This video speaks for itself. You need to listen to this.
Showing posts with label obama. Show all posts
Showing posts with label obama. Show all posts
Thursday, May 14, 2009
Tuesday, March 31, 2009
Obama / Auto Bailout -- the new quid pro quo
[read the Olympian article here]
I hope all of the auto manufacturers reject Obama's bailout money and if needed declare bankruptcy. Once the debt is reduced, private investors will come in and purchase the real market value of your company. Your company won't continue with the vision that you had in mind, but it will continue with a vision of prosperity, not of Obama's vision of socialism.
The instant that you accept the money from the United States Government, you have sealed your fate of predestined failure -- and worse you have sealed America's fate of having to subsidize your industry forever.
Governments shouldn't be involved in the private sector. Perhaps if the bailout came with no strings attached, such as a low- or no-interest loan, then I could go along with the idea. However, there are strings attached and that string is an anchor that will forever plague your companies.
The strings are that the government will tell you what to do, how to run your company. It's not enough that they regulate and tax you to bankruptcy, now they want to extend you credit and own you. Bankruptcy is a preferred alternative.
Obama keeps saying that he doesn't want to run the automobile industry, but he has already fired Rick Wagoner, former CEO of GM and he is touting that your companies haven't embraced the alternative energy and is not moving fast enough. President Obama said, "our auto industry is not moving in the right direction fast enough to succeed". Read: I'm going to start telling you what to do.
I hope all of the auto manufacturers reject Obama's bailout money and if needed declare bankruptcy. Once the debt is reduced, private investors will come in and purchase the real market value of your company. Your company won't continue with the vision that you had in mind, but it will continue with a vision of prosperity, not of Obama's vision of socialism.
The instant that you accept the money from the United States Government, you have sealed your fate of predestined failure -- and worse you have sealed America's fate of having to subsidize your industry forever.
Governments shouldn't be involved in the private sector. Perhaps if the bailout came with no strings attached, such as a low- or no-interest loan, then I could go along with the idea. However, there are strings attached and that string is an anchor that will forever plague your companies.
The strings are that the government will tell you what to do, how to run your company. It's not enough that they regulate and tax you to bankruptcy, now they want to extend you credit and own you. Bankruptcy is a preferred alternative.
Obama keeps saying that he doesn't want to run the automobile industry, but he has already fired Rick Wagoner, former CEO of GM and he is touting that your companies haven't embraced the alternative energy and is not moving fast enough. President Obama said, "our auto industry is not moving in the right direction fast enough to succeed". Read: I'm going to start telling you what to do.
Thursday, March 5, 2009
Obama gives investment advice
In case you didn't know, Obama's advice is to buy more stock now -- it is at such a good price. Is this perhaps a ploy to try and stimulate the market, and then take credit for stocks rising? Anyway, had you bought on his advice you would be about 3% poorer now. You would be a little bit closer to relying on the government to bail you out. Either way, Obama wins.
Stock Market down 20% since Obama took office
The stock market has fallen over 20% since Obama has taken office. Clearly wall street has not responded well to President Obama's capitalist-snuffing policies. Every president wants to take credit for a good economy, but President Obama does not want to associate the stock market's indication that his policies will fail.
Monday, March 2, 2009
Chris Matthews does not respect our 'System'
Chris Matthews says that he thinks Obama will fail because of our system, and that America needs to respect a Democracy, a simple majority. Chris Matthews needs a lesson in our government and should understand why our framers made our form or government a republic. See his comments below and then the video about governments.
Sunday, March 1, 2009
Limbaugh is a Patriot
Rush says what we are all thinking. We should take note, stand up and let our voice be heard.
Wednesday, February 18, 2009
I'm Scared: Obama's Plan Won't Work
President Obama is planning to spend $75 billion to prevent up to 9 million Americans from loosing their homes. This is yet another show of arrogance from our leader, and a "plan" that is not very well thought out. He thinks that he is the one that can "save" America.
Hey, I've got news for you buddy, these people can't be saved. You see, when you buy a home, the first thing everyone must do is honestly prove to themselves that they have a plan to repay the loan. These people bought homes without any plan of repayment.
In general, they are not experiencing emergency setbacks, they are experiencing stupidity and GREED. These people gambled that the housing market would keep appreciating and they took out loans that they never intended to repay. What's worse is the government loosened the banking regulations that allowed them to do it.
So now, President Obama wants to help these people out by restructuring their loans. Guess what? These people don't have a shred of financial responsibility and absolutely deserve to loose their homes. They deserve to be tenants, and the more financially conservative investors deserve to buy their homes at a deep discount. And while I'm at it, the banks that lent the money to these morons, deserve to go out of business.
President Obama, quit trying to save those that can't be saved. No they can't!
Tuesday, February 17, 2009
New Debt for Your Children
Ultimately, this 'plan' will give Americans a hangover much worse than the collapse of the financial system and our housing market. This plan simply does not address the underlying root of the financial problem at hand, and it puts government in control of how to spend our money -- never a good idea.
More evidence is the stock market moved against President Obama today; the market would have moved up if it was optimistic about the plan. Apparently the financial wizards of America don't think this is a good deal for America. It's a foreshadowing of tougher economic times.
Government should be adding more money into the financial system for refinancing of sub-prime mortgages, and suspending the mark-to-market rules for real estate appraisals. We are faced with a 10 trillion dollar problem (or more). A mere 800 billion dollars will not fix the problem. It can only prolong and exasperate the inevitable. In addition to bolstering the financial and housing crisis, government should be providing real and tangible tax rebates to individuals. And government should get out of the way of private business.
This stimulus package has only one ending: more government, more taxes, poorer America. Thanks President Obama, we will remember.
R. Scott Roberts : Political Activist
R. Scott Roberts : Political Activist
Monday, February 9, 2009
Fear-Mongering Obama Scares Nation into Socialism
Obama breaks his campaign promises of changing D.C. and scares good Americans into beliving in Socialism:
But at this particular moment, with the private sector so weakened by this recession, the federal government is the only entity left with the resources to jolt our economy back to life. It is only government that can break the vicious cycle where lost jobs lead to people spending less money which leads to even more layoffs. And breaking that cycle is exactly what the plan that’s moving through Congress is designed to do.Read the full story.
R. Scott Roberts : Political Activist
Obama Governing with Fear -- another promise broken
Obama wants to pass the pork spending bill so bad, he is willing to break his most fundamental campaign promise: to change Washington and replace fear-mongering. Nice job Barack!
Sent to you by Scott via Google Reader:
via BBC News | News Front Page | World Edition on 2/9/09
President Barack Obama urges Congress to pass his $800bn stimulus plan, warning delay would worsen a "full-blown crisis".Obama's Promise of Change
Has Obama been leading with his promise of change, or is he another Washington D.C. hypocrite? You decide.
R. Scott Roberts : Political Activist
Friday, January 30, 2009
Obama Speaks, Dow Falls
President Obama has been spewing venom towards Wall Street the past few days, and now he is working to cripple business by supporting labor unions. Today he said, "Organized labor is not the problem, it is the solution."
It is the solution to get us moving towards Socialism, not the solution to rehabilitating the economy.
The market reacted. The Dow Jones closed today at about 8,000 points, a strong psychological support. I predict that we are ready for another big slide especially if Obama keeps up his current policies and rhetoric. His legacy may be single-handily destroying a crippled US economy.
R. Scott Roberts : Political Activist
Labor Gets a Boost from Obama
Today labor unions got a boost from Obama's formation of a "Middle Class Families and Organized Labor" task force. They have cited how FDR's programs created the working class movement through organized labor.
Obama appointed VP Biden to head up the task force. They are launching a website called www.strongmiddleclass.gov
Obama and Biden keep talking about how this is going to be a cornerstone of the economic recovery plan and that this is going to strengthen our economy.
From my standpoint, I don't know one business owner that wants to operate under the constraints of organized labor. If I owned a business that wanted to go union, I would close it. Look at Boeing. Why do you think that they are laying off workers and outsourcing to other countries? Labor unions break companies. Unions foster complacency not productivity.
"People want a white house that creates an environment where the middle-class share in the success of corporations." Joe Biden.
R. Scott Roberts : Political Activist
Thursday, January 29, 2009
Obama Too Hot for His Suit Jacket
Staffers report that Obama has the oval office heat turned up so hot you could "grow orchids". This revelation comes on the heels of his campaign promises to be more green and that America should tun down their thermostats.
Great leaders lead by example, Obama's mantra: "Do as I say, not as I do."
R. Scott Roberts : Political Activist
Visit msnbc.com for Breaking News, World News, and News about the Economy
R. Scott Roberts : Political Activist
Thursday, November 20, 2008
Obama's Many Promises
Apparently the Investor's Business Daily tracked some of Obama's many campaign promisses and printed the list. I was emailed this list. Perhaps one of you will feel the urge to track if he lives up to his promises or not. Here is the email I received:
A Checklist Of Obama's Many Promises
By INVESTOR'S BUSINESS DAILY | Posted Monday, November 10, 2008 4:20 PM PT
Few presidential candidates have made more specific promises to American voters than Barack Obama. They came so fast and furious in the latter part of the campaign, you'd be excused for not keeping up. So as a public service, we've put together a handy checklist of some of the biggest Obama promises — culled from his "Blueprint for Change," his campaign speeches and advertisements. Clip it. Save it. And see how he did in four years.
Taxes
• Give a tax break to 95% of Americans.
• Restore Clinton-era tax rates on top income earners.
• "If you make under $250,000, you will not see your taxes increase by a single dime. Not your income taxes, not your payroll taxes, not your capital gains taxes. Nothing."
• Dramatically simplify tax filings so that millions of Americans will be able to do their taxes in less than five minutes.
• Give American businesses a $3,000 tax credit for every job they create in the U.S.
• Eliminate capital gains taxes for small business and startup companies.
• Eliminate income taxes for seniors making under $50,000.
• Expand the child and dependent care tax credit.
• Expand the earned income tax credit.
• Create a universal mortgage credit.
• Create a small business health tax credit.
• Provide a $500 "make work pay" tax credit to small businesses.
• Provide a $1,000 emergency energy rebate to families.
Energy
• Spend $15 billion a year on renewable sources of energy.
• Eliminate oil imports from the Middle East in 10 years.
• Increase fuel economy standards by 4% a year.
• Weatherize 1 million homes annually.
• Ensure that 10% of our electricity comes from renewable sources by 2012.
Environment
• Create 5 million green jobs.
• Implement a cap-and-trade program to reduce greenhouse gas emissions.
• Get 1 million plug-in hybrids on the road by 2015.
Labor
• Sign a fair pay restoration act, which would overturn the Supreme Court's pay discrimination ruling.
• Sign into law an employee free choice act — aka card check — to make it easier for unions to organize.
• Make employers offer seven paid sick days per year.
• Increase the minimum wage to $9.50 an hour by 2009.
National security
• Remove troops from Iraq by the summer of 2010.
• Cut spending on unproven missile defense systems.
• No more homeless veterans.
• Stop spending $10 billion a month in Iraq.
• Finish the fight against Osama bin Laden and the al-Qaida terrorists.
Social Security
• Work in a "bipartisan way to preserve Social Security for future generations."
• Impose a Social Security payroll tax on incomes above $250,000.
• Match 50% of retirement savings up to $1,000 for families earning less than $75,000.
Education
• Demand higher standards and more accountability from our teachers.
Spending
• Go through the budget, line by line, ending programs we don't need and making the ones we do need work better and cost less.
• Slash earmarks.
Health care
• Lower health care costs for the typical family by $2,500 a year.
• Let the uninsured get the same kind of health insurance that members of Congress get.
• Stop insurance companies from discriminating against those who are sick and need care the most.
• Spend $10 billion over five years on health care information technology
A Checklist Of Obama's Many Promises
By INVESTOR'S BUSINESS DAILY | Posted Monday, November 10, 2008 4:20 PM PT
Few presidential candidates have made more specific promises to American voters than Barack Obama. They came so fast and furious in the latter part of the campaign, you'd be excused for not keeping up. So as a public service, we've put together a handy checklist of some of the biggest Obama promises — culled from his "Blueprint for Change," his campaign speeches and advertisements. Clip it. Save it. And see how he did in four years.
• Give a tax break to 95% of Americans.
• Restore Clinton-era tax rates on top income earners.
• "If you make under $250,000, you will not see your taxes increase by a single dime. Not your income taxes, not your payroll taxes, not your capital gains taxes. Nothing."
• Dramatically simplify tax filings so that millions of Americans will be able to do their taxes in less than five minutes.
• Give American businesses a $3,000 tax credit for every job they create in the U.S.
• Eliminate capital gains taxes for small business and startup companies.
• Eliminate income taxes for seniors making under $50,000.
• Expand the child and dependent care tax credit.
• Expand the earned income tax credit.
• Create a universal mortgage credit.
• Create a small business health tax credit.
• Provide a $500 "make work pay" tax credit to small businesses.
• Provide a $1,000 emergency energy rebate to families.
Energy
• Spend $15 billion a year on renewable sources of energy.
• Eliminate oil imports from the Middle East in 10 years.
• Increase fuel economy standards by 4% a year.
• Weatherize 1 million homes annually.
• Ensure that 10% of our electricity comes from renewable sources by 2012.
Environment
• Create 5 million green jobs.
• Implement a cap-and-trade program to reduce greenhouse gas emissions.
• Get 1 million plug-in hybrids on the road by 2015.
Labor
• Sign a fair pay restoration act, which would overturn the Supreme Court's pay discrimination ruling.
• Sign into law an employee free choice act — aka card check — to make it easier for unions to organize.
• Make employers offer seven paid sick days per year.
• Increase the minimum wage to $9.50 an hour by 2009.
National security
• Remove troops from Iraq by the summer of 2010.
• Cut spending on unproven missile defense systems.
• No more homeless veterans.
• Stop spending $10 billion a month in Iraq.
• Finish the fight against Osama bin Laden and the al-Qaida terrorists.
Social Security
• Work in a "bipartisan way to preserve Social Security for future generations."
• Impose a Social Security payroll tax on incomes above $250,000.
• Match 50% of retirement savings up to $1,000 for families earning less than $75,000.
Education
• Demand higher standards and more accountability from our teachers.
Spending
• Go through the budget, line by line, ending programs we don't need and making the ones we do need work better and cost less.
• Slash earmarks.
Health care
• Lower health care costs for the typical family by $2,500 a year.
• Let the uninsured get the same kind of health insurance that members of Congress get.
• Stop insurance companies from discriminating against those who are sick and need care the most.
• Spend $10 billion over five years on health care information technology
Wednesday, July 30, 2008
McCain Celeb Ad
The first real volley of hardball politics was lobbed by McCain today. It was a television ad positioning Obama as a celebrity not a leader. It's the first McCain has taken the offensive and began to define his candidate as lacking experience. If Obama had to answer the question of experience, what would he say? How important is experience for the President? Post your comments below.
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