The Truth About The Obama Agenda

brucefan

EOG Dedicated
The Truth About The Obama Agenda

Tuesday, January 27, 2009, 07:19 PM

I have been asked by radio talk show hosts across the country to talk about President Obama's possible- if not probable- nationalization of the banking system. But there's more to the story than just banks.

This issue ties in with every aspect of the Obama Socialist Agenda- bailouts, handouts, economic stimulus packages, giving too much power to The Federal Reserve?let's not forget tax cuts to people that don't pay taxes.

This Obama agenda isn't about saving the American economy. Rather it is about putting Big Brother in control of our lives. It's about the Nanny State- big government intrusion into every aspect of our lives, in order to "protect" us. It's about destroying capitalism and tearing down the U.S. economy to build a new economic system based on rewarding the "right kind" of Americans- those who support Obama and his agenda.

It's about bribery- Obama is buying votes for a generation- thereby guaranteeing the liberal big government, tax and spend, big union, radical environmental agenda controls every aspect of our lives for decades to come.

It's about Socialism?it's about "group think"?the collective good of society instead of the individual. It's about rewarding the non-productive members of society (Obama's voters), and punishing the taxpayers- the group that creates the jobs, owns the businesses, owns the property, and pays the actual taxes. Just as he told "Joe The Plumber" during the Presidential campaign, Obama wants to punish this group because these Americans tend to vote Conservative.

It's about making the Federal Reserve more powerful so that it can print money endlessly to pay for Obama's reckless spending, even if inflation rises to double-digits and the value of the dollar descends towards zero.

It's about building an economy that rewards Obama's supporters- big unions, government employee unions, teachers unions, auto unions, lawyers unions (otherwise known as The Bar Association), lobbyists, and environmentalists.

And of course the biggest goal of all?it's about controlling the banks, who will decide what people and what projects get funding for the next 4 or 8 years of an Obama administration.

This is the greatest, most manipulative VOTE BUYING SCHEME in political history. Just as the New Deal cemented Democratic control of national politics for a half century- this Obama agenda is The New Deal II?on steroids!

Think
?think long and hard and deeply about what caused this economic tsunami: Too much government spending. Too many handouts. Too much wasted spending on failing public schools- orchestrated by greedy teachers unions. Too many government employees with bloated salaries, pensions and health benefits. Too much deficit. Too much debt. Too many promises by government with blank checks- paid for by taxpayers.


Too many government rules that forced banks to loan billions to low income Americans who couldn't and shouldn't have qualified for mortgages?all in the name of equality and "fairness."

Too many government bureaucrats like Barney Frank, Chris Dodd and Chuck Schumer with oversight over Fannie Mae, Freddie Mac, Wall Street, Bernie Madoff, and the banking system- while these same politicians were the biggest beneficiaries of contributions from those very companies and sectors.

And now think of what Obama's solution really consists of- MORE of all of the above. He proposes far more spending to get us out of bankruptcy. He proposes giving state and local governments billions of dollars to reward them for spending far too much- virtually guaranteeing they'll do it again. He wants to make government far more important. He wants to give more power to Barney Frank and his friends. Friends like Congressman Chsarles Rangel who oversees tax policy but conveniently "forgot" to pay his own taxes. Or new Treasury Secretary Tim Geithner who creates tax policy, but conveniently "forgot" to pay his own Social Security taxes. He wants to create more regulations- even though government regulations contributed to the current crisis (and certainly didn't prevent it). How could more of the things that caused this mess possibly be the solution?

Think?think about the beneficiaries of every aspect of this plan: The economic stimulus package is about buying the votes of the 40% of Americans who will get a tax cut check?but never paid any taxes in the first place. Obama is betting that they will gladly vote Democrat for many years to come. Wouldn't you be thankful if someone gave you a check for doing nothing?

It's about giving away $200 billion to state & local governments- to lock up the votes of government employee union members for a generation- by making sure that government employees not only keep their jobs, but get pay raises while the rest of us in the private sector struggle to survive in a depression.

It's about handing out tens of billions of dollars to a failing education system OWNED by teachers unions who couldn't care less about the kids?and prove it every day with lower test scores and higher drop out rates. Why reward failure? To buy the votes of millions of teachers union members for a generation.

It's about giving away billions of dollars to failing auto companies in order to reward the auto unions that supported Obama?and buy the votes of auto workers earning $150,000 (or more) in annual salaries, pensions & benefits to drill rivets into fenders of cars so over-priced that no one wants to buy them anymore. But you can bet that Obama will make sure union contracts are protected- at all costs.

It's about handing out jobs to construction workers- also union members?in order to guarantee that those millions of workers vote Democrat for a generation. And if they're not union members, Obama will pass the Card Check legislation that bans secret ballots, to ensure that every possible worker becomes a union member- even if forced by violence or intimidation.

Finally, the Obama agenda is about a government takeover of banks so that Big Brother is in control of who gets loans. You can bet that the Obama bureaucrats put in charge of banks will use politics as their guide to make every decision- directing the banks' money to union members, union-funded projects, environmentally-correct projects, politically- correct projects, and any projects where Obama's friends stand to profit.

Ladies & gentleman we have sold out. We have sold our souls to the devil?and the devil is big government. Obama doesn't want to help you- he wants you to desperately crave the government's help. He wants you hopeless, helpless, aimless, and clueless, thereby dependent on government to survive. He wants to slip socialism by you?and destroy capitalism while we're in crisis- while you're scared and weak, and he hopes you won't even notice. Not as long as he sends you a check, takes over your bank, protects your mortgage (even if he has to ask government to break the legal contract), educates your children at government-run schools, and gives you a job. And once his plan is complete, he'll own you and your vote for life. But look at the price you'll pay- every aspect of your life will be dominated and determined by Big Brother.

Author Ayn Rand predicted it all many decades ago in "The Nature of Government":
"We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission; which is the stage of the darkest periods of human history, the stage of rule by brute force. "


Give Obama credit for the deception. His brilliant team of handlers and publicists show the mainstream media images of his beautiful wife and children?his wonderful family?and they have him quote the Founding Fathers?and talk about choosing a new church for his family. He talks about tax cuts as a big part of his stimulus plan, never mentioning that the cuts don't go to the people that actually pay most of the taxes. All the while these nice images and perfectly orchestrated sound bites play in the media, Obama is busy destroying capitalism?stomping on the Constitution?and re-distributing the wealth. Karl Marx could not have come up with a more effective plan.

This is a brutal, calculating, manipulative, vicious coup- a takeover of the capitalist system?a high-jacking of the electorate through bribery?under the stress of crisis. This is about turning the whole country into one big Chicago?controlled by big unions?teachers unions?environmental lobbyists who want to tax you to death to prevent a global warming disaster that isn't proven to exist (we are more likely to be experiencing "global cooling"). But no matter?Big Brother is in control and taking action on your behalf?protecting you?keeping you safe and employed?and protecting you from global warming doom & gloom. Remember if draconian global warming rules, regulations and taxes destroy millions of private sector jobs?all the better for the Obama agenda. Obama will create millions of government jobs to replace them- making big government even more powerful and beloved.

All these radical liberal groups are out to destroy capitalism simply because they're no good at it. They've failed in the current system, so their goal is tearing it down to create a new economic system (or "world order") where they can succeed?because they are in control and they make the rules. By applying the right pressure- ie the bribes of trillion dollar government bailouts and programs up for grabs, they've even gotten big business to go along with the plan.

This my friends is the Socialist Utopia?the liberal version of the "Stepford Wives." And it took the perfect boob to open the door- George W. Bush, the compassionate conservative who poisoned the Republican brand; caused conservatives to hide in embarrassment and shame; and allowed Obama to exist because of Bush's own incompetence, arrogance, reckless disregard for excessive government spending, and record-setting expansion of government. Now Obama is here to "rescue" us. Not that he's ever been in business?not that he's ever taken an economics class?not that he's ever created a job. But simply because Obama is the Anti-Bush, he now commands the American economy and the free world.

In response, we are all stepping off the cliff like lemmings?following a Pied Piper?falling to our deaths?destroying capitalism?giving up our freedoms?sacrificing our children's future?wrecking our economy?punishing the taxpayers?and rewarding those who failed in the capitalist system- who happen to support Obama.

Historian and political statesmen Alexis De Tocqueville's words have finally come true:
"The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money."

Some of us can still see what is happening. Some of us are willing to stand up to the bullies. Some of us are willing to still support capitalism. Some of us are willing to lead the loyal opposition. I'm Proud to call myself a Libertarian, Fiscal Conservative, Capitalist, Small Businessman, Home-School Dad, Citizen Politician, Son of a Butcher?and The ANTI-Obama.



Wayne Allyn Root was the 2008 Libertarian Vice Presidential candidate. His new book is released by John Wiley & Sons in May entitled, "The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts." He also happens to be Barack Obama's college classmate (Columbia University Class of '83). For more of his views, commentaries and to watch his many media interviews, please visit his web site at: www.ROOTforAmerica.com
 

Doc Mercer

EOG Master
Re: The Truth About The Obama Agenda

Obama Socialist Agenda- bailouts, handouts, economic stimulus packages, giving too much power to The Federal Reserve

Hmmmm .... that Means Bush was also a SOCIALIST according to Root
 

brucefan

EOG Dedicated
Re: The Truth About The Obama Agenda

By now, anyone with half a brain knows that the spending Bill is all crap, and loaded with Pork, just at a time when it will bankrupt our Country

? $20 million ?for the removal of small- to medium-sized fish passage barriers.? (Pg. 45 of Senate Appropriations Committee report: ?20,000,000 for the removal of small- to medium-sized fish passage barriers)

? $400 million for STD prevention (Pg. 60 of Senate Appropriations Committee report: ?CDC estimates that a proximately 19 million new STD infections occur annually in the United States ?The Committee has included $400,000,000 for testing and prevention of these conditions.?)

? $25 million to rehabilitate off-roading (ATV) trails (Pg. 45 of Senate Appropriations Committee report: ?$25,000,000 is for recreation maintenance, especially for rehabilitation of off-road vehicle routes, and $20,000,000 is for trail maintenance and restoration?)

? $34 million to remodel the Department of Commerce HQ (Pg. 15 of Senate Appropriations Committee report: $34,000,000 for the Department of Commerce renovation and modernization?)

? $70 million to ?Support Supercomputing Activities? for climate research (Pgs. 14-15 of Senate Appropriations Committee Report: $70,000,000 is directed to specifically support supercomputing activities, especially as they relate to climate research)

? $150 million for honey bee insurance (Pg. 102 of Senate Appropriations Committee report: ?The Secretary shall use up to $ 50,000,000 per year, and $150,000,000 in the case of 2009, from the Trust Fund to provide emergency relief to eligible producers of livestock, honey bees, and farm-raised fish to aid in the reduction of losses due to disease, adverse weather, or other conditions, such as blizzards and wildfires, as determined by the Secretary?)

SEE BELOW

Glenn Beck - An Inconvenient Debt


<EMBED src=http://www.youtube.com/v/lNS8IY_Td14&hl=en&fs=1 width=400 height=246 type=application/x-shockwave-flash allowscriptaccess="always" allowfullscreen="true">

</EMBED>So the question is why???

The answer is why this thread needs a bump

Wake up people!
2348ji23e2348ji23e
 

brucefan

EOG Dedicated
Re: The Truth About The Obama Agenda

3 TRILLION? Obama considers tripling cost of government growth plan

posted by
Donny Ferguson on Jan 30, 2009


Economist, columnist and CNBC host Larry Kudlow reports the Obama administration is considering making the $1 trillion government expansion plan even bigger -- throwing in an amazing $2 trillion in additional bailouts for banks.
That's three trillion dollars in expanded government spending. $3,000,000,000,000.00. $10,000.00 in new government spending for every man, woman and child in the United States -- with very little evidence it will create significant numbers of jobs or speed up inevitable economic recovery.
After facing bipartisan opposition in the House, the government expansion plan moves to the Senate. Economist Martin Feldstein, whose endorsement of the original plan was touted by Obama as a selling point, has withdrawn his support and is calling upon the Senate to delay passage.
Voter opposition to the Obama spending plan is already rising and support has plunged to 42 percent. Support is declining fastest among the independent voters senators rely on to win election -- and that's before the possible $2 trillion in additional bailouts is included.


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brucefan

EOG Dedicated
Re: The Truth About The Obama Agenda

The Truth About The Obama Agenda

Tuesday, January 27, 2009, 07:19 PM

I have been asked by radio talk show hosts across the country to talk about President Obama's possible- if not probable- nationalization of the banking system. But there's more to the story than just banks.

This issue ties in with every aspect of the Obama Socialist Agenda- bailouts, handouts, economic stimulus packages, giving too much power to The Federal Reserve?let's not forget tax cuts to people that don't pay taxes.

This Obama agenda isn't about saving the American economy. Rather it is about putting Big Brother in control of our lives. It's about the Nanny State- big government intrusion into every aspect of our lives, in order to "protect" us. It's about destroying capitalism and tearing down the U.S. economy to build a new economic system based on rewarding the "right kind" of Americans- those who support Obama and his agenda.

It's about bribery- Obama is buying votes for a generation- thereby guaranteeing the liberal big government, tax and spend, big union, radical environmental agenda controls every aspect of our lives for decades to come.

It's about Socialism?it's about "group think"?the collective good of society instead of the individual. It's about rewarding the non-productive members of society (Obama's voters), and punishing the taxpayers- the group that creates the jobs, owns the businesses, owns the property, and pays the actual taxes. Just as he told "Joe The Plumber" during the Presidential campaign, Obama wants to punish this group because these Americans tend to vote Conservative.

It's about making the Federal Reserve more powerful so that it can print money endlessly to pay for Obama's reckless spending, even if inflation rises to double-digits and the value of the dollar descends towards zero.

It's about building an economy that rewards Obama's supporters- big unions, government employee unions, teachers unions, auto unions, lawyers unions (otherwise known as The Bar Association), lobbyists, and environmentalists.

And of course the biggest goal of all?it's about controlling the banks, who will decide what people and what projects get funding for the next 4 or 8 years of an Obama administration.

This is the greatest, most manipulative VOTE BUYING SCHEME in political history. Just as the New Deal cemented Democratic control of national politics for a half century- this Obama agenda is The New Deal II?on steroids!

Think
?think long and hard and deeply about what caused this economic tsunami: Too much government spending. Too many handouts. Too much wasted spending on failing public schools- orchestrated by greedy teachers unions. Too many government employees with bloated salaries, pensions and health benefits. Too much deficit. Too much debt. Too many promises by government with blank checks- paid for by taxpayers.


Too many government rules that forced banks to loan billions to low income Americans who couldn't and shouldn't have qualified for mortgages?all in the name of equality and "fairness."

Too many government bureaucrats like Barney Frank, Chris Dodd and Chuck Schumer with oversight over Fannie Mae, Freddie Mac, Wall Street, Bernie Madoff, and the banking system- while these same politicians were the biggest beneficiaries of contributions from those very companies and sectors.

And now think of what Obama's solution really consists of- MORE of all of the above. He proposes far more spending to get us out of bankruptcy. He proposes giving state and local governments billions of dollars to reward them for spending far too much- virtually guaranteeing they'll do it again. He wants to make government far more important. He wants to give more power to Barney Frank and his friends. Friends like Congressman Chsarles Rangel who oversees tax policy but conveniently "forgot" to pay his own taxes. Or new Treasury Secretary Tim Geithner who creates tax policy, but conveniently "forgot" to pay his own Social Security taxes. He wants to create more regulations- even though government regulations contributed to the current crisis (and certainly didn't prevent it). How could more of the things that caused this mess possibly be the solution?

Think?think about the beneficiaries of every aspect of this plan: The economic stimulus package is about buying the votes of the 40% of Americans who will get a tax cut check?but never paid any taxes in the first place. Obama is betting that they will gladly vote Democrat for many years to come. Wouldn't you be thankful if someone gave you a check for doing nothing?

It's about giving away $200 billion to state & local governments- to lock up the votes of government employee union members for a generation- by making sure that government employees not only keep their jobs, but get pay raises while the rest of us in the private sector struggle to survive in a depression.

It's about handing out tens of billions of dollars to a failing education system OWNED by teachers unions who couldn't care less about the kids?and prove it every day with lower test scores and higher drop out rates. Why reward failure? To buy the votes of millions of teachers union members for a generation.

It's about giving away billions of dollars to failing auto companies in order to reward the auto unions that supported Obama?and buy the votes of auto workers earning $150,000 (or more) in annual salaries, pensions & benefits to drill rivets into fenders of cars so over-priced that no one wants to buy them anymore. But you can bet that Obama will make sure union contracts are protected- at all costs.

It's about handing out jobs to construction workers- also union members?in order to guarantee that those millions of workers vote Democrat for a generation. And if they're not union members, Obama will pass the Card Check legislation that bans secret ballots, to ensure that every possible worker becomes a union member- even if forced by violence or intimidation.

Finally, the Obama agenda is about a government takeover of banks so that Big Brother is in control of who gets loans. You can bet that the Obama bureaucrats put in charge of banks will use politics as their guide to make every decision- directing the banks' money to union members, union-funded projects, environmentally-correct projects, politically- correct projects, and any projects where Obama's friends stand to profit.

Ladies & gentleman we have sold out. We have sold our souls to the devil?and the devil is big government. Obama doesn't want to help you- he wants you to desperately crave the government's help. He wants you hopeless, helpless, aimless, and clueless, thereby dependent on government to survive. He wants to slip socialism by you?and destroy capitalism while we're in crisis- while you're scared and weak, and he hopes you won't even notice. Not as long as he sends you a check, takes over your bank, protects your mortgage (even if he has to ask government to break the legal contract), educates your children at government-run schools, and gives you a job. And once his plan is complete, he'll own you and your vote for life. But look at the price you'll pay- every aspect of your life will be dominated and determined by Big Brother.

Author Ayn Rand predicted it all many decades ago in "The Nature of Government":
"We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission; which is the stage of the darkest periods of human history, the stage of rule by brute force. "


Give Obama credit for the deception. His brilliant team of handlers and publicists show the mainstream media images of his beautiful wife and children?his wonderful family?and they have him quote the Founding Fathers?and talk about choosing a new church for his family. He talks about tax cuts as a big part of his stimulus plan, never mentioning that the cuts don't go to the people that actually pay most of the taxes. All the while these nice images and perfectly orchestrated sound bites play in the media, Obama is busy destroying capitalism?stomping on the Constitution?and re-distributing the wealth. Karl Marx could not have come up with a more effective plan.

This is a brutal, calculating, manipulative, vicious coup- a takeover of the capitalist system?a high-jacking of the electorate through bribery?under the stress of crisis. This is about turning the whole country into one big Chicago?controlled by big unions?teachers unions?environmental lobbyists who want to tax you to death to prevent a global warming disaster that isn't proven to exist (we are more likely to be experiencing "global cooling"). But no matter?Big Brother is in control and taking action on your behalf?protecting you?keeping you safe and employed?and protecting you from global warming doom & gloom. Remember if draconian global warming rules, regulations and taxes destroy millions of private sector jobs?all the better for the Obama agenda. Obama will create millions of government jobs to replace them- making big government even more powerful and beloved.

All these radical liberal groups are out to destroy capitalism simply because they're no good at it. They've failed in the current system, so their goal is tearing it down to create a new economic system (or "world order") where they can succeed?because they are in control and they make the rules. By applying the right pressure- ie the bribes of trillion dollar government bailouts and programs up for grabs, they've even gotten big business to go along with the plan.

This my friends is the Socialist Utopia?the liberal version of the "Stepford Wives." And it took the perfect boob to open the door- George W. Bush, the compassionate conservative who poisoned the Republican brand; caused conservatives to hide in embarrassment and shame; and allowed Obama to exist because of Bush's own incompetence, arrogance, reckless disregard for excessive government spending, and record-setting expansion of government. Now Obama is here to "rescue" us. Not that he's ever been in business?not that he's ever taken an economics class?not that he's ever created a job. But simply because Obama is the Anti-Bush, he now commands the American economy and the free world.

In response, we are all stepping off the cliff like lemmings?following a Pied Piper?falling to our deaths?destroying capitalism?giving up our freedoms?sacrificing our children's future?wrecking our economy?punishing the taxpayers?and rewarding those who failed in the capitalist system- who happen to support Obama.

Historian and political statesmen Alexis De Tocqueville's words have finally come true:
"The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money."

Some of us can still see what is happening. Some of us are willing to stand up to the bullies. Some of us are willing to still support capitalism. Some of us are willing to lead the loyal opposition. I'm Proud to call myself a Libertarian, Fiscal Conservative, Capitalist, Small Businessman, Home-School Dad, Citizen Politician, Son of a Butcher?and The ANTI-Obama.



Wayne Allyn Root was the 2008 Libertarian Vice Presidential candidate. His new book is released by John Wiley & Sons in May entitled, "The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts." He also happens to be Barack Obama's college classmate (Columbia University Class of '83). For more of his views, commentaries and to watch his many media interviews, please visit his web site at: [URL="http://www.ROOTforAmerica.com"]www.ROOTforAmerica.com[/URL]



Wayne on Fox Business (1/29/2009)

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Wayne on Fox Business (1/16/2009)

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Doc Mercer

EOG Master
Re: The Truth About The Obama Agenda

Does Root ever show anywhere besides FOX NEWS ?

If not ... his credibiltity is a tad bit weak
 

brucefan

EOG Dedicated
Re: The Truth About The Obama Agenda

Glenn Beck: The Road to American Socialism

Posted February 12th, 2009 by Michael Nystrom
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</EMBED>
 

Doc Mercer

EOG Master
Re: The Truth About The Obama Agenda

You were silent and cheered on Bush and now you are "concerned"???


:LMAO:LMAO:LMAO:LMAO:LMAO:LMAO:LMAO:LMAO:LMAO:LMAO
 

brucefan

EOG Dedicated
Re: The Truth About The Obama Agenda

MORE FROM WAYNE...

Root says, ?If you spent a million dollars a day since the day
Jesus was born until today, you still wouldn't be at $1 trillion.

"That's how expensive this stimulus plan is. We will bankrupt
America on pork, waste, handouts and bailouts.

"Forget 'Global warming,' Root says. "This is the real threat to
our children and grandchildren'<WBR>s future- debt."

Root's own economic stimulus plan will be the centerpiece of his
upcoming book (released in May by John Wiley & Sons).

Root favors a one year suspension of personal income taxes. He
calls it an "Income Tax Vacation."

Root explains, ?My plan rewards the people who create the
jobs and pay the taxes in the first place.

"It allows American taxpayers to keep their own money- and cut
out the middleman (the government).

"When taxpayers keep all their money for one year, the result
will be the greatest economic recovery of all time!

"My plan puts the money in the hands of its rightful owners- the
people that earned it, and the people that know how to use it.

"These are the people who know how to invest in stocks, real
estate, small business and the creation of jobs.

"It's time to save the group that truly is too big to fail- taxpayers,
business owners, and job creators. I want to let them keep their
own money for a year- without government getting involved.

"That will create jobs, new businesses, spur investment, and
prevent foreclosures.?

To his critics who say his idea is too expensive, Root says, ?If
we can afford $1 trillion for Obama's stimulus plan, we can
certainly afford the $1.3 trillion it costs to suspend income taxes.

Why can we hand out $9.7 trillion in bailouts and handouts to
fat-cats, corporations, banks, Wall Street brokerage houses,
auto companies, unions and people that don't pay any taxes,
but it's considered too expensive to give the people that
actually pay the taxes a one year vacation?

This is the CHANGE that Obama should have brought to
Washington. Instead he's bringing the same old 'big government,
tax and spend, punish successful Americans' policies that
have failed miserably so many times in the past.?
:cheers
 

brucefan

EOG Dedicated
Re: The Truth About The Obama Agenda

Wayne Root says, ?If you spent a million dollars a day since the day
Jesus was born until today, you still wouldn't be at $1 trillion.

"That's how expensive this stimulus plan is. We will bankrupt
America on pork, waste, handouts and bailouts.
"Forget 'Global warming,' Root says. "This is the real threat to
our children and grandchildren's future- debt."

Welcome to Obamaville

<HR style="COLOR: #d1d1e1" SIZE=1><!-- / icon and title --><!-- message --><!-- message -->
 

brucefan

EOG Dedicated
Re: The Truth About The Obama Agenda

Ladies and gentleman, our national anthem

ALL RISE


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gopherbob

EOG Dedicated
Re: The Truth About The Obama Agenda

brucefan is right, this is just a giant ploy to take money from wealthy hard working republicans and give it to poor lazy inner city african american males so they can drive to the suburbs and marry the republican's daughters.
 
Re: The Truth About The Obama Agenda

Also, making the population more dependent on the omnipotent state dishing out freebies is not "progressive", it's pathetic and very unhealthy.

Liberals are acolytes of Orwellian Newspeak. They believe that by changing the terms used to describe something, that they can change the nature of that thing or behavior.
 
Re: The Truth About The Obama Agenda

brucefan is right, this is just a giant ploy to take money from wealthy hard working republicans and give it to poor lazy inner city african american males so they can drive to the suburbs and marry the republican's daughters.

You've discovered the driving impetus of the Republican "Southern Strategy" first utilized by Nixon. . .
 

brucefan

EOG Dedicated
Re: The Truth About The Obama Agenda

[FONT=Georgia, Times New Roman, Times, serif][FONT=Georgia, Times New Roman, Times, serif][FONT=Times New Roman, Times, serif]We Need Our Heads Examined, Says Harvard[/FONT][/FONT][/FONT]

[FONT=Times New Roman, Times, serif]by Thomas E. Woods, Jr.[/FONT]
[FONT=Georgia, Times New Roman, Times, serif][FONT=Times New Roman, Times, serif]by Thomas E. Woods, Jr.[/FONT][/FONT]
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<!--/* End OpenX Javascript Tag v2.4.4 */-->[FONT=Times New Roman, Times, serif]Last weekend, Harvard University sponsored a conference called (I am not making this up) "The Free Market Mindset: History, Psychology, and Consequences." Its purpose was to try to figure out why, since everyone knows the current crisis amounts to a failure of the market economy, the stupid rubes continue to believe in it. The promotional literature for the conference opened with That Quotation from Alan Greenspan ? the one in which he suggested that there was, after all, a "flaw" in the free market he hadn?t noticed before.[/FONT]
[FONT=Times New Roman, Times, serif]Well, that does it, then! If our Soviet commissar in charge of money and interest rates says the free market doesn?t work, who are you to disagree?[/FONT]
[FONT=Times New Roman, Times, serif]The promotional material continues: "If the current state of the U.S. economy makes clear that former Federal Reserve Chairman Alan Greenspan's faith in free markets was misplaced, the question remains: what was it about free markets that proved ? and still continues to prove ? so alluring to economists, scholars, and policy-makers alike?" Because, of course, if there?s one guiding principle behind the largest government in world history, it?s free markets. Ahem.[/FONT]
[FONT=Times New Roman, Times, serif]This conference, we were told, "brings together leading scholars in law, economics, social psychology, and social cognition to present and discuss their research regarding the historical origins, psychological antecedents, and policy consequences of the free market mindset. Their work illustrates that the magic of the marketplace is partially an illusion based on faulty assumptions and outmoded approaches." The speakers then spent the day, I am sure, laying out their own faulty assumptions and outmoded approaches, and studiously ignoring the Austrian School of economics.[/FONT]
[FONT=Times New Roman, Times, serif]In short, the conference was about this: Why do people still think the interaction of free individuals is a superior economic system to one directed by Harvard Ph.D.s like us? I mean, apart from the failure of central planning in every case in which it?s been tried, a failure so staggering that only a blockhead could miss it, why would people cling to the idea that being herded into a collective run by the experts isn?t the best way to live?[/FONT]
[FONT=Times New Roman, Times, serif]So by assuming from the outset the very thing that needs to be proven ? namely, that the current state of the economy just occurred spontaneously, as the result of wicked market forces ? our betters relieve themselves of the need to consider that central banking, a government-established institution, just might have had, you know, a little something to do with what happened.[/FONT]
[FONT=Times New Roman, Times, serif]George Reisman has already demonstrated the absurdity of referring to our present system as a "free market" one. Naturally, of course, none of the participants bothered to notice that a Soviet commissar in charge of money and interest rates amounts to something like the opposite of the free market, or that the economic distortions he causes cannot, therefore, be the fault of the free market. This is exactly why, in my book Meltdown, I call the Fed "the elephant in the living room." We?re not supposed to notice it, and we?re supposed to pretend the damage it causes is the result of wildcat capitalism, unfettered free markets, or whatever other juvenile phrase is currently in vogue to describe the usual bogeyman.[/FONT]
[FONT=Times New Roman, Times, serif]Now I don?t want to list all the paper topics at this conference, since it?d be a shame to make all of you feel stupid for having frittered away your weekend when you could have listened to, say, Stephen Marglin?s paper on "How Thinking Like an Economist Undermines Community." Now there?s a topic I haven?t heard quite enough platitudes about. (If you must, you can view the whole schedule here.) You could also have heard a bunch of totally conventional polemics about how the market economy allows for "too much" pollution, when in fact a genuine free market ? which, I need hardly point out, is not actually considered in any of these alleged papers ? would punish polluters and bring about the internalization of so-called externalities. Murray Rothbard dealt with this matter in an extremely important article none of the participants had read. [/FONT]
[FONT=Times New Roman, Times, serif]I wonder if anyone at the conference asked questions like this:[/FONT]
[FONT=Times New Roman, Times, serif]When Greenspan flooded the economy with newly created money and brought interest rates down to destructively low levels, thereby distorting entrepreneurial calculation as well as consumers? home purchasing decisions, was that the fault of the free market? Do you think the Fed?s creation of cheap credit out of thin air makes market participants more careful or less careful in how they allocate borrowed funds?[/FONT]
[FONT=Times New Roman, Times, serif]When Alan Greenspan bailed out Long Term Capital Management in 1998, was that a "free market" phenomenon? Do you think he thereby encouraged more or less risk-taking among other major market actors?[/FONT]
[FONT=Times New Roman, Times, serif]The Financial Times spoke in 2000, in the wake of the dot-com boom, of an increasing concern that the so-called "Greenspan put" was injecting into the economy "a destructive tendency toward excessively risky investment supported by hopes that the Fed will help if things go bad." "All the insane dot-com investment we?ve seen, all this destruction of capital, all the crazy excesses of the past few years wouldn?t have happened without the easy credit accommodated by the Fed," added financial consultant Michael Belkin. Did the free market cause that?[/FONT]
[FONT=Times New Roman, Times, serif]Do lending standards decline for no particular reason, or could this phenomenon have a teensy weensy bit to do with (a) government regulation aimed at increasing "homeownership" and (b) loose monetary policy by the Fed? When the banks get the additional reserves the Fed creates, they naturally want to lend it out ? and in order to do so, they wind up lending it to people they either have or would have rejected previously. As I show in Meltdown, the phenomenon of lax lending standards in the wake of an inflationary boom by a central bank is traceable all the way to the nineteenth century. There is nothing even slightly unexpected ? or market-driven ? about it.[/FONT]
[FONT=Times New Roman, Times, serif]Questions like these could go on and on. Not one, you can be certain, was raised at this conference.[/FONT]
[FONT=Times New Roman, Times, serif]Now if you really wanted to sponsor an event whose purpose was to try to understand why people believe inane things that have been falsified by reality, you?d do much better to hold a conference on socialism, or on Keynes and his school. It would be fascinating to learn the psychological motivation behind the persistence of Keynesian economics, whose popular version is a non-falsifiable, ersatz religion. Is Japan?s economy still suffering? Why, that?s because Japan didn?t spend enough ? even though it spent so much that it became the most indebted country in the developed world. Have people spent so much that they?re now burdened with debt they can?t possibly repay? Then we need more spending. Is the economy a distorted mess after an artificial boom? Then instead of letting the economy restructure itself along sustainable lines, let?s instead "stimulate" the system just as it is, with the goal of bringing about more "consumption," more "labor" employed, and higher "income," without bothering to disaggregate any of these things and deciding what kinds of labor need to go where, what kinds of consumption are sustainable and what are figments of the bubble economy, or how the capital structure needs to be reassembled in order to cater to genuine consumer demand. In fact, let?s actually boast about neglecting capital theory altogether (as indeed Keynes did in a 1937 article in the Quarterly Journal of Economics).[/FONT]
[FONT=Times New Roman, Times, serif]Here?s another thought: given how many Keynesian economists predicted a return to depression conditions when World War II spending came to an end, and that what we instead got was the single most robust year the private economy has ever seen, isn?t it a little strange that not one of these economists went back and re-examined his premises?[/FONT]
[FONT=Times New Roman, Times, serif] On the other hand, consider the names Jim Grant, Peter Schiff, Ron Paul, and Jim Rogers. Apart from having predicted the current crisis ? unlike anyone at the Harvard conference and indeed unlike the paper-tiger economists they unsurprisingly preferred to spar with during their deep-thinking session last weekend ? one thing these men have in common is that they are all Austrian economists, they all believe in the Austrian theory of the business cycle, and they all pin the blame for the crisis on the Fed, a non-market institution. These men believe in the real free market, not the centrally planned market of Alan Greenspan, Ben Bernanke, and the Federal Reserve. And they saw a crisis coming at a time when everyone else was predicting new highs for the Dow and singing the praises of a world economy that was more robust than it had ever been.[/FONT]
[FONT=Times New Roman, Times, serif]Maybe that?s why people believe in market economics: unlike the Rube Goldberg models of their counterparts in the profession, the things Austrian economists write and say actually have some connection to the real world.[/FONT]
[FONT=Times New Roman, Times, serif]People who believe in the market economy support a social order in which free individuals make voluntary contracts with each other, and no one can initiate physical force against anyone else. Is that vision so obviously unattractive that we have to refer its supporters for psychological evaluation? We might instead wonder at the psychological condition of those who would denounce such a system: might they be motivated, for all their noble talk, by nothing but base envy of those with more material wealth than they, or by a pathological desire to dominate other people?[/FONT]
[FONT=Times New Roman, Times, serif]I?m sure that will be covered at next year?s conference.[/FONT]





[FONT=Times New Roman, Times, serif]March 12, 2009[/FONT]​
[FONT=Times New Roman, Times, serif]Thomas E. Woods, Jr. [send him mail] is senior fellow in American history at the Ludwig von Mises Institute. He is the author of nine books, including two New York Times bestsellers: The Politically Incorrect Guide to American History and the just-released Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse. Visit his new website.[/FONT]​
 

Doc Mercer

EOG Master
Re: The Truth About The Obama Agenda

These threads are a fuckin joke

How did the 8 yrs of aass raping by Bush run?

Stewart is right:

STFU
 

brucefan

EOG Dedicated
Re: The Truth About The Obama Agenda

The Audacity of Obama's Lies & Hypocrisy

<HR style="COLOR: #d1d1e1" SIZE=1><!-- / icon and title --><!-- message --><!-- message --><EMBED src=http://blip.tv/play/gsh+8896iq1R width=320 height=270 type=application/x-shockwave-flash allowfullscreen="true" allowscriptaccess="always"></EMBED>
 

brucefan

EOG Dedicated
Re: The Truth About The Obama Agenda

OBAMA'S WEAPONS OF MASS DISTRACTION


OBAMA'S WEAPONS OF MASS DISTRACTION
Wednesday, April 8, 2009, 08:31 AM
Russian leader accuses U.S. of abandoning capitalism!

EU leaders says we are headed down ?the road to hell.?

China loses faith in our dollar.

Obama tells jokes on Tonight Show and picks March Madness.

By Wayne Allyn Root, 2008 Libertarian Vice Presidential nominee

Obama has WMD's - Weapons of Mass Distraction. Haven't you noticed? He appears on the Tonight Show with Jay Leno (the first appearance by a sitting President in the history of the American Presidency). He tells jokes (some of them offensive) so that he can seem like just ?one of the guys.? He conducts Town Hall meetings so we believe that he cares about us- average, regular Americans. Of course he forgets to tell you is that while any ?regular Joe? can indeed submit a Town Hall question, Obama only picks the ones that he wants to answer. And each of the questioners appears to be a handpicked Democratic operative and loyal Obama supporter. He picks his own March Madness bracket winners (just like a ?regular guy? down at the bar or union hall). He instructs his buddies in the Democratic Congress to conduct hearings about the need for a BCS College Football national championship game. All of these distractions dominate the headlines while the economy melts down, banks fail, and the never-ending trillion dollar bailouts dig a deeper and deeper hole.

Most importantly, Obama and his cabinet distract your attention by incessantly demonizing and scapegoating corporate executives at companies like AIG, creating a boogieman for the average American to hate. It's ?us against them?- and Obama positions himself as one of us. His perfectly chosen rhetoric fires up the masses into a frenzy of hate. Obama creates a mob mentality so the average blue-collar American has someone to burn at the stake for our impending economic Armageddon.

And when the economic news gets even worse, what is Obama's answer? Change the topic. Make the distraction even louder. Take a trip overseas to address adoring crowds; conduct Town Hall meetings in France and Turkey; and make a visit to Iraq where our troops hug and kiss him. These are Obama's Weapons of Mass Distraction. It's all meant to distract you from seeing what's really happening (and what's really important).

Distraction is President Obama's greatest weapon against the truth. You see Obama can't afford to allow the average American to see what's really happening. Obama's economic plans are so dangerous and deadly to our future that socialist France is warning us that our spending is suicidal; The President of the European Union is scolding us; Russia's Vladimir Putin recently criticized America for abandoning the free markets; and China is suggesting a new world reserve currency. Get the hint? When Russia is lecturing us that we've abandoned capitalism, America is surely in deep trouble. When Europeans are lecturing us that Obama's out-of-control spending plans are leading us down ?the road to hell? (an exact quote), we are surely headed for insolvency. When China, who owns almost $2 trillion U.S. dollars, is suggesting a new world currency, it's a subtle hint that the Chinese realize that our dollar is headed for record lows as Obama prints unlimited dollars to pay for his reckless deficit spending. The writing is on the wall- but only if you listen to what smart people the world over are saying. Only if you ignore the adoring overflow crowds. Only if you ignore Obama's WMD's.

So what are the leaders of France, the EU, China and Russia clearly seeing that we aren't? The real storyline is frightening. Obama is destroying capitalism; orchestrating a government takeover of free enterprise; redistributing wealth from those that pay the taxes and create jobs to those that produce little or nothing and expect handouts from government from cradle to grave; expanding the baseline spending of government to unsustainable levels; hiring millions of new government employees and giving them guaranteed jobs and bloated salaries, pensions and health care for life- all in the name of electing and re-electing liberal Democratic politicians; building up so much debt and printing so much money that your life savings are eroding away to nothing, while your children and grandchildren will end up enslaved to big government for the rest of their lives and condemned to an inferior standard of living. Worst of all, virtually every ?solution? Obama plans to save our economy is unconstitutional. But that's just a small, inconvenient detail for a man that knows how to use Weapons of Mass Distraction.

Obama's favorite little trick is to ask the American people for ?sacrifice?- making us all feel guilty by tying sacrifice to patriotism. But Obama's voters (the poor, entitlement junkies, union members, government employees) aren't asked to sacrifice a thing. As a matter of fact, Obama is handing out record amounts of government money to them. Obama is perfectly willing to bankrupt America for generations to come and wipe out small business owners with high taxes in order to keep his voters happy, bribed and distracted. And while they are distracted, Obama will pass Cap and Trade legislation that will triple electric bills and raise gasoline back to $4.00 per gallon or higher, all the while making his biggest contributors, who have invested in green technology and politically correct companies, a once-in-a-lifetime windfall. Once the reality hits, and consumers start to notice their utility and gas bills have doubled and tripled, Obama will then shift the blame to greedy capitalists and corporate executives. The script has already been written, all Obama has to do is keep reading it.

All of this is being orchestrated by Obama's hand-picked team- the most arrogant and corrupt bunch of criminals and tax cheats ever seen in Washington D.C. (and that's really saying something). Those are the things he doesn't want you to see. So he distracts you with his WMD magic act. Obama can't afford to let you figure out that his friends in government not only caused this entire economic crisis, they actually benefited from it, so he has thrown up a smokescreen blaming Wall Street and ?greedy corporate executives.? Obama forgets to mention that it was liberal Democrat politicians under Clinton who pushed for the Community Reinvestment Act, a law that forced banks to make loans to people who couldn't afford them. Obama forgets to mention that his organization ACORN carried out the scheme to perfection by intimidating and suing bankers who didn't cooperate by loaning billions of dollars to minority and low income Americans. He forgets to mention that it was liberal Democratic politicians like Senator Chris Dodd and Congressman Barney Frank who oversaw the very companies and programs that led to this economic crisis - despite the most glaring conflicts of interest imaginable.

Congressman Barney Frank was DATING a Fannie Mae executive who ran the program that helped to bankrupt the company (and the country). Chris Dodd is even worse because his own wife worked for AIG and got big, fat checks from them, all while Chris was getting sweetheart mortgage deals from Countrywide. Meanwhile, both Frank and Dodd were getting huge campaign contributions from the very firms and industries they were overseeing on behalf of the American people. Somehow, like Sgt. Schultz on ?Hogan's Heroes,? they both saw nothing. Worse, they both defended and protected AIG and Fannie Mae/Freddie Mac from further regulation and increased oversight. They should both be in prison.

But it gets worse. Obama's Chief of Staff Rahm Emanuel was on the Board of Directors of Freddie Mac during the scandal and made $325,000 in one year. Obama's chief economic advisor Lawrence Summers made almost $3 million in speaking and consulting fees from Wall Street companies that received billions in bailout funds. Obama's chief economic advisor during his Presidential campaign was Franklin Raines, the CEO of Fannie Mae. Obama himself was the third-highest recipient of campaign contributions from Fannie Mae in the past 20 years (and he was only in the Senate since 2004). Are you starting to smell the rotting fish? Are you starting to understand why Obama must distract you from the real storyline? Are you starting to understand why Obama is so desperate to get you to hate the executives at these corporations? If he doesn't get you to blame the greedy, rich executives, you might notice who's really to blame.

If Obama doesn't distract you, you might notice a new FBI report that shows how corrupt government is. The FBI conducted an undercover investigation and found that thousands of government employees across the USA are corrupt and guilty of criminal activities. What a surprise. But if you noticed that, you might question why Obama wants to hire millions of new government employees and transform the U.S. economy from a private sector success where 75% of all new jobs are created by small business, to a stagnant, socialist, public sector economy where everything revolves around government.

Without the distractions, you might notice Obama's new laws (many unconstitutional) that give amazing new powers to government- allowing him and his cronies to run American business, decide what executives are hired and fired, and what salaries are ?reasonable? or ?allowed.? You might notice that we are putting our entire economy in the hands of government employees- people that often either failed in the private sector, or couldn't get a job in the private sector. You might notice that Obama and his government cronies have never started or run a successful business, and never created a job. You might notice that we are letting corrupt government bureaucrats give orders and make all the decisions for business- something that has never worked anywhere, at any time, in world history (see Cuba, the former Soviet Union, Latin America).

Obama couldn't allow you to notice those things, could he? So he trots out the circus: he puts on the big smile, tells jokes on the Tonight Show, jokes about pot during Town Hall meetings, and publicly offers his March Madness picks. The Obama publicity machine makes sure his wife Michelle's designer wardrobe is the main topic on the cover of People and Us. And here's the oldest trick in the book- they find a rich greedy Wall Street executive to scapegoat. Anything to make sure that the public is not focused on Chris Dodd, or Barney Frank, or Rahm Emanuel, or clueless Treasury Secretary Tim Geithner, or Larry Summers, or the massive bailouts, who got them, how much they got, and who got them because of campaign contributions to Obama. Weapons of Mass Distraction are the only way to go.

Now to the topic of taxes. Obama wants to raise them considerably- but only on ?the rich.? What he doesn't want you to see is that he and his rich connected friends don't pay those taxes. Tim Geithner cheated on his taxes- yet Obama made him Treasury Secretary. How did he get confirmed? WMD. Obama distracted Congress by scaring the American people. He frightened us all by claiming that the entire American economy hung in the balance if Geithner wasn't confirmed. Obama forgot to mention that Geithner was in charge of the New York Federal Reserve when all of this happened in the first place. He was THE oversight guy in government when Wall Street was about to explode; yet somehow he never noticed a thing. Now Obama says we can't survive without him. Geithner has to save us from the very thing he let happen (and never saw coming). Confusing, isn't it?

But let's not single out poor Tim Geithner. It seems that half of Obama's cabinet picks didn't pay their taxes. Tom Daschle, Hilda Solis, Ron Kirk, Nancy Killefer. Gosh, if Obama keeps appointing tax cheats, we might find enough money to close our massive budget deficit.

Don't forget New Mexico Governor Bill Richardson. He was supposed to serve as Commerce Secretary. He didn't cheat on his taxes; he's just under a garden-variety political fraud investigation. Then there's Charles Rangel, the leading Democrat in Congress who decides tax policy for the good 'ole USA- it turns out he cheated on his taxes and Congressional disclosure forms. If you or I did that we'd be in jail. Not Rangel. He still heads the powerful Ways and Means Committee, where he is in charge of raising taxes on the rest of us. It's pretty obvious why Obama must distract us from all of this. Without the distractions and smiling and jokes and Town Hall meetings, and March Madness picks, the American public might wake up and realize that our government is run by a group of thieves, frauds, and tax cheats, only in enriching themselves. Without the distractions, the mob might be standing outside the White House with pitchforks right about now.

Without Obama's weapons of mass distraction, Americans might notice that our deficit is 4 times higher than in the worst year under Bush; that our national debt will triple under Obama (by his own projections); that our first Obama budget is bigger than all other budgets in U.S. history COMBINED from George Washington to George W. Bush. Without all these distractions, Americans might notice that our estimated national debt of $10 trillion does not include $10 trillion in bailouts- much of which we'll never get back. They might notice that the out-of-control Federal Reserve refuses to disclose where all this taxpayer money went. Without all these distractions, Americans might notice that our estimated national debt of $10 trillion does not include as much as $52 trillion in unfunded liabilities for Social Security and Medicare (?unfunded? means we have no idea where we're getting the money to pay the bills).

Without the distractions, the public might notice that our government is bankrupt and printing money at a record pace, surely leading soon to the kind of massive inflation usually only seen in a banana republic. Without distractions, the American public might notice that we are on the way (economically) to becoming Zimbabwe (the Big 3 factors that characterize Zimbabwe are out of control spending, massive inflation, and corrupt government).

But here's the most important thing that Obama must distract Americans from noticing- as my good friend and economic advisor Kip Herraige points out: our largest bank Citibank is now for all intensive purposes insolvent, owned by taxpayers, and controlled by the government; the same is true for at least 2 of our 3 largest automakers (if not soon to be all 3); the same is true for our largest mortgage companies Fannie Mae and Freddie Mac; the same is true for our largest insurance company AIG. All of this was unimaginable only months ago. Smart people can only imagine where it will all lead. Russia knows. China knows. France knows. The head of the EU knows. They all see the writing on the wall. Hint: the story does not end well.

Obama cannot afford to have you notice that our economy is in ruins; our government spending is unsustainable and leading us (as our European friends say) ?down the road to hell.? Obama cannot afford for you to notice that both his GDP (revenue) and tax projections are better described as ?fairy tales? than credible projections, therefore leading to budget deficits and national debt levels far higher than he has projected. This will lead our country down the road to the unthinkable: DEFAULT. That's what the EU leader meant by ?the road to hell.?

Obama can't afford for you to notice that we have over $5 trillion of unfunded liabilities for federal government employees (and even more for state and local government employees); yet his solution to ?save? the economy is to hire millions of new government employees. Obama can't afford for you to notice that his friends helped cause this crisis; or that his friends benefited from this crisis; or that his bailouts lack transparency or accountability (we don't know where the money is going, or if it will ever end).

Obama can't afford for you to know that it's going to get much worse, simply because the federal government screws up EVERYTHING it touches, and he's now put the federal government in charge of Wall Street and the biggest companies in America. Obama only knows one way to run things- put big unions and big government in charge. Someone should point out to him that experiment has already been done- it is called France. The experiment didn't work out too well. While the French (and EU) economy was stagnant for the past 25 years, American free market capitalism has created unimaginable wealth and 40 million new jobs.

Meanwhile teacher unions have destroyed our public school system, wasting billions of dollars, and producing horrific results (only to demand more money without fixing the underlying problems)?while auto unions have destroyed the U.S. auto industry, the city of Detroit, and the state of Michigan in one foul swoop. It is an understatement to report that the union experiment did not work out quite as well (in either America or France) as capitalism. This is the future Obama has planned for all of us, as he puts government bureaucrats, lawyers, and unions in charge of the American economy. Obama's plan will turn America into one big Detroit. God help us all.

My advice to investors: Don't be fooled by Obama's WMD's. Look for the Dow in the range of 3000 to 4000. Look for record-setting inflation by 2011. Look for gold in the range of $2000 or higher. And buy gold bullion and gold coins- by the barrel.

But let's look at the bright side: it certainly will be amusing when the day comes that Putin calls Obama a communist. That day is coming soon.


Wayne Allyn Root was the 2008 Libertarian Vice Presidential candidate. His new book will be released by John Wiley & Sons this Spring entitled, ?The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts.? The book is available for pre-sale at Amazon.com. For more of Wayne's views, commentaries, or to watch his many media interviews, please visit his web site at: www.ROOTforAmerica.com





 

scrimmage

What you contemplate you imitate
Re: The Truth About The Obama Agenda

RonPaul:
Neoconservatives backing Obama's Foreign policy

By Stephen C. Webster
Raw Story
Thursday, April 9, 2009
From:
http://www.prisonplanet.com/ron-paul-neoconservatives-backing-obamas-foreign-policy.html

Art credit: Sexy Propaganda

In a little noticed editorial yesterday, Texas Republican Congressman Ron Paul fired a shot across the bow of every progressive activist in the U.S., a great many of whom are supporters of President Barack Obama.

Oh, you didn?t hear about this? I couldn?t be any less surprised.
Published to the Campaign for Liberty Web site, the editorial takes up a favored issue for liberty-leaning Republicans: the Budget. Congressman Paul?s message on money is quite unlike any of his Republican colleagues and quite the opposite of the Obama administration?s. Naturally, he predicts unprecedented spending will trigger dire consequences.
But that?s nothing exactly new from Paul, per se. What caught my eye was paragraph three, which reads:
Some may notice that the neo-conservatives who masterminded the policy of global interventions are not complaining about the level of military and foreign spending. This is because rather than drawing down our costly interventions, Obama is largely staying the course on these issues. In fact, this week a group of leading neoconservatives met to discuss how best to support the President on foreign policy! I am disappointed and concerned that, in spite of a change in leadership, we will remain the policeman of the world, placing ourselves at grave danger in many ways.

Paul, who has always struck me as one of the few genuine, honest politicians out there, has a gigantic following. In a sense, he represents many, many more people than just members of his district. He?s like the Republican Dennis Kucinich, calling for a return to principles and his party?s original grand ideas.

And he?s got a lot of friends on the Left: people who otherwise fundamentally disagree with Libertarian philosophies of governing, but nonetheless recognize the obvious truths littered throughout his every speech. For crying out loud, HBO?s most favored liberal, none other than Bill Maher,absolutely loves the guy. And from what I?ve gathered in my time as an associate editor for Raw Story, so do many of you guys.
Now, it?s your turn to sound off. I want to hear it from you on two points ?
1.) Does Obama really represent change? And?2.) Is Ron Paul right?

go go ronny go Says:
<SMALL class=commentmetadata>April 9th, 2009 at 5:29 am</SMALL>
It is quite telling how the media will abruptly CUT OFF RON as he speaks on the destruction of the constitution, like he?s insane or something. So, just this one action of cutting him short will cause many to inquire further about him and what he says. And maybe those inquiring minds will give more thought to the CONSTITUTION rather than allowing it to become TOILET PAPER for the ELITES

nader paul kucinich gravel Says:
<SMALL class=commentmetadata>April 9th, 2009 at 7:21 am</SMALL>
Just ask yourself how & why Neocons could still be calling the shots for Obama?!
It won?t take long to find the answer ~

PALPATINE Says:
<SMALL class=commentmetadata>April 9th, 2009 at 9:46 am</SMALL>
Obama is nothing more than a tool of the banking elite. Ron Paul is right and should be our commander in chief. I DONT SEE ANY FUCKING CHANGES. Obama says one thing and does the other. of course all of you reading this know that, but the majority of America/theworld doesnt.

Patrick Henry Says:
<SMALL class=commentmetadata>April 9th, 2009 at 12:25 pm</SMALL>
Yes he represents change. He is dangerously accelerating every agenda that the neo-con, bank syndicate has been pushing aggresively the last 25 years. He has a smile on his face when he puts the knife in your back which is much different than the last eight years. Oh you meant POSITIVE change, well no then. Dr. Paul is one of the last courageous, daring, patriotic leaders in America and all of us would be well served to make Dr. Paul?s name and ideas household knowledge.

 

brucefan

EOG Dedicated
Re: The Truth About The Obama Agenda

INCASE YOU WERE NOT SURE ABOUT THE OBAMA AGENDA

The Coming Inflation HURRICANE! (Now in handy Chart Form)

<HR style="COLOR: #a93c3c; BACKGROUND-COLOR: #a93c3c" SIZE=1><!-- / icon and title --><!-- message -->http://www.cbsnews.com/blogs/2009/04...y4958555.shtml

<TABLE cellSpacing=0 cellPadding=5 width="100%" border=0><TBODY><TR><TD class=alt2 style="BORDER-RIGHT: 1px inset; BORDER-TOP: 1px inset; BORDER-LEFT: 1px inset; BORDER-BOTTOM: 1px inset"></TD></TR></TBODY></TABLE>


Quote:
<TABLE cellSpacing=0 cellPadding=5 width="100%" border=0><TBODY><TR><TD class=alt2 style="BORDER-RIGHT: 1px inset; BORDER-TOP: 1px inset; BORDER-LEFT: 1px inset; BORDER-BOTTOM: 1px inset">That means the federal response to today's modest slide in GDP is 12 times greater than the the response to the far greater downturn during the Great Depression. How's that for putting things in perspective? </TD></TR></TBODY></TABLE>


 

brucefan

EOG Dedicated
Re: The Truth About The Obama Agenda

WELCOME TO THUG CAPITALISM:
Monday, May 4, 2009, 11:23 AM

How Obama Conducted a Mafia-Style Shakedown and Stole Chrysler From Secured Lenders and Handed the Stolen Goods to the Auto Unions.

By Wayne Allyn Root, 2008 Libertarian Vice Presidential nominee

I've been arguing for 2 years now that Barack Obama and his anti-capitalism, pro-union friends want to change the way America does business. I've stated out loud on numerous occasions that their goal is to destroy (or certainly badly damage) capitalism and tilt the playing field in favor of socialism. I've argued that Obama is trying to turn the U.S. economy into FRANCE- a country dominated by big government and big unions. Well I wish I were wrong, but my worst fears were realized last week when Obama literally stole the ownership of Chrysler from capitalist investors and risk-takers, and handed the stolen property to the auto worker unions that supported him in the recent Presidential election. It was a shakedown that would make John Gotti or the leaders of the Crips and Bloods proud.

Obama is my Columbia University Class of '83 classmate. As such, I can tell you that the vast majority of my classmates at Columbia University disdained capitalism and capitalists. Worse, Obama went on to become a law student, law professor and lawyer (as well as a ?community activist? ie professional protestor). Lawyers are the natural enemies of business- they don't create jobs. To the contrary, they sue the courageous capitalist job creators and risk-takers, thereby destroying jobs. With a natural disdain of business, Obama has spent the past 25 years since our college graduation attacking and suing business, as well as teaching others how to do the same. He has never in his life started a business, funded a business, risked his money on a business, or created a single job. Now we've elected him to run the entire American economy. As a man with zero business experience, a natural disdain of capitalism, and now drunk with power, Obama has decided to abandon the rule of law and conduct a hostile takeover of American business. Frightening.

Here is what happened at the Chrysler negotiations last week. Plain and simple, Obama conducted a Mafia-style shakedown. He went to SECURED creditors who risked $6.9 Billion of their risk capital on saving Chrysler, and who rightly owned a large majority of the company, and told them their secured interest was no longer secured. Obama put a gun to their heads and told these capitalist risk-takers to accept a 86% markdown of their secured holdings in Chrysler. Next he proceeded to hand a vastly larger 55% ownership to the Auto Workers Union, which was unsecured, last on the totem pole of creditors, and therefore likely to receive little or nothing in the event of a business failure. Obama, the mafia don, decided to throw the rule of law out and shakedown the wealthy capitalists he so disdains. He told secured creditors (capitalists who happen to usually support Republicans and fiscally conservative candidates), owed $6.9 billion, that their ownership was worth pennies on the dollar, while he handed (out of the blue) majority ownership to unsecured auto workers (who happened to support Obama's Presidential campaign with millions of dollars in contributions and man-hours). He capped off the shakedown by allegedly threatening to use the White House Press Corp. to destroy the reputation of the creditors. John Gotti would be proud.

I've been in business my entire adult life. I've raised money, risked money and borrowed money on countless occasions. The rule of law is simple: whoever risks their cold, hard cash always has priority over all other creditors. Those with skin in the game are always in the drivers seat. My creativity, tenacity, organization skills, motivation skills, and thousands of hours of work always stand in line behind those who put their money at risk. Risk talks, all the rest walks. That's how capitalism works. PERIOD.

That's the rule of business?and the rule of law. Now, along comes Obama to change the rules. When a man disdains capitalism and capitalist risk-takers, suddenly the rules are out the window. Suddenly those who put up the capital, those who shoulder the majority of the risk, are no longer first in line if the business fails. Obama made it abundantly clear last week in the Chrysler negotiations that the rule of law has been replaced by the rule of street thugs and shakedown artists. Obama's plan simply ignored the secured first-in-line creditors and risk-takers, gave them pennies on the dollar, and rewarded (paid-off) the auto unions with a majority interest for risking nothing. Then he turned around and blamed the capitalists for being selfish, and unwilling to sacrifice.

Where is the sacrifice of the auto unions? Sacrifice? Obama just pulled off the biggest taxpayer and capitalist rip-off in history. Taxpayer money, and investor's money just got ?crammed down? to almost nothing, to make room for majority ownership for Obama's friends at the auto unions. Of course he and his political allies will receive HUGE kickbacks in campaign contributions in the future for his thuggery.

This is a political payoff- pure and simple. It is a shakedown of epic proportions. The bankruptcy judge and courts should, of course, absolutely reject Obama's shakedown tactics and follow the rule of law. Unfortunately, with an administration that has clearly shown itself willing to operate on an intimidation, thug, and mafia level, I have no confidence that will happen. But the fair outcome to uphold the rule of law, is that the people involved in this political shakedown and theft should all be sent to prison for extortion, fraud and grand theft (just as the mafia would be for taking the same actions).

One of the biggest problems with politicians like Obama who have a total lack of understanding about business, economics and the world economy is that they do not see the unexpected consequences of their short-term political payoffs. In this case, it is none other than the destruction of capitalism and the American economy.

Since Obama took office the mantra we have heard is the need to get credit and capital flowing again. Our children's and grandchildren's futures have been mortgaged with the trillions of dollars that Obama has spent to accomplish that goal. Now, in one fell swoop of audacious ignorance for the sake of political payoffs, Obama has slammed shut the spigot of capital flow to American business. As has been made clear over the past months, foreigners control much of our capital. But, because we are a land of laws, including the law that those who provide the capital stand first in line to get it back if the business venture should fail, they have readily invested this capital in American businesses. NO MORE! Obama has just thrown that out the window and the ripple effects will be rapid and devastating.

In a global economy it is as easy to invest in a business in Europe, China, or Brazil as it is in the United States. Given the fact that President Obama now says your secured capital can be stolen from you, why would anyone (foreigners or Americans) any longer invest in American business? Obama has just made it far harder, if not impossible, to get any capitalist investor or risk-taker anywhere in the world to invest in any American business. Perhaps President Obama really hates capitalism and capitalists. Or perhaps he just doesn't understand it all. Either way, his actions have caused great damage to the American economy.

Is there a way to undo the damage? Yes. Voters can elect candidates who understand business; understand the long-term consequences of their actions; support and reward capitalism; encourage free markets without government interference, manipulation or extortion; value the rule of law; and don't support government making payoffs to political supporters.

As I close, I have a few important question for you President Obama- Without capitalism or capitalists willing to take risks, who is going to pay the bills for all your out-of-control spending plans and welfare programs disguised as ?tax cuts? (for people who don't pay taxes)? Who is going to pay for your dramatically increased handouts and entitlements? Who is going to pay for your next round of bailouts? Who is going to pay for your next round of economic stimulus? I'm afraid you've got a huge problem President Obama. I'm afraid you have budget and revenue projections that you can throw out the window. I'm afraid you have tax revenue projections that are now closer to fairy tales than reality. I'm afraid you now have deficits the size of which no one has ever dared imagine in world history. Here's the moral to the story for my socialist college classmate: Be careful what you wish for, it may come true.


Wayne Allyn Root was the 2008 Libertarian Vice Presidential candidate. His new book will be released by John Wiley & Sons this July entitled, ?The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts.? The book is available for pre-sale at Amazon.com. For more of Wayne's views, commentaries, or to watch his many media interviews, please visit his web site at: www.ROOTforAmerica.com
 

brucefan

EOG Dedicated
Re: The Truth About The Obama Agenda

May 19, 2009

<TABLE width="95%" border=0><TBODY><TR><TD align=left width="80%">Obama to Government Motors: "Let's Roll"
By Karen DeCoster
</TD><TD align=right></TD></TR></TBODY></TABLE>
The last remnants of the American free-market system are experiencing a quick death by strangulation. Perhaps the most disturbing casualties of government intervention are General Motors and Chrysler, two disgraced automakers that have gone from private ownership to the public trough virtually overnight. The U.S. government has effectively seized a financial stake in each company while placing both of them into receivership - without any constitutional authority to commence such actions.
The takeovers, which have occurred at breakneck speed, are alarming. A defining characteristic of economic fascism is the control of private property and business through a government-business "partnership". This public-private alliance, while permitting private business ownership, is an arrangement that allows government to control and plan private industry. The schemers in Washington, D.C. are rolling out planned capitalism, or soft fascism, at an unprecedented pace.
One of the more disturbing actions on the part of the Washington establishment has been the blatant disregard for property and contract rights. First, consider the case of Chrysler. The government, while coming to the aid of a dying Chrysler, lobbed offers to its lenders, the bondholders. A group of dissident bondholders spurned the government's offer that would have given them a minuscule stake in the company while the UAW received a majority ownership position.
In response, the Administration denounced the bondholders, publicly proclaiming their obligation to "sacrifice" and referring to them as "vultures" because they insisted on maintaining their rights as senior creditors. Chrysler's bondholders are, by law, secured creditors, and they hold a senior ranking above unsecured creditors and shareholders in a bankruptcy or reorganization. Yet they were vilified and bullied for refusing to agree to a shoddy deal. Some of the holdout bondholders finally did buckle; they dropped their legal challenge and agreed to the government's lowball offer, but only because they were strong-armed by Washington's bully tactics. Thomas Lauria, the attorney representing the group, stated that his clients weren't able to "withstand the enormous pressure and machinery of the US government." Thus, the senior creditors were plundered while ownership was redistributed to the UAW, whose members are junior creditors. This makes a mockery of U.S. securities law.
The bailout and ensuing appropriation of General Motors is no less tragic. The current restructuring plan calls for the U.S. Treasury Department to have controlling interest in General Motors, which amounts to absolute nationalization. At GM's headquarters in Detroit, there is a cluster of bureaucrats from the government's task force telling GM how to run its business. The task force, assembled by the White House, has the power to exercise significant control over product decisions. According to a GM news release, the Treasury Department has the power to elect all of GM's directors and control the vote on matters brought before the stockholders. Additionally, the bondholders who have traditionally funded the company are being offered a paltry piece of equity for their trouble - another major blow against the sanctity of contract.
Furthermore, the White House fired General Motors Chairman and CEO Rick Wagoner. When the Executive Branch intervenes in a private business and ousts management, bailout or not, it is a staggering violation of the American ideal of free enterprise. This sets a precedent for unlimited government trampling over the private sector. On March 30th, Obama said, "Let me be clear. The United States government has no interest in running GM. We have no intention of running GM." If that's the case - and we know it's not - then why scoop up majority ownership?
The revolving door between Wall Street and the bowels of Washington is getting a workout. The guys from Wall Street run the government, and the guys from the government run Wall Street. Now, the guys from Wall Street, especially Goldman Sachs, who have taken over the Treasury Department, are taking over control of the domestic auto industry. You know what happened when the Goldman Sachs guys tried to run their own company. Did I miss the part in the Constitution that gives Treasury the ability to empower its hacks to run a private industry?
The GM and Chrysler takeovers are orchestrated political restructurings aimed at serving the larger interests of the U.S. government. The apparatchiks on the Potomac acquire the authority to coordinate production in a manner that compliments their political and social agenda. The White House has not been shy about its ambitions for green policy and the future of American-made automobiles. With this coup, the feds have wrapped their tentacles around the auto industry, and they will use it to ram their green-socialist agenda down our throats.
Moreover, the Obama regime already announced that it is buying 17,600 green vehicles (hybrid sedans) from Detroit's Big Three by June 1, using $285 million from the $787 billion stimulus bill. Representative Sander Levin, a Democrat from Michigan, stated, "The federal government's purchase of thousands of hybrids and other fuel-efficient vehicles from the Big Three shows that our domestic auto industry will weather this current crisis and build the cars of the future." But certainly, it shows nothing. If the car companies were capable of building the cars of the future that consumers want to buy, no bailout would be needed, and the government would not have to place its own enormous order for automobiles in order to keep the assembly lines moving and inventory lots turning over. The only thing the mega-purchase "shows" is Detroit's inability to sell its automobiles competitively in the free market, thereby leaving the government to spend taxpayers' money on goods they have refused to buy on their own.
Another abomination is the use of taxpayer dollars, on the part of the political establishment, to grant preferential treatment to one group of constituents - the labor unions - at the expense of each company's creditors, the bondholders. Not only is this an illicit use of the executive office for political pandering, it's a deliberate redistribution of wealth. It's also a handsome payoff to the loyal unions, who have long supported the Democratic Party.
As the Chrysler resuscitation continues and GM morphs into Government Motors, we can expect that the government will prepare to churn out its environmentally correct greenmobiles that the market has rejected over and over again. Freedom, choice, and capitalism will pay a dear price because a group of government bureaucrats, on the receiving end of political favors, will centrally plan a major sector of the U.S. economy and foist a prescribed lifestyle upon American consumers.
The funeral bell is ringing a reminder of capitalism's mortality. And I won't dare touch on what happens if our liberty is allowed to perish.

Karen DeCoster, CPA, has an MA in Economics and works in the financial services industry in Detroit. She has written for an assortment of publications and organizations, including LewRockwell.com and Taki's Magazine. Her website is karendecoster.com.
 

brucefan

EOG Dedicated
Re: The Truth About The Obama Agenda

http://www.heritage.org/Research/Economy/wm2454.cfm


Shocking huh


May 21, 2009
The Results Are In: Stimulus Bill Neither Timely Nor Targeted
by Patrick Tyrrell
WebMemo #2454
<TABLE class=CS_Layout_Table id=idLayout2 cellSpacing=0 cellPadding=5 width="100%" summary=""><TBODY><TR class=CS_Layout_TR><TD class=CS_Layout_TD id=idCell2x1x1>Before the passage of the American Recovery and Reinvestment Act of 2009 (also known as the "stimulus bill"), President Obama and his chief economic advisor, Larry Summers, stressed that the government's response to the economic crisis needed to be "timely, targeted, and temporary." As predicted by a Heritage Foundation analyst,[1] the bill is neither timely nor targeted. Only time will tell if it is temporary.
Not Timely
Government agencies have spent only a tiny fraction of money planned to be spent in fiscal years 2009 and 2010. Moreover, agencies have not allocated most of the money that has been directed toward them for any named projects.
As of May 8, less than 8 percent of the spending scheduled for fiscal years '09 and '10 has taken place.[2] That 8 percent ($37 billion) had been spent almost entirely on Health and Human Services until the week of May 1, when $12 billion was spent in one week by the Department of Labor. Before the week of May 1, just 3.3 percent of scheduled '09 and '10 spending had occurred.
Of the $461 billion called for to be spent by the stimulus bill before the end of fiscal year 2010, just $37 billion has been doled out. Of that, $16 billion has been spent by the Health and Human Services department, $12 billion has been spent by the Department of Labor, and $6 billion has been issued in one-time payments to Social Security recipients. All of the other agencies combined have spent a total of $2.6 billion as of May 8.
Not Targeted
Fiscal year 2010 ends September 30, 2010, but the recession could end sooner than that. Indeed, a majority of economists surveyed in April predicted the recession will end in 2009.[3] Fed chairman Ben Bernanke also thinks the recession will end this year. The stimulus bill threatens to miss the very target it was meant to address.
Spending to fight an already-ended recession is unnecessary and wasteful. More diffusely, the specific spending programs targeted to fight the recession have mostly not been named.
Of the $461 billion of the stimulus bill the President's budget blueprint says will be spent in fiscal years 2009 and 2010, just $102 billion has even been targeted for specific outlays by government agencies. Once again, a large amount of this sum is allocated by the Health and Human Services Department. Several agencies (such as the Agency for International Development, NASA, and the National Science Foundation) have yet to say how any of the billions of dollars granted to them by the act will be spent. Just 22 percent of the fiscal years 2009 and 2010 stimulus spending has been planned by government agencies.[4]
The New Keynesianism
The new Keynesian philosophy fashionable among Washington policymakers is that government spending can pull an economy out of recession--that government spending "injects" new demand into the economy, thereby increasing GDP.
But every dollar Congress injects into the economy must first be taxed or borrowed out of the economy. Rather than add new demand, government spending merely redistributes existing demand. Even transferring money from savers to spenders will not add new demand, because nearly all savings are banked or invested and then quickly made available for someone else to spend. Simply put, Congress cannot create new demand out of thin air, and this explains the repeated failure of Keynesian policies.
People Will Spend It Better
Congress should:
  • Call back unspent funds when it is clear the recession has waned, or
  • Call them back immediately and budget the unspent money for across-the-board tax cuts.
The former would be fiscally responsible, while the latter would be more effective at fighting the recession than continuing to wait for agencies to decide what to do with the money. Private citizens will spend the money more wisely, or in the case of some, save it. This would be better than having the money go to government overhead and squandering it on more unneeded programs that burn through the wealth of America's children.
Patrick Tyrrell is a Research Coordinator in the Center for Data Analysis at The Heritage Foundation.

<HR align=left width="33%" SIZE=1>[1]Ronald D. Utt, "Stimulus Plan's Delayed Job Creation: Some Won't Get Jobs Until 2012 or Later," Heritage Foundation WebMemo No. 2325, March 4, 2009, at http://www.heritage.org/transportation/wm2325.cfm.

[2]White House Office of Management and Budget, A New Era of Responsibility: Renewing America's Promise (Washington, D.C.: Government Printing Office, 2009) at http://www.whitehouse.gov/omb/assets/fy2010
_new_era/A_New_Era_of_Responsibility2.pdf
(April 29, 2009); Recovery.gov, "Investments by Agency," at http://www.recovery.gov/?q=content
/investments-agency
(April 21, 2009); Douglas W. Elmendorf, director of the Congressional Budget Office, letter to Hon. Nancy Pelosi, at http://www.cbo.gov/ftpdocs/99xx/doc9989/hr1conference.pdf (April 21, 2009), and The Heritage Foundation calculations.


[3]Phil Izzo, "Economists See Rebound in September," The Wall Street Journal, April 9, 2009, at http://online.wsj.com/article/SB1239213404
72201877.html
(April 21, 2009).





</TD></TR></TBODY></TABLE>
 
Re: The Truth About The Obama Agenda

This Obama agenda isn't about saving the American economy. Rather it is about putting Big Brother in control of our lives. It's about the Nanny State- big government intrusion into every aspect of our lives, in order to "protect" us. It's about destroying capitalism and tearing down the U.S. economy to build a new economic system based on rewarding the "right kind" of Americans- those who support Obama and his agenda.

Bruce -- You are a god damn genius !!!
 

brucefan

EOG Dedicated
Re: The Truth About The Obama Agenda

OBAMA'S WEAPONS OF MASS DISTRACTION


OBAMA'S WEAPONS OF MASS DISTRACTION
Wednesday, April 8, 2009, 08:31 AM
Russian leader accuses U.S. of abandoning capitalism!

EU leaders says we are headed down ?the road to hell.?

China loses faith in our dollar.

Obama tells jokes on Tonight Show and picks March Madness.

By Wayne Allyn Root, 2008 Libertarian Vice Presidential nominee

Obama has WMD's - Weapons of Mass Distraction. Haven't you noticed? He appears on the Tonight Show with Jay Leno (the first appearance by a sitting President in the history of the American Presidency). He tells jokes (some of them offensive) so that he can seem like just ?one of the guys.? He conducts Town Hall meetings so we believe that he cares about us- average, regular Americans. Of course he forgets to tell you is that while any ?regular Joe? can indeed submit a Town Hall question, Obama only picks the ones that he wants to answer. And each of the questioners appears to be a handpicked Democratic operative and loyal Obama supporter. He picks his own March Madness bracket winners (just like a ?regular guy? down at the bar or union hall). He instructs his buddies in the Democratic Congress to conduct hearings about the need for a BCS College Football national championship game. All of these distractions dominate the headlines while the economy melts down, banks fail, and the never-ending trillion dollar bailouts dig a deeper and deeper hole.

Most importantly, Obama and his cabinet distract your attention by incessantly demonizing and scapegoating corporate executives at companies like AIG, creating a boogieman for the average American to hate. It's ?us against them?- and Obama positions himself as one of us. His perfectly chosen rhetoric fires up the masses into a frenzy of hate. Obama creates a mob mentality so the average blue-collar American has someone to burn at the stake for our impending economic Armageddon.

And when the economic news gets even worse, what is Obama's answer? Change the topic. Make the distraction even louder. Take a trip overseas to address adoring crowds; conduct Town Hall meetings in France and Turkey; and make a visit to Iraq where our troops hug and kiss him. These are Obama's Weapons of Mass Distraction. It's all meant to distract you from seeing what's really happening (and what's really important).

Distraction is President Obama's greatest weapon against the truth. You see Obama can't afford to allow the average American to see what's really happening. Obama's economic plans are so dangerous and deadly to our future that socialist France is warning us that our spending is suicidal; The President of the European Union is scolding us; Russia's Vladimir Putin recently criticized America for abandoning the free markets; and China is suggesting a new world reserve currency. Get the hint? When Russia is lecturing us that we've abandoned capitalism, America is surely in deep trouble. When Europeans are lecturing us that Obama's out-of-control spending plans are leading us down ?the road to hell? (an exact quote), we are surely headed for insolvency. When China, who owns almost $2 trillion U.S. dollars, is suggesting a new world currency, it's a subtle hint that the Chinese realize that our dollar is headed for record lows as Obama prints unlimited dollars to pay for his reckless deficit spending. The writing is on the wall- but only if you listen to what smart people the world over are saying. Only if you ignore the adoring overflow crowds. Only if you ignore Obama's WMD's.

So what are the leaders of France, the EU, China and Russia clearly seeing that we aren't? The real storyline is frightening. Obama is destroying capitalism; orchestrating a government takeover of free enterprise; redistributing wealth from those that pay the taxes and create jobs to those that produce little or nothing and expect handouts from government from cradle to grave; expanding the baseline spending of government to unsustainable levels; hiring millions of new government employees and giving them guaranteed jobs and bloated salaries, pensions and health care for life- all in the name of electing and re-electing liberal Democratic politicians; building up so much debt and printing so much money that your life savings are eroding away to nothing, while your children and grandchildren will end up enslaved to big government for the rest of their lives and condemned to an inferior standard of living. Worst of all, virtually every ?solution? Obama plans to save our economy is unconstitutional. But that's just a small, inconvenient detail for a man that knows how to use Weapons of Mass Distraction.

Obama's favorite little trick is to ask the American people for ?sacrifice?- making us all feel guilty by tying sacrifice to patriotism. But Obama's voters (the poor, entitlement junkies, union members, government employees) aren't asked to sacrifice a thing. As a matter of fact, Obama is handing out record amounts of government money to them. Obama is perfectly willing to bankrupt America for generations to come and wipe out small business owners with high taxes in order to keep his voters happy, bribed and distracted. And while they are distracted, Obama will pass Cap and Trade legislation that will triple electric bills and raise gasoline back to $4.00 per gallon or higher, all the while making his biggest contributors, who have invested in green technology and politically correct companies, a once-in-a-lifetime windfall. Once the reality hits, and consumers start to notice their utility and gas bills have doubled and tripled, Obama will then shift the blame to greedy capitalists and corporate executives. The script has already been written, all Obama has to do is keep reading it.

All of this is being orchestrated by Obama's hand-picked team- the most arrogant and corrupt bunch of criminals and tax cheats ever seen in Washington D.C. (and that's really saying something). Those are the things he doesn't want you to see. So he distracts you with his WMD magic act. Obama can't afford to let you figure out that his friends in government not only caused this entire economic crisis, they actually benefited from it, so he has thrown up a smokescreen blaming Wall Street and ?greedy corporate executives.? Obama forgets to mention that it was liberal Democrat politicians under Clinton who pushed for the Community Reinvestment Act, a law that forced banks to make loans to people who couldn't afford them. Obama forgets to mention that his organization ACORN carried out the scheme to perfection by intimidating and suing bankers who didn't cooperate by loaning billions of dollars to minority and low income Americans. He forgets to mention that it was liberal Democratic politicians like Senator Chris Dodd and Congressman Barney Frank who oversaw the very companies and programs that led to this economic crisis - despite the most glaring conflicts of interest imaginable.

Congressman Barney Frank was DATING a Fannie Mae executive who ran the program that helped to bankrupt the company (and the country). Chris Dodd is even worse because his own wife worked for AIG and got big, fat checks from them, all while Chris was getting sweetheart mortgage deals from Countrywide. Meanwhile, both Frank and Dodd were getting huge campaign contributions from the very firms and industries they were overseeing on behalf of the American people. Somehow, like Sgt. Schultz on ?Hogan's Heroes,? they both saw nothing. Worse, they both defended and protected AIG and Fannie Mae/Freddie Mac from further regulation and increased oversight. They should both be in prison.

But it gets worse. Obama's Chief of Staff Rahm Emanuel was on the Board of Directors of Freddie Mac during the scandal and made $325,000 in one year. Obama's chief economic advisor Lawrence Summers made almost $3 million in speaking and consulting fees from Wall Street companies that received billions in bailout funds. Obama's chief economic advisor during his Presidential campaign was Franklin Raines, the CEO of Fannie Mae. Obama himself was the third-highest recipient of campaign contributions from Fannie Mae in the past 20 years (and he was only in the Senate since 2004). Are you starting to smell the rotting fish? Are you starting to understand why Obama must distract you from the real storyline? Are you starting to understand why Obama is so desperate to get you to hate the executives at these corporations? If he doesn't get you to blame the greedy, rich executives, you might notice who's really to blame.

If Obama doesn't distract you, you might notice a new FBI report that shows how corrupt government is. The FBI conducted an undercover investigation and found that thousands of government employees across the USA are corrupt and guilty of criminal activities. What a surprise. But if you noticed that, you might question why Obama wants to hire millions of new government employees and transform the U.S. economy from a private sector success where 75% of all new jobs are created by small business, to a stagnant, socialist, public sector economy where everything revolves around government.

Without the distractions, you might notice Obama's new laws (many unconstitutional) that give amazing new powers to government- allowing him and his cronies to run American business, decide what executives are hired and fired, and what salaries are ?reasonable? or ?allowed.? You might notice that we are putting our entire economy in the hands of government employees- people that often either failed in the private sector, or couldn't get a job in the private sector. You might notice that Obama and his government cronies have never started or run a successful business, and never created a job. You might notice that we are letting corrupt government bureaucrats give orders and make all the decisions for business- something that has never worked anywhere, at any time, in world history (see Cuba, the former Soviet Union, Latin America).

Obama couldn't allow you to notice those things, could he? So he trots out the circus: he puts on the big smile, tells jokes on the Tonight Show, jokes about pot during Town Hall meetings, and publicly offers his March Madness picks. The Obama publicity machine makes sure his wife Michelle's designer wardrobe is the main topic on the cover of People and Us. And here's the oldest trick in the book- they find a rich greedy Wall Street executive to scapegoat. Anything to make sure that the public is not focused on Chris Dodd, or Barney Frank, or Rahm Emanuel, or clueless Treasury Secretary Tim Geithner, or Larry Summers, or the massive bailouts, who got them, how much they got, and who got them because of campaign contributions to Obama. Weapons of Mass Distraction are the only way to go.

Now to the topic of taxes. Obama wants to raise them considerably- but only on ?the rich.? What he doesn't want you to see is that he and his rich connected friends don't pay those taxes. Tim Geithner cheated on his taxes- yet Obama made him Treasury Secretary. How did he get confirmed? WMD. Obama distracted Congress by scaring the American people. He frightened us all by claiming that the entire American economy hung in the balance if Geithner wasn't confirmed. Obama forgot to mention that Geithner was in charge of the New York Federal Reserve when all of this happened in the first place. He was THE oversight guy in government when Wall Street was about to explode; yet somehow he never noticed a thing. Now Obama says we can't survive without him. Geithner has to save us from the very thing he let happen (and never saw coming). Confusing, isn't it?

But let's not single out poor Tim Geithner. It seems that half of Obama's cabinet picks didn't pay their taxes. Tom Daschle, Hilda Solis, Ron Kirk, Nancy Killefer. Gosh, if Obama keeps appointing tax cheats, we might find enough money to close our massive budget deficit.

Don't forget New Mexico Governor Bill Richardson. He was supposed to serve as Commerce Secretary. He didn't cheat on his taxes; he's just under a garden-variety political fraud investigation. Then there's Charles Rangel, the leading Democrat in Congress who decides tax policy for the good 'ole USA- it turns out he cheated on his taxes and Congressional disclosure forms. If you or I did that we'd be in jail. Not Rangel. He still heads the powerful Ways and Means Committee, where he is in charge of raising taxes on the rest of us. It's pretty obvious why Obama must distract us from all of this. Without the distractions and smiling and jokes and Town Hall meetings, and March Madness picks, the American public might wake up and realize that our government is run by a group of thieves, frauds, and tax cheats, only in enriching themselves. Without the distractions, the mob might be standing outside the White House with pitchforks right about now.

Without Obama's weapons of mass distraction, Americans might notice that our deficit is 4 times higher than in the worst year under Bush; that our national debt will triple under Obama (by his own projections); that our first Obama budget is bigger than all other budgets in U.S. history COMBINED from George Washington to George W. Bush. Without all these distractions, Americans might notice that our estimated national debt of $10 trillion does not include $10 trillion in bailouts- much of which we'll never get back. They might notice that the out-of-control Federal Reserve refuses to disclose where all this taxpayer money went. Without all these distractions, Americans might notice that our estimated national debt of $10 trillion does not include as much as $52 trillion in unfunded liabilities for Social Security and Medicare (?unfunded? means we have no idea where we're getting the money to pay the bills).

Without the distractions, the public might notice that our government is bankrupt and printing money at a record pace, surely leading soon to the kind of massive inflation usually only seen in a banana republic. Without distractions, the American public might notice that we are on the way (economically) to becoming Zimbabwe (the Big 3 factors that characterize Zimbabwe are out of control spending, massive inflation, and corrupt government).

But here's the most important thing that Obama must distract Americans from noticing- as my good friend and economic advisor Kip Herraige points out: our largest bank Citibank is now for all intensive purposes insolvent, owned by taxpayers, and controlled by the government; the same is true for at least 2 of our 3 largest automakers (if not soon to be all 3); the same is true for our largest mortgage companies Fannie Mae and Freddie Mac; the same is true for our largest insurance company AIG. All of this was unimaginable only months ago. Smart people can only imagine where it will all lead. Russia knows. China knows. France knows. The head of the EU knows. They all see the writing on the wall. Hint: the story does not end well.

Obama cannot afford to have you notice that our economy is in ruins; our government spending is unsustainable and leading us (as our European friends say) ?down the road to hell.? Obama cannot afford for you to notice that both his GDP (revenue) and tax projections are better described as ?fairy tales? than credible projections, therefore leading to budget deficits and national debt levels far higher than he has projected. This will lead our country down the road to the unthinkable: DEFAULT. That's what the EU leader meant by ?the road to hell.?

Obama can't afford for you to notice that we have over $5 trillion of unfunded liabilities for federal government employees (and even more for state and local government employees); yet his solution to ?save? the economy is to hire millions of new government employees. Obama can't afford for you to notice that his friends helped cause this crisis; or that his friends benefited from this crisis; or that his bailouts lack transparency or accountability (we don't know where the money is going, or if it will ever end).

Obama can't afford for you to know that it's going to get much worse, simply because the federal government screws up EVERYTHING it touches, and he's now put the federal government in charge of Wall Street and the biggest companies in America. Obama only knows one way to run things- put big unions and big government in charge. Someone should point out to him that experiment has already been done- it is called France. The experiment didn't work out too well. While the French (and EU) economy was stagnant for the past 25 years, American free market capitalism has created unimaginable wealth and 40 million new jobs.

Meanwhile teacher unions have destroyed our public school system, wasting billions of dollars, and producing horrific results (only to demand more money without fixing the underlying problems)?while auto unions have destroyed the U.S. auto industry, the city of Detroit, and the state of Michigan in one foul swoop. It is an understatement to report that the union experiment did not work out quite as well (in either America or France) as capitalism. This is the future Obama has planned for all of us, as he puts government bureaucrats, lawyers, and unions in charge of the American economy. Obama's plan will turn America into one big Detroit. God help us all.

My advice to investors: Don't be fooled by Obama's WMD's. Look for the Dow in the range of 3000 to 4000. Look for record-setting inflation by 2011. Look for gold in the range of $2000 or higher. And buy gold bullion and gold coins- by the barrel.

But let's look at the bright side: it certainly will be amusing when the day comes that Putin calls Obama a communist. That day is coming soon.


Wayne Allyn Root was the 2008 Libertarian Vice Presidential candidate. His new book will be released by John Wiley & Sons this Spring entitled, ?The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts.? The book is available for pre-sale at Amazon.com. For more of Wayne's views, commentaries, or to watch his many media interviews, please visit his web site at: www.ROOTforAmerica.com









The Cummunity Organizer in Chief


A master of DISTRACTION

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brucefan

EOG Dedicated
Re: The Truth About The Obama Agenda

The Audacity of Obama's Lies Health Care Lies

The Feds Have Run Amtrak, U.S. Postal Service, Public School System, and Everything Else They've Ever Touched into the Ground, but Obama Wants to Put Them in Charge of Health Care?

The Federal Government Can't Even Run a Brothel!

How Does Obama Keep From Laughing At His Own Press Conference?



By Wayne Allyn Root, 2008 Libertarian Vice Presidential nominee

Author of ?The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts?


I'll give him one thing- our President has audacity. World-record levels of audacity. He even wrote a book about it. But he ought to change the name to ?the Audacity of Lies and Confusion.? His health care lies and confusing logic were on special display at last night's press conference. Let's examine just a few.

*The definition of audacity: Obama said we must ?tame? the costs of health care because they are the driving force behind our massive federal deficits. Huh? He's the driving force behind our massive federal deficits! He's the one spending like a drunken sailor. He's the one bankrupting America. He's the one ordering the Federal Reserve to print money at record speed- making our savings worthless, and eventually driving the value of the dollar down dramatically. He's the one that spent $800 billion on a worthless stimulus plan that hasn't helped the economy. He's the one who promised he'd create or save 3 million jobs, while instead losing millions of jobs. He's the one that wants to spend trillions more on government-run universal health care in the midst of a depression. He's the one that wants to pass Cap and Trade, which will cost industry and consumers trillions of dollars more, all while doubling and tripling our electric bills and gas bills in the middle of a depression. Talk about AUDACITY! He's a living, breathing ?driving force? of debt and deficit. Obama isn't the solution; he's the problem.

*Now to the REAL audacity. He says that government is the key to bringing health care costs down? Really? You mean the very same big government and liberal tax and spend politicians that have brought us our deficit of almost $2 trillion; while our national debt climbed to $11 trillion; while the shameless corporate bailouts reached $11 trillion; while our total national debt (including Social Security and Medicare liability) climbed towards $100 trillion; while unfunded liability for government employees climbed above $5 trillion. According to Obama we should trust that THOSE fellows, who brought us all that debt and deficit, have the answers to lowering health costs? Obama wants to put them in charge of 17% of the U.S. economy? And he promises they'll run health care less expensively and more efficiently than it is run today? Who writes Obama's comedy routine?
This guy is good!

*More audacity:
Obama thinks we should put in charge of 17% of the U.S. economy the very same people who ruined and bankrupted the public school system; ruined and bankrupted the U.S. Postal Service; who promised Amtrak would be profitable in 3 years and it's now enjoying it's 30th consecutive year of massive losses (for a total of $30 billion lost by taxpayers). Obama wants the people that ran the Hurricane Katrina operations to effectively run health care? He wants the same bureaucrats who run the VA System that operate on the wrong body parts of our veterans, and manage to lose laptops with the personal financial information of tens of millions of veterans; and mismanage billions of taxpayer dollars; to now run the entire health care system? He wants the same government that runs Walter Reed Hospital to run the entire health care system? You know Walter Reed- the hospital that welcomed our wounded veterans home from the trauma of war?only to face deadly mold and dangerous, disgraceful living conditions in their hospital rooms.

If government is suddenly so good at running things profitably and more efficiently than private industry, why didn't they run all the agencies and programs above profitably and efficiently? Were all those just a ?trial run?? Well I have news for you: as Donald Trump would say, ?
You failed and you're fired
.? Instead Obama's solution is to reward government, expand it, and give them more control over our lives.

*More audacity: Obama forgot to tell you this story. Government can't even be trusted to run a brothel. Yes, they did that and failed too. The federal government took over the most successful legal brothel in Nevada history (the Mustang Ranch) and ran it into bankruptcy in one year. I have news for you:
IF YOU CAN'T RUN A BROTHEL, YOU CERTAINLY CAN'T RUN THE ENTIRE U.S. HEALTH CARE SYSTEM.

*More audacity: Remember that unfunded liability of $5.3 Trillion for our federal government employees? That pitiful, unimaginable number involves free health care for life for a couple of million government employees. Now Obama has the audacity to look us in the eye and say that if we extend free health care (run by government) to everyone in America we'll cut costs and lower the spending? Wow, David Letterman can't top our President for knee-slapping humor. A couple million government employees with free health care have run up a $5.3 trillion dollar tag. That number happens to be 5 times more expensive than our wars in Iraq and Afghanistan. That number happens to be roughly half of our entire national debt. That number for out-of-control healthcare costs for government employees threatens to bankrupt America. Now Obama wants to give EVERYONE in America- all 300 million of us- free healthcare and this won't bankrupt America? This idea will lower
our costs? Where did Obama learn his math? Any Columbia University economics professor that ever gave Obama a grade of A must be a socialist.

*More audacity: Obama uses Medicare and Medicaid as the examples of the ?driving forces? behind massive deficits- and he then says his universal healthcare plan will lower the costs of health care. He says this with a straight face? Government-run universal healthcare is nothing more than Medicare and Medicaid expanded to cover everyone
. That's exactly what Medicare and Medicaid are- government run health care programs for a few of us- older people and poor people. Obama actually tells us with a straight face that they threaten to bankrupt us. But his answer is to expand those programs to include everyone. And choose the same government that is losing trillions of dollars running Medicare and Medicaid to run the entire system. This is madness. This is INSANITY.

*More audacity: Do you know why Medicare and Medicaid's debt and insolvency now threatens to overwhelm the entire budget? Because no program that is built around government paying for all your bills can ever work. If I'm paying my own medical bills, I'm careful. I avoid doctor visits. I refuse costly tests that are unnecessary. But if government is paying the entire bill, most people will choose to go to the doctor far more often. And they'll say yes to every test. Heck, why should they care? They're not paying.


How do I know? I've paid for my own meals and travel most of my life. Result: I'm frugal. I fly coach. I search for the best prices. I don't order alcoholic drinks at lunch. I search for specials on the menu. When I'm paying, I try to keep the price down. But when I'm doing business with people who have company credit cards, guess what happens? The sky is the limit. First class travel. The best hotels. Order whatever you want at lunch. Why should I care? I'm not paying. It's only human nature.

The same thing happens every day with Medicare and Medicaid. Right now, I pay for my own health care, so I never go to the doctor. I mean never. But if the federal government agrees to pay for everyone's medical bills- IT'S PARTY TIME. The entire country will go to the doctor every month. Heck maybe every week. If Obama is promising that costs will go down with someone else paying the bill for everyone, he is either a big comedian or a big liar.

*More audacity: Obama said at the press conference that the only way to bring down the cost of health care is to take the profit motive out of it. What? Is he joking? Government takes the profit motive out of the public school system, Amtrak, the U.S. Postal Service. Yet they all bleed billions of dollars per year. They all get worse every year. He's right? government really does take the profit motive out of business. With government involved, you can only lose trillions of dollars.

*More audacity: But here's the best line of Obama's comedy routine: Obama says that he wants to ?free? doctors and patients from worrying about the best treatment options. What a guy this Obama is. He really loves us- just like Jesus. He wants to remove all the responsibility and worry from our shoulders. Do you understand what this means? Do you understand what he is really saying? Neither doctors nor patients will any longer have the right to decide anything
. This is a deceptive way of saying that Big Brother will control our lives. Big government will make all decisions. Big government will decide life and death. Big government will decide if you are ?allowed? to get the latest treatments (based on how expensive they are). Big government will decide what treatments are deemed ?acceptable? or not. Your life will be in the hands of the very people that have run Amtrak, the U.S. Postal Service, the public school system, Hurricane Katrina, and even that bankrupt brothel in Nevada. Now don't you feel better?

But hey, the good news is that Obama is looking out for you. All your worry and stress and responsibilities are gone- thanks to Obama. You no longer have to make any decisions. They will all be made for you. You see where this is going? This is the very definition of Big Brother. Stalin, Mao, and Karl Marx must be looking down with smiles. Be frightened. Be VERY frightened.

Wayne Allyn Root was the 2008 Libertarian Vice Presidential candidate. His new book is entitled, ?The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts.? For more of Wayne's views, commentaries, or to watch his many media interviews, please visit his web site at: www.ROOTforAmerica.com
 

brucefan

EOG Dedicated
Re: The Truth About The Obama Agenda

The Audacity of Union Worship: Obama Declares WAR on China
Monday, September 14, 2009, 09:07 AM
Obama Makes Tragic Decision to Start Trade War with China To Appease Unions.

Whatever Unions Want, Unions Get from Obama- Even if it Destroys the U.S. Economy.

Obama Thinks Lincoln Saved the Union- The Auto Union, Teachers Union, Government Employees Union.

Is This All Part of a Plan to Destroy Capitalism and Introduce Socialism?

By Wayne Allyn Root, Author
The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts


President Obama's hero is Abraham Lincoln. But Obama has the central story of Lincoln's Presidency confused- Lincoln saved ?the union?- NOT the auto union, teachers union, or government employees union. President Obama's leftist love affair with unions has now reached critical mass- I believe it now threatens our economic future. President Obama's decision to start a full-blown trade war with China, by imposing heavy trade duties on imported Chinese tires, will start an economic war that the U.S. people cannot afford?nor hope to win. It will cost jobs; destroy businesses; hurt U.S. GDP (Gross Domestic Product); and damage the future of our children and grandchildren. But worse, it threatens to plunge the entire world into a global economic catastrophe.

This tragic decision was all based on Obama's need to impress his union friends and contributors- even at a cost of deepening and lengthening a global depression. Obama continues to follow in the tragic footsteps of FDR, who turned a deep recession into the Great Depression with the exact same gameplan: dramatic increases in government spending; higher taxes on business and the wealthy (who create all the jobs); minimum wage hikes; and protectionism in favor of unions.

Obama's move to slap tariffs on tires made in China comes in response to a petition from the U.S. Steelworkers Union (which represents workers at many U.S. tire factories). I'm willing to bet that nonstop union lobbying and strong-arming of Obama accompanied that petition.

Obama's reckless decision will accelerate the deterioration of U.S./China relations- at a time where economic leadership and cooperation among the world's two greatest economic powers is integral to avoiding a global economic meltdown. China has hinted for months now that it will push for a new world reserve currency. That means (in plain English) that China will start a slow-but-steady sell off of U.S. dollars (they own over $2 trillion of them) - thereby hastening the decline and destruction in the value of the dollar. This is all grave news for U.S. consumers. Worse, China has already reacted to the news of the tariffs by threatening to impose tariffs on the importation of U.S. goods like poultry and autos. We can?t even win wars in Iraq and Afghanistan. Now Obama wants to plunge us into an economic and trade war with China?

This all happened because President Obama is the most pro-union President in modern history. This is the man who blindly supports ?Card Check?- extreme leftist legislation that makes it easy for unions to unionize virtually every business in America (including small businesses with as little as 5 employees).

This is the man who literally stole Chrysler from secured lenders, bankers and shareholders, and handed majority ownership to the auto unions that bankrupted it in the first place.

This is the man leading a Democratic Party that has proposed taxing the health benefits of every American employee- except union members.

This is the man who publicly attacks and humiliates CEO's for excessive pay, appoints czars to regulate pay at private companies, yet just allowed GM to rescind pay cuts for their employees. Obama supports anything- no matter how reckless and hypocritical- that makes his union supporters and contributors happy. Unions move their strings, and the puppet President opens his mouth.

Obama hasn't noticed that unions ruined the auto industry- by demanding wages so high they bankrupted the ?Big 3? and made American autos too expensive compared to non-union competitors. He hasn't noticed that teachers unions have damaged-beyond-repair the government-run public school system. Obama sends his two precious daughters to $40,000-per-year private schools, while he condemns poor minority kids in D.C. to failing public schools- all to show his support for the powerful teachers unions. He hasn't noticed that state and local governments across the USA are going broke because of unfunded liabilities to government employee unions. He hasn't noticed that unfunded liabilities for federal government union employees now total a staggering $5.3 trillion and threaten to bankrupt the federal budget. In response to all of this economic misery, Obama hires more government union employees.

Obama doesn't notice any of this because his words don't match his actions. He talks like an eloquent and moderate statesman. But his actions more resemble a leftist political hack. His speech on Labor Day in front of union members sounded more like Hugo Chavez or Fidel Castro. This man has never met a union he didn't like- no matter how much destruction and havoc they cause to companies, industries or the U.S. economy.

The question is?is Obama really this ignorant or reckless? Of course not. Actually I believe that my college classmate (Columbia University, Class of ?83) is brilliant. Nothing he does is out of ignorance or naivet?. Therefore this must all be part of a well thought-out plan to destroy the U.S. economy. Why? I can only surmise that Obama's plan from day one has been to wreck capitalism; destroy Wall Street and the banks (the very heart of capitalism); expand the size and scope of government dramatically; get the American people so fearful as to demand bigger government to ?save? them and get involved in every aspect of their lives; and thereby introduce Socialism without debate. It's one heck of a plan?and it's playing out right now, right in front of all of our eyes.


Wayne Allyn Root was the 2008 Libertarian Vice Presidential candidate. His new book is entitled, ?The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts.? For more of Wayne's views, commentaries, or to watch his many national media appearances, please visit his web site at: www.ROOTforAmerica.com
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brucefan

EOG Dedicated
Re: The Truth About The Obama Agenda

ROOT: Let Newspapers Fail
Tuesday, September 22, 2009, 07:52 PM
Bailout of Newspapers Threatens Free Speech and Editorial Independence.

Bailouts Constitute ?Legal Bribery.?

By Wayne Allyn Root, Author
The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts

Members of Congress have recently suggested that the federal government should undertake a billion dollar newspaper bailout. President Obama seems interested. Really? Why? Because the other bailouts worked out so well? Congressional investigators recently disclosed their doubts that AIG will ever be able to payback it?s government loans. At the same time, economists suggest that at least $20 billion of the government loans to U.S. automakers are lost forever. GM and Chrysler now constitute a $100 billion welfare program, that just happens to sell cars (that no one wants). Meanwhile the economy continues to flounder despite the $800 billion economic stimulus package (a bailout to more fat cat corporations and Obama contributors). This disaster just keeps on growing (because government is involved).

Now we?re discussing billion dollar government loans to newspapers? Who suggested that idea? Let me guess- perhaps newspaper publishers whispered in the ears of Democratic Senators and Congressmen who have accepted their contributions and editorial endorsements over the years. And what did they promise in return for a bailout? More contributions? More endorsements? Did they promise favorable news coverage of the pet programs of Obama and the Democratic Congress? Perhaps they promised negative news coverage (or complete blackouts) of the massive Tea Party rallies and protests gathering steam across America. Isn?t that called ?pay for play?? Doesn?t the idea of newspaper bailouts threaten the very image of media impartiality and independence? Who is going to report on this scandal, if the entire media is compromised by one political party?

Bailouts are symbolic of government at its worst- showcasing incompetence, corruption, favoritism and arrogance. Let?s start with the simple idea that this is all unconstitutional. The Constitution bans government from getting involved in private enterprise- PERIOD. But setting aside that little problem, common sense alone should result in the banning of any more bailouts. Darwin was correct with his ?survival of the fittest? philosophy. The free market and consumers should best determine who survives and who thrives- not government. Let?s look at the auto industry. Perhaps there are simply too many auto brands and dealerships. Perhaps thousands of auto dealerships need to go out of business in order to heal the industry and jumpstart the comeback. Perhaps 2500 auto dealerships nationwide instead of 5000 would make the survivors healthier, stronger, more profitable, built for the long haul. Perhaps if the auto industry contracted, the surviving players would create even more jobs in the long run. No pain, no gain- perhaps by keeping failing companies alive, we are hurting consumers and costing more jobs.

When airlines like TWA, Eastern and Pan Am went out of business, consumers simply turned to different brands, such as Southwest. When Zenith went out of business, consumers simply bought more Sonys. Did life as we know it in America cease to exist? Of course not. In the long run, these business failures were healthy for the system. Consumers benefitted from newer and less expensive alternatives. In any case, it isn?t government?s job to pick winners, or prevent failures. History proves politicians and government bureaucrats are poor (and corrupt) decision-makers.

What holds true for automakers, holds true for all businesses in a capitalist economy. Would the world have survived the loss of AIG? Certainly. Other insurance companies would have taken over their niche (and perhaps done a better job). We survived the loss of Wall Street behemoths such as Lehman Brothers, Bear Stearns and Merrill Lynch. Dozens of banks have failed in the past year, yet our banking industry has survived. Why didn?t we save each of them? Casino giants like MGM Mirage and Las Vegas Sands (Venetian) teetered on the verge of bankruptcy and insolvency. Yet Las Vegas survived. Even lawyers are struggling in this terrible economy. This contraction in the legal profession will put hundreds of law firms out of business, costing thousands of lawyers their jobs. Should we bailout lawyers to save the economy? (To the contrary- my educated guess is that the world will be a better place with fewer lawyers).

The same holds true for newspapers. Perhaps there were far too many newspapers in this country in the first place. Perhaps there weren?t enough advertisers to go around. Perhaps it?s healthier for the newspaper industry if a few hundred (or even a few thousand) newspapers go out of business. Perhaps the ones who survive will be stronger. Perhaps the failed newspaper companies will be replaced by media mavericks with better business models.

Or perhaps newspapers are a dying business, slated for extinction. Within a few short years, we may be all getting our news exclusively from the Internet. What?s wrong with that? Isn?t that up to consumers to decide? Why should government artificially prop up a failing industry that the consumer no longer wants to buy or read? That?s the point of capitalism- if consumers wanted to read those newspapers, they wouldn?t be going out of business. Why is it government?s job to prop up a company that is rejected by consumers in a free market economy?

But the biggest (and worst) danger of all in a possible newspaper bailout, is the potential for political corruption and censorship. If President Obama saves the New York Times, will that newspaper ever write a negative editorial about Obama? (Of course, it never has and never will- but that?s another commentary about liberal media bias). If the Democratic Congress saves newspapers in Seattle, Chicago, New Orleans, Boston and Philadelphia, would it surprise you to think that the editors of those newspapers will only endorse Democrats for Congress as a thank you to their benefactors? Or visa versa- perhaps a Democratic Congress will only choose to bailout newspapers that have reliably endorsed Democrats for decades. The potential for corruption, bias and censorship is startling. The potential to silence freedom of speech based on partisan politics and what can only be described as ?open bribery? is enormous.

The bailout of banks, insurance companies, and automakers was unfair, immoral and unconstitutional. But the potential bailout of newspapers is the worst mistake of all. The very underpinnings of America- free speech, an unbiased and independent media, separation of editorial opinions from financial dependence- are all at stake. But perhaps that?s exactly what President Obama and the Democratic Congress are banking on. Afterall, once the Obama cabal controls the media, the rest of their plan falls easily into place.


Wayne Allyn Root was the 2008 Libertarian Vice Presidential candidate
 

brucefan

EOG Dedicated
Re: The Truth About The Obama Agenda

May 19, 2009

<TABLE width="95%" border=0><TBODY><TR><TD align=left width="80%">Obama to Government Motors: "Let's Roll"
By Karen DeCoster

</TD><TD align=right></TD></TR></TBODY></TABLE>
The last remnants of the American free-market system are experiencing a quick death by strangulation. Perhaps the most disturbing casualties of government intervention are General Motors and Chrysler, two disgraced automakers that have gone from private ownership to the public trough virtually overnight. The U.S. government has effectively seized a financial stake in each company while placing both of them into receivership - without any constitutional authority to commence such actions.
The takeovers, which have occurred at breakneck speed, are alarming. A defining characteristic of economic fascism is the control of private property and business through a government-business "partnership". This public-private alliance, while permitting private business ownership, is an arrangement that allows government to control and plan private industry. The schemers in Washington, D.C. are rolling out planned capitalism, or soft fascism, at an unprecedented pace.
One of the more disturbing actions on the part of the Washington establishment has been the blatant disregard for property and contract rights. First, consider the case of Chrysler. The government, while coming to the aid of a dying Chrysler, lobbed offers to its lenders, the bondholders. A group of dissident bondholders spurned the government's offer that would have given them a minuscule stake in the company while the UAW received a majority ownership position.
In response, the Administration denounced the bondholders, publicly proclaiming their obligation to "sacrifice" and referring to them as "vultures" because they insisted on maintaining their rights as senior creditors. Chrysler's bondholders are, by law, secured creditors, and they hold a senior ranking above unsecured creditors and shareholders in a bankruptcy or reorganization. Yet they were vilified and bullied for refusing to agree to a shoddy deal. Some of the holdout bondholders finally did buckle; they dropped their legal challenge and agreed to the government's lowball offer, but only because they were strong-armed by Washington's bully tactics. Thomas Lauria, the attorney representing the group, stated that his clients weren't able to "withstand the enormous pressure and machinery of the US government." Thus, the senior creditors were plundered while ownership was redistributed to the UAW, whose members are junior creditors. This makes a mockery of U.S. securities law.
The bailout and ensuing appropriation of General Motors is no less tragic. The current restructuring plan calls for the U.S. Treasury Department to have controlling interest in General Motors, which amounts to absolute nationalization. At GM's headquarters in Detroit, there is a cluster of bureaucrats from the government's task force telling GM how to run its business. The task force, assembled by the White House, has the power to exercise significant control over product decisions. According to a GM news release, the Treasury Department has the power to elect all of GM's directors and control the vote on matters brought before the stockholders. Additionally, the bondholders who have traditionally funded the company are being offered a paltry piece of equity for their trouble - another major blow against the sanctity of contract.
Furthermore, the White House fired General Motors Chairman and CEO Rick Wagoner. When the Executive Branch intervenes in a private business and ousts management, bailout or not, it is a staggering violation of the American ideal of free enterprise. This sets a precedent for unlimited government trampling over the private sector. On March 30th, Obama said, "Let me be clear. The United States government has no interest in running GM. We have no intention of running GM." If that's the case - and we know it's not - then why scoop up majority ownership?
The revolving door between Wall Street and the bowels of Washington is getting a workout. The guys from Wall Street run the government, and the guys from the government run Wall Street. Now, the guys from Wall Street, especially Goldman Sachs, who have taken over the Treasury Department, are taking over control of the domestic auto industry. You know what happened when the Goldman Sachs guys tried to run their own company. Did I miss the part in the Constitution that gives Treasury the ability to empower its hacks to run a private industry?
The GM and Chrysler takeovers are orchestrated political restructurings aimed at serving the larger interests of the U.S. government. The apparatchiks on the Potomac acquire the authority to coordinate production in a manner that compliments their political and social agenda. The White House has not been shy about its ambitions for green policy and the future of American-made automobiles. With this coup, the feds have wrapped their tentacles around the auto industry, and they will use it to ram their green-socialist agenda down our throats.
Moreover, the Obama regime already announced that it is buying 17,600 green vehicles (hybrid sedans) from Detroit's Big Three by June 1, using $285 million from the $787 billion stimulus bill. Representative Sander Levin, a Democrat from Michigan, stated, "The federal government's purchase of thousands of hybrids and other fuel-efficient vehicles from the Big Three shows that our domestic auto industry will weather this current crisis and build the cars of the future." But certainly, it shows nothing. If the car companies were capable of building the cars of the future that consumers want to buy, no bailout would be needed, and the government would not have to place its own enormous order for automobiles in order to keep the assembly lines moving and inventory lots turning over. The only thing the mega-purchase "shows" is Detroit's inability to sell its automobiles competitively in the free market, thereby leaving the government to spend taxpayers' money on goods they have refused to buy on their own.
Another abomination is the use of taxpayer dollars, on the part of the political establishment, to grant preferential treatment to one group of constituents - the labor unions - at the expense of each company's creditors, the bondholders. Not only is this an illicit use of the executive office for political pandering, it's a deliberate redistribution of wealth. It's also a handsome payoff to the loyal unions, who have long supported the Democratic Party.
As the Chrysler resuscitation continues and GM morphs into Government Motors, we can expect that the government will prepare to churn out its environmentally correct greenmobiles that the market has rejected over and over again. Freedom, choice, and capitalism will pay a dear price because a group of government bureaucrats, on the receiving end of political favors, will centrally plan a major sector of the U.S. economy and foist a prescribed lifestyle upon American consumers.
The funeral bell is ringing a reminder of capitalism's mortality. And I won't dare touch on what happens if our liberty is allowed to perish.

Karen DeCoster, CPA, has an MA in Economics and works in the financial services industry in Detroit. She has written for an assortment of publications and organizations, including LewRockwell.com and Taki's Magazine. Her website is karendecoster.com.


HERE WE GO ! MAY I HAVE SOME MORE PLEASE :doh1


Posted by Economic Analyst at <A class=timestamp-link title="permanent link" href="http://thecomingdepression.blogspot.com/2009/10/own-safety-deposit-box-better-read-this.html" rel=bookmark><ABBR class=published title=2009-10-27T22:34:00-07:00>10:34 PM</ABBR> 9 comments



GMAC Needs More Money To Survive: The Government Bows



In a stark reminder of how some battered financial firms remain dependent on government lifelines, GMAC Financial Services Inc. and the Treasury Department are in advanced talks to prop up the lender with its third helping of taxpayer money, people familiar with the matter said.

The U.S. government is likely to inject $2.8 billion to $5.6 billion of capital into the Detroit company, on top of the $12.5 billion that GMAC has received since December 2008, these people said. The latest infusion would come in the form of preferred stock. The government's 35.4% stake in the company could increase if existing shares eventually are converted into common equity.
LINK HERE
 

tank

EOG Dedicated
Re: The Truth About The Obama Agenda

Karen must not have heard of the farmers??Everything she described has been going on with the farmers for years and is no different. Oh wait they are not union so that has to be it.She is crying because the government is buying these cars but did not say anything when the state of Alabama bought thousands of cars from BMW who took the profits back to Germany with them but oh wait, the plant in Alabama is non union so that is okay right??Just another typical scare jab at the working class men and women and another attempt to bad mouth unions while the middle class get's shorter every day. Maybe some day people will figure it out but I doubt it since it is too late already I'm afraid.
 

brucefan

EOG Dedicated
Re: The Truth About The Obama Agenda

The Obama War Plan: A Recipe for Disaster!
Thursday, December 3, 2009, 03:44 PM
How Obama Uses the War in Afghanistan as Just Another ?Opportunity? to Expand Government and Destroy Capitalism.

A Libertarian-Conservative View of the War in Afghanistan That May Surprise You.

By Wayne Allyn Root, Author
The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts

I describe myself as a Reagan Libertarian. My heroes are Ronald Reagan and Barry Goldwater. I am a strong supporter of the brave men and women who risk their lives and limbs to defend our freedom. I would never hesitate to defend America or her interests around the world. I am not shy about retaliating against terrorists, or other enemies of America. Although President Bush violated the Constitution by never bothering to ask Congress for an official declaration of war (and shame on him for it), I supported him on Afghanistan, the training ground and epicenter of Al Queda and their attack on America on 9/11/01. However, over the past two years my views have changed dramatically. Despite my conservative, pro-military background, I no longer support this war.

I believe President Obama has made a grave decision that will result in a never-ending commitment to a war that America can neither afford, nor win. Unlike Iraq, Afghanistan is a country comprised of people without national identity, with only family and tribal loyalties. They have no interest or desire to build a democracy. America has no business in attempting to force them to do so, and I, for one, am unwilling to commit American lives and treasure to support a corrupt group of war lords. Let them fight their own battles.

I would not risk the lives of my young sons on this tragic game plan. Would you? Would Obama? Would any of the gung-ho Republicans who have come out in support of Obama's war expansion plans? I don't think Karl Rove or Newt Gingrich would send their sons. I know that Mitt Romney has never sent any of his 5 sons. But they certainly have no problem sending your sons with enthusiasm.

If we are going to fight this war, we had better be able to answer the simple question: ?Why are we in Afghanistan?? While watching the NBC Evenings News on Wednesday night, I heard two very disturbing statements by 4-star General Stanley McCrystal, the commanding general of our war efforts in Afghanistan. First he stated we were there ?not to conquer, not for glory, not for money?but rather to help the Afghan people shape their future.? Is that why we're there? Silly me. I thought we were there to punish and destroy our enemies in the war on terrorism. Even our generals are now recruited into Obama's politically-correct world.

I have to assume that neither President Obama nor General McCrystal have ever read the United States Constitution? Because nowhere in that brilliant contract with the citizens of America does it say the government has the right to sacrifice American lives to ?help other people in far-away lands shape their destiny.? The destiny of the Afghan people is their concern, not ours. We have no right to tell them how to live their lives, nor will they listen. After we leave, whenever we leave, they'll surely go back to the way things were before we got there.

The second statement that General McCrystal made was to quote Winston Churchill. He said, ?This is not the end. This is not even the beginning of the end. It's the end of the beginning.? Really? Is that our plan? We're only at the end of the beginning of a long grueling war. That's certainly not what President Obama said on Tuesday night. He seems to think we are already near the end of the war and setting dates right now to depart. If the President and his own generals are that far apart in their visions and game plan, I fear we have created a recipe for disaster. Obviously the soldiers (the ?boots on the ground?) agree. One soldier boldly went on camera for NBC News and said about Obama's 18 month deadline for leaving Afghanistan, ?That's a joke.?

First Obama waited months to support our troops with the reinforcements his generals said were needed; now he's set a deadline to end the war that our own soldiers think is a joke. This was a deadline set purely for political reasons, based on political calculations (the war must be ended before the 2012 elections).

As anyone with managerial experience or just plain common sense will tell you, once a decision for action has been made you hire the best, most experienced people you can, provide them the resources they need and get out of the way. Is that what's happening? Obviously not. This isn't a war run by generals, this war is run by incompetent lawyers and an inept group of community organizers based in D.C., who have instituted "rules of engagement" that handcuff our own brave soldiers in the name of political correctness.

The ?rules of engagement? set by Obama will lead to a disaster. They've already led to a Vietnam-like drop in morale. Don't believe me? Ask the brave Navy Seals team that now face court martial for slapping an Al Queda terrorist leader after capturing him. The same terrorist who coordinated the burning and hanging of the bodies of Americans on a bridge in Iraq. The poor man got a boo boo- a bloody lip while in custody of our Navy Seals. Now they face prison. Think that leads to winning a war? That's not a war I'd let my sons participate in.

So why exactly is President Obama expanding the war, when candidate Obama was so loudly and strongly anti-war? Because this cold, calculating politician sees this war as another excuse to expand government, increase spending, and increase the power of his office. To Obama, the war in Afghanistan is no different than the twin frauds of universal healthcare and Cap and Trade. They are all ?opportunities? to expand spending to the point that the federal government is all-powerful.

Obama's plan is the opposite of Ronald Reagan's. Reagan wanted to cut taxes to starve government and free the American people (and the capitalist system) to exercise individual initiative and personal responsibility. Obama's plan is to raise spending to levels that will bankrupt the country, weaken the faith of the American people in capitalism, and force massive tax increases to redistribute wealth- thereby creating a socialistic nanny state with government in charge. The war in Afghanistan is just another "opportunity" to grow government bigger; make big corporations, lobbyists, special interests, and defense contractors fat and happy (who will then contribute to Obama); and redistribute the wealth faster.

Universal healthcare will be funded by a ?wealth tax?, a dramatic expansion of Medicare and Medicaid taxes passed on to the states, and soon a VAT tax paid by every consumer. Cap and Trade will be funded by massive new taxes and mandates on business and dramatic increases in every consumer's utility and gasoline bills. And, the expansion of the Afghanistan War will be paid by yet another ?wealth tax.? These are all opportunities to spread Obama's Socialist agenda.

It's all been part of Obama's plan from day one. It was all explained by Rahm Emanuel who famously said ?Let no opportunity go wasted.? We cannot afford this war. We cannot afford to nation-build, or to be the world's policeman. We cannot afford the lives lost or the treasure. Nor do I think Mr. Obama will allow us to fight to win. To paraphrase my hero Ronald Reagan, ?Mr. President, END THIS WAR.?


Wayne Allyn Root was the 2008 Libertarian Vice Presidential candidate
 
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