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Obama Crossover

When I was in middle school there was a kid named Bubba who played basketball with me. I can clearly remember the first time I played defense against him because, in spite of him being skillfully even with me, he beat me over and over again.  The reason was fairly simple, he was left handed.  I wasn’t used to guarding left handed players so when he started right only to crossover to his dominant left, I took the bait.  Eventually, however, I caught on and guarded his left side hard…and as it turns out, Bubba couldn’t go right. 

Today our President signed an executive order and made his announcement of this order in the opinion section of the Wall Street Journal.  The order calls for “balance” to the federal regulations and an end to “unreasonable burdens on business—burdens that have stifled innovation and have had a chilling effect on growth and jobs.”

The opening sentence sounds too good to be true and, in fact, it is.  This whole executive order is nothing more than what John likes to call “snake oil”.  The President is obviously trying to throw a symbolic bone to the right while opening up a route for his progressive agenda.  This is precisely why he wrote in the WSJ and opened it with right leaning rhetoric.  But if the President thinks he can pull a fast one on us, he’s mistaken.

The problem with this EO starts out with the definition of “balance” in regards to regulation and the free market.  What exactly does he mean by balance?  After Pelosi’s 111th congress set the highest regulatory expenditures in the history of the country ($26.5 billion with 195 major rules still up for review), one would assume that the President means to bring balance by cutting back on regulation.  That doesn’t seem to be the message sent when you compare recent history to his line “Over the past two years, the goal of my administration has been to strike the right balance.”  Does he mean that the last two years were a failure or a trailblazing toward his interpretation of “balance”?  Perhaps this will give us a glimpse.

“At other times, we have failed to meet our basic responsibility to protect the public interest, leading to disastrous consequences. Such was the case in the run-up to the financial crisis from which we are still recovering. There, a lack of proper oversight and transparency nearly led to the collapse of the financial markets and a full-scale Depression…Where necessary, we won’t shy away from addressing obvious gaps: new safety rules for infant formula; procedures to stop preventable infections in hospitals; efforts to target chronic violators of workplace safety laws. But we are also making it our mission to root out regulations that conflict, that are not worth the cost, or that are just plain dumb.” – President Barack Obama

In other words, he’s not backing off at all.  While citing the lack of oversight as the primary factor in the financial meltdown he completely ignores the role that government played in pushing the high-risk mortgages.  Federal interference was a major part of the problem, yet it’s used to sponsor regulation rather than reduce it.  Obama continues a mantra that is pro-regulation because his basic philosophy is contrary to individual responsibility and dynamic markets.  He believes that government knows best how to regulate in spite of the mountain of evidence that he cites in his own op-ed.  Unfortunately, regulations, no matter how pure in intention, eventually operate in the interest of politics at the expense of individuals.

 “We’re also getting rid of absurd and unnecessary paperwork requirements that waste time and money. We’re looking at the system as a whole to make sure we avoid excessive, inconsistent and redundant regulation.”

If the President were serious about this he would start by getting rid of the IRS and all of their unnecessary paperwork requirements that waste time and money.  Is it not part of the whole system?  Is it not full of inconsistencies and redundant regulation?  How about his newly passed Obamacare legislation that is full of regulatory guidelines and legalities?  Any chance he’s going to follow through on these projects now that he’s seemingly conceded that over-regulation hurts the job market and private enterprise?  No. 

The President is still patting his back on his own regulations such as those he implemented on credit card companies that made illegal their so called “hidden fees and penalties”.  The fact is that those penalties and fees weren’t hidden at all and the regulations had some terrible unintended consequences

Finally, his instruction to federal agencies in regards to take on a “retrospective analysis” of current and future regulation is little more than an unfulfilled executive order that President Clinton signed in 1993 [Executive Order No. 12866].  I have no reason to believe that such a promise will be fulfilled this time around. 

The President is a basketball player and a politician.  He has perfected his crossover move – it’s his form of triangulation.  Some people may fall for his fake to the right, but he’s a lefty both on the court and in politics.  He’ll fake toward common sense deregulation and then, when he sees his opening, come back with the most expansive regulatory laws this nation has ever seen…. Cap and Trade anyone?  Guard to the left because this guy can’t go right.

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RightHandMan

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  • […] This post was mentioned on Twitter by righthandmansj, righthandmansj. righthandmansj said: /http://tinyurl.com/4ck2seg – Clinton's Triangulation = Obama's Crossover […]

  • Ron Russell January 19, 2011 at 4:52 AM

    Obama thinks he’s slick and some with not see his cheap magician’s slight of hand. Like your new site—catchy name. Will change your link at TOTUS and Obama Cartoons when I finish this. Sorry I haven’t been around much lately, but only now getting back into the action!
    Ron Russell recently posted..Guns and LibertyMy Profile

  • Steve Dennis January 19, 2011 at 5:49 AM

    Another great post RHM. As Ron said, Obama is a magician who is looking to trick us. It sounded too good to be true and it is. I think it is fair to say that what he means by “balance” is implementing his own regulations while doing away with some of those from before his time. Obama only knows how to govern one way–through regulation–and we would be foolish to think that he has changed his views at this point in the game. We need to push him into the center, there are some big men in there and they might be able to block his shot.
    Steve Dennis recently posted..Merry Christmas everybody!My Profile

  • Bunkerville January 19, 2011 at 7:49 AM

    And how many regulations will it require to get rid of his regulations? Bet we need a new Czar.
    Bunkerville recently posted..Gas prices under Obama And just the startMy Profile

  • Colin January 19, 2011 at 8:35 AM

    Ahh, Bunkerville, brilliant. An anti-regulation Czar? Who will he choose? I nominate Barney Frank, he has lead the charge against regulating Freddie and Fannie.

    I agree completely RHM. I take this promise the same way I took this dubious promise Obama made, “Let me say it as simply as I can: transparency and the rule of law will be the touchstones of this presidency,”. Sweet! When you gonna start Barry?
    Colin recently posted..Funny Video of the Day – Jan 19thMy Profile

  • Infidel de Manahatta January 19, 2011 at 10:19 AM

    Great article. Yes, I love the narrative about the financial crisis. “Lack of regulation caused it.” Yep. That must be the reason. NOT Fannie mae or Freddy Mac or subprime mortgages foisted upon us out of a misguided sense of “fairness.”
    Infidel de Manahatta recently posted..A Special Message from DNC Chairman Tim KaineMy Profile

  • LibertyAtStake January 19, 2011 at 1:46 PM

    BHO can’t possibly be serious about this yet – he hasn’t created a phony commission or announced a phony summit yet.

    http://libertyatstake.blogspot.com
    “Because the Only Good Progressive is a Failed Progressive”
    LibertyAtStake recently posted..Contemporary Politics and Newtons Three Laws of Motion Part 13My Profile

  • RightHandMan
    RightHandMan January 19, 2011 at 5:37 PM

    Thanks for the comments guys. Today was a long day at the hospital with plenty of follow up work to do as well…so sorry for the generic comment. Thanks again.