The $787 Billion mistake

Forbes has a lovely article about the American Recovery and Reinvestment Act here.

Basically, the economy is slowly showing signs of improvement with the rate of job losses slowing, consumer spending increasing, and the stock market having recovered nearly 40% since March. The Congressional Budget Office is saying that only $37 Billion of the $787 Billion has been spent so far, so it is obvious that the recovery thus far isn't because of the ARRA stimulus.

I recall hearing our almighty teleprompter assure the nation that the only way to recovery was through this massive government stimulus, apparently that aint how it is going down. Recovery is coming because of the American spirit and free market principles. Whenever there is artificial growth, known as a bubble, the economy needs to readjust and shrink down to sustainable levels of growth.

There is no way of knowing if we are truly out of the woods in all this, but one thing is certain, if the government insists on spending the remaining $750 Billion there will be another crisis that we can't throw money at, a debt crisis.

The government needs to kill the ARRA before it is too late and drop the archaic Keynesian model of artificial government stimulus.

Hope and Change!

We're screwed

It's official, the Obama administration has gone mad with power and we're headed down a path that will make Hugo Chavez look like Ronald Regan. There was a recent opinion piece in the journal stating that Barry Hussein is actually rejecting the return of TARP funds from banks that are of some prestige. One particular bank has been sitting on the cash for months, wanting to write a check including interest, trying to return the nearly billion dollars it got from the government. The Obama administrations response? There will be adverse consequences if the Chairman persists in his efforts to return the taxpayer's money.
Why in the world would the government reject the return of taxpayer funds? It's simple, Stuart Varney says it is because they want to directly control the financial system, and I think he's 100% spot on. Barry just flexed his pimp-hand with GM by firing their CEO. Isn't this the responsibility of the board members? Couple that with the passing of the Pay for Performance bill that gives tiny Tim Geithner the power to set the pay for any employee that works for a company that has received government funds. Then there is the story from Bloomberg  where Geithner says that they are prepared to do more of what was done at GM and oust the senior management and board of any company that receives government assistance.
Simply put, the America you and I love is on life support and Barry and his cronies are itching to pull the plug. Yes comrades, change is coming to America!
I suggest you to head on over to MSNBC and give Barry a grade for his stellar job.

Blog-stalker

So I was perusing some random blogs of people I went to high school with and I came across a funny post about Obama. This was from back in November when Barry Hussein was elected. And I quote...
"Wow this country has come a long way! We are going to have our first African American president. I am sure most of the people in Utah were hoping McCain would be president, well at least we won't have to pay as much taxes!! Hopefully this tax plan can get us out of this huge deficit hole. Lets all pray that everything will be ok and eventually get better! "
When I read this I literally LOL'ed all over myself. Wow, simply stunning.
Hope and change and all that other crap!

Save us oh mighty teleprompter

I'm starting to think that Obama should have a teleprompter installed in his retina because whenever he tries to speak without one, bad things happen.
First, he tells the good people of America that there are 57 states in the US and now he is making fun of people with special needs.
Maybe Obama is the one with special needs.

Government Accountability

According to politifact, Barry Hussein made 514 campaign promises. Obama said that he wants the American people to keep him accountable so that is why politifact made their truth-o-meter. They track the promises that he has kept, broken, and made compromises on.

Truthfully, there are a lot of promises that I hope he breaks like that whole marxist wealth-spreading kick he is on.

There are a few promises that have already been broken like the one where he promised at least 5 days of public comment on any bill that he plans on signing. Oh, then there is that promise to keep lobbyists out of his cabinet.

We can't forget the whole earmark issue either, considering he just signed a spending bill with nearly 9000 earmarks. I find it cute that he blamed that one on Bush because it was a bill from last year. Earth to Barry, you're the big cheese now, it's time to grow a set and step up to the plate.

To be fair there are a few promises that he has kept. Like the promise to get his daughters a puppy, and the promise to close gitmo, yay!

Following is the link for politifact's truth-o-meter

http://www.politifact.com/truth-o-meter/promises/

Reality bites

The good word is reporting that Obama's latest poll numbers are at the same level that President Bush's were in 2001. Given his astronomical popularity, could it be that the America is experiencing a bit of buyers remorse?

Hope!

Below is one of my favorite pictures of the annointed one, I find that it is rather appropriate.

This inspired me to make a picture of my own using an actual leader, I give you "Reaganomics"

I found another using google image search

Juiced

Mr. Obama is like a chicken sandwich from McDonald's. He looks tasty, but once you bite into and endorse him, he will explode and the hot juices will burn you. (Any questions about where this analogy derived from should be directed to David Smith. And if you don't know him, I'll explain.)

p.s. I hope my TWG colleagues don't strip my admin privileges for posting too much.

My Obama top ten

Rather than focusing on how much the new administration scares the crap out of me, I decided it would be better to make a list of the benefits of the Obama bin Biden presidency, please to enjoy.

The power of the chosen one is enough to heal a disabled state senator    http://www.youtube.com/watch?v=C2mzbuRgnI4

Joe Biden is the Stimulus czar...

Fiscal responsibility meetings one week after signing a 787 Billion stimulus bill

We finally get to spread the wealth around and punish those evil swine that make more than 250K, or is that 200K.  

http://www.youtube.com/watch?v=PUvwKVvp3-o

We wont have to worry about working to put gas in our car or paying our mortgages.  http://www.youtube.com/watch?v=Bg98BvqUvCc

Possible cabinet positions for patriots like Bill Ayers, Jeremiah Wright, and Tony Rezko.  At the rate the other nominees are dropping out, these guys may have to pinch hit.  

Rock  solid endorsements from Hugo Chavez and Louis Farrakahn.  

The geographic expansion of the United States from the current 50 states to 57 states, plus the 2 that he hasn’t been to, Alaska and Hawaii. 

http://www.youtube.com/watch?v=EpGH02DtIws

Fun words like Obamanomics.  

The return of eloquence to the white house. 

http://www.youtube.com/watch?v=eI5Eo9OMSgU&feature=related