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Showing posts from November, 2010

A perverse incentive

The political discourse in the US for much of the last two years has been about how the Democratic Party under President Barack Obama, Senate Majority Leader Harry Reid and Speaker Nancy Pelosi have overreached, gone beyond their mandate to enact partisan legislation and abandoned bi-partisan consensus building. But few in the media or among the elite, and aspiring elite have taken time to either understand or explain why a bunch of adults in the opposition party on tax-payer funded salary and benefits would choose to intentionally foil the will of the people as demonstrated in the 2008 election to ensure that their chosen President fails, and that the State fails along side. A party that calculated early on, that ensuring the President does not succeed is far more important than getting the nation out of an economic crises won an election in a landslide – how does that square with voter’s self-interest?

A perverse incentive

The political discourse in the US for much of the last two years has been about how the Democratic Party under President Barack Obama, Senate Majority Leader Harry Reid and Speaker Nancy Pelosi have overreached, gone beyond their mandate to enact partisan legislations and abandoned bi-partisan consensus building. But few in the media or among the elite, and aspiring elite have taken time to either understand or explain why a bunch of adults in the opposition party on tax-payer funded salary and benefits would choose to intentionally foil the will of the people as demonstrated in the 2008 election to ensure that their chosen President fails, and that the State fails along side. A party that calculated early on, that ensuring the President does not succeed is far more important than getting the nation out of an economic crises won an election in a landslide – how does that square with voter’s self-interest?

President Obama's letter to G20 leaders

“As we approach the Seoul Summit, the world is looking to us to work together to strengthen the global economic recovery, continue to repair the financial system, and promote the stability of global markets. “The United States will do its part to restore strong growth, reduce economic imbalances, and calm markets. A strong recovery that creates jobs, income and spending is the most important contribution the United States can make to the global recovery. “The dollar’s strength ultimately rests on the fundamental strength of the U.S. economy. To secure the strong recovery the global economy needs, the United states joined with its G-20 partners to take decisive action to halt the fall in activity caused by the deepest crisis we have experienced in generations. “The United States moved quickly to repair our financial system and to enact the strongest financial reforms since the 1930s. “The United States is committed to an ambitious path of fiscal consolidation, consistent with our G-20 ...

President Obama's letter to G20 leaders

"As we approach the Seoul Summit, the world is looking to us to work together to strengthen the global economic recovery, continue to repair the financial system, and promote the stability of global markets. "The United States will do its part to restore strong growth, reduce economic imbalances, and calm markets. A strong recovery that creates jobs, income and spending is the most important contribution the United States can make to the global recovery.

The Day after a shellacking rout - Democrats search for answers

It was conventional wisdom in the Winter of 2009 that the Republican Party was deeply wounded, and may require several election cycles to redeem itself. By the Fall of 2009, that conventional wisdom has been turned on its head – largely by Democratic incompetence, from the White House down on to the State Houses. The Democrats early on began to distance themselves from the policies they had ran on that gave them the Presidency, the Congress, the Senate and the most number of State Houses in the first place. Right out of the gate, the President was compromising even before having a conversation with those he needed to compromise with. Bipartisanship became the White House mantra – as members of the President’s inner cycle focused on 2012 instead of 2010. But after the 2010 routing, which Mr. Obama self described as a “shellacking”, the road to 2012 just became more difficult, if not mission impossible – At least so says the conventional wisdom. Speaker Nancy Pelosi came down as one of ...

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