President Fatal Conceit

June 20, 2011 08:01


Obama surrounds himself with dim-witted ideologues, apparently to ensure that no one is smarter than he. The experience quotient of this group approximates the handicap of a skilled golfer.

From Monty Pelerin’s World

The shallowness of President Barack Obama is unbounded. The gap between his ability and his self-assessment is greater than any other public figure of my lifetime.

Nowhere is his incompetence and ignorance more apparent than when he discusses economics and/or the economy. Brian Garst, borrowing Hayek’s famous observation regarding the liberal elite, described Obama’s recent jobs focus as follows:

Obama’s fundamental problem – his fatal conceit, if you will – is that he thinks we need him and his jobs counsel to figure out what the jobs of the future are going to be. We no more need this today than it was necessary for past leaders to identify the jobs of today. This is a task for the private sector, and one which only its vast network of dispersed information and decentralized decision-making is capable of determining.

Unfortunately this man has no clue what is going on. He is little more than a trained actor pretending to be presidential and knowledgeable. He is neither. The rest of us suffer as a result. A reasonably intelligent con man would have the sense to surround himself with talent to cover his shortcomings. Obama surrounds himself with dim-witted ideologues, apparently to ensure that no one is smarter than he. The experience quotient of this group approximates the handicap of a skilled golfer. The IQ is probably higher but useless regarding managerial matters.

Obama is the poster child for Hayek’s fatal conceit:

Barack Obama is clearly too enamored with his own intelligence to recognize how little he knows – or that any one individual or group of individuals could possibly know – about where the next economic breakthroughs will emerge, or where future resources will need to be deployed.

So what does Obama know and do well? Apparently quite a few things, although they may not be things to be particularly proud of. From Doug Ross @ Journal comes this list of historic firsts:

• First President to Violate the War Powers Act

• First President to Orchestrate the Sale of Murder Weapons to Mexican Drug Cartels

• First President to be Held in Contempt of Court for Illegally Obstructing Oil Drilling in the Gulf of Mexico

• First President to Defy a Federal Judge’s Court Order to Cease Implementing the ‘Health Care Reform’ Law

• First President to Require All Americans to Purchase a Product From a Third Party

• First President to Spend a Trillion Dollars on ‘Shovel-Ready’ Jobs — and Later Admit There Was No Such Thing as Shovel-Ready Jobs

• First President to Abrogate Bankruptcy Law to Turn Over Control of Companies to His Union Supporters

• First President to Demand a Company Hand Over $20 Billion to One of His Political Appointees

• First President to Encourage Racial Discrimination and Intimidation at Polling Places

• First President to Arbitrarily Declare an Existing Law Unconstitutional and Refuse to Enforce It

• First President to Threaten Insurance Companies if they Publicly Speak out on the Reasons for their Rate Increases

• First President to Tell a Major Manufacturing Company In Which State They Are Allowed to Locate a Factory

• First President to Withdraw an Existing Coal Permit That Had Been Properly Issued Years Ago

• First President to Fire an Inspector General of Americorps for Catching One of His Friends in a Corruption Case

• First President to Propose an Executive Order Demanding Companies Disclose Their Political Contributions to Bid on Government Contracts

• First President to Golf 73 Separate Times in His First Two-and-a-Half Years in Office

But remember: he will not rest until all Americans have jobs, affordable homes, green-energy vehicles, and the environment is repaired, etc., etc., etc.

Linked byDon Surber and Parkway Rest Stop. Thanks!



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