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The Campaign Spot

Election-driven news and views . . . by Jim Geraghty.


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What Obama Left Out of His Big Speech

I caught about two-thirds to three-quarters of the speech on radio before getting out of the car. Apparently I missed the parts where Obama talked about how we got into this recession, how Freddie and Fannie played a role in the housing bubble, why all the stimulus spending failed to keep unemployment under 8 percent as his team projected, how all of this new spending will get different results than the stimulus he and his party passed, the figures he cited to explain how tax cuts for millionaires and billionaires are holding back recovery, how blaming the country’s deficit and debt problems on millionaires and billionaires doesn’t qualify as “class warfare,” and why what sounded like another campaign speech had to be given before a joint session of Congress. I’m sure I’ll find all that in the transcript.

I guess he didn’t want Styrofoam columns for his party-convention speech this time around.

Tags: Barack Obama

New on The Campaign Spot. . .


COMMENTS   11

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   09/08/11 20:30

Really pathetic speech. He sounded angry through out the speech and his words are hollow. 'Pass this bill and we'll create jobs', blah blah. He's the boy who cried wolf. He's given this speech how many times? There were sections of the speech I believe were 100% verbatim from previous ones.

Ala Jimmy Carter, it was more mush from the whimp.

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bob carlton
   09/08/11 21:24

jim, you guys at NRO seem to have watched the GOP hootenanny last night. I am sure that the party of personal responsibility took responsibility for... Oh forget, I am gonna catch FOX to get the talking points so I can whistle happily to your tune.

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bob carlton
   09/08/11 21:55

Jim, I suspect you got your fill of this last night, huh ? The GOP candidates spoke at length and with an impressive amount of intelligence.

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   09/08/11 22:22

And he really does not understand why he has become irrelevant?

My Lord, this guy really still thinks he is a genius and a great orator. I think he really is sincere, but is sincerely deluded. What is scary is that when a shallow narcissist cannot run the con any more, he can get irrational and strike out blindly. I think we are in for a truly frightening last year and a half of this presidency. We may have to face the greatest assault on the Constitution and fundamental freedoms in our history.

This guy is just completely out of touch with reality.

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   09/08/11 22:37

Now, now you guys. His latest stimulus proposal is actually a rather risky initiative for Mr. Obama.

He could end up hurting his golf swing if he keeps throwing good money after bad like this.

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   09/09/11 00:03

That's funny, I heard the ENTIRE speech and missed all of those things as well. Huh, weird.

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CliffordB
   09/09/11 00:52

One of the things that Obama always leaves out of his speeches is the fact that he served as lead council for ACORN, an organization which was complicit in forcing banks to relax their lending standards for sub-prime loans. He is now reenacting the same program that lead to the housing meltdown and economic collapse of this country. In Westchester County New York his HUD (Housing and Huma Development)department is "reversing policies of racial segregation" by attempting to force local governments to create low income housing. The housing would be made available through loans with greatly relaxed terms and low or no collateral, much like those that lead to the housing crisis in the first place. HUD considers this is pilot program for the rest of the country. You have to pass this my a**.

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t d
   09/09/11 17:22

Excellent list of what was missing.

I would add another, how do short term "tax credits" overcome long term regulatory, energy and tax burdens? It's only when you set an ongoing growth friendly environment that people will invest in growth with the passion we need for real economic growth. Such tax credits are, at best, short term inducements for short term planning.

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   09/09/11 19:00

Job losses were at their highest and accelerating under Bush. The stock market was tanking, the largest banks were in danger of failing and the economic outlook was grim. Take away the stimulus and the bailouts and it would be far worse. Taxes are lower now than they were under Bush. Which regulations are strangling business? Name them.
Corporate profits have been huge under Obama. Why aren't businesses hiring? "Uncertainty" you claim? B.S. The economy has fundamentally changed and the GOP has no clue how to fix it except for more giveaways to the rich.

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   09/09/11 20:44

@DrPalinIpresume
The single most insane thing I've read this year. Thank you.

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   09/09/11 21:34

I know facts are tough for you to understand.

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