Posts in "Barack Obama"

Wes Messamore's picture
By Wesley Messamore at 7:39PM

State of the Union: Ten Economic Graphs That Should Scare The Hell Out Of You

Crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought. ~ MIT economist Rudiger Dornbusch

At President Obama’s State of the Union Address this year, which was heavy on recycled platitudes and light on substance, the president did more to prepare for the upcoming general election than actually give a genuine assessment of the state of the union, but that’s pretty par for the course. A sincere state of the union by the President of the United States may be more than most Americans are ready for yet – the horror of listening to the president describe the true economic realities we face might be more than many people could handle. I hope I’m wrong and most Americans would welcome an honest word from a major politician as a breath of fresh air.

What would a sincere state of the union address look like? The president could just show us graphs of economic data and leave it at that. It would be the most radical truth-telling we have heard from the White House in a long time. If you really want to know the state of union and you have the stomach for it, here are ten economic graphs that show just how precarious the state of the union really is and just how long our current economic troubles are likely to last:

1. Graph of the world’s reserve currencies and the duration of their reserve currency status since 1400 C.E.

world reserve currency

Are you seeing this? When I saw this on ZeroHedge earlier this month, I decided instantly that this graph should be everywhere. Nothing lasts forever and this graph eloquently and poignantly demonstrates that world reserve currency status is no exception.  


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aheram's picture
By Jayel Aheram at 11:18AM

The End of the Afghanistan War?

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Reuters has an exclusive about the Obama administration's efforts in Afghanistan:

After 10 months of secret dialogue with Afghanistan's Taliban insurgents, senior U.S. officials say the talks have reached a critical juncture and they will soon know whether a breakthrough is possible, leading to peace talks whose ultimate goal is to end the Afghan war.

[...]

It has asked representatives of the Taliban to match that confidence-building measure with some of their own. Those could include a denunciation of international terrorism and a public willingness to enter formal political talks with the government headed by Afghan President Hamid Karzai.

If these diplomatic efforts prove to be fruitful, it would go a long way in ushering the end of the United States' longest war.


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Bonnie Kristian's picture
By Bonnie Kristian at 3:18PM

5 Reasons to Oppose the NDAA

New from yours truly at Campaign for Liberty:

Suppose you were a humanitarian relief worker.  You spend your time at home and abroad bringing food aid to those whose lives have been devastated by disaster.  You feel like you’re devoting your life to a good cause and truly helping your fellow man. 

Then the U.S. government sends you to jail, without a charge or trial, forever.

When the War on Terror is over, you’re told, you might have a sporting chance of getting out.  Because the War on Terror is totally going to end any day now, right?  Dream big, detainees!

If that doesn’t strike you as a good scenario, your instincts are correct.  It is, however, a conceivable situation if the National Defense Authorization Act (NDAA, or S.1867) is signed into law.  Under the bill’s Section 1031*, the federal government will claim the authority to indefinitely detain anyone, anywhere, if it deems them a threat in the fight against terror.  Indeed, the NDAA “designates the world as the battlefield, including the homeland,” as Senator Lindsey Graham, as strong supporter of the measure, has put it.  And the qualifications for being a terrorist threat are vague—so vague, in fact, that a “relief worker could end up in indefinite military detention without charge or trial for giving food or medical assistance to someone who turns out to have been a Taliban member or supporter.”

To say this is a scary bill is to utter a massive understatement, and it’s no wonder that civil libertarians of all political persuasions have been up in arms as the NDAA passed the Senate with a whopping 93 percent approval rating from our “representatives.”

Keep reading for 5 reasons to join the fight against the NDAA if you haven't already.  This piece is also posted on my website here.

aheram's picture
By Jayel Aheram at 12:34PM

Once Again, What 'Post-War' Period?

When it was announced that the United States will be withdrawing from Iraq by the end of Dec. 31, commentators began propagating the disgusting meme that this is the beginning of a “post-war” period for both Americans and Iraqis.

In response, I asked “What ‘post-war’ period?”

This “post-war period” is a disgusting meme that will gain traction after Dec. 31 when the United States will withdraw its combat troops from Iraq (and leave behind thousands of private military thugs to continue the violence there). It must be noted that these departing American troops will not enjoy a “post-war period.” They will be redeployed into new theaters of combat to die in any one of our dozens of senseless wars in Afghanistan, Uganda, or the Philippines.

Not to mention Iraq itself, which will experience years of violence regardless of American presence. The bombings, the checkpoints, the sectarian strife, all of these will continue after “withdrawal.” There will be no “post-war period” for Iraqis.

That the end of Iraq War will bring about a “post-war period” is a nice fantasy, but it is an outright lie.

And about it gaining traction? A quick scan of headlines after the withdrawal announcement reveal that this meme is now the standard corporate media narrative.


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aheram's picture
By Jayel Aheram at 1:30PM

The U.S.-Backed Crackdown in Bahrain

The heroic John Glaser, assistant editor at Antiwar.com, blogs about Foreign Policy's interview of Nabeel Rajab where the Bahraini activist has this to say about the U.S.-supported repression in Bahrain:

The military has taken part in suppressing the protests. They have killed people, they have tortured people, they have arrested people, they have detained people. They have established checkpoints and humiliated people at checkpoints, raided houses, robbed houses, demolished mosques. They have taken part in every crime committed in the past months.

[…]

They attacked me, 25 masked men kidnapped me from my home last March. They blindfolded me, handcuffed me, beat me, then took me back home. This has happened a few times. My house is targeted, my mother’s house is targeted, all because of my work. But I am better off than the others, because I am free and not dead, because there are people who have been killed and who are behind bars now.

President Barack Obama has repeatedly sided with the brutal Al Khalifa regime there; a stark contrast to the rhetoric normally associated with the administration’s support of the various Arab Spring uprisings.

Why the contrast? Something to do with the U.S. Navy’s Fifth Fleet, perhaps?

John Glaser also talked to Scott Horton of Antiwar Radio about new developments in the Middle East including the U.S.-backed brutal crackdown in Bahrain.

DMorris's picture
By Daniel Morris at 12:47PM

Clearing Up Some Misinformation, Part 1

President Obama gave a speech at Osawatomie High School on December 6, 2011, where he declared freedom and free markets to be dead, unworkable ideas which have been tried and proven to fail.  The President claims that free people making decisions about how to allocate their labor and resources (the free market) is a simple theory that appeals to our rugged individualism, but that it does not work and has never worked:

… there is a certain crowd in Washington who, for the last few decades, have said, let’s respond to this economic challenge with the same old tune. “The market will take care of everything,” they tell us. If we just cut more regulations and cut more taxes -- especially for the wealthy -- our economy will grow stronger. Sure, they say, there will be winners and losers. But if the winners do really well, then jobs and prosperity will eventually trickle down to everybody else. And, they argue, even if prosperity doesn’t trickle down, well, that’s the price of liberty.

Now, it’s a simple theory. And we have to admit, it’s one that speaks to our rugged individualism and our healthy skepticism of too much government. That’s in America’s DNA. And that theory fits well on a bumper sticker.  But here’s the problem: It doesn’t work. It has never worked. It didn’t work when it was tried in the decade before the Great Depression. It’s not what led to the incredible postwar booms of the ‘50s and ‘60s. And it didn’t work when we tried it during the last decade.  I mean, understand, it’s not as if we haven’t tried this theory.

With all the misinformation contained in these two paragraphs, I am not sure where to begin. 


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JohnMcKenna's picture
By John McKenna at 8:43AM

David Axelrod Speaks at Fordham University

Originally posted at The Fordham Gazette, Fordham's newest source of conservative and libertarian news and opinion.

On October 19th, David Axelrod, the former Senior Advisor to President Obama and now head of his 2012 re-election campaign, spoke at Fordham University to a crowd of roughly 200 students in Keating 1st Auditorium at the request of the Fordham College Democrats for Fordham's American Age Lecture Series.

Mr. Axelrod's visit comes at a time when President Obama's approval ratings among young voters (age 18-29) has slipped to an all-time low of 45% in a recent Gallup survey, and his prospects for re-election looking far from assured. Despite these grim statistics, Mr. Axelrod's speech, for the most part, was not overtly partisan.

He opened his speech by singing verses from the school anthems of P.S. 40 and J.S. 104, the two NYC public schools he attended, describing how his first campaign experience was when he was only 10 years old for a local candidate who later won, then attended the University of Chicago, one of the most prominent universities in the country for the study of political science. It was while attending this university that he worked on the Senate campaign of Rep. Paul Simon (D-IL), his first major campaign activity.


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Bonnie Kristian's picture
By Bonnie Kristian at 11:01AM

So what happened with Solyndra?

Here are the details (hint:  If it looks like corruption, and sounds like corruption, and smells like corruption...).

Bonnie Kristian's picture
By Bonnie Kristian at 8:58AM

Protesting Obama’s Speech…On Two Days Notice

Editor's Update:  Here's the video the chapter made about their activism, and the text of the "programs" they handed out is at the bottom of the post:


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From YAL at NC State:

Monday morning September 12 at around 11 AM I was sitting in our campus’ brickyard waiting to head inside to class when I got a notification on my phone. Our chapter president, Brady Nemeth, had posted on our facebook page an article from The Technician, our school newspaper, saying that President Obama would be coming to campus.

When I read the article I realized two things:  The first being that this was purely a campaign speech because Obama was coming to speak in North Carolina, a potential swing state, about the “American Jobs Act” or as we here at NC State YAL decided to call “Stimulus Round 2.”

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The other thing I noticed was the speech was at noon on Wednesday September 14th…exactly two days from that moment. It was a brilliant move by the Obama administration to only give us a two days notice because he could easily rally supporters and students interested in seeing a sitting president while it would be quite difficult for those who oppose his failed policies to organize a counter-demonstration. Well, I’d say we managed to do ok, as you will see.


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Joshua Parrish's picture
By Joshua Parrish at 12:15PM

What Obama Should Really Do to Spur Job Growth

This statement from Mr. Schiff was entered into the Congressional Record on the morning of September, 13 2011 as testimony before the House of Representatives Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending hearing:  “Take Two: The President’s Proposal to Stimulate the Economy and Create Jobs.”