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Saturday, October 30, 2010

Obama Tries to Rekindle Hope

By Uma Ramiah

www.ctmirror.org

Barack Obama came to Connecticut today looking to recapture the magic of 2008, when voters thronged to polls here to help him carry the state and Jim Himes unseat New England’s only Republican in the U.S. House of Representatives.WestportNow.com Image
President Obama addresses the Bridgeport crowd today. (CLICK TO ENLARGE) Larry Untermeyer for WestportNow.com

Now, as a struggling president looking to rev up the Democratic base on the last weekend before election day, Obama fended off a few hecklers and told an enthusiastic crowd in Bridgeport to ignore projections of mid-term losses that are expected to cost Democrats their majority in the House.

“You’ve heard it all from the pundits. You’ve been hearing it on TV, the wisdom that says you can’t overcome cynicism in politics. You can’t over come the special interests. You can’t take on the biggest challenges,” Obama said. “In 2008, they said you couldn’t elect a skinny guy with a funny name.”

Obama smiled and paused as laughter rippled through the Arena at Harbor Yard, the waterfront venue off I-95 for minor-league hockey and Fairfield University basketball.

More on story click here. A link to video of Obama’s speech is here.

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Posted 10/30/10 at 10:55 PM  Permalink



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Himes’ healthcare takeover already has massive cost overruns compared to its advertized costs.  Himes voted for a bill that was supposed to cost only $788 billion. Since March, the estimate has been increased by $115-125 billion, according to the Congressional Budget Office.

Only in Washington does one encounter the phrase “only $788 billion”.  Only with followers such as Himes can Nancy Pelosi pass laws first and admit to the costs later.  Only if the voters return Himes to Washington will we get more of the same fraudulent accounting of the costs of his votes, wasteful spending, and abuse of the taxpayer.

Posted by Christopher C. DeMuth, Jr. on October 31, 2010 at 03:38 PM | #
 

And what part of Mitt Romney-Care (The insurance reform bill is really a Republican plan, which they are conveniently forgetting.) would you throw out?

Let’s see: There is providing universal healthcare for children. There is disallowing rescission, where insurance companies can and do, not just cancel an insurance policy, but demand back all their previous benefits for a typo on your application. There is saving more lives per year than those lost to automobile accidents and wars in Iraq & Afghanistan combined. How about saving hospitals from bankruptcy, because they must provide healthcare to the uninsured. How about eliminating pre-existing conditions—I have a few myself, despite being quite healthy. How about benefiting small companies, who can’t hire people with pre-existing conditions or provide decent healthcare for their employees. How about helping giant corporations, other than insurance companies. How about the peace-of-mind from knowing that getting sick isn’t going to bankrupt you so you can spend, spend, spend and help the economy. How about requiring insurance companies to give back to their customers the same percentage of funds as Medicare does. (Many can’t.) How about protecting all Americans from the totally egregious behavior of insurance companies.

Only in the U.S. have insurance and pharmaceutical companies turned victims of disease and injury into marks for maximum profit and made that seem normal.

Let’s be clear, that amount is over 10 years, I believe, and doesn’t include the savings in outrageous subsidies that companies that don’t deserve get from Medicare or the cost of hidden insurance that is provided anyway? An uninsured friend, because he couldn’t afford a simple blood test, cost Connecticut a million dollars in emergency medicine, just to save his life.

“We don’t want no socialized medicine, just don’t take our Medicare away!”

Posted by Nicholas Pisarro, Jr. on November 02, 2010 at 12:59 PM | #
 

Questions:

  1. What was the average monthly private sector job growth in 2008, the final year of the Bush presidency, and what has it been so far in 2010?

  2. What was the Federal deficit for the last fiscal year of the Bush presidency, and what was it for the first full fiscal year of the Obama presidency?

  3. What was the stock market at on the last day of the Bush presidency? What is it at today?

  4. Which party’s candidate for speaker will campaign this weekend with a Nazi reenactor who dressed up in a SS uniform?

Answers:

  1. In 2008, we lost an average of 317,250 private sector jobs per month. In 2010, we have gained an average of 95,888 private sector jobs per month. (Source) That’s a difference of nearly five million jobs between Bush’s last year in office and President Obama’s second year.

  2. In FY2009, which began on September 1, 2008 and represents the Bush Administration’s final budget, the budget deficit was $1.416 trillion. In FY2010, the first budget of the Obama Administration, the budget deficit was $1.291 trillion, a decline of $125 billion. (Source) Yes, that means President Obama has cut the deficit—there’s a long way to go, but we’re in better shape now than we were under Bush and the GOP.

  3. On Bush’s final day in office, the Dow, NASDAQ, and S&P;500 closed at 7,949, 1,440, and 805, respectively. Today, as of 10:15AM Pacific, they are at 11,108, 2,512, and 1,183. That means since President Obama took office, the Dow, NASDAQ, and S&P;500 have increased 40%, 74%, and 47%, respectively.

  4. The Republican Party, whose candidate for speaker, John Boehner, will campaign with Nazi re-enactor Rich Iott this weekend. If you need an explanation why this is offensive, you are a lost cause.

Posted by Michael Stuttman on November 02, 2010 at 01:16 PM | #
 

Bill Clinton said it best at: http://vimeo.com/16397307 .

Posted by Nicholas Pisarro, Jr. on November 02, 2010 at 01:19 PM | #