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Now that
Barack Obama's Express Train has pulled into the
station and the confetti has been swept off Pennsylvania
Avenue, maybe the nation can get around to rationally
evaluating our new president's
actual performance as it evolves.
No American is more hopeful than me that Obama will
deliver on at least a small percentage of his promises.
But I'm dismayed at the over-the-top excitement
Obama-mania created even among otherwise even-minded
people. Those unquestioning Americans caught in the grip
of Obama madness are setting themselves up for a hard
fall.
Not long ago in American history, another president had
popularity ratings even higher than Obama's. Perhaps you
remember his name:
George W. Bush.
A CBS/New York Times poll released on
In large part, the Main Stream Media [MSM] created Obama
and Bush's unrealistically high ratings. In Bush's case,
an unquestioning press gave him a free pass on facts
surrounding the 9/11 terrorist attacks and his
subsequent decision to invade Iraq.
Even more remarkably, Obama got an intentional walk on
everything. If Obama faced a serious challenge about his
presidential qualifications, his dubious
Chicago associations or exactly how exactly he
planned to carry out his
lofty campaign pledges, I missed it.
Mine is the appropriate emotion of the day—cautious
optimism. Give Obama, the only president we have, a
chance.
But less than twenty-four hours after Obama's
inauguration, the
stock market---a pretty good reality
indicator---took another dive. The market absorbed one
of the worst Inauguration Day losses in over a century
as it declined by more than 4 percent.
Even after record corporate write-downs and a $700
billion bailout to
shore up the financial system, banks are still
reporting huge losses, lining up for new government
lifelines and cutting their already dismal profit
outlooks. [Fresh
Stock Worries Batter Stocks, Dow Falls Below 8,000,
by Jack Healy and Zachery Kouwe, New York Times,
News from the financial institutions is expected to
worsen over the next few months. If you're still dizzy
with excitement about what Obama may be able to achieve,
chew on that for a while.
My enthusiasm about Obama has been tempered from his
first appointment of
Joe Biden as Vice-President. Biden has only held one
job in his life—working for the federal government.
All of Obama's
subsequent appointments are
Bill Clinton's
retreads or, like Biden, long time Democratic
operatives.
Where's the change?
And I was disappointed Obama sanctioned an Inaugural
Gala rumored to cost as much as
$160 million.
Whatever the true cash outlay may have been, a more
appropriate celebration given the economy would have
been a small White House dinner party with a few close
friends.
Reflecting the nation's mood,
Franklin Delano Roosevelt
cancelled inaugural festivities in 1933, 1937 and
1941. If it's good enough for Roosevelt to skip the
pomp, it should be okay for Obama.
Having now expressed my reservations about Obama, I'll
explain to you why I am in fact "cautiously
optimistic."
Two sentences from Obama's
Inaugural Address jumped out at me:
"Our capacity remains undiminished. But our time of standing pat, of protecting narrow interests and putting off unpleasant decisions—that time has surely passed."
These words may be nothing more than political
boilerplate.
Let's hope they're not. If America can't restore the
concept of common good and conduct herself accordingly,
then we're in for many years of more unrepresentative
government.
The "narrow interests" Obama referred to are
banks, the
Chamber of Commerce and the
ethnocentric lobbyists. All have deep pockets and
the political muscle that goes with it.
But they're at the core of America's woes.
If Obama can truly avoid "putting off" the
"unpleasant decisions" that would restrain special
interests, it would represent a tremendous first step
since today's crisis reflects the long-term consequences
of short-term policies.
But if Obama's speech is just idle chatter, then at
least I won't be among the crestfallen if his polls
numbers ultimately skid into
Bush
territory.
Joe Guzzardi [email him] is a California native who recently fled the state because of over-immigration, over-population and a rapidly deteriorating quality of life. He has moved to Pittsburgh, PA where the air is clean and the growth rate stable. A long-time instructor in English at the Lodi Adult School, Guzzardi has been writing a weekly column since 1988. It currently appears in the Lodi News-Sentinel.