09 October 2009

Oba Mao's accomplishments as I the Information Minister see them.


I have been accused of being long winded in my comments so that being said I'll try to be brief.  Repeat I'll try to be brief.

I'm sure everybody is paying attention to the news that the Golf States plan to stop using US dollars for oil trading.  On this news Gold shot up to as high as $1045 an ounce.  You may be thinking big deal.  Well let me tell you this is huge in the international arena.  This means that the Arab states along with China, Japan, Russia and good old France no longer have faith in US currency.  This move is a shot across the Bow of the good ship Oba Mao.  The world is telling Oba Mao it does not like the current economic policies he is pushing.  The world is telling Oba Mao you cannot spend this much without consequences.

The argument so far in Oba Mao's favor is the "give him a chance it's only been...." argument.  Hey it's only been one month, two months, four months, six months, nine months, etc, etc, etc. This clown is destroying this country and his best defense is "its only been."

In light of the SNL bit where Obama rests on the fact that he's done nothing since he was elected, let's sum up Oba Mao's accomplishments as I the Information Minister see them.

Rushed through several trillion dollars of spending without results.

Things are getting better in spite of the Government intervention not because of it.

Claimed that if we pass this spending unemployment not rise above 8%. It still did.

Nationalized two of the three american auto companies.  Only now revealed that they would not be able to repay the billions loaned to them.  More money and jobs lost.

Then passing this bill will create the jobs we so desperately need line Obama keeps feeding the public.  He said this for the bank bail outs, TARP, Auto bail outs, Stimulis, Health Care, Olympic's, you name it Obama said it will create jobs.  But for some reason unemployment continues to rise.  Doesn't the public know that in Obama's mind "HOPE HUGS" create jobs.

Congresses solution to unemployment is to extend unemployment benefits and create more of a safety net for those who are going to lose their jobs.  Sounds good right?  However, no where along with these extensions is any mention of job creations.  Nope no plan to give incentives to companies and small business's to create jobs, nothing, nada.

Why bother, the more people on the dole the better.  This seems counter intuitive but the more people with jobs means the less people on the dole.  I know it sounds crazy but that's just me.

Pelosi is now supporting a Vat tax to pay for all this over spending. (Which is a tax on a tax on ALL levels from production to purchase) A sure job killer in the long run, and a tax on the middle class.  Oops, did I just say a tax on the middle class, yes I did!  I told you all before that Obama would find a way to tax the middle class.  A VAT tax would cost consumers thousands of dollars a year.

In addition, Cap and trade which promises to create 1 green job for every 3 normal jobs lost.  Correct me if I'm wrong but I think that will result in a net loss.  On top of this the producers will pass this cost onto the consumers.  Adding another few thousand dollars of taxes onto the consumer.

How does this promote growth?  Well it doesn't.  Why do Democrats think that taxing its citizens and their business promote anything but the Government??  People cannot succeed under this kind of tyranny.

But maybe that's the plan.

Then we have Iran which is just a few clicks away from going nuclear.  With Obama keeping his finger crossed that he can get through his term (singular) without incident.  Since America has chosen Russia over Israel, Poland and the Czech Republic.  I have grim thoughts about ramifications of that.

On top of all this my Chief Economic Advisor predicts a push for yet another Stimulis package some time very soon.

And before you start doing cart wheels on the news that there is a budget neutral Democratic health care bill.  Please know the CBO only analyzed the rough draft/common language version of the bill.  Not the full version written in legal ease.  The devil is in the details and the Taxes called "Fees" will be in the details as well.  Your kidding yourself if you think that Obama can run this on budget and without increasing the deficit.  The only way they can would be to cut costs and ration care.  Tell me where or how I am wrong?

Which brings me to a question?

When do you feel team Obama will reach its limits?  At what point will they stop?  Is mandating health care even constitutional?

"The moment the idea is admitted into a society the property is not as sacred as the law of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence." --John Adams

"The two enemies of the people are criminals and the Government, so let us tie the second down with the chains of the Constitution so the second will not become the legalized version of the first." --Thomas Jefferson

As for myself....

"I must study politics and war that my sons may have the liberty to study mathematics and philosophy" --John Adams

America Prevails

Information Minister

Loyal Opposition


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