Senator Obama speaking at Green Bay

If you were watching cable news at about 1:25pm today you would have heard Senator Obama speaking about the economy. He mentioned how we need change, though he failed to mention what he might change.

He mentioned he wanted to reform regulations on Wall Street. That he wants to follow a different economic plan. He blames Wall Street executives for their intention to make money out of the bailout. And he tried to draw a line from Reganomics, to President Bush, to Senator McCain.

But I have to wonder where is Senator Obama’s admonishion of his fellow Democrats are. He failed to mention that House Speaker Nancy Pelosi is trying to slip in $50 billion to the bailout plan. He fails to mention that many in Congress are trying to add earmarks to the bailout. He fails to mention that 2 years ago Senator McCain tried to reform policies on Wall Street and was shot down.

He fails to mention, when he speaks about the Clinton surplus, that President Clinton created the internet bubble. That the jobs created by the bubble were lost when it burst. That the Administration redid the way the government counts the deficit – such that they came up with the following.

They figured that since stocks were up, and would continue to be up for 5 yrs, taxes on the investments would be enough to balance and exceed the deficit. And based on that surplus, from the stock market, the government could spend that surplus and still be even in 5 yrs. In other wods there was never a surplus, and if you tried to use that same math in your life or business you would be in jail for fraud.

But he also fails to mention that Reganomics saved the nation from failed Democratic economic policies of President Carter (which most of the economic proposals Senator Obama has mentioned mimics). He fails to mention that Reganomics created the environment that created the surge in the economy and stock market. He fails to mention that in the face of warnings about the internet bubble, Democrats allowed the crash to happen which costs billions and put tens of thousands out of work.

Senator Obama fails to mention that it was not the regulations, that were weakened during the Clinton Administration, that caused the current fiasco but bad decisions. Everything was done within regulations, but the bad decisions caused the bad loans. And you can’t legislate choices, in a Free nation.

Senator Obama is a great speaker. He can polispeak with the greatest orators I can recall. He can obfuscate the facts, and avoid obvious truths with ease. And he can fail to actually detail a plan yet make people believe he has one.

When you listen to Senator Obama talk about changing the economy, have you heard him give a plan on what he will do? That he will refoprm exactly which regulations? That this change will help investors how? That will benefit the economy in what manner?

Like most politicians, in DC especially, he has no plan, just polispeak. He doesn’t even have a bill in Congress with his name on anything with this. And where is the blame on say Democrat Chris Dodd, in charge of the banking committee, that failed to do anything about this mortgage crisis over the past 1 ½ years?

You know, I love to hear a great politician. But when it comes time to vote, you just have to sit back and remember that all those little questions you never got an answer for. For me, there are just too many questions without answers, to many calls for change without a detail of what kind of change.

Call me crazy, but I like to see a President that has a plan. I don’t have to love the plan, but at least then I have something to go by. But some don’t need that. Like in 2006 during the mid-term elctions when Democrats were elected to Congress on change. And since then we have gotten no change, but lots of excuses. Now we have a Presidential candidate that also rallies around change, without a single detail. And some expect things to get better. I just have to wonder why?