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Tuesday, August 05, 2008
Obama Buyers' Remorse and Hannity & Colmes Tonight
Posted by: Hugh Hewitt at 8:44 AM
First, keep an eye on Austin Bay' channel at InTheArenaUSA as AB snagged an interview with General Petraeus yesterday.  The triumph of American arms and strategy in Iraq is a world changing event, and though MSM wants to chase rainbows with Barack, long form interviews with the commander who led the victory should be widely noted and studied.

Because pundits thrive on campaigns, we inevitably end up trying to invest them with meanings and messages they simply cannot carry.  Thus David Brooks "Barack as a sojourner" offering this morning.  Beautifully written, as always is the case with Brooks, but c'mon.  Sometimes a stiff is just a stiff, and the growing amount of Obama buyers' remorse can be put down to increased focus on what Obama is actually saying as opposed to the crowds he has been drawing or the wonderful comeuppance he was delivering to Hillary and Bill.

Yesterday's energy speech by Obama was a perfect example of the almost astonishing emptiness of the Obama platform on this and other crucial issues.  John Hinderaker posts on the speech --here and here-- begin to explain the deep dishonesty of the pose Obama struck, and John hasn't even gotten to the absurd promises Obama made.

Obama declared that, as president, he would direct $15 billion a year into an effort that would end our import of oil from the Middle East and Venezuela while creating 5 million new jobs over 10 years.

No specifics were provided. Details to follow, I guess.

This is the sort of stuff that high school debaters wouldn't dare try as even a sleepy judge would flunk them for offering up magic machines that work on sugar as the answer to our energy problems. Obama dares not offer any specifics on any element of his plan because none are possible or even capable f passing the laugh test.

First, look at how carefully constructed the promise is: Obama promises to end our use of Middle East and Venezuelan oil.

First question --how much do we use from the Middle East and Venezuela?  Obama didn't say, but the U.S. keeps pretty close tabs on such matters, and May '08 imports are listed here.

Saudi Arabia is sending us 1,579 thousand barrels per day.  Venezuela, 1,030 thousand barrels per day. 

Algeria 492 thousand barrels a day; Iraq 452 thousand barrels; and Kuwait 179 thousand barrels a day.

So even if Obama's "ten year plan" leaves untouched our daily doses from Canada (1,876 tbd) Mexico (1,467) Nigeria (1,048) and Angola (581), his new sources still have to come up with the energy equivalent of 3,752 thousand barrels of oil a day.

That's a big number.  Obama opposes almost all new drilling, so it is fair to assume that he means to find this energy somewhere else, and for only $15 billion dollars a year.

Nonsense on stilts.  Obama knows it and any serious observer knows it, but Obama prattles on unchallenged by MSM, but not by voters.

Obama's overreaching surely sparked a reassessment of his inevitability among many voters, but there is a focusing underway here that accounts for his sliding poll numbers as well:  Voters have heard all this stuff before, from McGovern and Carter especially, and better packaging and better delivery doesn't improve the basic product which is massive public spending that penalizes productivity while undermining economic growth.  A tax on oil company profits is a tax on production and on shareholders --many of whom are retirees getting pension checks from large funds invested in the energy sector-- and they aren't keen to tax themselves and the markets to blow money on a vague agenda of magic new energy production schemes.



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John writes: Tuesday, August, 05, 2008 9:44 AM
Obama Buyers' Remorse
Nonsense on stilts.

Works better if you use the same units as your source. That is thousands of barrels per day, not millions. And, try to keep the thousands separator consistent.

That said, Obama is FOS as a CG (Full of S##t as a Christmas Goose)

Regards
Clendon writes: Tuesday, August, 05, 2008 9:46 AM
Numbers Game
BO doesn't have any concept of numbers or ideas. He just has this big wheel with numbers like those at a casino. He spins the wheel and wherever it stops is his speech for the day.
Joe, Don't Hate Me 'Cause I'm Right writes: Tuesday, August, 05, 2008 9:51 AM
If Barack Obama keeps running like this
There will be a landslide. For McCain.

I hope the McCain team makes a TV add about how Obama chose not to visit wounded American vets to go have Germans cheer "the One" instead. It would be a body blow of an attack but absolutely fair. And it would be a devestating ad.
Betty writes: Tuesday, August, 05, 2008 10:40 AM
robama as sojourne
If one reads Brooks carefully, one can see that "sojourner" is another word for sociopath
blindfaith writes: Tuesday, August, 05, 2008 11:07 AM
Pot calling the kettle black
So, Saudi Arabia is sending the U.S. 1,579,000 barrels of oil a day? That would mean we are importing more than $69,000,000,000 worth of oil a year from Saudi Arabia alone? These are figure not even a grade school debater wouldn't dare try until they checked their facts.
Joe, Don't Hate Me 'Cause I'm Right writes: Tuesday, August, 05, 2008 11:09 AM
HuffPuff: Obama can't win?
In the defining moment of his life, McCain was willing to give everything for one thing, and that one thing was his country. Contrast that with Obama, who has told America that he is "a proud citizen of the United States and a fellow citizen of the world." Obama is the talented salesman who seduced one state after another saying "Iowa, this is our moment," "Virginia, this is our moment," "Texas, this is our moment," and then tells Europe, "people of Berlin, people of the world, this is our moment." How many times can Barack Obama sell the same moment to everyone, before he becomes Mel Brooks in "The Producers"? Who is Barack Obama? His campaign, as it reupholsters him before our eyes, says we can never know -- perhaps because Barack Obama does not know himself.

http://www.huffingtonpost.com/alex-castellanos/the-molten-c ore-of-barack_b_116904.html
Jorge writes: Tuesday, August, 05, 2008 11:43 AM
Not Of It

David Brooks (NYT): "He was in Trinity United Church of Christ, but not of it, not sharing the liberation theology that energized Jeremiah Wright Jr. He is in the United States Senate, but not of it. He has not had the time nor the inclination to throw himself into Senate mores, or really get to know more than a handful of his colleagues. His Democratic supporters there speak of him fondly, but vaguely."

Barak Hussein Obama: In America, but not of it.

Kenyan toast.

+ + +
DP in So Cal writes: Tuesday, August, 05, 2008 11:49 AM
Blindfaith (and John)-
I'm not one to put blind faith in the US Government, but that is the source of the information. Yes, it is 1.579 million barrels per day from Saudi Arabia. Also known as 1,579 thousand barrels per day. Worth about $69 billion per year at $120 per barrel. Yup. That's right, indeed.

Are you smarter than a fifth grader?
paddy o'furniture writes: Tuesday, August, 05, 2008 12:07 PM
SAT question for libs.....
Humphrey, McGovern, Carter, Mondale, Dukakis, Gore, Kerry....
Which of the following is next?

1. Barack Hussein Obama
2. Barry Soetoro
3. Michelle Obama
4. Jeremiah Wright
5. All of the Above
Mrs Ramsey writes: Tuesday, August, 05, 2008 12:13 PM
Clendon
numbers game or empty shell game. As I read your no-nonsense commentary I suddenly cracked up laughing, the reason...Obama's 56 States...
Rhetoric, verbocity and a lack of empathy, are the ruling factors in this candidate.
Salty Alaskan writes: Tuesday, August, 05, 2008 12:20 PM
blueinredcity
What a bunch of bull. The consumer class IS the investment class anymore. Almost everyone has some sort of IRA, 401K or personal retirement investment account. It is only the very bottom, (read: illegal immigrants or bottom few percent) that don't. Catch up son, your class warfare shtick is out of date.

Salty Alaskan writes: Tuesday, August, 05, 2008 12:37 PM
blueinredcity
citation please.
K.G. writes: Tuesday, August, 05, 2008 12:40 PM
Amen, Salty
Even my 12 year-old grandson is an investor. My 7-year-old grandson said: Grandma: Save your money so you can make good investments. Be careful not to make bad investments. He's investing in Abercombrie/Fitch. He claims they have "good marketing."

He also said it was better to buy products in China, where they were a lot cheaper and you could sell for higher "margins."

I asked him where he learned all this. Some program on Nick Jr. that teaches little kids about personal finances.

PS: The 7-year old does not buy clothes at AF. He wears his brother's hand-me-downs because he is "saving money to for investments."
KGK writes: Tuesday, August, 05, 2008 1:04 PM
Plans
Nan's plan is to hide Dem districts as they vote for drilling while blasting investors, the Rich and Big Oil. Time for the GOP to expose that nonsense when nearly 52% of all Americans are now in the investor class! Oh, btw, libs, we still are a free enterprise capitalistic nation, not yet a socialist pacifist nation like Sweden! Since when is making a profit a crime if done properly? And as to energy, drill, build, drill, open coal mines : do it all and my bet is with scientific innovations, huge amounts of domestic energy can be hitting the markets in far less than 5 years. BO is sounding more like Chavez each and every day.
hvs writes: Tuesday, August, 05, 2008 1:11 PM
Hmmm....what is the investment class?
Is it the tens of millions of middle class Americans that have their retirement savings invested in the stock market? Or is it the tens of millions of retirees that have their retirement savings invested in the stock market?

Liberals just can't get over the fact that a rising stock market and profitable corporations are a tide that lifts ALL ships.

I'll never make the kind of money that Dick Cheney made in the private sector, but if my stocks go up along with his....I'm good with that.
paddy o'furniture writes: Tuesday, August, 05, 2008 1:23 PM
k.g.
Are you familiar with the kind of "marketing" that Abercrombie & Fitch have become known for? As a Christian woman, I know you would not approve.
I won't even comment about the buying products in China thing..... :-)
hvs writes: Tuesday, August, 05, 2008 1:45 PM
Off topic, but this was funny
McCain in his element,

http://news.yahoo.com/s/ap/20080805/ap_on_el_pr/mccain_5
______________________________________________

Best quote:


"As you may know, not long ago a couple hundred thousand Berliners made a lot of noise for my opponent. I'll take the roar of 50,000 Harleys any day," McCain said, referring to Democrat Barack Obama's recent visit to the German capital."
Salty Alaskan writes: Tuesday, August, 05, 2008 1:53 PM
2 layer guy
If you talk with someone long enough, and they keep repeating the same thing over and over, pretty soon you realize that is all they have to say.

For me, that is BO. He is a two layer guy. There's what he says, the answer he gives to the first question, then nothing new. That is why I say keep him talking. There are plenty of silly people in this country, but not enough to get BO elected if he just keeps talking.
paddy o'furniture writes: Tuesday, August, 05, 2008 2:11 PM
Salty
Agreed. He reminds me of the Jerry O'Connell character in "Jerry McGuire" who can't seem to say anything but, "I just wanna play football...."
NeoConScum writes: Tuesday, August, 05, 2008 4:20 PM
Every Nancy Utterance Needs To Be HUNG
around Barry's scrawny neck. What a wonderful Duet! 200k fluffy Berliners...50K American Harley Owners...Jeepers, what country full of American Voters is this? Oh, yeah, AMERICA.

Toast. Clueless TOAST. :-)
hvs writes: Tuesday, August, 05, 2008 7:15 PM
blueinredcty
Read your link. The article does not address one major component of the wealth formula: consumption realative to income. It addresses debt, stock ownership and income relative to debt.

The obvious question is: Have some households forgone investment and savings in favor of consumption (spending), even consumption financed by debt.
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