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(Investors Business Daily)   How best to describe the Obama era? How about: 'A bad 1970s rerun"?   (news.investors.com) divider line 79
    More: Fail, Obama, Reagan Era, South Vietnamese, Jill Abramson, Economic stagnation, articles of impeachment, keynesians, Jimmy Carter  
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503 clicks; posted to Politics » on 18 Jun 2014 at 11:59 AM (9 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-06-18 09:23:33 AM
More simpleminded wingnut musings from the IBD.

Where to start?  They seem to be blaming Obama for the two wars that his predecessor started, wars that have been far, far worse than VietNam in terms of deaths and in the wide reaching destabilization of the entire planet.

Obama more lawless than Nixon?  The Legislative Branch during Nixon's time was at least somewhat involved in governance, quite unlike the current tea partiers, who have dedicated themselves to making the President their own mortal enemy... they have prevented any action (except, OK, mindless votes to end the ACA, that's real good work, I'll have to admit) and blame Obama for trying to, you know, actually get something done.

Obama is obviously responsible for the economic problems of the country, let's not think of the tea partiers shutting down the government, costing billions and wrecking the USAs credit rating.  And obviously he asked Russia to attack Ukraine, duh.

I'm wasting valuable electrons...
 
2014-06-18 09:45:12 AM
Stagflation hasn't happened yet... but just you wait.  We swear it's just around the corner.
 
2014-06-18 10:19:14 AM
let's see:

• the dow up 10,000 points
• economic crash averted
• positive jobs numbers for 40 months
• bin laden killed
• detroit saved
• the first meaningful healthcare reform ever
• financial reform

yeah, no.
 
2014-06-18 10:19:44 AM
Hmmph. Must be wingnut Wednesday.
 
2014-06-18 10:47:22 AM

FlashHarry: let's see:

• the dow up 10,000 points


That's just the Bush recovery!  but if the Dow drops 1 point, it's Obama's Fault

• economic crash averted

Despite Obama's best efforts to crash it.

• positive jobs numbers for 40 months

Ginned up by Obama.  you need to unskew those numbers and you will see we are at 75% unemployment.

• bin laden killed

Nope, he's at one of Obama's hip hop BBQs, hiding in the basement.

• detroit saved

Government Motors will nevar pay the money back!

• the first meaningful healthcare reform ever

Death panels!  They killed grandma.  and anally raped my mother while pouring sugar in my gas tank.

• financial reform

0Bungle is taking all my money and guns and freedoms.  but don't you date let gay people get married or women have control of their own bodies.

yeah, no.
 
2014-06-18 10:59:03 AM
Wow, the a Republican butthurt has really been cranked to eleven today.
 
2014-06-18 11:10:01 AM
www.toolazytowriteabook.com

Hey hey hey!
 
2014-06-18 11:19:05 AM
How about "Could have been better, but could have been a whole hell of a lot worse."
 
2014-06-18 11:32:37 AM

SilentStrider: Wow, the a Republican butthurt has really been cranked to eleven today.


He looks like he making progress on Benghazi before the midterms, this has put them in a funk.
 
2014-06-18 11:45:52 AM

Dimensio: [www.toolazytowriteabook.com image 490x324]

Hey hey hey!


that's racist.
 
2014-06-18 12:01:33 PM
They'll be trying to make this Carter comparison stick forever.
 
2014-06-18 12:02:45 PM
See, I would have gone with "Much better than the last asshole"...

I think Republicans are just upset that Obama has been the best Republican president we've had in decades... Probably since Eisenhower.
 
2014-06-18 12:03:51 PM

ManateeGag: FlashHarry: let's see:

• the dow up 10,000 points

That's just the Bush recovery!  but if the Dow drops 1 point, it's Obama's Fault

• economic crash averted

Despite Obama's best efforts to crash it.

• positive jobs numbers for 40 months

Ginned up by Obama.  you need to unskew those numbers and you will see we are at 75% unemployment.

• bin laden killed

Nope, he's at one of Obama's hip hop BBQs, hiding in the basement.

• detroit saved

Government Motors will nevar pay the money back!

• the first meaningful healthcare reform ever

Death panels!  They killed grandma.  and anally raped my mother while pouring sugar in my gas tank.

• financial reform

0Bungle is taking all my money and guns and freedoms.  but don't you date let gay people get married or women have control of their own bodies.

yeah, no.


The truly scary part is that the teabagger nutjobs actually believe each of your statements is true.
 
2014-06-18 12:05:44 PM

Dusk-You-n-Me: They'll be trying to make this Carter comparison stick forever.


The GOP will spend the next generation attempting to re-write the entirety of Obama's legacy.
 
2014-06-18 12:07:55 PM
Classic GOP thing, trying to project an aura of 'Jimmy Carter' onto the current Democratic opponent.

The only problem is, hardly anyone these days knows anything about Jimmy Carter except for the fact that he builds homes for the homeless.  And the 1970s?  Only what they read in their high school history classes, which is to say, nothing at all.

Sure, some people remember the peanut farmer, but of those, you're not going to change a single mind by invoking his memory.

This is part of why the GOP is failing and dying.  They're using tricks and tactics that are about 20 years out of date and don't work anymore.
 
2014-06-18 12:09:54 PM
Well, I do think Jimmy Carter and Barack Obama try to do the right thing.  Of course, the NAZI thought they were doing the right thing too.
 
2014-06-18 12:10:08 PM

hiker9999: The truly scary part is that the teabagger nutjobs actually believe each of your statements is true.


Yeah, but in their defense, they only believe that because they're stupid, ignorant racists.
 
2014-06-18 12:11:57 PM

FlashHarry: let's see:

• the dow up 10,000 points
• economic crash averted
• positive jobs numbers for 40 months
• bin laden killed
• detroit saved
• the first meaningful healthcare reform ever
• financial reform

yeah, no.


Not to mention inflation has been running around 1 - 2%, instead of the +10% that inflation reached in the 70's.
 
2014-06-18 12:13:21 PM

Arkanaut: FlashHarry: let's see:

• the dow up 10,000 points
• economic crash averted
• positive jobs numbers for 40 months
• bin laden killed
• detroit saved
• the first meaningful healthcare reform ever
• financial reform

yeah, no.

Not to mention inflation has been running around 1 - 2%, instead of the +10% that inflation reached in the 70's.


See, Obama can't even destroy the country properly!
 
2014-06-18 12:13:48 PM

Dusk-You-n-Me: They'll be trying to make this Carter comparison stick forever.


What I still find amazing is how the Republicans still try to make Carter into this ultra-liberal strawman, when the reality is he was (at least, based on the political alignment of today) a Blue Dog Democrat (especially when you really look at the things he did while in office, which was rather conservative).
 
2014-06-18 12:13:49 PM

SilentStrider: Wow, the a Republican butthurt has really been cranked to eleven today.



Someone I know just mentioned that Obama is "most likely behind" the Redskins losing their precious trademark.
 
2014-06-18 12:14:09 PM

FlashHarry: let's see:

• the dow up 10,000 points
• economic crash averted
• positive jobs numbers for 40 months
• bin laden killed
• detroit saved
• the first meaningful healthcare reform ever
• financial reform

yeah, no.


Holy fark the amount of mind twisting you need to make the comparison, here are a few more things:

1970's runaway inflation   - 2010's some of the lowest inflation numbers in our history.
1970's stagflation   - 2010's continual GDP growth
1970's oil crisis (twice)  -  2010's closer to energy independence that the US has ever been (and on the way to reach that goal).
1970's worse unemployment ever year  - Obama's presidency inherited 8% unemployment, currently in the low 6%.

The only comparison I can make is that we are seeing a war started in the previous decade go to our enemy, just like with Nixon and the vietnam war in the early 70's.  Nixon left vietnam and showed what a waste the war was.  That is the only comparison I can think of.
 
2014-06-18 12:14:37 PM
"A bad 1970s rerun" would be an awful way to describe this presidency. Article's author's butthurt is noted.
 
2014-06-18 12:15:05 PM
Has Stephen Hawking been death-paneled yet?

No?  Then why would anyone listen to anything on the opinion page of Irritable Bowel Daily?
 
2014-06-18 12:16:46 PM

ManateeGag: FlashHarry: let's see:

• the dow up 10,000 points

That's just the Bush recovery! but if the Dow drops 1 point, it's Obama's Fault


The funny thing is that my dad actually blames Obama (not President Obama at the time) for the financial crash and market crash of 2008!  I don't want to go into the mind twist he used to come up with this but trust me, it is just sad.
 
2014-06-18 12:17:21 PM
The Republicans have had a veto on any legislation for 4 years. Why don't they just take credit for the good stuff and not try to paint the economy as bad?
 
2014-06-18 12:17:33 PM
I dunno about that - the last two women I slept with were as smooth as veal cutlets.
 
2014-06-18 12:17:58 PM

Infernalist: The only problem is, hardly anyone these days knows anything about Jimmy Carter


The over 65 crowd is a huge segment (if not the largest segment) of the right-wing audience.
Sadly, that audience still remembers Jimmy Carter.
 
2014-06-18 12:19:01 PM
Obama is doing everything he can to restrict oil development and pump prices top $4 in some parts of the country.

Which means prices have come down since the last president.  Thanks Obama.
 
2014-06-18 12:19:30 PM

Dr Dreidel: I dunno about that - the last two women I slept with were as smooth as veal cutlets.


Hmmmm... I'm hungry and horny at the same time...
 
2014-06-18 12:20:28 PM

Flargan: Infernalist: The only problem is, hardly anyone these days knows anything about Jimmy Carter

The over 65 crowd is a huge segment (if not the largest segment) of the right-wing audience.
Sadly, that audience still remembers Jimmy Carter.


And like I said, those people aren't going to change their minds, either Democrat or Republican.  At best, preaching to that crowd is preaching to the choir.  At worst, it's self-defeating as you start believing your own bullshiat.
 
2014-06-18 12:21:27 PM
img.fark.net
Imagine a world where these two had been elected to the White House.
 
2014-06-18 12:22:22 PM
On a side note, I find it funny how the GOP continually has to the Carter years to drum up an image of poor Democratic leadership.

GOP and affiliated shills: "Wooga Booga!!! Carter!!!!!"

Voters 33 and under: "That guy who was President before I was even born?"
 
2014-06-18 12:24:54 PM

Shrugging Atlas: On a side note, I find it funny how the GOP continually has to the Carter years to drum up an image of poor Democratic leadership.

GOP and affiliated shills: "Wooga Booga!!! Carter!!!!!"

Voters 33 and under: "That guy who was President before I was even born?"


Yes, him, forget about that other Dem president you might possibly remember. Times were awful then, blowjobs everywhere.
 
2014-06-18 12:25:12 PM

Infernalist: Flargan: Infernalist: The only problem is, hardly anyone these days knows anything about Jimmy Carter

The over 65 crowd is a huge segment (if not the largest segment) of the right-wing audience.
Sadly, that audience still remembers Jimmy Carter.

And like I said, those people aren't going to change their minds, either Democrat or Republican.  At best, preaching to that crowd is preaching to the choir.  At worst, it's self-defeating as you start believing your own bullshiat.


This is what is amazing to me, knowing Jimmy Carter how can you compare him to drone using, Osama killing, Libya war starting President Obama?  The economy is actually objectively improving under Obama (the best the right can argue without lying is that it is not improving 'fast enough').  I don't think Carter was a great President, but if you want to look has made the most lasting and damaging actions to the US look no further than George W. Bush.  He started with peace and prosperity and ended with the great recession and war without end.
 
2014-06-18 12:25:48 PM
Arkanaut: Not to mention inflation has been running around 1 - 2%, instead of the +10% that inflation reached in the 70's.

To be fair, Nixon really started the ball rolling on that inflation rate. The other part is that Carter appointed Volcker, and Volcker is the one that had the courage and ability to bring inflation down to the levels that fueled the next 3 decades of growth.
 
2014-06-18 12:26:29 PM

Mentat: How about "Could have been better, but could have been a whole hell of a lot worse."


That's what they said in Jurassic Park after the lame initial tour, and right before all the dinosaurs escaped and murdered everyone.

Thanks, Obamasaur.
 
2014-06-18 12:26:45 PM

Aldon: Infernalist: Flargan: Infernalist: The only problem is, hardly anyone these days knows anything about Jimmy Carter

The over 65 crowd is a huge segment (if not the largest segment) of the right-wing audience.
Sadly, that audience still remembers Jimmy Carter.

And like I said, those people aren't going to change their minds, either Democrat or Republican.  At best, preaching to that crowd is preaching to the choir.  At worst, it's self-defeating as you start believing your own bullshiat.

This is what is amazing to me, knowing Jimmy Carter how can you compare him to drone using, Osama killing, Libya war starting President Obama?  The economy is actually objectively improving under Obama (the best the right can argue without lying is that it is not improving 'fast enough').  I don't think Carter was a great President, but if you want to look has made the most lasting and damaging actions to the US look no further than George W. Bush.  He started with peace and prosperity and ended with the great recession and war without end.


http://www.theonion.com/articles/bush-our-long-national-nightmare-of -p eace-and-pros,464/

The Onion was Cassandra with that article posted in Jan of 2001.
 
2014-06-18 12:26:55 PM

yakmans_dad: The Republicans have had a veto on any legislation for 4 years. Why don't they just take credit for the good stuff and not try to paint the economy as bad?


When two GOP Presidential campaigns along with the entire GOP platform has been to make Obama look like the most evil thing since a gay combination of Stalin, Hitler, and Jimmy Carter, with the intent of firing up their base, it's kinda hard to just walk that back and take credit for a single positive thing that has happened while he's been in office.
 
2014-06-18 12:27:18 PM

Karac: Which means prices have come down since the last president. Thanks Obama.


Any-day now people will realize that the price of oil is set largely by the market in which it is traded. (just like copper, steel, etc...)

//ICE and NYMEX have been around for awhile
 
2014-06-18 12:27:31 PM

Shrugging Atlas: On a side note, I find it funny how the GOP continually has to the Carter years to drum up an image of poor Democratic leadership.

GOP and affiliated shills: "Wooga Booga!!! Carter!!!!!"

Voters 33 and under: "That guy who was President before I was even born?"


So much this!
 
2014-06-18 12:27:31 PM
Carter?  That guy who suggested everyone wear a sweater when it was cold in their house instead of turning up the heat?

fark that guy!
 
2014-06-18 12:28:42 PM
Just don't bring up Bush. Either of them. Or Reagan. Or Nixon.
 
2014-06-18 12:28:55 PM
Tag is obviously for TFA.
 
2014-06-18 12:29:23 PM
In the 70s, teabaggers (known as "Birchers" back then) were almost universally scorned, and they seldom crawled out from under their rocks.
 
2014-06-18 12:31:47 PM

Car_Ramrod:  Obamasaur.


The rarest pokemon in Pokemon, Blue.
 
2014-06-18 12:31:59 PM

magusdevil: Shrugging Atlas: On a side note, I find it funny how the GOP continually has to the Carter years to drum up an image of poor Democratic leadership.

GOP and affiliated shills: "Wooga Booga!!! Carter!!!!!"

Voters 33 and under: "That guy who was President before I was even born?"

So much this!


Frankly the Democratic party has "Wooga Booga!!! Bush!!!!!"  available to them if they want to use it. I know it generally not their style.  But it would work for a looong time.
 
2014-06-18 12:35:51 PM

Aldon: magusdevil: Shrugging Atlas: On a side note, I find it funny how the GOP continually has to the Carter years to drum up an image of poor Democratic leadership.

GOP and affiliated shills: "Wooga Booga!!! Carter!!!!!"

Voters 33 and under: "That guy who was President before I was even born?"

So much this!

Frankly the Democratic party has "Wooga Booga!!! Bush!!!!!"  available to them if they want to use it. I know it generally not their style.  But it would work for a looong time.


Why do you think Jeb Bush isn't going to run in 2016?
 
2014-06-18 12:40:20 PM
 "Russia on the march: In 1977, Carter said we suffered from an "inordinate fear of communism," to which the Soviet Union responded by invading Afghanistan and making inroads in Central America."

If Carter were truly responsible for Russia's performance in Afghanistan and Central America the GOP would have canonized him by now.
 
2014-06-18 12:41:01 PM
I was head teller at a bank during the 1970's. The interest rates were uncanny and people would roll over their CD's every three to six months--sometimes less, since the interest rates were rising so quickly you could pick up several points if you timed things correctly. For some reason they thought I was knowledgeable about finance and would ask my opinion. One guy came in to roll over his CD's and asked me what I thought the best term would be; rates were near 20%. I said "If I were you I would march into the president's office [if you had $100K in the bank you automatically had access to the president] and tell him you wanted a 15 year CD." He was shocked and said "But suppose rates go up?" I said "Interest rates cannot possibly remain this high. Sooner or later they'll come down and then you'll wish you had locked in your rate for longer." Of course he didn't follow my suggestion and, since the bank went under during the S&L crisis, he probably wouldn't have been able to hold onto the higher rate.

One day an elderly woman came to see me, very upset. Her best friend had died and left her $100 K in her will. The woman wasn't sure if she was entitled to the money and I reassured her she was. Then she asked my advice about how best to use it. I looked up her account and she had $300K with us, which meant that she probably had similar amounts in other local banks (this was in Brookline, MA). I said to her "Ma'am, if I were you I'd take that money and go on a trip around the world." She said "But I'd be lonely!" and I answered "Take a friend. Heck, I'll go with you."

She took out a three month CD.
 
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