With Their Own Words Shall They Be Damned...
Folks,
Back in the late fall of last year the OMB (Office of Management & Budget) published an analysis of the US economy in which it predicted that the nation's finances would bottom out within the next few month and, come year's end 2009, the economy would've begun it's economic rebound and recovery. All on its own and all without any further stimulus plans thrown at it.
Of course, for the Obama administration and the Democrats in Congress this just wouldn't do. So they passed their huge and pork ridden stimulus plan which they assured us would truly turn the economy around in record time. Thus the massive increase in debt and the massive growth of the Federal government would be worth it since the economy would be back up and running. Honest. It would. Real soon now.
As expected, things haven't turned out that way. Instead of firing up the economy and creating millions more jobs, the Obama / Democrat stimulus plan has only made things worse. And all those millions of new jobs it was supposed to have created? Well, let's put it this way...
So, we've now thrown away trillions of dollars, indebted ourselves for decades to come, grossly increased the size of the Federal government, made the unemployment numbers worse not better and to top it all off the Obama administration is declaring war on the rule of law. Yeah, that's right, the rule of law. Just look at how Obama and his cronies have run the bankruptcy proceedings of Chrysler.
Per the rule of law, the folks who would have the first dibbs on the remnants of that auto company were its primary investors - not the Democratic supporting unions. They'd get their share but first call would be all those investors who put their money into Chrysler - this includes all those millions of retirees who are dependant upon their investment plans to keep their bills paid. Obama and Geithner have essentially told them to get stuffed. Sadly, so to has the Supreme Court.
No wonder that for the first time in many, many months, more Americans now trust the Republicans as being better able to handle our nation's economy than Obama and his crue.
And when you look at Obama's plans for that "cap and trade" idiocy combined with the Democrats socialist healthcare plans then it's obvious that things are gonna get a lot worse before there's any hope of them getting better.
This folks, is change we can all believe in. Yes, we can.
Madoc
Hat tip: chuckles48
Back in the late fall of last year the OMB (Office of Management & Budget) published an analysis of the US economy in which it predicted that the nation's finances would bottom out within the next few month and, come year's end 2009, the economy would've begun it's economic rebound and recovery. All on its own and all without any further stimulus plans thrown at it.
Of course, for the Obama administration and the Democrats in Congress this just wouldn't do. So they passed their huge and pork ridden stimulus plan which they assured us would truly turn the economy around in record time. Thus the massive increase in debt and the massive growth of the Federal government would be worth it since the economy would be back up and running. Honest. It would. Real soon now.
As expected, things haven't turned out that way. Instead of firing up the economy and creating millions more jobs, the Obama / Democrat stimulus plan has only made things worse. And all those millions of new jobs it was supposed to have created? Well, let's put it this way...
Click to viewSo, we've now thrown away trillions of dollars, indebted ourselves for decades to come, grossly increased the size of the Federal government, made the unemployment numbers worse not better and to top it all off the Obama administration is declaring war on the rule of law. Yeah, that's right, the rule of law. Just look at how Obama and his cronies have run the bankruptcy proceedings of Chrysler.
Per the rule of law, the folks who would have the first dibbs on the remnants of that auto company were its primary investors - not the Democratic supporting unions. They'd get their share but first call would be all those investors who put their money into Chrysler - this includes all those millions of retirees who are dependant upon their investment plans to keep their bills paid. Obama and Geithner have essentially told them to get stuffed. Sadly, so to has the Supreme Court.
No wonder that for the first time in many, many months, more Americans now trust the Republicans as being better able to handle our nation's economy than Obama and his crue.
And when you look at Obama's plans for that "cap and trade" idiocy combined with the Democrats socialist healthcare plans then it's obvious that things are gonna get a lot worse before there's any hope of them getting better.
This folks, is change we can all believe in. Yes, we can.
Madoc
Hat tip: chuckles48