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The "Obama Doctrine"...defending America by cutting the military

Posted by thekeenobserver on Tuesday, April 07, 2009 6:30:40 PM

Publius Flavius Vegetius was a noted military strategist from the late Roman empire.

Despite having a name sounding more like a star from the Food Channel, Mr. Flavius was also a renowned author, whose famous work, "Epitoma Rei Militari" (A Summary of Military Matters) served as a guidebook for military commanders for centuries, long after its "publishing" (circa 390 AD).

Nothing is known of his life or station beyond what Flavius tells us in his work, which carries his most famous and well-known quote ..."Si vis pacem para bellum"-- "IF YOU WANT PEACE, PREPARE FOR WAR"!

It seems that ole Flavius had the right idea way back then, for it's as though nothing has changed in the world for 1700 years hence -- a nation not prepared for war nowadays will most surely not long experience peace.
 
But apparently back in the mid 90's, Mr. slick-Willie Bill Clinton never got the memo, who's reckless actions with China then have now greased the skids for a possible future war.
 
In spring 1996, China had responded angrily to a foolhardy decision by President Clinton to allow Taiwan President Lee Teng-hui to visit the U.S. So Beijing began "scheduling" missile launches in the Taiwan Strait as part of Chinese war games. These tests were clearly meant to intimidate the people of Taiwan.

But in it's own show of force, Washington dispatched two aircraft carriers to the strait of Taiwan --the Independence and the Nimitz-- to ensure peace and fulfill its role as Taiwan's security guarantor.

The display of U.S. might led Beijing to back down; but Clinton's gunboat diplomacy  nearly succeeded in blundering the US into a Sino-American War-- a fact which has since been smothered by the liberal press.

Clinton had failed to realize a most salient point: the Chinese have always taken Taiwan more seriously than the Clinton administration could have ever imagined; and of course, adding to the miscalculation, our intellIgence at the time was faulty.

After Mr. Clinton's dire provacation, China, instead of going to war, vowed revenge.
The Chinese had learned a lesson-- it was time to muscle up.

Beijing decided that it would go all out to develop a way to  wipe out the nearly invincible stature of the "umbrella defense" shrouding all American attack carriers. The result? The deadly DF-21 missile.

Recently, details have begun to emerge from "Jane's Fighting Ships" of this 'kill weapon' to target & destroy U.S. aircraft carriers-- an anti-ship ballastic missile with up to a range of 2000 km. The sheer size of the DF-21 enables it to carry a warhead big enough with the capability of destroying a U.S. supercarrier in one initial strike.
 
But what's most intimidating is the incredible speed at which it flies upward (making it highly invulnerable to interception). The DF-21 rises above the atmosphere at Mach-10, reaching its maximum range in less than 12 minutes. It then plunges rapidly with "smart bomb" guidance capability to strike a moving target at sea-- thereby rendering the US naval carrier umbrella almost useless.

Imagine all US carriers-- going the way of the World War II battleships-- becoming obsolete almost overnight... all through the courtesy of Mr William Jefferson Clinton.

And the Chinese are manufacturing thousands of the DF-21's, with long-on odds of getting through any possible US defenses by sheer overwhelming numbers.

But how could the Chinese have come so far so fast, when back in 1993 , China could barley boost a satellite into earth orbit? Well take a guess. Mr. Clinton sold critical missile technology to the Communist Chinese in return for campaign contributions.

Back in the early 90's, Chinese "boost vehicles" were grossly unreliable. On average, only one satellite launch in four could be expected to succeed.
 
American companies, especially those in the communication & satellite businesses, had been paying hundreds of millions of dollars to launch their products on U.S. boost vehicles.  Then Mr. Clinton came up with a clever deception: for "economic efficiency", he encouraged US companies to collaborate their space technology with Red China, the premise being the cost of using a Chinese booster was just $25 to $85 million per satellite launch, as opposed to four times that in the US.
 
Thus, in pursuit of this "efficiency goal," US space tech companies such as Motorola, Hughes, and Loral fatefully decided to share America's most sensitive missile technology secrets such as  "altitude-control systems", and how to test fire a "kick motor" for the booster's last stage.

The perfection of this kick motor gave China the same American technology to launch MIRVs (multiple, independently targeted re-entry vehicles), and "hydra-warheads" that vastly increase the firepower of nuclear missiles.

The intricate details involved in the transferring of such critical military technology have since been covered up and scrubbed from all official US documents. But the damage had been done; the 8 years of the Clinton presidency coincided with the most massive breach of military security in American history.

Mr. Clinton, in his best imitation of Pontius Pilate, has since dismissed the horrendous technology transfers as being... "beneficial to commercial satellite technology".
 
Good job slick Willie...hope you enjoy the memory should the US and China ever come embroiled in a World War III.

Now, in fierce catch-up mode, China is modernizing its military at an astonishing rate. And besides the "foreign aid" from Mr. Clinton, the Russians have paid dearly for trusting the Chinese in selling them airplanes, their Sukhoi Su-27 Flanker-D carrier-borne fighter.

But China-- though reverse-engineering-- has copied the hard-hitting Su-27 Flanker fighter and its engine parts, re-designating the plane as the Shenyang J-11, an advanced fourth-generation fighter now serving with the Chinese Air Force.

Now the Russians, furious about this security breach, have subsequently suspended all further sales, having also miscalculated the growing ambition of the Chinese toward their avowed goal of displacing America as the world's #1 military power.

And our charming and trustworthy Chinese friends have all but  come out and declared it:

“All warfare is based on deception. Hence, when able to attack, we must seem unable: when using our forces, we must seem inactive: when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near. Hold out bait to entice the enemy. Feign disorder and crush him.”
– Colonel Sun Tzu

On January 11, 2007, in a surprise event, the Chinese launched a missile from a mobile transporter-erector launcher (TEL) armed with a kinetic kill vehicle, and destroyed their own weather satellite from a low, polar orbit. This missile was launched with no advanced warning from the Chinese Foreign Ministry.

The Chinese are going all out to develop weapons to shoot down US satellites--something else that the liberal media has chosen to censor.

These weapons endanger not only intelligence and military satellites, but civilian networks as well-- precisely the reason they have been developing and testing these weapons, and as Chinese Colonel Tzu has stated-- “bring the opponent to its knees.”

And China has stated as much in a chilling excerpt from another military author:

In reading from Colonel Li Daguang’s "Space Warfare"... “Destroy or temporarily incapacitate all enemy satellites above our territory...counter US missile defense systems... maintain our good international image by covert deployment... utilize space strike weapons concealed and launched only in time of crisis.”

And now, can you just picture all the ever-confident Chinese generals gathered together in conference, watching a video spliced together of Barack Obama's "greatest hits"-- his testimony to unilaterally disarm America.

The Chinese cannot but help to draw one obvious conclusion: our new anti-president is another gullible liberal lily, following in the footsteps of Carter & Clinton, who also grossly had misjudged the intentions of our enemies.

Recall the words of "optimism" from then-candidate Barack Obama on the campaign trail last fall... "As president, my sole priority for defense spending will be protecting the American people".

But unfortunately, defending America is the one campaign promise Obama has recklessly decided not to keep:

Promise # 1: "I will cut tens of billions of dollars in wasteful defense spending.”

Translation: Trillions for unemployment, welfare, state government subsidies, for ACORN, the illegal aliens and everything else-- but CUTS for the military.

Promise # 2: “I will cut investments in unproven missile defense systems.”

This is right at the very time that the ballistic missile danger to the US is real and growing; i.e. Kim Jong IL and North Korea.

Promise # 3: “I will not weaponize space.”

Our banking, communications and navigation systems almost entirely depend on satellites. Space lines of communication are as essential for commerce today as sea lines of communication were two centuries ago. Does Obama mean he wouldn’t provide defensive systems for our satellites? Apparently so.
 
Promise # 4: “I will slow our development of future combat systems.”

Our combat systems are becoming ancient. Our air force is flying B-52 aircraft, which are based on 1950s technology. Our army is driving 1960s and 1970s vintage vehicles. And older equipment is expensive, time consuming to maintain, and potentially dangerous, not to mention obsolete.

And while Mr. Obama blithely decides about setting aside national security and grossly cutting our military-- what about the economy stupid?

Following the installations of the policies Obama puts forth, the defense & aerospace industry will have to shut down a large percentage of their factories & offices; and the employment of hundreds of thousands of defense workers will be affected across 50 states.

The budgets from these programs comes directly from the Congressional Appropriation Acts every year, so the money would have been there had Obama decided otherwise. But with this reckless stoppage, cutting such a large portion of our technical work force leaves a huge gap in the gross national product.
 
But according to the "Obama Doctrine", what is more important is bowing down to the Taliban, North Koreans, the Iranians, and our good  friends Putin and the Communist Chinese. And since they're all so straightforward and peace loving, why should we need to spend on defense?

"Si vis pacem para bellum".  But will Obama bring war by preparing for peace?

Mr. Obama’s views reflect that of a knee-jerk liberal academic, who not only exhibits a shocking lack of knowledge of history, but also thinks that the US is the primary threat to world peace.

His naivete and his statements suggest a shocking misunderstanding of national security issues. And like Clinton, he could blunder America to the verge of a war with China-- a war they've been preparing to fight for almost 15 years!

But Mr. Obama does exhibit one unique presidential strength...he's not afraid to speak with our enemies, who see him as a weak appeaser, who violates Flavius' law-- preparing for peace and inviting war.

Thus Obama feels the need to Increase government spending on "more important" things like green energy initiatives, failed public schools, national healthcare, higher taxes, bigger government (except the military) etc.

And with co-president Michelle by his side (who may be actually calling the shots) he will march us on towards one world government under the UN, and his dream of a socialist utopia.
 
And what is scarier? Korea launching ICBM's unchallenged, Iran working on nuclear weapons capability, or Obama proposing to weaken our national defense? If he gets elected again for a second term, we could be defending ourselves with bows and arrows.
 
Both Obama and Clinton, along with the majority of liberals in Congress, have made their position very clear-- surrender is an option.
 
Obama isn't exactly going to go down in history as the next Teddy Roosevelt. Instead of carrying a big stick, he has chosen the path of your typical liberal lily, who will defend gays, the poor, the unemployed, the rights of women, criminals, illegal aliens, the prisoners of Gitmo, Hamas, Hezbollah, Castro, and everyone else -- but not the United States.

www.keenobserver.blogtownhall.com

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Will Obama and hyperinflation destroy this nation? Yes he can!

Posted by thekeenobserver on Thursday, March 12, 2009 4:16:00 PM

Get out the wheelbarrows. Prepare for heavy lifting. Congress is setting us up for 1920's Germany, and the hyperinflation that once destabilized that country-- leading to the rise of a Austrian lad who's grandfather went by the name of Shicklegruber (Adolf Hitler).
 
In only the last five months, the U.S. overall money supply (M-I) has nearly tripled. M1 includes cash, total demand and government deposits with commercial banks, and money in all the federal reserve banks. And according to best current estimates, M2 (the current money supply in circulation) is hovering at just around 7 trillion dollars--give or take a few hundred billion.
 
But ho hum--a hundred billion here and a hundred billion there-- no big deal to a Congress bent on keeping themselves in power, while they simultaneously destroy every American wage earner's standard of living-- perhaps permanently.
 
Our hallowed 111th Congress is acting like a college freshmen who's just received his (her) first credit card, deficit spending as if they were awarded some unlimited ethereal financial prize, to be spent as one sees fit --with no accountability--and no consequences.
 
To an extent this is true.
 
Yes, long after the inevitable hyper-inflation overcomes America- perhaps ten, fifteen, or even 20 years down the road, the recklessly-spending Congressional perpetrators can choose not to run, and retire on federal pension worthy of a monarch.
 
But does anyone realize that this money the Congress is now delegating for stimulus, supplemental budget expenses, etc. isn't real money, or in fact, that it is not OUR money?

The money is not borrowed. The money is PRINTED.

Current amount of money in circulation (M2) = 7 trillion. Now add the 1 trillion anti-stimulus bill Obama signed into law recently, and every dollar American workers will now earn is worth 14.2% less-- just like that.
 
Now add the 410 billion supplemental budget federal spending bill (earmark-laden) that has just passed, and do the math again: $410 Billion divided by $7 Trillion = 5%. That's right sports fans, in just 3 weeks, your buck has just turned into little more than 6 bits...an inflation rate of almost 20% in less than a month!
 
And the wheelbarrow is getting heavier --basically amounting from more debt to pay off debt. Such fiscal brilliance! The "big money" liberals trying make the impossible possible-- printing money backed by nothing, pretending the interest is free (non-existent).
 
Nancy Pelosi wants a second anti-stimulus bill; Fed chairmen Bernacke says the first one "may not have been enough". Barney Frank is calling for more stimulus. Obama wants 600 billion for revamping (socializing) health care...a Congress running rampant with earmarks...Hillary wants almost a billion to rebuild Gaza. And always accompanied with that ad-nauseum exhortation: "We need to act now."
 
Sure: Act now-- but pay later-- and to what disastrous end?

But mysteriously this fiscal recklessness is never called into question by the media. Even Herbert Hoover would probably know that to add more debt onto an already growing $12.4 trillion existing pyramid of financial obligation would invite catastrophe.

The annual debt interest payment right now is at $600 billion--and growing--an unsustainable amount. Yet Obama and the Congress want to add another 3.4 trillion in deficit spending to fund a boundless plethora of unending federal programs--fiscal insanity on steroids!

Meanwhile, "the bearded one"- Ben Bernacke-- will be toiling away, printing all this "new money" in the fed basement.

And it matters not when Bernanke injects this newly printed money into the economy—it’s how much that counts, because all fed injections immediately act to distort the nation's production structure. The larger the injections (and the longer they continue) the larger will be the distortions. These "funny-money" injections equal more dollars chasing the same amount of goods and services-- ergo...inflation-- which exerts downward pressure on the value of the dollar.
 
With the eventual surging of prices at home, and a depreciating exchange rate, foreign holders of greenbacks might one day decide that they have had "enough"-- starting a run on the currency by dumping their dollar balances-- forcing the Fed to raise interest rates ever higher, and triggering a more devastating recession; or a scenario even worse than the original Great Depression-- a second hyperinflationary depression-- 1920's Germany revisited.
 
In a more simple analysis, let's say we've been building a debt pyramid over the last decade, and now we'll be adding huge new amounts to the base at the bottom, while all the while, the interest will be coalescing at the top. And given time and the continuation of reckless deficit spending, the debt pyramid may become distorted in shape-- growing top heavy-- and at last, it tips over.

Ergo...hyperinflation.

But our beloved anti-president, Mr. Barack Obama, will be long gone out of office when and if that occurs; and of course, living large on his ex-presidential pension.

So should the "average Joe" be mindful about WHEN and IF we do run out of the printing option? And how much of a concern should it be now for all Americans, who already have more than enough to worry about concerning the economy?

Could the world eventually become so flooded with PAPER dollars, that some of our lesser foreign creditors begin to say: "Okay Meester Bernacke...we hold enough of these flimsy dollars now, so if your foolish American Congress wants more credit, we'll need something more solid than all this paper currency in return."

So bye bye Fort Knox...hello national insolvency. And then what?

Then it'll be time to break out the Kruggerands (gold coins) hidden in the cellar, because American money won't be worth the paper it's printed on-- and the Fed won't even have enough credit left to purchase the the green ink.

And the OPEC countries and the Chinese (previously reluctant to dun their number one trading partner) will then be forced to pull their "debt  triggers", and deliver the final coupe de' gras. Then its turn out the lights America-- the party's over. We'll have descended into the financial nether existence of a third world nation, totally bereft of all liquid assets, with liabilities extending "as far as the eye can see..."

So Mexico-- prepare for a taste of your own medicine: Americans might one day be reverse-migrating into your territory, with all of them seeking a sense of survival after hyperinflation comes to the fore, and completely destroys the affluence of a once-proud and powerful nation.

www.keenobserver.blogtownhall.com

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America's proud OPEC "alliance"... will it pave the way to permanent energy dependence?

Posted by thekeenobserver on Wednesday, December 17, 2008 7:13:51 PM
 

Shiver me timbers...those meany Saudi Arabians are at it again! They are out to pirate a big price hike for a barrel of crude oil with their announcement of a huge OPEC production cut. And two other non-OPEC outsiders, Russia and Azerbaijan, also announced similar production cuts, in sympathy with the move of the Saudis.

 

In a quote from the New York Times, it was reported that..."Saudi Arabia, the world’s top exporter, issued a cut of 2.2 million barrels a day, or the equivalent of 2.5 percent of global production, to “bring things in balance,” according to the Saudi oil minister, Ali-al-Naimi" (unquote). 

 

OPEC and the oil ministers of the 11 nations, under the group's quota system, agreed to take a total of 4.2 million barrels a day off the market, the largest single production reduction in history.

 

Oh well; just when it looked like cheap, buck-n-a-half gas might be the remedy for an America mired in a debilitating, bone-rattling recession, we can instead look for prices to zoom back up to $2.50-3.00/gallon in the next 3-6 months or so, because OPEC is taking no chances: they've seen this "oil-oversupply" movie before, and they'll keep cutting production until the price gets back up to the 70 dollar-a-barrel level.

 

But what is most disturbing, is that Americans have also seen this exact same movie before in the 1990's, and learned ZILCH. Bill Clinton's presidency is widely regarded as the 'roaring 90's'. But Clinton was a leftist liberal, who luckily benefited from the perfect storm of falling oil prices, productivity gains of the computerized workplace, the explosive growth of the internet, and the concomitant dot-com job creation machine.

 

And in the eye of the perfect storm, was a republican Congress, who passed welfare reform, drilling in ANWAR, and a balanced budget-- and literally dragged a reluctant, kicking and screaming Bill Clinton, into a golden decade of prosperity.

 

But the Clinton administration made one of the most costly and long term damaging blunders in U.S. economic history, when slick Willie vetoed the congressional bill to initiate drilling in ANWAR. Back then, Mr. Clinton had 'succumbed' to the radical, Al Gore environmental lobby, and willingly danced at the end of the puppet strings of the Sierra Club.

 

But Clinton's 1995 veto didn't just restrict drilling in ANWAR. His lethal blunder set the stage for grievous long-term structural damage to the U.S. economy, due to the eventual result of the ban: a huge net capital outflow of  $700 billion annually to OPEC over the last decade, with no end in sight.

 

The veto also set the precedent for the current political-environmental insanity we have today, where 4 trillion dollars worth of American oil reserves have been declared to be both illegal, and also to be a supposed ecological disaster waiting to happen. 

 

What America stubbornly refuses to learn is that OPEC has directly affected the quality of our lives just as much as Congress, or any of the presidents or foreign wars in the last 40 years. Consider where America would be if ANWAR had come online in 2000, and the price of gas had stayed below a dollar-fifty/gallon. What then? Would we even be in a recession today?

 

Well, for starters, the U.S. would now be producing close to 50% of its domestic needs, rather than the current 30%. Instead, were importing 70% of our oil, and U.S. domestic production from aging oil fields is currently dropping at a rate of 2% a year. In just the next decade, we will be importing better than 80% of our oil, and falling further down into the unsustainable drain of our capital outflow to the foreign oil producers.

 

Currently, the United States remains a capital starved country. We produce practically nothing. We import almost everything. We are literally a debtor nation; and when it comes to our energy needs, we’ve been reduced to the status of a BEGGAR nation. Our economic fortunes are no longer in our own hands, but in those of the very people who despise our culture and way of life, and will do all they can to see us continue to falter.

 

And as a beggar nation, a once-proud America can only hope and beg for OPEC not to continue to short their production, and further burden the world's economy with yet another energy price shock, similar to the four dollar gas we saw as recently as last summer; and which is sure to return again--it's only a question of when.

 

But regarding our self-defeating energy policy, we're the nation of hope. We can only hope oil prices stay low. We can only hope that OPEC doesn't get any greedier. We can only hope that somehow, a new miraculous source of alternative energy will magically emerge to replace oil, and provide us with the hope for cheaper energy prices, and better times ahead. Yes, let's all just sit back, and keep on hoping for the best.

 

But hope is basically an excuse for DOING NOTHING.  And given the current political climate, it's what America does best...doing nothing but hoping, and watching our standard of living decline ever further, with every new tanker of foreign oil that docks within our ports.

 

But can their be any hope that America will see any relief from OPEC, when the politics of the country is so virulently against 'Big Oil'? Barack Obama, during his presidential campaign, cleverly was able to create a common enemy, the Exxon corporation, and constantly railed against "big oil" as though Exxon was being run by Lucifer himself. This political insanity of opposing domestic oil companies is only going to make a bad situation much worse, as the rest of the entire industrialized world seeks to develop new oil resources, while America is worried about turning back the oceans, and saving polar bears from drowning.

 

Perhaps Obama will consider a new State Department cabinet position-- the Secretary of Hope. This person would be in constant contact, and travel abroad to brownie-up the various OPEC heads of state, and tell the oil producers very nicely that... "We sure hope you don't lower your oil production!". This person would also be informing the Chinese that we hope they DO change their plans to horizontally drill offshore with their partner Cuba, and hope they DON'T suck our domestic reserves dry from underneath the Florida continental shelf just 60 miles offshore of OUR borders.

 

But goshdarn; it's just so much easier to hope, because reality seems so bleak. OPEC is out for OPEC. And the Chinese are out for China. They care not about America. They only seek what's best for their countries, and undoubtedly howl about the folly of the United States for restricting its own oil production for none other than blatantly insipid political reasons, like putting the prosperity of people subservient to the welfare of animals.

 

And because of the blunders beginning with Clinton, our OPEC "alliance" will continue to keep us over a barrel for the next decade or so, given the politics of the day, as the Obama Administration teams up with an expanded liberal majority in Congress. And this same majority will no doubt begin an all new, even more disastrous environmental assault on "Big Oil" in the next four years, and continue to enrich OPEC to the unnecessary detriment of our nation.

 

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Barack Obama's first term...too big to fail?

Posted by thekeenobserver on Friday, November 21, 2008 11:01:27 PM

NOV 10- 2008: Robert B. Reich, who was Bill Clinton’s first Labor Secretary, and now teaches economics at the University of California at Berkeley, recently weighed in about the prospects for the outlook of Barack Obama's first term in the Whitehouse.

Reich began his talk by reminding his audience that the nation was at a crossroads, not unlike 1932 when Franklin Roosevelt took office. Professor Reich began:
 
“Obama is not about the restoration of government as a progressive force per se.”  Huh?... WHAA he say?
 
Translation: Sorry Charlie...do NOT expect anything new from the most sacred, 'yes-we-can-man', Barack Obama... the man himself said he was "a blank slate", so here you are.
 
Reich: "We are now going to affirm the importance and centrality of government in the future of the nation".
 
Translation: Barack Obama is another, in a long succession, of tax and spend liberals.

Reich: "Wall Street lies prostrate after suffering something like a paralyzing stroke; and, with the country entering a deep recession, both deficit spending and financial regulation are givens."

Translation: (1) Obama will print more paper money than Parker Brothers. (2) He will go after big business with environmental controls, and knuckle them under with the threat of higher corporate taxes if they dare protest.

Reich went on: "Obama will take power at its lowest ebb. It is for all these reasons that 2009 will be more like 1933, than 1993. Nonetheless, in my opinion, President Obama’s ability to act quickly will be compromised. We are not in Hundred Days territory...we may need to react quickly in the first 100 days if the economy goes into free fall—the public may demand dramatic action. But there are so many constraints on dramatic action".

Translation: once again, (to reiterate) Obama hasn't a clue of what to do!

Reich: "The tremendous expectations that will accompany Obama to the White House practically guarantee that some of his supporters will be disappointed by the all-too-normal incapacities of a government founded as a system of checks and balances, and lately choked with lobbyists... and confirm the deep cynicism in the public about the capacity of government to do anything big and well.”New Presidents make mistakes...this may take 3, 4 or even 5 years".

Translation: Obama needs a second term, and in the meantime, lookout below! Anything may happen.

Well America, when Mr Obama was running, he often juiced his campaign rallies with his famous humble promise, “This has never been about me; it’s about you".

Translation: "Just elect me the president, and we'll all wing it together from there"

Recently, at a unscheduled lunch time press interview in Washington, Obama cautioned: "There are no quick or easy fixes to this crisis, which has been many years in the making, and it's likely to get worse before it gets better." But Obama said "Inauguration Day, Jan. 20, is our chance to begin anew".

Translation: Yup..expect more of the "blank slate policy" during his inauguration speech. And notice that subtle escape clause- "likey to get worse"-- this means he'll continue to harken back to the dreaded shopworn excuse, "the failed policies of the Bush administration from the last 8 years"...ugh...haven't we heard that enough?

Obama continued..."We must do more to put people back to work and get our economy moving again. If we don't act swiftly and boldly, most experts now believe that we could lose millions of jobs next year'.

Translation: Positively brilliant outlook and foresight from our 44th president. Try to contain your excitement. Get ready for the litany of excuses..."the failure of trickle-down economics"..."we must put aside Wall street and emphasize Main Street"...etc. ad nauseum.

Final Translation: what Reich and Obama have attempted to communicate here is: the inscription on Obama's blank slate will probably read..."economic train wreck during first term".
 
Already Obama surrogates are apologizing, laying down the feelers to the public, and are planting the seeds for his re-election-- basically so much as admitting that the inexperienced Obama will be way over his head during his first stint in the oval office. 

Presently, people expecting some magical change in the new Obama administration, have been rewarded with more of the same. .. the same Clinton corps of cronies and surrogates from the 90's.
 
Yes America...they're B-A-A-A-CK-- Reich, Carville, Hillary, Lanny Smith, Rahm Emmanuel, John Podesta, Eric Holder, all gloriously re-emerging into the Obama era. (Janet Reno is presently MIA)

But no mystery here...Obama, only having been in Washington for  3 years, doesn't know anyone else. Hence all the retreads from the Clintonian era.
 
Yup, it's that blank slate thing again...so it was either the Clinton cronies, or the Chicago old time gang-- Valerie Jarret and the rest of Obama's south Chicago mob.
 
But where is the bi-partisanship? Where is that post-modern politician Barack promised? Oh well... that's all in keeping up with his campaign theme 'for change'. Now that he's been elected, he can change his mind any which way the political wind is blowing.

This basically confirms what many republicans warned of: Obama was all story and no solution. This is uncharted ground for Mr.Obama. There's no next higher office to run for now. The buck stops here. So Obama must either figure a way to pass the buck (blame Bush?)...or actually set some course of tangible action.
 
But poor Barack...he only knows one thing-- more government, more regulations, and more taxes-- exactly what will turn a bad situation into an economic debacle.

Just look at Wall Street.The market trades basically on solid expectations. But the one thing the Street cannot tolerate is uncertainty! And the market is spiraling down in a cyclone of economic bad omens. And worse,  the specter of the Obama tax hikes has basically pulled the plug for any type of bounce for the Dow-Jones in the near future.

Wall Street is about creating wealth. But Obama (intentionally or not), is about destroying wealth. Oppressive tax policies on the wealthy destroy initiative; and destroy the most essential element of future economic expansion--CAPITAL!  People seem to be thrown for a loop when that word 'capital' is tossed out there. That includes Barack Obama.

But the maddening question is: Why doesnt the Chosen One choose to calm the waters? Just announce simply, "no, we do not plan on raising taxes for the foreseeable future, because in a downturn, this is a bad idea".
 
But Obama stubbornly has kept mum, and taken a phlegmatic approach to the massive loses in the market; while all the while, panicked investors and big money speculators are hitting the exits in droves-- fearing the worst --socialism!

If Obama had any compunction at all, and wanted to stop the see-saw plunge, he could easily just say..."stop...I won't raise taxes". But to him the market panic is just another event under George Bush's watch that he can use to fuel his argument about the "failed policies of the last 8 years", and "failure of trickle down economics", blah blah-etc.
 
Obama doesn't see the losses as suffering for people, but rather an opportunity, because he suffers himself from that incurable disease-- economic liberalism-- a disease which is always terminal, and has no cure.

Economic liberalism's symptoms are many, but the cause is simple...those who suffer from it have never worked a hard day in their lives. They have no idea of what it takes to earn a buck in the real world; they never have had a real job in the private sector; and literally believe money doesn't grow on trees, but anyone who has more money "than they deserve," must surrender the excess to those who have less.

Liberals never believe they can make a mistake, they just think another government program is necessary. Hence classic liberals (like Ted Kennedy) have no idea of actual work, or sweating for your pay; they have never held a shovel or pick in their silky smooth  hands.
 
Liberals usually are not religious; they only morality they believe in is the morality of big government. They deny the real world's rules, which have held for mankind since Day One.
 
Even the old testament's original story was based on the hard work of mankind as a fact of life. Recall the tale of Adam and  Eve. When they were banished from the garden of paradise, God sentenced Adam to a life of having to earn his living "by the sweat of his brow"...it was a sad story, but to this day, a few thousand years later,  it's as true as ever.

So has Barack Obama ever spent a day working till his brow sweated? He was a community organizer, law student, muny lawyer, and politician--never a hard day did he ever work! Never a day spent in the private sector, where the real work, and the real business and production of the wealth of the economy takes place. 
 
And ironically, Obama is now looked to as the one who would solve our nation's most intractable problems: job losses, profit declines, and government barriers to the free market. Basically its like asking the devil to show the way to heaven.

The devilish Obama knows that the worse the economy gets, the more the people will view him as a savior, and it will grant him more time to experiment with his socialist economic alchemy. That's why he's mum-- "let the Wall Streeters suffer from uncertainty--it's not my problem until next Jan 21".
 
Obama has always relied on his sacred power with words..." we’re facing an unprecedented perfect storm of crises—the economy, climate change, and peak oil." He will attempt to make a bad situation seem even worse, because the the more hopeless the people feel, the more they will stand behind him to lead the way out.

But incredibly, Obama has weighed in with detailed solutions-- not about the economy-- not about the energy crisis, or the 11 trillion dollar national debt (and threat it poses); but rather to solving SPORT'S most intractable problem... the NCAA football playoff controversy!
 
This shocking misplacement of our nation's priorities basically reveals the mindset of the evil professor Obama. He looks upon the presidency as his own sort of ball of yarn, to be pawed at and rolled about like a playful kitten, because the Obama media cult has placed him in the "CAN'T FAIL" category.
 
Too big to fail? That's Barack's trump card...thats his free pass he'll have for 4 years. The media have placed all their eggs in the Obama basket. And they will support it from falling until the bitter end, if it should come.
 
Obama will use the FDR model, and have a frenetic" first hundred days." He will distract...he will talk tough about the environment to the smokestack industries. He will initiate a blizzard of important, liberal, make-work job legislation, hike the minimum wage, and be praised by the people as an "action-oriented President".

He will talk about government programs for infrastructure, and alternative energy efficient cars. He will initiate the idea of a health care czar, an alternative energy czar, and an environmental czar. There will be more czars to rule than in all the history of Russia if the Obama plans are passed.
 
The more measures he passes, and the more government programs he initiates, it will cement his true objective-- a second term. But unlike the New Deal days of Franklin Roosevelt, conditions today are VASTLY different.
 
There are 50 million people now who depend on social security, either for their retirement, disability, or survivor benefits. The average check they receive is 1300 month, which is 15,600/ year, times 50 million; which equals a monster 780 BILLION annual obligation!
 
And also, there's that bedeviling annual interest to be paid on the national 11-trillion dollar debt...another 600 billion! And we're already at close to 1.5 trillion in annual obligations that must be paid out on time.
 
Now, add onto that another 700 billion in annual dollar exports to OPEC, and we're over 2 trillion....now add on defense--approx 500 billion...medicare-- 500 billion...combine that into a deflationary, double-digit-unemployment economy, leaving Obama with little choice but to run the printing presses and borrow away.
 
So, what does this all portend? Pick your favorite word-- debacle--calamity-- insolvency...or 2nd Great Depression? 
 
This is like handing over a 747 jet, flying on one engine, into the hands of a Cessna pilot! If the economy continues to lose altitude, will the rookie Obama be able to stop it from spiraling down out of control?

Caution Mr. Obama--our debtors are not blinded by the your cultish mystique. Debts are not taken lightly. The creditors are not foolish. Obama can't pass some liberal law to prevent the Chinese or the Saudis from shutting off the spigot, and wreaking economic disaster.
 
Virtually overnite, we could assume the economic status of 3rd world country. The U.N. would flee our shores. The world will say..."We told you so...you arrogant Americans are so foolish! You have mishandled your economy for years...producing nothing, and importing everything. So what did you expect? Your Barack Obama was no miracle worker as he led you to believe. ..just another socialist-idealist out of the failed European mold".
 
"We now own you America-- you Americans have squandered your chance, and you have chosen to leave your wealth in the ground (oil), and tax the very people to ruin who provide your work. Foolish liberals, thinking you could continue printing money from nothing ..and that you would get our credit for free! And we will collect it all, or take reprisals"...
 
The moral of the story? The disastrous liberal tax and spend policies will not work this time, because America is no longer a wealth-creating nation. Today, we have become (to put it bluntly) a debtor/beggar nation, currently under the leadership of those who would tempt calamity for their own selfish ends-- the retention of power!
 
But the authors of this disaster (should it occur)... these implacable, inculpable liberals, are no fools. They will suffer the least, and most will suffer not at all. They have already enriched themselves from the government coffers, and will be long gone should the apocalyptic final event occur-- leaving high and dry, an honest, bewildered, hard working nation,  wondering..."maybe this hope for a change thing wasn't such a good idea in the first place".  And the United States of America will never be the same.

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