It’s All About The Ego Stupid!!!

Okay stupid moos, is there any question in your mind about why Chairman Zero turned down IBM CEO Samuel Palmisano’s offer to reduce the cost of healthcare by $900 BILLION DOLLARS? Mort Zuckerman won’t hazard a guess in this interview with Stuart Varney on ‘Your World’, but we all know why Obama turned it down.

It’s all about the ego stupid!!!

Even us moos are smart enough to know that…

Technology can slash government spending, execs say

The federal government can harness technology to reduce fraud and waste and improve operational efficiencies, a council of technology executives says.

The Technology CEO Council, chaired by IBM (IBM) CEO Samuel Palmisano, estimates that the government could cut spending by $1 trillion if it followed the TCC’s guidelines.

“We’re serious about helping to provide solutions for the mounting debt crisis, and we’re optimistic that changes today will help lay the foundation for future job growth and innovation for our country,” Dell (DELL) CEO – and council member – Michael Dell said in a statement.

The deficit is estimated by the White House to exceed $1.4 trillion this year and next; it’s adding to a debt burden that’s larger than $13 trillion.

But the nation may be able to leverage innovative procedures developed by the tech sector to slash the deficit. Half a trillion dollars could be saved, for example, if the government were to consolidate its supply chains; another $200 billion could be saved by applying analytics technology to ferret out fraud in grant applications and the welfare system.

Mort Zuckerman On Obama, 2.0: The Incredible Deflation Of Barack Obama

Mort Zuckerman On Obama, 2.0: The Incredible Deflation Of Barack Obama

A few days ago, Mort Zuckerman skewered Obama with a piece in the Daily Beast and an interview on ‘Your World’. Go here for those details.

Yesterday, Mr. Zuckerman nailed Obama again in US New & World Report.

The Incredible Deflation of Barack Obama

The air is seeping out of the Obama balloon. He has fallen to below 50 percent in the poll approval ratings, a decline punctuated by his party’s shocking loss in the Massachusetts special election.

Why?

Barack Obama was undoubtedly sincere in what he promised, even if his promises were within the normal range of political exaggeration. The first trouble is that his gift for inspiration aroused expectations, stoked to unprecedented heights by his own staff, that he would solve the climate crisis on Monday, the jobs crisis on Tuesday, the financial crisis on Wednesday, the education crisis on Thursday, Afghanistan on Friday, Iraq on Saturday, and rest on Sunday. His oratorical skills were highlighted by the contrast with President Bush, who mangled words so much that his incoherence became, as Tina Brown wrote, “a metaphor for incompetence.” Expectations were spurred, too, by Obama’s recognition that Americans yearned for a new kind of politics, a rejection, as he put it, of “politics as usual.”

Perhaps the inevitable outcome was disappointment—and on this Obama has not disappointed. Alas, he has accelerated the deflation of hope with his extraordinary volume of public appearances. In his first six months, he gave three times as many interviews as George W. Bush, four times as many prime-time news conferences as Bill Clinton, and more interviews than both combined: 93 for Obama and 61 for his two immediate predecessors. He appeared on five Sunday talk shows on the same morning, followed the next day by David Letterman, the first-ever presidential appearance on a nighttime comedy show. In another week, he squeezed in addresses to the U.S. Climate Change Summit, the U.N. General Assembly, the U.N. Security Council, and a variety of press conferences.

His promiscuity on TV has made him seem as if he is still a candidate instead of president and commander in chief. He—and his advisers—have failed to appreciate that national TV speeches are best reserved for those moments when the country faces a major crisis or a war. Now he faces the iron law of diminishing novelty.

Despite this apparent accessibility, Obama’s reliance on a teleprompter for flawless delivery made for boring and unemotional TV, compounding his cerebral and unemotional style. He has seemed not close but distant, not engaged but detached. Is it any wonder that the mystique of his presidency has eroded so that fewer people have listened to each successive foray? The columnist Richard Cohen wryly observed that he won the Pulitzer Prize for being the only syndicated columnist who did not have an exclusive interview with the president.

Poor results. But Obama’s problems are more than a question of style. There is doubt aroused on substance. He sets deadlines and then lets too many pass. He announces a strategic review of Afghanistan, describing it as “a war of necessity,” only to become less sure to the point that he didn’t even seem committed to the policy that he finally announced. As for changing politics in Washington, he assigned the drafting of central legislative programs not to cabinet departments or White House staff but to the Democratic congressional leadership of Nancy Pelosi and Harry Reid, the very people so mistrusted by the public. Who could be surprised that the critical bills—the stimulus program and healthcare—degenerated under a welter of pork and earmarks that had so outraged the American public in the past?

Pelosi benefited from $54 million to relocate a Bay Area wine train, not to speak of a secret deal with the drug industry lobby to preclude negotiations on Medicaid drug prices and exclude drug imports from Canada, concessions that had previously been strongly rejected by Obama. Reid favored the gambling industry by arranging an earmark for a Los Angeles-to-Las Vegas high-speed monorail, even though it won’t be built for years. Some components of the stimulus did help soften the recession, yet only roughly a third of the $787 billion stimulus has been spent, and too much was spent on programs supported by liberal Democrats, which explains why so much of the stimulus money went toward education, health, energy conservation, and other activities, mostly worthy but not geared to achieving recovery and getting people back to work.

Guess what?  There are two more pages to this article – go over and read the rest. Mr. Zuckerman has finally caught up to the rest of America.

Mort Zuckerman: Obama Has Done Everything Wrong (VIDEO)

You know it’s bad when a liberal bazillionaire like Mort Zuckerman has turned on you. What surprised me the most was his statement of fact that the Democrats were behind the housing crisis.  I did not think I would ever hear that out of the mouth of someone who supported Obama, and someone so connected to the web (check out his bio at the bottom).

What about Fannie Mae and Freddie Mac that got there with the support of the Democrats in congress. That’s what kicked off the great housing bubble; that’s what started this whole thing rolling down the hill. Did they ever talk about that kind of excess in the congress? No…..this isn’t something that is just due to the “wall street community”.

Mr. Zuckerman has penned an opinion piece in The Daily Beast that should set Obama back on his heels even more than the trouncing the dems just took in Massachusetts.

He’s Done Everything Wrong

Obama punted on the economy and reversed the fortunes of the Democrats in 365 days.

He’s misjudged the character of the country in his whole approach. There’s the saying, “It’s the economy, stupid.” He didn’t get it. He was determined somehow or other to adopt a whole new agenda. He didn’t address the main issue.

This health-care plan is going to be a fiscal disaster for the country. Most of the country wanted to deal with costs, not expansion of coverage. This is going to raise costs dramatically.

In the campaign, he said he would change politics as usual. He did change them. It’s now worse than it was. I’ve now seen the kind of buying off of politicians that I’ve never seen before. It’s politically corrupt and it’s starting at the top. It’s revolting.

Mort seems to understand the old chinese proverb that the fish rots from the head. Take a moment and read the entire article. Might make your day to see someone other than bloggers making the same points you have been making for months.

Many of you have seen Burning Down The House about the Community Reinvestment Act which created the housing bubble; if not click the link. I dragged this video out of the vault from October 2008 and John Stossel about government’s involvement in the housing bubble.

Mortimer B. Zuckerman is chairman and editor in chief of U.S. News & World Report and publisher of the New York Daily News. He is also the co-founder and chairman of Boston Properties Inc. He is a trustee of the Council on Foreign Relations, the Washington Institute for Near East Studies, and the International Institute of Strategic Studies.

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