Can you believe Obama's press conference?

Transcript from the Presidents press conference:

Mr. President,we've had lots of others recessions that recovered on their own without a stimulus,doesn't that make this a bad idea?
This recession is unique due to the bad policies of the previous administration and must be dealt with quickly and aggressively to prevent catastrophe.

Mr. President,several members of your cabinet have tax paying issues,do you support this?
This just goes to show that we're all too busy with life everyday and don't have time to be thorough on these matters.That's why I'm announcing a new program expanding the IRS to do everyones taxes for them to insure accuracy.

Mr. President,doesn't reducing our nuclear stockpile,negotiating without pre-conditions and closing Gitmo weaken our security?
Until we show through our actions that we are committed to peace and are willing to consider the viewpoint of all countries and cultures,we can't change the environment of fear we live in that requires these security measures.

Mr. President,your VP has stated it's patriotic to pay taxes,yet you claim 95% of all Americans will receive a tax cut.Isn't this a contradiction?
The American people have spoken by electing me and they want their Government to provide basic services to them and insure that every American has healthcare,education,a job and access to housing.As the greatest country in the world,we need to lead the way in raising the quality of life for all.This will require all of us to do more and for some,this will mean paying more taxes.

Mr. President,you dropped the charges against the USS Cole bomber and are closing Gitmo.Are terrorists rights more important than ours?
I believe every person throughout the world deserves equal rights and protection under the law.If we don't,we aren't fulfilling the vision laid out by the founding fathers in the Constitution.Whether it's a mother's right to choose,a person accused of a crime or a religious viewpoint,I believe we must equally support them all to fulfill this vision.

Did you see this press conference?Of course you didn't,because I made it up.However,this exercise shows how easy it is for Obama to twist a legitimate question and make it appear he's doing the right thing.His rhetoric is very predictable and easy to see thru if you're looking.But many Americans would accept answers like these as gospel because it's from the Messiah.The battle ahead will be brutal.More to come...

We're being punk'd!

Do you think Obama and his team are burning the midnight oil crunching numbers trying to find a way out of this economic crisis?Calling in economic experts from around the globe to devise a can't miss strategy?Uh,no.I guarantee he's not losing a moments sleep while he checks out cool stuff in the White House like the batphone.

It only makes sense.Since this isn't an economic stimulus package,why would it fix the economy?No,just payoffs for the party and the pent-up liberals who have been waiting for years to have a crisis pop-up giving them the opening they've been waiting for to enact their agenda.

Tarp 3 will be his attempt at fixing the credit crisis.The left loves the Central Bank style system of controlling the economy,playing with interest rates,fractional reserve banking,etc.The size of TARP 3.0 will be much larger than the first two $350 billion attempts.

Also,be aware that we are being prepped for the bad news to come in a year or two.That's when the tax increase will be implemented to pay for today's social agenda stimulus spending.The false appearance of bi-partisanship is a disclaimer requirement to spread the blame as he won't have a free pass as with this stimulus.More to come...

We need education even more than jobs

We may be witnessing the deepest fall from grace in memory.As Obama digs his hole deeper each day,it's stunning to see how quickly people are jumping ship.He's stuck in campaign mode with his rhetoric and even the left is embarassed.His critics are growing with decisions such as dropping charges against the U.S.S. Cole terrorists.Those who didn't drink the kool-aid knew he would move left,but so quickly?

One of the major talking points against him was nobody really knew what he stood for.The reason now becomes obvious.He doesn't have principles.He's not a leader.He allowed Pelosi to destroy the stimulus bill.He relied on Moodys economists for his economic platform.His social agenda is molded by a collection of radicals like Ayers and Wright.His cabinet is full of Clinton retreads while he boasts of change and hope.He trumpets fear to those that oppose him and categorizes debate as tired old political tricks.He is weakening our National Defense in fast forward.

These things were predicted and expected by his opponents to no avail.His career is marked by good luck and timing.Opponents dropping out of races against him.The housing bubble bursting and credit crunch came at just the right time.The color of his skin was a bonus as it all came together.It's like getting on a roller coaster before you realize they didn't finish the whole track yet.You bought your ticket and there's no refund available.It's little solace to those of us who knew and didn't vote for him,because we still stand together under the ash cloud falling down.

I pledged in an earlier post that I would try to be more positive this year,but I just can't get there watching the train wreck happening right in front of us.Ron Paul is spot on when he writes that education is the only cure.It won't happen fast,but it's the only way to prevent future political hacks like Obama from destroying America.More to come...

Obama can win - here's how!

You hear it everywhere.The stimulus won't work.It's just spending or pork.It's taxpayer funded Government temp jobs.It's deficit spending.You need wealth creating private sector jobs.All true.But here's a way Obama can still claim a victory.

The GDP is the total value of all goods and services of our economy.Approx. $13 trillion today.When you have a recession,then the GDP is actually shrinking.To reverse it,you must expand the value of either goods or services or both.The stimulus will create taxpayer funded Government jobs which will increase the Federal debt.However,the Federal debt is not factored into the GDP.It's a separate calculation known as the debt as a percentage of GDP.Theoretically,you could expand the GDP by spending this way.Those Government workers will spend their incomes increasing the value of goods and services thereby increasing the GDP.In this manner,you can reverse a recession and claim the spending stimulus was successful.

The difference is you have increased the Federal debt to finance the stimulus.If you increased the GDP thru normal free market capital growth,you wouldn't have the debt increase.Yet,the debt is fictional to most Americans.We pay no principal,only interest.It's a huge $10.6 trillion number that people can't imagine.So increasing this number doesn't seem to matter to people because they can't understand it's implications.The goal must be stated to people that we need GDP growth without debt growth.

However,the loophole is created to allow Obama to say the stimulus reversed the recession and he can claim victory!Watch for it.You heard it here first!More to come...

Obama voters-you suck!

The urgency Obama is displaying is quite amusing and at the same time frightening.With support for the stimulus collapsing with each passing minute,the left is ramping up the rhetoric that we must act TODAY or the economy will never recover.Apparently,the window for enacting Socialism is small.The left knows they have the 3 branches of Government locked up.The court of public opinion isn't locked in with an election win however.Never waste a good crisis has always been the motto when trying to enact policy the public really doesn't want.

Do you on the left really need to fear?With the policies Obama is putting in place,he should have no fear.They won't resurrect the economy.The Fed is heading for insolvency.The cost of the stimulus will amplify the crisis.The TARP is going to expand greatly.Everything is falling into place nicely to insure a long term period of crisis that will allow the left to enact Socialism.Obama believes he has that mandate with his election.Read his Washington Post op-ed.He states that you don't want tax cuts and he rejects them.Are you one of the fools that voted this idiot in?As always,the voters are to blame for the nations problems because they voted for them.More to come...

Non-believers everywhere!

The good news is I continue to see supporting info being reported upholding my theory that the Conservatives can't get the swing vote just by sticking to their principles.The bad news is the same reason.

Another survey out that 9 out of 10 don't think the stimulus will work.Yet 35% still want it to pass.Huh?Just goes to show you the mentality you're up against.The Conservative message of accountability and responsibility doesn't sell to the younger voters.Sure you get the base vote.But if you want to prevent a long-term run of Democratic power,you need those voters.It's a mix.You have the entitlement generation which you can't reach.These same people are the type that love the $149 car payment,but don't care that the car costs $20,000 that they don't have.They love the no documentation home loans.They send in every credit card sent in the mail.They couldn't find fiscal responsibility anywhere in the dictionary.And they all seem to have a cause.And they crave being accepted by their peers yet on the other hand do crazy things to stand out from the crowd.You saw them dancing in the streets praising Obama and glad that won't have to pay their mortgage anymore.

This growing segment of the population that you can't profile into any one category are you're swing voters.And they see more benefit in the Dems message.When you talk about Federal debt and interest,deficit spending and all the other bad things associated with bailouts and stimulus,there is a disconnect.They can't feel that pain.Can't touch or see it.How can it be a bad thing to want to save the planet,re-build the infrastructure,provide healthcare to everyone,etc.?They never learned to balance a checkbook in school,so it doesn't translate.

Mark my words,this is the battleground of the future to decide the balance of power.If the Conservatives don't get the GOP back in line and re-package their platform,they will continue to lose.When the stimulus fails,which it will whether it's slimmed down or not,the left will be in an even better position to enact their agenda.It won't matter who gets the blame,desperate people will want help and the Dems will be right there to take advantage.No way can you sell people into taking their medicine to properly fix things.I'm listening to the MRN right now as they say the opposite.They think this rough time currently is enough to get people to change their ways long term.Won't happen.Sorry,but you'll see I'm right.More to come...

Now what?

The stimulus will finally be approved by next week in some fashion.You can't stop it.The GOP can hope to alter it,but it's guaranteed to be implemented.The Dems control far too much to drop it and start over from scratch.

The bigger question is what will we do then?The massive expansion of Government will slowly take place over the next several years thanks to the stimulus.The TARP money will be expanded and doled out although this may take some time.At that point maybe we can finally address the problem.The left will be happy with their social programs greatly expanded.The banks will have their hedge funds in place.We will then need to actually address the recession once the political payoffs are out of the way.

You still have the problems of the Federal Reserve.In fact,there will be a push to incorporate a global institution magnifying the problem.We still have the Federal debt and the huge interest payments,SS and Medicare/Medicaid funding,the rising unemployment rate,housing,etc.We still have the 2nd highest corporate tax rate in the world.Capital gains are too high.The trade imbalance.The wars.

Just amazing with the vast array of serious problems we have to deal with that it still simple left vs. right politics that takes center stage.Obviously,I'm no fan of Obama.But we will have to wait a couple of years at least to see which direction he will go.If you judge him prior to that,he will clearly be a failure because of all of the paybacks and enacting of the left agenda is taking priority.They have waited too long for this opportunity and won't delay it.He will have compounded his problem by playing politics and delaying addressing the real issues.At that time,we will find out what he's capable of.More to come...