August 8, 2010

Just Suppose This Juxtapose

Hatched by Dafydd


From the Financial Times (free registration required):

The Federal Reserve is set to downgrade its assessment of US economic prospects when it meets on Tuesday to discuss ways to reboot the flagging recovery.

Faced with weak economic data and rising fears of a double-dip recession, the Federal Open Market Committee is likely to ensure its policy is not constraining growth and to use its statement to signal greater concern about the economy. It is, however, unlikely to agree big new steps to boost growth....

In congressional testimony last month, Ben Bernanke noted “unusual uncertainty” in the economic outlook and in a speech last week the Fed chairman warned of a “considerable way to go” before the US achieves a full recovery.


From the Seattle Times:

As the U.S. economy endures high unemployment and a jittery stock market, President Obama has preached sacrifice and fiscal discipline. But the pictures coming out of a sunsplashed Spanish resort this week may be sending a different message.

First lady Michelle Obama is on a five-day trip to a luxury resort along with a handful of friends, her younger daughter, Sasha, aides and Secret Service personnel. Her office said the first family will pay for personal expenses, but declined to reveal the taxpayer cost for the government employees. The president stayed home in the United States, as did daughter Malia, 12, who is at camp....

The opulence of the European trip also has drawn scrutiny. Michelle Obama is staying at the Hotel Villa Padierna, a Ritz-Carlton resort in the mountains outside Marbella. The resort has two golf courses, a posh spa with Turkish baths, views of the Mediterranean Sea and a high-end restaurant specializing in avant-garde fare. Room rates start at $400 and rise to $6,500 for a two-bedroom villa with a private pool and 24-hour butler service.

The danger for the Obamas is that the trip may feed perceptions they are out of touch with struggling American families, said Chris Wilson, a Republican pollster.

From the Daily Mail:

U.S. First Lady Michelle Obama and her younger daughter lunched with Spain's King Juan Carlos and Queen Sofia today at the royal summer residence on the Balearic island of Majorca.

Mrs Obama, nine-year-old Sasha and their entourage flew into the Majorcan capital of Palma from the glitzy Mediterranean resort of Marbella, where they have been staying since Wednesday at a deluxe hotel....

But the First Lady has been lambasted for her extravagance at a time when the economy is still struggling. One blogger went so far as to brand her a modern-day Marie Antoinette.

And her critics will be further annoyed when they learn that the president's wife had a Spanish beach closed off today so that she, her daughter and their entourage could go for a swim.

Spanish police cleared off a stretch of beach at the Villa Padierna Hotel in Marbella after the Obamas had finished a busy day of sightseeing....

It is unclear whether the police presence was paid for by Spain - or whether a nasty invoice could be landing in the lap of the American taxpayer.

I promise on my mother's grave -- does that still count, even though she's still alive? -- that I will never, ever refer to the First Michelle as "Marie Antoinette." Never.

Nor will I compare and contrast, nor draw any conclusions about the depth of Obamic sincerity. I will simply let the words and music of Evita Obama speak for themselves.

Hatched by Dafydd on this day, August 8, 2010, at the time of 8:28 PM

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The following hissed in response by: Tonestaple

I tell you three times: behavior is truth, behavior is truth, behavior is truth. It doesn't matter one whit what Big Momma and Big Daddy say; all that matters is how they behave. I think this latest flap shows once again that Barack thought that being president was like being king for four years and how that he's found out he has to work, he doesn't want to play president any more.

The above hissed in response by: Tonestaple [TypeKey Profile Page] at August 13, 2010 10:19 AM

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