Sunday, June 27, 2010

Mr. President - Listen To Europe, Canada, Japan & China

The Europeans, Canadians and Japanese are telling Socialist President Obama at the G-20 Summit this week in Canada that they are not interested in any more unsustainable deficit spending. This is happening because Obama is pushing them to keep spending their countries into bankruptcy; just as he and the Socialists that control the US Congress are doing. Obama has said, this is no time to "nickel and dime" spending to achieve economic recovery. If only it were just nichels and dimes rather than trillions of dollars in deficit spending in the US.

What irony!! For years, the Europeans, Canadians and Japanese have implemented Socialist cradle to grave government entitlements and government jobs for life with very high pensions. They are now seeing the end result in bankrupt Greece and Spain and it is frightening them into fiscal discipline. So while Obama is still committed to bankrupting the United States, the Europeans, Canadians and Japanese have clearly stated that they are going to stop the government deficit spending by pulling back on the many Socialist programs and entitlements that are bankrupting their countries and that have retarded their economic growth.

The Chinese are a whole different story. They have plenty of cash to stimulate their economy, as needed, without deficit spending. The reason they have plenty of cash is that they don't provide the entitlement programs that are common in Western democracies and Japan. The Chinese, however, are telling Obama to stop the deficit spending because as our banker, they fear a US default on the billions in debt that we owe them. Since the Chinese have lent the United States billions of dollars by investing in US treasuries, the last thing they want to see is the financial collapse of our nation, which is inevitable if Obama and the Socialists that control Congress are allowed to pursue all their Socialist Schemes and Trillions in deficit spending.

It is very clear that Obama's economic policies are a National Security danger to the United States. Trillions in deficit spending, higher taxes, more regulations, HealthScare and CAP & TAX proposed by Obama will lead to a double dip recession, higher unemployment, slower growth and a lower standard of living for the American people. In addition to practicing Keynesian economics that does not work, Obama is surrounded by Behavioral Economists who seek to manage consumer behavior by government intervention. In order words, they want to tell us what to buy, when to buy it and how much of it we can buy by artificially controlling prices. It will not work because millions of consumers make individual decisions based on what is best for them. However, it is true that the higher a price goes, the fewer units are sold. And, that in some cases government tax incentives can drive behaviors. If only these brainiacs had learned the lessons of Economics 101, they would know why Obama's SwindleUS Plan has failed to create jobs. Deficit government spending combined with higher taxes and more regulation, the basis of Obama's economic plan, retards economic growth; hence the reason we are not seeing unemployment come down and growth is slower than would otherwise be the case if taxes were lowered and there was less regulation. Well dah!!

Socialist President Obama is incompetent plain and simple. Obama's economic plan is a national security threat to our country. As such, we must take back our country in 2010 and 2012 by electing Conservatives who support free market capitalism, limited government, lower taxes and less regulation, a balanced budget, term limits, a strong national defense including securing our border and fighting Terrorism, real energy independence and health care reform, the right to bear arms, the sanctity of life and family values. This platform is the only way to get our economy back our track and protect our freedoms. And, we must elect Conservatives who support the Constitution, as written by our Founding Fathers, not as contrived by Socialists Obama, Reid and Pelosi and former Presidents, Congresses, or the Courts. We must take back our country in 2010 and 2012. We can do it. We must do it to preserve our freedoms and for the sake of our children and grandchildren.

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