Barack Obama called the United States a “former colony” during his victory speech on Tuesday.
CNS News reported:
In his re-election victory speech on Tuesday night, President Barack Obama referred to the United States as a singular “former colony,” when the United States was actually composed of 13 separate colonies prior to gaining independence from the British.
“Thank you so much. Tonight, more than 200 years after a former colony won the right to determine its own destiny, the task of perfecting our union moves forward,” said Obama, which was the first sentence of his remarks in Chicago, Ill.
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Mad Hatter commented:
That has nothing to do with Global Economic Crisis, that is a 100% reflection on Obama’s policies.
Unemployment is not improving, it was 7.8% for September, then it went up to 7.9% for October, and those numbers are low compared to the real unemployment rate.
Just because other countries are making an F on their Economic Grade, that doesn’t mean our grade of a D makes us good.
Under Obama, the Labor Department no longer counts people that have stopped looking for work as unemployment, they just air brush those individuals from the totals.
The U-6 rate is at 14.6%.
Look-Out commented:
Your answer, Monkey #17, leaves me even more perplexed. That is, if you’re being completely honest.
Look-Out commented:
re#22 — Just realized why I’m confused…your answer is not unlike that BHO Communications director, Anita Dunn, who said the two people she admired most were
Mao and Mother Teresa…
Thanks for your time.
Monkey Wrench commented:
#21
Of course it does. Europe is in the crapper and they are one of our biggest trading partners. If they aren’t buying our goods and services, it negatively affects our economy. The unemployment rate was up to 10% not that long ago. Not sure what the U-6 rate was then. We didn’t go into a deppression, the recession is over.
I don’t know what you want Obama to do. He’s kept taxes low, which is important in an economic downturn. I’d like to see some major infrastructure projects to put people to work. Money is so cheap right now, why not borrow at these ridiculously low rates and use it to overhaul our infrastructure? But that needs to be passed by Congress and that’s not going to happen.
I’m sure you have great ideas, but those have to be passed by Congress as well. Obama is not a king.
bg commented:
++
btw, there’s already talk of a 3rd Obama term..
WELCOME TO THE NEW ONE WORLD ORDER
but hey, what do i know, i just post stupid links about stupid stuff that
link back to more links about more stupid stuff, however, being old and
white and almost history so to speak, know exactly what awaits me, as
for my fellow Americans, as well as the rest of humanity, i truly hope you
can make do wherever it is you land after Obama et al push US over the
cliff they’re aiming for in order to ‘reconstruct’ their “you didn’t build that,
Obama did” new Utopianic one world order in their own image.. *sigh*
==
bg commented:
++
clarification re: #25 November 8, 2012 at 7:15 pm bg
own image = own IDEOLOGICAL image
==
squeaky commented:
[Had Americans been able to stop obsessing over the color of Barack Obama's skin and instead paid more attention to his cultural identity, maybe he would not be in the White House today. The key to understanding him lies with his identification with his father, and his adoption of a cultural and political mindset rooted in postcolonial Africa.]
http://www.americanthinker.com/2009/06/obama_the_african_colonial.html
Monkey Wrench commented:
#23
I don’t know that much about Mother Teresa or Mao. But I was alive during Clinton and Reagan presidencies and times were good. Reagan helped bring down the Soviet Union and turned the economy around. Clinton also turned the economy around and actually started paying off the national debt. Both had to deal with a Congress of the opposite party, but we’re able to cut the right deals (unlike Obama). Both were smart, optimistic and inspiring. What’s so perplexing?
Mad Hatter commented:
#24 November 8, 2012 at 7:12 pm
Monkey Wrench commented:
Of course it does. Europe is in the crapper and they are one of our biggest trading partners. If they aren’t buying our goods and services, it negatively affects our economy. The unemployment rate was up to 10% not that long ago. Not sure what the U-6 rate was then. We didn’t go into a deppression, the recession is over.
———————————————————————————————————
The recession is over? Tell that to the 22 million Americans that can’t find work.
#24 November 8, 2012 at 7:12 pm
Monkey Wrench commented:
I’d like to see some major infrastructure projects to put people to work. Money is so cheap right now, why not borrow at these ridiculously low rates and use it to overhaul our infrastructure? But that needs to be passed by Congress and that’s not going to happen.
———————————————————————————————————–
There’s something called interest that is added to the debt. There is no more money left to spend, we can’t spend more than what we’re bringing in, only fools do that. Let me introduce you to the National Debt Clock, because of your above comments, you have obviously never seen this. It’s going “Forward” really fast.
http://www.usdebtclock.org/
shadow commented:
After being so wrong on the big stuff, it’s not surprising you fall back on nit-picking the small stuff. Does it really make you feel better?
bg commented:
++
m
ney??
November 7, 2012
Obama Administration Facing Massive Federal Lawsuit
[A lawsuit seeking the return of $43 trillion (with a “t”) and an audit o
all the TARP programs by an independent receiver has been filed against
senior members of the Obama Administration and the New York group
known as the “Banksters”.
[..]
The Plaintiffs have established the location of the $43 trillion
of laundered money in a criminal racketeering enterprise
participated in by the following individuals:
Eric Holder
Tony West
Kamala Harris
Jon Corzine
Robert Rubin
Timothy Geitner
Vikram Pandit
Valerie Jarrett
Anita Dunn
Robert Bauer
The lawsuit alleges that the Obama Administration actively borrowed
money from these “Banksters” to fund his political campaign in this
2012 Election and has not pursued any criminal charges against them.]
source
now you know why they need to bilk US out of a roof over our heads,
clothes on our backs, and food the table as they live higher & higher
as Leninists should..:mad:
==
shadow commented:
Let me introduce you to the National Debt Clock,
Yeah, the Debt Clock. The one they shut down during the Clinton administration because it wasn’t programmed to run backwards, only to be reinstated after Bush took office.
Mad Hatter commented:
You’re right Shadow, Bush added $4 Trillion in eight years to our debt, and Obama has added $6 Trillion in four years.
Monkey Wrench commented:
#29
Of course you can spend more money than you are bringing in. Anyone who has ever bought a house has done that. Interest rates are insanely cheap right now. We need to overhaul our infrastructure soon. Why not do it now? Money is very, very, very cheap and there are lots of idle hands we can put to work now. Why would you want to wait and do it when interest rates are much higher and unemployment is low?
But ok, you don’t like my ideas. What do you want to do to get the economy improving at a faster pace? We can wait it out, which is basically what we are doing now, and things will eventually get better on their own.
Marsh626 commented:
I don’t get it. Isn’t the Left opposed to White Christian European colonialism…? Now they’re pretending to be proud of our early history?
Mad Hatter commented:
Cut spending 10% across the board on all Government spending. The Government has enough money to work with, they have to learn to work with what they have, and not burden the tax payers with more unnecessary taxes.
Lower the debt ceiling to 2004 levels, instead of raising it. The Politicians were sent to Washington to solve our financial problem, not make it worse.
Bring fourth a balance budget and stick to it. That’s called discipline. That should help strengthen the dollar, or at least start to strengthen it.
Cut taxes 10% on all companies, big, medium, or small.
Reduce payroll taxes by 20% on all companies, big, medium, or small.
The more money companies have, the more they can expand their payrolls, and increase opportunities for those who are unemployed.
If they don’t hire, they’ll use their money to upgrade equipment, pay down their bills, or put their money towards capital improvement.
Invite businesses from around the world to come and do business in the United States by offering them a tax incentive to bring their businesses here. The more plants they build, the more people they hire, the more of a tax incentive they’ll receive.
Just like how the stores promote, the more you spend, the more you save, but in reverse with businesses.
This doesn’t take into account all the secondary jobs and businesses that will be created around these businesses.
That would be a good start.
Monkey Wrench commented:
#36
A few comments. When you say cut spending 10% across the board, would you cut payments to Social Security beneficiaries? Medicare payments? The military? That’s where the money is. Cutting gov spending in an economic downturn would lead to a recession and possibly a depression. Ask Wall Street what they think about drastic cuts to military (gov) spending, which are fast approaching. It will put people out of work and hurt the economy.
It is not possible to lower the debt ceiling without defaulting on our obligations. That money has already been spent. If we don’t raise the debt ceiling, people and companies that have done business with us won’t get paid. That would be a crisis.
Why do you want a stronger dollar now? That just raises the price of US goods and hurts our exports and makes China’s goods much cheaper. You really think that is a good idea right now?
Cutting taxes could help some, but it will increase our debt.
Foreign companies and domestic companies need more than tax incentives to build new plants. They need customers. But that’s our problem. The American consumer, which drives 60-70% of our economy, is deep in debt and not spending. Why build or expand a business when consumers are saving and paying down their debt instead of spending? Businesses are not running at full capacity now. Why would they expand or add employees? It’s a chicken and egg issue. Business aren’t hiring because they don’t have enough customers. People aren’t spending because they don’t have jobs and are deep in debt.
Traditional macro economics calls for government to step in and spend in these situations. Build new roads to put idle people to work. Once people get back to work they start spending on clothes, restaurants, appliances…
Monkey Wrench commented:
#36
A few comments. When you say cut spending 10% across the board, would you cut payments to Social Security beneficiaries? Medicare payments? The military? That’s where the money is. Cutting gov spending in an economic downturn would lead to a recession and possibly a depression. Ask Wall Street what they think about drastic cuts to military (gov) spending, which are fast approaching. It will put people out of work and hurt the economy.
It is not possible to lower the debt ceiling without defaulting on our obligations. That money has already been spent. If we don’t raise the debt ceiling, people and companies that have done business with us won’t get paid. That would be a crisis.
Why do you want a stronger dollar now? That just raises the price of US goods and hurts our exports and makes China’s goods much cheaper. You really think that is a good idea right now?
Cutting taxes could help some, but it will increase our debt.
Monkey Wrench commented:
Foreign companies and domestic companies need more than tax incentives to build new plants. They need customers. But that’s our problem. The American consumer, which drives 60-70% of our economy, is deep in debt and not spending. Why build or expand a business when consumers are saving and paying down their debt instead of spending? Businesses are not running at full capacity now. Why would they expand or add employees? It’s a chicken and egg issue. Business aren’t hiring because they don’t have enough customers. People aren’t spending because they don’t have jobs and are deep in debt.
Traditional macro economics calls for government to step in and spend in these situations. Build new roads to put idle people to work. Once people get back to work they start spending on clothes, restaurants, appliances…
Monkey Wrench commented:
Sorry about double post. Not sure how that happened.
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