Washington DC: It’s A Scandal Sheet
- Posted by Jeff Carter
- on May 14th, 2013
In the last presidency, liberals were outraged because George Bush was in the White House. They felt that he was illegitimate, and the Supreme Court handed him the office on a silver platter. Somehow, Gore got cheated. Bush’s daddy bought him the Presidency.
The paid no attention to the fact that the Gore family was also a Washington dynasty and had plenty of money to try and buy an election.
Then 9/11 hit and for a short moment, all was forgotten. When Bush made the ill fated decision to enter a war, the gloves came off and the left manufactured crisis after crisis. The Bush administration used groupthink and shoddy intelligence to take action in a way they never should have. The left turned Dick Cheney into the “Dark Lord” and summed up Bush’s leadership with “Bush lied, people died”. Except, Colin Powell must have lied too then. By the way, I haven’t seen a Code Pink march since 2008. There was a lot of hyperbole designed to stir up emotion for political gain back then.
The real crisis of the Bush administration was his failure to reign in government spending, expansion of government, and the economic collapse of the banks. Of course, the wheels were already in motion on bank failure prior to him getting in office thanks to Phil Gramm, Robert Rubin, Barney Frank and Bill Clinton-but he certainly didn’t do anything to stop it. In fact, he created the “ownership society” and threw gas on the fire.
While not even close to the top of the pantheon of Presidents, at least Bush’s administration was generally above board.
In the past few days, American’s have been inundated with news about the actual out of step ethics of the Obama administration. These points are case and point why large government is tyrannical and needs to be stopped.
1. Obama used the IRS to attack opponents. Top officials knew about it.
3. Obama failed in leadership and covered up the Benghazi attack for fear of losing an election. Obama, Sec. Clinton and others have lied to the Congress and American public. Americans died.
Some questions come to mind. What else is the administration doing that is against the law, and against the Constitution? How much is he over reaching in expanding the power of the Presidency, and what kinds of consequences does that have going forward? What’s the difference between Obama and former disgraced President Richard Nixon?
Even liberals are upset. They were on the receiving end of this from Nixon.
Outraged Bay State Democrats are blasting President Obama for exhibiting a Nixonian abuse of power after the stunning news that the Department of Justice secretly obtained Associated Press phone records and the IRS targeted conservative groups — new scandals emerging against the backdrop of heightened Benghazi criticism.
“There’s no way in the world I’m going to defend that. Hell, I spent my youth vilifying the Nixon administration for doing the same thing. If they did that, there should be hell to pay,” U.S. Rep. Michael E. Capuano (D-Somerville) said about the IRS scandal.
Clearly, the Constitutional law professor has no respect for, nor doesn’t understand the American Constitution. He has no respect for the common individual to control their own life.
Unfortunately, you’ve grown up hearing voices that incessantly warn of government as nothing more than some separate, sinister entity that’s at the root of all our problems. Some of these same voices also do their best to gum up the works. They’ll warn that tyranny always lurking just around the corner. You should reject these voices.
Combine all of the above with the profligate spending, horrible economic policy, terrible management of the economy and you have a Presidency even worse than Bush.
He is not one of us.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
Jeffrey Carter is an angel investor and independent trader. He specializes in turning concepts into profits. He co-founded Hyde Park Angels one of the most active angel groups in the United States in April of 2007. He previously served on the Chicago Mercantile Exchange Board of Directors. He has done market commentary for (More...)
Becker Posner Blog
Ben Horowitz Blog
Betting the Business
Black Line Review
Blue Sky Innovation
Both Sides of the Table
Business News Network
Chicago Booth Graduate School of Business
Cooler By The Lake
Daily Economic Release Calendar
Doug Ross @ Journal
Economics of a POW Camp
Foundation for Families
Garden and Gun
George Stigler Institute
Good Beer Hunting
Great Food In Chicago-Steve Dolinsky
Hyde Park Angels
Illinois College of Business
John Taylor's Blog
Legal Issues in Angel Funding
Macroblog-Federal Reserve Bank of Atlanta
Microbrews in Chicago
Mike And G
Milton Friedman Institute
National World War Two Museum
Notes From Underground
Ronald Coase Institute
Senate Banking Committee
The Alpha Pages
The Big Picture
The Clubber Fund
The Daily Crux
The Grumpy Economist
The Jack B Show
The Minimalist Trader
The Musings of The Big Red Car
The Polsky Center
The Streetwise Professor
Tough Love Marketing
US Federal Reserve Bank
US House Financial Services Committee
World War Two Blog