Filed under: Democrat Corruption, Economy, Health Care, Liberalism, Progressivism
Over one hundred million Americans invest in stock. Many have stocks in their 401K plans. President Obama is threatening the market with talk of “default.” Oddly enough, it is only Democrats who are warning that America might default on her debts. Republicans haven’t suggested that they would even consider defaulting. It is Obama who is interested in default —not as a worry — but as a political tool with which to threaten Republicans.
The current administration is the most politicized administration in the history of the nation. For Obama, everything is politics. He is described by some who know him as a ‘fierce competitor,” who plays “a skillful game of intellectual poker.”
He using every tool he can think of to win this battle. His only concern is for the election in 2014. It is quite clear that he has no concern for the American people. Attempting to keep 90-year-old veterans, treated with privately raised funds to a once-in-a-lifetime trip to the capitol to see the monument (built mostly by private funds not government funds) out of that monument with armed Park Service agents and barriers is not just absurd, but small. Petty.
Obama’s words are designed to motivate his listeners to some action, whether sending a campaign donation, voting for him or his party, or approving some venture. The words do not mean anything. He’s all for jobs, but ObamaCare has just shifted 66,000 workers in Illinois to part timers lacking insurance. He’s all for energy, but the Keystone XL pipeline has languished in the limbo of some bureaucrat’s in-box, for 5 years.
Business is demanding the nation increase immigration even as they lay off American workers. Merck announced this week that it will cut 8,500 jobs, bringing the total workers let go to 16,000 in all. At the same time, Merck officials are urging Congress to loosen immigration laws to allow more foreign workers in. The Obama administration expects increased numbers of foreign workers to vote Democrat, save Social Security and Medicare, and fund ObamaCare. The 11 or 12 million out-of work Americans? Nevermind. If they got laid off, there must be something wrong with them.
Obama has tried to scare senior citizens with a threat that they might not get their Social Security checks. This is a flat lie. Social Security by law, must send out the checks, not hold them back on a president’s whim. Is there anything that this administration says that can be believed?
The ObamaCare rollout is a huge foul up. The technology doesn’t work. People’s private information is open to unknown numbers of government workers and any hackers that are interested. Nothing is secure. The White House is begging supporters to send them sob stories of how discommoded they have been by the shutdown, and please — if anybody has successfully enrolled, please tell them how it went.
With Obama’s first remarks indicating that the hated Republicans would default on the debt, the market dropped about 180 points, but recovered when John Boehner said he had no intention of defaulting, and the 10-year treasury remains steady. This is not a clever political trick, but something that has international implications. American Treasury Bills are a favored investment around the world because America in 250 years has never defaulted on her debts. The Republicans have no intention of starting now.
Scaring old-ladies about their Social Security checks is disgraceful enough. Trying to scare international investors and the American people about their life savings is the most cowardly, most disreputable action ever taken by any American President.
So is the idea to force Republicans into a default that can then be blamed on them? Or will Obama just raise the debt ceiling on his own? He cannot continue as an autocrat if the Congress will not give him enough money to play with. Neither Constitution nor custom has convinced Obama that he should conform to the traditions of the office nor obey the oath he has sworn to twice.
The man is a disgrace to the office he holds.
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