May 24, 2013
May 22, 2013
They launched the 'Arab Spring' but now yearn for the good old days of a strongman
May 20, 2013
Richard A. Serrano: Is Meir Kahane's assassin now a changed man?
Genetic copies of living people from embryos no longer science fiction
Jewz in the Newz by Nate Bloom :
The Kosher Gourmet by Cathy Pollak:
Jews Inducted into Rock Hall of Fame; Anton Yelchin co-stars in New "Trek" film; Kutcher (but not Kunis) visits Israel; Jewish TV Star Praises Jewish Rap Star
WARNING: This WALNUT CAKE WITH PRALINE FROSTING, perfect for afternoon coffee, is addicting
May 13, 2013
Rabbi Nathan Lopes Cardozo: Why the giving of the document that would permanently change the world could only be done in desolation
David G. Savage:
Church-state, literally? Supreme Court weighing public school graduation in a church
May 10, 2013
Rabbi Berel Wein: Be all that you should be
May 8, 2013
Peter Ford: Why China is welcoming both Israel's Netanyahu and Palestinians' Abbas
Obama administration quietly backs out of appeal over new contraceptive mandate
At Kerry-Putin meeting, US-Russia relations thaw --- a tad
The Kosher Gourmet by Leela Cyd Ross :
Almost too pretty to eat, this colorful salad with Sicilian inspiration will tickle the taste buds and delight your visual sensibility
May 6, 2013
May 3, 2013
Kids, kittens the Same?
With employee perks at struggling Internet pioneer Yahoo! it's hard to tell
Artificial kidney offers hope to patients tethered to a dialysis machine
April 29, 2013
Poland's new Jewish museum celebrates life, doesn't revisit Holocaust
Terrorism in America: Is US missing a chance to learn from failed plots?
Boston Bomber's 'Svengali' Revealed
Tiny satellites + cellphones = cheaper 'eyes in the sky' for NASA
April 26, 2013
Clifford D. May:
Defense in the Age of Jihadist Terrorism
Sharon Palmer, R.D.:
How to feel your best -- with plenty of energy, a healthy weight and optimal mental and physical function -- without driving yourself batty
April 24, 2013
Jewish World Review
March 17, 2009
/ 21 Adar 5769
Boggled 'Bam: Can president get job done?
Dick Morris & Eileen Mc Gann
The furor over the huge federal spending under President Obama a $1.75 trillion deficit, 13 percent obscures an even more basic question: Does he know what he is doing?
That is, does he know how to do anything other than spend?
His stimulus package, of course, took no special ability: He left the details to Democrats in Congress. But his two other major initiatives his banking and mortgage-relief plans are both flawed and unlikely to solve their respective problems.
Indeed, they're so wide of the mark as to prompt questions not of Obama's ideology but of his basic competence.
The bank-bailout plan seems to be largely stillborn. Having wished that the private sector would flock to invest in toxic assets if offered the right incentives, the Treasury secretary is still hoping. Crossing his fingers seems to have replaced effective policy in his planning.
To date, no massive infusion of private-sector capital seems in view and Washington is doing little more than writing checks to prop up the failing banks. That doesn't take a genius. But the difficult task of relieving the banks of toxic assets so they can rekindle the flow of loans seems to be beyond the ability of the president and his administration.
Perhaps Obama privately isn't so concerned about the banks or the businesses that need the credit markets restored. Those are Republican interest groups, right? But he surely must want his mortgage-rescue plan to work - the homeowners facing foreclosure tend to be Democratic constituents.
But this plan, too, falls far short of the mark.
Incredibly, it excludes anyone who has lost their job and can't afford to make their payments even if they were to spend 31 percent of their income trying to do so. If you can't come close to affording your mortgage, even if only because of a (hopefully temporary) loss of employment, forget about it: Obama is not going to help you.
Nor will he help you if your mortgage exceeds your home's value. One out of five mortgages now falls into this category and the continued fall in property values will put more and more homeowners in it. But they can expect no help from Obama's rescue plan.
Why would a liberal be so callous? Why would he leave so many out in the cold? Could it be that the administration simply can't figure out how to help these folks? That the president couldn't devise a counter to his financial advisers, who presumably wanted to exclude these folks?
It was Clinton-era Housing Secretary Henry Cisneros who urged Fannie Mae to spend 42 percent of its money buying mortgages for lower-income people and who suggested that they no longer require down payments. And it was his successor, Andrew Cuomo, who upped the ante to 50 percent of the Fannie Mae portfolio.
After Democrats inveigled people to buy homes they could not afford, how can they justify passing a plan that excludes them from assistance?
It appears that Obama is at sea when it comes to financial policy, economic-recovery planning and credit-rescue efforts. We're stuck not only with a socialist but seemingly an incompetent one.
Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.
JWR contributor Dick Morris is author, most recently, of "Fleeced: How Barack Obama and Hillary Clinton, Media Mockery of Terrorist Threats, Liberals Who Want to Kill Talk Radio, the Do-Nothing Congress, Companies ... Are Scamming Us ... and What to Do About It". (Click HERE to purchase. Sales help fund JWR.) Comment by clicking here.
Dick Morris Archives
© 2009, Dick Morris
Richard Z. Chesnoff
Frank J. Gaffney
Victor Davis Hanson
A. Barton Hinkle
Judge A. Napolitano
Cokie & Steve Roberts
Debra J. Saunders
J. D. Crowe
Ask Doctor K