FORMER DEMOCRAT PRESIDENTIAL CANDIDATE BOB KERREY: Obama a Failed, Delusional Liar

I have a dream.

I have a dream that someday, somehow, a real media will emerge and replace what is now a nakedly partisan propaganda wing of the Democrat Party, which uses brand names like NBC News, The New York Times, The Washington Post, and CNN, to name but a few.

But, until then, we’ll have to rely upon foreign media outlets to confirm what we all know to be the truth.

…Obama, he said Wednesday in his Manhattan office, knew full well he was lying when he promised that the Affordable Care Act would allow Americans to keep insurance plans they liked… ‘He had to know he was misleading the audience,’ Kerrey said quietly, recalling the newly minted president’s countless promises as Congress and the public debated his signature health insurance overhaul…

…Obama compounded his rhetorical mistakes with political ones, he said, by agreeing to ditch a proposal allowing Americans to buy into the Medicare system the way they would buy a policy from a private insurer…

…In his Washington, D.C. days, the former Nebraska governor often stood out as the rare Democrat who publicly lamented U.S. entitlement programs’ seemingly unstoppable march to insolvency…

‘We’re robbing from the future to pay for the past,’ he told MailOnline on Wednesday. ‘We just are… And we’re shoveling more and more money to people over the age of 65.’

The result, he said, is a set of financial chains clamped tightly on future generations.

…Asked how to break the congressional logjam, Kerrey thought for a moment and said, softly, ‘It takes a president. It takes a president.’

Is Barack Obama that president? Kerrey stayed silent but shook his head… ‘I’m shaking my head “no,”‘ he acknowledged, finally.

…Another of Obama’s failings, according to Kerrey, is an inflated sense of Americans’ appetite for programs to correct what the White House calls ‘income inequality,’ through new taxes and other income-shifting initiatives that transfer wealth from the rich to the poor… The president’s re-election 17 months ago wasn’t a mandate to conduct class warfare, he said.

…Obama isn’t the first president to make that kind of miscalculation – Kerrey calls it ‘self-delusion’ – while in office… Bill Clinton [was] an unusually good liar. Unusually good,’ the Nebraskan said in 1994.

He told MailOnline that he ‘actually intended it as a compliment,’ although Clinton ‘didn’t take it that way.’

Obama’s lies, he said, stem from the same human flaw… ‘That self-delusion moment comes in a single declaratory sentence,’ Kerrey said, which is, “If they just get to know me, they’ll vote for me” … ‘It’s just self-delusion. … Some of us are good at it, and some of us are bad.’

You know, it’s the strangest thing.

Bob Kerrey is a very well known Democrat, a former senator, governor and presidential candidate.

I just did a quick news search for Bob Kerrey’s statements in U.S. media. Can you guess what I found?

Yeah, that’s right: nothing. Nada. Bupkis. Zip. Nil. Zilch.

Which, coincidentally, is how much real Americans should rely upon vintage media.

Hat tip: BadBlue News

Doug Ross @ Journal

QUOTE O’ THE DAY: Delusional or Irrational, There Can Be Only One

Democrat Senate Majority Leader Harry Reid’s latest bizarre assertion is troubling on many levels. His statement that he never called those who had lost their health care thanks to Obamacare liars — after he clearly and publicly did so — can be explained in only one of two ways. If he believes his latest statement, he’s clearly delusional. Or, he’s an irrational liar. Either way, we lose.

But Rep. Trey Gowdy (R-SC) said it better than I could.

Hat tip: BadBlue News

Doug Ross @ Journal

SICK, DELUSIONAL OLD FOOL: Harry Reid Blames Russia’s Invasion of Ukraine on… Republicans

Guest post by Investor’s Business Daily

Politics: Harry Reid blames Russia’s annexation of Crimea on Republicans who didn’t act fast enough on a sanctions package. But he ignores Obama’s appeasement as president and push when a senator to disarm Ukraine.

The Senate Majority Leader’s latest claim is consistent with other utterances out of his parallel universe, including calling Stage IV cancer patients liars about Obamacare’s collateral damage and asking why we’d want to save one child with cancer.

“Since a few Republicans blocked these important sanctions, Russian lawmakers voted to annex Crimea, and Russian forces have taken over Ukrainian military bases,” Harry Reid said Monday as the Senate began debate on a package of sanctions and aid.

“It’s impossible to know whether events would have unfolded differently if the United States had responded to Russian aggression with a strong, unified voice.”

The man who makes Vice President Joe Biden look competent by comparison ignores the fact that since the House and Senate passed different versions, quick action on sanctions would have been impossible and that it was Reid and the Democrats who refused to bring up the House version as is.

The Senate version wasn’t a clean bill, having attached provisions that would increase the power of emerging countries in the International Monetary Fund and shift some $ 63 billion from a crisis fund to a general account that Republicans feared would leave U.S. taxpayers on the hook for more foreign bailouts.

Yet Reid directed blame to Republicans who had reservations about this Christmas tree, saying their delay of congressional action “sent a dangerous message to Russian leaders.”

We doubt that former KGB Col. Vladimir Putin, who considers the demise of the Soviet Union one of history’s great tragedies, cared much about Reid’s idea of sanctions.

Obama’s record of appeasement as both senator and president is all the encouragement that Vlad, the impaler of nations, needed. An American president who betrayed Poland and the Czech Republic on missile defense and vacillated on the Russian invasion of Georgia as senator lost Moscow’s respect long ago.

From Obama’s infinite number of red lines on Syria to his gutting of the U.S. military, Putin saw a weak, out-of-his-depth former community organizer who bowed to world leaders as he apologized for American excess. Obama would go on to cave to pressure and promise Russia’s leaders that he’d have even more “flexibility” to bend to their will after he was re-elected.

Putin no doubt remembers how in 2005 then-Sen. Obama pushed for the destruction of large amounts of conventional ammunition and weaponry for the Ukrainian military, based on vague assurances that the Cold War was over and the U.S. would provide a security guarantee.

As the Daily Mail reports: In August 2005, just seven months after his swearing-in, Obama traveled to Donetsk in eastern Ukraine with then-Indiana Republican Sen. Dick Lugar and toured a conventional weapons site. Meeting in Kiev with President Victor Yushchenko, they made the case that weapon stockpiles inherited from the old Soviet Union should be destroyed.

Sen. Obama pushed for eliminating 400,000 small arms, 1,000 anti-aircraft missiles and more than 15,000 tons of ammunition. “We need to eliminate these stockpiles for the safety of the Ukrainian people and people around \ world by keeping them out of conflicts around the world,” Obama said in an Aug. 30, 2005, statement from Donetsk.

So how safe are the Ukrainian people now, Mr. President? And any further comment from you, Sen. Reid?

Image: RojerThat.

Doug Ross @ Journal

DELUSIONAL NANCY PELOSI: Obamacare will be a “political winner” for Democrats in 2014

Guest post by Israel Ortega

Another day means another poll that is sure to give the President and some members of Congress heartburn. According to a new poll by the Pew Research Center, opposition to the President’s signature legislative achievement remains high. The survey, as reported by The Hill, found that 53 percent disapprove of Obamacare, compared with 41 percent who approve.

Given such opposition, one would think twice about describing the law as a “political winner,” but that’s exactly how House Minority Leader Nancy Pelosi (D-Calif.) sees it. Her remarks after the jump are illustrative of the vast disconnect between the will of the people and Congress and may help explain why “one in three registered voters in the NBC-WSJ poll said that their vote for Congress this fall will be intended to signal opposition to President Obama.”

Unfortunately, for Pelosi, four years after Congress passed Obamacare to find out what’s in it, the American people are learning that many can’t really keep their health insurance or doctor—and that the promise that health insurance premiums would go down was also off the mark.

Pelosi, however, would rather us not worry about those side effects and instead concern ourselves with calling the law by her preferred name, “the Affordable Care Act,” and not Obamacare, as she was quick to correct an unsuspecting journalist.

Read more at The Foundry

Doug Ross @ Journal

BREAKING: New Fed Chief Just as Delusional as the Last One

Guest post by Michael Snyder

On Tuesday, new Federal Reserve Chairman Janet Yellen went before Congress and confidently declared that “the economic recovery gained greater traction in the second half of last year” and that “substantial progress has been made in restoring the economy to health”. This resulted in glowing headlines throughout the mainstream media such as this one from USA Today: “Yellen: Economy is improving at moderate pace“. Sadly, tens of millions of Americans are going to believe what the mainstream media is telling them. But it isn’t the truth. As you will see below, there are all sorts of signs that the economy is taking a turn for the worse. And when the next great economic crisis does strike, most Americans will be completely and totally unprepared because they trusted our “leaders” when they told us that everything would be just fine.

It is amazing how deceived people can be. Just consider the case of 56-year-old Brian Perry. He is a former law clerk that has applied for nearly 1,500 jobs since 2008 without any success. But he says that he is “optimistic” that he will get another job soon because he believes that the economy is recovering

By his own count, Brian Perry has applied for nearly 1,500 jobs since being let go as a law clerk in 2008. The 56-year old Perry lives in Rhode Island, where the 9.1 percent unemployment rate is 2.5 percentage points above the national average.

Perry remains optimistic that a job is forthcoming. He thinks a more robust economy would create better opportunities for the long-term unemployed like him.

Let us certainly hope that Perry does find a new job soon. But if he does, it won’t be because we are experiencing an “economic recovery”. Just consider the following facts…

-In January, we were told that the U.S. economy “created” 113,000 new jobs. But that figure was arrived at only after adding a massive seasonal adjustment. In reality, the U.S. economy actually lost 2.87 million jobs in January. During the past decade, the only time the U.S. economy has lost more jobs in January was during 2009. At that time, the U.S. economy was suffering through the peak of the worst economic downturn since the Great Depression.

-Prominent retailers are closing hundreds of stores all over the United States. Things have gotten so bad that some are calling this a “retail apocalypse“…

  • JC Penney, which lost $ 586 million in three months in 2013, is planning to close 33 stores in 19 states and lay off 2,000 people. JC Penney’s stock has lost 84 percent of its value since February 2012.
  • Sears has decided to shut down its flagship store in Downtown Chicago, and it has closed 300 stores in the United States since 2010. Stock analyst Brian Sozzi noted that Sear’s inventory levels have fallen by 23.7 percent since 2006. He also noted that Sears had $ 4.4 billion in cash and equivalents in 2005 but $ 609 million in cash and equivalents in 2012. Sozzi, who calls himself a guerrilla analyst, has a blog full of disturbing pictures of empty Sears stores.
  • Macy’s, one of the few retail success stories, is planning to close five stores and eliminate 2,500 jobs.
  • Radio Shack is preparing to close 500 stores, according to The Wall Street Journal.
  • Best Buy recently closed 50 stores and eliminated 950 jobs at stores in Canada.
  • Target announced plans to eliminate 475 jobs and not fill 700 empty positions to reduce costs.
  • Aeropostale is planning to close 175 stores.
  • Blockbuster has closed down all of its stores.

-McDonald’s is reporting that sales at established U.S. locations were down 3.3 percent in January.

-In January, real disposable income in the U.S. experienced the largest year over year decline that we have seen since 1974.

-As I wrote about the other day, the number of “planned job cuts” in January was 12 percent higher than 12 months earlier, and it was actually 47 percent higher than in December.

-Only 35 percent of all Americans say that they are better off financially than they were a year ago.

-What is happening to the U.S. stock market right now very closely resembles what happened to the U.S. stock market just before the horrific stock market crash of 1929. Just check out the chart in this article.

For dozens more statistics that show that the U.S. economy is not improving, please see this article and this article.

Meanwhile, things continue to unravel all around the rest of the globe as well.

In previous articles, I have detailed how the reckless money printing by the Federal Reserve has inflated massive financial bubbles in emerging markets all over the planet. Now that the Fed is “tapering”, those bubbles are starting to burst and we are witnessing a tremendous amount of economic chaos. Here are three more examples…

#1 Ghana:

Ghanaian Economist Dr. Theo Richardson says Ghana’s economy will crash by June this year if the Bank of Ghana continues with its kneejerk measures to rescue the cedi.

“The government is facing liquidity problems and if we don’t get the appropriate remedies to address the issues at hand the situation may worsen and by June the economy may crash,” Dr. Richardson said.

#2 Kazakhstan:

With only $ 24.5 billion left in FX reserves after valiantly defending major capital outflows since the Fed’s Taper announcement, the Kazakhstan central bank has devalued the currency (Tenge) by 19% – its largest adjustment since 2009. At 185 KZT to the USD, this is the weakest the currency has ever been as the central bank cites weakness in the Russian Ruble and “speculation” against its currency as drivers of the outflows (which will be “exhausted” by this devaluation according to the bank). The new level will improve the country’s competitiveness (they are potassium heavy) but one wonders whether, unless Yellen folds whether it will help the outflows at all.

#3 India:

In the wake of a global stock market sell-off driven by worries over slower growth in emerging markets, the head of India’s central bank, Raghuram Rajan, criticized the U.S. Federal Reserve as it pressed on with plans to dial back its monthly bond purchases: “International monetary co-operation has broken down,” said Rajan, who added that “the U.S. should worry about the effects of its polices on the rest of the world.”

We have reached a “turning point” for the global financial system. Things are beginning to fall apart both in the United States and all around the world.

But at least the dogs at the White House are eating well. Just consider the following photo that was recently tweeted by Michelle Obama

Read more Michael Snyder

Doug Ross @ Journal