The Exasperation of the Democratic Billionaire … Real-estate and newspaper mogul Mortimer Zuckerman voted for Obama but began seeing trouble as soon as the stimulus went into the pockets of municipal unions. … "It's as if he doesn't like people," says real-estate mogul and New York Daily News owner Mortimer Zuckerman of the president of the United States. Barack Obama doesn't seem to care for individuals, elaborates Mr. Zuckerman, though the president enjoys addressing millions of them on television. The Boston Properties CEO is trying to understand why Mr. Obama has made little effort to build relationships on Capitol Hill or negotiate a bipartisan economic plan. – Wall Street Journal
Dominant Social Theme: Obama doesn't get it … but he better!
Free-Market Analysis: The Wall Street Journal's weekend interview, conducted with Mortimer Zuckerman (left) by James Freeman, comes to the conclusion that US President Barack Obama doesn't lie enough. That's not Zuckerman's conclusion, that's ours. We expand below.
The interview is also a warning to Obama in our view. We believe the powers-that-be send messages via the media and Zuckerman is surely an elite messenger. He's very wealthy in his own right, believes in the globalist agenda, and this is the second time he's spoken out against Obama in the pages of the Journal in several months. Freeman, assistant editor of the Journal's editorial page, brings that up himself:
A longtime supporter of the Democratic Party, Mr. Zuckerman wrote in these pages two months ago that the entire business community was "pleading for some kind of adult supervision" in Washington and "desperate for strong leadership." Writing soon after the historic downgrade of U.S. Treasury debt by Standard & Poor's, he wrote, "I long for a triple-A president to run a triple-A country."
His words struck a chord. When I visit Mr. Zuckerman this week in his midtown Manhattan office, he reports that … "The sense is that the policies of this government have failed. . . . What they say about [Mr. Obama] when he's not in the room, so to speak, is astonishing."
Interestingly, Zuckerman confirms our employment analysis in this interview. "The official level of 9.1%, which only measures people who have applied for a job within the previous four weeks … Mr. Zuckerman says that when you also consider the labor-force participation rate … the real U.S. unemployment rate is now 20%. His voice rising with equal parts anger and sadness, he exclaims, 'That's not America!'"
Strange to see such an important member of the establishment confirm what ShadowStats has been pointing out for years. As for us, we'll believe a level of honesty is approached when people start to mention 30 percent unemployment, which is where we think the REAL figure may be.
Zuckerman also makes other blunt points. He says the stimulus money for the economy went mostly into the pockets of unions – Democratic supporters, in other words. He also criticizes the health care legislation that the Obama administration rammed through Congress, saying Obama should have concentrated on jobs growth, not health care.
He's not a big fan of Obama's new job growth plan either, or at least the way Obama is handling it. Zuckerman (of course) supports more taxes on the rich, but wonders why "didn't [Obama] begin [to promote his jobs plan in] private bipartisan discussions with House and Senate leaders, instead of another address to a joint session of Congress." He has more to say about Obama's lack of leadership:
"Harry Truman had a wonderful definition for the presidency. He said the president has to be someone who can persuade the American people to do what they don't want to do and to like it. And that's what you have to do. Somebody like Reagan had that authority. He was liked so much and he had a kind of moral authority. That's what this president has lost." "Democracy does not work without the right leadership," he says later, "and you can't play politics." The smile inspired by Reagan memories is gone now and Mr. Zuckerman is pounding his circular conference table. "The country has got to come to the conclusion at some point that what you're doing is not just because of an ideology or politics but for the interests of the country."
From our humble perspective what Zuckerman is saying is that Obama is not a good enough liar. We point this out because almost everything that has happened to the US in the past century has contributed to its downfall.
Wars, regulations, central banking, higher and higher taxes – none of this has been good for freedom or prosperity for the average person; thus, the "people" have had the right instincts when it comes to "what they don't want to do." That presidents have been able to persuade Americans to do it anyway is no great endorsement of the system – it simply means that people can't stop the train riding over them roughshod.
These statements, in fact, reveal Zuckerman's basic attitude toward US governance – and we're sure they're generally shared within his circle. For Zuckerman, the political system in place now (we call it neo-feudalism) doesn't work without "leadership" and "moral authority."
When he writes that people have to perceive that the president is doing his job based on the interests of the country, he is basically endorsing a dominant social theme that was in place throughout the 20th century but is evidently failing now.
It was progressive remedies – applied with moral authority and considerable subterfuge – that produced the West's ruination. The elites that put Obama in power expect him to mimic Franklin Delano Roosevelt and inspire the "country" of America (really just a collection of people) to support their own FURTHER destruction. This formula worked in the past but it doesn't work so well today.
Maybe Zuckerman's frustration has more to do with the breakdown of elite control thanks to its failing grip over information technology than it does with Obama himself. Zuckerman himself owns two prime media properties – the Daily News and US News and World Reports – but he cannot stem the tide, either.
Nonetheless, it is not Zuckerman in our view who has to be immediately concerned but Obama. If he cannot "lead," then surely the elites will try to find someone else with magic elixir. They've already turned to Hillary, and so far, she has wisely turned them down. Perhaps she knows something that Zuckerman does not.