iBankCoin
Stock advice in actual English.
Joined Sep 2, 2009
1,224 Blog Posts

Straight Like Scotch – 2014 Elections

No I didn’t forget about the elections.

I was lurking in the shadows, you see. Watching Democrats discover that you actually can’t buy elections. There was only minimal reason to speak. Better to let the rocks fall on their own. Besides, what more do I have to say, that I didn’t already say?

I have to confess; even I didn’t imagine just to what extent the last two years would go.

I mean, the president completely fumbling the signature legislation of his first term through gross negligence? Who could have predicted that? That’s epic stupid. STOOPID.

Or Obama casually wading into the shark infested waters that is the gun debate without any game plan? He was a lame duck half a month before his second term even started.

Or the almost-impossible-to-count scandals blowing up chunks of his administration? Ultimately, much of my choice to vote for Obama rested on confidence that he had put exactly the wrong people in charge of the wrong tasks, and that any new executive would simply be too late to catch it and clean it up. Except like, a factor of ten times bigger than I ever guessed.

And along the entire pathway, somehow, Barrack Obama – a man once labeled as the smartest, savviest political force in a century – managed to look terrible at every junction.

I’m not even getting into the first term. Or the continued ramifications of PPACA, which I suspect may have the distinction of being the first sweeping government entitlement to be repealed in US history, at the demands of the citizenry no less.

That has been the true cornerstone of Obama’s presidency. The trampling of old political rules of thumbs.

Back in 2012, I made an analogy that voting for Obama was equivalent to chaining the bad captain’s ankle to the wheel of the ship, so that he couldn’t run from it. Who possibly could have known that Barrack Obama was the kind of man who would respond by chaining his entire party to himself?

President Barrack Obama now has the title of being the worst president of the modern era. But what’s more, his own party is going to carve the tomb stone and write the eulogy, while still losing anyway. Strange times, indeed.

The path ahead is complicated, and I question whether the GOP is up to the challenge. With men like Cruz in their ranks, …sometimes a dumb ally is worth two enemies. On the flip side, Democrats suffered this loss in no small part thanks to Obama – who is the only major piece on the board not changing.

To those of you who have been quietly calling for Obama’s remaining two years to be reminiscent of Bill Clinton’s, you could save your breath. Barrack Obama is not Bill Clinton. He is Barrack Obama. I doubt he has the ability, even if he had the desire.

I suppose we shall see. But for the moment, sitting here in my 9th floor office gazing from the darkness; a smile crosses my lips. And the curtain closes.

If you enjoy the content at iBankCoin, please follow us on Twitter

11 comments

  1. ironbird

    Hat tip for the early call of devastation. You sir “got it right”. The question now would seem to be if Mr Market shits the bed in confusion. This type of fuck you to the status quo rarely leads to a picnic. Any thoughts on coal would be much appreciated by many in these hallowed halls.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. TheHarper

    Oh, Mr. Thaler.

    “watching Democrats discover you can’t actually buy elections” – They should take one from the Republicans and hire Kathryn Harris, because thats how you steal an election.

    “Obama now has the title of being the worst president of the modern era” – apparently, your memory has lost you and you forget the 8 years of GW Bush.

    In no way am I defending Obama, I voted for Hillary and will do so once again.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Mr. Cain Thaler

      I haven’t forgotten about GW Bush at all.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • matt_bear

      Obama is worse because he was essentially a continuation of Bush, along with adding even more stupid. I tend to avoid politics because i see no difference between the parties, but come on….he turned his back or lied about everything he campaigned on.

      I hate blind party faith too. Charlie Crist is the ultimate example. The man ran as a republican, an independant, and the democrats voted him hard this time simply because he was carrying their flag. The fact he pulled 180 on everything he previously stood for apparently meant nothing.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  3. helicopter ben

    As a youth, I must ask: Does this get any better? I didn’t vote because the one time I did, in 2012, most of what I expected to happen didn’t, especially on a national level. As far back as I can remember (Late Clinton years) every president has been shit and each one was worst than the last. So are these clowns on TV gloating or lamenting over their wins/losses actually expecting something different will happen than just a crappier version of society than before the elections? I didn’t vote this time around because I had no expectations of a different outcome on society regardless of who was elected.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. bottom_feeder

    Well said.

    I would add that Obama is likely to change nothing on the heels of this referendum of his Presidency. He would have to change his stripes to work with a Republican congress that he hates on every level. The stalemate will continue.

    What remains to be seen now is whether the Republicans or Democrats will benefit in 2016 by continuing gridlock. What the Republicans do or don’t do about PPACA and immigration will ultimately decide their fate.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. helicopter ben

    Just a reminder of the last 30 years:
    Reagan: I do not recall (Iran contra)
    HW: Read my lips: No new taxes! (Raised Taxes)
    Clinton: I did not have sexual relations with that woman (did)
    Bush: Mission Accomplished…
    Obama: You didn’t build that. BONUS: If you like your plan, you can keep your plan.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. jersey whale

    In 6 years the country will tire of the Republicans and vote in a wave of Democrats, rinse repeat.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. bonobo smores

    Looking forward to the Republicans fragmenting, pulling apart like a cell undergoing mitosis. We passed recreational cannabis, so just lay back and enjoy it.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. Mr. Cain Thaler

    I doubt it. More likely that the country starts to carefully balance votes keeping the chambers in various states of gridlock.

    People ultimately hate Congress getting things done more than they hate Congress not getting things done.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • thegametheorist

      Reminding you about $BCEI and $HK.
      Thanks for all that you do.

      • 0
      • 0
      • 0 Deem this to be "Fake News"