Larry Elder

Numb. At some point, that's about how one feels, isn't it?

Didn't rogue nuclear power North Korea, in violation of yet another United Nations resolution, test-fire a long-range missile? Didn't this occur while President Barack Obama delivered a speech on nuclear disarmament? Isn't North Korea the same country that helped Syria build a nuclear reactor, showing North Korea's clear intention to sell and export its nuclear technology? And in response, didn't the President call for the United Nations Security Council -- the one that provides Russia and China with a veto -- to … take action?!

Did the traditional media, in full praise over Obama's "successful" European tour, note that he failed to secure anything of substance? After all, getting more buy-in from the Europeans for the war in Afghanistan was the President's most important objective. And our allies agreed to send 5,000 more personnel to Afghanistan. But wait. The promised deployment consists of police and trainers to be sent on a temporary basis and kept out of harm's way. The United States, Canada and Great Britain, therefore, continue the heavy lifting. And since 9/11, most NATO countries spend less on defense as percentages of their GDPs than before.

Didn't the president fire the CEO of General Motors? With polls showing opposition to bailing out the automakers, the President dumped CEO Rick Wagoner, the 30-plus-year General Motors lifer. Wagoner's long GM career means that he walked the halls while GM continually made decisions that lost money and market share. His replacement checks in with 25 years' experience at General Motors. So the President, praised by the media for his "get-tough" approach with the automakers, swapped a GM lifer with a GM lifer.

And where are the connect-the-dots conspiracy nuts when you need them? During the Bush administration, critics spoke of the "unholy alliance" between Bush and "Big Oil." They attacked Vice President Dick Cheney for an alleged unholy alliance with Halliburton, the company Cheney once ran. Neither the oil companies nor Halliburton received taxpayer "bailout" money -- unlike the banks.

What of the Wall Street bailout recipients' connections to Treasury Secretary Tim Geithner? Until recently, former Clinton Treasury Secretary Robert Rubin -- a mentor of Geithner's -- served for a decade as senior adviser and member of the board of directors at Citigroup. During that time, the company got deeply involved with those fancy derivatives now known as "toxic" assets. Rubin's former firm has received -- so far -- $50 billion from taxpayers.


Larry Elder

Larry Elder is a best-selling author and radio talk-show host. To find out more about Larry Elder, or become an "Elderado," visit www.LarryElder.com.