Groundhog Day 2012 - Starring barack obama

The definition of insanity is doing the same thing over and over while expecting different results. Which brings us to the obama administration.

In a surrealistic version of the movie Groundhog Day, obama and his furry little rodent buddies, in a desperate bid for reelection, are trotting out new versions of policies and programs that have failed in the past. Two examples:

In a 2011 Labor Day speech obama introduced Son of Stimulus. Modeled after his signature $787 billion dollar flop that he promised us would energize the economy, create jobs, and end the recession, Stimulus Jr.'s price tag is 'only' $300 billion.

President Barack Obama plans to propose sparking job growth by injecting more than $300 billion into the economy next year, mostly through tax cuts, infrastructure spending and direct aid to state and local governments.

Sound familiar?

More recently, the downgrader-in-chief announced a new plan to help the nation's struggling housing market. This comes after his initial program crashed and burned.

Starting shortly after taking office in 2009, Obama announced a series of programs that were designed to help the troubled housing market turn around, an effort initially estimated to cost $75 billion.

However, only about $3 billion has been spent on the administration’s housing programs as of the end of last year. That total is projected to grow to about $8.6 billion by 2017, based on the number of borrowers who are currently enrolled, according to the Treasury Department.

But not to worry, America! We're assured that the new program is much better thought out.

President Barack Obama will trumpet the new mortgage refinance rules announced today by the Federal Housing Finance Agency — but his administration admits it has no idea how many people they will help.

... Gene Spelling, the director of the National Economic Council, told reporters Monday that it is "uncertain" how many more Americans will now be eligible for refinancing.

He added that it's also uncertain how many homeowners who are eligible will take up the program — but maintained that the rules change is still "significant."

Well, okay, maybe "assured" was the wrong word. But at least we know that the uncertainty is significant.

If you understand that last sentence you are qualified for a job in the obama administration...