America is in the beginning of a deleveraging crisis which it hasn’t experienced since 1930 and it took a world war to get out of it.  This time there is an inexperienced Marxist-fascist idealist at the helm bent on fundamental change away from capitalism toward communism in response to a catastrophe created by government.  That will extend the recession/depression into the future until the priority is job creation instead of communist ideology and nonsensical rhetoric in a campaign that does not answer policy questions but labels Americans asking for answers as anti unruly dissenters.

Currently the US has 1.7 times the level of debt as compared to 1930, not mentioning the level of derivatives about $1.25 quadrillion that are obviously out of control.  Deleveraging by private sector, reducing debt level, is overwhelming the government stimulus. Businesses and Americans for that matter to survive in these uncertain times are cutting their debt, liquidating assets and only spending on the essentials. Aggregate private debt is $2 trillion or 5% deleveraging creating a $100 billion cut in demand, at this time.

Government developed the TARP program for banks to help reduce debt of its customers and the only way to access TARP funds is to reduce by 30 percent, the amount of debt of its most distressed customers.  This takes time and will cause further bankruptcy while businesses await recovery of demand that is not returning.

Bank nationalization, allowing larger banks to gobble up the more insolvent institutions has proven to make profitable the big banks Goldman Sacks, Wells Fargo, and Bank of America, by acquisition of assets of debtors at bargain basement prices, with the assistance of the government, thereby creating an ever greater ability of a smaller group of banks to monopolize the credit system which is set up to pump out as much debt as possible thereby making as much profit as possible for their big banker owners.

Easy credit, cheap money and massive borrowing caused the problem; a continuation of government debt has proven that jobs are not created, a continuation of the big banks and governments creating more debt through refinancing and more leverage at artificially low interest rates will not create more jobs.

The fundamental structure of government regulation that led to this financial catastrophe must be changed.  Government must back away from nationalizing private institutions and promote capitalism. Thereby creating an atmosphere for the business sector to understand that there will be no disincentives for increasing production, that employment with added union incentives and higher payroll taxes and higher capital gains taxes, and higher income taxes, if your sub-chapter S corp. makes over $250,000, which is just about every small business, a recovery will not happen in a state of fear.  The outcome of Obama’s policies is that American businessman will not venture into the creation of jobs unless there is certainty that the government meddling will stop.

Comrade President Obama and his unconfirmed cabinet of communist czars are rubbing their hands at the opportunity to socialize capitalism.  The problem as communists see it is freedom for business to prosper in an environment that supports job creation, the expansion of manufacturing, the benefits associated with creating profit from business enterprise.  However, businessmen who risk their talents on their perception of what Americans want and are willing to provide goods and services to meet that anticipated demand are not stupid.

What is happening, as Comrade Obamas attempts to reorder society’s priorities by mandating green job creation in a market place that does not support or incentivize this yet to be determined demand is more uncertainty.  But the demand is coming for green, people will be planting victory gardens as they did in the 1930’s!

The rise in power prices from cap and trade and taxation of all forms of energy production, not to provide more efficient production of energy resources but to artificially create demand through government disincentive, is a job killer.

Under the new communist policies of Comrade President Obama the revolution he was looking for in fundamentally changing America is backfiring.  Americans are becoming mad as hell, it’s the economy stupid!

The more his charismatic theatrics and bloviating campaigning for more government control intensifies, the greater revolt from every day Americans who want a job, will blow back in his face a revolution the size of which has never been seen before in American Politics.

Amidst Obama’s lower and lower job performance ratings and a disgusted public catching on to his communist agenda, the real culprit in this credit crisis is government itself for allowing the unregulated government institutions of Fannie mae and Freddie mac that ran the secondary credit market to purchase garbage from wall street and resell it world wide is going free.

Comrade President Obama with your communist bureaucratic czars attempting to reform America into a Cuba, a Venezuela, a Russia, by not reforming government to an effective and effective institution to work cooperatively with the private sector, more economic chaos will result.  The momentum of this chaos is directly related to the greater government intervention you seek.   The harder you blow the more the sails of counter revolution will fill and the ship America will sail faster and faster toward solving this problem without you!

Americans no matter the party want to generate wealth, prosperity and provide for their families. The only thing standing in their way is your administration and any liberal congressman that offers more government instead of freedom for the private sector to create jobs.

When the priority is jobs, not health care, not cap and tax, not global warming, not nationalization of banks, financial institutions, the auto industry, not more unions but PRIVATE SECTOR JOBS then America will get back on track.  Communism is not a job creator but a job killer.

This is the important question for Americans you can experiment with the economy of the state but will you experiment with your own life and that of your family?

It appears Americans are doing just that, yielding to the sleep of words from the teleprompter mouth piece of the State surrendering body and soul to the sickness of a man’s radical ideology because he sounds so reasonable, is so articulate and attractive and willing to break from the past and provide a transparency to government so that all could have firsthand knowledge of pending legislation.

So all could participate in changing America, into a new society where all could participate in the redistribution of wealth.  A man who promised openness in the White House, who promised to do away with politics as usual and bring all stake holders into the discussion so that he could bring fundamental change to America.

In the first six months of his administration we have found that his words were, a means to a communist end. Or rather Americans just misunderstood him because the ambiguity in context of traditional terms of American values and the constitution, which Comrade President Obama took an oath to protect, would cut towards prosperity, openness freedom and liberty but his words were a cover for his Marxist-fascist sickness.

Freedom and liberty are for the State to provide on behalf of the PARTY members and media cling-ons who hope to participate in PARTY hierarchy by providing political propaganda news coverage in the main stream media.

Americans are not given time to read bills as promised, but are met with hostility when asking for an explanation and reasoning behind pending legislation, they are called names effectively categorizing them into groups of dissidents rather than respecting them for the power they allow their representatives to yield.

Obviously, Comrade President Obama is a fraud.  He is sick and carrying within him his philosophic madness, fully intending to infect all Americans by either direct contact or through the air waves.

The administration’s “Green Jobs” czar, Van Jones, himself stated in a 2005 interview his environmental activism was a means to fight for racial and class “justice,” and that he was a “rowdy black nationalist,” and a “communist.”  How can Americans expect to get back to work in an severely weakened economy with communists running the government, putting the American economy in massive debt from which there is no recovery.

As Americans wake up in a state of illness, menatlly stressed that sickly thinkers are in charge of their destiny, that their health consisting of freedom of choice and liberty from PARTY dictates, is now so infected with a disease so devastating they wonder if they and their families will survive this mental viral contagion now being administered in monumental doses by the State run media.

In weakness, or reversion having taken stock of this morbid condition that will push America into obscurity from a place when in times of good health the spirit of pride in the accomplishments of this nation and the freedoms it has created by sacrificing the blood and treasure of its citizens, one remembers to look with a sharper eye at the intrinsic foundation, at their own inner strength that this illness is a calamity brought on by hitherto unhealthy thoughts.

The unconscious disgusting ideology governed by mountains of misunderstandings from media outlets that provide the voice of the Messiah are being seen from a sick bed as the root cause of this illness from those delirious few who have awakened to the facts.

Either the body constitution of all classes, colors and creeds recognize that the infection being wrought upon American society will kill it, as it is now dying with symptoms of unemployment, nationalism, home foreclosures, bank failures, and  run away government spending people must get up off their death beds and answer one question.

What is the worth of existence if on the whole such Marxist-fascist parasitic affirmations historically proven to murder their very host, be allowed to gain full control of the one country in the world that promotes and provides a beacon of freedom and liberty for all peoples?

If her people were to lie down powerless with a disease of their own making and allow their constitution and sovereignty to be taken given a premonition of the end of days, with their will exhausted by impoverishment, would there not be one man willing to go forth and venture on the judgment that what has been considered “truth” is the very root and cause of this infection.

Man must have the courage to follow his suspicions about truth to their ultimate conclusion and if answers are sought and withheld or given but masked in political jargon then the only cure is inoculation that will kill the Marxist-fascist parasite for the collective health of all peoples, races and mankind in general.

It is high time for the Marxist-fascist parasites to be rooted out and eliminated before the host is killed.

Based upon Comrade Presidents Obama’s nationalization of the banking sector of the once free American capitalist economy, financial assessments must be viewed based on the Government controlled assets.  Lets see how they are performing:

J.P. Morgan Chase, an amalgam of some of Wall Street’s most storied institutions, now holds more than $1 of every $10 on deposit in this country. So does Bank of America, scarred by its acquisition of Merrill Lynch and partly government-owned as a result of the crisis, as does Wells Fargo, the biggest West Coast bank. Those three banks, plus government-rescued and -owned Citigroup, now issue one of every two mortgages and about two of every three credit cards, federal data show.

Larger government control of the financial sector is here to stay.   Government will pick the winners and losers based upon partisanship and support for the Democratic Party’s policy’s.  The American market is no longer free it is now a government favored market ensuring that the greatest amount of banking control of the private sector is done by government controlled banks.  Competition will not be allowed by the Fed.  It will not give preferential rates to private banks who in conglomeration could compete with the fully controlled government institutions thereby reducing revenue from the amalgam of wall street owned institutions

Free market competition is a thing of the past, it is now controlled by government  for the benefit of the people, not by the people for their own benefit.  A liberal progressive agenda has completed a coup d’etat of the US government that has replaced freedom and liberty with  Marxist-fascist programs.

American reporters are nothing but a bunch of blond cheerleaders who are fed information in the dark and do not know enough math to figure out their days too are numbered, but they only know what they are told told to believe and to them the economy is now growing.  When economist projections and the real world facts they diddle with look to make a move they were too inept to interpret they get their pom- poms out and start cheering!

What are they cheering about, lets take a look:

Four straight quarterly declines in GDP, which measures the country’s total output of goods and services, mark the first time that has occurred on government records that date to 1947, BUT the  fourth consecutive decline, was far smaller than the previous two quarters. The good news is that it was stronger than the 1.5 percent decline that private economists “believed” would occur.

Economists believe the unemployment rate, currently at 9.4 percent, will keep rising through the spring of next year. Christina Romer said Tuesday (she believes) the unemployment rate is likely to keep rising and hit 10 percent this year.

Corporate inventories were cut more than initially estimated, that weakness was offset by upward revisions in other areas.  Inventories need to  be cut to the bone if no one is buying it keeps costs down, as does laying off employees.

What could the upward revisions be?  Government intervention!  Lets forget about the taxes needed to keep government alive, the massive debt balloon hasn’t hit yet but public financed tax spending is what is slowing the decent into a make believe recovery.

Government found that consumer spending didn’t fall as much as they “believed” it only fell at 1 percent, economists believed that 1.5 percent was going to be the fall in consumer spending.

But the  true bright spot is government billions in the cash for clunkers program and the $787 billion stimulus Government cash programs that  are “believed” to spur the economy.

Sales of new and existing homes have risen but are nothing compared to the actual number of national foreclosures.

The only business that is booming is Government!

With Social Security facing deficits within two years, per US Rep Spencer Bachus, Canada’s health care system on overload due to government underfunding – cutting medically necessary procedures like vascular diseases, and an economy falling deeper in the debt tank of no return, liberals in Congress are full speed ahead with the Marxist-fascist Nationalization of American health care!

Only ideologues bent on a-communist-like party control of Americans lives are betting all their political capital, intent on pushing through a big brother government financed health care plan.  Reality matters little to these “in power fascists,” they see the future of the PARTY at stake!  A PARTY that only listens to the statists, that portrays any who disagree with its Marxist goals as extremists, characterizing them not as Americans but some fringe group whose voice must not be considered valuable as if this were communist Russia instead of the USA.

With all the examples of government programs in the financial toilet, not one can be held up as an example of efficiency, cost effective, or well managed.  With this as a fundamental our Marxist-fascist President is betting all his political capital on a State run health care program come hell or high water!  He is only proving his Marxist-fascist ideology to an ever more frightened American Public.

David Plouffe, who ran Obama’s triumphant 2008 election campaign, and now steers the Organizing for America supporter network, says to supporters, “This is a critical time in this president’s administration and in the history of our country. I hope you can join us.”

With PARTY funding running at six times that of the American public the media showdown on health care is about to take place.  With congressmen being inundated at town hall meetings more than they have ever experienced in history against the public health care option, they as their Marxist-fascist Comrade President will not be stewards of the public majority but are intent on mandating government control over societies most vital services concerning life and death.  After all, if you can’t take it from the people who can you take it from?

For the first time since the civil war congress is contemplating a political decision as if it were do or die not on behalf of the American people but on behalf of the liberal left statists.  The President is ginning up his community organizing wing of the PARTY to paint red any who disagree.  “We the people” are now “We the PARTY” and any disagreement with the PARTY will be met with severe political tongue lashing.  He plans to cow the masses into subservience just as the Nazis did in 1938 in their promotion of fascism on the German population.

With unemployment running at 600,000 per month, 30 million on food stamps, the economic stimulus a joke for any small business development, with higher employment taxes, the cap and tax on energy projected costs to rise 30% to 40%, the card check legislation to allow unions to take over private businesses mandating more dollars than any small company can pay to survive, the economy cannot recover in an atmosphere of complete fascist government control.  If the White House truly believed that small business were the engine of America there would have been some incentive given to demonstrate that understanding more than off the cuff political rhetoric.

What has been shown is contempt for the capitalist system in favor of trillions in bailouts to large corporations, nationalization of industry, promises to tax those with the capital to initiate business, and a growing climate of despair among Americans that there freedom and way of life as they have known it is over.  In the face of depression the iron fist of government regulation is intent on grinding the economy to a slow halt.  It is happening at this very moment in history but the Nazi ideologues care only for government control of the people at the expense of their own livelihoods.

Consider Comrade President Obama’s comments last week, “UPS and FedEx are doing just fine. It’s the Post Office that’s always having problems.”  Comrade Obama comparing the US Postal Service with the private sector UPS and FedEx as if to down play the fear of public health option.

But a health care system run like the post office, which can’t stay in business without government subsidy, a money losing proposition, somehow this is the shining example of government run efficiency to assuage public concerns over public run health care?  With the USPS unable to compete with the private sector Americans should choose the Comrade Presidents public health care option that will require higher taxes to subsidize another poorly run government enterprise?  With life and death decisions in the balance who in their right mind would choose this option?

If the private sector in health care is self sustaining and if the taxpayers will be required to keep afloat a new public health care system that can’t compete with private insurers what the hell is the Comrade President Messiah talking about in this example?

Either he is a fool or an ideologue or both!

One thing is for certain – there is a domestic enemy intent upon destroying the American economy, and freedom of choice as well as life liberty and the pursuit of happiness.  Let us pray that those who lost their lives for freedom and liberty did not do so in vein, so that liberal terrorists could enslave Americans today, when America tore itself away from the same tyrannical government control 233 years ago.

Remember today is as important battle for America as the Battle for Independence in 1776!

The White House has gone on the offensive against the American people and it has resulted in bringing the Messiahs popularity back to planet earth!  By encouraging dialogue on the healthcare then criticizing those who are not falling in line with his rhetoric, Comrade President Obama is openly fighting with the American people!

While preaching free speech and transparency his Presidency has turned into a Marxist-faschist propaganda machine aimed at the unbelievers.  The grey haired moms and dads that have come out to present reasonable arguments on health care reform are labeled right wing extremists by the party in power!  While demonstrations by SAIC and ACORN with their professional signage and matching logo tee shirts are seen as main stream by this Administration, these folks are not labeled left wing loons but considered normal folks.

Comrade President Obama’s Marxist-fascist tactics taught by his Chicago Marxist mentor Saul Alinsky are being used against those dissenting taxpayers tired of the outright theft of  America’s revenues to nationalize business.  Now the Marxist government hacks have public opinion running against them in the health care debate and the President is fighting back with totalitarian tactics.

In true totalitarian style, the White House is compiling an “enemies list” of Americans who are not in sync with Comrade President Obama’s nationalized health care takeover.  The White House’s blog Wednesday asked Americans to turn in their fellow countrymen to the state run White House where a list of naysayers is being compiled. The blog’s email address, flag@whitehouse.gov, asked for users to forward anything “on the web about health insurance reform that seems fishy.”

If our Comrade President only had the power to put these health care dissenters in chains and throw them into prison then he could get his health care agenda through the democratically controlled congress where a majority exists in both houses!

If former President Bush had been this blatant using totalitarian tactics you can bet ACORN and SAIC would be out with Hitler signs, burning the president in effigy and getting their faces plastered all over the news, but not so with the White House controlled news media.

Guess who the true Nazi Party is NOW!

Comrade President Obama’s poll numbers have plummeted to 50% in the first 200 days, lower than President Bush at the same time period of his presidency.

While Americans want employment all they can see from the White House is more government expansion, to be administered by bureaucrats that could not find employment in the private sector but seek power to make life and death decisions over Americans lives.

The inability of Comrade President Obama to make the case for health care reform is due to the fact that his proposal is not rooted in common sense or dollars and cents.  It is becoming clear that  his Marxist-fascist ideology comes before jobs, economic recovery and public transparency.

The revolution we talked about months ago is now starting to scare the progressive Democrats in their town meetings on healthcare.  They have riled up the silent grey haired majority and who are bringing their adult children to meetings and asking for answers but they are getting nothing but labeled extremists for asking questions of their elected representatives!

This is not democracy it is totalitarianism!

Americans are tasting tyranny for the second time since 1776, the Second Revolution has begun!

When White House spokesman Robert Gibbs was asked why questions for Wednesday’s town hall on healthcare were being selected beforehand, his evasive answer finally was called out by two reporters, Helen Thomas and Chip Reid.

After the press conference, Helen Thomas told CNS News that Obama’s grip on the media is even greater than that of Richard Nixon. “We have never had that in the White House. I’m amazed that you people … call for openness and transparency.”

“Nixon didn’t try to do that. They couldn’t control [the media]. They didn’t try that. What the hell do they think we are, puppets? They’re supposed to stay out of our business. They are our public servants. We pay them. I’m not saying there has never been managed news before, but this is carried to fare-thee-well – for the town halls, for the press conferences. It’s blatant. They don’t give a damn if you know it or not. They ought to be hanging their heads in shame.”

The Obama admininstration’s fascist propaganda tactics to pass more tax increases this time healthcare while holding his hand over the presses’ mouth has finally come to raise an eyebrow on National TV.

The real questions is are there only two of them out there in the main stream media that get it?

As the US borrows $2 to $3 billion per day from mainly China and Japan to maintain the worlds largest growing totalitarian government in an effort to keep the highest global standard of living based upon conspicuous consumption, the economy continues its tail spin.  At a time of growing world shortages and monumental debt creation this government induced trial at economic recovery is not sustainable.

It appears that the American people are waking up,”the latest Rasmussen daily tracking poll shows that President Barack Obama for the first time has a negative approval index — more Americans disapprove of his job performance than approve”

“In an exclusive Newsmax interview, pollster Scott Rasmussen also disclosed that, if the economy does not improve over the next year, Obama’s numbers will deteriorate even further — and Democrats will suffer in 2010.”

As the USA falls to the totalitarian Marxist-fascist agenda is it any wonder the words of Winston Churchill have been forgotten.  He once said, “socialism is the equal sharing of misery, capitalism is the unequal sharing of blessings.”

Much has been wrong with the capitalists practicing it lately, but much of the blame has to do with the Congress and Senate that were told of pending economic problems but were more concerned with steroid use by professional base ball players than delving into partisan appointments to agencies such as Fannie Mae and Freddie Mac where crimes were and still are taking place in concert with wall street.  Just like the media’s playing Michael Jackson while the greatest tax increase in history affecting all Americans for generations taking place, and not a word from the main stream media.

But what is important? Where are the inquiry’s into federal bureaucratic misdoings that precipitated the financial melt down? At what point does the government look to its own failings that helped cause this economic melt down?  Government under complete liberal control has become a totalitarian state, and the people are suffering as a result of government policy.

Wall Street and big business are the ones to get fat on the Cap and Trade legislation to retrofit America with $800 billion dollar propellers, while the climate trend is cooling and supporting EPA documentation of this fact is suppressed by the Comrade General and Chief.

The wide spread suffering by all has not yet started but there is nothing that can stop the economic dominoes from falling when government places ideology above common sense elementary economic principals.  Principal one, when you print dollars and purchase your own treasury bills to keep mortgage rates low inflation is the direct result; two, government does not create jobs it taxes private individuals for money to operate, this causes a drag on the economy; three, government debt at six times GDP when unemployment is increasing to levels not seen since the great depression causes economic growth to slow.

Let us hope the American people continue to awaken to the economic catastrope that has befallen them, and own up to having elected totalitarian dictators that govern by ideology rather than by common sense.  Let us make government fear the people rather than people fearing government, one of the founding principals in the US Constitution.  The real economic suffering from Obamas socialist-totalitarian ideology is beginning but government has not yet started to collect taxes.  When that shoe drops the economy will come to a hault.

People are finally beginning to realize Comrade President Obama’s economic strategy, that by destroying the economy with more government, necessitating feeding off higher taxes and greater foreign debt the resulting damage to business will provide the government with “easy pickens” by rescuing failed firms, actually  nationalizing them.

Although he says he is not in favor of this, as did Hitler, he is not outlining how these firms will again regain their freedom to compete in the market place.  By placing in strategic management positions young campaign associates, actually liberal zealots, with completely no experience other than campaigning, who are leaving in the same positions people that caused business mistakes in the first place.  However, these people are loyal to “the Party.”  While in the example of the auto industry closing republican Chrysler dealerships was the rage, these socialist neophytes act as if they were the Messiah himself, even if they do carry the same arrogance.

So by controlling business via government policy that forces them out of business, they are following the Warren Buffet model of acquisition. He used the federal inheritance tax policy to acquire businesses just before thay were to be taxed to death, so to speak.   Here the Obama fascists are acquiring the too big to fails with government bailout dollars, actually taxpayer funds but held by the government, like Nazi Germany, or Cuba or Venezuela, has done because they are about to go out of business.

Comrade President Obama never tells the taxpayer how the money he has stolen from them will be returned or if it were returned how he would be given back, lower taxes would be out of the question.

Back to the Obama Fascist Model, the new pay czar, an American term now, although truly with dictatorial connotations, is intending new pay scales for all nationalized companies a template to be cast upon all US business.

But one business professional Microsoft Chief Executive Officer Steve Ballmer went to Washington to announce what Microsoft would do if Comrade President Obama’s multinational tax policy is enacted. “It makes U.S. jobs more expensive,” Ballmer said, “We’re better off taking lots of people and moving them out of the U.S.”

If Microsoft, has to abandon the U.S. in order to survive Comrade President Obama’s hunger for greater businesses acquisitions in his drive to socialize America, what companies are going to stay?

Corporate tax rates for US firms are over 10 percentage points higher than other major developed nations.  Although the make up for part of this disadvantage is by a current tax code that allows a business to set up a subsidiary in a low tax country that provides untaxed reinvestment as long as the funds remain off shore. Comrade President Obama and his National Socialist Labor Party in Congress want to penalize international business by taxing this offshore income at US tax rates.  This will completely cripple US business internationally because they will no longer be competitive.

Then when they are about to go bankrupt the government because of National Security concerns will offer bailout money and acquire, oh yes, on behalf of taxpayers, yet another plumb enterprise for its taxpayer portfolio.  What does it matter that they will never see a return but only the loss of freedom, liberty and property.

It doesn’t matter to “the Party,” that this foreign capital investment provides a greater domestic employee compensation, or greater domestic exports and R&D spending that has been backed up by Harvard studies.  What matters to the Party of Marxist-fascist’s is control of American society by seizing corporations in the name of the taxpayer, with the lie that they will somehow benefit or that there will be a pay back.  This is all Dictator double talk and the naive American innocent and unaware are allowing rape, pillage and plunder to happen without a word.

In the worst economic times since the Great Depression Comrade President Obama and his “Socialist Party” are attempting changes that will destroy American business when it is needed most to revitalize the economy.  However, as Microsoft has warned, it will leave America if these corporate taxes are raised and no doubt so will many other corporations in a effort to survive the Obama-Nazi Purge of capitalism from the shiny shores of America.  America will be left with such a debt and such taxation that its children will read about “Glory Days” of American history, if the State allows such books to be read in schools!

With six million jobs lost since December 2007, the Obama administration pointed to the slowdown in May’s job losses as proof that its $787 million package of spending measures was stimulating the economy.

They did not indicate that this was a of sign of renewed economic vigor, but a slowing of only 345,000 jobs lost in May, with the unemployment rate spiking to 9.4 percent.  The economy lost 504,000 jobs in April and was running about 600,000 jobs lost for the first quarter of this year.  Reports indicate that this is the highest unemployment rate in more than a quarter-century in America.

The Obama administration cannot blame the socialist steps it has taken as a way of showing that the economy is trending to turn around because of less jobs lost per month.  It is when people are getting hired for work, when there are more jobs in the market place opening up then there is a cause to celebrate.

The problem is there can be no cause celeb because government jobs will not and cannot create job growth only the private sector can do that.  People forget that government must tax, a disincentive to economic growth, to create jobs in the government sector then must continue to tax to keep those jobs on the books.  When there is not enough tax revenue then government must borrow, which causes bond rates to go up as is happening now.

Imagine today’s reality, home foreclosures are on the rise, unchecked by any Obama administration program aimed at stemming the problem, thus, real estate prices are falling further, adding to the losses and uncertainties confronting banks. Add to this the fact that bond rates are increasing hitting their highest rate in six months because of government borrowing and in some cases, the Fed is actually buying its own treasury securities.  This insanity causes inflation, but back home for the unemployed how can that help.

The cost of food, clothing and mortgage loans are on the rise.  For those 33 million people out of work, more closely 10% of the population, the cost of purchasing the necessities of life is inflating because of the Obama Administration socialist policies.

At least most Americans have TV’s and can watch and listen to the words of the President Comrade Messiah  in Chief while the cost of their basic food items increase, and when the cap and trade tax and the global warming tax happen they may have to shut their TV’s off because they can’t afford the power bill.

The cost to keep the federal government growth sustained will require a subversive financial commitment by elected and appointed officials who happen to have government job security.  Only when the American TV fed alcoholic hit bottom will they realize what a mess they have made of America by electing a Marxist-fascist Dictator intent not on what is best for America but what is best for his ideology.

Still the TV talking heads do not quite get it, they can’t grasp the contra arguments to the leftists, but they are awakening, yet they will be turned off by the dictatorial administration in the next few months, as the federally funded community organizers begin to infiltrate the public and private airwaves.  As they, through the census now under executive branch control, create an outreach program the likes that only Nazi Germany has seen.

At least Americans still have the right to vote but that vote is and will be propagated, administered and managed by the National Socialist American Worker’s Party.

The theft of Public funds by two Fascist Presidents of the United States will finally go on trial in the Supreme Court.

Last fall Congress approved and President Bush signed the law creating the $700 billion Troubled Assets Relief Program (TARP). Congress specifically said the funds could only be used for financial institutions such as banks, insurance firms and credit unions. However, TARP money was used by the Bush administration to provide a $13.4 billion bridge loan to GM and a $4 billion loan to Chrysler.

In March, Comrade President Obama told America,  government would guarantee the warranties for new cars sold by GM and Chrysler, expanding government fascist control in the name of the auto bailout. He also forced the removal of GM CEO Rick Wagoner and announced that Fiat would be purchasing Chrysler, with no legal authority and against congressional provisions.

In early June Comrade President Obama announced the federal government would be spending $30 billion on GM and taking ownership of 60 percent of the company and giving union workers a 17 percent stake in the company ahead of the secured interest of the Indiana pension fund holders.

The Indiana suit addresses this issue by raising the inequity in the deal as structured.  If the United States is a country based upon the rule of law where contracts are to be honored,  what kind of new society is Comrade President Obama leading this Country into, if by government fiat (no pun intended) it can unfairly favor the interests of the company’s unsecured stakeholders ahead of the secured stakeholders, such as the holders of Indiana pension funds?

This action puts the new National Socialist American Worker’s Party in complete control of the Auto Industry and the precedent to continue nationalizing any area of the American economy in the name of “The Party.”

The U.S. District Court ruling further states, “Plaintiffs’ arguments have even more persuasive force given that a bill, HR 7321, specifically designed to authorize the distribution of TARP funds to auto manufactures passed the United States House of Representatives.” “Passage of that bill by the House, even though not ultimately enacted, raises the question of why was such a bill necessary if the Act already authorized the distribution of TARP funds to the auto industry?” the court continued.

However, U.S. Bankruptcy Court Judge Arthur Gonzalez ruled on June 1 that Indiana did not have the standing to challenge the use of TARP funds. The court of appeals issued a ruling late Tuesday accepting the case.

The Indiana pension funds added: “The Government’s action is not authorized by any statute, including TARP, and violates the unambiguous provisions of the Emergency Economic Stabilization Act (the “EESA”) and the Constitution of the United States.”

The President’s violation of federal law ‘breathtaking’

The agenda of Comrade President Obama is quite clear, and should be a wakeup call for those liberal progressives blind to the unlimited power grab by the executive branch.  How can their liberal Marxist-fascist President pit one class of unions, the Indiana teachers, against a union who contributed to his campaign, the UAW, while a foreign corporation, Fiat, receives a financial windfall of at essentially no cost?

There is only one answer, Comrade President Obama principals lie with a new society based upon Marxist-fascist authoritarian rule, let us pray that the supreme court see’s Obama for what he is and for what he is planning to do to American society, and stop this shift of power from the people to the Dictator in Chief.

The Indiana lawsuit is significant because it is the only litigation challenging the constitutionality of this auto bailout, said Andrew Grossman, senior legal policy analyst at The Heritage Foundation.