• 1 hour Tesla Reveals Its New Cybertruck
  • 1 day Low Prices Plague Beleaguered Lithium Miners
  • 2 days Is This The Big Biotech Bust?
  • 2 days Funding Is The Biggest Hurdle For Clean Energy
  • 3 days Walmart Reaches Out To Chilean Government For Protection
  • 3 days The Most Exciting Gold Find Of The Decade
  • 3 days Mining Boom Sparks Deforestation Concerns
  • 4 days The Cannabis Culling Has Wall Street Disappointed
  • 4 days Vigilante Offers $100,000 Bounty To Hack Banks
  • 5 days The Dairy Industry Is Dying
  • 5 days The Most Impressive Electric Vehicle Of The Year
  • 6 days Gold Miners Are Having A Stellar Second Half
  • 7 days How 3D Printing Is Turning Each And Every Industry On Its Head
  • 7 days Is The $3.5 Trillion Healthcare Industry About To Get Much More Transparent?
  • 8 days Gamblers Are Betting Big On Trump’s Impeachment
  • 8 days Even Banks Can't Answer Aramco's Trillion Dollar Question
  • 9 days Will Bezos Buy The Seattle Seahawks?
  • 9 days 6 Tech Trends Transforming The Travel Industry
  • 10 days Ousted Uber CEO Cashes Out $500 Million In Stock
  • 10 days Trump Prepares For Another Key Tariff Decision
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

  1. Home
  2. Markets
  3. Other

Brilliant Bullshit!

On Tuesday evening I watched president Obama's state of the union address. It was brilliant.

Obama rang all the bells, dotted all the i's, and attacked all the ghosts. At times, he even made sense.

All in all, it was a brilliant effort, possibly his best speech ever, even though his speech was essentially bullshit.

In case you missed that speech, whether by accident or out of disgust, here is a Transcript Text of President Obama's 2016 State of the Union address.


Video Ad Libs

Obama deviated from his prepared transcript greatly. Here is a video for interested parties.


Belief in Change

In his address, Obama said "I believe in change because I believe in you".

That's ironic because his first campaign slogan was "Change you can believe in". People believed in change but what change did Obama deliver?

Despite promises, we are still in Afghanistan. Despite promises, we did not close Guantanamo Bay. The Mideast is a bigger mess than ever.

US unemployment is indeed half of what it was when Obama took office. But who gets the credit for that?

The answer is retiring baby boomers dropping out of the labor force by mad. Any US president would have achieved the same result by doing nothing. Obama gets to brag because he is lucky enough to be in office at the time.


Doing Things

Obama did do things. Obamacare was a disaster. But he bragged about it.

Obama's treaty with Iran is his single most positive accomplishment in eight years, but that's in dispute by many on the left and right.


Affordable Education

From the left, Obama received massive applause for affordable education.

Affordable "anything" would get applause from socialists. Yet, "affordable education" will drive up costs every bit as much as "affordable housing".

Without a doubt, history shows that any time government sets out to make something "affordable", the opposite happens.

Dare I ask: Were Bush's "Ownership Society" and "No Child Left Behind" programs all that different from Obama's proposals?


Pure Political Bullshit

75% of Obama's speech was purely political bullshit. Proving the sorry state of divisive politics, Obama received little applause, even on topics where he was right.

Campaign finance reform was one such topic.

Congress is clearly bought and sold by special interest groups. On the left, unions rule. On the right, bankers rule.

In general, neither party really wants reform. If they did, we would have had reform by now.


Hypocrisy in Action

Had a Republican given the exact same speech (stripping out global warming and other obvious nonsense), Republicans would have applauded every step of the way.

Obama's mention of "No Child Left Behind", a ridiculous program of the Bush administration, was nothing short of brilliant.

Republicans cheered Bush's program at that time. Curiously, there was dead silence from the Republican side of the aisle when Obama praised it.

Had a Republican bragged about taking out Osama Bin Laden, Republicans would have cheered like mad and Democrats would have been silent. We saw the opposite.


Brilliance Explained

Obama's SOTU speech was pure brilliance. With just a few minor tweaks, either party could have given the same speech, with accolades from their party.

That's "brilliant bullshit" at its finest.

 

Back to homepage

Leave a comment

Leave a comment