Saturday, July 31, 2010

OBAMA LISTENS TO THE PEOPLE

Well, that is if you listen to his party’s national chairman.

According to DNC Chair Tim Kaine (who won a screaming contest with Howard Dean to get this position), Republican opposition to the campaign finance bill, which Democrats support as a means to drown out the voice of the Supreme Court, amounts to Republicans trying to “drown out the voices of Americans…” (USA Today July 28)

So obama’s ignoring the voices of the majority of Americans who opposed obama-care was what?

So obama’s ignoring the voices of the majority of Americans who supported Arizona’s law against illegals was what?

obama ignores 61% of the American voices that say the country is on the wrong track (http://www.realclearpolitics.com/epolls/other/direction_of_country-902.html) as he shuffles around the country telling us how great his administration and his congress (which 72% of American voices disapprove of) (http://www.realclearpolitics.com/epolls/other/congressional_job_approval-903.html) are doing.

Often obama does not even listen to his echo.

His administration’s defense to legal challenges to obama-care use the defense that no one has yet been harmed by the bill, thus any challenge to it is moot.

No one had yet been harmed by Arizona’s just illegal immigrant law either but obama’s administration argued the likeliness of harm justified killing the law.

obama’s puppets tell Americans to start vacationing in the Gulf…yet obama takes his little family to Maine.

obama calls his party the party of inclusion, yet his “Race to the Top” state school funding program excludes approximately 2/3 of the country.

obama speaks of racial respect and then ignores the racial sensitivity of blacks by calling them mongrel people (which I’m sure black author Larry Elder would add to his book of 10 Things You Can’t Say in America: which ought to be subtitled, …Unless Your Black).

obama told us during the 2008 campaign that his family ought to be off limits to campaign politics (so don’t say my wife has a big ol’ butt) but then he drags little Malia into the politics of the Gulf oil spill by publically quoting her: “Did you plug the hole yet, daddy?”

obama wrote in one of his fiction novels that he likes to hear his own voice.

Not yours…his.

How does he deal with the hypocrisy?

Monday, July 26, 2010

OBAMA NAILS ASSESSMENT OF ECONOMY

Not really, I was just kidding; trying to give you hope.

obama struts around the country telling you how good things are and will be, while also telling you not to believe the naysayers, which is basically anyone that disagrees with him, the facts be damned.

Economists are naysayers.

A USA Today July 2010 survey of economists (“Economists’ optimism wanes”) found that 8 in 10 surveyed have downgraded their economic outlook, calling it “gloomier than April’s” outlook.

These same naysaying economic experts cite “lackluster job growth, a weak housing market, and a slowdown in factory output” as being the facts of obama’s economy.

obama says that “every economist who’s looked at it says that the Recovery act has done its job.”

Those folks who work at the FDIC (the federal bank deposit insurer guys) are naysayers.

This federal regulatory body has just closed its 103rd bank this year…compared with 64 at this same time in 2009.

Steve Forbes of Forbes magazine writes that “Obama is Clueless” (July 24, 2010).

He’s a major naysayer.

Michael J. Boskin, Professor of economics at Stanford University, writing in the Wall St. Journal (July 21, 2010) says that obama’s speeches on the economy are like “fish stories,” they come with “extreme exaggeration.”

Boskin says that not only are obama’s statements on the economy divorced from reality (well, I said that, not him) but they are divorced “from those of his own economic advisers” (the economics professor guy said this).

Those traitorous naysayers!

Bloomberg Business writer Caroline Baum is a naysayer with a job and a working mind.

She wrote that “Obama’s Stimulus Spin is an Embarrassment” (July 21, 2010).

The bureaucrats who work at the Bureau of Labor Statistics are also naysayers.

In July of this year these folks reported that 2.5 MILLION non-farm jobs have been lost since obama’s stimulus policy was passed…all of them in the private sector.

And finally, you and I are naysayers.

Katie Couric’s news station, CBS, found in a recent poll (July 13, 2010) that 8 in 10 naysayers polled believed the economy is bad…which is 5 points higher than the number of naysayers saying the same thing last month.

CBS’s poll also found that only 13% of Americans say that obama’s economic policies have helped them personally, the rest of you are all negative, doom and gloom naysayers and Joe Biden will be coming to make you better understand how things are really, really good with the economy.

CBS’s sister station on cable, CNN, also conducted a poll (April 1, 2010) and 48% of Americans say Republicans in Congress would do a better job of dealing with the economy than the likes of obama, Reid, Pelosi, Dodd, and Fwank would do…or have done…45% said these twits could do a better job…and they are.

Shame on CBS and CNN for being such naysayers when their political poster child has done so much for their ratings.

American Research Group’s July 2010 poll shows that 44% of Americans are naysayers as they feel the economy is getting worse. On a more personal note, ARG’s poll found that 40% of those polled say their household financial situations are getting worse.

Those selfish naysayers.

ARG’s poll found that 68% of Americans rate the economy as bad, very bad, or terrible.

These naysayers must be listening to FOX News.

obama’s “Main St.” economic plan does not seem to be impressing those who live on Main St.

BrainyQuote.com included this purported quote by economic guru obama: “A good compromise, a good piece of legislation, is like a good sentence; or a good piece of music. Everybody can recognize it. They say, ‘huh. It works. It makes sense.’”

Do you recognize it? Do you think it has made sense?

America’s majority says no.

You damned naysayers.

Read more: http://blogs.myspace.com/index.cfm?fuseaction=blog.ListAll&bID=5 37557076#ixzz0uo7mkJyo Read more: http://forums.myspace.com/t/4815866.aspx?fuseaction=forums.viewthread#ixzz0uoB4lkWZ

Saturday, July 24, 2010

OBAMA MOTORS ENTERS RISKY LOAN MARKET

Bad credit?

No problem.

Following the failed financial policy oversight of the past by Congressional Committees headed by Democrats Barney Frank and Chris Dodd, where subprime mortgage lending was allowed to grow like hope and change on a cold November day and where by the spring thaw saw 25 subprime mortgage lenders collapse like a NAACP call to fire a government official, obama’s favorite car company, GM, has announced they will spend $3.5 billion of tax payer received bailout funds to purchase AmeriCredit so that they can get into the subprime auto loan lending business big time.

Despite living through the costly chaos caused by subprime mortgage lending, obama-selected GM CEO Eddie Whitacre said that giving auto loans to people who really cannot afford them will make GM more competitive(USA TODAY, 7/23/2010).

There are a lot of people chomping at the bit to buy a car built by obama-motors.

According to auto credit firm Experian Automotive, 40% of US car buyers are categorized as non-prime or subprime.

This is like Rent-A-Center on wheels; except that it is backed up by your tax dollars.

Will we see another government bailout of GM?

obama’s new financial overhaul policy excludes auto makers from the credit oversight that other financial institutions and credit lenders have to endure.

obama’s candidate to head the newly created government consumer credit watchdog division, Elizabeth Warren, who also doubles as the chairman of the congressional panel that oversees the TARP stimulus program, said that “over-priced credit products” and “risky subprime” loans are costly; “dangerous financial products” can wipe out savings, jobs, marriages, retirements, and lead to broken lives (NY Times, 7/24/2010).

Elizabeth, obama, and Whitacre need to have a talk. Timmy Geitner, obama’s chosen Treasury Secretary would not be invited – he and ‘liz don’t exactly exchange fist pumps.

Author, MBA, and personal finance and investing expert Lita Epstein wrote a piece for AOL’s money and finance site (Daily Finance, 12/1/2009) that told of the busy holiday season auto repo men throughout the country were enjoying in December of ’09.

CBS Evening News ran a story in March of last year that stated there is a “booming business for car repo men.”

The repo market is booming and the 60% US taxpayer owned GM (AP, 4/21/2010) would like to see even more people who cannot afford expensive car loans to have access to them.

In 2008, US News reported that “nationwide, repossessions are up about 15%”(http://usnews.rankingsandreviews.com/cars-trucks/daily-news /080307-120206/).

Suddenly our economy is in such great shape that we can once again peddle tax payer backed loans to risky borrowers?

obama gave GM nearl $7 BILLION of taxpayer money after the “failed policies of the past.” How many more, mr. president, how many more?