Just as plainly to me, when Obama was campaigning, and I was rooting for anyone but him to win the nomination, was the fact that his team, led my Axelrod and company were not selling ideas as much as selling hyperbole, empty and devoid of any real substance….they were telling people about Hope and Change, feeding off the dissatisfaction of the masses.
ü You need health care, and I will give it to you.
ü Your kids need world class education, from kindergarten to college degree…I will give it to them
ü America is hated, I will make us loved again
Blah blah blah, typical political bs I have heard my whole life.
I believed it when I was 18, I doubted it when I was in my 30’s, and I call it total BS now.
What has he delivered? Many people think he saved us from financial ruin; I say he has only delayed its reckoning, maybe made it worse.
I wrote yesterday that he could have spread the nearly trillion dollars of the stimulus to all persons who paid taxes, and we could have spent the money on all sorts of stuff…paying off bills, savings, buying a lot of stuff we really don’t need, but want anyway…the opportunities are there, and certainly would have be consistent with prior government follies…
But instead he worked to save jobs…[BS ALERT - Saved Jobs? ] We still have 10% unemployment, well California is 12%.
National HealthCare- good idea, wrong implementation- more bureaucrats, more agencies, more stuff to screw up-I don’t trust the government to do a good job on this at all, since they failed to address tort reform, cost containment, drug costs, etc. So the lawyers, insurance companies and drug companies make out and we still pay, either in premiums, taxes or both….and probably won’t see any better healthcare delivery. Most people polled now think this was a bad idea (Ya think?)
Credit card reform? All I know is now on my bills they say how many decades it will take to pay off my cards at the minimum, and that they will not automatically cover any overdrafts, like they used to. OH and they raised the interest rates before the law went into effect and in some cases either reduced credit lines or just closed the account.
I had a visa with a $5,000 credit line, with a balance of $200. They reduced the credit line to $500. Another raised the interest from 7.5% to 11%. A third wrote me and said we are closing your account because you have too much credit access…HUH?
General Motors is now controlled by the government and the UAW, while Chrysler is a UAW Fiat venture. GM would like to start selling stock again, but not until the Obamaistas decide what the Governments stake will be…my assumption is they want to retain control, unlike when Chrysler was bailed out in 1979.
Back then, under President Jimmy Carter, the government made a deal based on the same arguments made this time around…without help, we’ll go out of business, and hundreds of thousands will be laid off..
Congress required Chrysler to obtain private financing for $1.5 billion -- the government was co-signing the note, not printing the money -- and to obtain another $2 billion in "commitments or concessions [that] can be arranged by Chrysler for the financing of its operations." One of those options, of course, was reduce employees’ wages; in prior discussions, the union had failed to budge, but the contingent guarantee moved the union.
Chrysler repaid all the money by 1983, and the US Treasury collected an additional $350 million in fees
But back then Obama was a kid in the Punahou School in Hawaii…yeah, young Barry was a mere lad when the last financial meltdown of America happened…
Moving forward, Obama will likely continue to do what he does, and rule as though he has a mandate from the people, the chosen leader of the free world. Barry is about to get “beyatch” slapped by reality in November.
Once single party rule comes to an end, we might see some of this lunacy stop…
I really wish we moved beyond two party rule… it would be fun watching 3 or 5 parties try to work things out…
You are more upbeat about these things than me. I think the Obamists will do their best to steal as many races as possible with illegal votes and voter intimidation. And given that 47% of Americans pay no federal tax, it might be close enough to pull that off.
ReplyDeleteI also am much more concerned about the health care bill that you seem to be. Our health care costs will skyrocket and our coverage will shrink majorly, year by year. This is all about redistribution of health care from those who have good care to those who do not.
Well...I was in a good mood.
ReplyDeleteUpbeat? I dont think so. I have told my daughter and her husband they need to save a lot more than they do now, because in the future, to get anything like healthcare, they will need to go off the federal system to private clinic. I see Obama has pretty must destroying the vision my grandparents and parents worked for, that we would all live to a ripe old age with a decent standard of living. under Obama, my standard of living is quickly sinking; retirement planned for this year or next is now off the table, as i realize I will undoubtedly have to stay employed. My tax burden with Cap and Trade and VAT, not to mention increases in personal taxes...whats to be upbeat about?
ReplyDeleteMaybe the overthrow of one party rule!!!
We are in very substantial agreement. I see you were understating things.
ReplyDeleteI do not think I will ever be able to retire. I do love my job, so I'm fortunate.