Author Topic: Obamateurism of the Day -- from HotAir  (Read 18935 times)

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Offline Eupher

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Re: Obamateurism of the Day -- from HotAir
« Reply #25 on: May 02, 2012, 10:43:37 AM »
If it weren’t for those dastardly Republicans, Barack Obama often argues, I’d have fixed all our woes by now!  Unfortunately for Obama, he often gets his facts wrong in these arguments, but perhaps none quite so wrong as in a speech Monday to the Building and Construction Trades Department conference.  He claimed that Speaker of the House John Boehner had blocked him from fixing bridges in Ohio and Kentucky:

Quote
I sent them a jobs bill that would have put hundreds of thousands of construction workers back to work repairing our roads, our bridges, schools, transit systems, along with saving the jobs of cops and teachers and firefighters, creating a new tax cut for businesses.  They said no. I went to the Speaker’s hometown, stood under a bridge that was crumbling.  Everybody acknowledges it needs to be rebuilt. Maybe he doesn’t drive anymore.  Maybe he doesn’t notice how messed up it was. They still said no. There are bridges between Kentucky and Ohio where some of the key Republican leadership come from, where folks are having to do detours an extra hour, hour-and-a-half drive every day on their commute because these bridges don’t work.  They still said no.

Really? Er … no, not really, as Glenn Kessler discovered.  At first, the WaPo factchecker thought Obama had repeated his claims about the Brent Spence Bridge, for which Kessler had already assigned Obama three Pinocchios.  Instead, Obama meant the Sherman Milton Bridge, which links Kentucky and Indiana, not Ohio.  Governor Mitch Daniels (of, y’know, Indiana) had to shut down the Sherman Milton Bridge because of a crack discovered in the structure.  But as Kessler discovered, it didn’t stay shut down for long:

While Obama claimed “these bridges don’t work,” the Sherman Milton Bridge has already been repaired, ahead of schedule, and motorists are driving over it again.

It turned out that, rather than being an example of an aging bridge, the crack that had been discovered actually had been there ever since the bridge was constructed in 1962, because of the type of steel used at the time. Other repairs were ordered, and the bridge reopened nearly three months ago — without needing any of Obama’s jobs-bill funds.

Another nearby bridge, the Kennedy Bridge, will soon undergo redecking, but officials said the work will not lead to a shutdown. Again, the work is being done without Obama’s jobs-bill money.

Let’s recap.  Obama got the geography wrong, got the bridge status wrong, got the problem wrong, and neither of the two projects need the funding he touted.  Perhaps he’d do better to listen to Boehner.  At least Boehner knows where Ohio ends and Kentucky and Indiana begin.  Still, he’s getting better … in a way.  This time Kessler gave him four Pinocchios.

http://hotair.com/archives/2012/05/02/obamateurism-of-the-day-732/
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Offline AllosaursRus

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Re: Obamateurism of the Day -- from HotAir
« Reply #26 on: May 02, 2012, 01:30:32 PM »
Well, it's really hard to keep those 57 states separated in his child like mind. O'Bummer couldn't find his ass with both hands, so this is but a minor goof.

I don't think the guy could tell the truth to St. Peter in order to get by the Pearly Gates!

I've never heard a president lie like a dog like this guy does, and I was puttin' bumper stickers on cars for JFK, who was by the way, the last DemocRat worthy of the office. Every single one since has been a disaster for the country!
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Offline FiddyBeowulf

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Re: Obamateurism of the Day -- from HotAir
« Reply #27 on: May 02, 2012, 02:03:06 PM »
For the record, there are 58 states. After visiting the 57th, owebuma said there was "one to go". 58, read them and weep.
60. He had been to 57 states with one still left to go. He said his staff would not let him go to Hawaii or Alaska.
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Offline obumazombie

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Re: Obamateurism of the Day -- from HotAir
« Reply #28 on: May 02, 2012, 03:31:20 PM »
60. He had been to 57 states with one still left to go. He said his staff would not let him go to Hawaii or Alaska.

It's a number very similar to the minimum wage, always increasing.
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Offline Eupher

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Re: Obamateurism of the Day -- from HotAir
« Reply #29 on: May 04, 2012, 10:07:49 AM »
We’ve criticized Barack Obama and his White House staff on many occasions for their poor research skills, but there hasn’t been any incident quite as embarrassing as the gaffe made in Obama’s proclamation on Tuesday to commemorate Jewish American Heritage Month. The proclamation listed several prominent Jewish Americans, including Gertrude Stein, a well-known American artist of the early-to-mid-twentieth century:

Quote
Their history of unbroken perseverance and their belief in tomorrow’s promise offers a lesson not only to Jewish Americans, but to all Americans. From Aaron Copland to Albert Einstein, Gertrude Stein to Justice Louis Brandeis.

Algemeiner, the self-proclaimed [see update] “fastest growing Jewish newspaper in America,” pointed out that the inclusion of Stein in that list was appalling — since she was an admirer of Adolf Hitler and an apologist for the puppet Vichy regime in France during the war.  The same day that Obama signed and published the order, Alan Dershowitz had blasted the Metropolitan Museum for covering up Stein’s collaboration with the Nazis in France and cheerleading for Hitler (via Breitbart):

Quote
Stein, a “racial” Jew according to Nazi ideology, managed to survive the Holocaust, while the vast majority of her co-religionists were deported and slaughtered.  The exhibit says “remarkably, the two women [Stein and her companion Alice Toklas] survived the war with their possessions intact.”  It adds that “Bernard Fay, a close friend…and influential Vichy collaborator is thought to have protected them.”  That is an incomplete and distorted account of what actually happened.  Stein and Toklas survived the Holocaust for one simple reason:  Gertrude Stein was herself a major collaborator with the Vichy regime and a supporter of its pro-Nazi leadership.

According to a new book entitled Unlikely Collaboration:  Gertrude Stein, Bernard Fay and the Vichy Dilemma, by Barbara Will, Stein publicly proclaimed her admiration for Hitler during the 1930s, proposing him for a Nobel Peace Prize.  In the worst days of the Vichy regime, she volunteered to write an introduction to the speeches of General Phillipe Petain, the Nazi puppet leader who deported thousands of Jews, but who she regarded as a great French hero.  She wanted his speeches translated into English, with her introduction, so that Americans would see the virtues of the Vichy regime.  In that respect she was like other modernist writers, such as Ezra Pound and T.S. Eliot who proudly proclaimed their pro-Fascist ideology, but Stein’s support for Fascism was more bizarre because she was Jewish.

Stein’s closest friend, and a man who greatly influenced her turn toward fascism was Bernard Fay, who the Vichy government put in charge of hunting down Masons, Jews and other perceived enemies of the State.  Fay was more than a mere collaborator as suggested by the Met exhibit.  He was a full blown Nazi operative, responsible for the deaths of many people.  After the war, when the horrendous results were known to all, Gertrude wrote in support of Fay when he was placed on trial for his Nazi war crimes.

Perhaps an artist should be judged without regard to his or her political affiliations or actions, but the Met exhibit purports to present the story of the Stein collection and of Gertrude’s life in France.  It ends with a misleading description of her activities during the war years.  It would perhaps be different if this were only an exhibition of the Steins’ art collection rather than a biographical account of her family’s life in France.  By withholding from the viewers an important part of the truth, the Met is engaging in a falsification of history.

So apparently was the Obama administration.  After Algemeiner contacted the White House for comment, the response came that the wrong version of the proclamation had been published, and that the citation of Stein and other specific people had been from just one early draft.  How could Stein be listed at all on any version of such a proclamation?  It took the White House a little while to replace the offending proclamation, but eventually they did.

At some point, the White House has to hire real researchers.  Maybe that’ll be Obama’s second-term agenda. (via E-nough)

Update: Algemeiner points to this Fox News clip to make the argument that their status as the fastest-growing Jewish newspaper in the US isn’t just self-proclaimed:

*See the link for video*

http://hotair.com/archives/2012/05/04/obamateurism-of-the-day-734/
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Offline obumazombie

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Re: Obamateurism of the Day -- from HotAir
« Reply #30 on: May 04, 2012, 11:02:30 AM »
When you think radical lib/dem/socialists are the norm, you end up having nothing but them in the owebuma administration.
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Offline Eupher

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Re: Obamateurism of the Day -- from HotAir
« Reply #31 on: May 07, 2012, 10:52:09 AM »
In another of the “Do as I say, not as I do” OOTD entries, we finally include Barack Obama’s personally-delivered attack on Mitt Romney over whether the Republican nominee has the testicular fortitude to fight the war on terror.  The attack went against the stated personal ethics of a leader in the Democratic Party.  You know … the same one who personally attacked Romney over his purported inability to get Osama bin Laden:

[video]

On Sept. 17, 2006, Obama spoke at Democratic Sen. Tom Harkin’s annual steak fry in Indianola, Iowa.

“And let me tell you something else I’ve had enough of: I’ve had enough of using terrorism as a wedge issue in our politics,” Obama told the crowd. “I’ve had enough of that. I’ve had enough of that. You know, I – I don’t know about you, but I think the war against terrorism isn’t supposed to crop up between September and November of even numbered years, and yet that seems to be the pattern. There is a sudden burst of activity, a sudden urgency about this whole thing three months before an election every other year.”

Yeah, I know what you mean, Mr. President — kind of like the way you invited NBC News into the White House Situation Room last week, the first time that’s ever been done, as a way to spike the football one more time on the OBL mission.  Odd how that happened in an even-numbered year, isn’t it?

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Offline Eupher

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Re: Obamateurism of the Day -- from HotAir
« Reply #32 on: May 08, 2012, 01:11:44 PM »
Oops! President Barack Obama forgot about the First Lady when leaving Air Force One today at the Ohio airport before his first “official” campaign event today kicking off his re-election bid. Now this is a “War on Women.”

[15-second video at link]

Jim Hoft and one of his commenters say that Saturday Night Live won’t be lampooning this any time soon, which isn’t exactly a surprise in this election season (and the fact that their own season is almost over anyway).  Had George W. Bush done this, they might have used it in a summer special to emphasize his supposed lack of intelligence, however, which is one reason why it’s worth including here.

http://hotair.com/archives/2012/05/08/obamateurism-of-the-day-736/
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Offline thundley4

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Re: Obamateurism of the Day -- from HotAir
« Reply #33 on: May 08, 2012, 02:57:38 PM »
Oops! President Barack Obama forgot about the First Lady when leaving Air Force One today at the Ohio airport before his first “official” campaign event today kicking off his re-election bid. Now this is a “War on Women.”

[15-second video at link]

Jim Hoft and one of his commenters say that Saturday Night Live won’t be lampooning this any time soon, which isn’t exactly a surprise in this election season (and the fact that their own season is almost over anyway).  Had George W. Bush done this, they might have used it in a summer special to emphasize his supposed lack of intelligence, however, which is one reason why it’s worth including here.

http://hotair.com/archives/2012/05/08/obamateurism-of-the-day-736/

I'll bet he paid for that one.

Offline obumazombie

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Re: Obamateurism of the Day -- from HotAir
« Reply #34 on: May 08, 2012, 06:26:07 PM »
Almost forgot my wookieyeti.
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Offline Eupher

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Re: Obamateurism of the Day -- from HotAir
« Reply #35 on: May 10, 2012, 11:48:14 AM »
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Offline Eupher

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Re: Obamateurism of the Day -- from HotAir
« Reply #36 on: May 15, 2012, 12:00:43 PM »
In 2008, a video taken by a cell phone at a San Francisco fundraiser cost Barack Obama the Pennsylvania primary when it caught the candidate claiming that rural voters bitterly cling to guns and religion in tough times, as well as their xenophobia, as an explanation of why he wasn’t polling well in the Keystone State.  One might think that Obama would have learned to stop saying foolishly arrogant comments about voters.  Instead, he’s just learned to confiscate cell phones at fundraising events:

Quote
In the latest attempt to crack down on potentially embarrassing digital leaks from presidential fundraisers, President Barack Obama’s campaign has begun asking donors attending small fundraisers with the president to turn over their cell phones before entering.

Pool reporter David Nakamura of the Washington Post reported that at a $35,800 a head fundraiser at the home of Blackstone COO Hamilton “Tony” James in New York City Monday night, the 60 attendees were asked to place their phones in plastic bags by the door.

An Obama aide called the move it “standard operating procedure,” but veterans of a range of other campaigns said they’d never heard of the practice, which is common in secure White House spaces where there are concerns of espionage, but unknown in contexts in which only political secrets are discussed. The new prevalence of sophisticated audio and recording capacities in mobile devices owned by virtually anyone wealthy enough to write a check to a political campaign, however, has put a new pressure on campaigns concerned with staying on a public message.
That is SOP in Congress, where visitors have to surrender cell phones and other recording equipment before being seated in the gallery, but … the proceedings are broadcast on C-SPAN anyway.  Other campaigns ask attendees not to record the proceedings at intimate fundraisers, but according to campaign pros contacted by BuzzFeed, no one has ever heard of a campaign confiscating cell phones.  A former Hillary Clinton aide called it “absurd,” while Rick Perry’s campaign manager gets to the heart of it:

Quote
Former aides to presidential candidates Hillary Clinton, Rick Perry, and Jon Huntsman all expressed surprise at the practice, and they’ve never seen an instance where a campaign asked donors to surrender their cell phones. …

“What is he hiding? Candidates should be for and against the same issue in private as they are in public,” said former Perry campaign manager Rob Johnson. “This shows just how uncomfortable the Obama team is with their message an their candidate. And in addition to religion and guns, voters like to cling to their cell phones.”

What is he hiding?  His next bout of foot-in-mouth disease, of course.  Obama and his team must be pretty sure that they can’t trust the President to talk extemporaneously if they’re this concerned about hiding Obama’s responses.  After more than three years of writing this feature, I can’t say that I blame them, either … even if it means getting less material in the next five months.
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Offline obumazombie

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Re: Obamateurism of the Day -- from HotAir
« Reply #37 on: May 15, 2012, 12:04:30 PM »
One small step for owebuma, Another giant Orwellian stride.
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Offline JohnnyReb

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Re: Obamateurism of the Day -- from HotAir
« Reply #38 on: May 15, 2012, 01:22:01 PM »
they can’t trust the President to talk extemporaneously

There's got to be a dog and distemper shot joke in there somewhere but I can't find it?
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Offline Eupher

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Re: Obamateurism of the Day -- from HotAir
« Reply #39 on: May 17, 2012, 11:44:48 AM »
The only thing missing here was TOTUS:

[video goodness at the link]

Well, at least it makes Obama’s half-full gig at The Ohio State University look like his Inauguration Day crowd. The worst part about this campaign appearance? One of the two homeowners standing behind Obama may not even vote for him:

Quote
As leader of the free world President Obama will be used to making speeches to millions of people around the globe.

So he might have felt the occasion was a little beneath him yesterday when he stopped off in Reno, Nevada, to deliver an address outside a couple’s garage.

In what could be a disastrous photo opportunity for the President’s campaign, Mr Obama spoke to a handful of people in the crucial swing state.

The president’s 15 minute address outside the home of Paul and Val Keller on Friday afternoon, drew a small audience of neighbours and supporters – though even his hosts said they were not sure if they would vote for him in the coming election.
Who chose these non-supporters for this photo op? Did they win the Obama-campaign lottery?

Ace points out another mistake made in choosing this venue:

Quote
Who’s going to see this as “connecting with ordinary Americans?” And is that even a good objective. He looks “small”, and looking small doesn’t really help him right now. He’s got all the advantages of an incumbent president. Power. Bully pulpit. Air Force One. The lapdog media.

So standing behind a teensy podium, with a Presidential Seal smaller than the headlights on that Jeep behind him, it just seems to diminish him.

He’s doing it to himself, actually.

http://hotair.com/archives/2012/05/17/obamateurism-of-the-day-743/
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Offline Chris_

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Re: Obamateurism of the Day -- from HotAir
« Reply #40 on: May 17, 2012, 11:52:02 AM »
World's smallest Presidential seal for the world's smallest President.

This guy can't go anywhere without a podium. 
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Offline Eupher

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Re: Obamateurism of the Day -- from HotAir
« Reply #41 on: May 17, 2012, 12:23:55 PM »
World's smallest Presidential seal for the world's smallest President.

This guy can't go anywhere without a podium. 

Probably no podium on the golf course. But that would be about it.
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Offline Eupher

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Re: Obamateurism of the Day -- from HotAir
« Reply #42 on: May 18, 2012, 10:48:55 AM »
When a candidate wants to hammer a message, he takes every opportunity he can to do so, and let nothing stand in his way.  Barack Obama, however, takes it to a whole new level.  Deciding in February that he needed to keep hammering on the supposed Republican “war on women” after pushing his HHS contraception/sterilization/abortifacient mandate onto employers and schools, Obama requested the commencement-speaker slot at all-female Barnard College this past Monday:

Quote
After the presidential campaign has been focusing on female reproductive rights and other women’s issues, President Barack Obama is coming to the city Monday to deliver the commencement address at all-female Barnard College and attend two high-profile fundraisers.

Arriving in the city late Monday morning, the president is slated to deliver the commencement address before 600 Barnard graduates at 1 p.m.

NY1 will carry the president’s commencement address live from Barnard College, starting at about 1 p.m. Monday.

Obama called Barnard President Debora Spar on February 29 and requested to speak at the commencement.

Good move, right?  After all, nothing says which side of the war on women like, er … kicking a prominent woman out of the same speaking slot:

Quote
The original scheduled speaker, New York Times Executive Editor Jill Abramson, agreed to step aside to allow the president to headline the event.

Respect! Good thing that Obama replaced Ms. Abramson, because otherwise the graduates at Barnard might never have gotten a woman’s perspective on the world.

http://hotair.com/archives/2012/05/18/obamateurism-of-the-day-744/
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Offline NHSparky

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Re: Obamateurism of the Day -- from HotAir
« Reply #43 on: May 18, 2012, 11:09:48 AM »
Probably no podium on the golf course. But that would be about it.

He could use his golf bag provided they put a Presidential Seal on it.
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Offline Eupher

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Re: Obamateurism of the Day -- from HotAir
« Reply #44 on: May 21, 2012, 11:52:11 AM »
As a general in the War on Women, Barack Obama might be best compared to one who inadvertently fires on his own positions.  Team Obama has tried to exploit the usual gender gap in national elections by claiming to fight on behalf of women.  Earlier this month the campaign rolled out the creepy “Life of Julia” campaign, and President Obama himself launched the same attacks at a recent commencement speech at all-female Barnard College.  How effective has Obama been at this war?  Former CNN and NBC anchor Campbell Brown wants Obama to surrender immediately, as she writes in yesterday’s New York Times:

Quote
WHEN I listen to President Obama speak to and about women, he sometimes sounds too paternalistic for my taste. In numerous appearances over the years — most recently at the Barnard graduation — he has made reference to how women are smarter than men. It’s all so tired, the kind of fake praise showered upon those one views as easy to impress. As I listen, I am always bracing for the old go-to cliché: “Behind every great man is a great woman.”

Some women are smarter than men and some aren’t. But to suggest to women that they deserve dominance instead of equality is at best a cheap applause line.

Brown who supports Obama’s position on abortion, scoffs at the idea that contraception is a driving issue in the 2012 elections:

Quote
The struggling women in my life all laughed when I asked them if contraception or abortion rights would be a major factor in their decision about this election. For them, and for most other women, the economy overwhelms everything else.

As for “Julia,” well, let’s just say that Brown sees government dominance as a bad trade for male dominance:

Quote
The women I know who are struggling in this economy couldn’t be further from the fictional character of Julia, presented in Mr. Obama’s Web ad, “The Life of Julia,” a silly and embarrassing caricature based on the assumption that women look to government at every meaningful phase of their lives for help.

Brown’s husband is doing some consulting work for Romney, but Brown says she remains independent in this race.  She does, however, have some advice for Obama.  If the President wants to win womens’ votes, maybe he should quit treating them like dependent idiots:

Quote
I have always admired President Obama and I agree with him on some issues, like abortion rights. But the promise of his campaign four years ago has given way to something else — a failure to connect with tens of millions of Americans, many of them women, who feel economic opportunity is gone and are losing hope. In an effort to win them back, Mr. Obama is trying too hard. He’s employing a tone that can come across as grating and even condescending. He really ought to drop it. Most women don’t want to be patted on the head or treated as wards of the state.

I wrote about the Left’s inability to connect in my column last week for The Fiscal Times.  Looks like we’re achieving consensus.

http://hotair.com/archives/2012/05/21/obamateurism-of-the-day-745/
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Offline Eupher

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Re: Obamateurism of the Day -- from HotAir
« Reply #45 on: May 22, 2012, 01:39:43 PM »
How does the private sector create jobs? Any first-year econ student could explain it: businesses make profit on products and/or services, and add jobs as they maximize profits (in other words, reach a high level of productivity) but have the opportunity/need to expand sales.  Without maximized profit, there is no pressure to expand, and therefore no job creation; otherwise, businesses improve profit performance through efficiency … which maximizes profits in the end.   John Hinderaker knows this, and he’s a lawyer, not a first-year econ student, but apparently another lawyer named Barack Obama hasn’t quite figured that out yet.  In his press conference yesterday, Obama blamed Bain for wanting to maximize profits, as opposed to, er … every other business in the real world:

[video of Barry flapping his jaws at the link]

Quote
Well, first of all, I think Cory Booker is an outstanding mayor. He is doing great work in Newark and obviously helping to turn that city around. And I think it’s important to recognize that this issue is not a “distraction.” This is part of the debate that we’re going to be having in this election campaign about how do we create an economy where everybody from top to bottom, folks on Wall Street and folks on Main Street, have a shot at success and if they’re working hard and they’re acting responsibly, that they’re able to live out the American Dream.

Now, I think my view of private equity is that it is set up to maximize profits. And that’s a healthy part of the free market. That’s part of the role of a lot of business people. That’s not unique to private equity. And as I think my representatives have said repeatedly, and I will say today, I think there are folks who do good work in that area. And there are times where they identify the capacity for the economy to create new jobs or new industries, but understand that their priority is to maximize profits. And that’s not always going to be good for communities or businesses or workers.

And the reason this is relevant to the campaign is because my opponent, Governor Romney, his main calling card for why he thinks he should be President is his business expertise. He is not going out there touting his experience in Massachusetts. He is saying, I’m a business guy and I know how to fix it, and this is his business.

And when you’re President, as opposed to the head of a private equity firm, then your job is not simply to maximize profits. Your job is to figure out how everybody in the country has a fair shot. Your job is to think about those workers who got laid off and how are we paying for their retraining. Your job is to think about how those communities can start creating new clusters so that they can attract new businesses. Your job as President is to think about how do we set up a equitable tax system so that everybody is paying their fair share that allows us then to invest in science and technology and infrastructure, all of which are going to help us grow.

And so, if your main argument for how to grow the economy is I knew how to make a lot of money for investors, then you’re missing what this job is about. It doesn’t mean you weren’t good at private equity, but that’s not what my job is as President. My job is to take into account everybody, not just some. My job is to make sure that the country is growing not just now, but 10 years from now and 20 years from now.

So to repeat, this is not a distraction. This is what this campaign is going to be about — is what is a strategy for us to move this country forward in a way where everybody can succeed? And that means I’ve got to think about those workers in that video just as much as I’m thinking about folks who have been much more successful.

If you don’t know the role of profit and productivity in the cycle of job creation, it means you need to think a little more about the economy before declaring that you know more than those who have mastered that cycle, Mr. President.  Here’s a hint: “Paying your fair share” to the government doesn’t have a lot to do with it.

John puts it succinctly:

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Obama displays his trademark incoherence as he tries to explain why Bain Capital is central to the campaign. Asked a multi-part question that included his views on private capital, he starts to say that the distinctive feature of private capital is that the people who run such firms are focused on making a profit. Then you can see the wheels turning as he realizes that what he just said didn’t make any sense, since it didn’t distinguish private capital from any other business. So he backs up and starts over, explaining that as president, he has to think about more than just making a profit; rather he has to think about all Americans’ well-being. That is true enough, of course, as far as it goes. But right now the form of well-being that Americans are most concerned about is a better job market. Businesses grow when they are profitable, and they hire employees when they grow. Obama reveals himself as just another in a long line of liberals who claim they want more and better jobs, but can’t bring themselves to endorse the profits that alone make jobs possible.

In other words, Obama’s the latest in the long line of incoherent public-sector officials who think they know better how to create jobs than people who do it for a living.

http://hotair.com/archives/2012/05/22/obamateurism-of-the-day-746/
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Offline NHSparky

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Re: Obamateurism of the Day -- from HotAir
« Reply #46 on: May 22, 2012, 01:45:42 PM »
My God, someone needs to nail his eyes to the teleprompter and tell him to never try to think again if he wants to have any hope of being reelected.
“Any man who thinks he can be happy and prosperous by letting the government take care of him better take a closer look at the American Indian.”  -Henry Ford

Offline Eupher

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Re: Obamateurism of the Day -- from HotAir
« Reply #47 on: May 24, 2012, 10:44:03 AM »
Allahpundit already started off the fun with Barack Obama’s newest White House website, Money As You Grow, which dispenses sage advice … most of which Obama himself ignores when handling our money.  AP took two of the better entries in the series in his post last night, but there are plenty more to ridicule within this gold mine of sanctimonious hypocrisy.

For today, let’s take a look at the very last piece of advice offered by the Obama administration to young adults.  No, it’s not where to find free condoms (in the cash register till, dummy), but on how to avoid bad investments:

Quote
Always consider two factors before investing: the risks and the annual expenses.

Great advice!  Too bad Obama didn’t take this advice before blowing more than a half-billion dollars on Solyndra.  It’d be almost impossible for me to quote all of the posts we’ve written about Solyndra and the Obama White House’s insistence on subsidizing it despite warnings that it was a bad risk and couldn’t sell its products at a profit, but let’s just go to this one from October of last year, quoting e-mails that floated to the surface when the House Oversight Committee began to lean hard on the Obama administration:

Quote
The new documents show a private investor in Solyndra questioning why the federal government, back in September 2009, agreed to put up so much money — $535 million — to help the company expand given the questions about its financial future.

“One of our solar companies with revenues of less than $100 million (and not yet profitable) received a government loan of $580 million,” the investor, Brad Jones, an executive at Redpoint Ventures, wrote in December 2009 to Lawrence H. Summers, then the president’s chief economic advisor, referring to Solyndra. “While that is good for us, I can’t imagine it’s a good way for the government to use taxpayer money.”…

“The allocation of spending to clean energy is haphazard; the government is just not well equipped to decide which companies should get the money and how much,” Mr. Jones wrote…

“I relate well to your view that gov is a crappy vc,” Mr. Summers wrote, using a shorthand for venture capitalist. “But suppose we think there are all kinds of externalities to renewable investments,” Mr. Summers continued. “What should we do?”

I’d say the best advice to give any young investor is to ignore any advice on investing that comes from the Obama administration, at least if you’re playing with your own money.

We may have to come back to this website a time or two more.

http://hotair.com/archives/2012/05/24/obamateurism-of-the-day-748/
« Last Edit: May 24, 2012, 10:46:09 AM by Eupher »
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Offline Eupher

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Re: Obamateurism of the Day -- from HotAir
« Reply #48 on: May 25, 2012, 05:29:46 PM »
Here’s a riddle: what do you call several years in college, a couple of years as a community organizer, and almost an entire career as a Chicago machine politician? If you’re Barack Obama, you call it … “the real world“.  And you call it that while appearing at a $40,000-a-couple fundraiser, too:

Quote
President Barack Obama, who has spent almost all of his career and adult life in academia, law firms, and government, begins his criticism of Mitt Romney by declaring, “those of us who have spent time in the real world . . .”

It would probably be rude of me to think about Michelle Obama’s work, where her salary jumped from $121,910 to $316,962 per year after her husband became a U.S. senator, a job that was strangely left unfilled after she stepped down to focus on her husband’s campaign.

In the real world, a family of four could eat for a year on what the two donors spent in one night.  In fact, many families of four live on that or less in the US per year.

David Harsanyi tells Obama to get real:

Quote
Of course, because those of us who’ve spent time there know that after two years of part-time work in your preferred profession you can become CEO of the entire company.

Those of us who’ve spent time in the real world know that you can become CEO without even showing anyone your CV.

Those of us who’ve spent time in the real world know that if your business fails government will send you a check to stay afloat.

Those of us who’ve spent time in the real world know that if you want to grow your business you have to max out every credit card you can get your hands on – and after that, we hit the kids’ college funds.

Those of us who’ve spent time in the real world know that if you want your business to expand and create jobs you simply blame millionaires for their success.

The ivory towers of Harvard, Capitol Hill, and the White House are not “the real world,” and neither are pricey fundraisers that cost more than some people’s houses.

http://hotair.com/archives/2012/05/25/obamateurism-of-the-day-749/
Adams E2 Euphonium, built in 2017
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Offline JohnnyReb

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Re: Obamateurism of the Day -- from HotAir
« Reply #49 on: May 29, 2012, 12:59:04 PM »
The only real world experience Obama has is smoking pot with the car windows up.
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