Friday, February 20, 2009

Time Well Spent...



The blind love affair the media (FOX News excluded) has with Barack Obama is overt, obvious, and irrefutable. To give credit where credit is due, the media makes no attempt to hide their unabashed love and admiration. Throughout the campaign, and these first several weeks of his presidency, Obama has come to expect blind, no questions asked loyalty from the media. The media, for the most part, has acted in conformity with Obama's expectations. That is until yesterday...

Yesterday afternoon, Rick Santelli, an analyst for CNBC, was reporting from the floor of the Chicago Commodities Exchange. Mr. Santelli asked the traders what they thought about Obama's recently proposed housing bailout plan, to which the traders responded with a chorus of boos. Mr. Santelli then went on to voice his disapproval of the plan and the many reasons he felt supported his position. Pundits, and their many criticisms, have been around for decades. They just come with territory, as do their criticisms. That is unless you are Barack Obama. Throughout the campaign and his presidency to this point, political pundits have essentially given Obama a free ride. That being the case, one cannot be surprised that Obama would not have expected to hear any criticism about his housing proposal. The Whitehouse's reaction to the criticism, however, was quite surprising. In the press briefing today, the Press Secretary took several minutes to specifically address Mr. Santelli's criticism of Obama's proposal. The Press Secretary held up a copy of the proposal and told Mr. Santelli to read it. A great argument, because we all know that someone who lives and breathes the stock market on a daily basis could not possibly understand the fundamentals...

Let's all hope that none of Obama's remaining plans and proposals over the next four years are crticized in any way shape or form. If they are, all we will get to hear during Whitehouse press conferences are responses to the individual opiners of each and every criticism.

1 comments:

Anonymous said...

You tell 'em, Mr. Santelli! We need a voice of reason to be heard above the bandwagon's din accompanying the (perhaps not-so) insidious onset of socialism. - Mom

 
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