Posted by: Rick | Tuesday, March 15, 2011

Obama’s Three Stooges

Let’s hope Barack Obama is smarter than these guys:

Treasury Secretary Timothy Geithner, National Economic Council Director Gene Sperling and Sperling’s deputy, Jason Furman — leading figures in the president’s economic team — are pressing Obama to cut Social Security benefits if necessary, say sources familiar with their positions. 

This is madness.  The only way to fix Social Security is to raise the cap on payroll taxes, and Republicans will never agree to that.  Social Security is the most successful program in American history — which is precisely why Republicans want to make people hate it.  Then they can say to voters, “We told you your government couldn’t do anything right.  Now are you ready for our wicked cool privatization plan?” — at which point Wall Street will have a group orgasm.

Washington is full of Democrats who are part-time Republicans.  Sometimes I’m afraid the president is one of them.

Addendum — Here’s the most ridiculous sentence I’ve read this year:

Speaker John Boehner (R-Ohio) has assured Obama that House Republican leaders would support him if he sought to reform entitlements and would not exploit them for political gain in the 2012 election. 

Yeah.  Right.



  1. Budget: Act III, Scene II

    With apologies to William Shakespeare, author of Julius Caesar

    Friends, Members, Senators, lend me your ears;
    I come to praise Obama, not harm him.
    The deficits men leave live on for years,
    The life of surpluses is very slim;
    So it is with Barack too. The noble Reid
    Hath told you that Barack’s a budget hawk:
    If it were so, we should in truth pay heed,
    And frequently we all have heard that talk.
    Here, under leave of Harry and the rest –
    For Harry is an honorable man;
    So are they all, as I can sure attest –
    Come I to ask for a new master plan.
    Obama gave us all Obamacare,
    But Harry said he is a budget hawk;
    And Harry is a gentleman foursquare.
    And have we not all heard Barack’s sweet-talk?
    Did he not say that we should spread the wealth?
    Does this Obama seem to penny-pinch?
    When everyone receives free care for health?
    I think the fists of thrift should have more clinch.
    Yet Harry calls him parsimonious.
    And Harry is a truthful man for sure.
    Obama signed the stimulus excess,
    With payoffs for his unions to secure,
    With other organizers: Minginess?
    Yet Harry sees only a budget hawk.
    And Harry’s honor seeps with all largesse.
    I speak not to engage in just small talk,
    But here I am to speak what I do know.
    You all did love Barack, not without cause:
    But now is time to deficits forgo.
    O spending! Thou art fled to blind applause,
    And men have lost their reason! Bear with me;
    My heart is in decline much like our land,
    And I must pause till it come back to me.


%d bloggers like this: