Tag Archives: Obama

Check Please!

I’m at that time in my observations of what is happening in Washington DC where I just want to ask for the check and get out of this dysfunctional restaurant where the floor show and the food are both equally bad.

Last night, we saw more finger pointing. The President placed the blame on the Republicans for not wanting a balanced approach that includes cuts to spending and increase in revenues, yet earlier in the day he backed the Reid plan which contained no revenue increases.

But wait, The Speaker of the House spoke right after the President and had his own spin on things. Among other things, he claims that his plan is born out of the “bi-partisan” efforts in Congress. Well Mr. Speaker, if it were bi-partisan efforts, why can’t your plan pass the Senate? Five Democratic votes out of a total of 193 Democrats in the House does not make it a bi-partisan effort.

The sad thing is that both parties are not telling the American people the truth, the whole truth and nothing but the truth. The truth is that regardless of what happens over the next week, the US credit rating is going to go down. Why? Well, it’s not about the debt ceiling. It is about the debt and our inability to get control of it. The Democrats and Republicans talk a good game, but neither one are serious. They are both part of how we got here. They are two sides of the same coin. How else can we answer the following questions:

  • Is removing a loophole that was created by lobbyist efforts really a tax increase?
  • Does a tax system that allows a $200 billion company to pay no income tax make any sense?
  • Does a government that spends money in other countries building their infrastructure while our own is falling apart make sense?

However, the markets see this country for what it is… an over-spending entity, that does not invest in itself or its people. It is an entity that believes you can strangle your own bad habits by cutting revenue sources ’till it hurts. The result will not be a default. That is not what the markets are worried about. The result will be the belief that we cannot get our fiscal house in order. In fact that result is already there. The steady decline of the dollar was the early sign. We pay more for things now than we did last year even though demand is soft. The next step will be the lowering of our credit rating which will trigger higher interest rates for the US to borrow. This will have a domino effect on other interest rates that are tied to government rates. The average consumer will see a steady increase in some of the rates they are paying. This begins a spiral effect that is tough in a good economy and could prove to be devastating in our current sluggish economy.

Remember this at the next election. It’s time to vote out the immature kids who can’t play nice. It’s time we vote in some adults who can bring in not the “Change we can believe”, but deliver on the “Change that we need”… fiscal discipline on all fronts.

Episode 114 – Libertarian Love In and the Anderson Cooper Man Crush

PoliTalk welcomes Guest Blogger Jeff back to the show in a “Libertarian Love-In” chatfest. GBJ and Glenn discuss a plethera of issues including the Obama/O’Reilly Superbowl Interview in which both of our hosts thought that the interview was a missed opportunity for the President. GBJ also discusses his disenfranchisement with Fox News and his Man Crush for Anderson Cooper.  The two then delve into concerns that neither party is addressing details around the budget cuts that will have to take place. They explore the futility of repealing the health care law vs. changing components that should be changed.  They finish up with some predictions for the Tea Party and ask why we need to declare a political party affiliation with the government.

Best Friends. Vast Experience. Engaging political discussion without the fighting…and with a few laughs. It’s PoliTalk, your weekly political podcast.

You can get the PoliTalk Podcast on iTunes and Zune

Of you can play right the show here by clicking on the play button below:


Episode 109 – Out with the Old, In with the New, Same old thing?

Starting off the show, Jeff, joined by Jeff Hine, Guest Blogger Extraordinaire, Sec. of Defense Gates has asked for over $100 billion in cuts at the Defense Department. How will the new Republican majority in the House react? Will they, as has been the case in the past, reject his wishes and fund local defense projects anyway? At the 6:30 mark, Jeff and Jeff discuss how this new Republican majority, which prides itself on fiscal responsibility and austerity, may deal with the debt limit and paying for the extension of the Bush tax cuts. They wonder how President Obama will square his vote against (and rationale) raising the debt limit in 2006 with his desire to see it increased in March? Ironically, they point out how the Republicans now are bargaining from a position of weakness on the Debt Ceiling. They also discuss who is going to fill in the communications void on the Republican side — will it be the Speaker of the House? The Republican Leader of the Senate? Tea Party Republicans? A GOP Presidential Candidate…like Sarah Palin? This is when the Republicans might start losing their discipline and eating their young, so-to-speak. At the 26:30 mark the talk about the new members of the Obama administration. How will Daley’s selection as Chief of Staff impact the political landscape and affect Obama’s ability to get things done? They conclude with a discussion at the 36:20 mark with a very interesting discussion of the prospective GOP 2012 Presidential field, and how to think about the two camps that are forming: ideologues (Sarah Palin, Huckabee, Pence, Thune, Gingrich, maybe Romney depending on who he wants to be) and manager (Daniels, Huntsman, Haley, Pawlenty, Jindahl, Giuliani). There are likely to be 2-3 candidates emerging from the ideological side, and one from the “managers” side — who will they be, and how will they impact the political discussions this year?

Best Friends. Vast Experience. Engaging political discussion without the fighting…and with a few laughs. It’s PoliTalk, your weekly political podcast.

You can get the PoliTalk Podcast on  iTunes and Zune

Of you can play right the show here by clicking on the play button below:


Episode 108 – Senate Dems Give Obama Holiday Gift, But Is It The Gift That Keeps On Giving?

In this, the last episode of 2010, Jeff and Glenn explain why the recent flurry of legislative activity represents a huge gift to President Obama, but why it won’t last very long. The honeymoon, come January when the new Congress convenes, is likely to be over. Congress and the President should take credit for the passing of the repeal of Don’t Ask Don’t Tell, the 9-11 First Responders Health Bill, the START Treaty and the tax cut extensions, but Jeff explains to the extent anything got done in the Lame Duck Session, most of the credit is due to Senate Majority Leader Harry Reid. He also argues that a majority leader should not hold that position during a re-election campaign, and cites as evidence Reid’s role in the Lame Duck, unencumbered by a campaign, in moving legislation forward. Democrats, with only a few days left in this session of Congress, are finally acting like the Majority Party. Jeff also explains that how, post-election, a few Republican Senators, like Scott Brown of Massachusetts or Olympia Snow of Maine, fearing their own re-election in 2012, are now moving away from the lock-step positions they were forced to hold previously.  In other words, this was a perfect legislative storm — one that we can hope will last, but with Republicans taking the House, it’s going to get harder for the Democrats, not easier. Glenn jokes about China’s role in our new era of debt-laden politics, and then seriously explains the role of the bond market in this process. He also wonders how businesses would function without a budget halfway through a fiscal year, as the government is doing since nobody can agree on a budget that was supposed to be passed months ago!

This episode does contain some technical audio glitches, due to the fact that we had to work around Skype being down for 2 days! We apologize and are throwing Skype under the bus.

Best Friends. Vast Experience. Engaging political discussion without the fighting…and with a few laughs. It’s PoliTalk, your weekly political podcast.

You can get the PoliTalk Podcast on  iTunes and Zune

PoliTalk Discusses Debt Commission, Taxes, Obama’s Weakness on thepulsenetwork.com (TPN) show

In an electric and engaging conversation, Jeff and Glenn today talked about the Debt and Deficit Commission Report, David Brooks idea to scrap the tax code, Jeff’s idea to let all the Bush tax cuts expire and start fresh with the Obama Tax Cuts, and Glenn’s devastating attack on President Obama’s weakness and ineffectiveness as a leader. Watch the show on The Pulse Nework by clicking here.

Something Every Democrat Must Read…Thank You Ted Strickland

This story, which just ran on the Huffington Post, echoes what Glenn and I have been talking about on our show for over a year. Thank you Gov. Strickland for finally putting this out in the open. I hope someone in the communications and political shop at the White House and DNC is reading this.

– Jeff K

Episode 104 – Obama Head of State vs CEO

With House Democrats considering Speaker Pelosi’s election to Minority Leader, Jeff and Glenn wonder how President Obama and the Democrats will manage the Lame Duck session, and probe why President Obama’s leadership style spells doom for Democrats. It isn’t that the President needs to triangulate or find a new message, it’s that he needs to listen to the words of Presidential Candidate Hillary Clinton, who in 2008 opined that the job of the President is to be Head of State and Chief Executive Officer of the government. Until President Obama and his staff start doing things differently, not just saying that they are, things will stay the same, and we’re in for yet another change election in 2012. That the President isn’t taking the lead of his party and calling for fresh faces, as he was in 2008, and new approaches, means the more things change, the more they stay the same. Republicans, for their benefit, need to get off the sidelines and into the game. Using a baseball metaphor, they find themselves walked to third and they’re acting like they hit a triple. Politics used to stop at our borders, but Sen. Kyl’s outright refusal to negotiate in good faith shows that the Republicans are more interested in political tactics than they are serious public policy.

Best Friends. Vast Experience. Engaging political discussion without the fighting…and with a few laughs. It’s PoliTalk, your weekly political podcast.

You can get the PoliTalk Podcast on  iTunes and Zune