So far that's how I'll grade Obama aka La Grande Bouche [The Big Mouth]. He's said a lots of things, and done little. Much of what he says causes worries, but I wonder how much will ever get through Congress. He gets semi-bad - not full bad - simply for getting the Stimulus Plan through. It was not a great plan - lots of wasteful, dumb spending - but has enough stimulus to get some impetus to the economy to stop the downward spiral.
Did anyone else notice that blurb in his speech at Normandy about one of the reasons D-Day invasion is revered was due to its "sheer improbability of success" ? What nonsense ! Montgomery and the allies spent two years building up forces and air superiority to make its likelihood of success high. I think that was a bit of fantasy by Obama or his speechwriters to try to connect Normandy to his "Yes We Can" slogan - succeeding against the odds. Of course that the connection is false for D-Day doesn't matter.
This is a problem with Obama - what is the connection to reality ? So far he's gotten a pass on it, but that won't last forever. Maybe a few more months, at best.
The title to today's blog is borrowed from that GREAT movie by Burt Reynolds, "Semi-Tough". The movie is a hilarious parody of 1970s self-help fads, like E.S.T, pyramid power, rolfing, etc. E. S. T is mocked as B.E.A.T. - Bismark Energy Attack Training, with its promoter, Friedrich Bismark. Hilarious skits poke fun at all that psychobabble nonsense about experiencing people and sharing space. One of my favorite lines is when Robert Preston, aka Big Ed Bookman, a NFL team owner from Dallas, slugs and tosses Friedrich Bismark onto a table saying, "experience this, you a**h***!.
Stocks were down in Asia and Europe and US futures are down. Ping-pong or a pullback? I don't know. I'm just sticking with the Obama Fund strategy and trading tactics.
Estimated taxes are due today for the second quarter. So much money for so little. Ugh!
Word of the Day
"Tocsin" - noun [$10] American Indian term
Tocsin means 1. an alarm bell or the ringing of it; 2. a warning signal.
Sentence: I'll stick with my Obama Fund strategy until I hear a reality-based tocsin.
Le Mot du Jour
"Marcher" - verb, regular -er conjugation
Marcher means 1. to walk, to march; 2. to agree, to play along; 3. to work (in sense of to function).
La Phrase: La stratégie des Fonds d'Obama marche très bien jusqu'ici cette année.
Sentence: The strategy of the Obama Fund is working very well so far this year.