Or you could stop being a Marxist roach and listen to the wisdom of Milton Friedman:
Posts Tagged ‘anti-business’
Are You In Favor Of Banning Corporate Profits So Businesses Quit Operating And Nobody Has A Job? Then Vote Democrat, You Dumbass.September 11, 2012
‘The Other Side Will Tell You’ (The Truth): The Worst President EVER Tries To Inoculate His Followers Against RealityJune 15, 2012
In an Ohio campaign event, President Barack Obama described the kind of ads he foresees the GOP running against him during the election cycle.
“From now until then, both sides will spend tons of money on TV commercials. The other side will spend over a billion dollars on ads that tell you the economy is bad, that it’s all my fault; that I can’t fix it because I think government is always the answer, or because I didn’t make a lot of money in the private sector and don’t understand it, or because I’m in over my head, or because I think everything and everybody is doing just fine,” Obama said at Cuyahoga Community College Metropolitan Campus in Ohio on Thursday.
Notably, Obama did not refute the hypothetical accusations.
“That’s what the scary voice in the ads will say; that’s what Mr. Romney will say; that’s what the Republicans in Congress will say. Well, you know, that may be their plan to win the election. But it’s not a plan to create jobs. It’s not a plan to grow the economy. It’s not a plan to pay down the debt. And it’s sure not a plan to revive the middle class and secure our future.”
It’s interesting. Obama first says, “The other side will spend over a billion dollars…” Do you know which side first brought up the real possibility that it would be able to raise over a billion dollars?
Let’s consider a few facts. Barack Obama became the first politician – as young and as inexperienced as he is – to raise over a billion dollars in the entire history of the human race. Obama’s favorite source of money was the very Wall Street financiers he demonized as greedy and cynical fat cats. Obama is the slick pathological political weasel who has now held more fundraisers than the last five presidents COMBINED. As of March 27, Obama had attended 191 fundraisers – FAR EXCEEDING ANY PRESIDENT EVER RECORDED IN HISTORY. In 2008, Obama outspent John McCain by at least 3-1 and by as much as 5-1 after breaking his promise to accept the public campaign matching funds that every previous party nominee had accepted until Obama.
Now this pathological weasel is following the liberal script to whine about the huge sums of money that HE HIMSELF OPENED THE DOORS TO HELL IN RAISING. There never would have BEEN a Citizens United case that the left so demonizes had Obama accepted the same matching funds that every major party candidate for president had accepted before him. Obama is the pathological weasel who started a war over campaign money and used that war chest to annihilate the other side and then actually complained that the other side was actually fighting back.
Obama says they’re going to tell you “that tell you the economy is bad, that it’s all my fault.” Well, that’s a shocker. We thought Obama knew that he’d been the president for the last four years and that the president was responsible for his economy. That’s been true in the past, but not in this case, because Obama is a pathological weasel and a malignant narcissist to boot. So Obama has never once accepted so much as a scintilla of blame for ANY of his four years of failure. Rather, he’s literally still blaming Bush – and if you want four more years of failure along with four more years of excuses and four more years of blaming Bush, you know who to vote for. Rather, he’s blaming the Republican Party for “obstructionism” – as if the two years of utter Democrat obstructionism in which Democrats controlled both the House AND the Senate during the period between 2006 and 2008 when the economy went to crap, during which a Senator named Barack Obama and a Senator named Joe Biden participated in obstructing absolutely everything George Bush tried to do while personally demonizing him on a constant basis, and the first two years of the Obama administration when he had total control of the White House, the House and the Senate but got NOTHING done to help the economy, mattered.
I ask you:
Further, Obama and the Democrats – in trying to demonize Republicans for their “obstructionism” – are demanding that Republicans vote for what is essentially the son of the son of Obama’s first massive and massively failed stimulus. Remember that first massive stimulus that was officially $862 billion but which the CBO said would actually cost $3.27 TRILLION when it was all said and done? Remember that second stimulus program for $447 billion that will likewise cost far more than that? How many more stimulus programs should Obama get? How many trillions of dollars in government spending is enough?
But that’s exactly what Obama is doing: demanding more of what he has already done and which has already failed. Obama demands that America bash its head against a reinforced brick wall until it is a brainless collectivist socialist state like Europe. Nothing will stop him from turning America into a failed state except an election.
So yeah, Barry Hussein, we DO blame you for your four years of mess. Consider this summary of Obama’s record:
Few things are more difficult in politics than confronting failure and learning from it. It is especially difficult when a leader you have championed, and in whom you have placed your highest hopes, turns out to be less than he seemed.
Such is the dilemma facing liberals in the age of Obama. Barack Obama entered the presidency with his sights and standards very high, and many liberals believed he could be the transformative figure they had been awaiting for generations. But by now it is clear that, by any reasonable measure (including those set out by Obama himself at the beginning of his term), his presidency has been a failure.
Consider the economy. President Obama has overseen the weakest recovery on record. He is on track to have the worst jobs record of any president in the modern era. The standard of living for Americans has fallen more dramatically during his presidency than during any since the government began recording it five decades ago. As of this writing, unemployment has been above 8 percent for 38 consecutive months, the longest such stretch since the Great Depression. Home values are nearly 35 percent lower than they were five years ago. A record 46 million Americans are now living in poverty.
The economist Michael Boskin has listed some of the post–World War II records set during the Obama years: among them, federal spending as a percentage of GDP at 25 percent, the federal debt as a percentage of GDP at 67 percent, and the budget deficit as a percentage of GDP at 10 percent. The United States has amassed more than $5 trillion in debt since January 2009, with the president having submitted four budgets with trillion-dollar-plus deficits. (Prior to Obama, no president had submitted even a single budget with deficits in excess of a trillion dollars.) In addition, government dependency, defined as the percentage of persons receiving one or more federal benefit payments, is the highest in American history.
Add to this the fact that the president’s signature domestic achievement, the Affordable Care Act, is among the most unpopular major domestic policies passed in the last century; and that the $787 billion American Recovery and Reinvestment Act, widely known as Obama’s stimulus package, is so unpopular that his aides have virtually expelled the word stimulus from their lexicon.
And yeah, add to that the fact that Obama keeps trying to same trick under different names – it’s no longer a “stimulus,” it’s an investment The “S” word is a dirty word, so Obama has to use another dirty word to sucker the American people into doing the same fool thing all over again. It’s no longer “shovel-ready jobs,” it’s “construction workers ready to get dirty”. And, you see, the fact that Obama is not talking about construction workers ready to get dirty “right now” means we can’t consider his infamous confession that “Shovel-ready was not as … uh .. shovel-ready as we expected.”
Obama most certainly cannot run claiming that the American people are better off under his presidency than they were. We just found out that the average American household lost a whopping forty percent of their wealth. Liberals want to blame some of that loss on Bush, but guess what: the median household income is down more after Obama’s first three years of failure (down $4,300 since assuming office) than it was under the entire Bush presidency (down $2,000 over eight years):
Barack Obama campaigned four years ago assailing President George W. Bush for wage losses suffered by the middle class. More than three years into Obama’s own presidency, those declines have only deepened.
The rebound from the worst recession since the 1930s has generated relatively few of the moderately skilled jobs that once supported the middle class, tightening the financial squeeze on many Americans, even those who are employed.
As a candidate in 2008, Obama blamed the reversals largely on the policies of Bush and other Republicans. He cited census figures showing that median income for working-age households — those headed by someone younger than 65 — had dropped more than $2,000 after inflation during the first seven years of Bush’s time in office.
Yet real median household income in March was down $4,300 since Obama took office in January 2009 and down $2,900 since the June 2009 start of the economic recovery, according to an analysis of census data by Sentier Research, an economic- consulting firm in Annapolis, Maryland.
One of the interesting things that comes from these facts is that Americans have actually lost more in household income SINCE “the recession officially ended” ($2,900) than they had during the recession ($4,300 – $2,900 = $1,400). Obama’s “recovery” is a “wreckovery” – which is the term conservatives like Michelle Malkin coined in predicting that Obamanomics would be a colossal and wildly expensive failure. It is literally true to state that Obama’s “recovery” has been harder on American families economically than the recession that he keeps claiming he inherited was for those families.
There are more Americans living in poverty under Obama than any time during the 52 years the government has been publishing figures for that statistic. There are more grown-ups living with their parents than any time during the last sixty years.
Pardon us for telling the world about what a profound failure you are, Barry Hussein. Sorry it bothers you. Truly sorry you are a pathetic and inadequate man in a job that is clearly way over your abilities to perform.
Obama says the Republicans are going to say “that it’s all my fault; that I can’t fix it.”
Obama in 2009: If I can’t fix the economy in three years, you can call me former President Obama
by editor on June 16, 2011
Don’t you hate it when your own words come back to bite you in the butt? Back in February 2009 President Obama told Today Show host Matt Lauer that he’d be a one-term president if he didn’t fix the economy in three years.
“I will be held accountable,” Obama said. “I’ve got four years and … A year form now, I think people are going to see that we’re starting to make some progress, but there’s still going to be some pain out there … If I don’t have this done in three years, then there’s going to be a one-term proposition.”
Obama at the time he made that remark clearly believed that his Obamanomics held the answer, and that he could turn the economy around with his Obamanomics. His was the administration that predicted that if his stimulus was passed – by which I mean the first $862 billion one, not the second $447 billion dollar one that he demanded follow it – unemployment would not go above 8% and that in fact unemployment would be less than 6% by now. And he was saying if I’m wrong I’ve got no business holding this job and I should be voted out of office.
Question: DID OBAMA FIX THE ECONOMY? Please consider the above section on the economy before you provide an asinine answer, liberal.
Obama predicts we’ll going to say that “the economy is bad, that it’s all my fault; that I can’t fix it because I think government is always the answer.”
Barack Obama is the most antibusiness president in a generation, perhaps in American history. Thanks to him the era of big government is back. Obama runs up taxpayer debt not in the billions but in the trillions. He has expanded the federal government’s control over home mortgages, investment banking, health care, autos and energy. The Weekly Standard summarizes Obama’s approach as omnipotence at home, impotence abroad.
Not only has Obama enacted spending that DWARFS anything ever before seen in the entire history of the human race, and not only is Obama literally spending $2.52 in bucks seized from taxpayers or borrowed from the Chinese for every $1 he gets in bang, not only are Obama’s budgets so insane than not even one single DEMOCRAT would vote for them for the last two years in a row, but the actual Obama spending is even worse than the official numbers:
Real federal deficit dwarfs official tally
By Dennis Cauchon, USA TODAY
The typical American household would have paid nearly all of its income in taxes last year to balance the budget if the government used standard accounting rules to compute the deficit, a USA TODAY analysis finds.
Under those accounting practices, the government ran red ink last year equal to $42,054 per household — nearly four times the official number reported under unique rules set by Congress.
A U.S. household’s median income is $49,445, the Census reports.
The big difference between the official deficit and standard accounting: Congress exempts itself from including the cost of promised retirement benefits. Yet companies, states and local governments must include retirement commitments in financial statements, as required by federal law and private boards that set accounting rules.
The deficit was $5 trillion last year under those rules. The official number was $1.3 trillion. Liabilities for Social Security, Medicare and other retirement programs rose by $3.7 trillion in 2011, according to government actuaries, but the amount was not registered on the government’s books.
America’s real debt is not the on-its-face massive $16 trillion; it is well over $211 trillion. And virtually every penny of that debt is due to Democrat policies. And what we are looking at now is a coming $600 trillion collapse. Again, mostly created by liberals and liberal policies.
Yeah, Barry Hussein, you believe that government is God, and you are as determined as any true believer to force all Americans to bow down before you as the god of your Government and render you sacrifices and offerings otherwise known as “taxes.” You DO believe “government is always the answer.”
And as was pointed out, in your demagogic attack that masqueraded as a “major policy speech” and yet offered nothing, NOTHING, you “did not refute the hypothetical accusations” that you literally levied against yourself.
Rather, you state them as a rhetorical device to suggest that they now somehow can’t be used against you – no matter how true they are and no matter what a failure you are. And when we do in fact say the facts that you predicted we’d say – and why wouldn’t we? – you want your worshipers to disconnect the logical side of their brains and instead say, “Obama was right! Scary voice man said exactly what Obama predicted!”
Obama says that the GOP will go after him “because I didn’t make a lot of money in the private sector.” That isn’t true, and if you claim it is, find me a major conservative source that argues that Obama didn’t make enough money to be deemed a fit candidate for president. It’s a straw man demagogic argument like most all of his other arguments that doesn’t have a scintilla of truth to it.
Our argument isn’t that Obama isn’t “rich” and so he shouldn’t be president (Obama IS rich, by the way: his books made him so); our argument is that Obama has basically NEVER had a real job in the private sector and has absolutely no idea whatsoever how the private sector works. In fact, when Obama came the closest he ever would in his career to having such a job, he was so radical and so anti-business that he wrote, “I felt like a spy behind enemy lines.” Obama’s real love was for socialist community agitating and undermining the private sector. Our argument is also the fact that Obama has an administration that is almost as clueless in actual world business experience as he is:
The Obama administration is truly one of the blind leading the blind.
Obama predicts his opponents will say he should not be president “because I think everything and everybody is doing just fine.” Again, Obama demagogues his opponents by offering a straw man. Unlike Obama, we don’t have to invent false statements to demonize our opponent. WE CAN RELY ON OBAMA’S VERY OWN WORDS:
“The private sector is doing fine. Where we’re seeing weaknesses in our economy have to do with state and local government,” President Obama claimed on Friday. His solution to fix the public sector was more government spending.
Nobody is arguing that Obama says “everybody and everything is doing just fine.” That is simply typical lying demagoguery from a lying demagogue weasel. Obama wants to slander and demonize the truth so that when his followers hear it, they will be inoculated against it and turn their brains off. The fact is that Obama said that the private sector is doing just fine, and that ought to be quite a surprise to the vast majority of Americans. According to US News and World Report, about 22 million people work in the American public sector. The OTHER 291 million Americans are in the private sector. And let me assure you that things aren’t nearly so rosy for those 291 million Americans as Barack Obama claims they are.
I document that the labor participation rate clearly proves that Barack Obama has destroyed jobs at a terrifying rate. For men, the labor participation rate is now 70% – the lowest it has EVER been since records started being kept in 1948. The American work force has massively evaporated during the Obama years, with millions of jobs simply vanishing, and if the U.S. unemployment rate were calculated using the labor participation rate that Barack Obama inherited from George W. Bush, the official unemployment rate would be on the order of 11.6%. I also document that a whopping 88 million working age Americans are completely out of the labor force under Obama’s regime.
“The private sector’s doing fine” is a lie from a genuinely evil man.
Many people have admired Obama’s speaking ability. Allow me to point something out: the gift of great public speaking can be a blessing or a curse. In the case of Winston Churchill, it was a blessing, as his courage and clarity of speech rallied the free world to fight and to keep fighting. In the case of Adolf Hitler, it was a curse as an demon-possessed man used the power of lies to ignite the unholy passions of a nation that had succumbed to a spirit of deception. I’m not trying to claim that Barack Obama is Adolf Hitler; I’m merely pointing out the fact that the gift of speech can be used not to illuminate the truth, but to deceive, not to reveal reality, but to distort it, not to untangle the truth, but to tangle it up into knots. Barack Obama does the latter on a constant basis.
When the revelations came out about Rev. Jeremiah Wright – Obama’s self-acknowledged spiritual leader and mentor for over 20 years – I realized that this man was an order of magnitude more evil than any president who had ever sat in the Oval Office, and that America would suffer terribly under him. History documents that I have not been wrong.
So when Obama says, “They’re going to say this about me,” what he’s really saying is, “They’re going to tell you the truth about me. Don’t believe it. Believe my lies instead.”
Tags:anti-business, billion dollars, deficit, I can’t fix it because I think government is always the answer, If I can't fix the economy in three years, labor participation rate, median income, private sector experience, recession, spending, stimulus, The other side will spend over a billion dollars on ads that tell you, The private sector's doing fine, unemployment
Posted in Barack Obama, Conservative Issues, debt, Economy, first Jeremiah Wright term, Politics, socialism | 2 Comments »
Pawlenty on Obama: ‘You can’t be pro-job and anti-business. That’s like being pro-egg and anti-chicken.’June 13, 2011
Tim Pawlenty just went way up on my list of candidates after that particular remark in my title.
Is Obama anti-business? Well, how about this for a factoid: 77% of investors think he is. He was anti-business in 2009. He was anti-business in 2010. And he is still anti-business in 2011. How many eggs are you going to get when you’re out to get all the chickens and when the chickens know you’re out to get them?
Here’s an article that talks about this former governor who has been successful where Obama has failed, failed and failed some more. What is interesting is how we hear Pawlenty talk about how to fix our broken economy, and Obama talking about wtf???
Republican presidential candidate Pawlenty: ‘We are in deep doo-doo’
By Abdon M. Pallasch Political
How badly has President Barack Obama managed the United States’ economy?
Pretty badly, says plain-talking former Minnesota Gov. Tim Pawlenty in a campaign stop in Chicago Tuesday.
“We are in deep doo-doo. We are in deep crap,” Pawlenty said Tuesday, in a locale meant to drive home the Republican presidential candidate’s differences with the president.
In a classroom at the University of Chicago’s Harris School of Public Policy Studies, located across the street from the law school where Obama used to teach, Pawlenty laid out his tax-slashing, budget-cutting proposal that he says will save the U.S. economy:
There would be only three tax rates: Zero, for low-income earners who currently pay no federal tax; 10 percent, for single people earning up to $50,000, or married couples who earn up to $100,000; and 25 percent, for people who earn more than that (down from a top rate of 35 percent now). He would cut the corporate tax rate from 35 percent to 15 percent and end the estate tax.
Those tax cuts, plus a freeze on federal spending, would spur growth of 5 percent a year, he said.
Democrats immediately said Pawlenty’s proposed tax cuts would disproportionately benefit the wealthy.
Obama senior advisor David Axelrod, who finished a speech on the North Side just before Pawlenty started his, credited Pawlenty with “good stagecraft” for holding the speech on Obama’s old stomping grounds. But he said Obama’s budget-fixing recipe is better.
Pawlenty “left his own state with a $5 billion deficit and now he’s counseling the rest of the country on how to handle finances,” Axelrod said. “He proposes massive new tax cuts for upper-income Americans … that would produce huge new deficits. He wants to replay the same formula that got us into the jam in the first place.”
But Pawlenty told the classroom full of students at the university that people should not focus on “whether this makes some group a little more wealthy or a little less wealthy. You can’t be pro-job and anti-business. That’s like being pro-egg and anti-chicken.”
Flirting with the so-called “third rail” of American politics, Pawlenty said he would raise the retirement age for younger workers to start collecting Social Security in the future. People nearing retirement now would not be affected, he said.
“If you’re coming in new to the work force, gradually, over time, we are going to raise the retirement age,” Pawlenty said. “If you’re wealthy, you’re not going to get the cost-of-living adjustment.”
Proposals that can be short-handed as “cutting Social Security” can kill campaigns, but Pawlenty said, “It’s going to be the ‘Jack Nicholson election.’” Referring to the movie “A Few Good Men,” Pawlenty said, “There’s that famous line when he’s on the witness stand and he said, ‘You can’t handle the truth.’ The American people, I think, can handle the truth. It doesn’t mean we freak ’em out. It doesn’t mean we scare ’em. … I’m only doing this because I love the country. We’ll only get it to a better place if people are willing to tell the American people the truth. I am. President Obama isn’t. He’s ducking, bobbing, weaving.”
In a speech at the Misericordia, a home for children and adults with disabilities, Axelrod told the story of how, back in April, he and Obama were crafting a joke about Pawlenty for Obama to use at the White House Correspondents Association dinner. The two were interrupted by a National Security Council staffer who had to brief Obama on something, so Obama asked Axelrod to leave the room.
When Axelrod came back in, Obama rejected a suggestion for a joke about how Pawlenty “could really be a strong candidate but for his unfortunate middle name: bin Laden.”
“ ‘That’s so hackneyed, bin Laden, that’s so yesterday, Why don’t we take that out,’ ” Obama said, Axelrod recalled. “ ‘We’ll put in “Hosni.’’ ’ ” Axelrod didn’t think that was as funny, but he agreed to it.
“It was only the next day that we realized that he had not only eliminated Bin Laden from the joke. He had given the order to eliminate bin Laden from the face of the Earth,” Axelrod told the crowd.
Later, speaking to reporters, Axelrod laughed when asked if he agreed with potential Republican candidate Sarah Palin, who said over the weekend that Paul Revere’s famous ride was an attempt to “warn the British’’ — that the British were coming.
“I think that’s a good reflection of why we can’t abandon education,” he said. “We need good education so everybody knows their history lessons and gets them properly.”
Pawlenty just laughed when asked the same question. He proceeded to a fund-raiser.
Well, first of all,we are – to put it in Pawlenty’s accurate term – ” in deep crap” – and the best Axelrod can do is talk about a joke that Obama’s people are going to go after Sarah Palin for an impromptu remark about Paul Revere when their guy is on the record saying he’d visited 57 states with one more yet to go?
And Obama’s going to talk about Pawlenty’s $5 billion deficit? Seriously? And just how many TRILLIONS of deficit does he have just so far??? Obama’s budget just for this term would add THIRTEEN TRILLION DOLLARS to the national debt. From McClatchy:
WASHINGTON — President Barack Obama proposed a $3.73 trillion budget Monday for fiscal 2012 that he said will start reining in runaway budget deficits, but his plan envisions the gross national debt swelling by almost $13 trillion over a decade.
Obama’s budget sets up a clash with the Republican-led House of Representatives over how to recover from the deep recession of recent years and strengthen the economic foundation for the future, with federal spending the pivotal battleground.
Obama added $3 trillion to the deficit in less than two years. Another way to put it: In just nineteen months, Obama added more to the debt than every single US president from George Washington to Ronald Reagan – combined.
And this idiot is talking about $5 billion??? Like we’re not supposed to laugh our asses off and then impeach Obama as a clear and present danger to the United States? Particularly when in fact Pawlenty in fact DID actually leave office with the budget balanced? If you’re going to talk about devastating developments after the guy was gone – especially when that characterization is being made by the guy’s political enemies – at least have the courtesy to do the same sort of redacting with Bill Clinton’s legacy – who managed to take all the credit for balancing the budget but wasn’t in any way responsible for the disastrous Dotcom crisis that unfolded on his watch.
Which is to say, Democrats should either give Tim Pawlenty plenty of credit for balancing the budget or at least shut the hell up.
Tim Pawlenty as a man has a good, solid life. And he’s got the background and the bona fides to get behind. He is a candidate worthy of consideration.
On Cavuto’s Fox News program on Friday, Cavuto pointed out that the White House was questioning whether Tim Pawlenty was being realistic about whether he could create the kind of 5% GDP that he is talking about. Pawlenty’s response was almost as good as his quip in my title. I don’t have an exact quote, but basically he said “I’m an optimist, and I have an optimistic view of America’s future. We’ve been great before, and I believe we can be great again. And if Barack Obama could say that he was going to provide jobs for the all the jobless, slow the rising oceans, heal the planet, end all the wars and basically remake our nation, I think I can talk about doubling our GDP.”
Tim Pawlenty wants to increase our GDP and grow our economy and create jobs by NOT being anti-chicken while claiming to be pro-egg. In other words, the man actually makes sense.
Obama has spent three years demonizing and attacking businesses while demanding that they create more jobs. That, by stark contrast, is 100% pure insane, no additives or preservatives.
Pawlenty wants profound tax cuts. And while liberals want to ignore history and argue that the more you tax, the more you collect in tax revenue, Pawlenty cites the fact that every single time we have cut tax rates, we have dramatically increased our tax revenues. See my article “Tax Cut’s INCREASE Revenues; They have ALWAYS Increased Tax Revenues” for that documented history.
Think of it in terms of gas (as I’ve argued before in more detail). As the price of gas went up and up and up, did people buy the same amount of gas? No way; they very quickly cut back on their driving. If you increase the price of something, you sell less of it. And in the same way, if you increase tax rates, you invariably end up encouraging counter-productive behavior, as the wealthy find it worthwhile to quit investing and instead pursue tax shelters and loopholes to protect their assets.
It is simply a repeatedly documented fact that every single time we have cut tax rates, we have ended up with increased revenues, as businesses and individuals were encouraged to invest because they were being rewarded with the ability to actually keep more of their own profits. It comes down to this: if I give you a job, and you work hard, but at the end of the day the tax man comes and takes it all away, you’re not going to bother to take my job. With total taxes exceeding 50% in a number of states, businesses and individuals are put in a position in which they take all the risks in hiring and investing – and if they lose they lose big – but even if they win they aren’t allowed to keep enough of their money to make the risks worth taking.
Democrats claim that the deficit has increased with lower tax rates. And that is true. But that isn’t the fault of the lower tax rates – WHICH AGAIN ACTUALLY INCREASED THE GOVERNMENT REVENUES DRAMATICALLY. The bizarre argument that Democrats are making is analogous to the argument that the guy who lives in his parent’s basement and makes minimum wage and lives within his modest means actually makes more money than the multi-millionaire who buys multiple mansions, yachts and cars and then finds himself in debt. It was the reckless spending that put us into the hole, not the tax policies that resulted in the politicians who spent that money having more money to spend. Pawlenty is arguing that we need to profoundly cut tax rates and simultaneously have a balanced budget amendment and dramatically cut our spending.
That isn’t even mentioning the constant hypocrisy of the Democrats as they fail to live up to their own demagogic rhetoric.
Then there’s the issue of the Bush tax cuts. Democrats say we’ve had the Bush tax cuts, and look what’s happened. Two things.
First, consider this: Obama signed the compromise to extend the Bush tax cuts for two more years on December 17, 2010. Many experts believed Obama would be forced to do this as a result of the Republican landslide victory that changed the political landscape in early November. So let’s look at what has happened to the jobless rate since November:
November 2010: 9.8%
December 2010: 9.4%
January 2011: 9.0%
February 2011: 8.9%
March 2011: 8.8%
April 2011: 9.0%
May 2011: 9.1%
Interestingly, Obama initially appeared to be reaching out to the business leaders he had been attacking. After getting his head handed to him in November 2010, Obama began to reach out to Republicans. And then in mid December, he began to reach out to business – with his signing of the Bush tax cuts extension a major part of that reaching out. In early January, he appointed as his new chief-of-staff a man who had a “business-friendly” persona.
And the market, the investors, the businesses, ordinary Americans, liked what they heard. The public clearly, overwhelmingly wanted to see Obama reach out to the party that had just won massively. Republicans are the party of business; reach out to business. Let’s get to work growing this economy rather than attacking the people who grow the economy.
But even as people liked what they heard, there was always a question, as asked in this case by CNN Money:
“So is Obama really changing his tune on big business? Or is the president merely glad-handing big business while plowing ahead with his 2012 goal of making the rich pay more?”
Unfortunately, it didn’t take long before the business and investment community realized that Obama hadn’t changed his spots at all. It’s either “same lies, different tune,” or “different lies, same tune” with this guy.
Before hardly any time had passed, “William Daley” became an afterthought and Obama was right back to attacking business with the same ferocity as before.
Obama’s senior economist Austan Goolsbee – now the FIFTH senior Obama economist to jump Obama’s HMO Titanic (with “HMO” standing for “His Majesty Obama” had this to say shortly before HE left. And this according to an obvious liberal:
When Amanpour asked [Goolsbee] what the Administration could or should be doing to improve conditions, he ticked off items you’d expect to hear from a typical GOP Presidential adviser: we’ve got to get the debt under control; we have a White House effort to identify and get rid of governmental regulations that are preventing the private sector from growing the economy; we should pass “free trade” agreements backed by the Chamber of Commerce; and we should leverage limited public dollars to release billions in private funding for investments.
Goolsbee’s bottom line: “It’s now up to the private sector.” That’s exactly what you’d expect from President Romney’s economic adviser.
And, of course, that brief flash of clarity was immediately followed by Goolsbee’s resignation. We won’t be having any anti-Marxist heresies on Comrade Obama’s watch, no sir commissar.
Just in case you’re wondering why the economy seemed to be improving before going back into the toilet, there’s your answer. The people who actually create jobs began to think that Obama finally had some level of actual awareness about how the economy and business and job-creation works, before Obama slammed the door on that idiotic thesis. They believed Obama’s lies right after the election, then Obama demonstrated (“dictated” is more like it) that he hates business as much as he ever did, then he renewed his war on business, and it’s right back into the crapper with the U.S. economy.
So there’s the backstory behind the economy appearing to improve before diving headfirst back into the gave. Obama is right back to being “pro-job” but “anti-chicken.”
Up above, I said there were “two things” about the Bush tax cuts and their impact on the economy. The first point is that the extension of the Bush tax cuts DID work for five months of straight improvement – at least until Obama and the Democrats made sure that businesses and investors knew that they were as hated as ever.
The SECOND point about the Bush tax cuts – or ANY other tax cuts, for that matter – is that they have to be consistent and long-term before they will truly succeed. This is because businesses need to know their operating environment before they will be willing to take risks such as hiring more workers. They need to have a clear, long-term picture (most think at least five years) of what their tax liability will be. And they need the same kind of knowledge about their health care liability and their regulatory liability. If you start or expand a business, you’ve got one primary question: “Am I going to be able to make this work?” And in order to answer that fundamental question, you need to know what your costs will be.
Obama signed the Bush tax cut extension for two years – and then very quickly went back on that signature by demagoguing the very thing he’d signed. Will these tax rates be there for them in two years? Certainly not, if Obama wins. And there goes the window to make important investment/growth decisions. Obama made sure that business owners wouldn’t have a long-term understanding of their taxes. ObamaCare has thousands of pages being written as we speak; Obama’s regulations are being written as we speak; and nobody knows anything about how any of it will affect them.
Hence the paralysis.
Tim Pawlenty knows that no nation and no economy has ever had a recession that lasted forever – save when leftists have been allowed to run those nations/economies. He also knows that economic growth and expansion are there just waiting for Obama to leave us the hell alone and get off our backs so that business owners can build better lives for themselves and their families – and create the jobs that result from those businesses growing – by allowing wealth creators to keep more of their own money.
He knows that if you really want to be pro-job, you had better be pro-business. And that is something that Barack Obama has now proven he will never be, regardless of what he might say to the contrary.
[Update, 8/13]: Today, Michelle Bachmann won the Iowa Straw Poll, versus Pawlenty – who had spent a lot more time and money – coming in a very distant third.
I can’t explain why Iowans basically walked away from Pawlenty, but I can tell you why I’ve been annoyed with him. It’s simple: his non-stop attack on Michelle Bachmann.
You want to go after people, Tim? Go after Obama. Heck, go after Mitt Romney like a lot of people said you should have done during the first debate. But to go after Michelle Bachmann is just dumb.
To not go after Romney and then go after Bachmann makes you look like a guy who was afraid to fight the star quarterback and then started punching a cheerleader to show you were still “tough.”
You’re trying to present yourself as a true-blue conservative. Everyone KNOWS Michelle Bachmann is a true conservative. So why go after her when you could be going after a Mitt Romney who has held whatever position made him look good at the moment?
To continue, some of your attacks against her are just stupid. Like the one that Michelle Bachmann didn’t stop things like cap and trade and ObamaCare being passed in the House. As if she was somehow the Imperial Queen of the chamber rather than one minority Republican (at the time) in a chamber with 434 other representatives. That was just a plain dumb attack.
You finished a distant third, Tim. Which apparently will allow you to survive. But if you keep tee-ing off on Bachmann, you won’t be around much longer.
Tags:2009, 2010, 2011, 5%, anti-business, Axelrod, budget, Bush tax cuts, candidate, economist, failed, five percent, GDP, Gooslbee, Obama, Obama added, Osama bin Laden, President, revenues, tax cuts, tax rates, That’s like being pro-egg and anti-chicken, three rates, Tim Pawlenty, to the deficit, trillion to the national debt, We are in deep crap, You can’t be pro-job and anti-business
Posted in Barack Obama, Conservative Issues, Democrats, Economy, first Jeremiah Wright term, Politics, Republicans, socialism, taxes, Uncategorized | Leave a Comment »
Conservatives need to keep asking one simple question: How’s Obama’s and the Democrat Party’s “hope” and “change” working out for you?
Not so good if you’re poor.
It’s not so good if you’re working age. Or if you’re a child. Or if you’re black or Latino.
Of course, Democrats have been swindling voters for a generation that they’re out to help such people. The only problem is that their rhetoric is a load of crap, and their policies actually end up hurting the people they deceitfully claim they’re most trying to help.
You know what they say: teach a man to fish and he’ll eat for a lifetime; give him crummy handouts and he’ll be poor and dependent on Democrats until the day he dies. Or at least until he develops the sense to start voting for conservatives who want to empower businesses to create jobs.
Notice I said “conservative,” not “Republican.” Because there’s a huge difference between a true conservative and an Arlen Specter (before he revealed he was a Democrat all along), an Olympia Snowe, or even a Scott Brown.
We need a real change. We don’t need “moderate Republican” (= “warmed-over Democrat”) policies, and the last two years should serve to demonstrate we certainly don’t need Democrat (= warmed-over socialist) policies. We need something we haven’t seen in a long time: committed conservative solutions.
Otherwise 1 in 7 is going to become 1 in 6. And then 1 in 5.
An article from the liberal Huffington Post:
Poverty Rate In U.S. Saw Record Increase In 2009: 1 In 7 Americans Are Poor
HOPE YEN and LIZ SIDOTI | 09/11/10
WASHINGTON — The number of people in the U.S. who are in poverty is on track for a record increase on President Barack Obama’s watch, with the ranks of working-age poor approaching 1960s levels that led to the national war on poverty.
Census figures for 2009 – the recession-ravaged first year of the Democrat’s presidency – are to be released in the coming week, and demographers expect grim findings.
It’s unfortunate timing for Obama and his party just seven weeks before important elections when control of Congress is at stake. The anticipated poverty rate increase – from 13.2 percent to about 15 percent – would be another blow to Democrats struggling to persuade voters to keep them in power.
“The most important anti-poverty effort is growing the economy and making sure there are enough jobs out there,” Obama said Friday at a White House news conference. He stressed his commitment to helping the poor achieve middle-class status and said, “If we can grow the economy faster and create more jobs, then everybody is swept up into that virtuous cycle.”
Interviews with six demographers who closely track poverty trends found wide consensus that 2009 figures are likely to show a significant rate increase to the range of 14.7 percent to 15 percent.
Should those estimates hold true, some 45 million people in this country, or more than 1 in 7, were poor last year. It would be the highest single-year increase since the government began calculating poverty figures in 1959. The previous high was in 1980 when the rate jumped 1.3 percentage points to 13 percent during the energy crisis.
Among the 18-64 working-age population, the demographers expect a rise beyond 12.4 percent, up from 11.7 percent. That would make it the highest since at least 1965, when another Democratic president, Lyndon B. Johnson, launched the war on poverty that expanded the federal government’s role in social welfare programs from education to health care.
Demographers also are confident the report will show:
_Child poverty increased from 19 percent to more than 20 percent.
_Blacks and Latinos were disproportionately hit, based on their higher rates of unemployment.
_Metropolitan areas that posted the largest gains in poverty included Modesto, Calif.; Detroit; Cape Coral-Fort Myers, Fla.; Los Angeles and Las Vegas.
“My guess is that politically these figures will be greeted with alarm and dismay but they won’t constitute a clarion call to action,” said William Galston, a domestic policy aide for President Bill Clinton. “I hope the parties don’t blame each other for the desperate circumstances of desperate people. That would be wrong in my opinion. But that’s not to say it won’t happen.”
Lawrence M. Mead, a New York University political science professor who is a conservative and wrote “The New Politics of Poverty: The Nonworking Poor in America,” argued that the figures will have a minimal impact in November.
“Poverty is not as big an issue right now as middle-class unemployment. That’s a lot more salient politically right now,” he said.
But if Thursday’s report is as troubling as expected, Republicans in the midst of an increasingly strong drive to win control of the House, if not the Senate, would get one more argument to make against Democrats in the campaign homestretch.
The GOP says voters should fire Democrats because Obama’s economic fixes are hindering the sluggish economic recovery. Rightly or wrongly, Republicans could cite a higher poverty rate as evidence.
The projections partly rely on a methodology by Rebecca Blank, a former poverty expert who now oversees the census. She estimated last year that poverty would hit about 14.8 percent if unemployment reached 10 percent. “As long as unemployment is higher, poverty will be higher,” she said in an interview then.
A formula by Richard Bavier, a former analyst with the White House Office of Management and Budget who has had high rates of accuracy over the last decade, predicts poverty will reach 15 percent.
That would put the rate at the highest level since 1993. The all-time high was 22.4 percent in 1959, the first year the government began tracking poverty. It dropped to a low of 11.1 percent in 1973 after Johnson’s war on poverty but has since fluctuated in the 12-14 percent range.
In 2008, the poverty level stood at $22,025 for a family of four, based on an official government calculation that includes only cash income before tax deductions. It excludes capital gains or accumulated wealth. It does not factor in noncash government aid such as tax credits or food stamps, which have surged to record levels in recent years under the federal stimulus program.
Beginning next year, the government plans to publish new, supplemental poverty figures that are expected to show even higher numbers of people in poverty than previously known. The figures will take into account rising costs of medical care, transportation and child care, a change analysts believe will add to the ranks of both seniors and working-age people in poverty.
The mainstream liberal media are calling Afghanistan America’s longest war. But it’s not even close to being our longest war: the Democrats’ “war on poverty” is far and away our longest war. And it has been worse than Vietnam in terms of being a poorly-led and stupidly fought quagmire.
I see “metropolitan areas” and “blacks and Latinos” and I can’t help but laugh at the irony of it. Many metropolitan areas – most definitely including the ones that posted the “largest gains” in poverty – have voted Democrat for a hundred years. And every new election cycle it has been like Charlie Brown and Lucy and the football – with Charlie Brown being the minorities and the poor, and Lucy being the Democrats, and the football being useless promises that will never be there when poor Charlie Brown tries to finally fulfill his dream of kicking that ball down the field to a successful life.
And blacks and Latinos have voted Democrat since that “war on poverty” began, when the very same Democrats who literally put blacks in the abject bonds of slavery began to realize that there was an even better way to keep these people “in their place.”
And they end up living out the definition of insanity, where they keep voting the exact same way for fifty years, and a hundred years, expecting a different result each and every time.
And they wonder why they’re still in poverty, after 50 election cycles of voting for it.
And, sadly, even if conservatives DO take over the House and the Senate, most of these metropolitan areas and the residents who are trapped in them will remain in poverty. Why? Because they will continue to vote the same insane way, and they will end up with representatives and city councils that will block meaningful reform for their districts and cities, and keep them stuck in the same godawful snake oil policies they were selling a century ago.
Do metropolitan cities and minority areas really want jobs? They’re not going to get them in another fifty, hundred, thousand years; not when they keep voting for the likes of Rep. Maxine Waters:
Waters responded by saying in part, “And guess what this liberal would be all about. This liberal will be about socializing … uh, um. …” Recognizing she just let the liberal agenda out of the bag she paused to collect her thoughts and continued, “Would be about…, basically…, taking over…, and the government running all of your companies.”
You’ve really got to laugh at that quote by that Clinton hack William Galston who says he hopes the parties don’t “blame each other.” Whenever Democrats are one-hundred percent to blame for a problem, that’s when they start saying, “Let’s not blame each other.” If this disastrous news had come out during the Bush presidency, you can bet Democrats would be screaming about it. And calling Bush a “racist” for letting it happen.
Do you think businesses and companies are going to locate their businesses where they’ll be under the thrall of these anti-business socialists who despise them? Keep dreaming. And keep demanding that businesses and companies live up to conditions that are impossible for them to meet in the real world and be profitable. And keep remaining in poverty for the next five generations.
A couple of great quotations from a couple of great minds better explains the situation today than most modern minds could ever hope to equal:
“Above this race of men stands an immense and tutelary power, which takes upon itself alone to secure their gratifications and to watch over their fate. That power is absolute, minute, regular, provident, and mild. It would be like the authority of a parent if, like that authority, its object was to prepare men for manhood; but it seeks, on the contrary, to keep them in perpetual childhood; it is well content that the people should rejoice, provided they think of nothing but rejoicing. For their happiness such a government willingly labors, but it chooses to be the sole agent and the only arbiter of that happiness; it provides for their security, foresees and supplies their necessities, facilitates their pleasures, manages their principal concerns, directs their industry, regulates the descent of property, and subdivides their inheritances; what remains, but to spare them all the care of thinking and all the trouble of living?” — Alexis de Tocqueville
“Of all tyrannies a tyranny sincerely exercised for the good of its victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busybodies. The robber baron’s cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience. They may be more likely to go to Heaven yet at the same time likelier to make a Hell of earth. Their very kindness stings with intolerable insult. To be ‘cured’ against one’s will and cured of states which we may not regard as disease is to be put on a level with those who have not yet reached the age of reason or those who never will; to be classed with infants, imbeciles, and domestic animals. But to be punished, however severely, because we have deserved it, because we ‘ought to have known better’, is to be treated as a human person made in God’s image.” — C.S. Lewis
Tags:1 in 7 Americans, 18-64, 1959, anti-business, blacks, C.S. Lewis, child-pverty, children, cities, conservative policies, de Tocqueville, Democrats, demographers, grim findings, increase, Latinos, Lyndon Johnson, Maxine Waters, metroplitan, Obama's watch, poor, poverty, poverty rate, poverty rate increae, socialists, War on Poverty, working age
Posted in Barack Obama, Conservative Issues, Democrats, Economy, Politics, socialism | Leave a Comment »
A cartoonist used the image of the Hindenburg to describe the ideologically-biased mainstream media’s horrified reaction to Obama’s plummeting poll numbers back in July 2009:
But now there is another, far more frightening connection between Barack Obama and the infamous Hindenburg explosion.
Obama aint going down quietly: he’s taking the entire American economy with him:
The Hindenburg Omen IS Scary, but So Are the Fundamentals
Posted Aug 25, 2010 01:37pm EDT by Aaron Task in Investing
After tumbling below 10,000 yet again Wednesday morning, the Dow rebounded to close above that psychologically important level and was slightly higher early Thursday. Still, fear in the market is being expressed by the continued rally in Treasuries and widespread chatter about an ominous sounding technical indicator: The Hindenburg Omen.
The Hindenburg Omen has a roughly 25% accuracy rate in predicting big market upheaval since 1987, meaning it’s far from infallible but isn’t inconsequential either. The indicator’s creator, mathematician Jim Miekka, compares the Hindenburg Omen to a funnel cloud that precedes a tornado in a recent interview with The WSJ. “It doesn’t mean [the market’s] going to crash, but it’s a high probability,” he said.
Complex and esoteric even in the world of technical indicators, the Hindenburg Omen is triggered when the following occurs, Zero Hedge reports:
- – The daily number of NYSE new 52-week highs and the daily number of new 52-week lows must both be greater than 2.2% of total NYSE issues traded that day.
- – The NYSE’s 10-week moving average is rising.
- – The McClellan Oscillator (a technical measure of “overbought” vs. “oversold” conditions) is negative on that same day.
- – New 52-week highs cannot be more than twice the new 52-week lows. This condition is absolutely mandatory.
These criteria have been hit twice since Aug. 12, prompting Miekka to get out of the market entirely, The WSJ reports. Judging by the recent market action, many others are following suit — or at least moving in the same direction.
Worry List Lengthens
As Henry and I discuss in the accompanying clip, there are a lot of reasons to be worried right now that having nothing to with The Hindenburg Omen, the “Death Cross”, Mercury being in retrograde or myriad other indicators cited by market pundits of various stripes.
More fundamental reasons to be concerned include:
It’s the Economy, Stupid: This week’s weak durable goods and home sales reports are just the latest in a string of desultory data. In sum, the macroeconomic data strongly suggest the job market isn’t going to improve anytime soon. And if the job market doesn’t improve, there’s really not much hope for a turnaround in housing, consumer sales or anything else really. Oh, and the stock market is still expensive on a cyclically adjusted P/E basis, making it more vulnerable to an economic slowdown.
Unusual Uncertainty: On July 21, Fed chairman Ben Bernanke testified on Capitol Hill that the Fed’s forecast called for real GDP growth of 3%-3.5% for 2010 and 3.5%-4.5% in 2011 and 2012. Less than a month later, the Fed announced plans to buy Treasuries again (a.k.a. “QE2″) and, as The WSJ reported this week, there’s a tremendous amount of dissention within the Fed about the ‘right’ policy prescription.
Financial Follies: Whether it’s renewed concerns about Europe’s sovereign debt crisis, more U.S. bank closures or reports of commercial developers walking away from properties, it’s clear the problems in the financial system were not resolved by various and sundry bailouts and government stimulus … not by a long shot.
Good Politics vs. Good Economics: S&P’s downgrade of Ireland’s debt and Greece’s revenue shortfall show the short-term perils of the austerity measures that have swept Europe. But promising to cut government spending and slash deficits appears to be a winning political strategy in America right now. Certainly, it’s a key message of Republican and Tea Party candidates, who appear to have the momentum heading into the November mid-term elections. But if Europe’s ‘PIIGS’ are any example, gridlock might not be so “good” for the economy this time around, much less the financial markets.
Of course, the “good” news here is that there’s so much to worry about and the markets typically are darkest just before dawn.
CEOs of large corporations see a mess created by Obama to blame for the malaise that we haven’t seen since Obama’s long-lost twin Jimmy Carter was president:
This week, Intel CEO Paul Otellini and Jim Tisch, CEO of Loews Corp. both blamed the President’s policies for creating an environment of “uncertainty” that is crippling America’s economy.
The Obama administration is “flummoxed by their experiment in Keynesian economics not working,” Otellini said Monday in a speech in Aspen.
Higher taxes and more regulation add an additional $1 billion to building a semiconductor manufacturing plant in the U.S. vs. overseas, the CEO said.
As a result, “the next big thing will not be invented here. Jobs will not be created here,” Otellini said, warning of “an inevitable erosion and shift of wealth, much like we’re seeing today in Europe…this is the bitter truth.”
Loews’ Tisch made similarly themed comments in a Bloomberg interview on Wednesday. “Part of the problem is that business has very little confidence in what’s been going on and very little visibility,” he said.
But is it just CEOs? Is it just big business? Surely Obama’s anti-business policies are making things easier for the little guy, right?
For America’s Middle Class, the Hits Just Keep on Coming
Posted Aug 25, 2010 07:50am EDT by Aaron Task
A lot of ink and pixels have been spilled this week over the ICI’s report that equity mutual funds suffered net withdrawals totaling over $33 billion in the first seven months of 2010. Myriad reasons were cited for the trend, including a mistrust of stocks, the flash crash and an aging population. (See: The Next Bubble? Investors Flee Stocks in Droves In Favor of Bonds.)
Perhaps the biggest reason of all hasn’t gotten enough attention: Americans are making due with less and don’t have the money to put into stock funds, and many are taking money out of their investments to pay for basic necessities like food, clothing and shelter.
With wages stagnant for those who still have a job “a lot of people are having to tap into their nest egg to keep their living standards going,” says Damien Hoffman, co-founder of WallStCheatSheet. “A lot of people are living out of principal. There’s no other way to get around that.”
Fidelity’s recent report of a sharp increase in the number of 401(k) participants seeking loans or hardship withdrawals in the second quarter is further evidence of the disappearing middle class. “These are basically emergency ways to fund yourself. We think it’s a scary statistic,” Hoffman says. “Where is the middle class going to be if they draw down their 401(k)s drastically over course of next few years?”
Obama’s anti-business and profoundly socialist policies seek to punish business in every way he can.
A lot of Americans were probably happy with that in November of ’08.
But that was before they began to realize the truth that either all boats rise, or all boats sink. Nancy Pelosi never drained the political swamp, as she falsely promised, but Barack Obama has certainly drained the ocean of economic opportunity (and very likely poisoned the bluebird of happiness, but that’s a crime for another day). We need the rich, and the big businesses, in order to have jobs. When they profit, the rest of us do. And when they are demonized and attacked and regulated to death, the rest of us suffer, too.
Because name the last time a poor person hired you and gave you a good paying position. If you’re a liberal, let me add, “It was never, wasn’t it, dumbass?”
It’s not really accurate to say that Obama is “anti-business”; he’s the MOST anti-business president ever.
A glance at Obama’s appointments and their actual world business experience should suffice to reveal how important business was to Obama.
Obama filled his administration with radicals out to “fundamentally transform America.” And being the kind of man or woman who was oriented toward meeting payrolls and expanding businesses really didn’t need to apply.
And these eggheaded Marxists are seizing money from the private sector – and even from the future – and making terrible decisions about how to invest it. We get turtle tunnels and monkey cocaine studies rather than infrastructure investment. Had it been up to businesses as to how to invest the trillions of dollars that Obama pissed away, things would have been a lot better now.
I love the title from a US News & World Report article: “Obama’s Anti-Business Policies Are Our Economic Katrina.” It’s written by Mortimer Zuckerman, who used to be a huge supporter of Barry Hussein, until he finally realized that “the One” was nothing more than a great big fart in the wind.
And even Obama’s own Democrat Party is now finally beginning to realize what a great big fart in the wind Obama truly is. They hitched themselves to the Obama bandwagon; and now the wagon is burnt to ashes.
On November 4, 2008, the voters of the United States of America voted for national extinction. And yet many are surprised that we’re now following in the footsteps of the Dodo bird.
Tags:actual business experience, anti-business, approval, bank closures, cabinent, CEOs, consumer confidence, durable goods, higher taxes, Hindenburg Omen, home sales, housing, job market, Obama, polls, regulations, socialism, stimulus, uncertainty, unemployment
Posted in Barack Obama, Conservative Issues, Economy, first Jeremiah Wright term, Politics | Leave a Comment »
I thought this story was a nice indicator as to the tragic results of liberalism and the demise it is creating for America:
Democrats Force Captain America to Flee America
May 25, 2010
-By Warner Todd Huston
California’s Democrats have forced the upcoming Captain America movie to be filmed in England. Why would that be, Buckey? Because it’s just too expensive to film the movie in California because of the Democrat’s punitive taxes.
For Yahoo Movies, Mike Ryan asks a seminal question: Should We Now Call Him ‘Captain England’? In his lament, Ryan worries over the U.S. film industry as movies and TV shows flee America, specifically California, for the cheaper production rates of Canada and England.
And now Democrats are so concerned with propping up union thugs, forcing themselves on the people at every avenue, and stealing as much money from the rest of us that they can that they’ve even chased Captain America away from America!
On one hand you have to cheer the fact that the Democrat’s criminal enterprise, their mob action with a union thug army under thumb, is about to come crashing down around them. Unfortunately, they are bringing the whole country down with them.
If the failure of Obamaism and Democrat socialism doesn’t convince America that smaller government is the way to go, we will never go back to being the United States of America as it should be and will permanently become the Euro States of America.
Not long ago I wrote how liberal comics writers were trying to turn Captain America from a patriotic American into a left-wing, un-American, traitor and now the new movie based on the character isn’t even being filmed in the US. Leftists truly hate good American heroes. But it isn’t just comic books the left is trying to re-write in their Euro-like image. Democrats and their left-wing cohorts are desperately trying to kill the USA itself. Captain America is only their latest victim.
Of course, it’s not just the taxes that the liberals impose; it’s the unions, and the insane union policies, and all the insane benefits that unions hog for themselves.
Liberals are going to kill America, one job at a time.
The funniest thing about this story is that it is Hollywood doing the job outsourcing. You know, Hollywood, home of all the liberals who demonize everybody else’s capitalism while they make millions doing the same thing they demonize everybody else for doing.
Hollywood. Home of the smarmy elitest arrogant hypocrite liberal who endlessly lectures the rest of us to, you know, not do what they’re doing and care about making profits and stuff like that.
They’re only too happy to join with dictator thug Hugo Chavez to champion socialism “in the name of the people,” as long as they can jetset their way home to their posh Malibu mansions afterward.
Bottom line: you make it too expensive for an industry to operate in America – even liberal liberal liberal liberal liberal liberal Hollywood – and lo and behold, they’re going to outsource their jobs.
Not that they’ll quit lecturing us that we should be more socialist while they get filthy rich taking advantage of the capitalism they both hypocritically and idiotically despise so much.
Anyway, that’s what happened to Captain America I mean England.
It’s really not that big of a deal that Captain American would leave our shores, I suppose. According to our current president, American is basically a bad place, anyway.
Tags:anti-business, capitalism, Captain America, cheaper production rates, England, flee America, Hollywood, hypocrites, jobs, liberals, outsourcing, socialism, U.S. film industry
Posted in Conservative Issues, Economy, Politics, socialism, taxes | 2 Comments »
The next time you see a progressive liberal, realize that there is a good chance that they would love to see you in a soup line – helpless, hungry, desperate, and ready for “change.”
Back in August of last year, I wrote an article entitled, “Politico Article Reveals Obama’s Cloward-Piven Strategy Backfiring.” I pointed out quite a few facts of history which I believed were important. For example, I cited an article that defined the radical leftist Cloward-Piven strategy:
In their 1966 article, Cloward and Piven charged that the ruling classes used welfare to weaken the poor; that by providing a social safety net, the rich doused the fires of rebellion. Poor people can advance only when “the rest of society is afraid of them,” Cloward told The New York Times on September 27, 1970. Rather than placating the poor with government hand-outs, wrote Cloward and Piven, activists should work to sabotage and destroy the welfare system; the collapse of the welfare state would ignite a political and financial crisis that would rock the nation; poor people would rise in revolt; only then would “the rest of society” accept their demands.
The key to sparking this rebellion would be to expose the inadequacy of the welfare state. Cloward-Piven’s early promoters cited radical organizer Saul Alinsky as their inspiration. “Make the enemy live up to their (sic) own book of rules,” Alinsky wrote in his 1972 book Rules for Radicals. When pressed to honor every word of every law and statute, every Judaeo-Christian moral tenet, and every implicit promise of the liberal social contract, human agencies inevitably fall short. The system’s failure to “live up” to its rule book can then be used to discredit it altogether, and to replace the capitalist “rule book” with a socialist one.
Does that sound like something you’d like to see happen? I hope not! But you can bet that there are a lot of people on the political left right now who would love nothing more than having a crack at reshaping American society in their own image.
I cited the words of top Democrats like Obama’s chief of staff who said:
EMANUEL: “You never want a serious crisis to go to waste. What I mean by that is it’s an opportunity to do things that you think you could not do before. This is an opportunity…. And this crisis provides the opportunity for us, as I would say, the opportunity to do things that you could not do before.”
And of course, you have Obama saying “We are five days away from fundamentally transforming the United States of America.”
Change it exactly how, Barry Hussein? And what about those of us who liked the United States of America our founding fathers gave us who don’t want it “fundamentally transformed”?
We haven’t known exactly what Obama meant by that. Because Obama turned himself into a “blank screen” while he was running for president:
As I pointed out in a recent article:
A politician who has Obama’s ostensible verbal skills is, quite simply, not a “blank screen” unless he wants to be one.
Obama did not want us to know who he was, because we would have rejected him as our leader if we knew.
The more we finally learn about who Obama really is and what he really wants to do, the less we are going to like it.
We’re seeing more and more now. The man has a record. And sadly, it is a record of filling his administration with far leftist radicals – even with outright self-described communists (e.g., Van Jones, Mark Lloyd, Anita Dunn, Carol Browner, Ron Bloom, Andy Stern) – and of pursuing government takeovers of one sphere of our economy (e.g., auto manufacturing, banking industry, financial sector, health care system) after another.
For the life of me, I can’t understand why a man who professes himself to be a free market president would appoint a man who would say “We know that the free market is nonsense” as his manufacturing czar. Ron Bloom is a man who said:
“We know this is largely about power, that it’s an adults only no limit game. We kind of agree with Mao that political power comes largely from the barrel of a gun. And we get it that if you want a friend you should get a dog.”
You’re a “free market guy” who appoints a man who thinks the free market is “nonsense” and agrees with Mao to restore our incredibly important manufacturing sector?
For the life of me, I can’t understand how a man who says he’s a “free market guy” would appoint Andy Stern to his fiscal commission given statements such as the following:
This same Andy Stern – whom Obama has invited to visit the White House more than ANY other person – described Obama’s “free market” program this way:
We now have a new metric. The president says he wants to judge the new economy whether it increases the number of people in the middle class. Whether we have shared prosperity, not just growth. Which is a fundamental different philosophy then what we’ve seen in this country to date. Now how do we distribute wealth in this country … clearly government has a major opportunity to distribute wealth - from the EITC, from tax policies, from minimum wages, from living wages – the government has a role in distributing wealth and social benefits. We are at historic crossroads … in terms of what our new president is trying to do and a different way we are going to try and evaluate the economy. And so all of sudden we are witnessing the first new American economic plan led by the government, not necessarily by the private sector.
(Video available here).
You’re a “free market guy” and you appoint a massive big government Marxist to figure out how to reduce government spending??? You’re a “free market guy” and you’re pushing a “fundamentally different philosophy” than anything this country has ever seen? You’re a “free market guy” and you want to redistribute the wealth at the expense of growth? You’re a “free market guy” and you have an economic plan led by the government, and not the private sector?
And, of course, for the life of me, I can’t understand how Barack Obama would have installed a man (i.e., Van Jones) who routinely said things like this -
- “I met all these young radical people of color — I mean really radical, communists and anarchists. And it was, like, ‘This is what I need to be a part of.’”
- How’s that capitalism working for ya?
- And the white polluters and the white environmentalists are essentially steering poison into the people-of-color communities.
- “This movement is deeper than a solar panel! Deeper than a solar panel! Don’t stop there! Don’t stop there! We’re gonna change the whole system! We’re gonna change the whole thing!
- to be his Green Jobs Czar!
“Free market guy”? Really? And I’m not supposed to be either rolling on the floor laughing or barfing in a giant bucket WHY?
Obama told us that he chose his friends carefully, and “carefully” chose to be friends with “Marxist professors” and Marxist terrorist-bombers. The problem is that he’s STILL choosing to surround himself with Marxists.
Obama says his administration has a “fundamentally business- friendly” agenda and are “fierce advocates” for the free market.
Jan. 22 (Bloomberg) — U.S. investors overwhelmingly see President Barack Obama as anti-business and question his ability to manage a financial crisis, according to a Bloomberg survey.
The global quarterly poll of investors and analysts who are Bloomberg subscribers finds that 77 percent of U.S. respondents believe Obama is too anti-business and four-out-of-five are only somewhat confident or not confident of his ability to handle a financial emergency.
To summarize to this point, “Mr. Blank Screen,” who wants to “fundamentally transform the United States of America” by “never letting a serious crisis go to waste,” calls himself a “free market guy” while repeatedly appointing communists to important “free-market”-positions. But more than 3/4ths of American investors who earn their bread and butter from the aforementioned free market think he’s full of crap.
With that foundation, let us get back to the strategy of Cloward and Piven.
The following comes from a member of the leftwing in very good standing. He’s written and worked for LeftTurn, Political Affairs, and Monthly Review according to his Wikipedia entry. He lives in Chicago (Barry Hussein’s hometown), where he founded Youth Against Apathy.
I instantly hearken to Michelle Obama’s saying of her husband: “He is going to demand that you shed your cynicism.”
At a recent Brecht Forum, event, Jed Brandt said the following:
JED BRANDT, COMMUNIST: “We have to help bring this government down, we have to help destroy this system and that requires increasing the alienation that working class and oppressed people feel. The way change is going to happen in this country is through the destruction of what we call the United States of America.
I’m opposed to white supremacy not because it’s white people involved. I am opposed to the system we traditionally call imperialism and the idea that some people have rights and privileges that are not granted to all human beings. And the solution to that problem is called communism and socialism and we should put it in our mouths. We should say it when we say what is your politics? I am a socialist. I demand that we have health care for people and it’s not a demand that’s negotiable with health insurance companies.
We will take your insurance companies; we will take the farms in this country; we will shut down the military apparatus in this country and I am tired of being told to stuff my anger back in my pants.
Compare that to what Cloward and Piven were saying needed to happen way back in the 1960s:
Rather than placating the poor with government hand-outs, wrote Cloward and Piven, activists should work to sabotage and destroy the welfare system; the collapse of the welfare state would ignite a political and financial crisis that would rock the nation; poor people would rise in revolt; only then would “the rest of society” accept their demands
Am I the only one who finds it interesting that the man who says “The way change is going to happen in this country is through the destruction of what we call the United States of America” is demanding that ObamaCare be passed in his very next breath?
I mean, if the Democrat talking points had any validity, wouldn’t this guy be who wants to see America destroyed be saying, “I want health care that features tort reform, competition across state lines, and all the other elements of the Republican plan???
This is where articles such as Cloward-Piven Crisis Care should start making sense. I myself offered my own article, “ObamaCare Is Cloward-Piven Strategy In Microcosm” to establish this connection well before hearing Jed Brandt make the connection. I cited the world famous Mayo Clinic as pointing out that ObamaCare represents the idea of:
I cited the Wall Street Journal which pointed out that:
I pointed out that the Dean of the Harvard Medical School said that:
while the legislation would enhance access to insurance, the trade-off would be an accelerated crisis of health-care costs and perpetuation of the current dysfunctional system—now with many more participants.
I pointed out the fears of the California Medical Association that ObamaCare:
As we speak, we are talking about the destruction of America by means of a political technique that the Democrats themselves called “the arrogance of power,” “majoritarian absolute power,” “the precipice of a constitutional crisis,” “the abandonment of the concept of check on power,” and “a naked power grab.”
My favorite description and prediction comes from Max Baucus, who is now pushing for the very thing that he said would be “the way Democracy ends. Not with a bomb but with a gavel.”
I think that last is correct. ObamaCare, forced down the throats of Americans by the unAmerican nuclear option, will indeed be the way Democracy ends.
ObamaCare – by whatever name it is called – will be the ultimate actualization of the Cloward-Piven strategy. It will in short order overwhelm and collapse our social support network just as leftists have been dreaming about for decades.
As one Democrat said, “Never mind the camel’s nose; we’ve got his head and his neck in the tent.”
There’s your REAL “hope” and “change.” Too bad it doesn’t represent your hope, and too bad it is change that you most certainly don’t want.
Tags:77%, Andy Stern, anti-business, blank screen, bring this government down, Cloward, Cloward-Piven, collapse, Communist, demand we have health care, destroy, destroy this system, destruction, failure, fierce advocates, financial crisis, free market guy, free market is nonsense, fundamentally business-friendly, fundamentally transforming, government takeover, gren jobs czar, increasing the alienation, investors, Jed Brandt, liberal, manufacturing czar, Mark Lloyd, Marxist professors, never want a crisis to go to waste, nuclear option, Obamacare, Piven, progressive, reconciliation, Ron Bloom, system, the persuasion of power, Van Jones, we will take your insurance companies, workers of the world unite
Posted in Barack Obama, Conservative Issues, health care, Politics, socialism | Leave a Comment »
The lamestream dinosaur media is constantly out there telling us that only whackjobs ever even consider that Barack Obama might be a socialist. They put up a straw man: “He’s not trying to take your house from you,” as though there is no such thing as even a single degree between hard-core Marxism and free market capitalism.
For the record, there is. And Obama is waaaaaaayyyyy toward the side of that political spectrum that is taking this country toward socialism.
Obama has taken over banks and car companies, and wants to take over our health care system. He keeps propping things up when free market capitalism wants to let the system bottom out so it can rebound and reach equilibrium again. He believes in the redistribution of wealth so he can “spread the wealth around.” He believes in class warfare. He believes that private businesses are greedy and evil.
Dr. John C. Drew has his own website, and has posted numerous articles and Youtubed interviews which further describe his recollections of a very Marxist Barack Obama.
The article that follows should add some meat to the Obama statement that:
“To avoid being mistaken for a sellout, I chose my friends carefully. The more politically active black students. The foreign students. The Chicanos. The Marxist professors and structural feminists and punk-rock performance poets.”
I didn’t carefully choose those radical leftists and communists as my friends. Did YOU?
Obama, a College Marxist?
Deborah Lambert, February 22, 2010
Until now, precious little information has come to light about President Obama’s youthful political views. That may change as disclosures by former political science professor Dr. John C. Drew eventually surface in the mainstream press.
During an evening he spent with Obama in late 1980, Drew, a former Marxist-turned-conservative-Republican, recalled during an interview on Breitbart TV’s “The B-cast” that the young Obama was not only a passionate Marxist, but a Marxist-Leninist, devoted to the revolutionary overthrow of the capitalist system in America.
The meeting occurred in late December, 1980 when Drew, a 1979 Occidental College graduate in his second year of Cornell University grad school, visited his girlfriend, still an Occidental student, who shared a political theory class with Obama.
Drew recalled that Obama, then a college sophomore, showed up in a BMW with his closest friend Mohammed Hasan Chandoo, and “we all went out to dinner, partied and drank, smoked cigarettes—and we did what young Marxists do—we basically argued politics.”
Before the get-together, his then-girlfriend described Obama as “one of us.” What she meant by that was that “he was on our team . . . a blood brother . . .a fellow revolutionary,” said Drew.
As a serious Marxist revolutionary himself in those days, Drew said that as soon as he met young Barack, he realized that this radical college sophomore wasn’t just “dabbling in Marxism . . . he was a Marxist-Leninist dedicated to the overthrow of the capitalist system.”
Drew says on his website (www.anonymouspoliticalscientist.blogspot.com) that his “most vivid memory of Obama was the way he strongly argued a rather simple-minded version of Marxist theory,” while he (Drew) had moved on to a more pessimistic graduate school view that true revolution would never happen in this country.
Drew’s meeting with the young Obama occurred shortly after he experienced his first taste of campus notoriety when publicly speaking out on the anti-apartheid issue and co-founding the anti-apartheid group that is mentioned in Dreams of My Father.
During their meeting, Drew recalls that Obama believed that “America was definitely the enemy, and American elites were the enemy, and whatever America was doing was definitely wrong and bad. He thought that perhaps the Soviet Union was misunderstood, and it was doing a better job for its people than most people realized,” Drew noted in a Newsmax interview.
Although Drew did his senior honors thesis at Occidental on Marxist Economics, his doctoral research at Cornell in 1984 triggered a move to the political right when he realized the fallacy of the Marxist class struggle argument.
However, when Drew crossed the ideological divide from Marxist to conservative Republican, it may have made his academic career a bit more challenging.
As an assistant political science professor at Williams College from 1986 – 1989, Drew was one of three registered Republicans on the faculty. Armed with his newly adopted belief system, Drew says he complained to the powers-that-be about the school’s affirmative action policies that favored less qualified African-American faculty candidates over white candidates, saying that these policies “took away the honor of being a Williams College professor.”
Now a grant-writing consultant in Laguna Niguel, California, Drew says that his meeting with Obama some 30 years ago provided useful evidence of why he was able to win the trust and support of people like Bill Ayers, Bernardine Dohrn, and Alice Palmer. He believes that Obama “never surrendered that tough, Marxist socialist ideology I saw in him as a sophomore at Occidental College.”
When Drew is asked why he took so long to go public with this story, he is quick to explain that although he tried to get the story out during the presidential campaign in 2008, no one in the media would touch it.
In fact, Drew says he was frustrated when he couldn’t get this information out during campaign season, since candidate Obama “was making it sound like people thought he was a socialist because he didn’t share his toys in kindergarten, but I thought he was a socialist because I’d seen him argue from a hard Marxist point of view.”
Obama’s career path was entirely predictable, according to Drew, who says the first logical career move for a revolutionary right out of college is to become a labor organizer or a community organizer. The second step is to become a college professor.
During his stint as a University of Chicago adjunct professor, Obama “was basically promoting the socialist revolution, saying that our Constitution promotes negative liberties but not the positive liberties of a society that advocates wealth distribution.”
Drew’s encounter with the future president nearly 30 years ago sheds some light on the young Obama’s political ideology, one of the many aspects of his life that has not undergone any serious scrutiny by the mainstream press. Drew regards his “15 minutes of fame” that began with a Newsmax interview in February, 2010 as an “opportunity to share what I know about the ‘red diaper’ ideology of the young Barack Obama.”
Saying that he would still be teaching in Massachusetts were it not for the liberal Democrats that control Williams College, Drew says he was pleased that Scott Brown was recently elected as the state’s newest senator, adding that his election “marks the end of the Obama revolution.”
Dr. Drew’s experience of Obama 30 years ago accurately reflects the course of Barack Obama’s life, both before and after that encounter.
My worldview was already fairly well established by the time I graduated from college. Which is why the notion that Obama was a radical Marxist-Leninist in college, but he’s perfectly mainstream American in his values now just seems like a total load of crap to me. And then you pair common-sense reality up with the fact that Obama was continuing to advocate Marxist notions even after he stopped being a student and started being a professor.
The same mainstream media that flew cross-country so they could dig through Sarah Palin’s garbage refused to look into Barack Obama’s record.
The media allowed Obama to be “a blank screen on which people of vastly different political stripes project their own views.” But you can bet your bottom dollar (and like it or not you DID bet your bottom dollar when you voted for this guy) that he had his own views all along.
Tags:30 years ago, America was definitely the enemy, anti-business, business, capitalist system, community organizer, Cornell University, Dr. John C. Drew, Dreams of My Father, Drew, John Drew, Marxist, Marxist class struggle, Marxist-Leninist, Media, Obama, promoting the socialist revolution, redistribution of wealth, socialist, spread the wealth around, University of Chicago, wealth distribution
Posted in Barack Obama, Conservative Issues, Media, Politics, socialism | Leave a Comment »
Have you ever been on the receiving end of an “I-told-you-so” moment? You know, where you’re about to do something, and somebody warns you, “If you do that, X will happen” where “X” is a bad thing. And then sure enough, X happens?
The Democrats live in that world.
They get through it by constantly lacking the wisdom to admit they screwed up. That way they can keep making the same mistakes over and over again, and never have to admit their mistakes.
Well, let’s take another ride on the “I-told-you-so” train:
Credit Card Issuers Raising Rates Ahead of New Law
By Nancy Trejos
Washington Post Staff Writer
Thursday, July 2, 2009
Credit card companies are raising interest rates and fees seven months before new rules go into effect that will limit their ability to do so, much to the irritation of Congress and consumer advocates.
Chase, for instance, will raise the minimum payment required of some of its customers from 2 percent to 5 percent of the statement balance starting in August. Chase and Discover have increased the maximum fee charged for transferring a balance to the card to 5 percent of the amount, up from 3 and 4 percent, respectively. Bank of America last month raised the transaction fee for balance transfers and cash advances from 3 to 4 percent. Card issuers including Bank of America and Citi also continue to cut limits and hike up rates, which they have been doing with more frequency since January.
“This is a common practice and will continue to be common, because issuers can do these things for really no reason until February,” said John Ulzheimer, president of consumer education for Credit.com, which tracks the industry. “It’s what I call the Credit Card Trifecta — lower limits, higher rates, higher minimum payments.”
It’s not just the top card issuers making changes. Atlanta-based InfiBank, for example, will raise the minimum annual percentage rate it charges nearly all of its customers in September “in order to more effectively manage the profitability of our credit card account portfolio in a very challenging economic environment,” said spokesman Kevin C. Langin.
The flurry of activity, which the banks say is necessary to shore up their revenue losses, has irked members of Congress, who passed a new credit card law, which was signed by President Obama in May. The law, among other things, would prevent card companies from raising rates on existing balances unless the borrower was at least 60 days late and would require the original rate to be restored if payments are received on time for six months. The law would also require banks to get customers’ permission before allowing them to go over their limits, for which they would have to pay a fee.
Yesterday, Sen. Charles E. Schumer (D-N.Y.) once again requested that the Federal Reserve invoke its emergency powers to place a limit on interest rate hikes.
“This is what many of us feared about a law that didn’t take effect right away,” Schumer said. “It was never going to take this long for the credit card companies to get ready for the new reforms. Instead, issuers are using the delay in the effective date to wring more dollars out of their customers. It is against the spirit of the law, and it is just plain wrong.”
Rep. Carolyn B. Maloney (D-N.Y.) said the recent rate and fee hikes were “unfair and deceptive and must be stopped.”
“Capricious actions like these are why Congress overwhelmingly passed, and President Obama signed, my credit card reform bill: to level the playing field on behalf of consumers,” she said.
Bank executives had warned that the new law would force them to increase rates and fees because it would keep them from properly managing borrowers’ risk. The argument is that if banks can’t raise rates on riskier customers, they will have to raise rates on all.
Scott Talbott, senior vice president of government affairs for the Financial Services Roundtable, an industry group, said there are two reasons for the rate increases. First, he said, consumer credit scores, which banks use to determine if they should lend and at what price, have decreased. Second, the cost of providing credit has increased. “Once the new law is in effect, we anticipate a further reduction in the availability of credit and additional increases in the cost of credit,” he said.
Banks have been hit with a record number of charge-offs, or debts they give up on because the borrowers have no way of paying them back. In June, credit card losses hit a record 10.44 percent, according to Fitch Ratings.
Increasing rates and fees is one way they can make up for lost revenue. Since January, of the six major card issuers, Citi has had the largest increase in rates for purchases, according to a report by Credit Suisse.
The boldfaced paragraph in red font says it all. And the paragraph directly beneath the red-font paragraph explains why the Democrats’ interference in the free market and in private businesses’ business won’t do anything but hurt the overall system. Because they didn’t do anything to fix the actual problems.
Democrats are so shocked and outraged about something that they were repeatedly TOLD would happen.
Which makes it absurd, asinine, demagogic outrage, at best.
In tough times, credit card companies are likely to raise rates to squeeze more revenue out of a hurting market, yes. But many of those companies would have reduced rates and fees as the market improved in order to compete with other companies and attract more customers.
But those credit card companies won’t be doing that now. Why? Because Democrats have essentially locked those shockingly high- rate and fee-hikes in. They went up, and up, and up. But they will never go back down until those stupid Democrat laws are rescinded.
This is precisely what happened during the Great Depression, and why it dragged on and on and on in America when virtually every other nation had long since bounced back [see the World Economic Survey: Eighth Year, 1938/39 (Geneva: League of Nations, 1939), p. 128]. American liberals just kept passing one market-killing measure after another that prevented businesses, the markets, or the economy in general from reaching equilibrium and bouncing back.
In the situation above, credit card companies are being forced to jack up their rates, jack up their fees, cut credit lines, and adjust their cardholder policies to preclude riskier applicants from being able to borrow in the first place, because the rules Democrats forced on them won’t allow them to manage or balance their own risks in the future.
In other words, the credit card companies have joined the 77% of investors in this country who view Obama and his market-killing policies as “anti-business.”
So if you find that your rates have skyrocketed, if you find that your minimum payment has tripled, if you find that you’re suddenly paying a $500 annual fee, if you find that your credit line has been chopped in half, don’t blame the credit card companies. Blame Obama. He’s the one who screwed you. Because he wouldn’t allow credit card companies to raise rates on the risky customers, and insisted that instead they raise rates on everybody.
These drastic changes from your credit card lender is a direct result of Obama’s policies.
It is often said that “the road to hell is paved with good intentions.” I can only imagine that whoever coined this phrase to begin with had the Democrat Party in mind.
Tags:anti-business, Bank of America, Chase, Citi, credit card companies, credit card reform, credit card trifecta, Discover, fees, higher rates, hihger minimum payments, I told you so, lower limits, minimum payment, new law, raise rates, rates, revenue losses, riskier customers
Posted in Barack Obama, Congress, Democrats, Economy, Politics, taxes | 2 Comments »
This is worth a read:
The 2008 election was aimed, as Barack Obama said, “to fundamentally change America.” The American people did not do their homework. They thought he believed in the original paradigm. They were intentionally misled, but this could have been prevented.
Ask the leaders of the Democratic party who Saul Alinsky is and you will likely get obfuscation. They will tell you Barack Obama spent three years teaching Alinsky’s philosophy and methods but he likely will not answer questions about Alinsky. Hillary Clinton wrote her college dissertation on Alinsky but you won’t likely get a peep out of her.
Bluntly put, Alinsky is opposed to freedom. He is an elitist. He believed in communism and atheism. The fundamental values, as stated at the beginning of this column, are seen by Alinsky as horrors that have created mass inequities and careless behavior. What makes Alinsky dangerous is that he is insidious.
Alinsky’s primary approach to politics is deceit. The ends justify the means. He would create a communist Utopia dominated by his friends but not through open and honest debate. Therefore, they disguise themselves as believers in the republic and democracy. Gaining control is objective No. 1. This was the beginning of their revolution. The goal, then, for Alinsky was “to take from the haves and give to the have-nots.”
Obama taught this. He “community organized” under this philosophy. He has surrounded himself with people of like mind. John Holdren, Cass Sunstein, Anita Dunn, Valerie Jarrett, and Van Jones are just a few of the core conspirators.
Alinsky knew the core beliefs of the American people. He knew they had to be deceived and manipulated. His opinion was they were too selfish to give up the America that was constructed by the founding fathers. His followers have taken over the Democratic Party although many Republicans also are participating in the movement under the guise of progressivism.
The change they want will fundamentally eliminate freedom, representative government, democracy, free enterprise, private ownership, individual responsibility and religious faith. I have no problem with them telling you that and putting it up for debate but they will not because they would be thrown out of office.
This strategy has been known since the late 1960s. Since they cannot challenge those positions successfully, the next best thing is to get into the current system through deceit. Tell people you are something you are not. Then destroy people’s belief in the system by destroying it from within. This is the strategy employed by the disciples of Alinsky.
Alinsky said, “Any revolutionary change must be preceded by a passive, affirmative, nonchallenging attitude toward change among the mass of our people. They must feel so frustrated, so defeated, so lost, so futureless in the prevailing system that they are willing to let go of the past and change the future. This acceptance is the reformation essential to any revolution.”
Related video: Saul Alinsky takes the White House
One of the fundamental “disappointments” that independents – who have massively abandoned Obama and his agenda – have is that Obama misrepresented himself (i.e., he lied) about who he was and what he would be about if he were elected president.
Too many people did not see Obama’s anti-free market agenda (Obama’s demagoguery of banks, of car companies, of insurance companies, of the Chamber of Commerce, of Fox News, etc.) coming. They should have seen it, and they would have had they paid better attention, or had the mainstream media attempted to do its constitutionally-appointed duty. But now they are left fearful. Now they and the businesses they work for are being inundated with fundamentally hostile attacks against business. And as a result we are forced to live through a period in which fully 77% of investors view their president as “anti-business.”
People didn’t vote for that. They were lied to.
At the same time, Obama has surrounded himself with openly Marxist advisers (see also here), which brings out the crystal-clear-in-hindsight fact that Obama’s long association with Marxist radicals such as Frank Marshall Davis, Jeremiah Wright, and Bill Ayers.
An American Thinker piece ties Obama’s relationship with the pedophile communist Frank Marshall Davis to an early indoctrination in the philosophy of Saul Alinsky.
You reveal yourself in whom you choose as friends. And Obama revealed himself:
“To avoid being mistaken for a sellout, I chose my friends carefully. The more politically active black students. The foreign students. The Chicanos. The Marxist professors and structural feminists and punk-rock performance poets.”
To cite Dr. Raymond Stantz from Ghostbusters, I wouldn’t have touched these people with a ten meter cattle prod. And few Americans would have.
SEIU union president Andy Stern, who has visited the White House more than anyone else since Obama was elected, offers this view of the world:
That is a radical agenda from a clearly Marxist worldview. And how does Obama respond to this vision?
“Your agenda has been my agenda in the United States Senate. Before debating health care, I talked to Andy Stern and SEIU members.”
“We are going to paint the nation purple with SEIU.”
In a frightening way.
And so people who understood Obama weren’t at all surprised that he would pick a manufacturing czar such as Ron Bloom who said:
Generally speaking, we get the joke. We know that the free market is nonsense. We know that the whole point is to game the system, to beat the market or at least find someone who will pay you a lot of money, ’cause they’re convinced that there is a free lunch.
We know this is largely about power, that it’s an adults only no limit game. We kind of agree with Mao that political power comes largely from the barrel of a gun. And we get it that if you want a friend you should get a dog.”
If this agenda doesn’t terrify you, it is because you are ignorant. Just take a look at the giant black hole that Illinois state union employees and their unsustainable benefit schemes have put the taxpayers in. And that same black hole is probably in your state, too.
Unions – whether public or private sector – are breaking the back of this country. They are breaking down our society. They are fundamentally destroying our American way of life.
And they now have someone who is helping them do it in the White House.
You start throwing out radical names of dangerous people that Obama has been associated with and a pattern emerges: the aforementioned Davis, Jeremiah Wright (see also here and here and here), Khalid al-Mansour (more here), Rashid Khalidi, Tony Rezko, Bill Ayers. And you realize that Obama has been steeped in a profoundly Marxist worldview. Obama isn’t stupid; he knows that the American people don’t want that ideology. But no one can conceal his worldview completely. Critical observers saw it clearly.
And they accurately understood what it would portend if he was elected president.
Obama underscores the self-concealment of his worldview in his book which bears its title in inspiration of a Jeremiah Wright sermon that described his view that “white folks’ greed runs a world in need” (The Audacity of Hope):
A politician who has Obama’s ostensible verbal skills is, quite simply, not a “blank screen” unless he wants to be.
Obama did not want us to know who he was, because we would have rejected him as our leader if we knew.
The more we finally learn about who Obama really is and what he really wants to do, the less we are going to like it.
Tags:agenda, agree with Mao that political power comes largely from the barrel of a gun, Andy Stern, Anita Dunn, anti-business, anti-free market, Bill Ayers, Cass Sunstein, demagoguery, Frank Marshall Davis, I chose my friends carefully, I serve as a blank screen, it's not just a slogan anymore, Jeremiah Wright, John Holdren, Khalid al-Mansour, Marxist, Marxist professors, Obama, paint the nation purple with SEIU, persuasion of power, power of persuasion, Rashid Khalidi, Ron Bloom, saul alinsky, SEIU, Tony Rezko, Valerie Jarrett, Van Jones, We know that the free market is nonsense, white folks' greed runs a world in need, workers of the world unite, worldview, Your agenda has been my agenda
Posted in Barack Obama, Conservative Issues, Economy, philosophy, Politics, socialism | 13 Comments »