Confusing Obama

So our President is now using fear as a tool to push his fat spending bill through: Obama: Catastrophe coming if Congress doesn’t act (www.breitbart.com/AP) “A failure to act, and act now, will turn crisis into a catastrophe and guarantee a longer recession, a less robust recovery, and a more uncertain future” First of all, [...]

Look at what Obama said: Obama: “Now Is Not The Time” For Excessive Bonuses “There will be time for them to make profits, and there will be time for them to get bonuses — now is not that time. And that’s a message that I intend to send directly to them,” he said. Ok, yeah [...]

This is interesting and a good change to me: (Jan 8, 2009) Barack Obama: we must spend our way out of recession “At this particular moment, only government can provide the short-term boost necessary to lift us from a recession this deep and severe,” Mr Obama said. “Only government can break the vicious cycles that [...]

Yeah… if this stumulus package is so great and will do so much good, then why does Obama need to go to Republicans for ideas and approval? It’ll pass without their blessing. If it’s good, then take ownership of it and put it through. The problem is, the plan stinks. Obama knows it won’t work. [...]

The United States of China? Maybe. At this rate, yes. U.S. Headed Toward Bankruptcy, Says Top Budget Committee Republican (CNSNews.com) – The ranking Republican on the House Budget Committee said the U.S. government is headed toward bankruptcy if it stays on its current fiscal course. “We know that for a fact,” Rep. Paul Ryan (R-Wis.) [...]

The Democratic Congress wants to spend $1 billion ($1,000,000,000.00) on 500 salmon in California. That makes each salmon worth $2 million each. What??? (When do we eat?) And that’s not really even the worst of it… well, maybe it is but this is just ridiculous. Coburn: Bill Shows Congress is Still Self-Indulgent $3 million for [...]

Obama’s plan is backwards. You don’t bail out failing businesses. That’s going against how the market works. The losers don’t win. And you don’t give the money from businesses that work to the failing businesses. If you do that, then we’ll just go through this whole thing over and over again. You want to give [...]

How many bailouts have we had now? Too many. The govenment doesn’t fix recessions. If it could fix them, we wouldn’t have any. Obama wants to spend money for fixing roads or something. For the amount of jobs he wants to make, each job will cost over $300,000. So will there be a profit on [...]

What’s up with all the Democratic Governors selling out? Richardson Says Withdrawing Nomination Was ‘My Idea’ New Mexico Gov. Bill Richardson declines to answer questions about the specifics of the investigation into possible ‘pay-to-play’ schemes with a government contractor but insists it was his decision to withdraw his nomination to be commerce secretary. Is this [...]

As Obama is going to take office, let’s remember that he is taking this job knowing that the economy is bad. He knows it and he’s still taking the job. There should be no excuse later where he says he just couldn’t do it. It’s plain as day how it is and he’s willingly walking [...]

This article from NewsMax says it all: Lawmakers: Auto Bailout on Verge of Collapse As the Big Three auto chiefs return to Washington to plead once again for a bailout, key lawmakers are saying the deal may already be dead. Republican leaders are resisting any bailout, and Democrats are divided between union advocates and environmentalists. [...]

Get this… No bonus for Wall St execs PRESIDENT-ELECT Barack Obama has chastised US auto executives for being ‘tone deaf’ for flying on corporate jets to Washington to beg for bailout money, and said he believed bank executives should forgo their end-of-year bonuses. … Bank executives forgoing bonuses is ‘an example of taking responsibility,’ Mr [...]

Another plan is on the table maybe: Obama Eyes $500 Billion in Stimulus; Paulson Weighs Ramping Up Aid Again Mr. Obama’s team is putting together a new economic stimulus plan containing more than $500 billion in federal spending and tax cuts over the next two years, Obama aides and advisers said. That package would be [...]

Being an entrepreneur myself, I have to go along with Mark Cuban on this one: President-Elect Obama’s First Big Mistake If we are going to solve our current economic problems, our president needs to get first hand information on the impact his proposed policies will have on real Joe the Plumbers. People who are 1-person [...]

Worth reading: Obama Will Bankrupt Coal Miners & Their Industry Coalminers, plant workers, drivers, machine operators, tool makers, processors, truckers, suppliers, and all of the support personnel that work for truck stops, diners, operate trains and on and on, no matter, they can be sacrificed on the altar of the liberal ideology. They are all [...]