Guest Post: The Next Four Years Won't Be As Good As The Last

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Submitted by Lance Roberts of Street Talk Live,

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Thu, 11/08/2012 - 14:46 | 2961385 aerojet
aerojet's picture

You may understand Atlas Shrugged, but you sure don't understand how the game is played.  First of all, you don't start up anything with your own capital, especially if it has anything to do with "job creation."  You go get a government grant, grease the skids, and schmooze wit the right people (which is hard if you're not a sociopath to be around people who are).  Look at Solyndra for one example.  So you should start up your business, but not one that is economically viable that you will work hard at building up and staking your own fortune on its success.

Thu, 11/08/2012 - 14:59 | 2961450 northerngirl
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I think a lot of small business owners are feeling the same way.

Thu, 11/08/2012 - 16:14 | 2961771 RKDS
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"Business friendly," of course, being code for "encouraged to brand 'WELCOME' on the back of all prospective employees, paid for by a government grant."

Thu, 11/08/2012 - 12:50 | 2960887 U4 eee aaa
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During his first term he said that change was coming. He did not lie. He was speaking code. The change he implied was not the change he and his paymasters were clearly planning. So what does his 'next four years' codespeak mean this time?

I shudder to think

Thu, 11/08/2012 - 14:27 | 2961301 Harbanger
Harbanger's picture

I guess we're also going to find out what that "flexibility" he would have after the elections was all about.

Thu, 11/08/2012 - 12:53 | 2960895 adr
adr's picture

The American people did not vote for four more years of this, blacks and hispanics voted for four more years of handouts from working white people.

A small percentage of rich whites voted for Obama to make sure their money is kept safe.

The greatest lie of the election was that Obama's policies helped the middle class. Sadly too many people believed the bullshit.

Thu, 11/08/2012 - 13:04 | 2960947 Urban Redneck
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It has nothing to do with skin color, and everything to do with greed and envy- small business owners of all colors need to go Galt, send their employees to the class warfare Nanny State they desire in search of a handout.  The current system is unsustainable so why expend the effort and take the risk of loss for no reward?  Facilitating the enslavement of your fellow citizens  is not doing them or their children a favor. 

Thu, 11/08/2012 - 14:48 | 2961395 aerojet
aerojet's picture

Oh please, like it or not, the inner cities are not filled to overflowing with multiple generations of poor white trash.

Thu, 11/08/2012 - 14:57 | 2961442 Urban Redneck
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West Virginia sure is

Thu, 11/08/2012 - 15:01 | 2961459 northerngirl
northerngirl's picture

That is true and they keep on reproducing.  But, then again anything is easy to do when you do not have to pay for it.

Thu, 11/08/2012 - 17:09 | 2962078 blunderdog
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The multiple generations of poor white trash tend to be in trailer parks.

There are hecka lot more of them than negroes, though, that's for sure. 

Thu, 11/08/2012 - 16:17 | 2961801 Nick Jihad
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Check your blind spot:  actually, blacks, hispanics and women voted for four more years of handouts from working men. When will men ever get the clue, that the womenfolk are not on their side?

Thu, 11/08/2012 - 12:56 | 2960911 TheObsoleteMan
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This past election's mantra was "Only I can create jobs". Not surprisingly, most voters bought it hook line and sinker. They still believe in the system. They think:" if we can just get the right people in, with the right policies and programs, it can be boom days again". Sorry, but this is not the 1980s, it is very different this time. We have arrived at debt saturation on all levels: sovereign, municipal, commercial and private. It no longer matters how much credit is created or is available. It either can't be serviced or isn't needed. The more the Kenyan tries to make good on his promises of a worker's paradise, the more the private sector will reel. Another problem, is that the Federal gubmint is increasingly becoming our biggest customer and service provider in the economy. I am amazed that all of these Ivy league educated economist can't see this, or if they do, understand it's after effects. There is no leadership today, at least none that the public will have {because he/she must look a certain way, and master the art of pillow talk}.

Thu, 11/08/2012 - 13:18 | 2960982 crusty curmudgeon
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"That gridlock has resulted in very little progress in providing the fiscal policies necessary to support economic growth."

Ah, I see.  It's the post-2010 House of Representatives that is responsible for the poor state of the US economy.

That's about where I stopped reading.

Thu, 11/08/2012 - 13:36 | 2961081 Count de Money
Count de Money's picture

Stacy McCain put it like this: "The Democrats are adept at making Republicans proxies for whatever anyone happens to hate: If you hate rich people, Republicans are the party of the rich. If you’re gay, Republicans are the party of homophobes. If you’re female, Republicans are the party of that jerk ex-boyfriend who dumped you because your thighs are too fat."

I'm still trying to wrap my head around this new reality. I've come to the conclusion that the Democrats figured out a long time ago that it's easier to get people to be against something than to be for something else. The reason that Obama won was that he was able to convince his voters that he was against whatever they said the Republicans were for, whether it was true or not.

We are all truly fucked.

Thu, 11/08/2012 - 13:42 | 2961107 Spastica Rex
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Don't homophobes tend to vote Republican?

I'm not a Democrat, so I don't really know.

Thu, 11/08/2012 - 13:56 | 2961162 Count de Money
Count de Money's picture

I don't know any, so I can't really say. According to the Log Cabin Republicans (, 31% of gays vote Republican. Blacks and Hispanics tend to be not down on the whole LBGT thing and they went 90% and 70%, respectively, to the Democrats.

Thu, 11/08/2012 - 14:37 | 2961350 Spastica Rex
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I am Catholic, and I know that many of us tend to the homophobic (we try to be nice about it), and I see that Catholics, as a group, voted for Obama. Hmmm.

Thu, 11/08/2012 - 14:51 | 2961415 Dr. Engali
Dr. Engali's picture

Yeah but you're a South Park watching Catholic....that has to count for something.

Thu, 11/08/2012 - 15:03 | 2961467 Spastica Rex
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And I'm not homophobic. Two more things to go to confession for on Saturday.

Thu, 11/08/2012 - 14:53 | 2961424 Harbanger
Harbanger's picture

About 1/2 the Catholics as a group are hispanic.  Many of the other catholics are catholic the way Soros is a Jew.

Thu, 11/08/2012 - 15:05 | 2961476 Spastica Rex
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So, I suppose if you control for Latinoness and frequency of Mass attendance, most good white Catholics voted for Romney and are homophobic.

Thu, 11/08/2012 - 15:59 | 2961729 Harbanger
Harbanger's picture

The takers outnumber the makers.  The promise of new freebies and the fear of having old freebies removed is what drove the turnout.  The debt doesn't matter, GDP doesn't matter, taxes don't matter, what you promise to give me is what matters.  People aren't hurting, food stamps, welfare, obamaphone etc. keep the sheep well fed and happy.  They still believe the Govt will save them and they see it working in their own lives.  I don't see any way out except for a collapse and a reset.

Thu, 11/08/2012 - 16:26 | 2961833 Spastica Rex
Spastica Rex's picture

Time for the makers to take things into their own hands, seems like they have little to lose.

Thu, 11/08/2012 - 16:01 | 2961740 Urban Redneck
Urban Redneck's picture

The Mohammedans have a Holy Duty to Matthew Shepard the Faggots, yet both the Mohammedans and the Faggots are "welcome" in the Big D tent, and their adherents often go to that tent to receive their voting instructions. It is IMPOSSIBLE to reconcile those those two positions, but yet both political parties claim to have "values".  No, the major Parties have platforms, whose only "value" is the votes that are delivered for the Party candidates.  The inherent conflict of welcoming both Bible Beaters and Hangin' Judges into the other tent is just as pathetic.  There can be no VALUES in politics as long as there are only two large parties which claim to speak for the Citizens.


Thu, 11/08/2012 - 14:39 | 2961360 aerojet
aerojet's picture

Can we stop saying things like "...puts the economy in a very nasty recession..." as if we ever exited the recession of 2008?  We're four years into an economic collapse buoyed only by monetary easing, which is having less and less of an effect on status quo maintenance. 

Thu, 11/08/2012 - 17:14 | 2962101 blunderdog
blunderdog's picture

That's not fair.  You can't blame Obama's policies for causing the recession if it started in '08, so you'd best just keep quiet about that.

Thu, 11/08/2012 - 18:12 | 2962325 Count de Money
Count de Money's picture

Yes, you can blame Obama for the housing mess. His first "job" was to "organize" to get banks to loan out mortgages to people who couldn't afford them.

The meltdown was decades in the making. The WSJ was banging the drum on Fannie and Freddie all the way back into the 90's. Fannie's CEO was Franklin Raines who was Bill Clinton's budget director. In 2003, the Bush people tried to rein them in, but that was stifled by Barney Frank and Chris Dodd.

Fri, 11/09/2012 - 11:20 | 2964424 blunderdog
blunderdog's picture

Well, as long as you never blame any of the bankers who wrote the laws, sure, I can see the logic.

Thu, 11/08/2012 - 14:43 | 2961365 divide_by_zero
divide_by_zero's picture

It is also just as unlikely that the Republicans will back down and begin to cooperate with the Senate.

A Senate under Harry Reid that will not even bring the House passed budget to the floor, they have locked in the Porkulus spending ($850B) into the baseline. No deficit reduction can take place iwthout rolling back to at least the 2008 baseline and beyond.

"Obama has already laid the foundation for his next four years of Presidency - more green jobs, tackle global warming, raise taxes on the rich and (create jobs) wealth redistribution for the poor."

Fixed it for ya, creating jobs is so much harder than just paying people to be poor, Green jobs and global warming BS is payback for bundlers.



Thu, 11/08/2012 - 14:54 | 2961428 hawk nation
hawk nation's picture

The republicans should let obama do whatever he wants so the financial system will collapse within the year and then maybe we can reset to what are founding fathers invisioned

Thu, 11/08/2012 - 14:56 | 2961434 DosZap
DosZap's picture

The republicans should let obama do whatever he wants so the financial system will collapse within the year and then maybe we can reset to what are founding fathers invisioned


He has been..............for four years.

Thu, 11/08/2012 - 15:47 | 2961678 falak pema
falak pema's picture

the best news on the political scene in USA : 

The Democrats' Election Victories May Have Killed The Tea Party - Business Insider

Fox News Is Killing The Republican Party - Business Insider 

GOP Implodes After Romney Loss - Business Insider

and especially this : 

Karl Rove's Historically Colossal Waste Of Money - Business Insider

The neo-cons who created this Reaganomics mess eat humble pie.

As thou shalt sow so thou shalt reap...

Nemesis, and I hope it bites deeep into their oligarchical pockets. 

Not that I support the other clique...of Pax Americana hubris...

Thu, 11/08/2012 - 17:17 | 2962115 blunderdog
blunderdog's picture

This is the "post-election collapse" of the anti-Obama crowd.

The anti-Dubya crowd had the same "come to Jeebus" experience 8 years ago.

The good news for the Republicans is: if we DO finally burst into flames during Obama's second term, they should finally be able to achieve that "permanent Republican majority" that's been Rove's Holy Grail for 20 years.

Thu, 11/08/2012 - 18:00 | 2962309 Spastica Rex
Spastica Rex's picture

"The anti-Dubya crowd had the same "come to Jeebus" experience 8 years ago"

My thoughts exactly: same shit, different party.


(those were teeth)

Thu, 11/08/2012 - 18:22 | 2962383 MeelionDollerBogus
MeelionDollerBogus's picture

Last 4 years have been a disaster ... next 4 will be worse? Awesome



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