Sunday, June 20, 2010

OBAMA BLASTS EUROPEAN UNION

SPECIAL POST

Faced with the reality that his economic stimulus plans have not worked and that his ERA programs have not lessened unemployment, President Barrack Hussein Obama reacted as anyone could easily predict to the news that the members of the European Union are drastically cutting back spending in an effort to avoid financial calamity… by saying that their actions could hurt the U.S. economy. In other words, he’s not accepting responsibility and blame for his own mismanagement; instead, he’s transferring blame to the European Union when, in fact, we should be following their lead and cutting back on spending here at home.

Obama continues to plow ahead speaking, as Native Americans would say, “with forked tongue.” On the one hand, he tells us that the country needs to quit spending and on the other hand he continues to spend our money hand over fist. His administration has refused to account for the TARP money and ERA money that has been allocated and, “let me be clear,” the Republicans have not pursued that question, either. He’s forging ahead with pressure to pass his Cap and Trade legislation and to shove tens of billions of dollars into another economic stimulus.

The Mohegan Sun, a Native American Casino in Connecticut, has received over $54 million in stimulus money at the behest of Senator Charles Dodd. That casino made $1.3 billion in 2009. The Obama Administration has turned a blind eye to this type of blatant misappropriation of taxpayer funds. This is but one example of misspending of ERA and stimulus funds over the past 18 months.

With all of this spending going on, unemployment hangs on at 10.0%, the first-time filings for unemployment benefits soared last week to 472,000, retail sales are down and other ominous signs point to the fact that Obama’s tax and spend agenda has failed the nation in a time of desperate need. Still, instead of listening to the growing clamor of economists who are calling for reduced spending and reduced taxes in order to get small business back into the hiring mode, he blindly continues to go forward to where no successful man has gone before.

He’s not akin to a drunken sailor; rather, he’s like a drunken gambler in a casino, out of money to play with and begging the credit manager for a higher credit limit. And, he’s gambling with the taxpayer’s money and the well-being of our grand children.

Only Congress can rein this drunk in, but Congress has been party to his drunken antics. Even the Republicans, now trying to retreat into a false sense of conservatism, were there at the spending trough in late 2008 to hand over $850 billion to Geithner and Bernanke without restriction. It is apparent that, in order for us to force Congress into cutting Obama’s spending, we need to remove every Member of Congress who is up for re-election.

Obama suggests that the damned European Union is just trying to make him look bad. This is all their fault. It’s time to quit blaming Bush and pick on someone else, and God forbid Obama should ever own up to his own pathological shortcomings.

This is just one more compelling reason for us to stand together, shoulder-to-shoulder and arm-to-arm as we move forward to take back our country.

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