February 18, 2011
By Bruce Walker
Pundits muse how Obama can save his presidency. He cannot. Obama, politically, is doomed. Republicans do not have a Reagan waiting in the wings, but that will not matter in 2012. All Republicans are attempting to don the mantle of Reagan, who has thoroughly captured in death what he could not in life, the heart of the Republican Party. This grand and overriding figure, like FDR and Lincoln, will dominate the rhetoric and policies of the Republican Party. Republicans will not commit hara-kiri in 2012.
So why is Obama certain to lose, even against very ordinary Republican nominees? Food, fuel and clothing are rising in price at dramatic rates. Food, especially, is critical. Every shopping cart in every grocery is pushed by an American who finds prices for ordinary things, like bread, milk, and cereal jumping higher and higher. At the checkout counter, the total keeps rising higher and higher. In the last six months, food prices have risen by over 27%. The size of the beef herds in America is at a fifty year low and the impact upon consumers will, inevitably, be sharp. Obama and his Kobe beef-eating friends, invariably rich, do not feel the pinch. All the rest of us do. Government could do a lot to lower food prices, from ending the Ethanol scam to overriding environmentalists who are turning some of the richest farmland on earth in California into a dust bowl. Read More
