Wednesday, August 25, 2010

Can we finally admit that a Community Organizer doesn't know jack about how to fix the economy?



Why would anyone believe that a Community Organizer who was raised by and influenced by Marxists would care about or even know how to jump start a capitalist model economy? Think about that for a moment honestly. When Barry talked about creating "green jobs" and "shovel ready" jobs, I knew right then and there that the economy wouldn't be getting better anytime soon as long as he is in the White House. People who voted for Barack Obama claim that the economy was their number one issue when they pulled the lever. In all fairness, McCain may have been slightly better, because he would have at least had advisers who understand the economy and what it would be needed to get the private sector hiring again. I heard some pretty discouraging news this morning about the state of the housing market. Existing home sales were down in July 27%! It's kind of hard for homes to be sold when millions of homeowners are upside down on their mortgages, the access to credit has been tightened significantly, potential buyers are worried about whether they will have a job tomorrow etc. I'm starting to hear more and more people claim that Obama's priorities are out of alignment. I wonder what finally lead to them that logically conclusion. Next week Obama is going to address the nation on the withdrawal of operation troops from Iraq and is going to New Orleans on the fifth anniversary of Hurricane Katrina to deliver a speech. Call me nuts, but I believe most Americans right now aren't even thinking about Iraq and could care less about post Katrina five years later. They are thinking about the pink slip they just received or may receive from their employer, the foreclosure notice they received or is expecting from their bank, the creditor calling about an unpaid bill and also the despair of not being able to find another job after months of looking. Obama should be addressing the nation on the economy. Even the Washington Post has to admit the obvious at this point. Remember the $8,000 first time house credit that the government gave first time home buyers in an effort to try and stimulate the housing market? It looks like the government's cure made the patient worse rather then better, surprise, surprise.

4 Comments:

Anonymous Cammie Novara said...

The second I saw this hilarious Yes We Scam! B.S. We Can Believe In! Obama Approval Plummets piece I decided that Wake Up Black America's viewers totally should have an opportunity to read this! http://hubpages.com/hub/Yes-We-Scam-BS-We-Can-Believe-In-Obama-Approval-Plummets

11:28 AM  
Blogger Alpha Conservative Male said...

Yes We Scam! I like that Cammie!! lol
I would love it if Barry goes to speak at a photo op rally and the crowd just start chanting, "Yes We Scam"!. That would be so classic.

1:21 PM  
Blogger Sojournerlove said...

I wish Obama and his family would go on more vacations. To be honest every time he says he's gonna do something that something always makes the said predicament even worse.

Those who still believe in Obama are stuck on stupid!
I want him to go on another vacation I'm sick of his voice!

He sounds like a self-important wind bag.

4:22 PM  
Blogger p. anthony allen said...

As James Carville said after Clinton defeated George H. W. Bush in 92', "It's The Economy Stupid!"

The fact is that the Obama administration hasn't effected the economy in any measurable way. Sure, you can call the Stimulus Package a failure because the economic situation remains stagnant, mostly due to businesses refusal to re-invest their recent large profits. (Google Xavier Gabaix).

Okay Tyrone, we all know that when it comes to President Obama you're a lot less than a "fair weather friend." I wonder where your essay was last year when home sales when UP!. That being known, it's easy to surmise that you're on the, "I hope he fails" (Limbaugh) ship of pessimism. If I were a conspiray theorist, I'd take into account that many of those business leaders and C.E.O.'s may possibly be hoarding their profits to effect and produce Limbaughs wishes...

Secondly, we all know how (and WHEN) the housing market began to faulter. You can place the blame on Fannie & Freddie, AIG, unqualified home buyers, credit default swaps, ARM bank mortgages, Clintons policies, Bush's policies... what ever! The fact is the U.S. housing market is going though a phase downturn that, as far as I know, has never happened before.

President Obama hasn't fixed it as of yet. Thus rightfully (and unfortunately for him) he must take the blame, which is a "POLITICAL" gold mine for the Republican opposition. Presently it's in the Republicans best interest that the economy remains sluggish. Frankly I hope the economy begins to turn around as soon as possible. However, for those political pundits and right-wing nay-sayers, you're riding a good wave right now.

4:28 PM  

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