One of the reasons I have believed for a long time that Obama would be re-elected is that in 2008 he proved to be a very savvy campaigner, taking down the more experienced and heavily favored Hillary in the primaries and then just taking apart McCain & Palin in the general election.
So I thought he had a pretty good shot of doing the same thing to Mitt Romney, but who knew how EASY Mitt would make it for him? Mitt … he’s just got no game.
Latest example — Mitt decides to go after Obama on CHINA policy. Ooooo, Obama hasn’t been tough enough on China on currency policy, which 98% of the country doesn’t even understand. Meanwhile, Mitt has substantial investments in Chinese companies. Riiiiight, he’s going to be REAL tough on China.
Was Obama ready for this? As the Washington Post reported, Obama jumped all over that:
“When you see these ads promising to get tough on China — it feels like the fox saying, ‘You know, we need more secure chicken coops.’ I mean, it’s just not credible,” Obama said in a speech in Bowling Green, Ohio, this week.
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Meanwhile, does Obama have investments in China? No. His investments are in one thing: America.
Based on a public financial disclosure report, the president holds $1 million to $5 million in U.S. Treasury notes, which are sold with terms of two, three, five, seven and 10 years. He also holds $600,000 to $1.25 million in Treasury bills, which have terms of one year or less.
Obama also has $200,000 to $450,000 invested in a Vanguard 500 index fund, which invests in 500 of the largest U.S. companies.
Sometimes I feel like Obama is looking at Romney’s campaign headquarters through binoculars like George C. Scott in Patton growling “Romney, you magnificent bastard, I READ YOUR BOOK!”
