Posted on 12/16/2009 10:14:01 AM PST by John David Powell
Barack Obamas steady decline in the polls this week may mean the American people are tired of the presidents divisive campaign rhetoric after nearly a year into his administration. The Rasmussen Reports daily tracking poll shows 53 percent of Americans disapprove of his performance in office.
With an economy shaking, unemployment rising, and two wars draining our nations human and financial resources, Mr. Obama prefers to use the divisive language of the campaign trail in hopes of gaining public and political support for economic policies rather than to provide the leadership his supporters sorely hoped he possessed. He demonstrated this us-versus-them style during his interview on CBSs 60 Minutes this past Sunday when he used the term fat cats to describe banking executives in line for rather substantial, and contractual, year-end bonuses.
As a victim of the tanking economy, one would think I would be the first to shake my fist at anothers paycheck and bonus. I worked for the last ten years for a state university system, the last two years assigned to a division that receives the bulk of its funding from investments. University administrators instituted a series of reductions in force that eliminated my position, which effectively put me on the streets at the start of the Christmas season with salary and benefits to expire in a few weeks. Administrators cited my salary as the reason for their decision. My experience, institutional memory, and contributions to the university had no value to the administration.
Ken Feinberg is the Obama Administrations special master for executive compensation. He distributed $200 million to Vietnam vets suffering from Agent Orange, and most recently he administered the September 11 Victim Compensation Fund by putting a price tag on the lives of those who died.
Dollars are a surrogate for worth, he told Time Magazine. When you start talking about dollars, what people hear is a ruling on their overall integrity and value to society. It gets difficult. Indeed, especially if value to society is a key factor in compensation calculations.
The people who collect your trash every week dont make enough money to take European vacations, but their value to society rises rather rapidly when they dont pick up the trash for several weeks.
How much value do you give a person who operates on your heart or cuts into your brain? Just before you go under the knife, ask if your surgeon makes $40 million an hour. That was the pay rate for Floyd Mayweather, Jr. in his welterweight title defense two years ago. His take was $20 million for a 10-round fight.
Tiger Woods, whose value to society is free-falling these days, made $110 million just from selling his name last year. And Ricky Gervais, creator of The Office franchise, gets $50,000 every time the U.S. version of the show airs.
Mack Brown, head coach of the University of Texas football team, will get $5 million next year. Someone asked me if that were fair. He should be paid what the market allows, I answered. The UT football program is one of the few in the nation that pays for itself. It provides incalculable public relations and marketing for which UT doesnt shell out a dime. In fact, UT gets paid every time theyre on television. And whats the value of three hours of national television exposure?
Thanks to changes in federal compensation guidelines, approved by Congress, the number of federal employees earning more than $100,000 annually, increased from 14 percent to 19 percent during the first 18 months of the recession, according to a USA Today study of the federal salary data base. And thats before overtime and bonuses (by the way, Ive never figured out why public employees get bonuses for doing the publics work).
And speaking of bonuses, the president forgot his Wall Street executives kept their bonuses when they joined the administration in January. The Wall Street Journal reported in March that the White House merely encouraged them to review their compensation packages. A Citigroup executive took his bonus, but donated it to charity and, one assumes, wrote off the contribution.
Watching the president Sunday brought to mind Winston Churchill as he prepared his country for the possible German invasion of the island after the fall of France. The massacre on both sides would have been grim and great, he noted in his memoirs. I intended to use the slogan, You can always take one with you, he wrote. He realized, though, the British people needed strong, positive rhetoric, and leadership, and not cheap slogans and weak performances from His Majestys government.
Barack Obama is not a Winston Churchill, but current and coming battles demand more than empty and divisive rhetoric from the chief executive.
John David Powell is an award-winning columnist and writer. His email is johndavidpowell@yahoo.com.
Bad news for Obama, “You are president almost a year with huge majority. Forget Rush, Cheney, FNC , insurance companies, Chamber of Commerce, bankers, CEOs, .....”
It’s your mess now!
Obama rode the gravy train to the White House by finger-pointing and falsely claiming that America’s international reputation required fixing and that he was the only person that could do that. So, one year into his administration and he’s shown that his primary skill is .... finger-pointing and fumbling foreign policy. He strikes me as a person more comfortable nitpicking people in charge rather than actually being in charge.
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