Remember when Barack Obama pooh-poohed Mitt Romney’s claim that Russia was America’s potential adversary? Well, the plant closings and layoffs announced yesterday by GM show that Romney was right again. He wrote that as a result of the bailout given to GM a decade ago, the company’s failure “will be virtually guaranteed” because it would not be forced to undergo radical restructuring to be competitive in the marketplace. By subsidizing GM’s failing business culture, the federal government would be making a sucker bet with taxpayer dollars and forestalling the inevitable.
The Chevy Volt is one of the models being dropped. Barack Obama promised GM workers that he would drive a Volt when he left office. If he hasn’t bought one yet, he’d better hurry. And if he likes his Volt, he can keep it.
The Smithsonian has unveiled the official presidential portrait of Barack Obama—
Sarah Hoyt comments that it shows him “lost in the weeds.”
Da Tech Guy weighs them in the balances and finds that, yes, Barack Obama really wasn’t our worst president.
However while Obama’s failures might have lead to civil war Buchanan’s actually did.
In both cases Obama’s actions and Buchanan’s inaction were consistent with their worldviews. Buchanan’s sympathy to both Slavery and the south and Obama’s dislike of America and embrace of our enemies made any other result unlikely. Obama suffers because in comparison because of the high expectations the people had of him but Buchanan suffers because unlike Obama he actually had years of experience in both the House and Senate as well as being Secretary of state to an ambassador to both Russia and England.
Read the whole thing.
Those of use who said that a Jimmy-Carter-like presidency was a best-case scenario for Barack Obama were right.
The NYT has an article up titled The Most Successful Democrat Since F.D.R. It’s about Barack Obama.
CNBC is reporting that Deutsche Bank is forecasting that Donald Trump’s economic proposals should double the economy’s growth rate by 2018. After the beating that my retirement funds have taken over the past eight years, I’d be pleased to see that. One of the reasons I now plan to work until I’m 75 is the economy’s poor performance over the past decade—and I don’t blame Bush. As the CNBC post notes,
Obama is the first president since Herbert Hoover not to see at least 3 percent growth for a calendar year.
The 20th of January can’t come too soon.
Valerie Jarrett recently said that she was proud that the Obama Administration has been “scandal-free.”
The victims of Operation Fast & Furious were unavailable for comment.
Paul Sperry reports at the NY Post that one of the servers used for Hillary’s private email system was not destroyed but was “repurposed” as a work station. However, FBI agents were not permitted to seize it. It turns out that some of the “lost” emails may be recoverable.
Also, Andrew McCarthy has a piece up at NRO dealing with an email release through Wikileaks that shows that President Obama was lying when he said that he was unaware of Hillary’s private email until he heard about it through news reports. It seems that he was sending her emails using the private address.