The Worst President Since Carter

Obama has so far been a failure of gargantuan proportions. From the lies about creating and saving jobs, the wasteful continuation of the previous administrations bailouts of GM and Chrysler that resulted in both of them going into bankruptcy, the defending of a man who refused to show a police officer proper ID when asked (try that next time you get stopped by the police and see what happens to you.). But that’s Ok, he was a Harvard man and the cop should have known better, the utterly disgusting wasteful spending with the so-called financial recovery. And of course Obama Care. Under the Obama Care plan you will be required at the point of a gun to either opt in to the Government controlled health plan or buy private health insurance. Don’t believe me? Just try and refuse to pay the $1500 fine you will be assessed at tax time if you don’t.

The Obama voters in this country are slowly getting what they want with this health plan, the complete and total take over of their lives by the government. The Obama administration and the socialist, progressive left in general really do believe the people of this country are just dumb rubes who cannot take care of themselves and that they are the only ones who can decide what is best for us. From what kind of cars we drive, the way we heat and cool our homes, how we handle our heath care needs and the list just gets bigger everyday.

Our country deserves better then this community organizer. I would rather have a president who stutters but speaks common sense then this man who speaks lies and bullshit so eloquently. It’s time for the people of this country to stand up say the emperor wears no clothes.

Something To Keep In Mind.................

Franklin Raines, the former CEO of Fanny Mae, is one of The Obama's economic advisers, and is on the short list for his Treasury Secretary cabinet post. If you recall Raines is the man who had financial documents forged so that he could receive he's windfall bonuses. Now it looks like that the federal government is getting into the mortgage business. This should end well.

This "crisis" was caused by a number of things, but mainly political correctness. Laws were passed that made it illegal to ask a potential home buyer, how much money they made. The government, used many leftest groups like Acorn
to act like it's muscle to threaten banks and mortgage companies to lend money to people that they knew would not be able to pay back. The government in turn, threatened to investigate institutions that did not follow these practices.

The bottom line is, people were buying houses they knew they could not afford. Loans were made over 100% the value of the property. The value of homes corrected itself from overinflated values. People were getting 100% or more mortgages on homes that were, in reality only worth about half of the listed value.

There is a lot of blame to go around. From the government, forcing the lenders hand, to the lenders "cooking the books" to show profits, as well as the borrowers that knew they could not afford to buy a house in the first place. You could also add the people who got on the flipping band wagon over the past decade into the equation. since over half of the foreclosures were on second homes or homes bought just to be flipped. (This trend also added in the falsely over inflated prices of homes.)

In the end, it is the people that the government claims to want to help that get hurt. As well as the people like me and you that the government doesn't give a shit about that will have to pay off this mess.

Throw a presidential election in the mix and it doesn't matter who wins because we all lose.

There Plan Is Working

http://www.nytimes.com/2008/08/02/business/02econ.html?bl&ex=1217908800&en=8cf38e35a8549324&ei=5087%0A



The lefts plan to undermine the economy is moving along just fine. It has been announced that the jobless rate in this country has just risen to 5.7 percent. What you wont hear from the media though, is the reason. It was during this time that another Kennedy minimum wage hike went into affect. Having worked in minimum wage jobs for many years back in the day. I know first hand what the effect is when an arbitrary number is just thrown out as a minimum wage. First people lose there jobs, and usually it is the people who most cannot afford to, people who more times than not are making more than the minimum. Second, prices have to be raised, across the board.

The problem is, the left is well aware of all of this, and seems to find joy in it. It does not matter to them if lives and family’s get ruined as long as the left can stick it to "big business" (for the most part though it is the small entrapanour business owner that is hurt the most.) and if they feel like it will get them a point or two in the polls.

One of the questions we should ask ourselves as we ponder the up coming election is, why does the left hate the poor, and why are they doing everything within there power to keep them that way? As well as, how bad will it get when they have complete power over the legislative and executive branches of government?