full employment.
And much that $300 billion is in the form of temporary tax cuts to individuals and companies. Some of these make sense — enlarging the Social Security tax cut, extending it to employers, and giving small businesses a tax holiday for new hires.
But temporary tax cuts haven’t proven to be particularly effective in stimulating new spending in times of economic stress. People tend to use them to pay off debts or increase savings. Companies use them to reduce costs, but they won’t make additional hires unless they expect additional sales – which won’t occur unless consumers increase their spending.
That leaves some $140 billion for infrastructure – improving outworn school buildings, roads, bridges, ports, and so on. And $35 billion to help cash-starved states avoid more layoffs teachers. Both good and important but still small relative to the overall need.
Just exactly what Dakinikat has been telling us forever. And when The New York Times talked to employers about the plan, most said the tax cuts and credits would be welcome but would not stimulate new hiring until there is consumer demand for their goods and services. Again, exactly what we’ve been hearing from Dakinikat all along.
The saddest article I have seen about Obama’s jobs speech is Dana Millbank’s column from yesterday: The irrelevancy of the Obama presidency. According to Millbank, Congressional Republicans treated the speech as “a big, fat joke.”
“You should pass this jobs plan right away!” Obama exhorted. Sens. Bob Corker (R-Tenn.) and Lindsey Graham (R-S.C.) chuckled.
“Warren Buffett pays a lower tax rate than his secretary — an outrage he has asked us to fix,” Obama went on. Widespread laughter broke out on the GOP side of the aisle.
“This isn’t political grandstanding,” Obama said. Rep. Paul Ryan (R-Wis.) guffawed.
“This isn’t class warfare,” Obama said. More hysterics on the right.
“We’ve identified over 500 [regulatory] reforms, which will save billions of dollars,” the president claimed. House Majority Leader Eric Cantor (R-Va.) and Whip Kevin McCarthy (R-Calif.) giggled.
And according to Millbank, Democrats weren’t all that thrilled either.
In fact, the empty seats were on the Democratic side. Democrats lumbered to their feet to give the president several standing ovations, but they struggled at times to demonstrate enthusiasm. When Obama proposed payroll tax cuts for small businesses, three Democrats stood to applaud. Summer jobs for disadvantaged youth brought six Democrats to their feet, and a tax credit for hiring the long-term unemployed produced 11 standees….Rep. Jesse Jackson (D-Ill.) stared at the ceiling. Rep. Peter Welch (D-Vt.) scanned the gallery. Rep. Jim Moran (D-Va.) was seen reading a newspaper.
Before the speech, Joe Biden actually discussed golf with John Boehner! I really think this President is done. I suppose a miracle could happen and something could stop the train wreck, but I can’t imagine what it would be.
Maybe Obama should read Joe Conason’s article about how Rick Perry tried to privatize Medicaid in Texas and ended up “wasting millions and enriching lobbyists and hedge funds. Oh wait — maybe not. I think that’s probably what Obama wants to do with Social Security and Medicare.
Another problem facing Obama is the Solyndra Energy bankruptcy and investigation. As I wrote a few days ago, Solyndra is a solar energy company which received $535 million in federal loans from Obama’s stimulus plan. Many observers, including the CBO, questioned whether the loan was too risky, but the White House may have intervened to make sure it happened. One of Obama’s biggest donors, George Kaiser owns more than 30% of Solyndra. For some time, Republicans in the House have been asking for an investigation of the circumstances surrounding the loan, especially since the company went bankrupt last week. Now, in a new development the FBI raided Solyndra’s headquarters and today visited the homes of its corporate officers.
An FBI raid on Solyndra Inc., a solar-panel maker that failed after receiving a $535 million loan guarantee from the U.S. Energy Department, may signal the escalation of a probe into the Obama administration’s clean- energy program.
Agents for Energy Department Inspector General Gregory Friedman, who has called the department’s clean-energy loan program lacking in “transparency and accountability,” joined in the search yesterday at the Fremont, California, headquarters of Solyndra, which filed for bankruptcy protection on Sept. 6.
Republicans critical of the program stepped up their attacks following the raid, and two House Democrats questioned the integrity of the company, indicating a potential political crisis for the president. A foundation headed by an Obama campaign contributor was a principal investor in Solyndra….
Friedman, a watchdog within the Energy Department, said in a March report that a lack of adequate documentation for loans “leaves the department open to criticism that it may have exposed the taxpayers to unacceptable risks associated with these borrowers.”
The Federal Bureau of Investigation continued its probe into solar-panel maker Solyndra LLC on Friday by visiting the homes of President and Chief Executive Brian Harrison, as well as former executives and co-founders Chris Gronet and J. Kelly Truman, according to two people familiar with the situation.
Solyndra, which filed for bankruptcy earlier this week, is the target of an investigation into whether executives knowingly misled the Department of Energy to secure a $527 million loan guarantee, The Wall Street Journal reported. On Thursday, the FBI seized documents and computers from Solyndra’s headquarters in Fremont, Calif.
Harrison’s home wasn’t searched on Friday, but he was questioned, according to one person with knowledge of the matter. Harrison, who joined the company in 2010, after the loan was awarded, didn’t respond to a request for comment.
Gronet, Solyndra’s former CEO, didn’t respond to requests for comment. Truman, a former senior vice president at Solyndra, is currently president and chief executive of energy storage developer Deeya Energy. A person answering the phone at Deeya said, “He is not taking phone calls.”
I guess it’s a good thing for Obama that we suddenly heard about a terror threat yesterday, huh?
In other, completely unrelated news, a protest by thousands of people in Cairo “turned violent” yesterday.
A demonstration that brought tens of thousands to this city’s central Tahrir Square turned violent on Friday, when thousands of people — led by a heavy contingent of soccer fans — tore down a protective wall around the Israeli Embassy, while others defaced the headquarters of the Egyptian Interior Ministry.
About 200 people were injured in clashes with the police at the Israeli Embassy and 31 were injured near the Interior Ministry, the Ministry of Health said late Friday night. Protesters apparently had scaled the walls of the Israeli Embassy to tear down its flag.
Mustafa el Sayed, 28, said he had been among about 20 protesters who broke into the embassy. He showed a reporter video from a cellphone, of protesters rummaging through papers and ransacking an office, and he said they had briefly beaten up an Israeli employee they found inside, before Egyptian soldiers stopped them. He said the soldiers removed the protesters from the building, but let them go free.
By 11:30 p.m., about 50 trucks had arrived with Egyptian riot police officers, who filled the surrounding streets with tear gas. Witnesses said that protesters had set a kiosk on fire in front of a security building near the embassy, and that the police had fired rubber bullets to disperse the crowd from both buildings. In addition, a fire broke out in the basement of the Interior Ministry, but it appeared to have been started from the inside and not by the protesters surrounding the building. The fire was in a room believed to store criminal records.
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Obama’s “Jobs Plan” Endangers Social Security and Medicare
Posted: September 9, 2011 | Author: bostonboomer | Filed under: U.S. Economy, U.S. Politics, We are so F'd | Tags: Barack Obama, Jobs plan, medicare, Real News Network, Robert Pollin, Social Security | 17 CommentsVia Naked Capitalism, The Real News Network interviewed an actual economist, Robert Pollen of the University of Massachusetts at Amherst, about Obama’s “Jobs Plan” as describe in last night’s speech. It’s well worth a listen.
According to Zach Carter at HuffPo, next week Obama plans to propose a deficit reduction package that will include increasing the eligibility age of both Social Security and Medicare.
Jon Walker at FDL also has a couple of posts about the Villagers’ plans for Medicare:
Political Forces Lining up to Raise Medicare Retirement Age
The threat to Medicare is very real and pressing. Over the past several months more and more political forces in Washington have being slowly lining up behind a campaign to raise the Medicare eligibility age. This most recent effort really got started when Sen. Joe Lieberman (I-CT) and Tom Coburn (R-OK) put forward a bill to raise the Medicare retirement age in late May.
It got a major push in July when Obama privately offered it up as part of a “grand bargain” on the debt ceiling with Speaker John Boehner. It probably got another push in Obama’s jobs speech last night when the president suggested he still wants to change Medicare in a way “some in his party” won’t like.
The campaign also got a behind-the-scenes boost this week. First, the Democratic members of the House Ways and Means committee included raising the Medicare retirement age in a memo to the Super Committee outlining possible deficit reduction options. But more importantly, the powerful Obama is coming to cut Medicare Walker points out the part of Obama’s speech in which he suggested that Democrats are rigid and unreasonable in opposing changes to Medicare. Walker counters:
Progressives support ways to reduce Medicare spending by methods such as allowing Medicare to directly negotiate for drug prices. Progressives just do not support shifting costs onto old people. Obama saying he supports Medicare changes “some in his party” won’t like is code for saying he will support cutting benefits.
Most of the jobs parts of the speech are unlikely to pass, so on the policy front they won’t really matter much. On the other hand, there is a Super Committee currently empowered to make large deficit reductions, so this part of the speech about cutting Medicare benefits could be the only policy from the speech that is enacted.
I fear all that may result from this speech is that Obama gets a campaign message about how the Republicans don’t care about jobs, and Obama helps the Super Committee raise the Medicare retirement age.
Obama Must Go!!
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Another Republican Wingnut Spouts Surreal Idiocy
Posted: August 18, 2011 | Author: bostonboomer | Filed under: Surreality, U.S. Economy, U.S. Politics | Tags: Affirmative Action, Barack Obama, dependency, food stamps, frail elderly, lunatics, Medicaid, medicare, Oklahoma, Tom Coburn, welfare, wingnuts | 12 CommentsAnother day, another Republican wingnut reveals his ugly inner self. This time it’s Senator Tom Coburn of Oklahoma. Let’s see … where to begin….
Via Think Progress: At a town hall meeting in Pryor, OK, a woman who advocates for people in nursing homes asked Coburn a how we can balance the budget and also make sure the “frail elderly” are protected.
QUESTION: With more and more cuts in Medicare and Medicaid on the horizon, I’m really worried about protecting our frail elderly in the Medicare and Medicaid facilities. So I would like to know how Congress proposes to balance the budget and still make sure our frail elderly in these facilities are protected and have trained care staff, especially in the home care services for seniors sector.
COBURN: That’s a great question. The first question I have for you is if you look in the Constitution, where is it the federal government’s role to do that? That’s number one. Number two is the way I was brought up that’s a family responsibility, not a government responsibility.
Oh really?
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Late Night: A Few Good Smackdowns
Posted: August 2, 2011 | Author: bostonboomer | Filed under: education, U.S. Economy, U.S. Politics | Tags: Afghanistan, Barney Frank, IRAQ, libertarians, Matt Damon, MBAs, medicare, Million Teacher March, Reason Magazine, Republicans, Save our Schools, Tea Party, teachers | 20 CommentsBarney Frank explains to MSNBC’s Lawrence O’Donnell why he couldn’t vote for the Obama-McConnell-Boehner bill. Barney comes on at about the 5:27 mark. The first five minutes are interesting too, but you can skip over them if you want to. I couldn’t find a video with just the Barney interview.
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Barney really lives up to his surname, doesn’t he? He just lays it all out with no bullsh&t. Iraq and Afghanistan exempted from budget cuts? No guarantee of equal cuts in Defense and Medicare/Medicaid? Medicare cuts will keep seniors from getting medical care and result in hospital jobs being lost. He also makes a good point about the possibility of invoking the 14th amendment. And there’s more. Please watch it.
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Another good guy, Bernie Sanders, angrily explains why he won’t vote for the “grotesque” bill either. Please, Bernie, run for President!
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Via Gawker, here’s a great video of Matt Damon, with his mom standing next to him, explaining to a libertarian “MBA type” from Reason Magazine that some people don’t work just to get money. Some people are actually dedicated to their work despite shitty salaries and long hours. Like teachers. Damon and his mom, who is a teacher, were participating in the Save Our Schools Million Teacher March this past weekend.
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Please discuss, or use this as an open thread.
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