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Normally I steer away from Rolling Stone and their articles. However, this one makes some very good points and arguments in regards to the Obama administration’s catastrophically negative impact on the U.S. economy. As in the author of the article Obama’s Big Sellout stated, “This new team of bubble-fattened ex-bankers and laissez-faire intellectuals then proceeded to sell us all out, instituting a massive, trickle-up bailout and systematically gutting regulatory reform from the inside.” Which in my opinion, is putting it mildly. It is and has been a buy out of the major banks and automobile companies in aspirations to gain even more of a government foothold. And as the article points out, “… the extensive series of loophole-rich financial “reforms” that the Democrats are currently pushing may ultimately do more harm than good.”
It is also explains that during the campaign Obama had advisers which focused heavily on helping the poor and middle class, and condemned the bankers of Wall Street. But the day after Barack Obama was elected to office, he did away with those advisers and replaced them with the total opposite, Wall Street bankers. Which “Leading the search for the president’s new economic team was his close friend and Harvard Law classmate Michael Froman, a high-ranking executive at Citigroup.” And it wasn’t long after he was made official in his office that Obama made the $306 billion bailout of Citigroup and agreed to make taxpayers pay up to $277 billion in losses for the Citi assets.
It is very interesting to say the least to see how the web of Obama’s economic team was formed. There is no interest in helping the poor or middle class. It is about making more money and expanding government control. The author of the cited article does well showing the timeline of events and the connections of the appointees. However, he is clearly a democrat and was at one time for Obama. He also uses a fair amount of profanity, which is completely unnecessary for getting his point across. But I do think it is a worthwhile read for informational purposes if you read it to the end.
WARNING THE FOLLOWING LINK DOES CONTAIN PROFANITY (very unnecessarily)
Just recently RAND Corporation, a research arm of the U. S. military, released a study titled A Stability Police Force For The United States: Justification And Creating U. S. Capabilities. In this research RAND concluded that this new force would be a hybrid between law enforcement and military. They would create this new force from within the U. S Marshal Service. Their role in the Marshal Service would be as stated in the study, “in a range of tasks such as crowd and riot control, special weapons and tactics (SWAT), and investigations of organized criminal groups”. In the RAND study the size of the unit would be relatively small somewhere around the range of two-6,000 personnel. Yet after further reading the study we find out that this new unit could, as in their words, “could be increased by augmenting it with additional federal, state, or local police from the United States”. Wow, talk about big brother getting even bigger.
The powers that would be given to the Federal government, if this study were to become reality, would be overwhelming and unconstitutional. It is my understanding that for the most part of our country’s history (at least until President Theodore Roosevelt Supreme Court corrupted a time long understanding of State rights over Federal rights) as stated in Wikipedia, “…. Congress has limited powers granted in the Constitution, the Federal government does not have a general police power, as the states do. The exceptions are laws regarding Federal property and the military. On the other hand, Congress was granted by the New Deal Court a broad quasi-police authority from its power to regulate interstate commerce and raise and spend revenue.” So much for the 10th Amendment which basically guarantees the powers that were not granted to the federal government were therefore given to the states. Establishing a police force was never granted to the Federal Government. That power was considered best to be given to states and their local officials. In September 17, 1997 Congressman Ron Paul stated in his speech to the House Speaker in the House of Representatives in Congress over the recent broadening powers given to the Federal Government that,” Under the constitution, there was never meant to be a Federal police force. Even an FBI limited only to investigations was not accepted until this century.” It was the intentions of our founders to limit the power of government to create a more free society.
What, if anything, does the government or the Obama Administration, hope to achieve in creating such a powerful police? One can only be reminded about what Germany did before World War II. Tell me if this does not give you a moment of pause. First, in order to get Germany out of a financial depression, Hitler quickly past legislation that gave his government power to take over the banking system. Next, Hitler lead the government to take over most of Germany’s industrial industries in hopes to lessen the unemployment rate. Last, but not least, Hitler took over all police powers in the country and created the Gestapo. By doing this Hitler guaranteed his grasp over his country and the Nazi Party began its long, but failed, crusade in taking over the world. I hope that history does not repeat itself since it does cause quite a mess.
District 22 Congressional candidate Lieutenant Colonel West is on fire! His conviction, beliefs, and lack of teleprompter are quite impressive and inspirational. I wish he was more publicly recognized during the 2008 elections and that we could have more candidates like him.
The unprecedented increase in unemployment has no doubt effected every U.S. citizen in one way shape or form. If you have not been laid off, then chances are you are close to someone who has been. You probably even have one or more within your family that has been let go in the past year. It touches the heart to hear of loved ones losing so much and then struggling month after month to find a way to replace the lost income. But who has been hurt the most throughout this financial recession? Believe it or not, it is the majority of those who voted Barack Obama into the Presidency, it is the Democrats and Independents.
Back in January of this year, when the unemployment rate was at 7.6%, many blamed President Bush for the unemployment disaster. And while he did play his own part in allowing the first stimulus package and the buy out of many banks, it was made dramatically worse by President Obama. Obama did not allow the economy to simply heal on its own, he pushed to further the national debt, crippling the U.S. dollar, and all the while convincing many Americans that it was the proper course of action to stimulate the economy.
President Obama and the mainstream media has since then lied numerous times telling the public the economy is growing, that unemployment rates are improving, and that we are going in the “right” direction. This could not be further than from the truth. And yet, his loyal followers, who are taking the brunt of the economic crisis, still listen and believe with unemployment now at a staggering 10.2%.
Why is it that those who are suffering the most from this situation continue unfailing support of the Obama administration? Is it that so many have grown so dependent on the government that they are still encouraged by the empty promises of Obama? Perhaps it’s the vainess of sticking beside one’s own race without question? Or maybe it is like rooting for your favorite football team, no matter what you will go with your political party for better or for worse. Many Americans regardless of social standing do not like to admit when they have made a mistake. What ever the case is, I think it can be all of the above. Sadly, according to Rasmussen Reports it is Obama’s supporters, the Democrats and the minority population, that are being hit the hardest by unemployment.
The data collected by the Rasmussen Reports national telephone survey states:
“Data from Rasmussen Reports national telephone surveys shows that 15.0% of Democrats in the workforce are currently unemployed and looking for a job. Among adults not affiliated with either major party, that number is 15.6% while just 9.9% of Republicans are in the same situation.”
How do I know who supported Obama the most? As reported by BBC News on exit polls in their article Who Voted For Obama, he had the most support from first time voters, young voters, Democrats, and minority groups. And ironically, 62% of those who voted for Barack Obama cited that the economy was their main factor. Since his appointment to office, it has only worsened and regressed at a rate that no one ever thought possible.
What has our President that promised so much hope and change done to improve our economic woes? Why, he has made them far more and far worse. If you were in deep financial debt would you try to get out by spending more money? No, of course not. You would hunker down and take out the frivolous things in your life to make up the difference while paying back what you owe little by little. Yet, this administration instead took it upon themselves to spend not only our money, but our children and our grandchildren’s money, in the hopes of stimulating an economy that had already been overspent.
Those who were in financial trouble would have been better off to slip into bankruptcy and to lose a few jobs rather than to become slaves to the federal government who bought out their stocks to “save” them. No company is too big to fail. Instead, the deeds of the Obama administration has bankrupted the entire nation and left us in debt to other countries. In the meantime, those who provide the unshaken support of our President suffer the hardest in false hope that he will somehow rescue them by paying their gas and mortgage. Is the Democrat party so hungry for power that they are willing to make more people dependent on the government in supplying their every need like with this healthcare bill, giving them the power over our very health and well-being? It will spiral America into more economic hardship and leave us at the mercy of the country with the greatest stock in America (a.k.a. China). In a once Republic nation that is now resembling a socialist/communist country, how ironic that we look to China for support at this time. (Why else did you think Obama is spending so much time over there?)
When the health care reform bill passed the House on Saturday by a 220-215 vote, it was as clear as ever that we are a country divided. The vast majority of those in favor of the bill were from the Democrat party except for one, Rep. Anh “Joseph” Cao of New Orleans, who was singled out as the one Republican that the Obama administration could sway to do their bidding. And, having received the “Obama Treatment” and oodles of political “advice” was just what Mr Cao needed to mold him into the one thing the administration needed…bipartisanship.
With the well known controversy of the Pelosicare bill surrounding the two political parties of Democrat and Republican, the one thing that was obvious was that no GOP member in their right mind was going to vote in its favor. It has been evident from the beginning of President Obama’s presidency that it was a difficult task to bring in enough support for a bill like this with the endless campaigning and lobbying on the part of the administration and it’s supporters. They were even right back on the band wagon as soon as the bill passed trying to devise their next plan to be able to forward the agenda. But the claim of bipartisanship was an obstacle that they wanted to over come, just so they could have that under their belt when arguing in defense of Pelosicare. Although, I would hardly call one measly Republican vote bipartisan.
This is why they spent so much time in the weeks before on Rep. Anh “Joseph” Cao. They saw a link that was weak enough to break. According to Fox News, Rep. Cao said that President Obama spoke with him for “a period of a couple weeks” and that Obama’s staff spoke with him “on a number of occasions.” And those talks sound a lot like flattery to me. Cao told Fox News that “We were able to sit down to talk about recovery, to talk about the needs of the district.”
The excuse for voting in favor of the health care bill in Mr. Cao’s eyes, was that his political situation is “special” due to having won in an upset election last December over Democrat William Jefferson. Cao even said to The Times-Picayune during the summer, “voting against the health care bill will probably be the death of my political career.” So, forget the Constitution, the American freedoms and liberty, the fight against more government control…just worry about your political career, because that’s what really matters in the end.
In my heart I know it probably won’t happen due to the overwhelmingly majority of democratic voters in New Orleans, but I sincerely hope that Rep. Anh Cao (and all Rhinos across America) get the boot in the 2010 elections. We do not need people in office that worry more about their political career than the future of America, and that goes for all parties. No more career politicians!
As I watched the news last night a glimmer of hope raised inside of me when I found that the Republicans had won in the Virginia and New Jersey votes. This shows that many of those who were seeking “change” with Obama are now seeing that his far left agenda is not right for America as well as with all left leaning politicians. It also reveals that the Democratic methods used to govern these states are not what the people want. And hopefully now realizing that they don’t need to be taxed through the nose to get their economy back on track, but have a leader that will simply spend frugally.
Now that the election is over we are hear from the Obama administration that it was no big deal to lose. With Robert Gibbs saying, that the election of Republicans to the governorships in Virginia and New Jersey was based on “very local issues that didn’t involve the president.” They may think that downplaying their loss will work on the American people, but it was clear to see during the campaigns that the story was quite different.
President Obama spent a considerable amount of time campaigning for the Democratic candidates in the weeks and days before the elections. Obama even said at one campaign rally for Jon Corzine, “I’m going to need you to knock on doors. I’m going to need you to make phone calls,” he said. “I’m going to need you to do the same thing you did last year.” Not to mention the commercials he did for Creigh Deeds, and the extensive hours he and Joe Biden put in just talking to people and rallying for their Democrat comrades. And now they say it’s nothing, just some local stuff that has nothing to do with the President?
I beg to differ. I think it has everything to do with the President and the way that these politicians aligned themselves with him and his policies. People are finally waking up and seeing that this “change” isn’t working and want to even the playing field. Although it is faint and some what a small victory, it is still hope. Not the Obama kind of hope mind you, but the kind that the American people are becoming informed and will stand up for the liberty and freedoms that have been uniquely theirs for centuries.
Republican Scozzafava endorses Democrat after dropping out of race for New York’s 23rd Congressional District after realizing that she can not win. This needs to be a realization for all the GOP to get the Rhinos out, move the Moderates aside, and bring back the Conservatives. At least the Democratic candidate was supported by a group sharing the same ideals; it would have not been even a close win for Scozzafava because of the difference in the beliefs held by her and her supporting party. This was a complete waste of time, money, and effort in the Republican party when they could have easily gone with much more of a true “right-winger”. But for now, it looks as though a good candidate will likely be voted in for the Conservative party. I am all for third parties, but unfortunately, it is usually the more well-funded individuals who have the higher chances.
Just for a good laugh, check out Joe Biden’s ridiculous rant. Sounds like he is encouraging dissent as long as it is in line with the Obama agenda. And be sure to see how he jumps back to Sarah Palin at the end, he just can’t get over his recent disagreement with her on energy.