Thursday, October 21, 2010

Why the Obama administration is in trouble

Had the elitists in DC been paying attention on any level, the incumbents would not be in the position they now find themselves in.  There has never been sufficient Citizen demand for HCR to justify the political effort, but Congress chose to ignore that and instead told us to shut up and sit down because they knew what was
best for us.

They lied to us about costs; they lied to us about coverage; they lied to us about choices; they lied to us about rationing; they lied to us about the impact on deficits; they lied to us about availability; they lied to us about who makes treatment decisions; they lied to us about posting the act on the Internet for our review before it was passed and before it would be
signed by the president; they lied to us about special interests crafting it; they lied to us about transparency; they used faulty logic to cost justify it as though we were too dumb to notice; they lied to us about federal funding for abortions; they broke major pieces of the legislation into separate acts to make it look more affordable: as if we were too blind or too dumb to
notice:  and for this we should be thankful?  For this we should return them to office?

They took a Trillion dollars we don’t have, allocated 91% of it to sustain or expand governmentand government; scheduled it’s disbursement for maximum impact at the mid-term elections; and lied that it was going to stimulate the restoration of our economy.  They made up asinine numbers of ‘jobs saved or created’ and when that didn’t flush changed
it to ‘jobs impacted’ whatever that is supposed to mean.  They lied that spending this borrowed money ould prevent unemployment from going over 8%. We told them they were lying and they called us racists for our efforts.



To advance their progressive agenda they manipulated our financial system removing long-proven qualification safeguards for borrowers; they foolishly made capital abundant and nearly free to create a predictable and devastating real estate bubble that nearly destroyed the global financial system and then blamed everyone but themselves (Barney Frank and Chris Dodd we know who you are): they broke the chain of accountability and responsibility by permitting bundled derivatives; they eliminated risk from the irresponsible
profit takers and transferred it to the American taxpayer via Freddie, Fannie
and AIG.  They restructured the American financial structure to punish their enemies and reward their friends; they stole Chrysler and GM from the lawful shareholders without just compensation; they extorted the bondholders; they suborned the bankruptcy laws of the US;
they gifted the auto manufactures to their Union supporters and foreign competitors; and then accepted millions of dollars in political contributions from these companies that are still surviving solely on taxpayer bailouts.



The Fed has been running the currency printing presses since January 2009 around the clock; they threatened the bankers and financiers that if they made risky investments (like cash flow bridge loans to small business) that they would be punished to the full extent of the law, essential shutting down the small business job incubators; they lent money from the Fed to banks at near zero interest so the banks could buy Treasuries  and thereby monetize the debt (immediately after promising not to do so); they publically castigated private sector
financial institutions but ignored identical behavior at Freddie and Fannie.  They took absolute control of government education loans and in the process gave themselves the power to direct those funds to students of their choosing without oversight or appeal.  They crafted unknowable legislation to ‘reform’ our financial system and in the process granted themselves absolute power over any privately-owned business: to modify it, destroy it, disembowel it again without oversight or appeal.  The same deviants Barnie Frank and Chris Dodd, who destroyed the financial system, were entrusted to reform it.
They gave us a disaster in the Gulf when they sold a lease that netted the federal government $2.3 BILLION but failed to provide any oversight to assure and verify compliance with Federal laws in place since March 2009 even though candidate Obama in 2007 acknowledged terminal deficiencies in MMS.  Those regulations require the federal government to have spill containment and correction resources on site when drilling is under way; but there was none.  To add insult to injury, the president denied permission for assistance offered by the world’s most qualified and experienced crews and equipment from 35 different countries rather than temporarily suspend the Jones Act and theoretically threaten a handful of Union jobs of his 2008 political contributors; giving the oil pollution time to reach the ecologically fragile rookeries and shell fish habitats. Then, over the advice of his ‘panel of experts’ the president slapped a moratorium on deep water drilling in the Gulf pending an investigation, knowing that it would send 12,000 high paying oil platform workers from the Gulf that needed that income to recover from the disaster- off to Brazil to sites funded by the IMF at Obama’s request and partially owned by one of Obama’s wealthiest
and most powerful political contributors: George Soros.


In 2008 a sufficient number of voters decided to vote for ‘change’ thinking that it couldn’t get any worse, only to learn that it could (and did) get infinitely worse.  Not only did we elect a president with no leadership experience, but he lacked respect for and any comprehension of the Constitution, free enterprise, free markets, job creation, finance, American history and the fact that free people anywhere in  the world enjoy freedom solely at the expense of American blood, sweat, and treasure.  And for that he thinks he should apologize.  What an insult to all Americans past, present, and future!


Let us all pray that we don’t make the same mistake again.  Let us pray that we weed-out all those federal officers who neither know nor respect the Constitution; and let us pray that we
replace them with humble, honest, public servants who do.  Otherwise we will be no better off than before.

No comments:

Post a Comment