Posts belonging to Category Obama

Obama: The Economy is Good

The Dodd-Frank recession has been ongoing for almost two years. There are fears of a double dip recession but since we really haven’t climbed out of the current one, these fears are premature. All of this, in spite of passing a stimulus bill in excess of $862 billion on top of TARP bailouts. A second [...]

Why Mr. Obama Will Never Serve a Second Term

The 2008-2009 Dodd-Frank Recession shrank United States Gross Domestic Product (GDP) by -10.9%. The policies of the Bush and Obama administrations further worsened the economy as unemployment hovers just below 10%. The Obama administration has followed in the footsteps of Franklin Roosevelt and replicated his failure.  Henry Morganthau, Treasury Secretary under Franklin Roosevelt, admitted, “”We [...]

American Observations # 10

The White House called the release of several thousand classified documents by Wikileaks “irresponsible” yet the White House made no effort to stop news organizations from publishing these classified documents.  It wouldn’t surprise me to find the Obama administration behind the “leak” of these classified documents that, for the most part, covered the Bush administration [...]

Obama’s Police State Almost Complete

Obama does not care about or respect the Constitution. It is about power and control. Obama stated in his campaign, “We cannot continue to rely on our military in order to achieve the national security objectives that we’ve set. We’ve got to have a civilian national security force that’s just as powerful, just as strong, just as well-funded.”

Jobs Created and Saved . . . or Imagined and Manipulated

Here, I think we have a case of jobs not “created and saved” as much as imagined and manipulated.

American Observations #7

Mr. Obama is entitled to his own opinion but he is not entitled to his own set of facts.

American Observations #4

The national unemployment rate fell slightly in June: it’s now at 9.5 percent from 9.7 percent in May but expect it to be revised upward in a few weeks.  The unemployment rate did not only basically remain static but it also tells us we have a serious structural problem in our economy made worse by Obama’s [...]

American Observations #3

President Obama promised that health care will not be rationed. Then he carved out $500 billion from Medicare, effectively taking Medicare Advantage away from 22 million seniors. Then, through a recess appointment, Mr. Obama appoints a medical doctor that publicly adores the health care rationing of the British National Health System to run Medicare and [...]

Mr. Obama’s Henchman: Eric Holder

As Mr. Holder announced, in part: “As you all know, the President on Friday reiterated that the first and foremost goal of the entire government is stopping the leak, containing and cleaning up the oil, and helping the people in this region get back on their feet and return to their normal lives . . [...]

American Observations #2

For someone who asked to be held to a higher standard, President Obama does too much whining when he is held accountable.