OBAMA'S RETURN, SPITEFUL, CONTEMPTIBLE, PATHETIC
By Michael Wilson
Editors Note: I endorse all of Michael Wilson's criticism of former president Barack Obama's despicable performances and his totally dishonest, or ignorant, assertions about the successes, especially the economy, during his presidency. There is much more to be written about the 2007-8 meltdown of the economy, beginning in 1994-5 with President Clinton's and Robert Rubin's mandating subprime loans to unqualified home buyers. I will write that explanation as another blog post. I will also expand Michael Wilson's quite accurate assertion about unprecedented money pumped into the economy by The Federal Reserve during Obama's tenure. In addition I will define why Obama's and his economic team's economic policies were antithetical to capital formation and job creation. Obama's tenure was one of no success in domestic policies and abysmal in foreign affairs, N. Africa, Iran and Syria as prime examples but not the total. Please read Michael Wilson's commentary:
It was predictable. The pathetic, spiteful and contemptible Barack Obama has reemerged from under his rock to do as much damage as possible to the nation. This sorry creature, who I don't believe has ever in his life taken responsibility, much less blame, for his errors, poor policies and screw ups, while taking the credit for every beneficial action since WW1, has returned. Just as a chronic case of some noisome skin affliction or diarrhea, he is back with us.
His lack of even a minimal knowledge of history, international affairs and effective real world economics are the stuff of legend He may actually believe that our nation's fall from a position of power on the world stage created by his foolish policies, unenforced threats, ignored "red line" violations and violations of human rights and war crimes, exacerbated by his gutting of the American military, were not his fault. Yes, America, he is that ignorant and fanciful.
His claim that his policies, aimed at either the short term or long term decline of the United States' economy, got us out of the economic woes of the recession that began with the seating of the Democratically controlled 110th Congress in 2007 is specious at best. The Fed pumped $4.5 TRILLION.to prop the DP engineered house of cards, and scrupulously kept interest rates historically low during his tenure. He oversaw the slowest recovery in history, and laid the foundation for future failure with pointless and excessive regulations and needless expansion of the federal bureaucracy. For him to claim the credit for the explosion of the American economy, which really began when American businesses and the working classes of America learned in November, 2016 that not only was he gone, but that his disastrously failed policies would not be extended and expanded by the also horribly flawed Hillary Clinton. I'm not sure that this aspect of the Trump victory is discussed enough, so I mention it here.
His claim that his policies, aimed at either the short term or long term decline of the United States' economy, got us out of the economic woes of the recession that began with the seating of the Democratically controlled 110th Congress in 2007 is specious at best. The Fed pumped $4.5 TRILLION.to prop the DP engineered house of cards, and scrupulously kept interest rates historically low during his tenure. He oversaw the slowest recovery in history, and laid the foundation for future failure with pointless and excessive regulations and needless expansion of the federal bureaucracy. For him to claim the credit for the explosion of the American economy, which really began when American businesses and the working classes of America learned in November, 2016 that not only was he gone, but that his disastrously failed policies would not be extended and expanded by the also horribly flawed Hillary Clinton. I'm not sure that this aspect of the Trump victory is discussed enough, so I mention it here.
So, Obama, I will recall your own words to you, never more true and appropriate than in your case. "YOU DID NOT BUILD THIS." The ever resilient American people and the part of our capitalist system that survived the Obama tenure, strongly aided and abetted by the leadership, knowledge, skill and drive of one Donald J. Trump, did it. So please shut up. Give over your hopes for turning America "socialist workers' paradise" such as Venezuela, Cuba and Zimbabwe. Spare us further Alinsky style tactics and rhetoric. Just go away. There is a beach in Hawaii, or some failed socialist 3rd world nation calling you.
Comments
Post a Comment