Obama's Big Push...Becoming Big Dud

After blowing the budget bailing out the record profit earning banks, on the heels of up to 97% calls against bail outs, Obama's calls for Cap & Trade on carbon emissions and health care reform all seem to be taking their toll on the populace.

Enough!, seems to be the public's evolving sentiment. Obama's poll numbers are dropping and the reason is - what he is proposing is not economically feasible and we know this from the past programs.

Cap & Trade will only add to costs for the consumers while making MORE money for the likes of Goldman Sachs and the government. And, global warming, aka Climate Change, is becoming more exposed for what it really is...a fear-mongering tactic to grab more control and more taxes. I like what George Will had to say at the end of his recent column:

When New York Times columnist Tom Friedman called upon "young Americans" to "get a million people on the Washington Mall calling for a price on carbon," another columnist, Mark Steyn, responded: "If you're 29, there has been no global warming for your entire adult life. If you're graduating high school, there has been no global warming since you entered first grade."

Which could explain why the Mall does not reverberate with youthful clamors about carbon. And why, regarding climate change, the U.S. government, rushing to impose unilateral cap-and-trade burdens on the sagging U.S. economy, looks increasingly like someone who bought a closetful of platform shoes and bell-bottom slacks just as disco was dying.

Health care reform is also being exposed...see here.

A new Gallup poll shows that Obama is starting to get the cold shoulder from the public by trying to accomplish too much...not so much for what he is trying to accomplish, but that we all know it can't possibly be paid for and work as intended without BK'ing us all.

If Obama keeps pushing, the push back may well mean defeat for the Dems in the midterms, and a public that starts demanding a more accountable President.

Wow, at last a Shovel-Ready Obama project

I see president Barry is going to regale us with anecdotes about Obamacare on prime time TV.

This will be a shovel-ready project in the making....cleaning up all the bullshit he will be issuing.

Obamacare is supposed to offer a solution to the upward spiraling health care costs that most Americans face. But the truth of the matter is that. like most things the government touches, it will not work out as planned. The CBO says:

Congressional Budget Office Director Doug Elmendorf told the Senate Budget Committee that none of the bills he has seen would contain health care costs to reduce them significantly over time. This is the main argument offered by Obama and Democrats as to why Congress can spend $1 trillion and save money.

“In the legislation that has been reported we do not see the sort of fundamental changes that would be necessary to reduce the trajectory of federal health spending by a significant amount,” Elmendorf said.

“And on the contrary, the legislation significantly expands the federal responsibility for health care costs.” link

President Obama, that is not what you will tell us, huh?

And, he will tell us that we can keep our current employee provided plans. But, the details of the plan apparently will make the governments plan such that after about five years employer plans become to costly and will likely be scrapped leaving us in the hands of you-know-who....and further increasing the costs. This is from a WSJ piece:

So when Mr. Obama says that “If you like your health-care plan, you’ll be able to keep your health-care plan, period. No one will take it away, no matter what,” he’s wrong. Period. What he’s not telling the American people is that the government will so dramatically change the rules of the insurance market that employers will find it impossible to maintain their current coverage, and many will drop it altogether. The more we inspect the House bill, the more it looks to be one of the worst pieces of legislation ever introduced in Congress. Link

And, they are not projecting the costs of this behemoth out past 10 years. Undoubtedly it will be come unsustainably expensive.

And, he will tell us the AMA has endorsed the plan, but not that he bought them off with plans to INCREASE their compensation under the plan even while he decreases compensation to the already struggling hospitals. He will also, no doubt, forget to include that some states AMA chapters are not endorsing the plan.

And, I feel quite certain, he will not come forward with the ultimate truth - the one that says we are already so in debt we can't afford anything new without huge tax increases...on small businesses, on corporations and on the individual.

Get your shovels out and have them ready. There will be work for everyone after this appearance.

Obama is cover for banksters, not about jobs

Let's see...Goldman Sachs gets funds under TARP.

GS just announced $3.4 Billion dollar profit for the 2Q 2009. Dong some quick math, that profit could sustain 60,000 jobs paying $50,000 annual salary, and again, that was just from three months worth of GS profits. GS has announced 33% pay and benefit increases to its employees...IOW the rich get richer.

OTOH, Obama and his campaign promise for adding jobs has done almost nothing. Aside from a few governors reporting the beginning of a highway project or two and a handful of jobs he has dropped the ball completely.

And now CIT is teetering on the edge of bankruptcy, and holds the card for possibly hundreds of thousands of jobs, if not millions, and the Obama Admin turns them away cold. And is is already costing jobs:

NEW YORK, July 18 (Reuters) - An Alabama hardware supplier has blamed financial woes at U.S. lender CIT Group Inc for its bankruptcy filing, in an early sign of the effect a potential CIT Group Inc bankruptcy could have on millions of small U.S. businesses.

In court documents filed in U.S. bankruptcy court in Birmingham on Friday, Moore-Handley Inc said it was forced to seek bankruptcy protection "due to difficulties accessing funds" under their financing arrangements with CIT Group. Link

And other groups are calling upon Obama to help out:

Thirty-two trade groups, in an unusual display of unity, pleaded in a letter on Friday night for the Obama administration to reverse its decision and extend aid to the beleaguered small-business lender CIT Group Inc. as the firm inches closer to a possible bankruptcy filing.

The coalition, which included the National Retail Federation, the National Cotton Council, and the Southern Textile Association, sent a letter Friday night to Treasury Secretary Timothy Geithner urging him to help the CIT avoid collapse.

The groups said “the number of jobs that depend on the successful outcome of the CIT crisis is immeasurable.” Link

And, after the report that Obama was doing nothing to help save CIT, there are now reports of CIT seeking financing through the likes of GS. IOW, somehow GS will be further compensated by the Obama administration...they help save CIT making untold millions/billions while most likely having some tacit backstop guarantees from Tax Evader Timmy at Treasury from a wink from the head bankster thug Barry Obama.

Important People

I don't even recall exactly when I heard it, but there was a local news report from a suburban business airport about a gate being left open and unattended at one end of the busy airport. The news guy said something to the effect of this being a major issue because "important people" come and go all day long from this airport. I wondered who he was talking about?

What is the definition of an "important" person? And who is a "less important" person, and of course, how about the "unimportant" person?

To me anyway, the important person has to be one who influences many of us. And, that influence must not be a coerced influence, but a voluntary person-by-person influence. The important person may or may not even realize they are important and influential. They must also be of high moral standing and one that walks the walk of their preachings or sphere of influence. They may be from any race or nationality, any social or personal wealth standing.

I think my definition would exclude most politicians. They seek to be "important" by thrusting their influence upon us through government coercion and legal threat. They are also, likely as not, ones that don't walk the walk of their talk.

Athletes and performers probably are excluded from my definition as well. Though they are no doubt, self-important, aside from helping sell us overpriced tickets to their events and, in the case of the athlete, overpriced paraphanalia for their franchises, they have little important influence on us.

So, what it all may boil down to is: Important people influence us without manipulating us. I doubt that many really important people fly from that airport.