Economics 101

English: Cropped version of File:Official port...

English: Cropped version of File:Official portrait of Barack Obama.jpg. The image was cropped at a 3:4 portrait ratio, it was slightly sharpened and the contrast and colors were auto-adjusted in photoshop. This crop, in contrast to the original image, centers the image on Obama’s face and also removes the flag that takes away the focus from the portrait subject. (Photo credit: Wikipedia)

“You didn’t make this,” said Barack Obama during the 2012 campaign and the GOP made a big deal of it, even adopting the idea as the theme of their convention. Apparently Barack was paying more attention in class than Mitt and the business-oriented leaders of the GOP did. The standard text in Economics 101 is Economics by Samuelson and Nordhaus. The quote below is from the 17th edition.

“It is only too clear that all of us reap the benefits of an economic world we never made. as the great British sociologist L. T. Hobhouse said: The organizer of industry who thinks that he has ‘made’ himself and his business has found a whole social system ready to his hand in skilled workers, machinery, a market, peace and order–a vast apparatus and a pervasive atmosphere, the joint creation of millions of men and scores of generations. Take away the whole social factor and we [are} but…savages living on roots, berries, and vermin.”

Jeb Bush

Jeb Bush

Jeb Bush (Photo credit: Wikipedia)

Jeb Bush is rightly considered to be the better Bush, but considering his father’s and his brother’s records, that is not saying much. For me to even consider him in 2016, he must speak honestly about both his brother’s record in office and President Obama’s record. I will accept neither “mistakes were made” nor the usual GOP lies. The only words I will listen to are honest ones.

The big game

English: Official photograph portrait of forme...

English: Official photograph portrait of former U.S. President George W. Bush. Português: Foto oficial de George W. Bush, presidente dos Estados Unidos da América. (Photo credit: Wikipedia)

Every four years, administration teams play a game of football to determine which team represents the worst president in US history. The winning team is awarded the Black Cup, for Buchanan’s Attorney General Jeremiah S. Black, which it retains until the next game to be played by a team representing a president who has completed a full four or eight year term. If a president has not served a full term, then there is no game played that year. The first game was played between teams representing Presidents Pierce and Buchanan in 1860. That game was won by the Buchanan administration and the Buchanan team went undefeated for 148 years until it was defeated by the George W. Bush team in 2008.

There were several close games in the years that followed 1860. The Grant team managed to send the game into overtime in 1876. The Harding team was expected to perform well in 1924, but Harding passed away in 1923. Hoover gave Buchanan a rough time in 1932. Because of WW2, no game was played in 1944, and FDR was too ill to participate anyway. George W. Bush gave the Buchanan team a scare in 2004, but Buchanan maintained his undefeated, untied string of victories until being blown away in 2008. Bush won easily in 2012. The GOP are trash talking President Obama now for the 2016 game. However, if they succeed in impeaching him, there will be no game in 2016. That will mean the next game to determine the worst president will be held in 2020. George, your possession of the Black Cup is secure for now.

We’re not racists

President Barack Obama and the First Lady Mich...

President Barack Obama and the First Lady Michelle Obama dancing at the “Obama Home States Inaugural Gala.” The event took place at the Walter E. Washington Convention Center in Washington, D.C. (Photo credit: Wikipedia)

When they insult President and Michelle Obama or disrespect the office of President, Republicans insist they are not racists. It is because Barack and Michelle are Democrats, not because they are black. When Republicans act to restrict voting rights, it is not because they are against blacks or women or gays or youth or unions or Latinos, it is because those groups tend to vote Democratic. When Republicans vote to restrict reproductive rights, it is not because they are warring on women, it is because they are pro-life. If men could bear children, then Republicans would restrict their reproductive rights too.

Pity the Billionaire

English: President Barack Obama meets with Pre...

English: President Barack Obama meets with President Clinton in the Oval Office 4/21/09 Français : Le président Barack Obama recevant l’ancien président Bill Clinton dans le bureau ovale (Photo credit: Wikipedia)

Pity the Billionaire, The Hard-Times Swindle and the Unlikely Comeback of the Right by Thomas Frank.

It is Frank’s contention that Barack Obama would have gotten better results in his first term if he had followed the FDR model instead of the Bill Clinton model.

“Moneyed interests understand that with no second FDR, no incorruptible new cop on the financial beat, no return to the rules that once made banking boring but safe, they have nothing to fear from us, and may do as they please. This is the real  tragedy of the Great Recession.”