Obamanomics ... What now?

[Aufan 1983]

2 days ago I bought into CIT thinking after all the govenment rescues there is no way the Obama administation lets it fell due to the effect it would have on small business. WRONG. The buy was my fault and I did average down in the high .30's so I'm not in too bad of shape but this opened my eyes a little more and put me to thinking more about what the current administration is all about.

It now looks like healthcare is next for our President and his group of cronies. A group that has already made taxpayers the owner of a automobile company, an insurance company and a few banks now have their eyes set on becoming the owner of our healthcare system. Do we really want the government involved in another area of pirivate business? If you are one who thinks its a good idea try taking a trip to your local dmv and see how much fun it is when you try to renew your drivers license or get a tag. If the government struggles with something as simple as renewing a license what will they do with healthcare?

Obama has destroyed what little was left of our free market system and the assault on small business is eye popping. He don't care about small business and has made that clear by his unwillingness to help CIT after throwing huge money at the likes of GM, AIG, BAC, JPM, GS and many others. He will follow this up with more taxes on the group that employees more people than any other sector and thats small business. Why should we expect anything different from the group that has entered pivate business and went as far as telling them the CEO had to go or could stay.

Obama more than any president in our past has made it a sin to be a successful business owner or for that matter to be anyone who makes better than average money. He will prove this over and over as he enacts new taxes and regulations. To be successful now you will have to do it while fighting our government. He has made it clear that he wants to redistribute the wealth and he is well on his way.

Just some thoughts as we watch our defecit climb faster than at anytime in ou history. Blame Bush all you want but in 6 months Obama has did more to destroy our economy than Bush did in 8 years.

Next time you are out take a good look at the small business owners in your area. The mom and pop operations that make this country tick. You may not see them much longer as we move towards a socialist form of government.

We are getting what we ask for but did we really know what we were doing?

[BadThad]

Funny, I just wrote my congressman today complaining. The first time I've ever done that. Enough is enough, we simply DO NOT have the money or tax base at this time in history to support a huge, liberal government spending spree. Doing so on top of this horrible economy will damage America so badly I wonder if we'll ever recover. Cap and tax, working Americans paying for health care of the non-working, "green" energy, and the bogus climate change BS will completely destroy what's left.

The ONLY good to come of this? Perhaps the American people will finally wake up and understand liberalism is a complete failure. When there's almost no jobs because they've taxed the "evil" rich (job creators), taxed companies into closure and taxed the middle class into bankruptcy, then they will realize.....just MAYBE. Or perhaps the wacko left won't be happy until all is lost and we're living in tent cities and riding horses.

[Quikshft]

Yes I prefer "trickle down" to "squeeze till something runs out" any day.

[thegreatgate]

Here is a nice post from another forum about big government (liberalism) which makes you wonder: Why the !&%# would anyone want the government taking over two of the most complicated aspects of our economy: our financial system and health care? Very scary thoughts

Tell us, please. What is it about the US federal government handling of finances, personal information, and management of programs that has supporters of big government so convinced that they will do a great job with your health care? Is it how they've handled Amtrak, Freddie Mac, Fannie Mae, the postal Service, immigration, their oversight of hedge funds like Bernie Madoff's, bank failures, AIG bonuses, the Iraq war, drug cartels, the transparency of campaign contributions, corporate tax loopholes, or the administration of Veterans hospitals that stokes your confidence? I almost forgot, how could I omit these glowing examples of government efficiency: Social security and Katrina. Add to that massive budget overspending and trade deficits. Or is it the fact that our representative legislators have set up a better health care system for themselves than you will ever see in your lifetime? What is it that provides the definitive model driving the belief that federal management of health care is a panacea that will bring equality to all?

[TNTrader]

Originally Posted by Aufan 1983

2 days ago I bought into CIT thinking after all the govenment rescues there is no way the Obama administation lets it fell due to the effect it would have on small business. WRONG. The buy was my fault and I did average down in the high .30's so I'm not in too bad of shape but this opened my eyes a little more and put me to thinking more about what the current administration is all about.

It now looks like healthcare is next for our President and his group of cronies. A group that has already made taxpayers the owner of a automobile company, an insurance company and a few banks now have their eyes set on becoming the owner of our healthcare system. Do we really want the government involved in another area of pirivate business? If you are one who thinks its a good idea try taking a trip to your local dmv and see how much fun it is when you try to renew your drivers license or get a tag. If the government struggles with something as simple as renewing a license what will they do with healthcare?

Obama has destroyed what little was left of our free market system and the assault on small business is eye popping. He don't care about small business and has made that clear by his unwillingness to help CIT after throwing huge money at the likes of GM, AIG, BAC, JPM, GS and many others. He will follow this up with more taxes on the group that employees more people than any other sector and thats small business. Why should we expect anything different from the group that has entered pivate business and went as far as telling them the CEO had to go or could stay.

Obama more than any president in our past has made it a sin to be a successful business owner or for that matter to be anyone who makes better than average money. He will prove this over and over as he enacts new taxes and regulations. To be successful now you will have to do it while fighting our government. He has made it clear that he wants to redistribute the wealth and he is well on his way.

Just some thoughts as we watch our defecit climb faster than at anytime in ou history. Blame Bush all you want but in 6 months Obama has did more to destroy our economy than Bush did in 8 years.

Next time you are out take a good look at the small business owners in your area. The mom and pop operations that make this country tick. You may not see them much longer as we move towards a socialist form of government.

We are getting what we ask for but did we really know what we were doing?

Government ownership and operation of for profit corporations is fascism. Seriously. Thats the definition of fascism. Government for profit. Fascism.

Its really not hard to understand once one realizes what has been done.

Our Republic was divided into three seperate, but equal, branches of authority. This was done to prevent exactly what we see today.

1) Congress held the purse strings. Public money was entirely controlled by the Congress. This was partially changed by the Federal Reserve Act in the Great Depression. Congress gave up some of its power to level out the currency problems associated with early globalization and the removal of the gold standard in many trading partners economies as the partners moved toward more socialized economies. Congress abdicated the last of its power when Bernanke and Paulson were allowed to tax the American people with over 16,000,000,000,000.00 in public debt without a congressional vote to fund the debt.

Congress is now little more than a social club paid for by the American people. Economicly America is a totalitarian regime by definition.

2) The Judicial branch was nullified when the Supreme Court allowed the GM so-called bankruptcy stand. This single act destroyed 200 years of contract law(Constitutionally mandated law) in a single move. Among many other unconstitutional acts fomented as "crisis" actions that are now the law of the land, this one is most agregious. Contract law is now the province of the Executive branch, a very bad decision given the fascist bent of our current leadership.

3) The Executive branch now controls the military. The currency. And the courts. The Executive dictated that the sovreign states had no choice but to accept public funds and federal control over their disposition and the courts upheld the decree.(South Carolina, Mississippi, Louisiana, Texas, North Carolina, Virginia, Alabama... Do you see a pattern here?)


Unemployment stands at 19.88%. The feds official lie is 9.5%, but any idiot can peruse the numbers at BLS or the state agencies and find the real numbers. Yet the lie persists due to the executive control of the mass media.

In October a new education curriculum is scheduled for implementation at any public school recieving federal funds in any form.

If Waxman - Markey passes it will end industrial activity in the United States. If Waxman- Markey doesnt pass, the EPA has an executive order to implement Cap and Trade anyway. And the courts have already upheld the EPA's authority to enforce the regulation. An executive order, constitutionally, can only affect federal employees. Yet, the courts have seen fit to uphold this order that affects exactly zero federal employees, but rather affects private business and private citizens exclusively.


The final nail in the constitutions coffin is Obama's plans for federal healthcare. He now calls it by the name that will eventually be realized for what his intent truly is. Insurance reform.
The federal government does not regulate insurance. The sovreign states do. It is the last power that the states have save one. The states no longer have power over taxation, commerce, transportation or education within their borders. They have only two sovreign powers left. Insurance regulation (contract law,by another name) and firearms.




De Opresso Libre

[BlueCat]

Great posts by all. I still don't understand the end game of the administration. Is it to bankrupt the country or to make everything financial system fail miserably so that our only option is to turn to the government? I don't know... but it scares the chit out of me.

A snippet from yesterday,

"At the same time, Obama remained noncommital on a SURTAX to pay for the overhaul, which some experts have said could cost over $1 trillion in the next several years to reconstitute and incorporate some 46 million uninsured into the system.
The president noted in an interview on NBC's "Today" show that "the House has put forward a surtax." And he repeated his feeling that wealthier Americans, "such as myself," should pitch in and help reinvent the system to spread coverage to those now without it.
Obama has said that people making over $250,000 a year should have to pay more, and he defended his insistence on getting a bill from lawmakers before they leave next month on their summer recess. Asked why he felt so strongly about the timeline, he replied, "because if you don't set a deadline in this town, nothing happens."
"And the deadline isn't being set by me," he said. "It's being set by the American people."

I remember reading that if they took 100% of the salaries of everyone making over 250k it wouldn't come close paying for health care or anything else!

And, I love the typical lib uninformed response to any criticism, "well, we got to do something...." yeah like model the whole country after California!

[BadThad]

Originally Posted by TNTrader

Government ownership and operation of for profit corporations is fascism. Seriously. Thats the definition of fascism. Government for profit. Fascism.

Its really not hard to understand once one realizes what has been done.

Our Republic was divided into three seperate, but equal, branches of authority. This was done to prevent exactly what we see today.

1) Congress held the purse strings. Public money was entirely controlled by the Congress. This was partially changed by the Federal Reserve Act in the Great Depression. Congress gave up some of its power to level out the currency problems associated with early globalization and the removal of the gold standard in many trading partners economies as the partners moved toward more socialized economies. Congress abdicated the last of its power when Bernanke and Paulson were allowed to tax the American people with over 16,000,000,000,000.00 in public debt without a congressional vote to fund the debt.

Congress is now little more than a social club paid for by the American people. Economicly America is a totalitarian regime by definition.

2) The Judicial branch was nullified when the Supreme Court allowed the GM so-called bankruptcy stand. This single act destroyed 200 years of contract law(Constitutionally mandated law) in a single move. Among many other unconstitutional acts fomented as "crisis" actions that are now the law of the land, this one is most agregious. Contract law is now the province of the Executive branch, a very bad decision given the fascist bent of our current leadership.

3) The Executive branch now controls the military. The currency. And the courts. The Executive dictated that the sovreign states had no choice but to accept public funds and federal control over their disposition and the courts upheld the decree.(South Carolina, Mississippi, Louisiana, Texas, North Carolina, Virginia, Alabama... Do you see a pattern here?)


Unemployment stands at 19.88%. The feds official lie is 9.5%, but any idiot can peruse the numbers at BLS or the state agencies and find the real numbers. Yet the lie persists due to the executive control of the mass media.

In October a new education curriculum is scheduled for implementation at any public school recieving federal funds in any form.

If Waxman - Markey passes it will end industrial activity in the United States. If Waxman- Markey doesnt pass, the EPA has an executive order to implement Cap and Trade anyway. And the courts have already upheld the EPA's authority to enforce the regulation. An executive order, constitutionally, can only affect federal employees. Yet, the courts have seen fit to uphold this order that affects exactly zero federal employees, but rather affects private business and private citizens exclusively.


The final nail in the constitutions coffin is Obama's plans for federal healthcare. He now calls it by the name that will eventually be realized for what his intent truly is. Insurance reform.
The federal government does not regulate insurance. The sovreign states do. It is the last power that the states have save one. The states no longer have power over taxation, commerce, transportation or education within their borders. They have only two sovreign powers left. Insurance regulation (contract law,by another name) and firearms.




De Opresso Libre

Well put, it's simply horrifying. The funny thing, the older this nation gets the more completely ignorant morons seem to dominate our population. Just ask anyone you see on the street about any of this. They don't understand a single thing about any of it. It's all broken down to the simple "what are they going to give me for free". The typical liberal mentality that all of society must be equal, no matter how hard you work, you should be the same as someone who doesn't work (by choice). The wealth from your hard work should be confiscated and distributed.

[BadThad]

Originally Posted by BlueCat

Great posts by all. I still don't understand the end game of the administration. Is it to bankrupt the country or to make everything financial system fail miserably so that our only option is to turn to the government? I don't know... but it scares the chit out of me.

A snippet from yesterday,

"At the same time, Obama remained noncommital on a SURTAX to pay for the overhaul, which some experts have said could cost over $1 trillion in the next several years to reconstitute and incorporate some 46 million uninsured into the system.
The president noted in an interview on NBC's "Today" show that "the House has put forward a surtax." And he repeated his feeling that wealthier Americans, "such as myself," should pitch in and help reinvent the system to spread coverage to those now without it.
Obama has said that people making over $250,000 a year should have to pay more, and he defended his insistence on getting a bill from lawmakers before they leave next month on their summer recess. Asked why he felt so strongly about the timeline, he replied, "because if you don't set a deadline in this town, nothing happens."
"And the deadline isn't being set by me," he said. "It's being set by the American people."

I remember reading that if they took 100% of the salaries of everyone making over 250k it wouldn't come close paying for health care or anything else!

And, I love the typical lib uninformed response to any criticism, "well, we got to do something...." yeah like model the whole country after California!

It's amazing isn't it. It's also shocking that so few people see this and understand it. Obama scares the bejesus out of me. I really do think him, his adminstration and worshippers are out to simply finish off this country and capitalism once and for all. Perfect timing, we are experiencing this recession and in a very fragile state.....it's the ideal time to finish us off with socialism by taxing us into infinity. The politicians perfect storm so we can all become completely dependent on government for all our needs.

The gospel according to Barack.

[BlueCat]

On a lighter note, if you haven't seen the movie Idiocracy, check it out. Not the best movie in the world but it has it's moments. It's about how intelligence was breeded out of society over several hundred years.

I think we are well on our way to Idiocracy!

[thegreatgate]

TAKE TWO ASPIRIN AND CALL ME WHEN YOUR CANCER IS STAGE 4
by Ann Coulter
July 22, 2009

All the problems with the American health care system come from government intervention, so naturally the Democrats' idea for fixing it is more government intervention. This is like trying to sober up by having another drink.

The reason seeing a doctor is already more like going to the DMV, and less like going to the Apple "Genius Bar," is that the government decided health care was too important to be left to the free market. Yes -- the same free market that has produced such a cornucopia of inexpensive goods and services that, today, even poor people have cell phones and flat-screen TVs.

As a result, it's easier to get your computer fixed than your health. Thanks, government!

We already have near-universal health coverage in the form of Medicare, Medicaid, veterans' hospitals, emergency rooms and tax-deductible employer-provided health care -- all government creations.

So now, everyone expects doctors to be free. People who pay $200 for a haircut are indignant if it costs more than a $20 co-pay to see a doctor.

The government also "helped" us by mandating that insurance companies cover all sorts of medical services, both ordinary -- which you ought to pay for yourself -- and exotic, such as shrinks, in vitro fertilization and child-development assessments -- which no normal person would voluntarily pay to insure against.

This would be like requiring all car insurance to cover the cost of gasoline, oil and tire changes -- as well as professional car detailing, iPod docks, leather seats and those neon chaser lights I have all along the underbody of my chopped, lowrider '57 Chevy.

But politicians are more interested in pleasing lobbyists for acupuncturists, midwives and marriage counselors than they are in pleasing recent college graduates who only want to insure against the possibility that they'll be hit by a truck. So politicians at both the state and federal level keep passing boatloads of insurance mandates requiring that all insurance plans cover a raft of non-emergency conditions that are expensive to treat -- but whose practitioners have high-priced lobbyists.

As a result, a young, healthy person has a choice of buying artificially expensive health insurance that, by law, covers a smorgasbord of medical services of no interest to him ... or going uninsured. People who aren't planning on giving birth to a slew of children with restless leg syndrome in the near future forgo insurance -- and then politicians tell us we have a national emergency because some people don't have health insurance.

The whole idea of insurance is to insure against catastrophes: You buy insurance in case your house burns down -- not so you can force other people in your plan to pay for your maid. You buy car insurance in case you're in a major accident, not so everyone in the plan shares the cost of gas.

Just as people use vastly different amounts of gasoline, they also use vastly different amounts of medical care -- especially when an appointment with a highly trained physician costs less than a manicure.

Insurance plans that force everyone in the plan to pay for everyone else's ****** and anti-anxiety pills are already completely unfair to people who rarely go to the doctor. It's like being forced to share gas bills with a long-haul trucker or a restaurant bill with Michael Moore. On the other hand, it's a great deal for any lonely hypochondriacs in the plan.

Now the Democrats want to force us all into one gigantic national health insurance plan that will cover every real and mythical ailment that has a powerful lobby. But if you have a rare medical condition without a lobbying arm, you'll be out of luck.

Even two decades after the collapse of liberals' beloved Soviet Union, they can't grasp that it's easier and cheaper to obtain any service provided by capitalism than any service provided under socialism.

You don't have to conjure up fantastic visions of how health care would be delivered in this country if we bought it ourselves. Just go to a grocery store or get a manicure. Or think back to when you bought your last muffler, personal trainer, computer and every other product and service available in inexpensive abundance in this capitalist paradise.

Third-party payer schemes are always a disaster -- less service for twice the price! If you want good service at a good price, be sure to be the one holding the credit card. Under "universal health care," no one but government bureaucrats will be allowed to hold the credit card.

Isn't food important? Why not "universal food coverage"? If politicians and employers had guaranteed us "free" food 50 years ago, today Democrats would be wailing about the "food crisis" in America, and you'd be on the phone with your food care provider arguing about whether or not a Reuben sandwich with fries was covered under your plan.

Instead of making health care more like the DMV, how about we make it more like grocery stores? Give the poor and tough cases health stamps and let the rest of us buy health care -- and health insurance -- on the free market.

COPYRIGHT 2009 ANN COULTER