I didn’t want to turn into an Obama basher, like those annoying Bush bashers of the past 8 years. But he’s making it really hard to be civil. He’s basically doing just about everything wrong. He’s makng Jimmy Carter look like a political mastermind.
Aside from adding exponentially to our debt till it’s reaching 11 trillion dollars (so far), his cap and trade laws will destroy our economy. Basically doing more damage to our economy than has already been done.
President Obama’s climate plan could cost industry close to $2 trillion, nearly three times the White House’s initial estimate of the so-called “cap-and-trade” legislation, according to Senate staffers who were briefed by the White House.
A top economic aide to Mr. Obama told a group of Senate staffers last month that the president’s climate-change plan would surely raise more than the $646 billion over eight years the White House had estimated publicly, according to multiple a number of staffers who attended the briefing Feb. 26.
Those costs will be passed on to the consumer. And they will be taxing us for our energy use, or car use, the list will go on, until you think that Beatle’s song “Taxman” is too modest.
See, they are making us so deep in debt, they can use that as an excuse to tax us worse than Sweden, where the tax rate can be as high as 90%.
People are getting really irate out there. So the politicians are making scapegoats out of people like the AIG execs who are getting bonuses. They are putting on these show trials. But it was politicians like Senator Dodd who left loopholes in so these bonuses could happen, Isn’t it interesting that Dodd and Obama were big recipients of AIG donations in the last election? Gee.
This administration isn’t only incompetent, they are making the alleged corruption of the Bush administration look saintly by comparison. The same kind of insider deal making is happening, but on a much bigger scale. And I remember when the Democrats used to scream about Reagan’s 3 trillion dollar deficit. At least he spent it on defense. Obama left defense out of his huge spendulus bill.
I’m beginning to wonder how long it’ll be before we hear calls for impeachment. I didn’t even imagine that would happen last year when he was elected. But now I think it could happen. Hell, Obama may even want to be impeached just to get out of the mess he’s in and obviously can’t deal with.