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A humorous summation of what is wrong with America and maybe not far from the truth though I believe the problem is deeper: "What's the REAL problem with America today? Conservatives blame the Leftist media for America’s ills. Liberals blame the greedy Right. The 99% blames the 1%. The 1% says, "Don't look at us." Congress makes the rules. Arizonans blame Mexicans. Christians blame Muslims... and gays. But that's all just smoke and mirrors..."
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We already have been experiencing a bull market in stocks. With The Fed providing liquidity the market has been doing what Bernanke hoped low interest rates would produce - a rising market and wealth effect, in turn, leading to more consumption. The latter has not occurred. Perhaps part of the recent market rise is due to the growing possibility that Romney and Ryan will win.(See 1 below.)
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Is Obama Israel's Dandelion President, ie. does he love me , does he not love me? Can he be trusted, can he not be trusted? (See 2 below)
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Col. West chews up the media and spits them out with facts but then facts are irrelevant in the world of Progressives: "
Colonel West eats the press alive- Excellent! ----
And heard it all before and the pigeons keep applauding.
Dick
---------------------------------------------------------------------------------------------------------------------1) BlackBay’s Schoenberger: Romney Win Would Spark Bull Market for Stocks
By Dan Weil
The economy and stock market will fare better if Mitt Romney wins the presidential election, says Todd Schoenberger, managing principal of The BlackBay Group. Presidential contests generally don’t affect the economy, but it’s different this time around, he tells Yahoo. “You look at the current administration, and you have the word uncertainty. It’s driving me crazy — it’s like kicking the can down the road.” Corporations are sitting on more than $1 trillion of cash reserves, unwilling to invest, Schoenberger says. "If you have the GOP that takes over the White House, you're going to have companies that are going to feel a little more secure,” he says. “Therefore you can only assume that money will be put to work. In that case it’s great for stocks."
The first presidential debate, scheduled for Oct. 3, will finally force the candidates to present substantive solutions for our economic woes, Schoenberger says. After then, he sees Romney pulling ahead. “If that’s the case, that’s when you want to go long this market,” he says. “I think the S&P 500 goes through the roof in the first six months of next year with a Romney presidency.” To be sure, if the stock market remains strong, Romney might lose. In 80 percent of the presidential elections since 1900, when the Standard & Poor’s 500 Index rose in the three months prior to Election Day, the incumbent won, according to IQ.
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2)-God, Jerusalem and American foreign policy
Throughout his presidency, Barack Obama and his supporters have been dogged by criticism of his position on Israel. From the very outset of his tenure in office, critics and supporters alike have not been able to shake the sense that Obama is deeply hostile to the Jewish state.
Obama and his supporters have responded to every criticism of his treatment of Israel by pulling out a list. Every time his record on Israel is criticized, Obama and his supporters pull out a list of the things he has done for Israel. Just this week, in an op-ed in The New York Times, Democratic donor Haim Saban pulled out the list to justify his support for Obama.
As the list notes, Obama has given billions of dollars in military assistance to Israel. He has gotten stiff sanctions passed against Iran by the UN Security Council. He has agreed to sell F-35 Joint Strike Fighters to Israel. During his presidency, they say, the US has expanded its intelligence and military coordination with Israel. Obama has opposed some anti-Israel resolutions at the UN.
Obama's critics respond to Obama's list with a series of points. They note that in approving increases in US military assistance to Israel, including for the Iron Dome rocket defense system, Obama is simply carrying out a pledge made by his predecessor George W. Bush. They note that the UN Security Council sanctions have had no impact on Iran's nuclear weapons program.
So, too, Obama opposed even stronger sanctions against Iran passed with the overwhelming support of both houses of Congress.
He had to be forced, kicking and screaming, to sign those sanctions into law. And since he signed the sanctions law, he has used his presidential power to water them down.
Obama's critics mention that due to his insistence on appeasing Iran, last week Iran enjoyed its greatest diplomatic triumph since the 1979 Iranian revolution. More than a hundred nations sent representatives to Tehran to participate in the 16th Non-Aligned Movement Summit. And in the presence of UN Secretary-General Ban Kimoon, those nations expressed support for Iran's nuclear program.
And while it is true that Obama has blocked two anti-Israel initiatives at the UN, he has been more supportive of the inherently anti-American and anti-Israel UN system than any of his recent predecessors.
As for Israeli-US intelligence cooperation, under Obama for the first time, the US has systematically leaked Israel's most closely guarded secrets to the media.
Indeed, critics of Obama's policy towards Israel have their own list. It includes Obama's repeated humiliations of Israel's prime minister. It includes the multiple clashes Obama has initiated with Israel with regards to Israeli sovereignty over Jerusalem. It includes Obama's adoption of the Palestinians' position on Israel's borders.
But still, as Obama and his supporters will say, facts are facts and they have a list. And because the list is true - as far as it goes - they can argue that Obama is supportive of Israel.
Given its superficially compelling argument, it is remarkable that Obama's list has failed to end the debate about his position on Israel. Today Americans have no interest in foreign policy.
They don't want to hear that by leaving Iraq as he did, Obama squandered everything that the US fought for. They don't want to hear that he effectively handed the country over to Iran, which now has the ability to use Iraq as its forward base for operations in Syria, Lebanon and beyond.
They don't want to hear that Obama's surgeand- leave strategy in Afghanistan is fomenting a US defeat in that war and setting the conditions for the reinstitution of the Taliban government.
They don't want to hear about how Russia and China view the US with contempt and challenge its economic and strategic interests every day.
They don't want to hear how Obama played a key role in overthrowing the US's key ally in the Arab world, Hosni Mubarak in Egypt. They don't want to consider the implications of the fact that the US is now bankrolling the Muslim Brotherhood's transformation of Egypt into an anti- American, radical Islamic regime.
And yet, in the face of this absence of interest in the world outside their borders, Americans remain interested in the question of whether or not Obama is supportive of Israel.
There are two reasons for Americans' enduring interest and concern about Israel. And they were both revealed this week at the Democratic National Convention when the story broke about how this year's Democratic platform differs from its 2008 platform. First it was reported that the platform contained no mention of God.
Then it was reported that unlike the 2008 platform, this year's Democratic Party platform made no mention of Jerusalem as Israel's capital.
This year's platform watered down the language on Israel in other significant ways as well.
It did not refer to Israel as the US's "strongest ally" in the Middle East. It did not call for the continued eschewal of the Hamas terror group by the international community. It did not mention US opposition to the Palestinian demand for the so-called "right of return" - through which Israel would be destroyed by an influx of millions of foreign Arabs in the framework of a peace treaty between Israel and the Palestinians. But whereas these other deletions were generally ignored, the platform's silence on Jerusalem generated a maelstrom of criticism that exceeded even its deletion of God.
Significantly, rather than treat the deletions of God and Jerusalem as separate issues, the media and the Democrats themselves presented them as two sides of the same coin. When on Wednesday the party's leadership decided to restore the language of the 2008 platform on God and Jerusalem - but not on Hamas, the so-called "right of return," and Israel's strategic significance to the US - they opted to do so in the same amendment.
The widespread perception of God and Jerusalem as related issues tells us something important about the American character. And it tells us something equally important about Obama and the party he leads.
Prof. Walter Russell Mead described Israel's place in the American mindset last year. As he put it, "Israel matters in American politics like almost no other country on earth. Well beyond the American Jewish and the Protestant fundamentalist communities, the people and the story of Israel stir some of the deepest and most mysterious reaches of the American soul. The idea of Jewish and Israeli exceptionalism is profoundly tied to the idea of American exceptionalism. The belief that God favors and protects Israel is connected to the idea that God favors and protects America."
Mead continued, "Being pro-Israel matters in American mass politics because the public mind believes at a deep level that to be pro-Israel is to be pro-America and pro-faith. Substantial numbers of voters believe that politicians who don't 'get' Israel also don't 'get' America and don't 'get' God."
By removing both God and Jerusalem from the platform, Obama and his fellow Democrats stirred the furies of that American soul at its foundations.
They showed they don't "get" Israel or God. And by extension, they don't "get" America.
The intellectually confusing decision to lump Jerusalem and God together in the same amendment no doubt owed to the fact that someone in the party recognized how disastrous the deletions were for their ability to convince wavering voters that the Democratic Party has their back.
And this brings us to nature of the Democratic Party today. For the amendment to the platform to pass, it needed the support of two-thirds of the convention's delegates. And so, on Wednesday morning, the convention chairman, Los Angeles Mayor Antonio Villaraigosa, brought the amendment to the floor for a voice vote.
Much to his obvious shock, the amendment did not receive the requisite support. Calls supporting the amendment were met by at least equally strong calls opposing it. Villaraigosa was forced to call the vote three times before declaring - contrary to the evidence - that the amendment had passed.
More than anything else, the floor vote showed how out of step a large and significant constituency in the Democratic Party is with the basic character of their country. The spectacle should raise concerns among all supporters of Israel who believe Obama's pro-Israel list is proof they have a safe home today in the Democratic Party.
Jerusalem's conflation with God in the American imagination is not the only reason so many people attacked the platform's watered-down language on US-Israel ties. The second reason for the uproar explains why the issue of Obama's support for Israel is the only foreign policy question that has dogged his administration since he took office. It explains why American support for Israel is a more salient issue for Americans than Iraq or Afghanistan, Britain, Turkey or Russia.
Here, too, Israel's symbolic importance in the American imagination is central for understanding the matter. Beyond its religious significance, there is a widespread perception that Israel is on the front line of the war against America. As a consequence, Israel is the only foreign policy issue that telegraphs messages about the nature of America's foreign policy to an otherwise disengaged and largely indifferent American public.
For most Americans - if not for most Democrats - support for Israel is the most important plank of US foreign policy because it indicates the nature of that foreign policy as a whole. A president who supports Israel is a president who has his priorities straight. A president who is hostile to Israel is a president who can't be trusted on Iran or Russia or China or anything else.
In an apparent effort to end this state of affairs, Obama has adopted a policy towards Iran - whose nuclear program represents the greatest rising threat to US national security - that frames the issue as Israel's problem.
In so doing, Obama seeks to achieve two goals. First, he seeks to decouple Israel's national security from America's national security in the popular imagination. And second, he seeks to diminish popular support for Israel by presenting Israel as a country that is pushing America into an unnecessary war.
Obama's list of pro-Israel actions is essential to his ability to achieve this specific goal, and through its achievement to convince Americans of the overall success of his foreign policy. The list is essential because it transforms Israel in the public mind from a strategic ally into a strategic basket case in need of America's constant assistance.
In line with this, it is telling that the amendment of the Democratic platform did not return the 2008 platform's characterization of Israel as America's "strongest ally" in the Middle East.
But as the outcry the platform changes provoked demonstrated, Obama has failed to achieve this goal. And this is wonderful news.
On the other had, as long as he has supporters willing to publish op-eds and give interviews devoted to repeating the list, Obama will continue to make the case that he can be trusted on foreign policy despite his abandonment of God, Jerusalem and America's most vital interests.
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