According to the Reuters News Agency, “Obama, Bernanke out of ammo to boost jobs, growth..” Sounds like the nation under OWEbama has the same problem as the military does under a liberal, no ammo..
“The United States has a jobs problem and there’s not a lot that Obama and Bernanke can do about it..” As 2012 creeps ever closer, it is OWEbama that has the “jobs” problem. Actually, AMERICA has the “jobs problem” that is has “inherited” from OBAMA.. Maybe there isn’t much they can “do about it” because OWEbama and his liberal lackeys “tried” to do so much about it.. So much of what they have “done about it” has accomplished so little of a positive nature.. As an aside, there is really only so much that anyone could do by fiddling with monetary policy as the Fed has tried. As “clueless” as Bernenke is about one of the “economic soft patches” of a few months ago, this is OBAMA and the Democrat’s problem alone..
“In the face of rising risks of a recession that could imperil his re-election chances next year..” This “re-election” was the collectivist catalyst behind the “kick the can timetable” that Obama demanded for HIS debt ceiling fiasco. Whether it “does” anything positive about the problem is irrelevant, Obama can now say that he did “something”.. (By the way, how did OWEbama’s “can plan” do? The Dow dropped well over 500 points today alone, on top of the hundreds of points it plummeted in the past two days..) With the left, “results” can always be blamed on someone or something else..
“He has little political leverage, he does not have much presidential persuasion left. He is running out of capital..” Thanks to Obama and his Marxist minions, AMERICA itself has run out of “capital”, THAT is the problem, one among many that are the direct result of the Democrats and their fascist funny business..
“It seems we’ve thrown everything at it. We’ve had QE1 and QE2. (“Quantitative Easing” a Fed money manipulation trick..) Stimulus 1 and Stimulus 2. The unemployment rate is still 9.2 percent..” I am not really sure who this “we’ve” is. The ONLY ones doing any “throwing” have been the liberals, regardless of all of the idiotic distraction techniques of “it’s the Republicans fault” that they have been humorously heaving around of late.
“Maybe there are just not many options here at this point..” How about this novel idea: can the left concede that the “options” that they have been exercising since both 2006 and 2009 have done NOTHING to stem the Democratic demolition, the economic black hole that is Obamanomics? In the end, the “option” of raising the OBAMA debt limit makes as much sense as giving the gift of a poppy field to a heroin addict.. The availability of even more money will NOT suddenly make OWEbama into a confirmed capitalist..
Having both time and the middle class’ tax money, the left’s “options” played up until now, have produced record deficits, record debt and record unemployment. The Carter “Malaise Days” now looks like the Roaring Twenties compared to the OBAMA implosion. From our perspective, shouldn’t this be classified as a fascist failure through and through? Is this “failure” the result of liberal stupidity or are these “historic” heresies the result of the liberal’s plan being executed perfectly?
Maybe the “options” of ANYBODY other than the pernicious progressives might begin to at least dam the reactionary river.. This river is “denial” as the greasy spokesMAN for the liberals, WasserMAN yesterday said that “we’ve really begun to turn the economy around..” (Freerepublic dot com) Again, we have to ask, if the liberal’s oily oligarch believes that they have “turned the economy around”, when the Dow has lost nearly a thousand points since Obama’s “victory”, the “corner” the liberals want America to turn is Depression and destruction. The liberals aren’t stupid and by the way, neither are we. This is intentional. This is war.
Here is an “option”.. “A major option is extending the payroll tax cut. We did that in December and the economy grew at a 0.6 percent rate..” With OWEbama and the Democrats, a measly “0.6 percent” INCREASE in growth is something to celebrate. Note to the liberals: a tax CUT produces growth. The only “growth” a tax increase creates are otherwise known as “economic tumors”..
Another wizard from the “Babbling Brookings Institution”, Karen Dynan said, “there is a good case to be made for additional stimulus..” Perfect.. The first TWO “Scamuli” didn’t work (again based on the idea that they were supposed to do something POSITIVE for the economy..) another socialist salvo from these same sophomoric socialists won’t work either..
That said, before the ink was dry on OWEbama’s latest “save/destroy the nation” farce of raising the debt limit, one of his Marxist minions was unveiling his progressive plan to RAISE taxes on Americans. When Obama is said to be “pivoting” back to “job creation” (stop giggling..) why would the left immediately begin raising taxes which ALWAYS penalizes both employers and consumers?
Obama is only concerned about those “employed” by the liberal welfare machine. As long as the nation’s slothful, America’s slugs, receive their “checks” which under liberalism has become their RIGHT, under the perverted perception of the demented Democrats, all will be well with those who have no choice under the liberal caliphate but to bankroll the unending Bolshevik benevolence of the left..
After TWO failed “Scamuli”, after “extraordinary” measures taken by the Federal Reserve and after this latest OBAMA debt ceiling fiasco, NOTHING is available to help those that ACTUALLY keep America’s economy moving FORWARD, the employers and the middle class consumers..
Watch carefully as the liberals do a little more “pivoting”, not only will the leftists be trying to blame the Republicans for the “mess” that they have “inherited” from themselves, now they will try to drag the Tea Party into the swamp of socialism that has been working its magic on America since 2006..
“With lawmakers out of town for a summer recess..” They have earned it, haven’t they? This is Obama’s cue to rustle up the clan and head off for his 198th vacation on the backs of the American taxpayers.. “Although Obama does plan a Midwestern bus tour from August 15 to 17 to talk up jobs..” “Talk up jobs”? Instead of “talking” about them, maybe Obama should get around to CREATING a few MILLION of them.. “Talking up” jobs means another visit to the fairy tale land of “jobs saved or created”.. When asked about Obama’s “plan”, “the White House declined to say what he had in mind or when he would lay out suggestions..” There’s no hurry.. There is no “crisis”, is there? What is the name for his Bolshevik bus tour, you ask? “Barack E. Newman, ‘What Me Worry’ 2011..”
The ONLY reason that OWEbama and Bernanke are “out of ammo” is because the liberals have, in a drug induced orgy since 2006, spent their time shooting into the sky.. As proven by the OWEbama recklessness, AMERICA is “out of ammo”. Several Scamuli, Bolshevik bailouts, Health Scare Scams and the list goes on and on and on.. Obama has done something else “historic”, he has run the American well dry proving that he is a better socialist than all of his European and Soviet heroes who have preceded him into the “dustbin of history..”
Larry Wilke is a Capitol Hill Coffee House staff writer.
