Realize That Obama Has ‘Fundamentally Transformed’ America Into A Failed Marxist State. Just Ask Poor People And Liberals

Quick test.  Who said this:

“The economy is doing poorly. Everything is expensive. With high taxes, we’re not going to be able to pay rent.”

Wrong, Democrat.  It was NOT Karl Rove or some über right wing nutjob who only said this because he hates Obama (and that because he’s “racist”).  Nope.  It was a 34-year-old Hispanic father named Francisco Zuniga at an SEIU-sponsored protest event.  Who would have thought that out of the mouths of leftist whiners could drool wisdom???

This is the fifth year of the Age of Obama.  It is the fifth freaking year of a failed president whose only talent is blaming others for his massive failures.

Let’s break those words from Zuniga down:

“The economy is doing poorly.”

That is something that literally every single person who is not a demon-possessed liar and hypocrite without shame (i.e. a Democrat) knows as a fact.  Obama promised the world; he has delivered economic manure.

What else does Zuniga say?

“Everything is expensive.”

Well, thanks for noticing that little factoid, Francisco.  I’ve written ad nauseum about the Obama Federal Reserve policies that were necessary to “fund” Obama’s reckless and morally and fiscally insane federal spending.  We’ve had Quantitative Easing, we’ve had QE2, we’ve had Operation Twist, we’ve had QE3, and now we’re at “QE Forever.”  And these policies have basically arbitrarily added zeroes to the money supply computers.  As of March of this year, Obama’s chief Fedthug had added over $2 trillion to the money supply – a beyond insane 240 percent increase.

It’s actually probably a lot more than that “mere” 240 percent increase.  CNN Money says that rather than $2 trillion, it’s actually been at least $2.5 trillion.  And as Democrat Bernie Saunders notes, it’s actually an awful lot more than that, given the AT LEAST $16 trillion in “secret loans” that had taken place under Obama’s Federal Reserve.  I mean, holy hell, where did all this cash come from?  From Never-Never Land, that’s where.

Let me put it this way: when Obama took office from George W. Bush, the Federal Reserve balance sheet was $800 billion; it is now $3,601,523 BILLION under Barack Obama.

In an article I wrote three full years ago:

An increase in the money supply is rather like an overdose of drugs. And in this case the effect of the overdose will be hyperinflation. Basically, the moment we have any kind of genuine recovery, our staggering deficit is going to begin to create an ultimately gigantic inflation rate. Why? Because we have massively artificially increased our money supply beyond our ability to actually produce real wealth, and that means that money will ultimately be devalued. There’s simply no way it can’t be. If simply printing money solved financial problems, the government could just mail everyone several million dollars, and we could all retire. The problem is that more money chasing a limited supply of goods simply pushes up prices higher and higher without doing anything to solve the underlying economic problems. If we have a recovery, with increased economic activity, there will be increased demand on the money supply, forcing an upward climb in interest rates as a means of controlling the currency. And then we’ll begin to seriously pay for Obama’s and the Democrat Party’s sins. Paradoxically, the only thing preventing hyperinflation now is the recession, because people aren’t buying anything and therefore aren’t competing for those limited goods.

THAT is why we haven’t yet experienced truly catastrophic hyperinflation YET.  But the moment we ever actually start to get out of the economic hellhole Obama has dug us into, we will see inflation at levels that will shock and dismay you.  You mark my words.  And what we’ve now learned is that having become hooked on the hardcore narcotic known as QE crack, we can’t get off of it – because if we try the stock market will crash and people will start to panic.

Who is actually going to pay for all that money Obama invented?  I pointed out the sad reality a year ago:

Nobody’s talking about what that massive devaluation of our currency is going to ultimately cost us.  Nobody is talking about the fact that the people who are going to pay the highest tax as a result of this action – and it IS a regressive tax – will be retirees who will see the value of their savings drop even as they look at interest rates and pension funds that pay them nothing.  Retirees are not in a position to snort the crack of quantitative easing; they depend mostly on bonds.  And the Obama administration and the Federal Reserve have decided to stab the bond market  that older investors necessarily depend upon in the heart to artificially inflate the stock market.  Until they have to do it again.  And again.  And of course pretty soon again and again after that.

Commodities like oil and food – which conveniently are being ignored as proof positive that we are already seeing MASSIVE inflation – will continue to go up and up and up (see here and here and here for examples).   The fact of the matter is that prices are rising dramatically and HAVE BEEN rising dramatically, and what just happened today will sure that they CONTINUE to rise dramatically.  And everybody but Obama and the Federal Reserve know it.

And everything I predicted in that article and one I wrote back in 2011 turned out to be right.  Except I used the term “QE 4″ and Obama’s economic wizards called it “QE Forever” instead.  And all the way back in 2010 I said it would fail, as it HAS failed.  You need to understand: as I pointed out in May 2011, quantitative easing is the economic equivalent of feeding a diabetic lots of sugar.  It is incredibly unhealthy and will ultimately kill the patient, but once you start feeding that sugar you can’t stop or the patient will crash and die for sure, just as Wall Street will crash and die if Obama stops giving them free sugar candy money.

Let me add another group of people to retirees I described above, Francisco: THE POOR.  Because most of the poor are on fixed incomes every bit as much as retirees are.  And their low wages, their welfare and their food stamps just aint going to keep up with the inflation that has resulted from printing money.  When you print money out of thin air, and you’ve got trillions more dollars chasing the same amount of finite resources, the value of those dollars goes down, down, DOWN.

It turns out that “free money” isn’t really so damn free, after all.

Commodities such as food and fuel are skyrocketing - especially gas as Obama’s failed Middle East policy rears its ugly head in Syria (although, mind you, Obama’s gas prices have been shockingly high all along) - and so, yeah, Francisco, “everything is getting more expensive.”

We’re to the point where we will soon be spending more money in interest to service our psychotic debt than we will on anything else.  By the next decade – and keep in mind we’re nearly half way there NOW – we will be spending the equivalent of the 2009 $862 billion Obama stimulus EVERY SINGLE YEAR.  Only those payments will be going to China while they mockingly laugh at our stupidity that made us their debt slaves.

You aint seen nothing yet, Francisco.  Thanks to Obama, your hell is going to get a lot more hellish.

What else did Francisco tell us?  He told us that Obama’s economy was crappy and thanks to Obama’s moral and fiscal idiocy, everything was more expensive now due to inflation.  What else did he say?

“With high taxes, we’re not going to be able to pay rent.”

I don’t need to point out which party and which failed president of which damn party is behind all those taxes, of course.

Let’s try to put this in terms that Francisco will understand if he doesn’t already: who owns your house you’re paying that rent on?  And what do you think happens when liberal demagogues “tax the rich”???  Here’s what will happen: when Obama and Democrats viciously tax “the rich” who own that house you rent, what’s that high-taxed owner going to do?  He’s going to raise your damn rent, THAT’S what he’s going to do.  And if you don’t like paying more in rent, you’d better show up with a huge mob of likeminded enraged sufferers with pitchforks and torches to drive Obama out of Washington before he creates another monster and kills again.

But you won’t, will you?

I want you to consider something about Obama’s “housing recovery” within Obama’s “economic recovery.”  They’re both radically and wildly FAILED.  I want you to consider, Mr. Zuniga, the ramifications of the fact that SIXTY PERCENT OF HOMES SOLD IN 2013 WENT TO CASH BUYERS.  Before I point out what that means, let me first point out how connected it is with the radically failed Obama Fed policies that have kept the money printing presses going night and day and day and night:

USA: 60 percent of homes sold in 2013 went to all cash buyers
Posted on August 16, 2013 by Stacy Herbert

Stacy Summary: This is what interest rate apartheid looks like.

USA:  60 percent of homes sold in 2013 went to all cash buyers

There was an odd sort of myth floating around the market that the cash buyer  crowd was somehow a tiny portion of the market, like a drop of water in the vast  ocean of home buying.  This delusional dream played into the fantasy that this  housing market was naturally rising because of overall household demand when in  reality, it is being driven by investors leveraging the artificial low rates  created by the Fed.  The flood of money from Wall Street has been large.  Even  anecdotally, it was apparent that cash buyers were driving the market given that  housing is a margin driven market.  That is, at any given time only a small  portion of all homes are on the market for sale.  However, an analysis by  non-other than Goldman Sachs shows that 60 percent of all 2013 home sales are  being driven by cash buyers.  That is, the middle class is largely being pushed  out of this game and has become the minority in this real estate market.

You see, Mr. Zuniga, these rich people are taking advantage of the crony capitalism (fascism) of Obama that has helped the elite investor class at the expense of the poor.  They’re snapping up the homes that YOU’RE going to rent.  And then they’re socking you with higher and higher rents.  Meanwhile, you’ve got virtually no change to ever own a home thanks to Obama.  The American dream is dead meat.  And did I mention this is the FIFTH year of the Age of Obama???  But it’s all Bush’s fault, much the way in the Big Brother society of 1984 it was all “Emmanuel Goldstein’s” fault.

Meanwhile, Mr. Zuniga, it’s getting harder and harder for you to even GET a job in Obama’s wildly failed economy.  The jobless rate just went down to 7.4%.  Hip-hip-hooray.  Only it did so as still MORE of the decimated American working class were destroyed into hopelessness at EVER finding a job.

There is an incredibly significant labor measure called the “labor participation rate.”  It is the percentage of working-age Americans who actually have a damn JOB.

There’s an article I wrote a little over a year ago that you ought to consider.  I detailed then the catastrophic plunge in the rate of Americans who actually have a job in the miserably failed Obama economy during and throughout the Obama regime.  At that time, it was the worst it had been in thirty years.  And I noted how each year under Obama’s failed Marxist State, it had just gotten worse and worse.  As an example, I recorded that in November 2010 – and note this AFTER the so-called “recovery” – the labor participation rate was the worst it had been in 25 years.  Which is to say far, FAR worse than anything Bush had ever done, you Democrat ideologues.  The next year, by August 2011, it was the worst in 27 years.  And by May of 2012, it was the worst due to Obama in 31 years.

Here we are, a year or so later, and how have things gone?  Just as I told you they would go under this failed president’s failed leadership and failed ideology: the labor participation rate is now the worst in 35 years.

And the reliably überliberal Los Angeles Times was forced to acknowledge it in these terms:

Although the unemployment rate ticked down to 7.3% last month — the lowest level since December 2008 — it fell largely for the wrong reason. More discouraged Americans gave up looking for work as the percentage of the population in the labor force dropped for the third consecutive month to its worst point in 35 years.

The unemployment rate has been dropping – which has been as good for Obama politically as it has been catastrophic for the rest of America economically.  I predicted a year and a half ago:

At the rate we’re going in Obama’s God damn America, we will have zero percent unemployment and nobody will actually have a damn job.

And, yep, that’s the way we’re headed.

Democrats are demon-possessed bureaucrats.  That’s where they get their name from.  They claim that the labor participation rate is falling as older baby boomers retire.  But that is a LIE FROM HELL.  As an example, it is YOUNG ADULTS who are suffering the most due to Obamanomics.  People cannot find a job who need to work.

And because of ObamaCare, full-time jobs have been “fundamentally transformed” by Obama into part-time jobs with no health benefits.

And if you don’t believe me, again, just ask liberals.  A letter signed by the heads of the Teamsters, the UFCW and UNITE-HERE have this to say about Obama’s impact on workers and the hours they get to work:

When you and the President sought our support for the Affordable Care Act (ACA), you pledged that if we liked the health plans we have now, we could keep them.  Sadly, that promise is under threat. Right now, unless you and the Obama Administration enact an equitable fix, the ACA will shatter not only our hard-earned health benefits, but destroy the foundation of the 40 hour work week that is the backbone of the American middle class.

The letter from these liberal unions points out the obvious fact that Democrats refuse to acknowledge about their demonic ObamaCare takeover of healthcare:

First, the law creates an incentive for employers to keep employees’ work hours below 30 hours a week. Numerous employers have begun to cut workers’ hours to avoid this obligation, and many of them are doing so openly. The impact is two-fold: fewer hours means less pay while also losing our current health benefits.

Second, millions of Americans are covered by non-profit health insurance plans like the ones in which most of our members participate. These non-profit plans are governed jointly by unions and companies under
the Taft-Hartley Act. Our health plans have been built over decades by working men and women. Under the ACA as interpreted by the Administration, our employees will treated differently and not be eligible for subsidies afforded other citizens. As such, many employees will be relegated to second-class status and shut out of the help the law offers to for-profit insurance plans.

And finally, even though non-profit plans like ours won’t receive the same subsidies as for-profit plans, they’ll be taxed to pay for those subsidies. Taken together, these restrictions will make non-profit plans like ours
unsustainable, and will undermine the health-care market of viable alternatives to the big health insurance companies.

You want to know who is killing your dreams, Mr. Zuniga?  Democrats.

But you keep voting for them anyway, because you prefer lies and more socialism and more welfare and then more lies and still more socialism and still more welfare, to the truth that would set you free if you were willing to finally act like a man and be determined to stand up on your own two feet and demand an economic system that enables you to do that.

You’re siding with the wrong people, the wrong party, the wrong political philosophy.  You’re siding with the people who keep HURTING you.  As you’d understand if you stopped and thought about your own words.

You’re one of those people who still idiotically believes that when Obama “gives” you “free stuff,” it’s actually FREE.  Let me pop your bubble, Francisco: when ObamaCare taxes insurance companies, taxes drugs, taxes medical devices, and mandates (that means forces) the health industry to pay for all of these “free” benefits such as free birth control and 26-year-olds staying on mom and dad’s health plan, the cost of medical care rises FOR EVERYBODY.  And at the same time the quality of health care goes up for EVERYBODY.

And that has had the result that people are getting kicked off health plans rather than all the lies Obama promised.

You don’t understand that everything you and your Democrats want to do – such as force businesses to raise the minimum wage whether they can afford to do so or not, whether they will cut their work forces or not, whether they will be forced to raise prices (which will reduce demand and thus reduce jobs) on poor people who buy from them or not – undermines the economy and hurts the very poor people Democrats dishonestly claim to be trying to help.  Back in 2009, I predicted that Obamanomics with its totalitarian dictate on employers to pay higher wages would be a holocaust for minimum wage workers.  And I was right.  And I just keep being more and more right as Obama’s devastating and disastrous impact on the economy spreads like the cancer that it is.

In order for the economy to create jobs, and create enough jobs to get America out of the hellhole Obama put it in, the government needs to step off employers’ throats.  Quit forcing them to do stuff they can’t afford to do and cover stuff they can’t afford to cover.  Cut their taxes so they have an actual INCENTIVE to create jobs.  And for that matter cut the damn welfare incentive so that working-age adults who ought to be ashamed of themselves if they were capable of that virtue have an actual incentive to start working.

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6 Responses to “Realize That Obama Has ‘Fundamentally Transformed’ America Into A Failed Marxist State. Just Ask Poor People And Liberals”

  1. genomega1 Says:

    Reblogged this on News You May Have Missed and commented:
    Realize That Obama Has ‘Fundamentally Transformed’ America Into A Failed Marxist State. Just Ask Poor People And Liberals

  2. HL Says:

    Hi Michael, long time, no comment! I’ve been a fairly frequent reader even though I just haven’t had the heart to comment. I am so blessed you are taking good care of yourself, changing your diet and exercising.
    We saw this all in 2008 when the LIAR-in-Chief came on the scene, didn’t we? But living through it on a daily basis is a whole other matter.
    I wonder if the Francisco’s of this country will EVER WAKE UP AND CONNECT THE DOTS???
    May our precious Lord Jesus continue to bless you in all you put your hand to.
    Your friend,
    HL

  3. truthunites Says:

    This situation is stupid and ugly, so stupid and ugly I can’t help but utter a miserable laugh at the stupid foolishness of it all.

    It’s just so ridiculous. So insane, really. Like watching Lib Zombies jam their face into a plate of feces, ferociously slurping it clean, and then asking for more.

    How long can a decent and honorable person watch such willing self-degradation? The Lib will even chase you down and beat you with a stick for respectfully objecting to his behavior.

    Whaddya gonna do? Pump weights?

  4. Michael Eden Says:

    genomega1,

    Thanks for your work, genomega.

  5. Michael Eden Says:

    HL,

    Sadly, most likely not. And that is because “The god of this age has blinded the minds of unbelievers so that they cannot see the light” (2 Cor 4:4).

    People who do not believe in God and will not choose to follow Christ are radically stupid people because they hate truth itself. That is why liberals so despise facts and reality and fabricate their own.

    Thanks for your encouragement on the personal note. It is truly good to hear from you, HL.

    Your friend as well,
    Michael

  6. Michael Eden Says:

    Like watching Lib Zombies jam their face into a plate of feces, ferociously slurping it clean, and then asking for more.

    truthunites,

    You’re being far too gracious. Lib Zombies don’t “ask for more” feces; they DEMAND more. They are ENTITLED to more. And if they don’t GET more, then they will riot (a.k.a. “Occupy”) until they GET their feces.

    What am I gonna do? Pump weights?

    Of COURSE that’s what I’m going to do!

    That last point is well taken; this nation is now so utterly screwed that people with common sense need to be seriously asking, “What am I going to do to save my country for the sake of my kids?”

    Unfortunately, most Americans are the proverbial lemmings. Which is why we are so completely screwed and why we probably won’t act to save ourselves from the Obama Destruction Agenda.

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