United We Stand Against Marxism
Posted Under: Marxist-Fascist Economic Trends
Obama’s Actions Speak of A Hidden Agenda, Wake Up America!
Historical experience strongly suggests that without a reasonable degree of financial stability, a sustainable recovery will not occur. But the Obama crew understand this part of history but embark on an untried trillion dollar government expansion program to pull the economy out of this tail spin because doing something is better than doing nothing! What the HELL kind of government policy is this? Keep reading there is a method to Obama’s madness!
But President Obama would do well to remember that Roosevelt’s assault on the rich led directly to the recession of 1937-39 – was a direct result of Government program revenue running out, when unemployment soared back up to 19 percent, then full employment for all occurred during World War II. Obama is not concerned with this part of history.
The Obama tax hikes will dampen investment and consumer spending, but he is hiding tax hikes until 2011. Taxpayers are not stupid they know what’s coming, they will find safe havens for their funds even if they have to sit on their cash for the next four years. This is not a bad idea to pull funds out of the economy and out of any institution that accepts bailout funds. Americans can vote with their dollars by pulling them out of these failed institutions as AIG and B of A suck more tax dollars into a dark financial pit, better to have cash on hand while deflation is occurring. When the banks close their doors have some cash on hand!
However, the Obama stimulus package, expanding government like the old USSR, is going to precipitate hyper inflation in coming years. He is more concerned with the opportunity to unleash Marxism on America than to be the steward of the people who elected him. He sees this as his legacy and he can dance the night away while Rome burns! He will achieved his goal as taught to him by Saul Linsky.
Remember the DOW is the reflection of the sentiment of the American people; it has dropped 3,000 points since Obama was elected. I understand the Obama’s have a party at the White House every Wednesday night for the up and comers, after all it’s the peoples house as he calls it, they had line dancing last week, maybe they will do the Limbo-Limbaugh tomorrow. Talk about out of touch with reality; guess again Obama is in touch with ideology. He would rather transform the US into the old USSR than unleash the American people as Reagan did when we came out of the socialist Carter years.
Meanwhile, the treasury announces plans for restructuring the financial system by easing credit to households and businesses. The plan uses $350 billion remaining in the Emergency Economic Stabilization Act for additional spending by Fannie Mae and Freddie Mac. The Dow dropped 200 points below 7,000 for the first time since 1997 on the news of $30 billion more for AIG. Why not throw billions more uncollected tax revenues down these two government rat holes? But if this doesn’t work the Administration has included a placeholder in its budget for more funding for financial stabilization, should it be necessary, another great idea!
How can consumer confidence be rebuilt when the increases in spending and reductions in taxes associated with the fiscal package, spending for financial stabilization, the losses in revenues and increases in income-support payments associated with the weak economy will only substantially widen the federal budget deficit, Obama’s legacy for years to come.
With such large near-term deficits, a return to fiscal sustainability and calming of the 2009 depression fears cannot be stopped. To build consumer confidence in the financial markets requires a plan for the restoration of fiscal balance. The Democratic Congress is drunk with power and can only see how much it can put into its constituency’s pockets to stay in power. To hell with the costs of running large budget deficits for the next four years, lets gamble with and steal our children’s future on an untried fiscal stimulus of trillions.
In the near-term achieving economic recovery is not the intended consequence of the Obama program, it is Marxist economics and redistribution of wealth, to each according to their need from each according to their ability. Obama’s true desire is to achieve programmatic socialist objectives in the face of inconsistent economic policies when viewed as an American. Thes are not inconsistent policies when viewed by USSR standards.
Without fiscal sustainability, and consumer confidence that the American economy is improving there will be only financial instability and depression. Reader think, if you had worked for 25 years funded your retirement plan and now see it back to where it was 12 years ago, how are you going to retire on that?
For over 200 years the American people have lived, breathed and championed freedom, you think Obama can change the fortitude, the integrity, ingenuity of the American free spirit in the next two years to a society with their hand out? I say give me liberty or give me death! How many of you out there are with me!
Lets change congressional representatives and put back a few more conservatives in the Senate. Obama can only sign bills that he is sent from congress, he can’t change America into a Socialist Republic by the executive branch alone. Its up to the American people to wake up and head off this economic disaster, we can do this by calling our elected congressman and senators and telling them. “I’m mad as hell, and I just won’t take this any more!”







