Sunday, June 5, 2011

Obama Is The Bump In The Road

In recent proclamations, Socialist President Obama has attempted to take credit for saving both Chrysler and GM by providing Billions to these privately owned companies in bail outs that American tax payers will never see again.  At the same time, Obama explained away dismal economic news including rising unemployment, falling home prices and various indicators that show that we may be entering a double dip recession as a "bump in the road".   The reality is that President Obama Is The Bump In The Road.

First, let's deal with the bail outs of Chrysler and GM.   Obama used tax payer monies to steal both these companies from their legitimate owners and give them to FIAT, an Italian foreign company and the auto unions.   Instead of allowing an orderly bankruptcy proceeding that would have allowed for proper restructuring and what ever protections were possible for the legitimate owners of these companies, Obama dictated the terms and conditions of the bankruptcy to give these companies to his union supporters and a foreign company.   The reality is that it would have been far better to allow Chrysler, a weak car company, to go under since this company has required federal bail outs twice in the last 50 years.   The end result is that GM, a resurgent Ford, foreign auto makers that produce cars in the United States and the American taxpayer would all have benefited from the demise of Chrysler because there is over capacity in the auto industry. 

GM (Government Motors) is another story.   Obama has forced GM to produce the Chevy Volt, a $40,000 battery powered car that is already a loser.   Unless gas goes to $20 a gallon, which is feasible if Obama is reelected, why would anyone pay $40,000 for a car with unproven technology, when a comparable car with a normal gasoline engine can be purchased for $25,000.   This is another one of Obama's "green" Socialist Schemes that makes no sense.   If Obama had just taken and passed Economics 101 when he was at Columbia he would understand that government intervention into the free market never works and only serves to distort the market.

It is pretty clear that President Obama Is The Bump In The Road destroying our economy.   The Obama/Reid/Pelosi Socialist Schemes we have seen enacted since Obama became President are leading to a double dip recession.   Card talk and numbers don't lie.   What we have today is higher unemployment, falling home prices resulting in more foreclosures, higher gasoline and fuel prices and higher inflation.   Obama's economic policy has been a complete failure and is leading to both the bankruptcy of our nation and a lower standard of living for all Americans. 

We have to take back our country in 2012 and 2014 to restore economic growth and job creation in America.   To so do, we must sweep all these Socialists, including President Obama, out of office by electing common sense Conservatives that support free market capitalism, limited government, lower taxes and less regulation, real education, energy and health care reform, a strong national defense including securing our border and fighting Terrorism, the right to bear arms, the sanctity of life and family values that are the foundation of our nation.  This is the platform supported by the majority of the American people and the only way to restore economic growth and job creation in our nation. 

We have to push aside these Socialists, environmental wackos, trial lawyers and public employee unions that are bankrupting our country.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   We have to make Obama a one term President to remove the bump in the road that is preventing economic growth in the United States. 

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