It’s Obama spreading panic

The Hill ^ | 2/26/09 | Dick Morris

[NorCoGOP]

Ultimately, all recessions and depressions resolve themselves into crises of confidence. The instant, global, 24/7 communications of today make them ever more so. President Obama, in his pursuit of liberal big-government spending, has totally neglected the role of the president of the United States in reversing global panic. To the contrary, his every remark and the constant preoccupation of his Cabinet is to heighten the sense of crisis and to escalate the predictions of doom if we do not do as they tell us and raise spending now and taxes later.

Instead of being a firewall, reassuring Main Street even as Wall Street crashed, he has become a conduit of panic, spreading the mood of desperation from the stock exchange floor to kitchen tables across the world.

There are bad loans, which became bad assets, that lie at the root of the crisis. Through deregulation by the government and the greed of financial institutions, they spread to every portfolio in the world. But these basic facts have metastasized out of all proportion to their real harm into job and financial insecurity for every family on Earth. It is President Obama, not the markets themselves, who has spread this fear. A global Paul Revere, he has not only aroused us, but incited fear and trepidation in his wake.

Previous panics have been global in impact, but local in focus. The world panicked because of developments in Mexico or Argentina or Thailand or South Korea. Now, with Collateralized Debt Obligations spreading the poison of a bunch of bad loans all over the world, infecting every portfolio, the panic is not only global in impact but in focus as well. Modern communications have hastened the spread of the virus of panic throughout the global bloodstream.

In addressing this panic, the president of the United States must truly be the leader of the world — showing the way back to confidence.

Instead, Obama has been instrumental in purveying fear and spreading doubt. It is his pronouncements, reinforced by the developments they kindle and catalyze, that are destroying good businesses, bankrupting responsible people and wiping out even conservative financial institutions. Every time he speaks, he sends the markets down and stocks crashing. He doesn’t seem to realize that the rest of the world takes its cue from him. He forgets that he stands at the epicenter of power, not on the fringes campaigning for office. This ain’t Iowa.

Why does Obama preach gloom and doom? Because he is so anxious to cram through every last spending bill, tax increase on the so-called rich, new government regulation, and expansion of healthcare entitlement that he must preserve the atmosphere of crisis as a political necessity. Only by keeping us in a state of panic can he induce us to vote for trillion-dollar deficits and spending packages that send our national debt soaring.

And then there is the matter of blame. The deeper the mess goes — and the further down his rhetoric drives it — the more imperative it becomes to lay off the blame on Bush. He must perpetually “discover” — to his shock — how deep the crisis that he inherited runs, stoking global fears in the process.

So, having inherited a recession, his words are creating a depression. He entered office amid a disaster and he is transforming it into a catastrophe, all to pass every last bit of government spending and move us a bit further to the left before his political capital dwindles.

But the jig will be up soon. The crash of the stock market in the days since he took power (indeed, from the moment he won the election) can increasingly be attributed to his own failure to lead us in the right direction, his failed policies in addressing the recession and his own spreading of panic and fear. The market collapse makes it evident that it is Obama who is the problem, where he should, instead, be the solution.

[Free America52]

I think the worm is turning. I'm starting to hear pro-Obama networks starting to question some of the decisions. I see Democrats crossing party lines. Obama better watch his back, I don't think he has as many allies as he expected would just roll over for him. The fight is not over, in fact it probably hasn't even started. But us conservatives must be resolute, don't give up and keep up the fight. And if you haven't already, start preparing for the worst. Unfortunately I don't see an easy way out of this, I think it's going to get ugly.

Emergency Supplies and Food

[river rat]

The undeniable facts of an Obama Presidency and the clowns this bozo has placed in his Cabinet, a Congress controlled by the likes of Reid, Pelosi and the Black Congressional Caucus and an emasculated "Republican Party" who is unwilling to call a spade a spade -- SHOULD drive the economy into the toilet of despair.

Who can point to ANYTHING is this scenario to encourage confidence????

Really????? Think about that.

The Obama worshipers are NOT the movers and shakers of our economy.. They do NOT create jobs — the suck up taxes like a sponge and stifle productivity...

[libh8er]

I will take grim pleasure in watching every one of his voters suffer — either through layoffs or foreclosure or what have you. I know I shouldn’t delight in the misery of people, but THEY are responsible for this. It’s change they will certainly believe in.

[Canedawg]

Thanks for that link.

I think it’s going to get ugly, too.

I’ll be at the Tea Party Saturday behind enemy lines in NYC. We’ll see how that goes.

I have not yet begun to fight.

[HowlinglyMind-BendingAbsurdity]

"Why does Obama preach gloom and doom? Because he is so anxious to cram through every last spending bill, tax increase on the so-called rich, new government regulation, and expansion of healthcare entitlement that he must preserve the atmosphere of crisis as a political necessity. Only by keeping us in a state of panic can he induce us to vote for trillion-dollar deficits and spending packages that send our national debt soaring."

It is a tactic but it is also psychological and ideological. Recall his background in Saul Alinky's Marxist street agitation theory. Obama likes to sermonize on negative themes. His statement during the campaign about people in small towns being "bitter" and clinging to guns and religion. The resentment of his speech on race in Philadelphia. His talk about "getting in their face" during the campaign. He enjoys lecturing and talking down to people on divisive ideological issues. It is part of his neurotic personality and character. His whole worldview is shaped by class warfare, racial resentment, and Alinsky's Marxism. It is unlikely he can stop doing this. He enjoys blaming the economic crisis on Bush and tax cuts. This is what Obama is all about a very negative view of America, a downer, a bummer, oozing with self-righteousness and complete denial of any responsibility on his part.

[Lady Jag]

LIES! LIES! LIES!

[Squantos]

http://www.discoverthenetworks.org/printgroupProfile.asp?grpid=6967

Obamas playbook.......

[NorCoGOP]

He enjoys lecturing and talking down to people on divisive ideological issues.

Very true...I heard a sociologist on either Hannity or Hewitt last week talking about this very thing...

It's one thing to "talk down" or lecture while campaigning...it adds an air of credibility to the campaign's "seriousness"...

However, now that he won (hang on...swallowing some bile here....OK)...the people will soon tire of being talked down to.

Presidents' are expected to "lead", not talk down to us.

But he doesn't know any different, so watch the poll numbers go down while he continues to bash this country.

Even those who swallowed the Obama koolaid will start to tire of how bad everything is according to their leader, and start to look for something else. ("Where's the change?")

The stage is set for 2010 and 2012.

[nanetteclaret]

***Only by keeping us in a state of panic***

I for one stubbornly refuse to panic. I intend to be optimistic, cheerful, and confident and I refuse to let these fear-mongers dictate my emotional well-being. As 0’s buddy Bill Ayers used to say, “What if they gave a war and nobody came?” Well, what if they tried to create a panic and nobody did?

I refuse to be manipulated and I hope others will join me in pledging to be calm and cheerful. “Rules for Radicals” won’t work if people refuse to play along!

[dr_who]

Straight from Rahm Emmanuel’s lips.

[x]

Good point. So far as I can tell, it's more about Carter-like ineptitude than any deep, dark ideological plan.

I'm not exactly sure how the lecturing and hectoring fit in. You may be right about it being a Black-White thing, but that's not the only possibility.

But that whole "look at me, the peanut farmer/nuclear physicist/African-American/community organizer who became President" vibe is clear and familiar and chilling.

[HowlinglyMind-BendingAbsurdity]

There is a gloom&doom vibe.

He also seems to enoy back-talking and blaming it all on Bush and tax cuts.

[NorCoGOP]

At first, I thought we were going to witness the third Clinton Presidency, given all his cabinet appointments...

But, you're right...instead...

...we have the second Carter term, which is far, far worse.

Another Freeper put it best: there are two kinds of people in America today, those that remember how bad a President Carter was, and, those who are about to find out.

Ironically, Obama is becoming the president that made Carter look good.

[SunkenCiv]

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[Fu-fu2]

Things are moving very quickly—we can’t hope for something in 2010 or 2012. The changes that are happening now could shut the door.

I felt his tone during the speech Tuesday was, indeed, like that of a college professor talking down to his less wise students. There was also some strange phrasing—I think toward the end, since I wasn’t listening too closely—where he used the plural “we” but was obviously referring to himself. It was something about how he was going to be watching over all that is happening and monitoring it. Like some sort of Wizard of Oz—or worse.

[Anti-Bubba182]

Obama spreads panic so Obama can get power. He cares not a jot about the economy. It is about “fairness” and income redistribution. He wants to make everyone a client who can be a client and screw the rest.

[Ernest_at_the_Beach]

Guess you might be referencing this...FR Thread:

Obama's Cloward-Piven Strategy

[Pan_Yans Wife]

Thank you.

[relictele]

So, having inherited a recession, his words are creating a depression. He entered office amid a disaster and he is transforming it into a catastrophe, all to pass every last bit of government spending and move us a bit further to the left before his political capital dwindles.

I was standing up cheering during this entire powerful column from Mr Morris but this passage captures the scene perfectly.