Referring to the economy, on May 27, 2009, at a $15,000-a-head fundraiser dinner at the Beverly Hilton Hotel in Los Angeles, Barack Hussein Obama said:
"It's safe to say we have stepped back from the brink, that there is some calm that didn't exist before."
Maybe the economy is better for his millionaire buddies in Hollywood, like Steven Spielberg, Kiefer Sutherland, Antonio Banderas and Melanie Griffiths, but take a good look around folks. Tell me what you really see.
With the loss of nearly 2.1 million jobs in the private sector, the last 29 months of Obama's Socialism experiment in America has been an utter failure. But not to worry, Obama made sure over 400,000 jobs were added to the government roster.
Having spent more money in the last 2 years than the first 200 years of our country combined, Obama's dream of transforming the United States into a European socialist model, has made our country far worse off, with debt consuming our entire economic future.
Under the Obama regime, the government added $5.3 trillion in new financial obligations in 2010. That brings unfunded liabilities to a record $61.6 trillion. (i.e. The total of financial promises not paid for). Add to that, Obama's latest "budget" for fiscal year 2011, has a deficit of over $1.6 trillion. Obama's philosophy of, the bigger the government the better, forces the United States to borrow $188 million an hour, just to keep afloat. But not to worry. Obama's solution to jump start the economy is to implement cuts in the tax code. Of course he mistakenly assumes the citizens of America are too stupid to realize that this is actually a tax INCREASE. In a lecture, I mean speech, just a few days ago, our con artist-in-chief has also proposed raising taxes on the very people who create jobs, hoping to create a wave of class warfare. NEWS FLASH - Raising taxes on rich people will not stop a spending addiction.
How has Obama helped our country get back on the road to economic recovery? To help end America's dependence on foreign oil, Shell spent 5 years and $4 billion getting ready to drill for oil off the Alaskan coast. Sounds good doesn't it? Energy independence while creating thousands of jobs and lowering the price of gas at the pump. But wait, we can't have that. Obama’s Republic killing EPA Environmental Appeals Board is refusing to issue air permits to Shell. That will show those job creating private sector patriots. At the same time, Obama went down to South America to let them know that the United States would be glad to invest $2 billion of taxpayer money in Brazilian oil production. Wealth transference at it's best. Nice one, Mr. President.
Let's see what else. Boeing decided to build a 1.2 million square-foot airplane assembly plant in South Carolina. This would create jobs for over 9000 people. Obama's National Labor Relations Board (NLRB) believes it was a mistake because the factory is non-union. Sorry South Carolina, you can only build businesses where WE tell you. Union thug tactics at it's finest... the Chicago way.
Let's not forget about the $787 billion stimuless package that would guarantee unemployment would never go above 8%. Oh wait; was that another con perpetrated on the American public? I'm afraid so, Obama zombies. Democrats, are you still not aware your party has been taken over by Socialists?
Rush Limbaugh reported:"Wisconsin got $701 million in the stimulus, it's just a little under 10%, and $600 million of that $700 million went to the unions, public sector unions. The whole purpose of the stimulus bill was during a recession to make sure that public sector unions were not laid off by giving states money to keep them on the payroll." http://www.rushlimbaugh.com/home/daily/site_022511/content/01125107.guest.html
.And if you didn't think it could get any worse, Obama's buddy Dan Akerson, CEO of General Motors, floated the idea of a $1 a gallon increase in the gas tax as a way to encourage buyers to purchase smaller, more fuel efficient cars in an interview published in the Detroit News. Of course if you purchase more fuel efficient cars you will have to be punished because less taxes can be collected per gallon of gas. So many people bought hybrids in Washington state, they have proposed a bill that will force hybrid owners to pay an additional $100 a year tax to offset declining gas tax revenue. If approved the bill will go into effect in March 2012. If we could just have more government control over our lives. Do you want...?
- Bigger Government
- Less Liberty
- Higher Gas Prices
- Higher Unemployment
- More Wars
- Foreign Oil Dependence
- More Public Sector Unions Bailed Out With Taxpayer Money
- Out Of Control Spending With No Budget In Sight
Then vote for Barack Hussein Obama in 2012.
"The problem of power is how to achieve its responsible use rather than its irresponsible and indulgent use - of how to get men of power to live for the public rather than off the public."
- - Robert F. Kennedy