Showing posts with label obama. Show all posts
Showing posts with label obama. Show all posts

Thursday, August 27, 2009

Never in a America!?!?!?! Only at Barack-N-Large!

We say this all the time. This or that would never happen in America...not in THE United States of America!

So what are some things that we say would never happen in America? How about government take over certain industries? How about the government asking citizens to snitch on fellow citizens? All these "Czars" who answer to only the President? Or...government run health care?

These are things that we thought would never happen in America. But, they are!

Since, January 20th, 2009, these things have become a reality. The government take over of GM and Chrysler. The President FIRING the chairman of GM...a private company! The government tried this during WWII, but the Supreme Court said that it was unconstitutional in the steel mill cases. How is it constitutional now??????????? Why isn't anyone with standing (i.e. a GM stockholder) file suit to stop them?????

The summer, the White House ask citizens to snitch on their neighbors if they heard "fishy" comments about the health care "reform". How old school Soviet is that!!!
And now, the administration wants to take over the health care and "reform" it. Which really means a giant leap towards a government run health care. So much for incrementalism. Of course, if you disagree with them or question the over 1000 pages of HR3200, you are a racist or right-wing terrorist.

What is really disturbing is that I feel that the real America is slipping away; and, it has been for the last 40 years. But, instead of a gradual decline, I think that we have gone over the cliff!

I am going to take the President Obama at his word. He stated in the debates that you should judge him by who he surrounds himself.

I have looked at who is surrounding himself with and it scares the hells out of me! I have order Saul Alinsky's book Rules for Radicals. This is one of Barack Obama's heroes.

I am going to read it and report on it on this blog and compare it to how the Obama Administration is running their presidency. Something tells me that it will be like reading Adolf Hitler's Mein Kompf and comparing how the Third Reich operated.
In the movie WALL-E, the controlling entity was a company called Buy-N-Large. My wife came up with another controlling entity...Obama administration called Barack-N-Large. They are trying to control everything and everyone. Then, I took it one step further. The main character is called WALL-E which stands for "Waste Allocation Load Lifter-Earth class".
Now, I came up with a new name for WALL-E for the Barack-N-Large era.
WALL-E stands for WE ARE LOSING LIBERTY - EVERYONE!!!!!!!

Tuesday, March 17, 2009

What is everybody's problem with AIG?

I am so tired of these "holier than thou" politicians. From the president and "don't blame me" congressional leaders (Frank, Dodd, and et al) saying that they are appalled by the bonus that AIG has given to its' employees.

First off, these employees had contracts dictating that they were due these bonuses. What is the president and congress want to do? Re-write and/or ignore legally binding contracts?

Well, in short, YES! They want to do this with AIG and in bankruptcy court (The Cramdown Bill) with allowing BK Trustees and judges to arbitrarily change people's mortgages (i.e. contract) between the lender and the borrowers. So, this is no big surprise.

But, the surprise is that Obama and Geithner KNEW about them BEFORE the bailout in September!!!! These bonuses were from contracts in April of 2008; and, Geithner was the architect of THE BAILOUT!!!

Second, Schumer, et al, want to take ALL of this money back. They want to confiscate this money, which was legally earned, from the recipients. Now, you can say that AIG received money from the feds.

But, in the rush to pass the TARP bill in September, the feds did not put ANY restrictions on it!!! Well, when you do not put any restrictions on the money, AIG could do anything that they wanted, including paying bonuses and making payments to foreign banks.

Obama, Geithner, Barney Frank, Chuck Schumer, et al, only have themselves to blame! This is what happens when you rush to over correct the market and throw bad money after bad decisions.

As the old saying goes, "garbage in....garbage out".

Saturday, January 24, 2009

I do not want President Obama to succeed.......

Now that Obama administration has begun and Congress is in session, I am worried by what I have heard from these two branches of government. The 1 TRILLION dollar "stimulus" package will not stimulate anything. It is another big government spending spree and pork barrel projects.

THE GOVERNMENT CANNOT SPEND US OUT OF A RECESSION!!!

Despite what history teachers or what you may have learn in school, the FDR's New Deal did not get us out of the Great Depression. The US did not get out of the Depression until World War II had started, as you can see by these graphs.

As you see, the unemployment rate under FDR did not get below 20% until 1941 after we had began to shift to a war economy.



















All the propaganda that we have heard our entire lives about how great the New Deal was is totally false.


That may be a surprise to most of you.

Now, let us look at what happens when you CUT TAXES and CUT SPENDING! Look what happens after the evil Bush tax cuts.


Every important economic indicator went up! GDP, Investment, S&P 500, JOB CREATION! I was part of that. I started my company in 2002 and added 5 jobs to the economy. Since the election, I have had to cut my staff by 40%!!!


Government spending is not the answer. We need to cut taxes AGAIN! Every time that Congress does it. The economy gets better! Income rises! Receipts to the government increase! Government is not the solution. It is the problem. Remember, the reason that we are in this recession is because Congress did not do their job in properly overseeing the Fannie and Freddie. They pushed risky loans on lenders. And, when the Congressional Republicans tried to fix it, the Democrats (Barney Frank and Chris Dodd) shot every reform down.

Now, WE, the taxpayers, are stock holders in Bank of America and other financial institutions.


No where in the world has socialism (and that is what this "stimulus" is) has ever worked.


Name me one country.......................................................................................................................


I am waiting........................................................................................................................................


Good thing I did not hold my breath!

I do not want President Obama to succeed if he implements the policies that he espoused in his campaign. There are over 53 MILLION people that did not vote for him and his policies. I will support President Obama if he cuts taxes and reduces government spending.

But, I better not hold my breath.