Obama Says Government, Not American Exceptionalism, Is THE Answer
This speech is shocking to me. Not since Jimmy Carter has an American President spoken so negatively. After 25 years of record economic expansion, brought on by lower taxes that freed up American capitalism and individualism, Obama steps up to the microphone and reveals a bad case of diarrhea of the mouth. After just one quarter of negative GDP growth, and an unemployment rate that is merely a point more than what is considered full employment, Obama says the following.
We start 2009 in the midst of a crisis unlike any we have seen in our lifetime, a crisis that has only deepened over the last few weeks.
What? This is worse than double digit unemployment and double digit inflation? Well of course it is. It has to be, because if the sky isn’t falling, then you and I aren’t going to go for all of this government expansion. This “crisis” is a dream come true for a statist like Obama.
Now, I don’t believe it’s too late to change course, but it will be if we don’t take dramatic action as soon as possible. If nothing is done, this recession could linger for years. The unemployment rate could reach double digits. Our economy could fall $1 trillion short of its full capacity, which translates into more than $12,000 in lost income for a family of four.
Talk about some fearmongering. Unbelieveable. He says if we don’t spend, spend, spend, the economy is going to suck for a long time. Acccording to Barry, American exceptionalism, small business men and entrepreneurs, aren’t the ones that will pull us out of this downturn. No we all need them, the government, which is made up of lifetime bureaucrats and crooked politicians. Yes they, the Democrats know what is best for you subjects of the King.
Obama goes on to explain how government is the answer to everything and that unless we have more government, we will all be living in Hoovervilles.
One more thing about this speech that needs to be mentioned is that he was willing to broach this subject, but not touch the situation in Gaza, nor whether Burris should be seated. Barack still shows up for the popular votes, and he still votes present on the difficult ones.
This man is about to destroy our economy for generations. After we eventually recover due to the naturalness of the business cycle, we will have so much inflation that the Fed will have no choice but to tank the economy yet again. I fear for this country.
Actually, Carter was right. He was trying to wake America up to the fact that if we didn’t change our ways we’d be screwed. Well, we didn’t, and we’re screwed.
Guess what? Obama was not part of those policies! But you are right that he is an idiot for trying to use spending to retart the status-quo. That will only make an existing problem much worse.
But his fearmongering is hardly that. Things are actually much worse than he is telling us, not better. And, you are right to fear for our country. In fact, it is already wrecked. We haven’t hit the iceberg yet, but it’s probably too late to turn, unless we make some immediate, radical policy changes that virtually no one, least of all anyone blogging at Tennesseefree.com, is supporting.
So, the only question is, how are we going to deal with the wreckage. We will be like Nazi Germany and continue to obey when we are told we must murder to survive? Those bombs slaughtering Palestinian children have our names on them, for example.
Think those low gas prices are good news? Guess again. Global trade has screeched to halt! The existing contracts may be served for another year or two, and then, the shelves go empty.
Of course, energy conglomerates will try to escalate the Middle East wars in order to drive the price of oil up.
There may even be another false flag on U.S. soil to give the military the pretense to quash civil unrest when TSHTF. Wipe that stupid look off your face, governments do this ALL THE TIME.
Hopefully, the military will follow the Constitution and disobey if they are ordered to suppress Americans.
Putting Dick Cheney, Henry Kissinger, Henry Paulson, and G.W. Bush in prison with Bernie Madoff would be a step in the right direction, that is to have any chance of salvaging what is left of American exceptionalism.
Oh, I see your problem.
Uh, there has been no “record economic expansion”. This ridiculous fantasy must be demolished before any sane policy can be considered. Sorry to be so harsh.
The only thing that has expanded is debt. Debt is not wealth. The U.S. is bankrupt.
This is reality. Sorry to burst your bubble.
(Get it , bubble, burst, not funny really, just couldn’t resist.)
Don’t inspire a lot of people do you there Eli.
Right. maybe I should change my pitch.
How about this,
Come on over. I’ve got huge imported plasma flat screen TV we can watch to watch the stupid bowl, and we can swill tons of brew made by a foreign company that bought out Budweiser. Drive over in our cars made by foreign (soon to be American) slave labor wearing our foreign slave made clothes while we sit on furntiture that was made from wood harvested in the U.S. so we could ship it to China to make cheap stuff and reimport it while our own skilled workers
serve us deadly fast foodstarve.(The banks were more than happy to “expand the economy” so I could get all this stuff by lending at absorbant rates while borrowing for nothing thereby destroying all domestic capital savings in the hands of potential small entrepeneurs, which just happens to be the basis of true market economy).
That will take our minds off of the fact that the whole government is a bunch of traitors that sold out our industry in the name of “free trade” and then officially gave control of the public treasury to a bunch of gangsters that would be in prison in any real democracy.
Whew. . . I’m there!
Sheesh, Eli, I’m dying to subscribe to your newsletter! Just linky, baby~!