Monday, June 08, 2009

Back Pat Time

Time for a little 'told ya' so'. I said Ford was at a disadvantage due to the government's massive subsidizing of GMAC. Ford is now saying the same thing.

I said a jobless recovery was highly likely. The San Fran Fed is saying that it is plausible.

I said the "stimulus" was crap (and that everyone would catch on and it would bite back at Obama). Recent figures have forced the Administration to go back and re-sell or at least re-PR this piece of crap.

I said that (hopefully) Ballmer's criticism of Obama's tax plan would open the flood gates for other corporations to launch much needed criticism. In a larger sense, I said that all the former Clintonites that gravitated to Obama would not stick around forever, that they would start to peel off when Obama lost his media created/maintained sheen. Could this tech industry/Shapiro tie-up be the first move in a split between Obama and his newfound acolytes, who were mostly old Clinton acolytes?

I also said - not on this blog, but to an Obama-loving neighbor on the train the other day - that California would resort to the unthinkable to help get themselves out of their fiscal mess...allow oil drilling offshore. Sure enough, to keep their precious, big-government, liberal paradise it looks like previously intransigent greenies might be softening their position.

UPDATE: Here's another one. You heard it here first.

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