Thanks (for nothing) Obama!

I just read an interesting article from the web site infowars.com: Barack Obama conclusively outed as CIA creation.  I am not a ‘birther’, but as a person with a free mind I have questions that seem pretty natural– such as ‘why does obama refuse to release the documents typically accumulated by any US citizen’ and ‘why is it so difficult to produce a birth certificate?’   I also find it bizarre for a country to elect someone President while knowing nothing about where he comes from– and THEN start asking the important questions, after the election. 

But I don’t need any of this CIA stuff, or even the birth/citizenship stuff , to conclude that obama should never have been elected.  I mean REALLY– just take a look around!    For the libs who say he ‘inherited the economy’, I don’t know why more people don’t simply point out that Bush 2 also ‘inherited’ a recession.  I’ve come across people who don’t even know that fact;  I’ve been told by libs that ‘everything was great for the Clinton years and then Bush came and destroyed the economy.’  They even will claim that stating otherwise is ‘revisionist history.’  I don’t get them;  is it that they are too young to remember?  Does their ideology destroy their memory?  For those who don’t remember, Clinton’s first two years consisted of the usual Dem spending spree, which ushered in the ‘Contract with America’, Newt Gingrich, and attempts to limit spending.  Clinton adapted– one of his greatest skills was to adapt to Republican ideas and then claim to have invented them– and proclaimed ‘the era of big government is over.’  Remember?  That was the start of some good years… until the Republicans in Congress became addicted to the spending that ousted the dems.  The difference, of course, is that Republicans’ spending addiction consists of a joint per day, where the democrats’ spending addiction is like the scene from Scarface where the mobster buries his face into a pile of cocaine! 

The dot-com bubble, though, bailed out the economy;  as spending went up, tax collections went up even more as stocks skyrocketed.  Eventually the bubble burst, as they all do.  All of the ‘surplus’ attributed to Clinton was based on the dotcom tax receipts;  when the bubble burst, the surplus went away.  The nasdaq lost over 80% of its value, and the other indexes fell over 50%– a loss of value that typically destroys economies.  This is when Bush 2 took office.  The economy was in a recession by the time he entered office.  Later in the year the 9/11 attacks came.  Economists from both parties said that the attacks in NYC at the heart of the financial sector of our economy, on top of the recession, would cripple growth and throw the US into a depression.

This was Bush 2′s ‘inheritance,’ for those who like to speak of inheritances.  Of course, the Presidency is not ‘inherited;’ the country is designed, with staggered elections, so that those elected to major offices can come and go without great disruption of the country’s business.  Every President ‘inherits’ problems.  Obama’s ‘inheritance’ is no worse than any other President.  What IS unique about obama is his tendency to whine about every problem he comes across… and then commit a series of gaffes and mistakes that make the problem much worse.  The current economic situation is a classic example.  How did Bush avoid a deeper recession, despite the 911 attacks and the recession when he entered office?  He boldly cut taxes, following the mold of Reagan– and of JFK.  The response was 7 years of broad economic growth– despite two wars.  In fact, while critics whined about the deficit under Bush, even with the wars in two countries his largest annual deficit never exceeded half a trillion dollars.  Obama’s current deficit is three times that level– and will likely be higher going forward.

Obama likes to whine about his ‘inheritance.’  What he SHOULD be considering is what is replacement will inherit from HIM.  After all, 2012 is coming– not quite fast enough, but it is coming.

A couple years ago we knew nothing about obama, and unfortunately our newsmedia abdicated their traditional role of shining a light on stinky politicians– allowing perhaps one of histories ‘stinkiest’ to get elected.  Liberals will view my ‘stinky’ comments as racist of course, and that’s fine– I can’t change their world-view, and don’t really want to.  In fact, I think it best if we let their ‘world views’ shine forth for all to see;  let them take responsibility for the mess that they have created.  If you go back in this blog about 14 months or so, you will see that I have been consistent;  my fear then was that obama would be allowed to pass his ridiculous ‘stimulus plan’, which any non-partisan, educated reader knew was more anti-stimulus than pro-stimulus.  Why?  because businesses want to see an environment that allows growth, before they will commit to hiring. Wouldn’t you?  And businesses saw a trillion dollars of spending, the vast majority on social welfare programs that extended decades into the future, guaranteeing the eventuality of higher taxes.  None of this is rocket science– would YOU risk everything that you owned, to take a shot a growing a business that allowed you to take home a third of what you earned?

The trillion dollars offered nothing for businesses;  it may be a good thing to give money to teachers and unions (if you are a teacher, anyway)– but the money goes to buy them better pensions– not toward creating a job for anyone!  I have always suspected that Dems hated Bush so much that they actually believed the garbage they spewed, about him being ‘stupid.’  Never mind that he graduated from the best business school in the world (and do you REALLY think that being the son of the head of the CIA, a Republican appointee, won classroom favors for W at Harvard?!  If anything he probably had to work twice as hard).  Sure, he couldn’t give speeches as polished as the annointed one– but we all can see just how far THAT talent can carry a country!  The Dems figured that being president must be easy… and figured that the economy would just fix itself.  Don’t waste a crisis– use it to pass an agenda of wasteful social programs…. and the economy will be fine.  Heck, the recession that W inherited got better, right?!

Of course we know the truth;  Bush inherited the 2000-2001 recession, then the 9/11 attacks–  all in the shadow of Clinton’s stock market bubble and burst.  But Bush averted a deeper recession by doing what Reagan did– cutting taxes across the board, for everyone.  In return we had 8 years of economic prosperity, until the housing bubble (pushed in part by Dems who believe that everyone needs a home,  job or not) brought the good times to an end.

Obama did not reduce taxes like Bush did– he instead guaranteed they will rise.  That shuts off any interest in business investment.  But even worse, obama threw away a TRILLION DOLLARS– and added layers of government to the auto industry, the banks, and now healthcare.  So now we are too broke to actually HAVE a stimulus.  Yes, ‘shovel ready projects’ would be nice– if only obama had added them to the trillion dollar scheme that he pushed through in a few days, early last year.  Now we really need that money– today jobless claims rose ‘unexpectedly’ again– but it is too late.  Obama wasted that money, so we have no powder left in our kegs.

Thanks (for nothing) obama!

I check in at Rasmussen Reports now and then, as doing so gives me some measure of faith that you can’t fool all of the people all of the time.  Today obama comes in at minus 14– not sure if that is a new record low on that poll, but if it isn’t it is close.  He has hovered around the negative 10 region for the past couple months, and I figured it was just a matter of time until some of the people in the ‘approve’ column pick up a paper or better yet, decide to do some critical thinking.  Obama just returned from another ‘blame America first’ tour, this time across Asia;  you can find pictures of him bowing so low to the Japanese President that it looks like Asian porn from the right angle.  Obama continued to apologize for that meanie, Bush– who instead of defending himself or his policies was visiting Fort Hood, trying to restore the morale that visits by obama typically deplete.

Obama polls show that Americans are learning the truth about a weak President

I find myself wondering how things will end with obama. He has already done enough damage to our economy that he is assured a legacy, as his deficit spending makes any of Reagan’s deficits puny in comparison–  and while Reagan’s deficits were the result of Congressional spending during Reagan’s tax cuts, the obama deficits will all be the result of obama’s spending and obama’s tax INCREASES– which have maintained, and will maintain, our slow economic growth–  perhaps for decades.  It is amazing how much damage one president can do!  Like is often said, you cannot give a president credit for a good economy (althouthegh the press sure has tried to credit Clinton!!), but you can sometimes blame a president for a bad one!  And every person with a college degree– and many without one– realize that the current problems started out as a global recession because of mortgage derivatives– not because of anything Bush did or didn’t do.  Simpletons will say ‘inherited from Bush’, but doing so is a purely reactive, non-thinking statement;  just ask such a person ‘how did Bush do this to the entire world?’ and wait for the answer that does not exist.  On the other hand, obama DID make things much worse– and you will be able to see that quite clearly going forward, as every other country recovers save the United States.

As for the ending, will he get it?  Will he realize that all of the apologizing does NOT build respect?  He is coming back from Asia totally empty-handed;  the press won’t report on it, but HE knows– obama knows that he wanted to accomplish some things, and he was ignored.  He knows he failed at the Olympic bid.  He knows that the dollar is falling like a stone.  He will see China stop investing in our debt– despite bowing lower and lower for them.  He will see the terrorists keep attacking, and he might even care that Americans will die (don’t hold your breath on that one!!).  Will he ‘get it’?  Will he recognize that he was a fool president?  Will he see, as US healthcare expenditures grow massively from the bureaucracy he creates,  just how wrong he was?  I would like to say ‘yes!’.  But we had the failed welfare system of the 1960′s and 1970′s, and he didn’t apparently learn from them.  So will he see?  When he sees the country mired in Carter-esque stagflation for decades, will he see what he did?  Again, it will be so obvious!  But then again, it already is– watch as the rest of the world explodes with growth, and we do a double-dip recession.  Watch as our unemployment worsens.  And he does not apparently see it… so the smart bet would be that he is one of those ‘lifelong’ Democrats who are blinded by partisanship.

Let's at least learn, and throw the bums out next year

In case you don’t read the details of stimulus plans and other failed obama initiatives, the reason we will not recover like other countries will is because obama spent us into bankruptcy during a recession– but not to do the thing that presidents usually do to reverse recessions, i.e. stimulate the growth of business, which creates jobs.  The blunder was so large that I have to think that obama assumed it would be easy to be president;  that he could just skim money off the economy for his pals, and that the economy would bounce back on it’s own without any help, and despite the harm he would do.  Maybe that would have occurred in some other era, but we really needed help this time.  And instead of providing help, obama made it much worse– he dumped billions upon billions into places and projects that do NOTHING to create jobs or spur economic growth.  In fact, he used billions of dollars to increase the size of government, even developing entirely new agencies.  Anyone in a position to expand a business saw that these new areas of spending were not temporary;  they were the start of projects that will forever cost taxpayers.  So the businessman says, ‘why expand if my taxes are going to go up to 80% in a few years?  Why risk my company if the return is essentially going to the government?’  So businesses did NOT expand.  And now the money is spent.  There is talk of spending ANOTHER 200 billion dollars– let’s see if it is spent wisely, or is instead wasted on paying for new Union-room coffee machines.

One final note-  I had the thought as I was reading about the billions upon billions that were being wasted on the new suddenly-endangered species that those people have quite a racket.  There were reports yesterday and today that environmental agencies had moseyed up to the spending hog-trough and were raking in huge increases in funding.  It occurred to me– who would question that?!  Can you see the press (outside of Fox news) going after agencies that protect spotted owls?  Michael Crichton had the guts to take on those agencies and was immediately dropped from all of the Hollywood guest lists;  with him gone (RIP) there is nobody, save John Stossel (who is already being pilloried) who will say a word about the issue.  And me, of course– but only two or three people get to hear my ranting!!

Unfortunately there is no giving him back!

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