The B. Hussein Obama Administration, the "smartest people in the room", the calm and detached believers in soft diplomacy, the anti-cowboys, appear to be spoiling for a fight with the United States' single largest creditor, Communist China. It appears that elements of the ChiCom's political class want this fight as well.
While I have no love for Communists, and detest Communist China particularly, I know Obama has no stomach for a military confrontation, which the US would decisively win.
Instead, having bloated the debt markets with cheap US Bonds, Obama will pick a fight with China over currency manipulation. China has the capacity, and may be looking for an excuse, to dump its US debt holdings. If they do so, they will make it impossible for the US to borrow more money in the short term and mid terms.
Because B. Hussein Obama has neither the stomach or the capacity to understand government austerity in such an event, all Obama will be left with is US currency manipulation. Inflation and interest rates with skyrocket, and my prediction of a "Welcome Back Carter" presidency will be fulfilled.
In the long run, the US (or what is left of it) would come out ahead due to the innovative economic thinking of its people, not its government. But, in the long run, we are all dead.
Showing posts with label deficits. Show all posts
Showing posts with label deficits. Show all posts
Monday, March 15, 2010
Friday, February 26, 2010
Open Questions About The Healthcare Meeting
Why are the Democrats involving Republicans in the discussion about the bills only AFTER the bills have been written and passed by both houses of Congress? The bills have not been withdrawn or rebuked by the Democrat leadership, and the Democrats have had for a year all the votes they need to put a health care takeover on the Anointed One's desk. This was not the Democrats seeking advice and counsel. This was the Democrats seeking a criminal accomplice.
What I did not hear from the Republicans is just as concerning as what I continue to hear from the Democrats. Not one Republican (and certainly no Democrat) said that it is the responsibility of the individual, not government, to provide for his or her own health care. The GOP has bought into this notion that someone other than the recipient must pay for a person's health care.
And that mindset is how we got into the fiscal pickle in the first place.
The price of freedom is not vigilance; the price of freedom is self-reliance. You are a slave if you are dependent upon any other person or entity to receive your needs. If you depend on the government for health care, you are a slave.
Update: People are starting to get it. A CNN poll shows that a majority of Americans now see the government as a threat to their rights. It's been that way all along - slaves have no rights. Glad the "moderates" are catching on.
http://politicalticker.blogs.cnn.com/2010/02/26/cnn-poll-majority-says-government-a-threat-to-citizens-rights/?fbid=iT32dtaoaK5
What I did not hear from the Republicans is just as concerning as what I continue to hear from the Democrats. Not one Republican (and certainly no Democrat) said that it is the responsibility of the individual, not government, to provide for his or her own health care. The GOP has bought into this notion that someone other than the recipient must pay for a person's health care.
And that mindset is how we got into the fiscal pickle in the first place.
The price of freedom is not vigilance; the price of freedom is self-reliance. You are a slave if you are dependent upon any other person or entity to receive your needs. If you depend on the government for health care, you are a slave.
Update: People are starting to get it. A CNN poll shows that a majority of Americans now see the government as a threat to their rights. It's been that way all along - slaves have no rights. Glad the "moderates" are catching on.
http://politicalticker.blogs.cnn.com/2010/02/26/cnn-poll-majority-says-government-a-threat-to-citizens-rights/?fbid=iT32dtaoaK5
Monday, February 22, 2010
Beyond Incredulity
The Anointed One has really shown his true Statist/Syndicalist nature this week. After being stung by the Scott Brown election, B. Hussein Obama wanted the voters to know that he "got it" and will focus like a laser on jobs.
I suppose he meant con jobs. So, with this new focus on jobs, B. Hussein Obama invited the GOP to an open discussion about the health care bill while the Democrats and Rahm "it through" Emmanuel continued their back room scheming to enact the government takeover of health care. B. Hussen Obama announced his own plan for socialized health care.
And now this: B. Hussein Obama of the corrupt Chicago machine wants to appoint SEIU president and Marxist Andy Stern to Obama's federal deficit panel. Exactly what does Andy Stern bring to a deficit panel other than a demand for more wealth to non-working sluggards and illegal aliens, the explosion of the federal debt by way of healthcare socialization, and a penchant for running a criminal enterprise called the SEIU?
B. Hussein Obama's occupation of the White House cannot end soon enough.
I suppose he meant con jobs. So, with this new focus on jobs, B. Hussein Obama invited the GOP to an open discussion about the health care bill while the Democrats and Rahm "it through" Emmanuel continued their back room scheming to enact the government takeover of health care. B. Hussen Obama announced his own plan for socialized health care.
And now this: B. Hussein Obama of the corrupt Chicago machine wants to appoint SEIU president and Marxist Andy Stern to Obama's federal deficit panel. Exactly what does Andy Stern bring to a deficit panel other than a demand for more wealth to non-working sluggards and illegal aliens, the explosion of the federal debt by way of healthcare socialization, and a penchant for running a criminal enterprise called the SEIU?
B. Hussein Obama's occupation of the White House cannot end soon enough.
Labels:
Andy Stern,
Barak Hussein Obama,
Chicago,
deficits,
SEIU
Monday, May 11, 2009
Obama's Budget Blowout -- Epic Fail
B.O. is really stinking it up on the Federal budget deficit.The White House today estimates that this year's budget deficit will be 400% larger than ever before -- nearly $2,000,000,000,000,000.00. Almost Two Thousand Billion Dollars.
Put another way, for budget passed by the Democrats this year, we will have to borrow 46 cents for every dollar the government spends.
Obama further admits his long-term spending plan would push the total US deficit to $7,100,000,000,000,000.00 - 7.1 Trillion dollars. More than two budget years in arrears.
Adults should ask this petulant child if he thinks money grows on trees!
For the love of all that is good about this Country, for the sake of its very survival, and through the intercession of this nation's Founding Fathers, this man must be stopped before he destroys us.
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