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Obamanomics: The Gift that Keeps on Giving
Townhall.com ^ | August 7, 2011 | Michael Reagan

Posted on 08/07/2011 7:59:07 AM PDT by Kaslin

Like everybody else, presidents have birthdays and have a right to celebrate them and invite others to join them in the festivities. But taking advantage of the occasion to bash the rich and then charge some of them a whopping $40,000 to be able to sit near him as he observes his birthday is nothing short of outrageous.

The only thing President Obama excels in is fundraising -- after all, when a president puts the arm on you, you can hardly say no. And the president has been putting the arm on a lot of his rich friends lately and raising big bucks for his upcoming reelection campaign. It's a shame he can't create jobs as efficiently as he raises money for himself. If he did I might even vote for him. However, he doesn't, and so I won't.

He should quit blaming the rich for being successful and take a look in the mirror. Instead of quoting my father to justify himself and his shocking incompetence he should try to imitate my Dad and try to govern as well as my Dad did.

In just barely two years he has driven the economy into a ditch yet has the gall to blame our economic troubles on President Bush, who has been out of office for two years. Moreover, during the last four years of the Bush presidency, Congress, which controls the purse strings and thus the economy, was controlled by the Democrats. It wasn't George Bush who overspent; it was the Democrats on Capitol Hill who did their best to imitate the most drunken of the legendary drunken sailors.

"Spend and elect" has long been the policy for the Democratic Party and they have been on a spending spree since taking control of Capitol Hill with nary a word of caution coming from the Obama White House. The nation is already staggering over Washington's out-of-control spending spree and we have yet to begin to pay the monstrous bills for such costly programs as Obamacare.

It appears that Barack Obama and his toadies on Capitol Hill have no concern over the fact that their overspending is placing a burden on our children and grandchildren, who will be burdened with paying the bill this generation's overspending is putting on their shoulders. The time-honored American policy of each generation leaving their children a prosperous nation has been reversed by Obama and his Capitol Hill allies. Their heritage will be mountains of debt.

We are now experiencing a monetary crisis thanks to Obamanomics. The savings of the American people have been savaged by the president's economic policies and the value of the dollar has plummeted, sending the price of gold skyrocketing. Economists are warning that the nation is heading into a double-dip recession.

Incredibly, the president and his toadies in the media and on Capitol Hill are blaming that growing army of Americans in the tea party for the economic problems for which he and he alone are to blame. Decent American citizens who comprise the tea party are labeled terrorists for daring to oppose Obama's quasi-Marxist policies.

At the heart of Obamanomics is the discredited political movement that has its roots in the political and economic policies of Karl Marx. It is a policy that has wreaked havoc whenever its ugly head is raised.

Even with the debt-ceiling compromise in place, the stock market this week proved that investors are still nervous about the economy's long-term health. It may be a happy birthday for the president. It is not, however, a happy occasion for the American people, who are paying for the gifts he's giving to himself.


TOPICS: Culture/Society; Editorial; Government
KEYWORDS:

1 posted on 08/07/2011 7:59:07 AM PDT by Kaslin
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To: Kaslin

I’M SO TIRED OF IT ALL
I’m so tired - Oh so tired - of the whole New Deal;
Of the juggler’s smile; the barker’s spiel.
Tired of taxes on my ham and eggs;
Tired of payoffs to political yeggs.
I’m tired of farmer’s goose-stepping to laws;
Of millions of itching job-holder’s paws;
Of Fireside Talks over commandeered mikes;
Of passing more laws to stimulate strikes.
I’m tired of the hourly-increasing debt;
I’m tired of promises still to be met;
Of eating and sleeping by Government plan;
Of calmly forgetting the Forgotten Man.
I’m tired of every new brain-trust thought;
Of the ship of state - now a pleasure yacht.
I’m tired of cheating the courts by stealth;
And terribly tired of sharing my wealth.
I’m tired and bored with the whole New Deal;
With its juggler’s smile and barker’s spiel.

You’d think they’d try something different for once.


2 posted on 08/07/2011 8:02:55 AM PDT by griswold3 (Character is Destiny)
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To: Kaslin

Here’s a prediction: in November ‘12, Obama will carry the District of Columbia...that’s it, D.C.

Huge electoral blowout is coming.

GOP will have majorities in both houses too. Question is: we they take the bull by the horns and remake this economy in the image James Madison forsaw...or will they blow it again?


3 posted on 08/07/2011 8:03:34 AM PDT by kjo
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To: Kaslin

You have your self destructive types, like alcoholics, drug addicts, people who self-mutilate, then you have your rich liberals. Is there any explanation? Any reason for their type of thinking? It’s lost on me. Yes, let me not only vote for a guy who will insure I lose all my money, but let me also pay $36,000 bucks for a dinner plate to help him be re-elected. Why don’t they just take all the money they have, put in in the middle of a field, pour gasoline on it, and burn it? Because that’s all they are doing.


4 posted on 08/07/2011 8:03:41 AM PDT by GrandJediMasterYoda (Mark Halperin - Learned the hard way what happens when you speak the truth on PMSNBC.)
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To: Kaslin

no doubt comrade obama’s policies hurt most the people he says he is going to help.


5 posted on 08/07/2011 8:08:48 AM PDT by ken21 (ruling class dem + rino progressives -- destroying america for 150 years.)
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To: Kaslin

well spoken article by Michael Reagan!

I wonder if he even has any contact with losers Patti and Ronnie and what they talk about if he does.


6 posted on 08/07/2011 8:17:41 AM PDT by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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7 posted on 08/07/2011 8:23:37 AM PDT by devolve (. . . . . . . . . . . . Fat & Furious - Burger & Fries Queen*s 1700+ calorie lunches . . . . .)
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To: ken21

” no doubt comrade obama’s policies hurt most the people he says he is going to help. “

They always do....all throughout world history.


8 posted on 08/07/2011 8:31:23 AM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: kjo

Sadly enough, if he were Satan himself, as long a he’s a dimocrat, he WILL take Minnesota too.


9 posted on 08/07/2011 8:32:28 AM PDT by EGPWS (Trust in God, question everyone else)
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To: EGPWS

AND mASSachusetts!


10 posted on 08/07/2011 8:59:25 AM PDT by NHResident
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To: EGPWS

Don’t forget California. Chances are ZERO that it will go Republican in 2012.


11 posted on 08/07/2011 9:02:13 AM PDT by Deo volente (God willing, America will survive this Obamination.)
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To: Kaslin

you couldn’t PAY ME $40,000 to attend such a function, unless i could leave within the first 10 seconds


12 posted on 08/07/2011 9:03:16 AM PDT by sten (fighting tyranny never goes out of style)
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To: EGPWS

you read my mind, was just going to say, better add MN too!


13 posted on 08/07/2011 9:04:23 AM PDT by gore_sux_2000 (Sarah Palin can touch M.C. Hammer.)
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To: devolve

That is a turkey burger?.


14 posted on 08/07/2011 10:42:30 AM PDT by Vaduz
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