Obama Campaign - "If I Wanted America To Fail"

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Daily Devotions


If you support our national security issues, you may love and appreciate the United States of America, our Constitution with its’ freedoms, and our American flag.

If you support and practice our fiscal issues, you may value worldly possessions.

If you support and value our social issues, you may love Judeo-Christian values.

If you support and practice all these values, that is all good; an insignia of “Wisdom” . - Oscar Y. Harward

Friday, September 9, 2011

Obama’s “American Jobs Act” is like having “fatback” fed for a meal

By Oscar Y. Harward

President Obama wants to spend another $457 billion of deficient spending. How many more credit card spending programs can President Obama and Capitol Hill Democrats squander putting the burden of repayment on our children, their children, etc.? President Obama says it is all paid for. Under President Obama’s plan, it is “spend now; pay later”. 

In October 2008, Congress spent $1 trillion to bail out Wall Street and the banks. These troubles were related to Sen. Chris Dodd and Rep. Barney Franks’ legislation which allowed unqualified home buyers to qualify for home ownership when, otherwise, they would not qualify. President George Bush had warned of these changes http://www.youtube.com/watch?v=ZMeHgaU8tGE. Democrats ignored these warnings.

Since Obama’s inauguration,  President Obama and Capitol Hill Democrats passed legislation for $410 billion for government operations, passed $2 billion legislation “Cash for Clunkers”, passed ObamaCare adding more cost to companies, passed an $857 billion “stimulus” package using (y)our tax monies and the list goes on. These added costs to companies makes these businesses less competitive in the marketplace. Many of these industries are forced to relocate or go out of business.

General Electric (GE) CEO Jeffrey Immelt, who heads Obama’s own “President's Council on Jobs and Competitiveness”, is relocating GE’s 115 year old X-Ray business headquarters to China.

On a regular basis Obama administration officials provided reports of many jobs as “created or saved” for our economy. Our economy has now “lost” 2.4 million jobs under President Obama’s administration. Mr. President, you spent $857 billion for a “stimulus”! Where are the jobs? After spending $857 billion, there seems to be little to no “stimulus” in our economy.

The excessive price of oil and gasoline is draining our economy. President Obama and his Environmental Protection Administration (EPA) as well as Capitol Hill Democrats continues to deny almost all “known finds” for oil drilling. When Obama took office in January 2009, the price of gasoline was $1.81/gallon. Today, gasoline is approximately $3.67/gallon. Diesel fuel is approximately $3.86/gallon http://www.eia.gov/oog/info/gdu/gasdiesel.asp.

President Obama is now saying that his newer spending bill is for repair and renovation of schools, building more railroads, bridges, etc. These occupations are government jobs at taxpayers’ expense while (y)our economy needs jobs in the private sector. Public schools are paid for at the state level; not at the federal level. You can “betcha” Obama and Capitol Hill Democrats are protecting more of this spending scheme for their Labor Union allies; perhaps, requiring or preferring contractors to operate with Labor Union shop employees.

Amtrak has already drained taxpayers for $13 billion. The average taxpayer subsidy per Amtrak rider is $100 http://www.cato.org/pubs/pas/pa-266.html. Ohio, Wisconsin, Florida are responsible Governors who has rejected more government spending for expanded rail service.

The Boeing Company wants to build a new manufacturing facility in SC.  Boeing’s project is jobs in the private sector; however, Obama’s National Labor Relations Board (NLRB) are attempting to stop this “jobs” facility as SC is a “Right to Work” state that does not “require” Labor Union membership.

President Obama’s “American Jobs Act” is more about “government jobs” and a small amount about jobs in the private sector. Obama’s plan will offer almost nothing for improving our economy. It is more like having “fatback” fed for a meal; a small amount of meat and a lot amount of fat.  This “American Jobs Act” is a Socialistic spending scheme. Margaret Thatcher once said, "The problem with Socialism is that eventually you run out of other people's money [to spend]."

If Government will reduce taxes, remove the red tape bureaucracy, and get out of the way, our economy will quickly recover. To all, America needs jobs in the private sector. 

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