Despite my insistence this evening to watch Bizarre Foods with Andrew Zimmern instead of the State of the (Insert some word other than Union here), I broke down and watched it. And tweeted my tail off.
In short, it sounds like the Obama/Biden 2012 campaign is already underway. I found the address to be very downbeat and negative. Yes, we all know times are bad. It's not exactly a shock to anyone anymore.
The "solutions" being provided are Big Government, Keynesian, nanny state ones, designed more to centralize power with the Federal government instead of letting the free market handle the mess. Either way, things will need to hit bottom. The only difference is that when the free market is in control, we will hit boom faster and rebound faster. No one knows where the bottom is with government interference. It could wind up an economic catastrophe, complete with hyperinflation and the US winding up like the Weimar Republic.
If Obama was not the President, his references to "irresponsible homeowners" would have been hilarious considering he blamed everyone in sight but the Democrats who drove the housing scandal to its current horrid state. Those people were given loans because the banks were more or less intimidated into giving them out.
I also caght Bobby Jindal's reply. I agree that the text of the speech was great, it was very precise and it's the message that needs to be sent out. But, I have to go along with the critics that his delivery was bad. As a former speech coach and competitive speaker, I know a delivery like that would have cost me dearly - it was not very animated.
While the substance was there, this society clearly goes for the sizzle, as the last election showed us. Jindal makes a mean steak, but I didn't hear it sizzling.
More on this in the morning. I have to be "up" in an hour.
F.D. for Two Joe Schmoes
Crossposted on Grizzly Groundswell
In short, it sounds like the Obama/Biden 2012 campaign is already underway. I found the address to be very downbeat and negative. Yes, we all know times are bad. It's not exactly a shock to anyone anymore.
The "solutions" being provided are Big Government, Keynesian, nanny state ones, designed more to centralize power with the Federal government instead of letting the free market handle the mess. Either way, things will need to hit bottom. The only difference is that when the free market is in control, we will hit boom faster and rebound faster. No one knows where the bottom is with government interference. It could wind up an economic catastrophe, complete with hyperinflation and the US winding up like the Weimar Republic.
If Obama was not the President, his references to "irresponsible homeowners" would have been hilarious considering he blamed everyone in sight but the Democrats who drove the housing scandal to its current horrid state. Those people were given loans because the banks were more or less intimidated into giving them out.
I also caght Bobby Jindal's reply. I agree that the text of the speech was great, it was very precise and it's the message that needs to be sent out. But, I have to go along with the critics that his delivery was bad. As a former speech coach and competitive speaker, I know a delivery like that would have cost me dearly - it was not very animated.
While the substance was there, this society clearly goes for the sizzle, as the last election showed us. Jindal makes a mean steak, but I didn't hear it sizzling.
More on this in the morning. I have to be "up" in an hour.
F.D. for Two Joe Schmoes
Crossposted on Grizzly Groundswell
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