Showing posts with label stimulus. Show all posts
Showing posts with label stimulus. Show all posts

Thursday, February 19, 2009

Management Style

Barack Obama is an excellent campaigner. He is so excelled at that trait that he wooed most of America into overlooking his lack of experience (the media helped in this also). Unfortunately, it seems that Obama has failed to realize there is a time to campaign and a time to govern. And, part of governing is managing.

Here is an excellent article which talks about Obama's management style. It raises some valid questions.

Does Barack Obama have any idea what he is doing? This is a valid question which I think many Americans are beginning to wonder. Leave aside the left wing pukes who are only there to defend Obama no matter what he does. Other then them, is there anyone who believes this guy is successful so far.

Everyone understands the economy is in rough shape. Most even would believe that the administration is facing something unprecedented in the state of the banks. However, it seems that Obama has failed in at most of what he tried.

The stimulus package is in great question. Even if you believe massive government spending is going to salvage the economy, you will question this bill. Pelosi and Reid drafted it. Why is that? Perhaps Obama is willing to be just a figurehead as President. Therefore, this is the toughest situation that Congress ever faced since they are leading.

Perhaps the economy is too tough a situation. Okay. Let's look at something a bit easier: cabinet appointees. Every President has trouble with some of their appointees. However, they usually encounter major obstacles when the other party is holding Congress. Obama has Congress. Yet, he was tripped up on a number of occasions. In fact, he was wrong more than he was right (on the major positions). You would think that finding someone who paid their taxes would be fairly easy.

There are many who believe that Obama has not been assertive enough. I agree. However, do not think this will change. Obama's m.o. is that he is a hider. How many times did he vote present while in the Senate? Voting present is akin to saying "I dont know what to do so I will just say I was here". One does not have that luxury as President.

Can anyone ever be fully prepared for the pressure of the Presidency? Probably not. However, this guy is so ill-equipped to deal with anything that he has seen so far. Imagine if one of our "friends" in the Middle East starts misbehaving. What then? Will Obama hide underneath his desk.

It is time that Michelle (or Nancy Pelosi) gave the President his testicles back. The country needs them.

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Tuesday, February 10, 2009

The Treasury Plan

It is becoming more obvious this administration is looking to destroy all it can when it comes to private business. Today, in addition to a stimulus package that most agree won't do anything, the Treasury Chief made his long awaited announcement regarding the financial markets. This was met with a swift 400 point decline. It seems the market is not keen on what the administration is doing.

Read the article here.

If they are going to screw things up so much when they open their mouths, why don't they just learn to keep them shut. Giether managed to say nothing to put the markets at peace. Obviously, his lack of clarity only compounded the issue. Look at the bank stocks: they were decimated. This is just another case of government intrusion screwing things up.

I know: all the liberals will say that it was the "big, bad rich people" who were hurt. You know the type we are referring to: the ones the press calls "Wall Street". Well, I am here to tell you that is not the case. Obama is harming the very people he is pretending to care about. Most of America has investments of some kind. When the market gets slammed to the tune of 400 points, it is all those with 401K and IRA that are harmed. Also, the people who invest on their own, with the thousands of dollars are the ones ill-equipped to sustain a downturn of this nature. Warren Buffet might lose huge numbers, but he still has $40 billion left to play with. Most do not.

It is becoming increasingly clear that the people in charge have no idea how to get us out of this crisis. Everything they are doing to fix the system is only creating a bigger mess. It it time for the government to step out of the way.

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Saturday, February 7, 2009

The Ones Really In Control

America was established by the Founding Fathers as a country "by the people and for the people". Here we sit 200+ years later realizing that idea is dead. The United States of America is a country by the lobbyists and for the lobbyists. They are the ones who wield the power, not the people. The recent stimulus/spending package proves that.


According to reports on the newswires, there are enough votes to pass the bill in the Senate. The total amount is still be discussed but it is believed to be between $780-$820 billion. This is a considerable sum. However, according to pollsters like Rasmussen, the majority of Americans have reservations about this bill. Most do not believe that it will stimulate anything. Instead, it appears to be simply a massive spending project to appease the far left contributors.


Many are going to take exception at that last statement. Tough. It is the truth. Economists estimate there is somewhere between 9%-15% of stimulus in this package. The rest is pork. Nancy Pelosi wrote up a bill to appease her allies (lobbyists). Who is going to benefit? Liberal states that drove their budgets into the ground with their reckless spending and teachers unions camouflaged as education spending are prime candidates. Now, do't get me wrong. If the Republicans were in control it would be the NRA, pro-life groups, and the religious right. Either way, it screws the American people.


Once again, the government used a crisis to steamroll the people. This was what happened after 9/11. We were told it was for the sake of safety and in an effort to combat terrorism. Now, it is to prevent complete economic collapse. The truth is that neither situation was as dire as it was advertised. Things are tough but we will get through it. However, now we have another $800 billion debt to pay back.


One final note on this point: the Congressional Budget Office even said this was most a pork package, containing little stimulus. This is the accounting arm of the United States Congress which the politicians ignored. If they will not even listen to their own Budget Office, who will they listen to? The answer: LOBBYISTS.




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Friday, February 6, 2009

$780 Billion

The "stimulus" package appears to pass the Senate.  We now have a price tag that is less than what passed the House.  However, it is something that will do nothing to stimulate the economy.  This is the viewpoint of most economists.  Instead, we have a massive spending bill which will do nothing but tie future generations to more debt.  Welcome to America.

I, for one, am happy this passed.  It shows how corrupt our government is.  Personally, I think everyone who voted for that House bill ought to be voted out of office in 2010.  They simply do not deserve to be in office since they do nothing to look after the interests of the American people.  Rather, they are there serving their lobbyists and giving paybacks to those who got them elected.

The bottom line is that the government once again is screwing the American people.  This is absolutely ridiculous.  Obama is showing himself to be a shameful partisan who is no different from the rest.  "Change you can believe in" is a total joke.  Obama is showing himself to be right out of the Nancy Pelosi communist model.  And, he proves that he has no backbone when it comes to standing up for the people.  This President is going to preside over one of the worst administrations in recent memory.  Mark my words, it will take us decades to fix what these dimwits are screwing up.



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Friday, January 30, 2009

Is this any surprise?

After this week, does anyone really think that Obama has any clue how to fix this economy? He is proving himself to be nothing more than a political operative for the far left lobbyists. If there is a liberal agenda out there, Obama will promote it. Welcome to the age of socialism.

Obama talked about bipartisan decisions. He also campaigned as a centralist. However, it is turning out to be that he truly is a far left zealot. Now, we are seeing how he believes the economy should be run: by the government. The free market system is the enemy in his opinion.

The unions are loving what they are hearing. Sadly, this will be another nail in the productivity of American enterprise. The unions are the very entity which destroys the foundation which built many worldwide powerhouses. They stifle growth and creativity in the name of equality.

It turns out Obama was pandering to the unions. In a speech, he says that he believes the cardcheck bill is a good one. This will increase the strength of unions substantially. They will be able to organize with just 50% of the vote. In addition, ballots no longer are going to be secret. Welcome to the return of the days when people are cornered by three thugs and told how to vote. It seems we already went down this road.

This article provides a wonderful summary of what Obama is promoting.

As this article so aptly points out, I guess President Obama is clueless about how the auto manufacturers got into this situation they are in.  Does bad labor contracts ring a bell?  Is there anyone out there who remembers that GM is being killed by legacy costs fulfilling terms of the contract to members who are no longer working?  Can anyone tell me the three industries which have the most unionized personnel?  Government. Auto manufacturers. Airlines.  While we are at it, which of those three are doing well?  The answer: NONE.

Unions had their place in this country.  They were necessary at the start of the last century since workers were being abused by employers.  Conditions were unsafe in addition to people having to work long hours without breaks.  Child labor was also a problem.  However, over the last 100 years, many of these problems were solved by governmental law.  Child labor is now illegal. There are laws passed limiting that number of hours a week anyone can work.  Thus, the benefits the unions provided is already taken care of by law.

So what do the unions provide?  In my opinion, nothing.  Everywhere I look where unions are involved seems to be wrought with incompetence and laziness.  People are overpaid while companies are being strangled.  The idea of sameness is the antithesis of competition.  We became the world leader through this one concept.  Yet, Obama and his contemporaries seem against this system. 

Welcome to anarchy 2009.



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"Stimulus" Support Waning

There is hope for those of us who see the government as the central evil in our lives. If there is a way to screw something up, the government will find it. That seems to be the nature of that beast.

Anyway, support for Obama's insane spending plan appears to be waning. Republicans in the Senate are following in the footsteps of their House counterparts. At the same time, some moderate Democrats are getting into the mix. The fact that there is a bit of delay in it's passage is allowing people to really look at the bill. And, what they are finding is very little stimulus.

Different groups and economists are estimating that between 12%-25% of the bill offers actual stimulus. The rest is pork. Thus, a $850 billion package is overwhelming payoffs to those organizations and groups which supported the corrupt who are in office now. Before anyone gets hell bend at the attack on Democrats, I will say that if the Republicans were in control, the NRA and Smith & Wesson would be in line for billions. As it stands, the liberal organizations are profiting.

What is upsetting is that you and I (and our children) are going to be stuck with the tab for this garbage. Once again, the politicians, with the help of the media, succeeded in scaring the American people into believing that we need their help. The truth is that America would be better if the government just got out of the way. If we got rid of every politician and government employee, the country would be a better place. There would be a period of adjustment but we would prevail. Americans are funny that way.

However, we will not see that happen anytime soon. The next four years is going to see a continuation of the last 8 years. What you say. NO!!!!! Obama is all about change. HORSECRAP! There is no change going on. Obama is going to expand the power and control of the government just like George W. Bush did. It is that plain and simple. If you do not believe me, maybe it is time to pull your head out of your ass and read the facts. This "stimulus" package is the first in a series of steps which will expand the role of government. It is bad enough that they screwed up education, Social Security, Medicaid, and anything else they are involved in. Now, they want to mess up healthcare too.

The revolution is all about taking back what was given to us by the Founding Fathers. Our government is corrupt, broke, and in need of overhaul. A liar who is a product of that corruption organization called the United States Senate will do nothing to make things any different. In the end, they are all the same. Bush screwed America. Now it is Obama's turn.

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