Barack Obama: Pragmatic Man of Principle or Just Another Neocon?

A note from the blog owner: Today I was planning to write a blog post entitled, “The Obama Doctrine: Practical Idealism” but before I could put virtual pen to virtual paper, I received a guest post from one of my regular readers and a former blogger in his own right, Hucking Fypocrites. Huck, no particular fan of President Obama, fairly captures the surprising situation the President finds himself in. The Nobel Peace Prize winner is becoming one of the most bellicose of Presidents, taking his predecessors two wars and upping the ante with a third one in Libya. And as I’ve said before, let’s not fool ourselves. We are at war with Libya and the turnover of responsibility to NATO today is next to meaningless as we are the prime mover and shaker in NATO. While I think it can be stated that Obama deliberates more than his predecessor and builds alliances faster, there is no doubt that the similarities in foreign policy between Obama and Bush cannot be ignored. Huck does an excellent job of spelling these out. Read and enjoy!


The term “Neocon” has been tossed around for the last ten years as an insult toward what was perceived to be an exclusively conservative republican ideology. Its subscribers include former Vice President Dick Cheney, political columnist Bill Kristol, and, if the rhetoric is to be believed, Adolph Hitler, himself. However, a seemingly new generation of Neoconservatives are emerging, led by none other than President Barack Obama, suggesting that the rhetoric of the past decade against Neoconservativism has been nothing more than partisan hypocrisy solely intended to paint the foreign policies of former President George W. Bush in a negative light.

While having been around for decades, the current Neoconservative ideology has been largely attributed to the policy think-tank known as the Project for the New American Century (PNAC). Its core principles are that American military might should be used in a preemptive fashion in order to propagate American values and strengthen American interests throughout the world. According to the PNAC:

“American foreign and defense policy is adrift. Conservatives have criticized the incoherent policies of the Clinton Administration. They have also resisted isolationist impulses from within their own ranks. But conservatives have not confidently advanced a strategic vision of America’s role in the world. They have not set forth guiding principles for American foreign policy. They have allowed differences over tactics to obscure potential agreement on strategic objectives. And they have not fought for a defense budget that would maintain American security and advance American interests in the new century.

We aim to change this. We aim to make the case and rally support for American global leadership.

As the 20th century draws to a close, the United States stands as the world’s preeminent power. Having led the West to victory in the Cold War, America faces an opportunity and a challenge: Does the United States have the vision to build upon the achievements of past decades? Does the United States have the resolve to shape a new century favorable to American principles and interests?”

Many in the old Neoconservative camp believed that was a good question, and believed that they had an equally good answer—“yes!” By contrast, many outside of the Neocon fold preached that American military might should not be used in a preemptive fashion, and that the United States had no business sticking its nose into the affairs of others in imperialistic attempts to tell them people how to live.

Just how did the Neocons propose to enact their “New American Century?” According to their website [Note the bold portions]:

• we need to increase defense spending significantly if we are to carry out our global responsibilities today and modernize our armed forces for the future;
• we need to strengthen our ties to democratic allies and to challenge regimes hostile to our interests and values;
• we need to promote the cause of political and economic freedom abroad;
• we need to accept responsibility for America’s unique role in preserving and extending an international order friendly to our security, our prosperity, and our principles.

So how does Barack Obama play into all of this?

As early as 2002, the then Illinois state senator was extremely critical of sitting President George W. Bush’s foreign policies, all the while calling out some of the “armchair, weekend warriors” members of the PNAC because they had “shove[d] their own ideological agendas down our throats…”

But many of the Bush-era policies that state senator Obama once spoke out against, and indeed ran his presidential campaign against, are policies that President Obama has both championed and continued. And none of them have been championed louder, or more recently, than the Neoconservative ideologies that were once touted by anti-war advocates as evil and wicked. In fact, President Obama has enacted every one of the four key prescriptions laid out by the PNAC. Every. Single. One.

Take defense spending, for example. In his first two years in office, President Obama has twice proposed an increased budget on military spending. In his 2010 budget proposal (his first as president), Obama proposed a 4% increase on defense spending of the previous year. The $533.7 billion request topped what had been the highest level of US military spending since WWII. The next year, President Obama followed up that defense budget with an even higher proposal of $708 billion; an increase of 3.4%. Admittedly, the President’s non-Iraq defense budget was a mere $549 billion. However, that is still an increase of more than $11 billion from the previous record-setting year.

But Barack Obama’s Neoconservative tendencies have shown themselves on more than just military spending. As of Monday night (3/28/11), they have actually been integrated into his stated foreign policy doctrine. In his address to the American people regarding the United States military involvement in the conflict in Libya, the Commander-in-Chief fully embraced the Neoconservative ideology as he reminded us all of America’s “unique role as an anchor of global security and advocate for human freedom” and how, “when our interests and values are at stake, we have a responsibility to act.” Some of the very same words you read above to defend some of the very same ideas of the Neoconservative PNAC.

So what are we to make of all this? Is Barack Obama a pragmatic man of principle who can adjust his ideologies and practices as the situation calls in order to get good things done? Or is he nothing more (or less) than just another Neocon, like those he spoke out against in the past? Has he truly brought about his promise of change to American foreign policy, or has he continued the Neoconservative policies of his predecessor that he once believed had “failed?” Ultimately, the onus to answer those questions falls onto his supporters and the anti-war demonstrators who had once compared Neocons to Hitler. Thus far, their relative silence (Rutherford excluded) has been as deafening as it has been disappointing.

But there’s always hope, right? — Hucking Fypocrites (3/30/2011) Political Blogger Alliance

72 thoughts on “Barack Obama: Pragmatic Man of Principle or Just Another Neocon?

  1. Neoconservatism… originated in the 1970s as a movement of anti-Soviet liberals and social democrats in the tradition of Truman, Kennedy, Johnson, Humphrey and Henry (‘Scoop’) Jackson, many of whom preferred to call themselves ‘paleoliberals.’ [After the end of the Cold War]… many ‘paleoliberals’ drifted back to the Democratic center… Today’s neocons are a shrunken remnant of the original broad neocon coalition. Nevertheless, the origins of their ideology on the left are still apparent. The fact that most of the younger neocons were never on the left is irrelevant; they are the intellectual (and, in the case of William Kristol and John Podhoretz, the literal) heirs of older ex-leftists.” – The Nation

    The fact of the matter is that neocons aren’t conservatives- they’re liberals with balls. And yes, that applies to William Krystal as well. The basic premises of neocons and conservatives conflict on multiple levels, and we typically only find common ground around defense issues. That said, we continue to disagree on the application of force versus the development of defense capabilities. A neocon will say, ‘what’s the point of having the greatest military in the world if you don’t use it.’ A conservative would reply, ‘Because there is a lot more at stake than just bombs and bullets and the cost of conflict that has minimal or no national interest is far to great.’

    Let us consider, it costs about $10,000 per hour for a fighter jet to conduct combat operations.

    Domestic issues, neocons have far more in common with liberals than they do with conservatives.

    An interesting primer here, but one can easily find a plethora of information on the history of neocons and their lack of conservative values.

  2. President Obama finally and quietly accepted his “transparency” award from the open government community this week — in a closed, undisclosed meeting at the White House on Monday.

    The secret presentation happened almost two weeks after the White House inexplicably postponed the ceremony, which was expected to be open to the press pool.

    This time, Obama met quietly in the Oval Office with Gary Bass of OMB Watch, Tom Blanton of the National Security Archive, Danielle Brian of the Project on Government Oversight, Lucy Dalglish of the Reporters Committee for Freedom of the Press, and Patrice McDermott of, without disclosing the meeting on his public schedule or letting photographers or print reporters into the room.

  3. (Reuters) – As Libyan rebels fled in headlong retreat from the superior arms and tactics of Muammar Gaddafi’s troops on Wednesday, U.S. officials said President Barack Obama had signed a secret order authorizing covert support for the rebels.


  4. Looks to me like Huck in conjunction with Gorilla’s input from above, more than adequately answered Rutherford’s question. The answer is obvious.

    Principled man, or NeoCon – a leading question, and one that I now hope you Rutherford by asking the right question, has determined for yourself. And the obvious answer is the one most of here have been saying of Obama long before Obama elected as President.

    Though principled men can and do change, a “principled man” must explain and demonstrate why he made such a fundamental change, which are completely contrary to the previous tenets he campaigned by. President Barack Obama has not done so.

    I would call Obama’s foreign policy speeches, especially those concerning where military intervention was implemented, mealy-mouthed and unprincipled. While Obama’s actions closely resemble those of his ‘NeoCon’ predecessors, the essence of Obama’s speech continues in the now predictable criticism of his predecessor’s actions – and invariably sound like campaign stumps.

    That is not characteristic of a principled, but is political grandstanding, pandering and double speak.

    I would formulate Obama’s foreign policy much like Obama’s religion. His “principles” are whatever politically expedient to gain approval of the audience in attendance, with an index finger pointed to the heavens to measure the wind of popular opinion.

    And that is the antithesis of principled.

  5. Sorry to go O.T., but in our discussion of technological wizardry last night vs. old school, I say we compare and see which is faster…

    I thought this was pretty funny and pretty revealing about text messaging.

  6. Good topic and good points. This is why we are where we are today and our economy is all fucked up – unless, of course, you work for the war machine or benefit from it.

    These neocons have been steering the ship for quite sometime, and they fall on both sides of the aisle. This has always been in the interest of global imperialism and capitalists. The plans were laid out by these yahoos before we were “surprise attacked” by Saudis. How clueless do you have to be? Read the script. We are following the plan. The Pres is not in control of this machine, he’s just a mouthpiece. Just like the last one, albeit a little less willing.

    PNAC put the entire gameplan together. From their report “Rebuilding America’s Defenses” you have this tidbit on page 51, “…the process of transformation, even if it brings revolutionary change, is likely to be a long one, absent some catastrophic and catalyzing event – like a new Pearl Harbor.” [emphasis mine] Hello! 9/11, anyone?

    Willfully blind. Have you read the “Grand Chessboard” by Zbiegniew Brzezinski? It’s a free download in PDF form. The script has already been written, folks. The pres is just playing the part they wrote for him. Wake up!

  7. While we are in the process of exposing NPR and its parent corporation for leftist shills and starting the process of defunding that propaganda arm of the left-wing party, how about we concentrate on a far more evil and devious organization to defund called Planned Parenthood, busted once again for false advertising. This organization is nothing short of criminal, and that witch lying makes over a million bucks a year, much of from your pocketbooks.

  8. Man, would I love to see them go down.

    I wouldn’t care if my entire career was axed. If I could be on the sinking ship with PP, I’d be riding that bow down to D Jone’s locker with pleasure.

  9. I have to admit. I am beyond disappointed with mainstream conservatives.

    What will it take for you guys to come clean and admit the “free market” is anything but?

    You will come back with “stop the whining” or tough guy “social darwinism crap, to be sure.

    Tex is the only conservative here that seems to give a damn.

    As for Rutherford and the libs, the silence is deafening.

    The Crony Capitalism under Obama is (let me steal a Hucking literary device)…Out. Of. Control.

    5 super duper mega banks (and two governmental watchamacallits- Fanny and Freddy) are operating completely outside the rule of law and the norms of Capitalism. The Fed keeps printing them cash at zero percent in which they get a 2 percent profit. All of this after TARP Bail Out. If Obama gets his way, soon the entire executive outside of the military will be run by the thieves. Most of Congress is rotten. Barny Frank is at it again. Transparency is too dangerous, he tells us.

    Inflation. The Rabbit might feel it first. But you will get a whiff soon. Mark my words.

    And there aint a thing we can do about it.

    Keep looking at the “bull” market and drawing a line in the sand as you defend a Capitalist system that doesn’t exist.

    The Dow is a joke. Don’t worry, Bernack Attack 3 will correct the coming correction.

    All hail the Fed.

    This entire system is an elite manipulated joke. And as bad as entitlements and the bloated public sector is, until you self described Capitalists wake up and make monetary policy your number one priority, you will be part of the problem.

    I dare everybody here to roll their sleeves up and start tackling an often times convoluted and complex problem that flies in the face of everything we thought we new of our respective ideologies.

    Yeah, its outside my comfort zone, too. Sometimes, we will border on Poolman esque garbage.

    But, for the love of this country and the middle class that makes it great! Wake. Up.

  10. And one more thing. Let’s start talking Obama-care again.

    If what I’m reading is true, did you guys know that the UAW and AT&T were given a billion plus?

    I’m talking straight up tax payer money.

    Not the “opt out” stuff.

    Straight cash!

    We told you how fucked up it would be, R. But you didn’t want to hear it. You just didn’t have it in you to be your own man.

    In 2 years, Obama made you a fucking laughing stock. Just go down the list, shemp. I will hit the laugh track until it over heats.

  11. I’ve got news for you Rabbit … one of the only journalists writing frankly about the wall street crimes against America is Matt Taibi of the liberal leaning Rolling Stone. And he doesn’t let Obama and the current administration off the hook. Seriously, go to and look up his stuff. It will piss you off but at least you’ll see not all liberals are being silent about this.

  12. There’s no winning in this situation, I went to a local chamber of commerce meeting Tuesday to hear an investment adviser catch us up on the current state of things. Here I am with all my money in a “stable account fund” which basically means bonds and what does he tell the crowd? We can expect serious inflation which will impact bonds negatively.

    So great …. I deliberately moved what little of my 401K was left out of stocks and into bonds to stop the bleeding and now I see another bullet coming at me. Doesn’t matter though since I’ll be emptying out the damn fund to pay the mortgage for the balance of the next six months. 😦

  13. Just so we’re clear … I’m trying to measure the degree of insanity on the board right now …. are we saying that Planned Parenthood is nothing but an abortion mill and offers no valuable health services to women who need birth control or care during pregnancy for that matter?

  14. Shemp (Rabbit is damn funny) Rutherford, I hear you man on the 401K. I don’t know where to stick monies anymore. I never left equities, which fell and then rose, but not back to where they were. That’s 77% of the family net worth riding on a sheet of paper that’s probably maintained by crooks at Fidelity. At least my other 401K is with my buddy but that only amounts to about 7% of the total account.

    I will say I’ve read a couple books recently by some pretty smart cookies, and I have scored pretty well following their advice and my own gut feel (gold, silver, copper, oil), but who can predict a tsunami, Libya, the next nuclear bomb? The account is so volatile, it’s not for the faint of heart.

    If you want to talk about a dirty company, I’m beginning to believe GE makes Fannie look like The Salvation Army. Jeffrey Immelt, Obama’s grease the palms man, is dirty as hell.

  15. I can only speak for myself about the euphemism called “Planned Parenthood”, which should be renamed to “Abortion on Demand Inc.”, but here is what I am saying Rutherford.

    Planned Parenthood has been busted so many times in just the last six weeks for fraud, it is obvious that the real purpose of “free women’s health” is simply a front for abortion services rendered.

    The free services are the olive oil business of the Corleone family.

  16. Interesting perspective. “Before it was easier to control a million people. Today it is easier to kill a million people, rather than control them…

  17. This burns my ass…

    It should burn every American’s ass. Everyone of these thieves should be forced to reimburse the monies with interest, and the regulators that approved this should be called out by name and forced to resign immediately for gross incompetence and cronyism. That turd from Putnam Investments mentioned that received these gifts has already burned me and thousands of other fund investors once for thousands of dollars, but was never charged.

    This is a perfect example of why the Federal Gov’t should be cut to the bone and kept to a minimum:

  18. Tex, the thievery can’t even put into words.

    I hope I live long enough to see my son’s generation revolt.

  19. Rabbit, I swear to you for your son and my daughter’s sake, if I thought I could get away with it without going to jail for the rest of my life, I would horse whip these bastards.

    You tell me how these guys are any different than some common thief who steals your lawnmower from your garage, only these bastards aren’t stealing the mower, their stealing everything in the garage, plus the cars….

    I haven’t asked you in a couple of weeks how your wife is doing. Has she regained any vision in her injured eye?

  20. Tex,

    She is still blind. It will probably stay that way.

    Hey Tex, how do you like the discount loan action that thug piece of shit got in Libya?

    Wouldn’t have you liked to get Count Duku’s interest rate on your house all these years? You never murdered college girls in cold blood either. You would think that would have got you at least a cunt lower interest rate.

    At least the Supreme Court came through for once.

    The Bernank sure wanted it to be kept a secret. Hell, the Bernank doesn’t even have to abide by sanctions put on Duku.

  21. I just read what you were talking about Rabbit. Bernacke is another that needs the boot. He’s as responsible for the hole were in as the thieves.

    Hey, if you’re K. Daffy’s son, you can come over here and go to elite colleges in place of kids like mine, no matter how much smarter and better student she is.

    As a bonus, you can leave college on a whim to go lead your daddy’s thugs to kill civilians, then resume the college career when you desire.

    And Rutherford charges me with throwing out the baby with the bathwater when I dare criticize liberal bastions of academia. 🙄

  22. But Tex, how can there be campus diversity without a slice of the student population representing murderous, tyrannical, mad men?

    Plus, Noam Chomsky said it was cool.

  23. Can you imagine if K-Daffy’s son was on Hucking’s model UN?

    Hucking would always be getting pushed into lockers and having his chicken nuggets stolen.

    Then, after his normal daily routine of K-Daffy’s son making Hucking flinch with faked punches, Hucking would proudly stand in the Model UN auditorium and give K-Daffy’s son the Campus Coalition Against Bullying Award.

  24. DR has no idea how well he would fit in on today’s college campus. The kids are all about entitlements and fuck the Fed and power to the people and save the unions and blah blah blah. I’m sure he could even find a revolutionary or two who will raise their fists with him in the campus pub as they contemplate their rise against the evil capitalist establishment.

  25. Never having been a peace maker here at the Rutherford Lawson Blog, this is a new experience for me… 🙂

    Boys, boys!!!

    This is one time I’ll bet the three of us can come to a complete agreement.

    Noam Chomsky is a complete POS and twisted, demented old man that only a loon from the Leftl could love. 😈

  26. I want to be wrong about what I believe is a Keynesian nightmare on steroids.

    I’ve never gave a Rats Ass what I sound like or where I would fit in.

    That being said, I’ve heard you say yourself you don’t have the slightest clue about monetary policy.

    Doesn’t it bug you not understanding where money comes from? It bugs me.

    What do you do when those leftist shemps go on rants that include some Rabbit speak?

    Do you just purse your lips, kind of like you do if you have the misfortune to be stuck with real motherfuckers talking sports?

    I’m guessing the Socratic Method isn’t working on all cylinders in the classroom during those times.

    I want to be convinced otherwise. I happen to think this entire system is on the brink. Make it go a way, Professor Hucking. I beg of you.

    Defend the system as it is now. Hell, explain the system first!

  27. Ben Bernanke. Start there. Plus this is a good time to show everybody that your capable of defending a Jew.
    Barny Frank on monday.

    The Tax Cheat Tax Man on Wed.

  28. Barny Frank on monday.

    😆 😆

    Hey, that’s not fair to ask Huck to defend the indefensible! I can’t get past Barney’s lissssppp…I’d say he’s got peanut butter stuck to the top of his mouth, but it could be something much worse.

  29. Come to think of it Hucking, you just might be a man of faith after all.

    And here the whole time I thought you were mocking Jesus when you were talking about the ” Man God”?

    Maybe you were being serious? Were you referring to Bernanke as the Man God?

    God at least rested on the 7th day.

    Your Man God Bernanke never stops!

  30. I have a modest challenge for the denizens here. This challenge depends on two premises:
    1. None of you are tax cheats.
    2. All of you will answer the challenge question honestly.

    Here is the very simple challenge. I just finished my taxes tonight and to my shock and awe I am getting about double the refund I got last year.

    Here is the challenge question simply put gentlemen/ladies: As each of you files your return this year, simply indicate on this board whether your refund is greater or less than last year’s. (Obviously if you owe money, do you owe less or more this year than last.)

    I’m not asking this question simply to get into your personal beeswax. I want to see all the prognostications about our lousy government (and THE fundamental raison d’être of the TEA party) put to the test in the personal lives of all you guys.

    Bottom line, from a tax return perspective, are you better off this year than last? 😉

  31. When have I ever defended the Fed or banks?

    What I don’t do is run around crying about how they have taken over the world just because things go better for some than they do for me.

  32. Wouldn’t getting a larger return simply indicate your getting back pennies on the additional dollars you made? How’s that beneficial? When I get a refund back, its generally indicator of bad money management. Ideally, one would get nothing back, nor owe the IRS come April 15th.

    Getting a larger return back on your income taxes does not necessarily equate to greater income. It does mean the IRS was able to float more monies owed to you on your dime.

    So I’m not sure your leading question is germane to the answers you seek. That is, things are much better now than they were last year. I say they are worse. Here’s why.

    Unless your refund was approximately $15,600 greater than your refund last year, and assuming your income increased only by the rate of inflation from 2009 to 2010, you, your wife, and your daughter are substantially poorer for it.

    Because with Obama’s latest accumulated 2010 deficit number, every person in the United States just inherited another $5,200.00 worth of debt in the 2010 calendar year.

    So before ever seeing the final results, I can say with great assurance, that the Taylor household income was not $20,800.00 greater than 2009.

    Sorry to pee on your parade.

  33. Deep stuff Hucking.

    No, you’re right. You don’t defend the Fed.

    That’s because it baffles you. And Professor Smarty Pants doesn’t like to be baffled. He wants to write guest blogs and stuff.

    What’s that? Kadaffy was getting a discount rate on 2 billion DURING sanctions? And these loans were purposely kept secret?

    Sorry Professor Hucking, until you understand monetary policy, you don’t know jack, jack.

    Your response to me is so weak I fear you may be churning out socialists by the hundreds. God help us if you are the only ambassador of Capitalism on your Model UN.

    I’m shocked your so worried about unions. You’re a budget hawk one second, a nihilist moron ascribing to mindless da-daism the next.

    Aren’t you a very sedentary man?

    Since rule of law is not a big deal and Social Dawinism the flavor of the day, what’s to stop the Rabbit from just taking everything you have? You aint armed, have hairy man boobs and flabby chick arms.

    You are fodder to me, fat boy.

    Did you know that Adam Smith was an ethics philosopher? Have you read Wealth of Nations? Adam Smith and Darwin are not the same person

    You don’t understand the current state of Capitalism. And you don’t intend to.

    You are a man of faith.

    And because you are, for all practical purposes, a religious man, I’m going to make a request.

    Quit mocking and insulting Christians.

  34. Re: 49

    Rutherford, its a good thing you never went into accounting.

    Dude, the question makes no sense.

  35. One more think Hucking. I’ve made money off the actions of the Fed. Just because I don’t brag about it, doesn’t mean the Rabbit isn’t making money.

    Sometimes I was lucky. Silver options can be some casino shit.

    But, I’ve also gone long.

  36. Well, it looks like Obama was full of dog shit, by the tune of 88 BILLION!

    Comrades, we own a losing company.

    GM didn’t make money after all.

  37. I’d put it to the board that the emerging new wave of neocons are not new at all.Given the “genetics” of neocons in the USA and how that plays out on a global scale is that folks like Obama are actually perfect candidates for neocon mantle.

  38. “As a candidate, Obama defined his approach as the opposite of everything Bush. Whatever the issue, Obama would be the photographic negative. But as president, Obama’s foreign policy has been slowly evolving toward the views of his predecessor. Obama’s pride will not allow him to admit it. His rhetorical imprecision obscures it. But behind the fog is the Bush Doctrine.”

    Buwahahahahaha…. the finest case of political poetic justice I’ve ever witnessed. I hope this has taught you duplicitous fools that put your hope and change in President Obama a lesson. Talk is cheap and Obama a prepared campaign speech and not much else.

    But like Obama, you all are too prideful to admit it.

  39. “what’s to stop the Rabbit from just taking everything you have?”

    I am to stop you. Just because I don’t have firearms doesn’t mean I am not armed. And I’m not near as flabby as you’d like to think I am. Nor am I impressed by your unsubstantiated claims of strength and size. Even if they are true, I am not one of your students who is intimidated by either.

    “That’s because it baffles you. And Professor Smarty Pants doesn’t like to be baffled. He wants to write guest blogs and stuff.”

    What the fuck does writing guest blogs have to do with being baffled? Do you think I could have gone through years of education and planning on a doctorate if I had an aversion to being baffled? I just suffered through Arabic, for Christ’s sake. You know what it’s like trying to learn those squiggly lines and dots?

    As opposed to the guy got just enough education to regurgitate 10-year old powerpoints to little zit-faced morons you’ve managed to convince, in their inexperience, that you are something special. Yeah…you’ve certainly been challenged, haven’t you?

    “You are a man of faith. ”

    I have said as much on this forum. Must have been during one of the many times you threw a tantrum and ran off for a couple weeks to go play with your socialist softball revolutionaries.

    “Just because I don’t brag about it, doesn’t mean the Rabbit isn’t making money. ”

    So I guess lack of money isn’t why you don’t pay your bills.

    “Quit mocking and insulting Christians.”

    Tex asks for everything he gets. As do you. You start your preemptive shit talk toward me and toward topics you know I will respond to, and then get pissy when I retaliate. Get over it or don’t start shit.

  40. “As opposed to the guy got just enough education to regurgitate 10- year old powerpoints to little zit-faced morons”-Hucking


    Hey, I got to give respect where respect is due.

    Hey man, I’m an easy target. No doubt about.

    Professor Smarty Pants, its funny you mention “regurgitation”. Your getting a doctorate in it!

    Oh I know, you will revamp some shit, ultimately distorting the narrative. Some revisionist bull shit that you and your smarty pants friends have to create in order to stay relevant.

    That is if you ever get hired.

    A future Diabetic and a unemployed slob?


    Interesting. Looks like you will end up on the Government dole no matter how your glorified hobby/career pans out.

    But, let’s take us out of the equation for a bit and think a bit

    How much does monetary policy effect geo-politics?

    Is there internal debate within the Fed?

    Has monetary policy influenced the “Arab Spring”?

    What is the role of Quantive Easing and the market?

    What if the Fed is a primary mover within world politics?

    Tex can dish it out. I’ve been on the receiving end myself.

    You know what I didn’t do? Mock Jesus Christ. That makes you a chump and on the level of some of those zitty kids you disdain so much.

    Lastly, I don’t have some grand theory here. The Fed is a clandestine organization of elites that claim to act in our own best interest. The catch is we are not allowed to see what it does. Maybe it is a good thing.

  41. “As opposed to the guy got just enough education to regurgitate 10-year old powerpoints to little zit-faced morons you’ve managed to convince, in their inexperience, that you are something special. Yeah…you’ve certainly been challenged, haven’t you?”-Hucking

    Hey….I’m not so full of myself that I can’t give props to some funny internet flaming.

    As for your education thats more super duper then my education, damn, it appears your are pretty much demanding we all prop you up as an authority. After all, none of us have all your “specialized” education. We all should have taken heed of that fact. (Then again….we can always catch up thanks to Wikipedia!)

    From all of us at this blog, Professor, we apologize.

    You said I don’t pay my bills. You should have said bill. My mortgage. And, yes, there is a very good chance my ass burns in hell for it.

    Even worse, I quit paying “my bill” and essentially “bet” against the dollar. There should be a special place in hell for me.

    So, while you bog your family down in endless debt, chasing your hobby, the Rabbit played unethical hard ball.

    I did exactly what you told me nobody should “whine” about.

    That makes us both hypocrites.

    I don’t have some grand theory on monetary policy.

    All I know is that there is a clandestine financial institution run in secrecy by elites who claim to have our best interests in mind.

    Who knows, maybe they do?

    There is also rampant and documented corruption in the relationship between banks and government.

    I am nervous. The Fed is buying government bonds with money freshly printed by the treasury.

    Nobody can explain to me how QE2 isn’t money printing. Can you?

    Why? Why do this after TARP and the original Fed injections after the melt down.

    This is unprecedented. All of it.

    Is it hurting Americans? It seems that way. Just look at Commodities!

    At the same time, we are seeing unprecedented upheavals through out the 3rd world. Just like anyone with common sense would predict!

    I want to know how much monetary policy effects geo-politics. You should too.

    If the Fed is artificially raising the demand on U.S. treasuries, forcing the fuck stick bailed out bankers to loan because the yield sucks, doesn’t this, by default, create a huge bubble in, say, the Dow? And the Fed can’t do this forever or the dollar will be fucked.


    What if a massive bubble is being blown up once again by an intrusive Nanny mind set?

    Does this sound like a free market to you?

    Is there any true debate within the Fed?

    Could one person’s agenda hijack the Fed? What would be the ramifications?

    Until you make an attempt to wrap your mind around the world economy and American monetary policy, your nothing more then a very expensive Cliff from Cheers.

    Oh yeah….one more thing.

    The S&P or the Dow will be real interesting this summer going into fall.

    So far, my new found common sense has steered me right.

    I predict one of either two things. Either 15% correction in the Dow or ……Rabbit drum roll………. Q3


  42. Huck, I don’ t care if you mock Christianity. Really, I don’t. My purpose has never been to proselytize here – just defend the faith with challenged.

    If you think pursuing a doctorate is the highest calling, who am I to argue? Trust me, you’re screwing the pooch a lot worse than getting an education.

    Education is a noble pursuit. Just not the highest pursuit. But don’t arrogant and patronizing, believing yourself all knowing by getting a Masters. Basically, your major is rote memorization and little in application. Critical though from rote memorization doesn’t gather you much outside a classroom. Education is minimal in utility compared to the life experiences of a reality.

    Some of the dumbest people on the planet have a PHD behind their name.

  43. Yeah, I think I’m going to short the S&P.

    I’m going to buy a put option for September.

    I’m so due to get my ass kicked. I have to quit doing this shit.

    However, I smell a bubble.

    Let the Bears run wild!

  44. I want to know how much monetary policy effects geo-politics. You should too.
    I’d put it to you that the two are intrinsically linked. Ones damnation as well as ones salvation is dependent on that. ( I mean that in the non-spiritual way)

  45. I can only offer how I see things as an opinion not stated/purported fact.
    I think geo-politics have obvious impacts on markets for a gazillion reasons. I also think markets have shown throughout history that they can impact politics. Think how Depression provided the the fertile ground for Nazism,fascism and communism.
    As for the damnation salvation thing. Well I think we all are indeed too beholden to the whims and negligence of a few. This can cause many issues. On the other hand at what point does the power players say “Wait a minute we can’t allow “X” to happen”. Think how contrary to what some greenies believe the lumber industry has no intention of chopping down every tree on the planet.
    Bottom line I don’t believe the power players have the desire to watch the world burn forever.
    I apologize in advance if I’ve just taken 5 minutes of your life away that you’ll not get back.

  46. To those who said I’d make a lousy accountant (probably true), let me explain my simple-minded point. One of the primary reasons someone gets a bigger refund year-to-year, all other things being equal is that the damn tax rate went down. Obama lowered taxes on most people in the first years of his admin including 99% of the Tea Party Patriots, yet they scream about higher taxes.

    My challenge simply involved seeing how many of you truly have a right to belly-ache on the tax issue. Sounds like Alfie may be the only one so far.

  47. Rabbit, looks like you got two rants against Huck for the price of one. Your first one landed in my spam filter cos you accidentally called yourself Hucking.

  48. Sounds like Alfie may be the only one so far.

    Then you must not have read my post in reference to your queston. Because you still haven’t made a correct statement yet concerning our “taxes”.

    There isn’t a soul in the United States that has gotten lower taxes from Obama – he did increase numerous times the maximum credit line on the national credit card.

    I’ll assume to a flunky in finance and economics like you, that’s a good thing and indicator of success….

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