The Obama economy in a declining America-Wake up By Doc Vega

Source: http://open.salon.com/blog/doc_vega/2013/08/28/the_obama_economy_in_a_declining_america-wake_up

AUGUST 29, 2013

 

 

Aside from a traitorous US media that continually ignores the damage being done by the Obama administration and all those who still idolize the President, here are the gruesome facts about the economic state of America. The longer Americans go on ignoring these troubling signs the worse it’s going to get. Pay attention to the facts people or you won’t see that train wreck that is fast approaching.

Beginning with the 787 billion dollar bailout in 2009 that actually did not save the American people from the steepest recession in US history, it saved the banks and some of the biggest corporations, and that was not a trickle down patching of the hole in the dike as millions were forced to collect unemployment and food stamps. As the federal government nationalized 2/3 of the American auto industry, kept bankers who were guilty of causing the massive bubble which caused massive failure in investment markets, and billions that went to select broadcasting corporations to keep the media in the pocket of the US government, Americans themselves were not spared the suffering of an actual modern day Depression. With billions being funneled back into Democratic slush funds and causes a bleak future for this nation was ensured.

The following indicators give us an idea of the degree of hope and change already brought about un President Obama. Pay attention.

• Cost of gasoline when President Obama entered office $1.85 per gallon now it hovers around $3.53.


• During the Obama presidency 7 out of every 8 jobs created is part time employment.


• Number of full time workers today is 6 million down from the record set in 2007 during Bush.


• Number of American workers making less than $30, 000 a year is at 53%!


• 16.1 % of Americans are under real poverty


• Since Obama took office food stamp recipients have numbered 11,000 people per day!


• Under the Obama White House a fulltime minimum wage earner makes 40% than a his 1968 counterpart.


• In 4 years under the Obama administration unemployed US workers grew by 8,332,000!


• When President Obama took office avg. term of unemployment was 19.8 weeks it’s now 36.6 weeks!


• Under President Obama the middle class has lost household  expendable income.


• Home ownership at 67.5% in the US before Obama has shrunken to 65% a 18 year low in home ownership!


• Under the Obama White House the typical median household income has dropped by $4,000.00 for 4 years in a row!


• When Obama entered office food stamp recipients was at 32 million there are now 50 million Americans!


• Presently 1 million public school students are homeless under Obama up by 57% since 2007.


• Under the Obama administration health care insurance has risen 29% with the coming of Obamacare that figure will rise significantly as Affordable Health Care controls 1/6 of the US economy!


• Under Obama the number of Americans receiving money from the federal government has risen by 32%


• Under the Obama White House 100 million Americans are presently getting some form of Federal subsidy!


• When Obama entered office US debt to GDP was 70% today the current debt to GDP is 110%!


• In 2008 Federal Reserve holdings of US Treasury Bonds were 479.5 billion under Obama that figure is now 2 trillion dollars.


• Under the Obama Presidency the first 4 years the federal government accumulated more debt than the previous 42 elected administrations combined!


• With the expanded federal debt under President Obama it would take $50,521.00 of every US household for everyone to pitch in and pay their share! Feel like pitching in?

These appalling figures do not indicate the inevitable outcome based upon insurmountable socio-economic conditions where there were no options or alternatives! Federal government policy was responsible for every one of these unbelievable implications that should not only concern you. You should be scared for the future of this nation under this kind of irresponsible and disconnected leadership.     

Obama Disobeys the Law of the Land By Phyllis Schlafly

Source: http://townhall.com/columnists/phyllisschlafly/2013/10/08/obama-disobeys-the-law-of-the-land-n1718872/page/full

10/8/2013

The Democrats are chanting that Republicans must fully fund Obamacare because it is the law of the land, passed by Congress, signed by the president and upheld by the Supreme Court. Therefore, they say, it must be obeyed and can't be altered by Republicans who want to defund it.

That argument is both wrong and hypocritical. Any federal law can be changed, repealed, amended or defunded by our legislative branch of government, Congress.

The Republican House wants to deal with the controversial huge "continuing resolution" bill in separate pieces, giving the OK to worthwhile federal spending purposes while leaving others (like Obamacare) without funds. Obama refuses to negotiate and demands a "clean" (blank-check) bill; his position is all or nothing-at-all.

Actually, the Supreme Court decision did not give a "clean" upholding of Obamacare. The Court effectively rewrote the law by allowing states to opt out of Medicaid expansion, and other pieces of Obamacare are still being litigated in federal courts, such as the mandate that employer-required insurance must include objectionable abortifacient drugs.

Obama's hypocrisy about the issue of considering Obamacare in pieces is obvious from the many times he has unilaterally messed with other matters that are clearly the law of the land. He has frequently refused to enforce other laws of the land he doesn't like, and he pretends to legislate laws that Congress declined to pass.

Welfare reform is truly the law of the land; it was passed by Congress in 1996 and signed by President Clinton to "end welfare as we know it". But in violation of the law's explicit language, Obama unilaterally carved out (in effect, repealed) the "work" (or training for work) requirement for persons receiving Temporary Assistance for Needy Families (TANF).

Obama's use of waivers from various laws of the land is notorious. He has given waivers from the No Child Left Behind law of the land to more than half of the states.

Obama has even picked pieces out of Obamacare. He gave a one-year deferral of its insurance employer mandate to large employers, and he exempted Congress and government staff from the requirement on individuals to buy compulsory insurance or pay a significant penalty.

Obama's Secretary of Education, Arne Duncan, admits that a federal law of the land prohibits the federal government from interfering with or dictating public school curriculum. But Obama used carrot-and-stick tactics to bribe or threaten a majority of states to adopt Common Core, and Duncan pretends it is OK for the feds to require states to be aligned with federally approved Common Core standards and Common Core tests, which will effectively dictate school curriculum.

Obama has repeatedly taken away from other branches of government powers that are specifically granted in the U.S. Constitution.

The Constitution makes an undiluted grant of power to Congress "to regulate commerce with foreign nations." Obama is trying to coopt that power for himself by demanding that Congress pass "Fast Track," an enormous unconstitutional shift that would give Obama the authority to write our trade treaties in secret and then let Congress vote on them under rules that limit Congress's power to debate or amend them, all within in a short preset time period.

All these foreign trade treaties are encrusted with promises about how they will create U.S. jobs. Those are all lies; every single month since Congress accepted the Korea trade agreement in March 2012, our exports to Korea have declined, and the agreement has already cost us 40,000 U.S. jobs.

The Constitution gives the House of Representatives the power of the purse in the Origination Clause in Article I. But Obamacare's taxing and spending sections actually originated in the Senate, a maneuver not yet ruled on by the Supreme Court.

The Constitution starts with the powerful words, "All legislative powers" are vested in Congress, consisting of a Senate and House. Paying no attention to the Constitution, Obama has done his own legislating.

Congress declined to pass the Dream Act, but Obama is legislating it anyway through regulations. In defiance of the law of the land, Obama has allowed millions of aliens to stay and work illegally in the United States.

Congress declined to pass Cap and Trade, but Obama is legislating it anyway through regulations. His regulations are designed to bankrupt coal plants, skyrocket our electricity costs so we can't "keep our homes on 72 degrees," and spend our tax dollars to subsidize inefficient, costly solar and wind energy.

In April 2012, nine state Attorneys General issued a Memo listing 21 violations of law by the Obama administration, and now we have so many more examples. Obama is the one who doesn't obey the law of the land.