I have come to the conclusion that P-BO is most definitely delusional and in complete denial with regards to the Massachusetts election and the will of the American people. In his speech in Elryia, OH yesterday he stated the following:
“I’ll take my lumps, too. I’ll never stop fighting to bring jobs back to Elyria. I’ll never stop fighting for an economy where hard work is rewarded, where responsibility is honored, where accountability is upheld, where we’re creating the jobs of tomorrow.”
First – he doesn’t care about bringing back jobs to the economy – unless they are “green jobs.” He doesn’t care about an American meritocracy where success is rewarded and responsibility is honored – just look at is Cap-and-Trade, Health care reform, and Stimulus bills. Every one of them punish success by taking the hard earned dollars from those who are responsible and work hard and give it to those who are irresponsible. Look at his latest overhaul of the mortgage finance industry where he is allowing those who should never have been in a home (they got in without an ID, without proof of income, and without a down payment) and allows them to restructure their loans so they can stay in those homes – and – giving them subsidies. In the very same speech he alluded to the greatest sweeping changes to the banking system since the 1930’s very simplistically:
“And I can promise you, there will be more fights in the days ahead. We’re having one of them right now, because I want to charge Wall Street a modest fee to repay taxpayers in full for saving their skin in a time of need. You can rest assured, we’re going to get that money — your money — back, each and every dime.”
If it were that simple – the stock market would not have lost 6% over the past week – actually over just 3 days since he first announced and outlined his plans. These sweeping changes to the banking system, if Congress is stupid enough to pass them, would take more money out of the pockets of every day citizens and would make it harder to obtain loans from the banks. His sweeping changes would in effect shut down the banking system as we know it. The problem with his plan is that he is using the banks to make up for the failures of those other institutions (GMAC, GM, Chrysler) who received TARP money but have no way of paying it back. He is once again punishing success. He is punishing those banks who paid back their TARP money and redistributing it to those union-backed businesses that can’t pay it back – sound familiar?
Is it any wonder that 77% of investors see P-BO as anti-business? Before you on the left start calling “investors” those evil rich people who just don’t want to “share their piece of the pie,” (as Michelle puts it) – remember – if you have a retirement program – YOU are an investor. Those investors they are talking about are those money market and mutual fund managers and financial corporations that are managing your 401k and other retirement accounts on your behalf. Those “investors” are the same individuals that invest in your companies to bring capital to your organizations to stay in business. Those “investors” represent millions of people who purchase products made or produced or serviced by your organizations that help keep your company in business that keeps you employed.
P-BO and the progressives have created class warfare in this country pitting the rich against the poor and middle class. If it weren’t for the rich – we wouldn’t have jobs in this country. I have never gotten a job from a poor person. Many of the rich in our country are self-made and got there through their own hard work, innovation, and personal sacrifice. I would like to be rich some day – but – under P-BO’s class warfare system – I will be penalized should I ever achieve success.
I am a middle-aged white man and I earn an above average income. But, it was just 20 years ago when I was unemployed for 6 months trying to hold on to my house and take care of a wife and two little children. I was making $450/wk before I was unemployed. By the time I found a job, I could only get one making $7.50/hr. That wasn’t enough to take care of my family. I worked three jobs for two years and went back to college at the same time and finally earned my BA degree in Business Management. I am now working on my Ph.D. I have busted my ass to get where I am now and I still have the potential to continue to advance and make even more money. Under P-BO’s system he wants to take my hard earned money and give it to those with no ambition who are satisfied being part of “the system.” I willingly give to my church and to charities. But, if P-BO has his way – I won’t have that discretionary money to give to charities – and – he will forcefully, through taxes and so-called “fees” to “rich corporations”, take that from me to give to the poor.
I work not to feed the poor or save the homeless. I work to feed my own family, keep a roof over their heads, and to provide an education for my children to ensure their future success. I work to make sure then when I am no longer able to work I will be self-sufficient and have enough to be able to continue to feed myself and keep a roof over my head. I work to ensure that when I pass, my children will have enough money to help them move forward. I work to be able to have extra discretionary money to spend on vacations, family fun time, and furnish my home with nice things. I don’t work to give my money to charities or to the government. But, I willingly give my money to help those less fortunate because I remember what it was like to be one those less fortunate. I give my money willingly to those charities that I know will help those less fortunate transition in to successful individuals. I don’t give my money to charities that will just give a hand out to people who don’t appreciate it and have no ambition to move up out of poverty. I don’t want the government forcing me to give to their charity of choice. Medicare, Medicaid, SCHIP, Welfare, Unemployment, methadone clinics, free-needle programs, free-condom programs, and other programs of those sort are all unconstitutional taxpayer subsidized charities. These government formed programs should be paid by citizens who willingly want to give their money to them – not forced through increased taxes. It is because of programs like these that our government is on the verge of bankruptcy.
P-BO is delusional and completely out of touch. He doesn’t care about rewarding success, self responsibility and accountability. All he cares about is fundamentally transforming this great country from a society built on those principles to one where he turns all the people in to slaves of the government through those aforementioned programs. Don’t buy in those lies – he’s back in campaign mode saying what he thinks the people want to hear all the while knowing that he will continue to push is socialist agenda through.