Why Is President Obama Bankrupting America?

Why Is President Obama Bankrupting America?
 by: Delwyn Lounsbury

To President Obama bankrupting America fits into his plan to grow the size of government and thus make more people dependent on the state. Obama's first Chief of Staff was Rahm Emanuel (he resigned 10/1/2010). In addition to having an abrasive personality and a foul mouth, he will probably be remembered most for saying, "A crisis is a terrible thing to waste." A crisis gives a reason for existence and a savior mentality to all the bureaucrats, politicians, agencies, workers, organizations and probably even most lobbyists hanging around. A chance to, "Do things that they normally could not do," is what Rahm Emanuel later told a liberal audience at a speaking engagement. The deflation economy nosedive leading into the GREATER DEPRESSION is the crown jewel of a crisis. What a stroke of luck having control of both houses of Congress. Obama and the Democrats can pass whatever legislation they want. They pass laws with out even reading them or writing them for that matter. They vote for anything as long as it grows the size of government. This is socialism run amok.

The President Obama bankrupting us with socialist wealth redistributing mistakes, meddling and Marxism is criminal. But, that is his plan - to bring our country down so a one-world-government/new-world-order can take over. This smacks of fascism also. Fascism is when government totally controls everything - especially business and the military. Hitler and Mussolini were fascists. In fact, Hitler's government was called the NATIONAL SOCIALIST GERMAN WORKERS' PARTY.

A new book, Roots Of Obama's Rage, by Dinesh D'Souza maintains our president has an anticolonialist agenda attributable to his alcoholic African socialist father Barack Obama Senior. Barak Obama Junior's self-written autobiography is even titled DREAMS OF MY FATHER. So, don't even try and tell me different. Obama Sr. hated Britain and other nations of the West (U.S.) for invading, pillaging, looting and occupying the third world countries like his native country Kenya. Obama Jr. wants federal oversight of all aspects of American business and plans to tax them to the moon for ripping off the rest of the worlds resources. The dreams of Obama Sr. are fast becoming our nightmare.
Business has caught on to the fact that he is out to get them. Businesses are so uncertain and afraid that they have stopped expanding, hiring, borrowing, leasing, lending and buying. Obamanomics has cost taxpayers one trillion dollars plus in stimulus. Still unemployment is close to 10 percent. 41 million Americans are receiving food stamps. That figure is up a whopping 45 percent since Obama took office in 2008. What a great way to make the jobless GREATER DEPRESSION worse-increase the budget deficit with no end in site and put everone on the dole.

ObamaCare is a prime example. Government suddenly taking over one sixth of a free market economy. When has government involvement not made things more inefficient, more costly, with worse service and more red tape? Rationing will have to happen. Provisions of the 2,500 page act requires businesses to file a separate IRS code 1099 for each and every transaction over $600 and levy a 3.8 percent tax on house sales after 2012. More job killing rules, taxes and red tape. Look a the U.S. postal system or state DMV if you want to know what I mean. Now, the Obama administration is letting many groups like the teachers union opt-out of the system. Weren't they the ones paying for the ads in favor of nationalized heath care?

So, Obama Jr.'s mission, according to Dinesh D'Souza, is to get America to return it's ill gotten gains. Obama wants to raise taxes on the rich. He is forcing the big bad corporations back into line with mountains of federal over site regulations, reams of new laws, wealth redistribution and burdensome increased taxes. Unfortunately, Juniors anticolonialist thinking also means his lowering our standard of living, being sympathetic to muslim (freedom fighters), reducing nuclear defenses by 2/3, not blocking Irans nuclear ambitions, bowing to foreign dignitaries and anything else that will get America wraped up around the axle. He wants weaker U.S. economic vigor.