It’s All About Obama?…

barack obamaWow!  According to pretty much the entire media industry, Obama was given a stern rebuke by we voters, akin to getting his hand slapped by his body-politic mothers for dipping one too many times into the cookie jar.

Wow, are they wrong.

As much as both the “liberal” media and the conservative Republicans want us to believe voting outcomes were about Obama – anti “Obamacare”; anti Obama compromises; anti Obama big government – this mid-term election overhaul was in fact about nothing more than people being unhappy and believing the only power they had to do something about it was to vote out members of the ruling majority.

And the truly unfortunate reality of doing so, is voters kind of did the nose-cutting-off-face thing, having not done their homework on what they got from the major legislation enacted while those folks were in office.  And what they could now lose after “voting out the bums…”  Here’s just a few:

  • The healthcare legislation as it stands will reduce the deficit by an estimated $138 billion over 10 years (according to the non-partisan Congressional Budget Office), and new healthcare plans will be required to cover preventive services with little or no cost to patients
  • The financial regulatory reform law restricts the ability of banks whose deposits are federally insured, from trading for their own benefit, so never again will we see banks trading on their own financial securities like mortgage-backed assets, the big-bank pocket-stuffing practice that precipitated the credit crisis, thus the Great Recession in 2008
  • The EPA’s power to reduce greenhouse gasses shown conclusively to be harmful to our health (such as high levels of mercury & lead spewed from coal-burning plants) as reinforced by the US Supreme Court

Finally, if that doesn’t convince you, here’s an excerpt from a recently published article about possible changes to the healthcare legislation that will be attempted by many of our newly elected, on favstocks.com:

“Congress might attempt to dismantle the bill piece by piece.  One provision that many people want to remove is the individual mandate, which will require most Americans to obtain health insurance or pay a tax penalty.  This provision also kicks in in 2014, and it’s one that Baby Boomers in particular will want to fight to keep.

Here’s why: Beginning in 2014, private insurance companies will no longer be able to refuse to insure someone because of a pre-existing condition.  But without an individual mandate, there will be no incentive for younger and healthier people to purchase health insurance until the time comes when they need it.  This means those left in the insurance “risk pool” will be older, and that drives up the cost of insurance.

By the time we reach 50, nearly all of us have “pre-existing conditions.”  Some of our conditions are common, and some are not – mesothelioma, for example, is rarely diagnosed in patients younger than 50.  And without Medicare or other good insurance, mesothelioma treatment would be financially devastating.

But without the individual mandate requiring that healthier people share in the cost of insuring all of us, the health insurance premium bills for people aged 50 to 65 will be ruinous.”

RE: "An Open Letter to Obama" by Lou Pritchett

This letter, originally written to the NYTimes by businessman & author Lou Pritchett, but not printed there, has been recently picked up by bloggers in search of material to keep their base “mobilized” and as a result, email-forwarders…which is how I learned of it. 

So…here is my take in the hope of providing some needed perspective, on Mr. Pritchett & his letter.

On Mr. Pritchett’s “living legend” status:

Lou Pritchett did write a very successful book, and has made a fortune as a result, but that doesn’t make him the “living legend” he is purported to be.  By all accounts by the giants of commerce, the true legend of American innovation and business management is Peter Drucker, known as the “father of modern management” – to support this:

“The world knows he was the greatest management thinker of the last century,” Jack Welch, former chairman of General Electric Co. (GE ).

“(Drucker) was the creator and inventor of modern management,” said management guru Tom Peters. “In the early 1950s, nobody had a tool kit to manage these incredibly complex organizations that had gone out of control. Drucker was the first person to give us a handbook for that.”

Adds Intel Corp. (INTC ) co-founder Andrew S. Grove: “Like many philosophers, he spoke in plain language that resonated with ordinary managers. Consequently, simple statements from him have influenced untold numbers of daily actions; they did mine over decades.”

Now, on to Pritchett’s fears:

You scare me because after months of exposure, I know nothing about you.

A simple search on Webcrawler brings up 3 pages in information on Obama the man, the Senator, the Pres, etc. – much more w/a basic Google search – and that doesn’t include two well published books he wrote about his life & beliefs, which no other modern President did prior to holding office – the only thing missing is an invitation to dinner…there is just as much, actually more, information about Obama as there is/has been for any other President, living or dead – so we all know no less, and in fact more, about Obama as we did other Presidents

You scare me because I do not know how you paid for your expensive Ivy League education and your upscale lifestyle and housing with no visible signs of support.

Go to http://www.snopes.com/politics/obama/money.asp for all the information you want on how he paid for everything;

You scare me because you did not spend the formative years of youth growing up in America and culturally you are not an American

The first 6 years of his life (considered to be the most formative by any psychological standard) were spent in Hawaii; he spent 4 years (from age 7-11) in Indonesia, and the rest back in Hawaii – Hawaii is still a State in our Union last I heard…in comparison, John Quincy Adams spent 8 years in France & Russia with his father, Barry Goldwater was born in an AZ territory that at the time was not part of the US, & John McCain was born in the Panama Canal Zone Y there has still been no resolution as to whether that makes him a “natural born citizen”.

You scare me because you have never run a company or met a payroll.

Neither did Ronald Reagan…

You scare me because you have never had military experience, thus don’t understand it at its core.

Neither did Clinton (who the military loved…),  Roosevelt (FD) Hoover, Coolidge, Harding, Wilson, Taft, Cleveland, VanBuren, JQAdams, and John Adams, the man without whom we would not have attained American Independence when we did.

You scare me because you lack humility and ‘class’, always blaming others.

I’m guessing, then, that your fellow corporate CEO’s/CFO’s etc., like the Enron & Countrywide guys, also scare you, as they became famous for passing the blame and some of the classiest are now in prison or dead…

You scare me because for over half your life you have aligned yourself with radical extremists who hate America and you refuse to publicly denounce these radicals who wish to see America fail.

John Adams was considered a radical extremist by his fellow representatives in the Continental Congress, for having the audacity to insist on American Independence…

You scare me because you are a cheerleader for the ‘blame America’ crowd and deliver this message abroad. 

Humility, which includes admitting mistakes as Obama has done, is difficult for most of us, but here’s a few folks you’ll recognize who believe doing so is not only right, but expected by our highest power:
And whosoever shall exalt himself shall be abased; and he that shall humble himself shall be exalted.
(Matthew 23:12)
Let another man praise thee, and not thine own mouth; a stranger, and not thine own lips.
(Proverbs 27:2)
Blessed are the meek: for they shall inherit the earth.
(Matthew 5:5)
And whosoever shall exalt himself shall be abased; and he that shall humble himself shall be exalted.
(Matthew 23:12)

You scare me because you want to change America to a European style country where the government sector dominates instead of the private sector. 

In fact, the only Western European country that has a government dominating all commerce (socialism) is….none…Eastern European countries rely much more on the old socialist style left over from their communist days, but they too are quickly changing to a Western (starting in Western Europe) economic system, based in capitalism.  Having a government run healthcare system, as does England & Canada for instance, does not logically translate to all commerce being government run….

You scare me because you want to replace our health care system with a government controlled one. 

That’s funny!  Adding to the humor of this one is that many of those polled who are against any health care plan under government control are on…Medicare…a “socialist” government controlled health care plan…or happily took (or will take) advantage of the GI Bill that offered government stipends & “unemployment funds” – government run…

You scare me because you prefer ‘wind mills’ to responsibly capitalizing on our own vast oil, coal and shale reserves.. 

It surprises me that someone who is known for thinking progessively, changing the way corporate America operates and which even more ironically is about change management, is holding onto energy producing technologies developed in the late 19th Century.  Taking carbon from the ground, and ultimately placing it in the air, makes as much sense as smoking, or inhaling fumes from a burning building – this is why people can kill themselves by turning on the car in a closed space…and waiting… The virtue of these energy sources (oil/coal/shale) is none more than “it’s how we’ve always done it” which not only flies in the face of his corporate thinking, but shows an unfortunate desire to stick with “technology” founded during a time when they also used mercury and lead to “cure disease”…

You scare me because you want to kill the American capitalist goose that lays the golden egg which provides the highest standard of living in the world. 

When he wrote this, we were in the thoes of the worst financial/economic melt-down since the Great Depression as a result of unregulated corporate shell games founded in greed that left millions losing their homes and jobs… and this is telling coming from a man who is a member of the 1% of the population for whom that goose lays those eggs (according to the most frequently used gauge of income distribution, the Gini coefficient, the top 1% of Americans take in 22% of all income, that figure was 7% in 1976; between 1967 & 2007, the lowest earners’ income increased approxmately 25%; the highest earners’ increased approximately 43%; the middle class fared the worst with an increase of approximately 24%).

The problem is not captalism, but captialism run amok, which is what Obama has stated clearly he wants to fix – this does not constitute elimination of it.

You scare me because you have begun to use ‘extortion’ tactics against certain banks and corporations. 

See “capalist goose” above

You scare me because your own political party shrinks from challenging you on your wild and irresponsible spending proposals.

Gee, didn’t we say this about the Republican party when they were in power…which is why they were ousted by a majority of the US electorate?

You scare me because you will not openly listen to or even consider opposing points of view from intelligent people. 

Not considering and not agreeing are two very different things…he clearly considers…unless you include in this group of intelligent people the “birthers” and the “tea-baggers” and then most of us tune out, too…  In fact opposing points of view are aired and considered regularly, which is why the HC reform package did not go through when Obama wanted it to, too much opposition from both the Republican & “Blue Dog” Democrat representatives, and if you follow the progress of the bill closely, you will see the numerous changes made to the bill as a result of listening to these opposing views

You scare me because you falsely believe that you are both omnipotent and omniscient.

You know, the saying goes that Caridiologists think they’re God, Neurologists and Bankers KNOW they’re God; from the economic facts before us with which we “common folk” must now live, it was in fact Pritchett’s fellow Corporate folks, particularly bankers & insurance company execs, who thought of themselves as God-like, making broad and dangerous decisions for us all, the price for which we all now pay dearly with our homes and incomes

You scare me because the media gives you a free pass on everything you do. 

I guess Fox News, the Wall Street Journal, The Free Republic, and the Washington Times, to name the 4 most recognizable outlets of the 34 most read/heard outlets (e.g. there’s many more on local levels, such as WGUL in Tampa Bay) don’t count as media…?

You scare me because you demonize and want to silence the Limbaughs, Hannitys, O’Relllys and Becks who offer opposing, conservative points of view. 

Wait…I thought the news media gives him a free pass?  And last I saw/heard, all of these individuals were soundly viewed/heard daily on their respective shows; Obama has spent little if any time speaking about these folks.

You scare me because you prefer controlling over governing. 

There is no such thing, as Republicans learned the hard way, as “controlling” much legislatively, particularly for the President – our Founding Fathers saw to that.  And Obama has a long way to go to match let alone surpass truly controlling behaviors like we see when health insurance companies refuse treatments just when folks need them, or cancel policies because a person has gotten an expensive diagnosis.

Finally, you scare me because if you serve a second term I will probably not feel safe in writing a similar letter in 8 years. 

Finally, given the flack he is receiving from the extreme right (see “non-existent conservative media sources” above) after just 8 months in office, if Obama wins a second term, Mr. Pritchett and folks who agree with him will know clearly that their notions are not sustainable, so will have no need to write something like this…again.

Lou Pritchett 
Terri Benincasa