Daily PUMA Column - Commentary by Alessandro Machi

Monday, June 10, 2019

Barack Obama was never properly credited by the Media for some of his Accomplishments.

Probably what Barack Obama did best was allow for certain financial constraints to be placed upon the Banking Institutions so that all future financial transactions had a better chance of surviving. Obama also curtailed the number of troops in the Middle East and Afghanistan. Obama also was an advocate of renewable energy. 

Obama definitely brought a certain regality to the White House. However sometimes I felt Obama was really a banker in disguise. Arianna Huffington aptly called the Barack Obama Administration BankCentric. Obama wanted somebody else to crunch numbers so that he would look good. Obama most definitely was disrespected by most of the Republican Politicians in both the Senate and the House of Representatives. Sometimes it would appear that Obama would pivot to the center just to gall the Republicans who would basically hate anything that Obama wanted to do, it made the always say No way Republicans look bad on several occasions.

But there were things that Barack Obama did not get credit for from the Media that probably helped elect Donald Trump.

1. Barack Obama resided over the first DROP in U.S. Life Expectancy over the past several decades.

2. Generic Drug Prices suddenly skyrocketed during Obama's second term in office in a bigly way.

3.  Barack Obama was incapable of feeling the pain of the Heartland and beyond when it came those who had HELOC's that were about to reset. The concept of offering a HELOC renewal so that homeowners who had been successfully making their interest only payments for the past 10 years, could have another 10 years of interest only payments was completely beyond Barack Obama's comprehension. To understand how an obtuse stance this was, Anyone who had been making their interest only payments on their HELOC's for the past 10 years most certainly had seen their home values return to levels well above where they were at the time of the 2008 Crash. In essence Obama's Bankateers created rules so stringent that people better off then they were when then 2008 Crash hit, were still going to lose their home if they could not afford the HELOC reset. For a guy who got help on his first home purchase in a Bigly way, it was the act of a Narcissist unable to feel the pain of Long Time Homeowners. And it would not surprise me if the pain of losing a home influenced the life expectancy of those crushed by easily fixable banking rules.

These three issues rocked the Heartland while the Media and Barack Obama's Administration snoozed. It's where Hidden News had its baptism, and whenever I see Barack Obama paraded as the Ferris Buehler of Presidents, these three facts need to be brought up so its clear that every President had their faults, some are just brought out a lot more by our biased Media.



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