Forty percent (40%) of Obama’s presidency has been served and I thought it would be interesting to recap this week’s headlines to see how it compared with the “Hope & Change” rhetoric of 2 years ago.
1. Presidency ‘resembles modern-day Ancien Regime’…
2. U.S. electricity blackouts skyrocketing.
3. WH TO DEMS: Don’t talk health care, talk jobs…
5. PUMP: FED TO BUY MORE DEBT.
6. Freddie Mac needs $1.8 billion more from taxpayers.
7. America Is ‘Bankrupt Mickey Mouse Economy’.
8. WIRE: USA ‘Bankrupt and We Don’t Even Know It’.
9. Californians’ income falls for first time since WWII.
10. Feds rethink policies that encourage home ownership.
11. US posts widest trade gap in 20 months.
12. Stocks Fall More Than 200.
13. Obama: $3 Billion More in Aid for Unemployed.
14. RIOT POLICE CALLED AFTER MOB RUSHES TO GET FEDERAL HOUSING AID
15. FIRESTORM AFTER DEMS CUT FOOD STAMPS TO BAIL OUT TEACHERS.
16. Q2 GDP Growth Could Be Revised To Just 1% After Trade Data.
17. DOW drops 265.
18. DEFICIT ADDS $165,040,000,000.00 — IN ONE MONTH
19. Homes lost to foreclosure up 6% from last year.
20. Grim Voter Mood Turns Grimmer.
21. NEW WORLD ORDER: BAILOUTS HELPED FOREIGN FIRMS
22. JOBLESS CLAIMS JUMP TO HIGHEST SINCE FEB
23. California can’t pay bills — may use IOUs for August payments.
24. Youth Unemployment Hits Record High.
25. Feds warn of starting cycle of boom or bust
26. Feds warn of dangerous gamble
27. Obama abolishes position dedicated to transparency
28. The stunning decline of Barack Obama
29. Wallstreet ends worst week in six
Yes, readers, what we have here is the “Hope & Change” that many of you voted for. Disappointed? Still want to make excuses or pass the buck all the while we sink further into fiscal chaos? Still holding on to the belief that liberalism works? That runaway government spending in the solution to solving our economic crisis? Still believe attacking the job makers (corporations) will improve the lives of the unemployed and create jobs? Still believe that rewarding failure while punishing success is the solution to our woos? Still believe that capitalism is the root of all evil while government is the answer to our problems?
In twenty months, Obama and the Democrat Congress have proven that liberalism is a failure- that their policies do not create jobs, do not create wealth, do not inspire achievement, but rather creates a nation of dependency and largess.
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