Monday, March 30, 2009

Obama: "We need stimulus and regulation."

Obama tells FT:
Two points I want to make on this, Number one: The press has tended to frame this as an “either or approach”. There are some G20 participants that are arguing fiercely for stimulus, others for regulation. What I have consistently argued is that what is needed is a “both and approach”. We need stimulus and we need regulation.
Of course, the "stimulus" package simply distorts the structure of the economy by taking from those low on the political power totem poll and transferring to those with political power,

And, regulation is always about forcing the economy in a direction it does not want to go, with insiders, generally, determing the direction for their own advantage. You can't have regulatory capture, if you don't have regulators. But, if you have regulators, you will have a distorted economy.

Bottom line, Obama has never moved passed the very strong economic coercion formula that surrounded his thinking during his youth and early adult life. From the search to understand his father's thinking to the influence of "Frank", Obama was surrounded by socialist thought. His father a Harvard educated economist called for all sorts of nationalizations in his native land of Kenya.

As for the man Obama only identifies as "Frank" in his autobiography, Dream's From My Father, Cliff Kincaid writes:

...through Frank Marshall Davis, Obama had an admitted relationship with someone who was publicly identified as a member of the Communist Party USA (CPUSA). The record shows that Obama was in Hawaii from 1971-1979, where, at some point in time, he developed a close relationship, almost like a son, with Davis, listening to his "poetry" and getting advice on his career path. But Obama, in his book, Dreams From My Father, refers to him repeatedly as just "Frank."

The reason is apparent: Davis was a known communist who belonged to a party subservient to the Soviet Union. In fact, the 1951 report of the Commission on Subversive Activities to the Legislature of the Territory of Hawaii identified him as a CPUSA member. What's more, anti-communist congressional committees, including the House Un-American Activities Committee (HUAC), accused Davis of involvement in several communist-front organizations.


  1. Cliff Kincaid's ironically named "Accuracy In Media" (AIM) is a totally unreliable source of information on the Davis-Obama relationship.

    Obama wasn’t mentored by Frank Marshall Davis, who gave him ethnic advice, according to "Dreams From My Father." Obama's book indicates Davis was a family friend whom he visited occasionally as a young teen. Kincaid's disinformation ignores the fact that as an older teen, Obama didn't even visit Davis for three years. The Obama campaign specifically refuted Kincaid's fraudulent meme, which deliberately misrepresents the relationship as "almost like a son."

    Edgar Tidwell, whom AIM's Cliff Kincaid cites as "an expert on the life and writings of Davis," dismisses misrepresentation of Davis's influence in one simple paragraph:

    "Although my research indicates that Davis joined the CPUSA as a "closet member" during World War II, there is no evidence that he was a Stalinist, or even a Party member before WWII. Further, to those attempting to make the specious stand for the concrete, there is no evidence that he instructed Barack Obama in communist ideology. Frank Marshall Davis did NOT believe in overthrowing the USA. He was committed to what the nation professed to be. For him, communism was primarily an intellectual vehicle to achieve a political end-a possible tool for gaining the constitutional freedoms of life, liberty, and the pursuit of happiness for ALL Americans" (see ).

    The AIM disinformation campaign consists of a series of small lies fabricated to support the big lie that "His values, passed on to Obama, were those of a communist agent who pledged allegiance to Stalin" (see ).

    A painstakingly documented analysis of Kincaid's falsehoods is posted as "specific misrepresentation" at . I invite any person of integrity to refute my evidence against AIM's body of lies. If AIM had authentic evidence of Davis's radical influence, they would not need to fabricate such evidence.

  2. Kaleokualoha,

    I have never seen you post at EPJ before. What are you some kind of Obama front team.

    RW didn't bring up "Franks" mane first. Obama did. And why didn't he list Franks last name in his autobiography if everything was cool?

  3. Obama mentioned Frank and others only by first name in his book. It is a common practice in memoirs.

  4. Who do you work for Kaleokualoha?

    Your attempts to besmirch Kincaid have only solidified my beliefs in the accuracy of Kincaid's writing.

  5. I work for nobody. I am a retired Air Force Intelligence Officer, with specific training in Deception Analysis by the CIA. I invite you to refute any of AIM's "specific misrepresentation" identified in my post. That list is quite extensive.

    If that is too much work for you, then Kincaid has made it even easier by posting the proof himself. He posts the Congressional testimony of Edward Berman concerning Davis's 1949 involvement with the Honolulu NAACP at (Exhibit 4A).

    AIM then publishes four different posts that flagrantly misrepresent Berman's testimony. These include AIM's absurd claim that Davis was directly criticized by the NAACP's Roy Wilkins, and even more absurd claim that Davis tried to take over the NAACP itself!

    A detailed analysis of this NAACP misrepresentation, including links to all four fraudulent AIM reports, is posted at

    You are invited to identify ANY substantive error in this analysis. If your analysis confirms that I have "besmirched" Kincaid's writing, please identify exactly where this occurs. Thanks!

  6. "Truth is generally the best vindication against slander."
    - Abraham Lincoln