I’m not an economist and I don’t pretend to be one. But, let me tell you what I do know. I know that we have a failing economy and I know that Obama isn’t capable of fixing it.
Obama’s idea of fixing the economy is to increase taxes and increase spending – the end result of that plan is increased debt and higher unemployment.
One year ago Obama was praising Solyndra, a California based solar panel company that received more than a half-billion dollars in stimulus money. Obama was at his chest thumping braggadocios best boasting of his wisdom and leadership in leading America into a green future and the jobs same would create. This, even as his vice president Joe Biden was singing the lead aria in his of “sumer of recovery” six week tour, promoting the success of the $800 billion stimulus package.
Solyndra, this week filed for bankruptcy, costing 1,100 jobs. It is my personal opinion that, if Solyndra had succeeded it would have been “sauce for [his] goose” as the old saying goes. It was well known that Solyndra was not going to survive, even after they received over a half billion dollars of stimulus money. It was also known that the company’s owner was a top bundler of campaign funds for Obama. I want proof that this wasn’t a thank you gift from Obama, that enabled money to be contributed back to his next campaign.
I also want an investigation into why, with Solyndra going belly up, Obama is giving nearly $900 billion to anther pie-in-the-sky solar project, sponsored by NextEra Energy, and another nearly $200 billion to solar manufacturing facilities in California and Oregon. I would prefer not to believe this is an elaborate scheme to defraud taxpayers, at the same time he is back-dooring paybacks and campaign donations. But, I believe we would be unwise to rule that potential out without investigation.
Despite all of the Obama-Biden bravado, (and they live to brag), the much ballyhooed promised recovery was as successful as an off-broadway trick cock-roach act. Today for the first time since February of 1945, zero jobs were created in the month of August. We have 46 million people on food stamps, we have a fictitious number of 9.1% unemployment (the actual number is nearly double that), with the government’s own prognosticators stating unemployment will remain at 9% though 2012. Which, stated factually means unemployment will continue to grow through 2012.
A healthy economy typically has dips and recovery periods, it’s the way our free-market system works. The principle times that this has not been the case, was Roosevelt’s meddling during the Great Depression and now the Keynesian failure of Obama. Obama is a one trick pony when it comes to the economy. Tax those he deems as rich, spend like crazy, increase government, promise WPA depression era jobs, and foment social conflict.
Now, he is trumpeting his upcoming jobs speech and there is little doubt that it won’t be more of the same. He will lambast the rich, call for “shared sacrifice,” extended unemployment benefits, call for more government spending, blame Congress, and blame Bush.
Obama is either unwilling or incapable of change. He refuses to see his policies as the epic failures they are. Specific to that point, in an email to his remaining supporters, he instructed them to contact Congress, telling Congress to support his plan for job’s. The problem with that, as the editor of this page pointed out yesterday, is he once again wants people to simply take his word. Even those dumb enough to take his word the first time, are increasingly unlikely to trust his word again.
All of that said, there is one thing I believe Obama does understand. I also think there is a shockingly revealing statement that he makes. He said: “No matter how things go in the weeks and months ahead, this will be an important challenge for our organization.”
That single comment is telling for a number of reasons. First, he seems to signal he realizes his end is near. The phrase “No matter how things go,” is not an admission of confidence – it is an admission of anticipated defeat. The other revealing part of his comment is his saying, “…important for our ‘organization.’” Why would he say “organization” instead of “Party?”