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    Don’t Allow Yourselves to Be Bamboozled, America - Obama is One of This Nation’s Greatest Presidents

    Beneath the Spin * Eric L. Wattree

     

    Don’t Allow Yourselves to Be Bamboozled, America - Obama is One of This Nation’s Greatest Presidents
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    There are Many people in the country who are going to accuse me of being an Obama cheerleader for what I’m about to say, but I’m not. My definition of a cheerleader is an ideologue who defends the leader of his or her team whether they are right or wrong. That’s not me. As a non-ideological progressive, I’m against mindless ideologues of any and every stripe. I’m a cheerleader for truth and for justice towards all, and it is my position that if you follow truth in the pursuit of justice, that negates the need to be ideological, because truth has no ideology, and neither does justice - and the truth is, Barack Hussein Obama is proving to be one of the greatest presidents that this country has ever had.
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    A conservative might challenge my assertion by saying, "You admit to being a progressive. Isn't that an ideology in itself?" In response to such a challenge, I would assert that it is not. To be a progressive is to be cognizant of the fact that this country needs change, as oppose to "conserving" the dysfunction of the past, or the status quo. So to be a progressive is not an ideology; it's merely a simple recognition of reality.
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    But, of course, there are many ideologues who are going to scoff at that assertion, because they’ve been blinded by the fog of their own ideology. For the same reason, there are many people in this country who are DETERMINED that you NEVER find out the truth about Barack Obama - which again, is, he is one of our GREATEST presidents - in fact, possibly among the top three. But he won’t get the recognition that he deserves until he passes in to history and his administration can be assessed objectively, and free of politics, self-service, and emotion.
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    There are three reasons why Obama critics are desperately trying to obscure the significance of Obama’s accomplishments. First, his competence blows the theory of White superiority all to Hell; secondly, White bigots are afraid that Obama’s success will cause the nation to want to elect more Black presidents, senators and congresspersons; and finally, Black "bligots" see Obama’s very existence as a slap in the face to their personal status, and their delusions of grandeur.
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    As a result, Obama’s critics are trying to keep America focused on their criticisms whether than the President’s accomplishments, which are numerous. A small example of which are listed directly below (with a more extensive list as an attachment at the end of this discussion) - any one of which, alone, would have insured any president a favored place in history:
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    1). He averted a second global Great Depression with his stimulus initiative.

    2). He Brought America back from the Bush Disaster.

    3). He saved the American auto industry.

    4). He brought Osama Bin Laden to justice.

    5). He punished Wall Street and got the American Taxpayer reimbursed for the Wall St. Crash.

    6). He’s brought affordable health care to millions of Americans.

    7). He’s lower the national deficit to its lowest point in 60 years.

    8). He averted a war with Syria and got them to destroy their chemical weapons.

    9). He’s got Iran to allow nuclear weapons inspectors broader access to their nuclear facilities.

    10). He’s accomplished all of this with the Republican Party fighting him tooth-n-nail every step of the way.
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    If George W. Bush and the Republicans had been as competent in handling 9/11 and the Iraqi war, it would have saved over a trillion dollars, a million Iraqi lives, and the lives of thousands of American troops who were either killed or wounded in the Iraqi atrocity. 
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    Just imagine what Obama could have done - and still do - with a RESPONSIBLE Republican Party. Naturally, Obama haters are going to vehemently disagree with this assessment of President Obama, but when they do, simply ask them who was a greater president, and why? Then watch ‘em squirm.

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    Eric L. Wattree http://wattree.blogspot.com/
    http://wattree.blogspot.com/
    [email protected]
    Citizens Against Reckless Middle-Class Abuse (CARMA)
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    Religious bigotry: It's not that I hate everyone who doesn't look, think, and act like me - it's just that God does.

     

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    From ThinkProgress:

    The six largest banks made about $76 billion in combined profits in 2013, an annual haul second only to the $82 billion in total profits the banks recorded just before the financial crisis in 2006.

    Morgan Stanley recorded $3.1 billion in profit for the year. Goldman Sachs netted $8 billion, Bank of America $11.4 billion, Citigroup $14.1 billion, and JP Morgan $17.9 billion, according to the Wall Street Journal.

    wsj-bankprofits2013

    CREDIT: Wall Street Journal

    Wells Fargo led all U.S. banks with an annual profit of $20.9 billion. The six banks together hold assets with a net worth equal to 58 percent of the U.S. economy, a record level of industry concentration.

    The strong profits signal that for bankers, at least, the pain of the financial crisis has passed. “The industry is back,” financial analyst Gerard Cassidy told the Journal, adding that he expects 2014 bank earnings to break all existing records. The resurgence isn’t limited to the six largest banks, either. The industry as a whole is expected to break profit records for 2013 once all 6,900 banks’ paperwork is tabulated, and banking companies have returned to dominate major listings of the country’s most powerful companies.

    While bank profits are rebounding rapidly, the rest of the economy hasn’t been able to shrug off the Great Recession so quickly. Unemployment remains high, job openings are few, and those lucky enough to have work are earning less than they did a few years ago. Millions work full time but earn too little to keep their families out of poverty. Those hardships are part of the legacy of the financial crisis that highly-profitable banking companies helped to bring about — a crisis that cost the world at least $6 trillion and possibly as much as $20 trillion, by one estimate.

    Some banks have been forced to pay legal settlements to resolve investigations into their roles in triggering that $20 trillion economic bomb. But set next to that overall crisis figure for the crisis, punitive legal deals for banks like JP Morgan and Bank of America look microscopic. Flaws in the deals mean taxpayers will subsidize some of the price tag, cushioning bank profits from the blow. Deals like JP Morgan’s and Bank of America’s are largely tax deductible and often give the banks credit for taking actions that are already in the company’s best financial interest.


    Washington Post


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