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The Obama Nation
Sorry Obama, the Dollar is Strengthening
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Despite attack ads from Barack Obama about the economy being in utter peril, Bloomberg.com reports the U.S. dollar heads for a fifth weekly gain on dropping oil prices and a global slowdown.
The dollar headed for a fifth weekly gain against the euro, its longest winning streak in more than two years, as crude oil prices declined and economies from Germany to Japan contracted.
The U.S. currency rose to the strongest level in almost six months against the euro and a seven-month high versus the yen. The pound dropped for an 11th day against the dollar, the longest run of declines in at least 37 years, on speculation a recession will force the Bank of England to cut interest rates.
That’s good news for the American people, but don’t expect to hear it in Obama’s stump speeches.
Obama Lies about being on the Banking Committee
Oops, he did it, again. Today Barack Obama falsely claimed to be on the Committee on Banking, Housing and Urban Affairs.
While Obama was at a press conference in Sderot, Israel, he told this tall tale…
“Just this past week, we passed out of the out of the U.S. Senate Banking Committee - which is my committee - a bill to call for divestment from Iran as way of ratcheting up the pressure to ensure that they don’t obtain a nuclear weapon.”
Just one problem with that statement… he’s not on that committee.
What in the world will Barack Obama say tomorrow on his international gaffe tour?
Why I am a Republican in 2008
I explain in a video on YouTube why I will be voting Republican in 2008.
As a family man with four kids and a small business owner, my focus is on the economy and how we must reduce spending, rather than raise taxes.
I also touch on working towards being energy independent by following a number of paths, including oil and natural gas exploration and production, clean coal technologies, building nuclear power plants, and harnessing wind power.
It’s time to stop mortgaging our future, and to start investing in it.
Obama Mac vs. PC
Parody of the Mac and PC commercials that discusses wealth redistribution.
RedHatBlueHat 5: Potential First Ladies as MILFs?
Episode 5 of RedHatBlueHat included the regular cast of Tim Jones, Mike Allen, Sam Harrelson, Shawn Collins and Todd Crawford getting all hot and bothered over the potential first ladies, drilling for oil and the Obama plan to return to failed Clinton practices of prosecuting terrorists.
We discussed how America’s Mayor, Rudy Giuliani, had the following to say about the Obama idea to return to the Clinton plan when it comes to bringing jihadists to trial…
“I also believe that the remarks yesterday that were made by several people in the Obama camp that if (Osama) Bin Laden were taken to Guantanamo, he would be given habeas corpus rights is startling. The reality is that there seems to be more concern about the rights of terrorists or alleged terrorists than the rights that the American people have to safety and security.”
Regarding the 1993 World Trade Center bombing, many of the responsible parties escaped prosecution because of the limits on civilian criminal prosecution.
Same result for the prosecution efforts of the monsters responsible for attacks on the Khobar Towers, the U.S.S. Cole, and the U.S. embassies in Kenya and Tanzania.
It was a toothless plan to treat foreign terrorists like U.S. born shoplifters on September 10, 2001 and we paid a dear price for it.
But like many things Obama, everything old is new again - bad ideas wrapped in new bumper sticker slogans.
We also discussed energy plans and how they contrast. Whereas McCain wants to work towards energy security for a prosperous economy, the Obama plan that focuses on what he doesn’t want and what we can’t do.
The reality is that our economy is tied directly to the availability of diverse domestic energy sources, and McCain is addressing the issue head on.
We talked about how McCain plans to work towards securing our future economy with offshore drilling and the construction of nuclear reactors.
Finally, the gang turns to the issue of which potential First Lady is the hottest. There is some crossing of party lines and surprising picks from both the blue hats and the red hats as things develop. Final verdict is that either way, there will be talk of FLILFs.
Obama Breaks Campaign Financing Promise
Barack Obama has announced that he will not enter into the public financing system, even thought he previously pledged to do so.
Back in November 2007, Obama answered “Yes” to Common Cause when asked “If you are nominated for President in 2008 and your major opponents agree to forgo private funding in the general election campaign, will you participate in the presidential public financing system?”
Barack Obama went on to say “I have been a long-time advocate for public financing of campaigns combined with free television and radio time as a way to reduce the influence of moneyed special interests.”
See Question I-B on page 4 of the document from Common Cause.
The only change I am seeing in Obama’s campaign is that he continually changes his mind. Some might call it flip-flopping, or perhaps lying.
More details at http://blogs.abcnews.com/politicalpunch/2008/06/obama-to-break.html.
Curiously, some Democrats are celebrating the broken promise.
Barack Obama is Not Pro-Choice
My argument for the option of younger workers to use some of their Social Security payments in private investment accounts.
Also, I am bothered by the ongoing misrepresentation by Obama on Republican Social Security plans.
Neither President Bush nor Senator McCain were ever trying to mandate the privatization of Social Security, but rather they wanted younger workers to have the option to control the investment of some of their money.
Freedom of choice - that’s all.
It would be nice if Obama and his colleagues would focus on what they can do, rather than lying as a means to demonize the Republican plans.
Obama Wants to Increase Social Security Taxes
Another day, another proposed tax increase by Barack Obama.
Yesterday, Obama called for jacking up the payroll tax, which would result in tens of thousands of dollars in additional fees for some taxpayers.
The new Obama Social Security tax, the largest tax hike in at least a decade, would apply the 6.2 percent payroll tax to the entire income of workers making $250,000 or more a year.
As it stands now, that rate applies only to the first $102,000 of income.
“Barack Obama likes to think that his tax increases will only hit a few Americans, but in truth, his economic plan will be a disaster for everyone, especially seniors,” McCain spokesman Tucker Bounds said.
“Because of Barack Obama’s tax increases, one out of every three senior households will end up paying higher taxes,” he said.
Obama also reiterated his stance on the option for workers to invest a portion of Social Security, which is either based on ignorance or an intention lie to Americans:
“Privatizing Social Security was a bad idea when George W. Bush proposed it. It’s a bad idea today,” Obama said.
Just as it was when George W. Bush proposed it, John McCain supports allowing workers to invest some of their Social Security payments into private accounts.
No mandate - it’s completely optional, and it always has been under the Bush and McCain plans.
John McCain responded to Obama’s comments, “I will not privatize Social Security. But I would like for younger workers, younger workers only, to have an opportunity to take a few of their tax dollars, a few of theirs, and maybe put it into an account with their name on it. That’s their money.”
Exactly. Give people the choice, and get your hands out of their pockets, Nanny Obama!
Why do the Democrats think it’s rational to continually pillage and punish success, while restricting our rights?
Barack Obama Likes to Waste Money
I don’t know about you, but when we go over the budget in my house, we go with a practical approach - we live within our means.
If there is something we want, but we cannot afford it, then we just don’t get it. In essence, we cut our spending.
In government, it works a bit different, at least for Barack Obama.
He’s one of the big spenders of our money when it comes to earmarks. Earmarks, also known as pork barrel, are the appropriation of government spending for projects intended primarily to benefit the home state or campaign contributors of a politician.
In 2007, Obama has $91 million in earmarks for Illinois and his friends.
John McCain takes a different approach. On April 15 in Pittsburgh, here is what McCain had to say about this wasteful spending:
“There will be no more subsidies for special pleaders — no more corporate welfare — no more throwing around billions of dollars of the people’s money on pet projects, while the people themselves are struggling to afford their homes, groceries, and gas.
I will veto every bill with earmarks, until the Congress stops sending bills with earmarks.
I will seek a constitutionally valid line-item veto to end the practice once and for all.
We will institute a one-year pause in discretionary spending increases with the necessary exemption of military spending and veterans’ benefits.”
What do you think? Should we be taxed more by the government or should they cut the pork and spend less?
Carl Icahn: Obama Would Be Terrible President
Billionaire investor Carl Icahn says Barack Obama would be a “terrible” U.S. president, and that his election would bring higher interest rates and a loss of international confidence in the dollar.
“I don’t normally get involved in politics, but this time I am. “I don’t think Obama really understands economics,” commented Icahn an investors conference in New York last night.
So basically, Obama can offer change - he can help change the country to a state of accelerated inflation.
More at http://www.bloomberg.com/apps/news?pid=20601087&sid=aElyzzHkNwCY&refer=home.
