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LIE “We were forced to take those steps (to jump-start the economy) largely without the help of an opposition party which, unfortunately, after having presided over the decision-making that had led to the crisis, decided to hand it over to others to solve, Obama said, starting his address with a history lesson on the roots of the recession.”

Truth: First the TARP program, which was passed in Congress and the Senate by both Democrats and Republicans, your Fed Chairman Geithner on 2/5/09 had and has control over how to use the funds which is estimated to have a remaining balance of 300 billion.

Truth: American Recovery and Reinvestment Act of 2009, this one is your baby, a 787 Billion baby know as the stimulus plan. You put your best man in charge, Vice President Biden, who since February has managed to fund mostly pork laden non shovel ready projects, and has only funded an estimated 21% to date, also least we forget about the manufactured districts and the large majority of funds going to Democratic member districts.

Truth: Your administration President Obama, has managed to run up (at last count) a deficit of 1.4 TRILLION by employing Keynesian economic theory, or better put, a way to justify the democratic spending spree.

Truth: You cannot spend our country out of debt, that sir is an oxymoron to the highest degree!

Truth: You are attempting to pass a health care bill against the best wishes of the people you serve. You state that no increase in the deficit will be apparent, so looking at that statement you want to cover an additional 30 million people who currently do not have coverage, and you can do that for free?

Truth: Since your parties greed overwhelmed the first stimulus plan you passed, and given 80% of the money has not been spent, you want to offer up a jobs program which will cost another 200 billion. Like the health care plan you say the money will come from TARP or TALF, but give the American public one good reason they should believe you?

Truth: Cap and Trade will further burden the United States economy which will be tasked with carrying an additional tax which will have to be amortized off by middle America further increasing cost to produce which will be passed on to the good people so fortunate to have jobs.

Truth: With the EPA and the United Nations in your back pocket you plan on signing the Copenhagen accord to stem global warming, regardless of the actual truth and facts about the reality of global warming, and the latest scam uncovered which certainly should be validated prior to signing any treaty that will harm the United States.

Truth: Your team of inept financial advisers are trying to implement or make law Financial Regulation Reform, when in fact two of the most culpable individuals for the housing crisis are from your party, Barney Frank And Chris Dodd. Their continued harassment, influence and attacks on the lenders to loosen up mortgage underwriting guidelines in fact exacerbated the housing situation. Also by not implementing suggested refrains on the GSE’s as proposed by Republican legislators both entities were allowed to run amuck.

Mr. President, we are past your blame game, it is childish to continue to look for scapegoats, leaders don’t need to blame others, they fix problems, they elicit help, and build bridges not burn them. Mr. President you have been in office close to one year, and all your team has done is run our nation into the ground, by spending the American public’s money unwisely, while continuing to blame others for problems you and the Democratic congress have created, which by the way has had the majority since 2006.

Sir, either man up and get the job done, or get the hell out of the way, I believe we can do much better without your continued lies and half truths!

MICHELLE MALKIN   Al Gore you lie!
AMERICAN THINKER   Watermelon Marxists
BREIBART TV   Krauthammer: EPA move may bring a revolution on the administration
LISA IN TEXAS  Most Wanted: Velvet Revolution! Let them eat cake? huh
ON MY WATCH  Barney Frank Can’t Stop Tinkering With Money and Markets
GATEWAY PUNDIT  5 Terrorists Arrested at Copenhagen junk science summit
ALLAHPUNDIT  Senate defeats Nelson’s anti-abortion ObamaCare Amendment
IMAO  Frank Idea for Copenhagen
LEGAL INSURRECTION   UN Climate Chief to US: Show me the money
NEWSREAL   The Truth Behind Climategate and Hopenhagen
NICE DEB  Obama Rescues Economy!
ANIMAL FARM  The Free Market and Darwinism

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Seems ole Henry is not happy staying focused on the largest power grab in world history, the Cap and Trade bill of which he sponsored, now Hank wants to wrap his moonbat wings around the media.  Accuracy in Media reported today, “Rep. Henry Waxman trekked from Capitol Hill to Federal Trade Commission headquarters today to deliver a message to journalists and news consumers: All of you need to reach a consensus about working with the government in order to bail out the struggling news industry”.

Waxbat went on to say, “this recent depression in the media sector is not cyclical,” Waxman said. “It is structural”. Ahhh Hank what do you know about the media other than to implement government intervention in yet another free market dancing on the constitution and the first amendment while you try to use the public’s money to buy left wing press loyalty.

Other brilliant observations and statements by Sen Waxbat, “but the government should partner with the media industry to ensure a sound future for journalism”, and lastly, “There needs to be a consensus within the media industry and the larger community it serves” before the government acts, Waxman said. “We have to figure out together how to preserve that kind of reporting.”

There are so many insane, biased, statements in the article that you have to wonder what color is the sky in the liberal moonbats world.  The tome goes on to explain due to market forces, and arcane management media outlets cannot compete, hmmm this does not seem to be a problem for Fox News?

At least one of the attendees at the FTC workshop had a grip on the issue when he stated, “Firewalls can work in private businesses when management insists that they be respected,” Tapscott wrote, “but it’s different when government is involved because nobody can say no to power-happy federal bureaucrats armed with regulatory authority or litigious Justice Department attorneys packing subpoenas and make it stick.”

If this attempt was not so obvious in its attempt to control the dissenting voice against Washington and its political members it would be great irony, but Waxbat with his, in the hip pocket followers are lining up for the gravy train of federal funds to cement their future job security. A reporter will now be tasked to speak a different truth, one that is acceptable to the food source. The cannons of journalism will be nothing more than a forethought, the message will be controlled, and propaganda based to the betterment of the sponsor our very own government.

Yet another bad idea from Hank who also brought us, Obamacare, Cap and Trade, now the media bailout, a thinly veiled attempt at controlling the watchdog. I do hope Sen. Hankbat will reconsider his pet projects, history has a long memory.

ED MORRISSEY   Government to bail out newspapers?
ACE OF SPADES HQ   NASA also hiding climate data under religious zealot James Hansen
ATLAS SHRUGS   Bite Me Again!
ON MY WATCH   Change-is everywhere
VOTINGFEMALESPEAKS!   Obama bitch-slapped by Honduras Parliament
1DRAGONBLOG  Climategate is a leberal “news” media scandal, too
FLOPPING ACES   Polls: Obama sinks as does the number of Democrats
GATEWAY PUNDIT  Climategate: Mann Throws Jones Under Bus
IMAO   Top Ten Plans by Obama to Improve His Popularity
NEWSREAL  West Point “days of rage”: speaking lies to power
POWERLINE  What about Blanche?
RIEHL WORLD VIEW  Gore Abruptly Cancels “Light Snack” in Copenhagen
SISTER TOLDJAH   The beer summit vs. the jobs summit-which will prove more productive when all is said and done?
STOP THE ACLU   Obama job summit: another manufacturer ops out of U.S.A.
SNOOPER REPORT   The Federal Government and the USC: Control all media?
MICHELLE MALKIN   The crappiest NYTimes column on Obamacare just got crappier
FRUGAL CAFE BLOG  Its my Nations carbon footprint and I’ll enlarge it if I want to…
LISA IN TEXAS   Code Pink:  Code word for another radical anti-American hate group?
OHIOBELLE   Creating one green job at a time

CBC threatens actions agains Obama over unemployments; Pelosi claims Socialism’s failures are Bush’s fault!

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Much has been said about the success of the Obama Stimulus package over the last 10 months, and the creation of jobs and promoted lift to the US economy.  Lets take a look at the fiscal reality’s of the proposed “savior bill”.

It is important to understand the first law of economics, supply and demand and how it dovetails into cost verses benefit.  Equally important is that economics is nothing more than a perception of safety, and regardless of all the PHD exposing economic rhetoric, and charts meant to confuse rather than clarify, all economics are driven by a perception of need which drives consumer sentiment and its reaction to the markets.

Back in the early months of the Obama presidency, his team was presented with the potential of a critical meltdown of our and the worlds economic system, the choices made at that time tip the casual observer as to how the Obama administration would view and react to the global economic crisis.

If Obama’s process can be brewed down to a one word definition it would be “leverage”, in both monetary and political policy.  We are now all well aware of the “Chicken Little” philosophy implemented by Obama and his team, IE; if we don’t get this, that will happen, now is the time to act, we have to change the system from days of old to insure our fiscal future….  On and on the team took a severe economic slowdown that was created by the legislators on both sides of the isle over the last 12-15 years, and made it by leading of public opinion into a situation that is becoming more black and white each day, which brings me to the second definition of leverage.

Obama and his advisers were challenged with how they would implement their platform of government growth and spread the wealth policies in a severe economic downturn?  Easy, spend money to increase cash flow all along the way creating branches of government to oversee the increase in bureaucracy, further swelling the size and scope of the United States government

Now I have been employed in the financial markets for most of my career, and we have a little inside joke, “you can’t borrower nor spend yourself out of debt”!   Obama’s implementation of Keynesian economic theory, and goal to control markets via the central bank and fiscal policy to stabilize the output of the business cycle, is and will fail.  Whenever you have a mixed economies, (private & government enterprises) the balance is critical for one entity not to overtake the other, while keeping a free market system encouraging growth for entrepreneur’s and middle America the primary engine to economic growth.

This is where the Obama administration revels its greatest flaw, they have overplayed the depth of the problems of our economy, and in doing so out of need to justify there rampant and unwarranted spending their process has dug the hole ever so deeper.  Now in an effort to garner as much legislation as possible while the “iron is hot” the Democrats are ramming flawed, pork laden, high cost ineffective bills down the throat of the American public.

By implementing there “crisis” strategy the Democratic house and senate are hedging there connections with the “lame street media” in that they expect this connection will assist in further portraying the “big lie” propaganda as reasonable and needed.

By taking this tact history will have a special chapter dedicated to the current crisis, and many names associated with what can only be viewed as a travesty, will be labeled for what they are, “crooks”.  Many new verb’s will be created in reviewing the Great Recession, but one thing is for sure, and you heard it here first, our country has been, “Baracked”.

Ace Of Spades HQ  WaPo Columnist…Stop Whining, Sure Some Will Die But We Need To Save Money On Health Care
Conservative Blog Network
Doug Ross Journal
Flopping Aces  The iraq Wr Inquisition Begins in Britain
Gateway Pundit  So called Blue Dog Dem Says He’s OK with jailtime for no insurance (video)
Allahpundit  Video: Glenn Beck buries the two-party system-almost
Ed Morrissey/Hot Air Rasmussen: Obama drops to the lowest approval rating.
Ed Morrissey/Hot Air  3rd quarter GDP 2.8% not 3.5%
IMAO  Republican Purity Test
Legal Insurrection  Why are the Democrats Holding Louisiana Hostage?
Michelle Malkin   9/11 families issue call to action.
Moe Lane  Yes.  That Lamont primary challenge worked out *so* well.
Newsreal  Media Matters:  “keep you distortions off our abortions!”
Outside The Beltway  Private Forecasters Support Claim that Stimulus worked
PoliPundit  Let the Retirements Begin
Powerline  A different perspective on Obama’s Bows
Riehl World View  Lieberman: I got yer Ned Lamont Right Here, Suckers
Say Anything Blog  Third Quarter GDP Growth Revised Down, Inflated by Government Spending
ScrappleFace  President’s “Thanks-giving” order perplexes Dems, Pundits
Sister Toldjah  John Conyers: “I’m tired of saving Obama’s can”
The Volokh Conspiracy  DOJ Files Brief Supporting Super-EN-Banc in CDT
Another Black Conservative  Obama Plans to send 34,000 troops to Afghanistan
Diary of a mad conservative  Stunningly Evil
FreeViews   Our Whole World Will BE a Burning Ball of Fire!
Frugal Cafe  Fort Bragg Loves Sara Palin
On My Watch  Global Islam- Zeal and commitment is their Real Power- Do we have it?
Lisa In Texas  Bend over folks!  Congress knows best!  How about that kiss?
VotingFemaleSpeaks!  Leaked Obama Afghan Strategy Revealed; Sets Stage for surrender to Terrorists
VotingFemaleSpeaks!  Climate WARMer’s Global Conspiracy; Ugly Science of Lies Uncovered at Last

Proposed RNC Resolution on Reagan’s Unity Principle for Support of Candidates    MUST READ

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