Obama Hope or “Epic Ruin”? -Conservative Battleline Online
This is a long article but very much well worth reading. It is an analysis of President Obama’s actions so far in his presidency. It answers perhaps the impression some of us have of a man in way over his head. His taking a three day holiday with his family at that crucial time when the Stimulus Bill was being hashed out in Congress was telling moment. All I could do when I read of his vacation was to gape at the computer screen. I kept reading the news release over and over trying to get a different meaning from the words because I couldn’t believe he would leave Washington so soon after his arrival and at that moment in time.
Then after signing the grab-all pay-off all campaign contributors so-called Stimulus Bill that Congress sent him, he signed into law all kinds of executives orders to pay off his campaign contributors. BB
By his fourth day as president, it was clear that Mr. Obama could not control the extremists in his own party by demanding that solving the financial crisis be priority one. That day he agreed to a House Speaker Nancy Pelosi devised stimulus package of over $800 billion that was clearly not targeted at stimulating the economy but was a mix-mash of goodies aimed at state and local government, health care, education and other Democratic constituencies for simple political gain – merely to satisfy pent-up liberal wishes over the past 25 years for more government.
At the same time, the president announced full implementation of the so-called fuel mileage standards and reconsidered California’s even stricter auto requirements, which by choosing leftist environmental extremism over automobile company profitability, guarantees that Detroit will become a permanent economic basket case and a perpetual drain on scarce government resources. To further demonstrate his ideological purity, he gratified his allies on the most sensitive of the social issues by overturning the ban on Federal funds for overseas groups promoting abortion, certainly a critical spending matter during a depression, no? To make his point even more, once the stimulus plan was safely adopted, the president issued an Executive Order requiring the spending be done by more expensive union labor.
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Is there one thing that our new President has done which any of your readers find acceptable?
Brenda,
“. . . he signed into law all kinds of executives orders to pay off his campaign contributors.”
Apparently, one of those contributors was the terrorist “nation” of Palestine since he signed over $20 million to Palestine for “refugee resettlement” via E.O. on January 27. I submitted a column about this to the Asheville Citizen-Times here in western North Carolina, but they predictably spiked it.
I discuss this and many other topics on my own blog:
http://itrodgytlow.blogspot.com/
I have placed a link to your blog on my own and I would ask that, if you feel comfortable in so doing, you might reciprocate.
Thanks.
Jeff Dreibus
Not much Reggie. Is there anything that he has done that you find acceptable? I would really like to hear something that he has done that I can agree with; I really would. I hate it that my country is at the mercy of a person whose every action I fear or abhor.
The only thing I can give him is that he is a great speech maker. Not that he says anything, but it sure sounds good while he is saying it.
He is charisma personified! But then I have been told that so is Lucifer.
He really missed his calling because he would have been a billionaire STAR in Hollywood.
Oh, one final thing and this does impress me: he appears to truly love and enjoy his children and his wife. BB
Jeff, I would be happy to place you on my blog roll, and I am honored that you choose to place my name on yours.
I wasn’t off at all about his paying off contributors as Obama appears to have gotten millions from overseas sources thru lobbyist, as accepting foreign campaign contributions is against the law. Check my blogroll “Always on Watch” it is an excellent well referenced site. I like sites that offer references for their claims—not that I always do, but then most of my writing is pure commentary. And while I am sure of my facts I can not always state exactly where I got the information, or when for that matter. I at one time had an almost photographic memory. Sadly with age this has dimmed considerable!
Thank you for stopping by. BB
I wish to address this post to Reggie Greene.
“Is there one thing that our new President has done which any of your readers find acceptable?”
Reggie, I have contemplated your question and the answer is “yes”. And no, there isn’t any sarcastic “gotcha!” to follow.
I approve of President Obama’s plan to halt foreclosures upon those who were allowed to borrow in haste and must now repent in leisure. If the Fannie-and-Freddie banks which were “coerced” into loaning them money should be bailed-out, so should the borrowers whose only crime was to ask for the loan. I can’t believe that a lobbying force as mighty as the finance industry was “mandated” to do any damned thing it didn’t really wish to do, especially during the ten (twelve?) years which it spent under an allegedly Republican Congress.
My only problem with the Obama plan is that it doesn’t go far enough. What of those who borrowed from banks other than Fannie and Freddie and are now faced with foreclosure due to the economy or other circumstances not of their own doing? If they were in fact “bad” loans to begin with, did anyone “force” those banks to make them? And what of those whose non-qualifying assumable mortgages and other forms of “creative financing” have now left them in trouble? I think they deserve a hand, too, if the big boys are to be bailed out.
If this whole mess leads to total economic collapse (which I believe it might), the “funny money” used to help out those who have something substantial invested in the American economy will be a comparative drop in the bucket. Let those poor people stay in their homes and try to make the best of it.
No, I stand nothing to gain from a bailout of this sort . . . but I was once in such a position many years ago and I possess just a wee dram of something entirely missing in many conservatives: compassion.
Jeff Dreibus
Brenda,
Thanks for the kindness. Your readers will certainly receive a bit of “alternative perspective” from time to time if they tune in to ITRODGYTLOW.
You no doubt disagree with my previous post to Reggie, but please recall that I have a bit of the populist in me. Moreover, I wished to answer Reggie honestly; I like and respect him (and his blog), too.
Jeff Dreibus
No Jeff I agree very much with what you wrote above. I have defended these borrowers when others have said they should have “known” they couldn’t afford their homes. People do not read contracts. That’s a fact. Contracts were written to cover every possible butt that needs covered b y the mortgagor and heap every possible margin for error onto the mortgagee. After about clause four people are normally cross-eyed and just take what the agent is telling them as fact. So they were told they could afford these homes and they believed it. The payments were within their means at the time and that is all they understood.
So yes, I very much agree with you. I don’t however see these people getting any help. The funds set aside will go thru numerous agencies before getting to the banks and of course each agency will get their cut for “administrative costs”. The banks will twist and turn and make out like bandits with this money, and no one will stop them. The mortgagee may hang onto their homes with extended 40 year mortgages instead of the initial 30. And in the mean time all these funds will have to be paid back with higher taxes on these same mortgagees as well as you and me and our great grandchildren.
I am blue-collar die-hard Democrat West Virginia coal country girl background. I was also a flaming liberal in my youth. Now I am a reformed liberal and when taking those silly tests to see where you stand politically I nearly always fall between the Conservative and the Libertarian. BB