How Obama Thinks...

[scattered_grass]

watched that whole series, quite interesting...

[Big Fish Billy]

Nice non-vitriolic presentation....thank you.....

[longfisher]

things are becoming clearer and clearer everyday..... pretty good read-


How Obama Thinks
Dinesh D'Souza, 09.09.10, 05:40 PM EDT
Forbes Magazine dated September 27, 2010



Barack Obama is the most antibusiness president in a generation, perhaps in American history. Thanks to him the era of big government is back. Obama runs up taxpayer debt not in the billions but in the trillions. He has expanded the federal government's control over home mortgages, investment banking, health care, autos and energy. The Weekly Standard summarizes Obama's approach as omnipotence at home, impotence abroad.

The President's actions are so bizarre that they mystify his critics and supporters alike...........

http://www.forbes.com/forbes/2010/09...s-problem.html

Let's take this one item at a time.

1) Antibusiness - what they're really talking about under the guise of antibusiness is anything that might limit the political power or the greed of Wall Street. What they're really harping about is Financial Reform and the new Consumer Protection Agency.

Is there really anyone out there who doesn't feel Wall Street needs to be restrained and under more regulation and that credit card companies and mortgage companies, all of which were the prime culprits in the financial crash of 2008 don't need closer scrutiny? If there are you are millionaires and not part of the middle class where great to catastrophic damage has been done.

The word antibusiness is a parody foisted off on the weak willed conservatives who respond to such baiting like Pavlov's dogs did to treats. Your idiocy is just too predictable.

2) George Bush enlarged government by two-fold, instituted the largest entitlement program (Senior's Drug Benefits) since the New Deal and added as much as 11 - 12 trillion to the national debt...and in the process proceeded over the greatest financial collapse since the Great Depression.

You were virtually silent during all of that while those of us free of party affiliation were screaming our respective heads off at the villainy of it all.

Now, Obama's doing much the same sort of spending and increasing in the size of government and you're yelling your heads off.

Please excuse me, but your partisanship is completely transparent.

3) Obama is regulating home mortgages because they were essentially fraud machines.

Are none of you aware of the recently massive cancellation of mortgage foreclosures by Citi, GMAC and others because of fraudulent foreclosures based on fraudulanet mortgages, the former seemingly intended to hide the latter?

Are none of you aware the the Speaker of the House has called for a congressional investigation of these fraudulent foreclosures?

Are none of you aware that these fraudulent foreclosures which when adjudicated may actually result in 1) the return of the title of the home to the evicted or foreclosed owner or 2) result in a broken chain of title for those homes (in the untold millions) which would make them unsalable in the future (no title insurer will issue title insurance?).

Are none of you aware that many prominent economists forecase that this process has the potential of revealing for all the world to see that our financial giants (Citi, Chase, GMAC) are hollow shells with the result that 1) America's credit ratings suffer and 2) the recession becomes a double dip.

If ever there was an area of great economic danger that required regulation it's home mortgages. Yet you criticize Obama for doing so. Senseless.

4) I'll give you the auto industry. Obama screwed up and did so for political purposes. He bailed out a medieval industry that has done more harm that good to America in the past several decades and he did so because the electoral votes in the rust belt are important to any Democrat electoral success on the national level.

Pure political pandering. That whole industry should have been allowed to die.

5) Don't know too much about the energy picture.

6) Health Reform is definitely a positive, but for the fact that the insurance industry mandated mandate to purchase health insurance is an affront to most Americans who don't particularly like being told what to do.

In the end, you'll all either love health reform or insist that it be replaced with single - payor systems like Medicare. So, stop being so hypocritical.

LongFisher

[hubris 1]

hand me another nail! you drove that in on one hit,