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Rick Santelli Discovers The Real World

Dr. Dismal, or Why Obama Is Likely Doing A “Sarkozy”

No, I am not suggesting that President Barack gets rid of Michelle and marries an Italian Supermodel or two, with a wild past and a musical career. What I am referring to, is the tactic of getting ready for re-election by… lowering expectations!

Paris-based Nicholas too, in fact, came to power with enormous hopes by an electorate ready for anything. Everything fizzled out quickly though, with Sarko more interested in reforming his bed companionship than the economy.

The positive thing is that nowadays, when he achieves anything concerning his Presidency, Sarkozy is hailed as the next best thing after the invention of the baguette, with a good chance of getting re-elected. Had he not performed so miserably during the first few months, he would have had instead to forever run after his own Myth, bound to certain political disaster and electoral defeat.

Expect a few more weeks of Dr. Dismal at the White House then. It is just too early to sparkle for 2012…

White Man Given Nation’s Worst Job

Great satyrical point made as usual by The Onion last November.

But perhaps the really worst job of all is not Obama’s, but Joe Biden’s: because a President Biden would mean that Obama had died, likely killed.

And if that wouldn’t take the USA to the brink of another civil war, I don’t know what would.

Gaza: All Obama’s Fault?

No surplus of scruples, in the Israeli Government…now they are not even trying to hide the fact that all 22 days of Gaza bombing may have been a last-chance effort at pounding Hamas and the Palestinians, before Obama could stop everything.

JERUSALEM (CNN) — Israel plans to have its troops out of Gaza as soon as possible […] The official, who declined to be named, said that the withdrawal could be complete before U.S. President-elect Barack Obama takes his oath of office in Washington at noon ET Tuesday — 7 p.m. in Israel — though commanders have not been given that deadline.

Barack On Their Minds

My mind is clearer now.
At last all too well
I can see where we all soon will be.
If you strip away The myth from the man,
You will see where we all soon will be. Barack!
You’ve started to believe
The things they say of you.
You really do believe
This talk of Change is true.
And all the good you’ve done
Will soon get swept away.
You’ve begun to matter more
Than the things you say.

Listen Barack I don’t like what I see.
All I ask is that you listen to me…

Well, dear Barack, last time somebody entered the Capital city among hosannas, we all know how it all ended.

Time to “do a Sarkozy” then, and launch into 100 days of serial disappointments in the eyes of everybody, just enough to lower expectations thereby making success a tad easier to claim.

Bleak Future for the SEC

President-elect Obama has selected Mary Schapiro as new Chair of the U.S. Securities and Exchange Commission. And that doesn’t appear to be the beginning of the much-indeed shaking of the financial industry.

Trouble is, in fact, that Mary Schapiro became in 2007 the Chair of the Financial Industry Services Authority, the new grandly-named self-regulatory body that…dropped the number of large fines just as the latest financial crisis was starting to brew, in 2006.

How can a 20-year-long-career regulator be trusted in remaking the whole regulatory “oversight playbook” is anybody’s guess. The only positive point is that with expectations very very low, Ms Schapiro can only succeed…