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Wednesday, September 22, 2010

Another Obama Economic Aid Resigns

Synopsis: The news article is about the resignation of Lawrence Summers, one of president Obama's top economic advisers. The news article made mention of the fact that the white house expected Summers' decision to leave the administration and go back to Harvard as an educator.

The president praised Summers' stating "While we have much work ahead to repair the damage done by the recession, we are on a better path thanks in no small measure to Larry's wise counsel,"

Read the entire article HERE.

And so goes the Flamers


Larry Summers was who we sent as a financial adviser to Russia when the Soviet Union collapsed !!!!!It resulted in collapse and devaluation of the Rouble in a total collapse of business and industry and total societal misery and disarray........Sound familiar?.....Same ideas, same advisers, same results.....Ohbumba is an idiot ! IMPEACH, IMPEACH !!!!!SickntiredI wish they would just report the truth. B O's top ex-economic advisors are meeting B O at one of his secret vacation spots to divide up their spoils, to have a trist and then retire to an off-shore tax-free haven. Just be real !

Obama administration is falling apart, slowly. It's so deserving, for a con man and a habitual liar.SpikeThere's only one thing that Obama can do now.........blame Sarah Palin.

Barack Obama is no fool. He is not incompetent. To the contrary, he is brilliant. He knows exactly what he's doing. He is purposely overwhelming the U.S. economy to create systemic failure, economic crisis and social chaos -- thereby destroying capitalism and our country from within.Barack Obama is my college classmate ( Columbia University , class of '83). As Glenn Beck correctly predicted from day one, Obama is following the plan of Cloward & Piven, two professors at Columbia University .
They outlined a plan to socialize America by overwhelming the system with government spending and entitlement demands.Add up the clues below. Taken individually they're alarming. Taken as a whole, it is a brilliant, Machiavellian game plan to turn the United States into a socialist/Marxist state with a permanent majority that desperately needs government for survival ... and can be counted on to always vote for bigger government. Why not? They have no responsibility to pay for it.-- Universal health care. The health care bill had very little to do with health care. It had everything to do with unionizing millions of hospital and health care workers, as well as adding 15,000 to 20,000 new IRS agents (who will join government employee unions). Obama doesn't care that giving free health care to 30 million Americans will add trillions to the national debt. What he does care about is that it cements the dependence of those 30 million voters to Democrats and big government.
Who but a socialist revolutionary would pass this reckless spending bill in the middle of a depression?-- Cap and trade. Like health care legislation having nothing to do with health care, cap and trade has nothing to do with global warming. It has everything to do with redistribution of income, government control of the economy and a criminal payoff to Obama's biggest contributors. Those powerful and wealthy unions and contributors (like GE, which owns NBC, MSNBC and CNBC) can then be counted on to support everything Obama wants. They will kick-back hundreds of millions of dollars in contributions to Obama and the Democratic Party to keep them in power.
The bonus is that all the new taxes on Americans with bigger cars, bigger homes and businesses helps Obama "spread the wealth around."-- Make Puerto Rico a state. Why? Who's asking for a 51st state? Who's asking for millions of new welfare recipients and government entitlement addicts in the middle of a depression? Certainly not American taxpayers. But this has been Obama's plan all along. His goal is to add two new Democrat senators, five Democrat congressman and a million loyal Democratic voters who are dependent on big government.-- Legalize 12 million illegal immigrants. Just giving these 12 million potential new citizens free health care alone could overwhelm the system and bankrupt America . But it adds 12 million reliable new Democrat voters who can be counted on to support big government. Add another few trillion dollars in welfare, aid to dependent children, food stamps, free medical, education, tax credits for the poor, and eventually Social Security.-- Stimulus and bailouts.
Where did all that money go? It went to Democrat contributors, organizations (ACORN), and unions -- including billions of dollars to save or create jobs of government employees across the country. It went to save GM and Chrysler so that their employees could keep paying union dues. It went to AIG so that Goldman Sachs could be bailed out (after giving Obama almost $1 million in contributions). A staggering $125 billion went to teachers (thereby protecting their union dues). All those public employees will vote loyally Democrat to protect their bloated salaries and pensions that are bankrupting America . The country goes broke, future generations face a bleak future

O. - ONE
B. - BIG

Opposition to the Flames:

leonel a.u
Everyone one of you are just a bunch of armchair quarterbacking crybabies. They had a difficult job, brought on by almost a decade of Republicans incompetence and malfeseance, when no one had an solution but hard choices and extraordinary measure. That we are not in the Second Great Depression, when all signs point we were on the edge of the abyss, was no small feat. That we have double digit umemployment with so many ticking economic time bombs ready to go off, just means it is economic suicidal to hand power back to the very people who brought to this end. That you are frustrated is understandable but grow up. This problem did not happen over night and will not be solve in less than two or even four years. Especially with those oppurtunastic, lying Republicans traitors getting in the way of any solutions to our many, mutual problems.

Take No Prisoners
It's not big secret that administration personnel leave un-expectantly every once in a while. BIG DEAL!AP - Yahoo, tell us something important.It's happened in the Bush administration. It's happened in the Clinton administration, it's happened in the Reagan administration.As far as I'm concerned, it's just a bunch of tea bagging racists who are looking for any possible excuse to hate Obama and blame him for every last fault. I mean we can all see what's going on here.The tea baggers and GOP have given Obama virtually 'ZERO SUPPORT' to any of his ideas and have spent their time doing nothing but nit picking and scrutinizing every tiny little nit pick they could come up with.It is very true. We don't like the Dems in Congress or in the White House, but the GOP is worse. I'm going to give the Dems a chance to finish what they started.

The Bush and Cheney led administration, Conservative Neocon and all of their corporate cronies took this country away from “we the people” and handed it and our treasury over to large corporations. Lets review:1. They overly de-regulated the oil industry, the pharmaceutical industry, the health insurance industry and the banking industry. We now have rampant outsourcing of American jobs, shrinking investment in our own country and jobs.Paid for: NoGrows Deficit: YesBenefits: Big Business, Not Main street2. They gave a $2.48 trillion tax cut to the TOP 2% of the wealthiest Americans with their promise of creating more jobs (trickle down economics). This tax cut is costing you and me and every man, woman, and child in this country over $7,000 per year. Last I heard, they aren’t hiring, at least in this country.Paid for: NoGrows Deficit: YesBenefits: Big Business, Not Main street(Also, that tax cut is more than twice the cost for the healthcare bill just passed by Obama but opposed by every Republican. A bill that actually helps main-street American citizen and it pays for itself over time, read that again, it pays for itself over time. Sound familiar, like “pay as you go”? )3. In 2003 they gave the pharmaceutical industry the largest windfall of profit in history by passing the Medicare Drug Bill. The Bush Whitehouse estimated it would cost taxpayers over $1.2 TRILLION dollars over 10 years and dis-allowed the government from negotiating for better drug prices.Paid for: NoGrows Deficit: YesBenefits: Big Business, Not Main street4. Bush and Cheney lied to the Country about WMD and declared war on Iraq, its been proven and is a fact. To date this war has cost over $900 BILLION. Much of that money has gone to line the pockets of government contractors like HALIBURTON and BLACKWATER who received BILLION DOLLAR NO-BID contracts as Government contractors to be mercenaries and provide military support. This is billions of our tax dollars going to line their pockets at the expense of American and Foreign Lives.Paid for: NoGrows Deficit: YesBenefits: Big Business, Not Main street5. The Bush Administration authorizes the largest rip off of the American Treasury by giving Wall Street and the Banking industry "free” money (yes interest rate of 0%) and then turned around rather than invest in Main Street, they used this money for large salaries, and to expand though mergers and acquisitions (Wells Fargo bought Wachovia, Chase bought Washington Mutual).Paid for: NoGrows Deficit: YesBenefits: Big Business, Not Main street6. Supreme Court – The conservative, mostly republican appointed Supreme Court has struck down a major portion of a 2002 campaign-finance reform law, saying it violates the free-speech right of CORPRORATIONS to engage in public debate on political issues. This means corporations now have the right to contribute UNLIMITED amounts of money for campaign ads and to political candidates, effectively letting them buy the U.S. Congress. This effectively renders your and my vote useless.Benefits: Big Business, Not Main street

Why is it that anyone believe a less than two years old administration can fix what it took eight years to break? People are fickle at times. This President and his administration stopped the collapse of the economy, passed the first health care bill, reinstated down payment assistance and is working hard to pass a jobs bill that is being blocked by "The Party of No!" The way I see it,if people can't appreciate and support a President who is for "We the People," and not a Corporations President, and who is working night and day to fix 8 years of castration of the economy, don't complain later when the same people who milked the people like cows do it again.