American Elephants

Obama’s Secret Exchange Caught On ‘Hot’ Mic by The Elephant's Child

The President of the United States takes a solemn oath at his inauguration,.  to preserve, protect and defend the Constitution. The American people place a fundamental trust in a President that he will do all within his powers to defend the country from foreign military threats. That trust applies as well to the threats posed by ballistic missiles.

This is not the first time this President has been caught off guard, by a microphone still ‘hot’, making comments not intended to be heard by the American people. The President met today, March 26, with Russian President Dmitri Medvedev in Seoul, South Korea.

Baker Spring of the Heritage Foundation sketches the background:

President Obama has been willing to subordinate the missile defense program to his policies for arms control and nuclear disarmament for a long time. One need go no further than to read a portion of the preamble to the New Strategic Arms Reduction Treaty (New START), which is the new strategic nuclear arms control treaty with Russia, on the subject of missile defense. It states that U.S. missile defense capabilities must come down as the numbers of strategic nuclear weapons come down under the treaty.

The Obama Administration spared no effort to defeat an amendment in Senate to strike this language in the New START preamble. The President’s comments in Seoul are completely in keeping with this past behavior. What is now evident is the scope of the manipulation he is pursuing to fool the American people about something essential to their security. It is now undeniable that President Obama is breaking the most basic trust the American people put in any President.

The exchange caught by the ‘hot’ microphone was as follows:

President Obama: “On all these issues, but particularly missile defense, this, this can be solved but it’s important for him to give me space.”

President Medvedev: “Yeah, I understand. I understand your message about space. Space for you.…”

President Obama: “This is my last election. After my election I have more flexibility.”

President Medvedev: “I understand. I will transmit this information to Vladimir [Putin].”

Russia’s definition of missile defense cooperation is problematic to say the least. Regardless of the level of knowledge Russia has of the U.S. missile defense program—a result of hours of unilateral U.S. briefings—Moscow insists on having veto power over Washington’s decision to shoot down a missile on its way toward its victims. On other occasions, Russia demanded binding limitations on speed or geographical coverage of U.S. interceptors.

Due to the pressure of concerned Senators, the President certified that “it is the policy of the United States to continue development and deployment of United States missile defense systems to defend against missile threats from nations such as North Korea and Iran, including qualitative and quantitative improvements to such systems” in New START’s resolution of ratification. It appears the President is ready to walk away from his own commitment.

After all, it would not be the first time that he failed to honor his promises made pursuant to New START ratification. He already failed to provide funding for U.S. nuclear weapons infrastructure, deemed essential at the time of ratification. If left unchecked, the Administration’s policies will lead to America’s becoming increasingly vulnerable. This is the wrong posture for the United States. North Korea is preparing to launch its long-range missile, and ballistic missile proliferation is growing worse. Heritage research shows that a “protect and defend” strategy—which would combine offensive, defensive, conventional, and nuclear weapons—is the best response for this uncertain environment.

Obama has already betrayed our allies Poland and the Czech Republic, abandoning plans for ground-based interceptors and missile defense radars needed to defend against Iranian missile launches. He has also demonstrated that he has no problem with lying to the American public. He has his own goals for the nation, and he prefers to keep those hidden — until he is reelected and there are no more restraints on his actions. This is an appalling  betrayal of the American people — and not even the first one.  We’ll just have to see that there is no second term.

Energy Facts, Energy Lies. by The Elephant's Child

Gas prices here in the Seattle area are over $4.00 a gallon, but we have high taxes as well — 55¢ a gallon. Taxes are even higher in New York and Connecticut. Remember back in 2008 when Obama was on the campaign trail.  “If everybody in America inflated their tires to the proper level,” he said, “we would actually save more oil than we’d get from drilling.” uh huh.

Only 3 percent of federal lands are currently leased for oil production.

In North America alone there is enough oil to fuel every passenger car in the United States for 430 years.

— The Obama administration’s permitorium in the Gulf has resulted in 57 percent fewer deepwater permits, a 68 percent reduction in shallow-water permits, and a 50 percent reduction in plans that gain approval in the year-to-date.

The U.S. is the third largest oil-producing nation in the world, behind only Saudi Arabia and Russia. Our total recoverable resources are more than six times the proved reserves of Saudi Arabia.

In fiscal year 2011, oil production on federal lands decreased by 11 percent, while oil production on private and state lands increased by 14 percent.

Obama keeps repeating the canard that while we use over 20 percent of the world’s oil resources, we only produce 2 percent of the world’s oil.  And though he showed up in Cushing, Oklahoma to have his picture taken with some oil pipes, he did not “approve” the lower part of the Keystone XL pipeline. His approval was neither needed or wanted.

Obama  says that it was essential to refuse to approve the Keystone XL from Canada, because the Republicans wouldn’t give him enough time to make sure that it was safe for the American people,  and to  protect the great Ogallala aquifer in Nebraska. The Keystone XL had been approved by every applicable governmental agency. There are all sorts of pipelines running through the aquifer already, quite safely. Trans Canada was quite willing to move the pipeline route.

He’s on the campaign trail again. If he wanted the Keystone XL pipeline and the jobs that it promises, he would move heaven and earth to make it happen. Note all the silly solar energy arrays that he flies all over the country to promote.  Ignore what he says. Watch what he does.

Student-Loan Debt Tops $1 Trillion: Guaranteed by You. by The Elephant's Child
March 26, 2012, 6:55 am
Filed under: Democrat Corruption, Domestic Policy, Economy, Education, Election 2012

The amount American’s owe on student loans is far higher than earlier estimates indicated. It could be a real burden on some consumers leading them to postpone buying homes and  slowing the housing recovery officials said last Wednesday.

Total student loan debt seems to have surpassed $1 trillion late last year, said officials at the Consumer Financial Protection Bureau, a new agency created by the Obama administration. That’s 16% higher than earlier estimates. And it’s growing at $40 to $50 billion each month.  Now it seems that as many as 27% of all student loan borrowers are more than 30 days past due.  That means that at least $270 billion in student loans are no longer current.

This is happening at a time when interest rates are at record lows.  As Tyler Durden says, “This is a loud wake-up call that it is not rates that determine affordability and sustainability— but general economic conditions — which may make the popping of the student loan bubble inevitable.”  If the climb in interest rates continues, then the bubble will pop that much faster and bring down another $1 trillion in unintended consequences down on the shoulders of the U.S. taxpayer, who once again will be footing the bill.

The Bureau  of Labor Statistics estimates the current unemployment rate for 18–24 year–olds at nearly 14% and for those 25– 34 years old, 8.7%. No, it’s way worse than that. The employment rate is barely above half at 54%—the lowest in 64 years, and 7% worse than when Obama took office promising change
(click to enlarge)

This technically means that 46% are unemployed, but this is the age group where wages have dropped the most. So they’re not only in very big debt, they’re poor as well. And Obama has been urging those who are unemployed to go back to school, get retrained for a new green job.  Oh wait!

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