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Is Obama Keynesian? John Stewart “Restoring Sanity” Rally

November 5, 2010 by  

Bob Livingston

is an ultra-conservative American who has been writing a newsletter since 1969. Bob has devoted much of his life to research and the quest for truth on a variety of subjects. Bob specializes in health issues such as nutritional supplements and alternatives to drugs, as well as issues of privacy (both personal and financial), asset protection and the preservation of freedom.

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  • http://bellsouth.net jerry

    all you bums are out to destroy my country and it`s going to happen take right wing garbage back to where it came from and that`s probably your [offensive word removed] parents who taught you all this garbage.

  • Will

    I love how this is an ultra-right wing website supposedly conducting a poll. Took it just to see your results. If 83% of people think the tea party is a good idea, your poll is clearly reaching only a small minority of people, and is therefore useless.

  • James A. Fenton

    If your policy is no profanity (which is obviously not true – check out Jerry above – just as bad and vulgar) why then accept his indiscreet comment. He is not just vulgar, he has almost no command of the language which should be the only language considered appropriate in the United States of America.

    Screen for both profanity and vulgarity.

    • http://www.boblivingstonletter.com/ Bob Livingston

      Dear James A. Fenton,

      We do our best to allow for a free and broad discussion of the issues without censoring comments. Our filters are set as loosely as possible for this. However, they are designed to catch most obscene language and most comments containing obscenities are put on hold until they can be screened and deleted or edited and approved. Sometimes, however, the filters let things through.

      We also have a discussion moderator who watches the thousands of comments that come in each day. Because of the quantity of comments that are submitted, sometimes the moderator doesn’t get to one right away, so it is posted for a while before it is caught and edited or removed.

      You must also realize that what one person considers offensive, another might consider okay. The issue is very subjective.

      I’m sorry if you were offended by a posted comment, but the one you mention was really quite mild in comparison to some that are posted each day. We do screen for profanity and vulgarity.

      Best wishes,
      Bob

      • http://none Mike

        Bob, I havent been here a long time but from what I have seen so far everything has been really well done includeing the filters. Some out there know how to one-off most words to slip them by any filter. That you are willing to take the step of haveing a monitor as well speaks volumes about the integrity with which you run this sight. Maby one day I will have my own as well and I would gladly try to pattern it after this one. Keep up the good work and thanks for the voice. Mike L.

  • http://none Nell Berry

    I did not say that I was influenced by the Tea Party in my vote because I already knew Obama and his cronies would influence the election with or without the Constitution. They aren’t influenced by the Constitution because they think they are in control and the Constitution is no longer viable. They are wrong. If everyone who voted conservative would rise up and protest the re-election of Harry Reid, Charles Schumer, Leahy and the rest of the liberals, we would get our country back and our Constitution would still be intact. However, if the liberals, like the one above in the last comment still believe Obama is their Messiah, and the Conservatives do nothing, and our Congress still does nothing, then we are sunk and America will go the way of Russia and all the rest of the countries who acquiesed to the Socialist agenda.

  • joseph

    right wing garbage huh??? Why then is obama’s birth-place the #1
    tourist attraction in KENYA???huh

    • Diane Richardson

      If his mother was American why does it matter where he was born? He’d still be an American. But he was born in Hawaii. The state gov’t there has validated his birth certificate and there were birth announcement posts in two different Hawaiian magazines. It’s just a way to try to discredit him and bring him down. He won the majority of the vote; people wanted to give progressive policies a chance; but Republicans are being antiAmerican being so against him, saying terrible, disrespectful things. He’s not a socialist. “Obamacare” was all about reforming a HC system that needs to be reformed. For-profit insurance companies should not be involved. They’ve proven themselves not worthy. They’ve made HUGE profits and the CEOs make MILLIONS by kicking people off policies when they get sick. FAMILIES have lost EVERYTHING because someone got sick. This is not a compassionate country that cares about its people with policies like this. And it’s bad for BUSINESSES! Why should employers be saddled with providing HC insurance? They could take that money and hire people or invest it in R&D or whatever. It would put U.S. companies on a more even playing field with companies in other countries. You would think that THIS would be something that REPUBLICANS would understand and fight for!

      • Jack Russell

        Diane,

        Its ONLY funny in a ‘comedic relief’ aspect. It would be easy to detect that you would like Keynesian economics merely by the pass you give people for not being more informed about the system of economics that guides their entire economic future. By NOT knowing what Keynesian means a person virtually SHOUTS they’ve ignored the most basic parameters of their own financial future. By relegating that massively critical part of their lives they need to keep their mouths shut about ‘politics’ because they have fundamentally zero understanding of what DRIVES politics. Of course anyone agreeing with Keynesian economic concepts has the RIGHT to believe them and to espouse them. They just don’t have any ability or right to keep the CONSEQUENCES of Keynesianism from destoying the future of all the people who fall under its influence. To thumbnail Keynesian thought, ‘increasing debt is the driver of a growing economy’. That is it in a nutshell. As slowly as this ship turns, we can ride that idea for decades without paying the piper and that is what we have done. Its incredibly tempting for the early participants in this system to put it in place because they won’t be around to suffer the consequences. The leaders who are left to clean up the mess have to FIGHT all the people who have been promised the unfullfillable promises (I.E. Social Security, Medicare, etc.). Keynes gave us a massive a PONZI SCHEME on many different levels. If you like that, good for you. But don’t lose sight that the people who SEE it does NOT work – it is OVER – find a little comic relief in the fact that the SUPPORTERS of Keynesian politicians and policy makers have ZERO idea what they are defending.

  • Linda L.

    I believe all of you have missed the point of the video. Do you know what a Keynesian is? I will give you one guess and IT IS NOT A PERSON BORN IN Kenya. You guys need to look it up…educate yourselves. Our President is and believes in the KEYNESIAN form of economics!!!!

    Do yourselves a favor and get an education, PLEASE!!!!!!!!!!!!

  • Ben little eagle Stephens

    I agree with Joseph:
    there was a picture of Obama being held up to the sky as most of my people do when there is a new baby born to the family But my People are asking GOD to take this child and Guide him or her through there Life and it is done here in America(TurtleIsland) and not In the homeland of BO which is Kenya Africa if he wants to prove different let him show the people of our Country the True Birth Certificate, But His Grand Mother that raised him was not the one showing him to the Heavens it was his Grand Mother in Kenya not the White Grand Mother that helped Raise him from the age of 10 yrs. until present then the has stated he has nothing to do with the White part of his family because of there Rasist Bigetry. he has even disowned his own Mother. whats wrong with his Head The Muslims the Terriorest faction got to him as a child, and to this I must say not all muslims are terriorest they are factions of GOD Fearing Loveing People. Wado Kwaynee

  • Linda L.

    Rally for Sanity—O.M.G., it takes educated people to make educated decisions for sanity to prevail. Please do yourselves a favor and GOOGLE ‘KEYNESIAN’. You can make an informed educated decision when you do your do-diligence.

    EDUCATION IS THE PATH TO FREEDOM! Take the time to read and educate yourselves!!!!!!!

    • s c

      Welcome to the club. Linda L, whether or not The Anointed One is a Keynesian is moot. As long as the Fed exists (Washington looks the other way and pretends that the Fed is a part of the government), we’ll probably never be rid of Keynes’ foul influence.
      By itself, the government is THE main engine of inflation in America. It is a built-in, ticking, self-destruct mechanism. And, if people manage to see mental sludge in high places [socialism, communism, fascism, progressivism and every other ism that plagues America], people conclude it’s too complicated and that only ‘leaders’ can do our thinking for us.
      The utter lack of REAL leadership in Washington strangles our freedom, and public education turns Americans into mental eunuchs. Generations of dumbed-down public school “gradyouates” will vote for ANYONE who promises them whatever feels good. That fact alone makes it imperative to DENY
      consecutive terms to ALL “leaders.”
      Obummer is an opportunist, his handlers control him, and he will do and say anything to stay in their good graces. The idea that Obummer “is or isn’t” a Keynesian is irrelevant. He’s a semi-educated useful idiot whose posterior belongs to someone else. Look at it this way. When Zbig gets the sniffles, Obummer gets a bad cold.
      Public education reinforces stupidity in every state [all 57 states, according to The Anointed One]. Either people re-educate themselves, or they don’t.
      What makes all this so complex is that we have little time left to protect ourselves against foreign and domestic enemies (AND their puppet masters who control them from the shadows).
      Too many ‘Americans’ just don’t care. They’re happy being useful idiots so elected useful idiots can have a country club existence. Trying to get people to believe it’s impossible to BUY good government makes whizzing up the nearest tree seem like a rewarding goal.

      • BLUEEYESOL

        Amen! I couldn’t have said it better! Thank you!

  • Hubert Poetschke

    Hi Friends!

    Regarding the question: is Obama a Keynesian, the answer is absolutely not because Obama is a Socialist/Communist ideologue and treasonous demagogue who believe that government must control the economy, finances and the American people. Therefore, passing by Congress the Obamacare was fundamental to Obama and his gang of ultra Radical Left: all these Socialists, Communists, Progressives and Liberals, to take control over the American people and this is why the Obamacare must be repeal. However, this is only part of changes required to put our country back on the right track but you should remember that Obama like any other Communist will cheat, intimidate, lie and call for cooperation only to get his policies through the Congress. Remember also that all Communists/Socialists/Progressives adhere to the Lenin’s doctrine: two steps forward and one step back to achieve the goal of instituting Socialism/Communism. Obama will do anything and everything to thwarted any ideas to drastically change the course of the economic reforms needed to restore the totally free market. Therefore the Republicans must remove Obama from the Office, otherwise they can not put our country on the right track.
    The big problem is unfortunatelly that Fed Chairman Bernanke is a Keynesian and is on the way to help Obama ruin the country by his idiotic QE2 and the question arise, is really Bernanke intellectually qualified to make all these horrifying decission? I do not think. Federal Reserve MUST be abolished to save the Nation from the finacial catastrophe.
    I proved in my book “Memoirs from the Turbulent Years and Beyond” that Federal Reserve was alone fully responsible for the GREAT DEPRESSION which lasted from 1929 till 1941. Naturally, actions taken by FDR, notably his Socialistic/Communistic New Deal was the only reason that Great Depression lasted for twelve years.
    How the history tends to repeat, if we do not learn from the history.
    Hubert Poetschke

    • Diane Richardson

      “Obamacare” was all about reforming a HC system that needs to be reformed. For-profit insurance companies should not be involved. They’ve proven themselves not worthy. They’ve made HUGE profits and the CEOs make MILLIONS by kicking people off policies when they get sick. People have lost EVERYTHING because someone in their family got sick. This is not a compassionate country that cares about its people with policies like this. And it’s bad for BUSINESSES! Why should employers be saddled with providing HC insurance? They could take that money and hire people or invest it in R&D or whatever. It would put U.S. companies on a more even playing field with companies in other countries who have universal/single-payer health care. You would think that THIS would be something that REPUBLICANS would understand and fight for!

  • BLUEEYESOL

    People, You are not getting the gist of this video clip! Without saying it and just letting it happen, the video is showing the ignorance of the people that showed up for this Rally for Sanity.

    There is a sign, “Is Obama A Keynesian?”, and so the question is proposed to the people at this Rally. What is being shown is the people who think themselves smart, educated and intelligent, don’t understand that this is an economic question and instead shout into the interviewers face and the camera that Obama is not a Kenyan and assume it is a birther question. Total ignorance of the question! And they vote too!

    They are showing just how stupid some of these people really are without educating them that this is an economic question and letting them rant on. To those that know and understand, it is very sad that these people are so ignorant as not to understand the question. Only one, understood it was about economics but didn’t seem to know enough about Keyesian thought to answer if he thought Obama was a Keynesian, which, he is! Even his wife thought it was about Kenya and the birther question! At least he understood the question….amen…one person!

    Click here to find out basicly what British economist John Maynard Keynes’ Keynesian Economics is about:

    http://en.wikipedia.org/wiki/Keynesian_economics

    Click here to find out what Monetarism Economics is about, as brought about by Milton Friedman:

    http://en.wikipedia.org/wiki/Monetarism

    Now friends, I don’t expect everyone to understand this was an economic question or what the econmics was about and don’t think less of someone who doesn’t know, until they open their mouth with rage, and rant on stupid nonesense they know nothing about, instead of asking what the question means.

    It’s the ranting mouth that I don’t care for, not the ignorance. Ignorance, means you just don’t know, whereas ranting when you don’t know is stupidity and shows it. What’s the old saying?
    “Better to keep silent and thought a fool, than to open your mouth and remove all doubt!”

    Of course the Bible says it this way
    , “Even a fool is thought to be wise when he keeps silent.”

    http://en.wikipedia.org/wiki/Keynesian_economics

    http://en.wikipedia.org/wiki/Monetarism

  • LiarsMustBeDefeated

    If a person does not know what they are saying or talking about, does that make them a liar? Or just …?

    • BLUEEYESOL

      Are just…?

      …ignorant if they don’t know and are asking questions to learn of what they don’t know!

      …stupid, if they don’t know and rant on like they know what they are talking about!

  • vicki

    That was funny. I did notice that only one person was so upset that they were yelling.

    Nice trick question to see who is over sensitive and also can not read :)

  • http://none Mike

    I was amazed myself. These people had no clue as to the question being asked and spewed out parroted answers for the mose part lol. Where were these people educated if it was here it speaks volums about the state of education here in the U.S

  • http://colloidalcopper.net MCM2000

    The thing that I don’t get is that even if Obama followed Keynesian economics – what’s supposed to be bad about that? It’s just not that funny.

    • Diane Richardson

      I agree. It’s not that funny! And I like Keynesian economics. I don’t see what’s wrong with that. A lot people don’t know what “Keynesian” means. So what? It does sound like “Kenyan” so you can’t really blame these people. What do Tea Partiers know!!??? OMG!! They are among the lowest-information voters out there. Go see videos of those people being interviewed! They don’t know what they are talkinga about or what they believe in either. If anyone listens to Glenn Beck or Rush or Hannity, they are just poisoning their minds and letting themselves be lied to.

      • Jack Russell

        Diane,

        Its ONLY funny in a ‘comedic relief’ aspect. It would be easy to detect that you would like Keynesian economics merely by the pass you give people for not being more informed about the system of economics that guides their entire economic future. By NOT knowing what Keynesian means a person virtually SHOUTS they’ve ignored the most basic parameters of their own financial future. By relegating that massively critical part of their lives they need to keep their mouths shut about ‘politics’ because they have fundamentally zero understanding of what DRIVES politics. Of course anyone agreeing with Keynesian economic concepts has the RIGHT to believe them and to espouse them. They just don’t have any ability or right to keep the CONSEQUENCES of Keynesianism from destoying the future of all the people who fall under its influence. To thumbnail Keynesian thought, ‘increasing debt is the driver of a growing economy’. That is it in a nutshell. As slowly as this ship turns, we can ride that idea for decades without paying the piper and that is what we have done. Its incredibly tempting for the early participants in this system to put it in place because they won’t be around to suffer the consequences. The leaders who are left to clean up the mess have to FIGHT all the people who have been promised the unfullfillable promises (I.E. Social Security, Medicare, etc.). Keynes gave us a massive a PONZI SCHEME on many different levels. If you like that, good for you. But don’t lose sight that the people who SEE it does NOT work – it is OVER – find a little comic relief in the fact that the SUPPORTERS of Keynesian politicians and policy makers have ZERO idea what they are defending.

        • http://colloidalcopper.net MCM2000

          Baloney.

          You could more accurately say that followers of Hayek (or Milton Friedman or whichever free marketeer is your favorite) got us into the massive mess of an economy we’re in now.

          Really, this economy is the Republicans’ (and their Democratic enablers like Bill Clinton) fault, going back to at least Reagan.

          Three decades of systematic deregulation, privatization, tax cuts, and lack of infrastructure investment have left us in a giant recession.

          But don’t worry – the rich folks are doing fine!

          Yay free market!

          Maybe I’ll win the lottery (or invest in a natural gas hoarding scam) and get rich too one day! LMAO!

          • http://colloidalcopper.net MCM2000

            Oh, and I forgot to mention these stupid wars are bankrupting the country too. That is all. Now go back to watching Glenn Beck.

  • Aranna

    Obama’s REAL name is Barry Soetoro, WHAT does his NEW name signify?
    It must MEAN something to change your name!

    Is Obama Lying about never being Muslim?
    How can he be trusted!?
    How can he NEVER disclose his REAL NAME to the public?

    Obama’s Indonesian schooling began when he was entered into the Roman Catholic, Franciscus Assisi Primary School on January 1, 1968 and sat in class 1B. He was registered under the name Barry Soetoro, serial number 203. School documents listed Barry Soetoro as an Indonesian citizen and his religion was listed as Islam. He will spend three years at Franciscus.

    Catholic schools accept non-Catholics worldwide. Non-Catholic students are typically excused from religious instruction and ceremony.

    Obama’s family moves from H Ramir Street to Dempo Street and Obama enters the 4th grade at the Besuki Primary School, a government school. He was enrolled as Barry Soetoro, Muslim.

    All Indonesian students are required to study religion at school and a young Barry Soetoro, being a Muslim, would have been required to study Islam daily in school.

    He would have been taught to read and write Arabic, to recite his prayers properly, to read and recite from the Quran and to study the laws of Islam.

    In his autobiography, “Dreams From My Father,” Obama mentions studying the Quran and describes the public school as “a Muslim school.”

    According to Tine Hahiyary, one of Obama’s teachers and the principal from 1971 through 1989, Barry actively took part in the Islamic religious lessons during his time at the school.

    The fact that Obama had attended mengaji classes is well known in Indonesia and has left many there wondering just when Obama is going to come out of the closet.

    Evidence seems to quite clearly show that both Ann Dunham and her husband Lolo Soetoro Mangunharjo were in fact devout Muslims themselves and they raised their son as such.

    In the first place, If Obama is not an American citizen, His even holding the office of President is Illegal. No one loves their country more than those of us who were born here. Second,
    Some people do not see the significance of Obama being Christian or Muslim.
    To me any religion with extremists connected with it, That want me dead cause I am a Woman or a Christian, or a Buddhist, or a Catholic, or a Pegan, or any other religion besides theirs, Should not be allowed to run a country like the USA.
    We have Hundreds of different ethnic and religious backgrounds in America. None of which want to kill people for a pack of virgins when they die.
    The covert sneaky tactics practiced by Muslim extremeists were enough to take down our twin towers on 9/11. There is nothing to make me think Mr.Obama is any different from his brethren.
    Bankrupting this country, environmental terrorism in the gulf. Socialist Medical Bill.
    Now he wants to take our 401K’s. to supplement Social Security. We The People have paid into the SS system since it began. We had no choice, We have done everything we were told to make that money available for the elderly retirement, The government took it and now we are going to have to suffer even more.

    This man called Barrack Hussein Obama does not have Americas best interest, because he is not an American. His religeon has taught him all his life how to destroy America.
    Those people who defend him, should probably stock up on Birkas for their wives and daughters. Next he will want to enact Sharas law….

  • Joe

    Keynesian economics is not about borrowing indefinitely. It is about borrowing when the country is in a recession. When the country is in a boom, there is an automatic increase in tax revenue which is supposed to be used to pay the debt accrued during the recession off. Keynesian economics is also not about “stimulus” as has been employed, but real money moving stimulus. It doesn’t work to borrow money, and earmark it for programs, and then not put those programs into gear. YES Keynesian policy can increase inflation. In a recession however you tend to have long deflationary periods. There are historical exceptions to this, but they are not the norm. The purpose of Keynesian economics is once again counter-cyclical action to keep recessions from turning into depressions. Keynesian policy was fairly good (not perfect but nothing is) at maintaining relative stability, until the 70s when it fell into disfavor. Since then the economy as a whole has been a bit less stable. As for tarp, stimulus checks, and supposed infrastructure improvements(that haven’t been put into place…) They are only politically Keynesian… That is they look Keynesian to political hacks who have never studied economics. Keep in mind yes you can paraphrase anything so that it looks bad. In this case however paraphrasing Keynesian economics (as is popular with some folks) is really setting up a straw-man. Neither side is particularly good with any form of economic analysis or policy. Tax cuts tend not to be supply side (they effect demand more than supply.) But real supply side policy (subsidies to businesses in certain sectors that invest in lowering their prices during an inflationary period) would be demonized as socialist.

  • awright

    Barry man, prop 19 nation wide and i’ll vote for you forever. open the borders to cheaper drugs man

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