So far, everything about the Obama administration has involved the President figuratively interrupting himself in mid-sentence to say, "...Hey, look up there!" His defense of the anemic economic situation has been that it "could be worse". Well, it is getting worse.
Now that the 2010 Census is over and those temporary workers find themselves jobless again, the numbers are reflected in the latest jobs report from the government. But they're trying to spin the news yet again, saying that only 131,000 people lost their jobs. Meanwhile, the Obamas are enjoying opulent vacations - separately - in Chicago and Spain. Swell.
As the First Family spends lavishly on leisure, the President continues to spend lavishly on measures that are clearly having a detrimental effect on the country. The national debt continues to climb out of sight, and despite the massive spending of money that does not exist, entities run by the government are losing even more money.
The United States Postal Service just reported a third quarter net loss of 3.5 billion dollars. Social Security will pay out more this year than it takes in for the first time since 1983, when it was overhauled. Fannie Mae is seeking 1.5 billion dollars from the treasury following a 12th straight quarterly loss. Uh, that's three years in a row for those keeping score.
So what does Obama want to do? He wants to pile more debt onto the backs of taxpayers by "forgiving" underwater mortgages or, more accurately, having Fannie Mae do it. Oh sure, the feds are denying it, saying that Obama has no plans at this time for any such program, but how many other things has he lied about in one and a half short years?
No new taxes? That one didn't last long as evidenced by the most punitive new tax of all on the poorest amongst us; smokers. When accused of a new tax in the form of mandated health coverage, the administration vehemently denied that it was a tax, referring to it instead as a "fee". However, when pressed by the states as to the constitutionality of mandated health care, the administration quickly changed its tune to invoke the Commerce Clause.
How about this one? “Under our Plan, No Federal dollars will be used to fund abortions and federal conscious laws will remain in place," Obama said. Uh-huh. Last month Maryland became the second state - joining Pennsylvania - to offer federally funded abortions, using the 85 million dollars it will receive from the federal government.
There are a plethora of smaller lies, demonstrating that the man is incapable of telling the truth regardless of the magnitude of the situation. Lies such as his claim that the Selma march was responsible for his existence, despite the fact that he was 3 and a half years old when the march took place. Or his claim that he was never a Muslim, which was later adjusted to never a practicing Muslim. Yet he fondly spoke of his years in Indonesia, recalling that the Muslim call to prayer was the "sweetest sound" he'd ever heard.
So to believe that he is planning to throw a lot more money down the drain is easy, no matter how the man doth protest.
Friday, August 6, 2010
Classic Diversions
Labels:
Fannie Mae,
federal deficit,
universal health care
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