Straight from the South Seas

Straight from the South Seas
Retired Expat living the Philippines

Augustus Summerfield Merrimon

This Blog is dedicated to my great-great-grand uncle who was a Democratic US Senator from the state of North Carolina between 1873 and 1879.

Showing posts with label President Obama. Show all posts
Showing posts with label President Obama. Show all posts

Thursday, September 23, 2010

Another Politician Snow Job

While it may sound like a great idea to have our President sponsor more Government jobs such as building roads and things of that nature, believe me, that's not what we need. The Government doesn't have any more money to spend. The money they do spend is money they have borrowed from overseas. Borrow, borrow, borrow, and then borrow some more. Meanwhile I can just imagine the Washington politicians saying to each other, “That's awesome! That's progress. What a huge step!”

The country was in the great depression in time of FDR but we didn't have the kind of debt we have today. What we need is for our Government to lure back private businesses! When businesses feel like they can grow again, that's when we will see jobs on the rise. Government hand-outs in the form of sponsored projects or welfare, or anything else is like paying a credit card with yet another credit card. Eventually it will lead us to spiral down all the way to the bottom of the hole.

Unbelievable to some, I can almost hear the squeals of politicians as they are voted out of office in the November election.

There is a great deal in this country that truly think like that unfortunately. They have no qualms about spending massive amounts of money to build the infrastructure or provide healthcare to foreign countries. The policy makers in Washington give the impression that the US and its present currency system are toast, along with all pensions, savings, and everything else...Give me a break!

It appears that our lawmakers of today are doing absolutely nothing. And that goes for both Democrats and Republicans.

Does Anybody Have a Problem with That? The Best of Politically Incorrect

Tuesday, September 21, 2010

General Powell’s remarks about the President

Here are retired General Powell’s remarks about President Barack Obama on NBC’s “Meet the Press” on last Sunday:

Powell said; “You can't just sit around beating up the President. But the President also has to I think shift the way in which he has been doing things. I think the American People feel that too many programs have come down. There are so many rocks in our knapsack now that we're having trouble carrying it. I think the President has to like a like a razor blade, just go right after the single issue that is uppermost in the minds of the American People and that's employment. And he's done a lot with health care, with cap and trade, with education. And I understand the importance of all of that. But as far as the American People are concerned, the main attack is employment. … I think he has lost some of the ability to connect that he had during the campaign. And it is not just me picking on the President. It's reflected in the polling. Some of the anxiety and anger that you see out there, I think comes from a belief on the part of the American People, whether it's correct or incorrect, and the White House would say it's incorrect, that not enough attention, his singular focus should be on employment…”

President Obama is all these things and more, that's why the confusion. People are left going in all kinds of different directions at once, and aside from being against Obama, there’s nothing new, nothing fresh for Republicans to be for. The Republicans can’t keep their emotional rant against Obama and the Democrats up forever. Sooner or later the anger and fear won’t have the punch they once did, and the Republicans won’t be the party that can take things in new directions. They’ll be the party of tired old rivals. For how can America go forward to reclaim being number one in the world? Given that Smaller Government and Less Spending cannot be the only answer.

But are those jobs quality jobs that a person can support themselves on or low paying service sector minimum wage jobs? We used to make steel in America, now we make happy meals.

Wednesday, September 15, 2010

BREAKING NEWS - Obama Tells Students to Work Hard, Dream Big

Delivering a tough-love message, President Barack Obama told students in a back-to-school speech that their job was to show up on time, pay attention in class, do their homework, study and stay out of trouble. (Sept. 14) HOME RUN for the President!

Thursday, September 9, 2010

Political Fable Tales

Politically weakened but refusing to bend, President Barack Obama insisted Wednesday that Bush-era tax cuts be cut off for the wealthiest Americans, joining battle with Republicans — and some fellow Democrats — just two months before bruising midterm elections.

Singling out House GOP leader John Boehner in his home state, Obama delivered a searing attack on Republicans for advocating "the same philosophy that led to this mess in the first place: cut more taxes for millionaires and cut more rules for corporations."

Like any slick lawyer President Barack Obama boldly proclaims, "The buck stops here!" But, whenever his policies are criticized, he acts as if the buck stopped with George W. Bush.

The smooth talking party line that we are likely to be hearing from now until the November elections is that Obama "inherited" the big federal budget deficits and that he has to "clean up the mess" left in the economy by the Republicans. This may convince those who want to be convinced, but it will not stand up under scrutiny.

No President of the United States can create either a budget deficit or a budget surplus. All spending bills originate in the House of Representatives and all taxes are voted into law by Congress.

Democrats controlled both houses of Congress before Barack Obama became president. The deficit he inherited was created by the Congressional Democrats, including himself, Senator Barack Obama, and who did totally nothing to oppose the runaway spending. He was one of the biggest of the big spenders.

The last time the federal government had a budget surplus Bill Clinton was president, so it was called "the Clinton surplus." But Republicans controlled the House of Representatives, where all spending bills originate, for the first time in 40 years. It was also the first budget surplus in more than a quarter of a century.

Tuesday, September 7, 2010

HAPPY UNEMPLOYMENT DAY, USA!




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Another New Obama Stimulus Plan

Seeking to boost the sluggish economy, President Barack Obama used a Labor Day appearance in Milwaukee to announce he will ask his pals in Congress for another $50 billion to kick off a new infrastructure plan designed to expand and renew the nation’s roads, railways and runways. Using tough tones, he assailed Republicans as the party of “No, we can’t” – a play off his campaign slogan “Yes we can” and then accused his critics of talking about him like a “dog.” But he said he’d keep fighting “every single day, every single hour, every single minute” to turn the economy around. But those same Republicans said they had no interest in Obama’s new plan – a sign that it would face an uphill battle in Congress. In his speech to the Milwaukee Area Labor Council, Obama laid out the goals of his new program: Rebuild 150,000 miles of roads; construct and maintain 4,000 miles of rail, enough to go coast to coast; and restore 150 miles of runways, while putting in a next generation air traffic control system to reduce travel time and delays.

Obama and Democrats are under pressure to show voters they are trying to do something about the sluggish economy, with unemployment still hovering around 10 percent. Their options are limited, but some economists have said that another infrastructure plan… along the lines of the first stimulus package of more than $800 billion — would be a way to infuse cash into the economy to stimulate hiring.

Sometimes the most appropriate thing to do is nothing. The system already has better solutions without the Federal big bucks. All the cash and energy will just keep lots of consultants in business and make lots of politicians happy. It is a full employment plan for them and for the guys who make those signs bragging about our stimulus dollars at work. This is the problem with most Obama plans. They sound good until you actually look at the results. Like any good lawyer he is a good talker and he is smart enough to take credit up front - before the results come in. He should stick to talk. That is what he is good at. Maybe life will be better for everybody when he goes back to talking for a living after the 2012 elections.

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Saturday, September 4, 2010

Bye Bye Recovery Summer

Here it is almost Labor Day, the end of the ‘Recovery Summer’ that President Obama promised. How did that all work out? From June-August, we lost 283,000 jobs. Recovery? Just maybe the consequence of recovery is wrong or maybe Obama will next promise “recovery winter” or should we just assume that he meant next summer? Wait long enough and the economy will recover. If you perform an Indian “rain dance” long enough, eventually it rains and the wizard can claim his magic did it. Whenever this happens, we will sure give Mr. Obama the credit he deserves.

To me it seems Mr. Obama takes credit up front and then shifting the blame elsewhere when the expected results fail to materialize. His advisers promised that unemployment would not exceed 8% with the stimulus, but could go up to above 9% if nothing was done. And then when actual unemployment hangs around at almost 10% for a year, now they claim they never said that the stimulus would keep it low and besides it was Bush’s fault.

The economy was sick in 2008; Stimulants and stabilization were applied. And they were needed. Yet before they had a chance to work Mr. Obama and his political cronies pumped in more stimulus. Of course this was more a political move than an economic one. The new stimulus didn’t perform as promised. Now the guys setting in the White House want to pump in more stimulants. Maybe it is time to let the patient recover and stop with the artificial stimulating.

Mr. President, no more short-term stimulants are needed, nor will they do any good except to provide some political cover for the chair warmers in congress. It might be better to create the long-term conditions of prosperity – create stability and predictability in laws and regulations - and let the people get back to business.

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