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Blood for Votes (and other musings)
Obama claims that he doesn’t want to nationalize U.S. businesses, but as I see it, Obama has been in office a little over 4 months and he has turned our legal system upside down and stole the property that belongs to the “secured” and senior lenders to GM and Chrysler in order to essentially “give” those companies to the unions, his largest political financial supporters which are junior and unsecured. Nice payback payoff ……what is it they say; “elections have consequences.” This is more adept than the Russian Revolution of 1917. Remember the misery this brought Russia and others for nearly a century following that little experiment?
To the surprise of the executives in the car industry and dealers, he has dictated the closing of many car dealers nationally without a mechanism to insure that the survivors are not Political Favorites of Obama while many “successful and profitable” dealers are being closed outside of the parameters set up by the auto industry for continued existence. The only significant justification that you can deduce from this is that they are (as most in fact were) Republican supporters. He fired the head of GM and replaced him with an “Obama friendly” retired communications executive, Edward E. Whitacre Jr., who claimed on the day of the announcement that he “doesn’t know anything about cars.” Go figure.
Now he is running the banks and deciding how much their executives can earn. He has even hired a salary “czar” to establish their pay grade. He likes this idea so much that he is looking into expanding this to other industries. Steve Ballmer, CEO and co-founder with Bill Gates of Microsoft has been a supporter of Obama but stated that they will move Microsoft “offshore” if Obama continues down this punitive path of taxes and making companies non-competitive in foreign markets. While attacking US corporations that do business overseas and receive tax benefits for it and wealthy taxpayers not paying enough tax, he himself (according to his published personal taxes for 2008) almost exclusively invested those millions of book royalties U.S. Tax Exempt offshore companies and tax exempt bonds….check it out yourself.
We passed a $800 Billion pork laden program under the guise of “emergency stimulus” to save us from the “Bush economy” [see my link HERE on Obama and the “Community Reinvestment Act” that I posted this past October revealing the real cause of the financial meltdown] and used this urgency as the cover to violate his own campaign promise of posting legislation for 48 hours on the White House website so all could see its contents. He called it his “new transparency.” Instead he delivered the 1,000 page bill to the Republicans for first review at 11 PM with a final vote scheduled on it the following morning at 9 AM. Is this the transparency he promised? The only thing transparent is that we were played for fools.
The way we know that this bill has nothing to do with “emergency stimulus” (even as it was designed and written) is the fact that 2/3rds of it wouldn’t be spent until 2010 and 2011 with most of that being in 2011. But it couldn’t wait another 48 hours on the website for proper disclosure. After it was shot gunned through Congress, Obama took a vacation and didn’t even sign it till mid (the following) week. Heck, not even the rank and file Democrats had a chance to read it. But this has all turned out even worse than that because they have only spent 5% of it to date, but you probably recall that part of its sales pitch was that we had plenty of “shovel ready” projects ready to go to effect an immediate stimulus……….not so. The economy is now beginning to recover without much Federal Stimulus money and even though it will likely be a protracted recovery, maybe we should revisit this spending and cancel it and save our children and grandchildren much grief.
He further emphasized the urgent need of the “stimulus” package in order to avoid the unemployment rate from going over 9% this year. Well, that strategy worked and that ill designed “stimulus” package did pass and almost exclusively by Democrats but the unemployment rate already hit 9.4% last month. Now just yesterday he has fired the Inspector General who investigated some suspicious illegal activities of a crony of his own.
Every despot in the world is testing Obama and they are learning that they can get away with anything and they include not only Iran and Venezuela but N. Korea as well. N. Korea tested nuclear bombs and missiles in contravention of US and UN warnings and yesterday the UN passed a resolution permitting UN member countries to “interdict” N. Korean vessels suspected of caring weapons. Obama stated yesterday that he intends to challenge such vehicles on the open seas, but wouldn’t use force to board them………… Do you see what I see here? He has essentially neutralized even the weak action of the UN and stated IN ADVANCE that we wouldn’t actually stop them. What kind of leadership is this? Do you think N. Korea will be inclined to cooperate with the “spirit” of the UN action since we have notified them that we won’t enforce it?
He has been on a world wide tour apologizing for the “misdeeds” of America without mention the countries we saved, the poor people we have fed, etc. and he has even unilaterally stated to the nations of the world that the United States is NOT a Christian nation. Ok, I can live with that maybe if he let it go at that, but then he goes onto Moslem soil and states that the United States is one of the largest Moslem nations. Truth is, even by those metrics we are not. We would be far down that list. You may have noticed that he managed to exempt his own culpability from all these woes that America has brought on the world.
Obama and his party are doing everything to release real terrorist that we have captured while simultaneously strategizing to prosecute real Americans that protected us from them. Now Pelozi wants to release photos that even she agrees with U.S. Generals will cost American’s lives. People don’t understand why she would do that, but it is an easy assessment. She is playing to the political left in San Francisco that is demanding this. She has placed her reelection and position ahead of Soldiers lives. The Deomcrats once (often) said “Blood for Oil” as they criticized Republicans. I think this is much more clearly Blood for Votes. (You can’t come up with any other analysis of it.)
What is the cost of all this…………..? Essentially every economist (eliminating those with a White House connection) feel that the Obama program will bankrupt the country and leave our children with an insurmountable debt at a time they will already be going broke over the existing Social Security and Medicare problems. Obama said last week “you ain’t seen nothin yet.” With Cap & Trade and Cap & Tax he will permanently make the US non-competitive with the rest of the world so we can be seen as “politically correct” in solving a problem (global warming) that either doesn’t exist or is not caused by people. The primary Charlatan and Elmer Gantry of our era is Al Gore. He has already made $100 million propagating his junk science that he won’t debate with opposing scientists and he is on the threshold of making Billions by becoming the primary “broker” of carbon offset credits. Understand this is a Ponzi scheme that moves around the production of carbon but doesn’t reduce a single pound of emissions. Did I tell you that C02 is NOT a toxic substance and is necessary in the photosynthesis process? You breathe C02 in and out with every breath. If you didn’t you’d be dead.
Let me conclude and say I smell that Obama is on the threshold of betraying the Israelis in a fundamentally existential fashion and he is headed in the direction of being the biggest elected disaster in the history of the country………..stay tuned.