A little more creepy, three and half years later?
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Small plebs, I can see now why my good friend, le Monsieur de la Mosca, supported the inexperienced young Senator from Illinois way back in the day when we knew little about him other than that he sported a dimwitted hairplugged running mate that did not dog sled, rassle bear, or wear a brassiere. You see, my friend is very perceptive, and seeking a strong hand in the Executive Branch in our time of trouble, he saw the inner-Generalissimo in the fresh faced Barack Obama. He knew this guy was not going to be bothered by any such niceties as separation of powers, or heck, eveen recognition of any other powers in our triune system.
And so today, we recognize that the Monsieur’s perspicacity has won out. The drumbeat that began with an increasingly monarchial delegation of legislative power to the President’s various bureaucratic armies at DOJ, EPA, FDA, TSA, DOE, etc. has now culminated in an unprecedented display of Caesarian flair.
Leveraging the work of his long expelled Democrat Congress of 2006-2010, the Emperor has now done the good work “for the people” by ignoring the Senate’s inquiries regarding the new Dodd-Frank Bank Bill-created Orwellian New-Speak-monikered Consumer Financial Protection Bureau, and installing a “Czar” who will now benevolantly overlook our every credit card transaction, from your innocuous swipes at the gas station to your most illicit anonymous internet transaction.
Gosh forbid you should not know what you are doing with those credit cards that have been around since the early-1950’s boys and girls! Don’t worry, though Papa-Doc Barack’s main man, deposed Ohio Attorney General Richard Cordray — aka, “The Fat Ohio Farmers’ Elliot Spitzer” — will be holding your hand every step of the way. Just don’t you dare try to break that hand grip, though, boys and girls.
Not happy with that one questionable “recess appointment,” (made when Congress was not actually in recess!), however, Caesar Obamustus also decided he was tired of waiting for the Senate to approve his three hard left candidates to the already newsworthy National Labor Relations Board (NRLB) of Boeing Aircraft meddling fame. Again, this unprecendented assertion of Executive power provoked questions of dicatatorial/monarchial transition across the Republic.
The real question, however, is why would an embattled President take such broad risks now, given the sordid reputation of these installed parties? The cynical answer? To create a political battle that will make the POTUS an aggrieved victim during an election year. This would be a confirmation that the President believes the economy will be of little help to him in 2012, and that the “full-populist” Chavista appeal is his only angle. Moreover, like Chavez early on in his populist socialist campaigns, the President knows he has most of the press in his pocket… at least today. But will that be enough to carry him through to November?
Only the advancing electoral process will tell. My bet? The press will get sick of covering for this kind of Executive excess. He’ll keep the hard-liners like Paul Krugman and EJ Dionne, but some of the more traditional populist lefties will start to break from the fugue soon, and begin questioning the Emperor’s “new” prêt-à-porter selections….
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Whether it’s the current political imbroglio, or perhaps the “great news” coming out of the employment front, the dollar has decided to break back out of its recent consolidation-retrace and blast ahead nearly 75 cents on the DX Index. Interestingly, gold and silver are not taking this big move very hard, with most of my miners down between 1.0%-2.5% (which is de minimus in our world) and even AGQ (double silver) only down about 2%.
That said, this rebound will likely last for a couple of days given my target for the dollar here at $81.50 or thereabouts, and I will likely lighten up on some of my miner holdings as a result. I shaved a little bit of ERX yesterday and will take some more of that down as well. One doesn’t want to be holding double-ETF’s in this environment. I think I will be targeting around 50% cash so that I will have dry powder for when the dollar turns again. I’ll make my moves on any retrace of the dollar today.
Best to you all.
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Well analyzed. Will follow
need to download that pic, and use it at the target range. thats all that is good for. and wiping your sphincter.
I wouldn’t advise that first suggestion, unless you seek to share tea time with some serious ex-special forces types with miked ear buds and sub-machine pistols under their suit coats.
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pulhease
lol, a UFC fighter was asked who he would like to fight next and he said Obama because he doesn’t like his policies, and secret service showed up at his door, so you never know how paranoid those chumps are… or how overemployed they are that they have nothing else to do…
From wikipedia.org/wiki/Recess_appointment,
I note that George W Bush used the recess appointment tactic as often, and as egregiously (John Bolton), as did Clinton and Obama combined.
Yet you have been an apologist for President Bush, and declare his critics suffer from a derangement disorder.
You? Purely partisan? Not at all. lol
The difference is that Bush stayed within the confines of the rule of law. As egregious as recess appointments are, they are lawful, AS LONG AS CONGRESS IS ON RECESS.
Caesar Obamanus did not even pretend to follow the law. The Senate has remained in session for this very reason. His appointments are required, by the Constitution, to be confirmed by the Senate.
I suspect that if a GOPer did the same thing that Obamanus did you wouldn’t be quite so chipper.
His administration will find itself in court over these unlawful appointments.
The Constitution is in exile.
Mr South,
Please don’t be too concerned about how chipper I am, or would be in other circumstances. I regard Presidents Bush and Obama as being equally bad, and in the pockets of moneyed interests. Very much like Mr Romney will likely be, should he succeed in his endeavors.
The point of my comment, which you appear to have missed, was to taunt Mr Gint. I only do that occasionally, when he becomes a tad “too acerbic”. (If he didn’t enjoy it, I wouldn’t do it at all.)
In my opinion, rabid partisanship expressed as smug condescension is not at all becoming of Mr Gint. I am amused by his inability to see that, as he seems otherwise to be fairly intelligent and self-aware.
I trust you are likewise, although your adopting his use of inane nicknames for those you wish to belittle suggests otherwise.
Good day to you.
Rabid Partisanship my ass, son. This is the fate of the Republic we are talking about.
You think I like Mitt Romney and George Dubya?
Are you nuts? I am a small government conservative.
I have no candidate. So the only thing I can do is to inform my readers of the increasingly egregious (yes, fucking egregious) incursions on the Constitution as advanced by the Democrat agenda of the last five years.
Do you think I care that the party is named “Democrat?” I only care that it is a group of socialists who are trying to change my country for the far worse.
If you can’t handle it (or are forced to change your moniker ever three days in order to “start over” from your previous hidings) you can blow it out your ass.
I’m DEAD serious when it comes to this bullshit.
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lol
You say Democrat agenda and I say, yes, but don’t forget to add the Patriot Act. The Constitution has been on the run for a lot longer than five years.
Very true, the patriot act is basically the NDAA act in it’s infancy.
I agree, there has been inremental encroachment. But the Patriot Act never contemplated interdicting AMERICAN citizen’s phone conversations.
Obama’s NDAA contemplates arresting American Citizens on an Executive whim!
And yes, I know it got through Congress too… but Batrocks insisted on the arrested American clause.
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Quick Google search produces this on the first point …
http://usgovinfo.about.com/od/thepresidentandcabinet/a/radio121705.htm
http://en.wikipedia.org/wiki/NSA_warrantless_surveillance_controversy
Can’t find evidence on the second. Got some?
Do your research! Part of your problem is lack of diligence:
If you don’t believe me, will you believe it coming from the lips of fellow comrade Senator Levin (D-Illinois)?
Da!
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Nice try Jake, but Nice is not me. I do however agree with him (I’m sure that shocks you).
As for crying about democrats, you can’t bitch about the dirty tricks republicans also use.
If you like small government, and are a small government conservative as you claim why all the hate for Ron Paul?
Nice, I wasn’t really attempting to address whatever point you were making, but choosing to rebut your point that Bush was more egregious in his use of recess appointments than President Obama.
Interesting you claim to hold left and right adherents to the same disdain yet you continue to rail against those that believe in small government and constitutional adherence. But then again your stated goal is to taunt Jake so who knows where your allegiances lie.
I choose to employ my 1st amendment right against the government whenever possible. As childish and belittling it may be it is one of the few rights that the government has yet to trample in a meaningful manner. Far worse examples of government mockery was engaged in by such luminaries as Thomas Jefferson, John Adams, Mark Twain and even Bill Maher and those of his ilk. None of which I would begrudge their use of inane repartee.
My allegiance lies with people who respectfully assess the view of others, and respond without resorting to demeaning personal insults, or vague redirection (i.e disapprobation of one’s presumed education, culture, or political orientation.) In other words, people who speak to an idea rather than attacking the person uttering it.
I occasionally object to Jake’s behavior when he starts to froth at the mouth. He’s a big boy, and he can take it.
I certainly have no issue with you exercising your 1st amendment right. Not sure that I would put Maher in the same category as Jefferson, Adams, and Twain, but carry on.
Jake, your’re sounding more and more like a 1950’s “the Russians are coming” fear mongering neocon. Stick with the PM analysis, where you have the chops. This is just so much crap.
You’re mixing your leftist metaphors.
Do you even know what a “neocon” is, or did you just read it one day on the Daily Kos and thought to just toss it in there?
It’s like an Archie Bunker malaprop. It impoverishes your argument and your credibility.
And the “Russians,” so to speak, have been here all along.
I’ll discuss what I like on my blog, thanks very much.
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Cicero to Atticus two millenia later. Who needs Loeb when we can have iBC!
There is so much to appreciate with this comment.
Holy shit, a student of Western Civilization!
I’ve got tears in my eyes* ovah heah.
(You know, they used to actually teach this stuff in the public schools. Amazing, no? Can you imagine how much better this country would be if that were still the case?)
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*(of appreciation, of course)
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I learned more in a week or two after I discovered Wikipedia than I did in 4 years at school.. It was only by recognizing the vastness of the amount of knowledge available that I realized how little I really learned, and how much more there is to know.
It’s why we homeschool. Being able to mold a curriculum that is built upon the classics, original documents and not a political agenda is quite liberating.
My kids go to a school like that. All but the youngest can now recite all 86 stanzas (I think it’s 86) of Macauley’s Horatius at the Bridge from memory.
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People don’t even realize they are losing their freedom, their liberties. Or they simply don’t care.
It used to be not that long ago, before the left became over taken by Socialists and Marxists, that Democrats would be for civil liberties. Dodd-Frank or the Patriot Act or the latest Defense Authorization Bill would never have been passed by Democrats. Hawkish GOPers perhaps, but not by Democrats.
Today government is simply BIG. The left, right, both want control over the people.
At some point, we need to decide what kind of country we want to live in. Do you want freedom or do you want government intrusion? I see many on this blog would prefer government to be involved in most aspects of their lives.
I choose freedom.
what i dont understand about blacks, and southern blacks is,why are they even democrats.democrats are the ones that wanted slavery,democrats are slave owners,so why praytell would any black,in their right mind, would want to be of the same party that oppressed them all of their natural lives. and the south already did it again
There’s a great 20 minute youtube out there by one of the writers from PJ Media, Alfonzo Rachel (“Zo Nation”)… he gives an excellent historical retrospective and it deals exactly with that question.
Google it up.
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oi-veysmere
Obviously you prefer the real fascism of the GOP over your spin-induced Obama fascism … Wait till the GOP loses the House … LOL
Obummer is going to win the presidential election with a negative approval rating, just watch – what a farce!
All you clowns are so enthralled with…his…amazing…speeches. The guy cannot lead, he cannot negotiate and instead takes cheap shots with snarky comments aimed at the GOP. Besmirching your opponents isn’t going to win their hearts.
Look at slick Willy – was he the pompous ass that Obummer is? No. He was effective because he could actually work _with_ his opponents.
I have to state… the Obama Administration has gone from a level of missing the Bush years to missing the Clinton years.
At least Clinton was smart enough (or had smart enough staff) not to walk the economy into a statist buzz saw.
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Not going to happen. That would give Obama a majority again. I’m pretty sure there aren’t many people left who would want that. I expect some Democrats would start voting Housing Republican, just to keep him from being able to satisfy his every whim.
Again, Teahouse, you talk out of your ass when you talk politics.
Don’t embarrass yourself. There’s no excuse for the encroaching fascism of Dear Leader Obama.
Get an argument, or don’t bother. I’m used to dimwitted ad homs as responses. They garner the same credibility they always have.
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Which party espouses more tax cuts, less regulation, unlimited speech and unfettered spending on campaign contributions by corporations? The party in bed with business is not the one you try endlessly to attach to fascism … Spin it all you want and attack me all you wish but that doesn’t change the political reality of this country under the current out-of-touch conservative party. More people are fed up with the leadership of the House than you are willing to admit to and you will see incumbents there ousted and a return to leadership under the Dems … Obama will be re-elected as unemployment drops below 9% and the economy grows faster than Europe reassuring the electorate to stay the course rather than take the elevator back down under the tried and true failures of the GOP economic policies of the past. My predictions for 2012 … Try to keep your difference of opinion in check and avoid the names and personal attacks just cause you don’t like the message and the ring of reality.
You are an idiot. ANY party that cossets business by bending the rule of law to the whims of the State is fascist!
That is the very DEFINITION of Comrade Solyndra’s Goldman Sachs driven policies.
Wake up, Teahouse, it’s never too late.
SMALL GOVERNMENT, not big! It’s the only way to loose ourselves from the inveitable corruption.
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tea, do you have any doubts in your guy? i just dont see the upside. what exactly is the program? 0bam believes in what? i have no clue.
I’m not pro Obama … I’m anti GOP!
More tax reduction for Corporate America and tax breaks for the 1% (as in inheritance tax & cap gains) while maintaining defense spending and installing austerity doesn’t work. Ask the Brits!
The GOP is intent on helping the rich in lieu of the middle class where the true engine of our economy lies. If the party of the rich is so intent on reducing debt then all they have to do is raise taxes on their own and cut defense spending and waste. Why do they insist on maintaining their standard of living on the backs of those least able to cut the deficits … elderly, poor, unemployed and children?
Wise up and grow a pair!
i dont know man. sounds like you got the gop figured out. but you say nothing about your enigma guy. personally when i dont know my friend i choose my enemy. less dangerous.
I’m an Independent … I voted O over McCane [sic] and Failin [sic] … Sue me! LOL
Here’s some reading on the guy I voted for in the 2008 primaries:
http://www.thenation.com/article/165374/wall-streets-bad-romance-romney
More Obama Romney connections from Rush Limbaugh:http://www.rushlimbaugh.com/daily/2012/01/05/rogue_obama_plans_to_forgive_mortgages_and_we_can_t_say_the_country_is_screwed
The plan would be modeled after one originally devised by Columbia University economists Glenn Hubbard (a campaign adviser to Mitt Romney.)” Yes, let me read this to you again. The plan that Obama wants to implement “would be modeled after one originally devised by Columbia University economists Glenn Hubbard (a campaign adviser to Mitt Romney and AEI visiting scholar) and Christopher Mayer.” These are the two guys that have come up with this refinancing program. You think they don’t want to run against Romney?
So you’ve got Romney advisers that were hijacked to help put together Obamacare, and now you’ve got Obama who’s about to institute a mortgage refinance plan that is the idea of a Romney advisor. And yet we’re being told they’re scared of running against Romney. They really don’t want to run against Romney. I don’t see it that way. “In recent congressional testimony, Mayer described how the mass refinancing plan would work: Under our plan, every homeowner with a GSE mortgage can refinance his or her mortgage with a new mortgage at a current fixed of 4.20 percent or less. … To qualify, the homeowner must be current on his or her mortgage or become so for at least three months. … Other than being current, we would impose no other qualification or application, except for the intention to accept the new rate (that is, no appraisal, no income verification, no tax returns, etc.).” No nothing.
Be careful what you wish for as you may be choosing your enemy … Is Romney really a closet Obama … but you already knew that … that’s why you conservatives keep looking for an alternative to Romney, right?
That was a fun read. The comments too.
By the Way — youse who are still interested in stocks — MON has forcibly broken through that 61.8% resistance fib today (at around $75) and seems to be off to the races once again.
You might want to wait for a confirmation over $77 to enter.
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GDX and GLD ended the day up on a strong move up by the dollar.
OK, they didn’t end up because of that move by the dollar. But they ended up despite the move by the dollar.
Right, which indicates that the dollar move may be extremely temporary.
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I’m ready for the Jake Gint book club
Jake,
Is there something wrong with me?
I’m have a really hard time getting worked up over this.
If Congress doesn’t want people appointed to those agencies, they could be defunded or disbanded. The GOP won’t do that, so can they really be that upset?
You mean other than not bringing your A game?
Yeah, don’t get worked up about regular trompings on the Constitution, the Rule of Law, and 200 years of Senate precedence. What me worry? Three’s Company re-runs come on at 7 pm.
As for the defunding idea, that’s what Comrade O wants. How can he save America if the mean old GOP is defunding this saviour of the “middle class.”
Does he have to say middle class three times a sentence, btw? It’s
President Obama has already made 28 recess appointments, and his predecessor, George W. Bush, had made 62 at this point in his second term.
Just the facts sir, just the facts. Seems your party trampled on the constitution on your watch and you stayed mum … I’m Offended at such blatant manipulation of the truth! Do you work for the GOP or what?
Congress can’t defund the Consumer Financial Protection Bureau as its money comes from the Fed. A tasty little treat that Dodd-Frank dropped. Obama’s unconstitutional appointment of Richard Cordray won’t die because of lack of money that’s for sure.
keep up the political commentary. the fact that you are right is enough. but the passion behind the message makes it epic.
Thanks. I have four children. The passion is real.
If there is no rule of law, there are no standards, and there is no society. This way leads to implosion.
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I wish more people would understand that Obama is creating a tyranny outside of the Constitution. Our republic is indeed tottering on the edge of existence. Roughly 25% of the population are working to pull it back from the abyss. 50% couldn’t care less either way. 25% are pushing with everything they got.
As it stands the pushers are winning despite a mighty save in 2010.
You mean “think he’s right” don’t you? It’s like those arguing after the fact (rather than before hand in this case) whether we would have had a depression if we hadn’t bailed out the banks. It’s impossible to prove cause A) it was prevented or B) it was never really a threat. And sometimes it’s C)Someone yelling fire in a movie theater.