Tuesday, August 10, 2010

DEMs Won't Admit It

Progressives Admit Failure? Never
It's a fact that the Democrats/Progressives (party in control) will not admit that the Obama Stimulus plan (sometimes called "Obamanomics") is a failed economic policy. Reason: It's too close to the midterm elections to admit failure. Actually, Progressives NEVER admit their failures. (But some are smart enough to be distancing themselves from the President).

However, taxpayers are well aware that the Stimulus plan has proven to be an extraordinary waste of their borrowed money. It is a true Colossal Blunder! Regrettably, it has failed miserably to create the jobs Obama promised and it hasn't generated any economic growth-just the opposite. That's no wonder because it was written by the Apollo Alliance (not Congress) and former Green Jobs Czar Van Jones, a professed Communist and Jeff Jones, former Weather Underground Radical. The monies were squandered to special interest groups instead of creating jobs, or just left sitting there doing nothing. Remember Obama's promises of unemployment being held below 8%? POOF!! Now we're watching the numbers start to go even higher beyond the record highs, while he plays golf and his wife parties on. Such arrogance is disgusting! This is the Progressive way. They don't feel YOUR pain!!

With the economy stuck and "official" unemployment holding strong at 9.5% (unofficial estimates are closer to 20%) the public is wondering what new surprises Obama has in store for us. Remember: Always watch both of his hands. While his wife (the new distraction) is busy attracting negative attention pissing away taxpayer dollars vacationing in Spain you know that Obama is up to no good. His latest brainstorm is to let Barney Frank's Freddie Mac to borrow another $1.6 Trillion dollars to bailout failing mortgage holders AGAIN! This time they don't have to ask Congress for the money. The latest scheme is to just let all home owners with underwater mortgages get a free ride by paying off their debts, hoping that they will vote for the DEMs in the fall elections. Of course taxpayers will have to borrow this money in order to do so. But does Obama really care? Quite the contrary! Frankly, it would have been cheaper to give all of the Stimulus money to Fannie and Freddie rather than to give them both unlimited borrowing power forever at our expense.

We all know that this is unfair, STUPID, and unaffordable - especially when we have to borrow the money to provide yet another bailout. It is really becoming clear that Obama and his cronies in Washington, DC are REALLY trying to bring down our economy - NOT FIX IT! Obama is finding out just how hard it is to destroy America in spite of his attempts to do so.

What Next?
How many times will we allow the incompetence to continue? How many Trillions of dollars will we allow to be thrown away? Isn't it time to stand up and be counted? Do you care about America? Isn't it time you showed your concerns? Isn't it time you got active?

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