The English language continually demonstrates its resilience to new words. With our first African-American president with an African style name, we now have the following:
Obamacare: An attempt to convert one of the world's finest health care systems into one of the world's worst. This is a variation on snatching victory from the jaws of defeat.
Obamanation: A rejection of the free market and freedom principles that founded the United States to move it toward socialism by, among other methods, attempting to repeal the laws of economics.
Obamaton: A follower of President Obama who thinks he is so brilliant that Obama will do his or her thinking for them. Whatever Obama does is right, no analysis necessary.
Obamoron: A variation on the Obamaton, but distinct from it in that the Obamoron actually attempts to justify with emotion argument Obamanation policies, calling the emotional arguments "intellectual." The Obamoron considers himself/herself to be intellectually superior to others, while in fact being intellectually bankrupt. The Obamaton often thinks he/she is entitled to cash from the Obama stash.
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