Bush policies and the national debt

This chart says it all. The notion that our debt is simply a “spending problem” as claimed by Republicans is ridiculous.

The wildly successful auto industry bailout

Chrysler announced today that it is repaying $7.5 billion to the U.S. government years ahead of schedule. Meanwhile, GM has announced it will hire thousands of new workers in the U.S. after a successful IPO.

The bailout of the U.S. auto industry in 2009 by the Obama administration was very unpopular, but it will go down as one of the shrewdest decisions of President Obama. Letting GM and Chrysler go through a bankruptcy liquidation would have killed thousands of jobs and possibly turned the recession into a depression. Thousands of auto suppliers would have been insolvent immediately, thus creating even more job losses.

Most on the right, including presidential candidates Tim Pawlenty and Mitt Romney, opposed bailing out the auto companies. Mitt Romney even penned an op-ed arguing that we should let Detroit go bankrupt. They look like fools now, and the Democrats just released a preview of how this issue will be highlighted in the 2012 campaign, particularly in the Midwest.

Donald Trump won’t run for president

Businessman and possible Republican Presidential candidate Donald Trump speaks at the Greater Nashua Chamber of Commerce Expo luncheon in Nashua, New Hampshire May 11, 2011. REUTERS/Brian Snyder (UNITED STATES – Tags: POLITICS BUSINESS)

Big news!! What a shocker!!

Naturally, many people thought this was baked into the cake from the beginning. Donald Trump is a publicity whore. We all knew that. What we didn’t know was how stupid he could sound when he opened his mouth about topics other than real estate, reality TV or beauty pageants.

He completely embarrassed himself, probably doing great damage to his brand along the way. He also did some damage to the Republican Party, showing how gullible many GOP voters can be when it comes to topics like the birther issue. We saw how a carnival barker could shoot up in the polls just by running his mouth, and the rest of the field came across as very weak in the process.

Fortunately, Trump was humiliated by President Obama before he made his inevitable announcement that he wasn’t running. Even prospective GOP voters finally saw through his bullshit as his poll numbers plummeted after Obama released his long-form birth certificate and then had Osama bin Laden killed.

Good riddance . . .

Mike Huckabee, Ted Nugent and a bunch of blue-haired ladies

Musician Ted Nugent plays on the field before the start of play between the Dallas Cowboys and the Philadelphia Eagles in their NFL NFC wild card playoff football game in Arlington, Texas January 9, 2010. REUTERS/Mike Stone (UNITED STATES – Tags: SPORT FOOTBALL ENTERTAINMENT)

Mike Huckabee didn’t surprise anyone with his announcement tonight that he wasn’t going to run for president. But he tortured the few people who cared about his announcement and the political reporters who had to watch by waiting until the end of his show to make the announcement. Maybe he’s taking cues from Donald Trump.

Before the announcement, Huckabee had washed-up rocker Ted Nugent plat “Cat Scratch Fever” in front of the lamest audience I’ve ever seen. It looked like they cleared out the nearest nursing home and dragged the poor folks in the listen to old Ted. It didn’t sound that bad, and Huckabee seemed to do fine on the base, but watching Nugent play in front of this audience was just pathetic.

Jokes for Friday . . .

Enjoy the weekend:

“In the wake of the killing of Osama bin Laden President Obama’s approval rating jumped to 56 percent, his highest in two years. Which shows there is literally nothing he can do to please the other 44 percent.”
––Seth Meyers
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“Conspiracy theorists who are claiming that we didn’t really kill bin Laden must be reminded that they didn’t think he did the crime in the first place. Come on, nut jobs, keep your bullshit straight: The towers were brought down in a controlled demolition by George W. Bush to distract attention from Hawaii, where CIA operatives were planting phony birth records so that a Kenyan named Barack Obama could someday rise to power and pretend to take out the guy we pretended took out the towers. And I know that’s true because I just got it in an email from Trump.”
—Bill Maher

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