John Ransom

Obama’s latest mea culpa just confirms how far gone this presidency is.

In an interview with CBS’s Charlie Rose, Obama says that the problem he’s had isn’t with the failed policies of his first term, but rather that he failed “to tell a story to the American people,” according to a report in the Christian Science Monitor.

"The mistake of my first term – couple of years – was thinking that this job was just about getting the policy right. And that's important. But the nature of this office is also to tell a story to the American people that gives them a sense of unity and purpose and optimism, especially during tough times," said the president.

We’re paying White House staffers $38 million yearly, according to Politico, plus looking at roughly $750 million to a billion dollars in campaign spending to support this president- and the best excuse he can come up with for his failed presidency is that he’s not a good story-teller?

This is a man who largely won the presidency on nothing other than a fantastic and unbelievable story he sold to America via willing accomplices in the press.

Remember the story about Chris Matthews and the tingle that ran up his leg when Obama spoke?

That was a true story; a sad story, but still true.        

But being president in one way or another, and at some point in time, for us grown ups in TV land, should become about truth, policy and the American way- not leg tingles.

Leg tingles are great for a romance, but they don’t create jobs; they’re no substitute for an energy policy; they don’t make medical bills magically disappear; they don’t pay the student loans the administration tricked students into taking; they don’t win the war in Afghanistan when you surge more troops into the country and more American troops die; they don’t solve the banking crisis; or make green investments smart; nor do leg tingles restore confidence in government and industry.

John Ransom

John Ransom’s writings on politics and finance have appeared in the Los Angeles Business Journal, the Colorado Statesman, Pajamas Media and Registered Rep Magazine amongst others. Until 9/11, Ransom worked primarily in finance as an investment executive for NYSE member firm Raymond James and Associates, JW Charles and as a new business development executive at Mutual Service Corporation. He lives in San Diego. You can follow him on twitter @bamransom.

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