During Obama’s watch economy slows and the nations unemployment rate hovers near double digits despite his $787 Billion Dollar $862 Billion Dollar failed economic stimulus.
Democrat-Socialists Keynesian Economics destroyed investment, opportunity and job creation with its massive spending and new tax hikes, which have punished taxpayers and business owners while rewarding big labor.
Related Posts: Dow Repeats Great Depression Pattern Via CNBC
Federal Bureaucrats want to know how many cavities that you have. Soon we will be obligated by the authority of the U.S. Govt to open up wide so that a federal tooth technician can study our teeth, peering at each surface on each tooth in your mouth, in order to comply with the new ObamaCare mandate otherwise known as “Tooth Level Surveillance.”
Ho-Hum
More here from NetRight Daily
Elena Kagan, Obama’s nominee for Associate Justice on the U.S. Supreme Ct. said while a Domestic Policy Adviser during the Clinton Administration, that a Ban on Doctor Assisted Suicide was a terrible idea.
Kagan’s opinion was expressed in a 1998 handwritten memo during an internal administration debate over whether Oregon Physicians should be permitted to prescribe a dose of lethal drugs to patients who are terminally ill so they may kill themselves.
More here from KWTV, Oklahoma City
Related: George F. Will: More Questions for Supreme Ct Nominee Elena Kagan
Video: Kagan Declines to say that Govt has no power to tell Americans What to Eat
Al Franken, D-MN takes nap during Elena Kagan testimony Via The American Catholic
Elena Kagan solicited positive editorials about Bill Clinton during Whitewater Investigation
Pattern of Socialist Associations–Obama’s Supreme Ct Nominee Elena Kagan
The Socialist Judge: Elena Kagan and the Teachable Moment Via American Spectator
Closing numbers of the NYSE this afternoon, the Dow Jones Industrial lost 268.22
or 2.65% of its value from yesterday, its first close below 10,000 since early June.
A market circuit breaker briefly halted trading today of Citigroup after a trade sent its price tumbling 17%—Citi ended trading today down 7%
Consumer confidence fell in June more than forecast as Americans became distressed over the economic outlook for jobs.
Some U.S. retailers are seeing consumers pull back on purchases. Best Buy Co. the worlds largest consumer electronics retailer, this month reported first quarter profits rose less than analysts expected.
Bed Bath & Beyond, a New Jersey based home accessory retailer, this month forecast fiscal second quarter and annual earnings trailing analysts estimates.
Despite the Obama Administration propagandists traipsing the country claiming that the Economic Stimulus boondoggle was a great success, Americans have lost confidence in the exaggerations made by Democrat-Socialist activists promises of utopia.
U.S. Economy: Confidence Sinks On Concern Over Jobs Via Bloomberg Businessweek
Related: Stocks Skid on Renewed Fears of Global Slowdown Via Yahoo Finance
America’s Ticking Debt Bomb: Like Greece Only Worse Via Yahoo Finance
“When the freedom of speech is taken away, then dumb and silent we may be led like sheep to the slaughter.” –George Washington
Will the Democrat-Socialist Majority in the Senate, give Comrade Obama the power to shut down the Internet for 4 months and silence political dissent?
Internet Kill Switch bill moves to Senate Floor Via Prison Planet
“Any society that would give up a little liberty to gain a little security will deserve neither and will lose both.” –Benjamin Franklin
Related: Obama wants to be Internet Dictator Via Dakota Voice
Democrat-Socialists reach agreement on yet another 2,000 page bill which Connecticut Senator Christopher Dodd says, “No one will know until this is actually in place how it works but we believe we’ve done something that has been needed for a long time…”
Provisions of the 2,000 page monster provides that federal regulators may seize and break-up corporations.
Financial Overhaul: The Winner Wall Street, The Loser Main Street
More here Via The Wall Street Journal
Financial Overhaul Punishes Regional Banks Via FOX Business
Democrats add $19 Billion Dollars in New Tax Increases Via WBUR Radio Boston
Obama must at the very least intended that his 18 minute propaganda speech tonight from the Oval Office would woo Americans under the age of five, that he really has a plan to hold BP Oil’s feet to the fire?
Never let a good crisis go to waste the BP Gulf Oil Spill has become nothing more than another opportunity for Democrat-Socialists to promote their political agenda, cheering the wonders of Cap and Tax which will raise consumer energy costs and will kill jobs during a Recession.
Obama must believe that Americans all suffer from: (a) short term memory lapses; (b) are really nothing more than gullible, naive idiots that will be so easily dazzled by his first prime-time address from the oval office?
January 2008 told the San Francisco Chronicle, that cap and tax will result in higher consumer energy costs electricity rates would necessarily skyrocket
Related Posts: You know when an Obama speech is bad, when Keith Olbermann trashes it
Congressman Steve Cohen, D-TN who once compared Obama to Jesus on the House Floor has joined other Democrat-Socialists calling for the government to seize control of BP America, putting it into receivership to protect the people.
Huh? What ever happened to Due Process?
The U.S. Constitution is intended to limit the control of the central government how much more erosion of our civil liberties will occur before Americans push back?
Related: Judge Andrew Napolitano Exposes Government Lies Via New American
Republicans Accuse Obama of Exploiting the Gulf Crisis Via FOX News
Thanks to U.S. Senator Barbara Boxer, D-CA her Democrat-Socialist colleagues and Barack Obama, according to a Treasury Dept report to Congress, the Federal Budget Deficit will top $13.6 Trillion Dollars this year and climb to an estimated $19.6 Trillion Dollars by 2015
The report quietly sent to lawmakers last week states the ratio of debt to Gross Domestic Product would rise to 102% in 2015 up from 93% in 2009
More here from Reuters
Related: Our Unsustainable Debt: America is on the verge of financial disaster
Here Comes The Double Dip Recession by Dick Morris Via Creators.com
The U.S. Federal Budget Deficit is about $13 Trillion Dollars give or take a hundred million or so.
Since Obama became President despite all of his (broken) promises that he would cut the federal budget deficit the national debt has Quadrupled during Obama’s watch.
With nearly a 10% unemployment rate less revenue is going going into the U.S. Treasury.
Democrat-Socialists love spending other peoples money and have now promised the European Union that the U.S. will guarantee $54 Billion of their debts obligations why are the American Taxpayers now bailing out Europe?
We don’t nearly have enough money to pay our own debts that are bankrupting our nation.
Related Post: Our Unsustainable Debt: America is on the verge of financial disaster