Ridicule, the downwardly spiraling economy and the 2012 elections

The economic recovery in America is fading fast. Just out this morning: another higher initial jobless claims number. The S&P is now off more than 7% for the month, and the talking heads are turning their attention to whether (or really when) the Fed will signal a new round of quantitative easing is on the way.

Of course with interest rates at historic lows (the 10 year Treasury dipped below 1.6% this morning after the weak economic reports) the Fed doesn’t have much to work with when it comes to lowering rates. But, as one economist said this morning on CNBC, while it won’t have any impact whatsoever, the Fed will still be required to “do something.” So rates will undoubtedly go lower. There will be a fleeting spike in the stock market. Then more negative economic data will come out and the markets will resume their inexorable slide south. Only as the economy suffocates it will be with more debt, more deficits, a diminished currency, and a fading hope for any lasting recovery.

Meanwhile, I can see David Axelrod on CNN reading a script (only Obama is allowed the teleprompter) to a cheering crowd–by the way I’m not sure when he dyed his hair and grew the moustache but he was more likeable as the principal in Ferris Bueller’s Day Off–but thanks to closed captioning and CNN’s lower third I understand that he is “trashing” [sic] Romney’s record in Massachusetts. Ironic.

All campaigns spin. But Obama’s entire campaign is fundamentally based on a big lie. And the main tactic used to sell the big lie is ridicule. It’s straight out of the Saul Alinsky playbook. But it’s not just Alinsky who understood the power of ridicule. We all learned the persuasive force of ridicule on the playground. No one wants to look stupid, and at one point or another we have all been silenced by the condescending smirk, the sarcastic put down, or the pointed insult.

When you’re a man of such breathtakingly little substance as Barack Obama–who was paradoxically catapulted on the sling of hope by the counterweight of the seamy Chicago political machine–all you are is cool and the only currency you have to offer is scorn. In 2008 the country wanted change and it was easy for the Obama campaign to be the blank canvas for Americans’ aspirations. In 2012 the canvas has now been filled up with the reality of the president’s truly unexceptional and tired agenda. So all they’re left with is the brass knackles and the ferocious desire to win that were present but mostly hidden in 2008. Then, everyone played their roles to perfection, including the harmless and avuncular John McCain who bent over backwards to make the young Obama’s arguments for him. And young Barack strolled into the White House.

But Romney will fight back. And like him or not he’s a real person with a real record of achievement, and Obama’s puppeteers know they have a fight on their hands.

Obama’s campaign has all hands on deck, including CNN’s Soledad O’Brien, doing her best to remain cool like Obama, while she heaps contempt on old man Sununu:

May the best man win. In the end our country will get whom it deserves.

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  1. Ridicule update–the New York Times [sic] is reporting that Axelrod was “drowned out” | Obamanada

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