► Show Top 10 Hot Links

Posts Tagged ‘3rd World Economics’

« Older Entries

Obama says US has become lazy

by Phantom Ace ( 14 Comments › )
Filed under Barack Obama, Democratic Party, Economy, Headlines, Progressives, Socialism at November 13th, 2011 - 12:56 pm

Progressive policies has made America economically uncompetitive. The blame lies with both parties for this economic situation. Obama has the audacity to blame the American people for this situation. Even though he’s pushing policies that are hurting this nation’s economic competitiveness.

HONOLULU – President Obama said that the United States has gotten a “little bit lazy” when it comes to bringing in new businesses in to the states. He made the comments at a CEO summit as part of the APEC conference Saturday, when asked by Boeing CEO James McNerney about looking at the world from a Chinese perspective and what they might consider as impediments to investing.

Obama said it’s important to remember that the U.S. is still the largest receiver of foreign investment in the world and things like stability, openness and innovative free market culture are attractive. He also said there are a lot of things that make foreign investors see the U.S. as a great opportunity – like stability, openness, our innovative free market culture.

“But we’ve been a little bit lazy, I think, over the last couple of decades. We’ve kind of taken for granted — well, people will want to come here and we aren’t out there hungry, selling America and trying to attract new business into America, Obama said.

Obama, it’s politicians like you that has hurt us economically.

Tags: ,
Posted in Barack Obama, Democratic Party, Economy, Headlines, Progressives, Socialism | 14 Comments »

QE3 on the way!

by Phantom Ace ( 115 Comments › )
Filed under Economy, Misery Index, unemployment at July 13th, 2011 - 11:30 am

Despite the spectacular failure of QE2, which lowered living standards, Ben Bernanke is set for a sequel. In his address to Congress, he said that the Federal reserve is prepared to take extra stimulus steps. Ben is preparing to enact QE3!

Federal Reserve Chairman Ben Bernanke told Congress Wednesday that a new stimulus program is in the works that will entail additional asset purchases, the clearest indication yet that the central bank is contemplating another round of monetary easing.

[….]

“Once the temporary shocks that have been holding down economic activity pass, we expect to again see the effects of policy accommodation reflected in stronger economic activity and job creation,” he said

“However, given the range of uncertainties about the strength of the recovery and prospects for inflation over the medium term, the Federal Reserve remains prepared to respond should economic developments indicate that an adjustment in the stance of monetary policy would be appropriate.”

Read the rest: Fed May Launch New Round of Stimulus

This is 3rd World style economics. The problem with the US economy is our antiquated tax and regulatory structure, plus our debt accumulation. Ben Bernanke’s monetization of the debt has been a disaster for American’s living standards. Obama’s debt accumulation and Ben Bernanke’s money printing is nothing more than economic warfare on Americans.

On a side note, Ron Paul asked Ben Bernanke whether he thought Gold was money. The Fed chairman answered no. This is one of the most ignorant answers I have ever seen. Gold has been a currency since ancient times. Ben Bernanke clearly is economically ignorant. No wonder we are in trouble economically!

Tags: , ,
Posted in Economy, Misery Index, unemployment | 115 Comments »

Obama uses Kids to Demagogue Republicans

by Phantom Ace ( 14 Comments › )
Filed under Barack Obama, Democratic Party, Elections 2012, Fascism, Headlines, Liberal Fascism, Progressives, Republican Party, Socialism, Tranzis at June 29th, 2011 - 3:09 pm

Progressives throughout history love to use children to score political points. Whether it was Hitler, Stalin, Mao, Castro or Chavez, the Left loves to claim they’re for the Children. Taking a page out of his ideological soul-mates, Barack Hussein Obama at his press conference claimed Republicans are anti-Children. He said the debt ceiling debate is about corporate jets vs. children.

Kids versus corporate jets.

If President Obama’s news conference accomplished anything on Wednesday afternoon, it underscored, in striking tones, his strategy for winning the debt ceiling fight with Republicans: Make it a clash of classes.

  • Rich versus Poor.
  • Us versus Them.
  • Those who support children, food safety, medical research and, presumably, puppies and apple pie versus the rich fat cats who don’t.

In Obama’s world, Democrats are for kids and Republicans are for corporate jets. That is a sharp distinction that could help put the GOP on defensive, but it may not be enough to persuade Republicans to change their posture on the debt-ceiling talks.

Republicans have cast Obama as a tax-raiser and a Big-Government spender. This was his jujitsu move to turn their arguments against them. With a hint of disdain, Obama even dredged up the death of Osama bin Laden to score a political point.

“I’ve been doing Afghanistan, bin Laden and the Greek crisis,” Obama said, jabbing Congress for being out of session so much. “You stay here. Let’s get it done.”

This is 3rd World Liberation rhetoric. The GOP should say they are defending the Children by wanting to address the debt issues. Obama shouldn’t be allowed to get away with his demagoguery. He is on the side of people who fly private corporate jets.  Bring up his connections to George Soros and GE. The GOP needs to fight him and stop being nice.

Tags: , , ,
Posted in Barack Obama, Democratic Party, Elections 2012, Fascism, Headlines, Liberal Fascism, Progressives, Republican Party, Socialism, Tranzis | 14 Comments »

Americans losing faith in the economy

by Phantom Ace ( 2 Comments › )
Filed under Economy, Headlines, Progressives, Socialism, unemployment at June 4th, 2011 - 12:25 pm

Many Americans are coming to the conclusion that they may never again have a good economy. Even before the great recession Americans were having economic angst. Obama’s 3rd World style economic policies has made the situation even worse. The accumulation of debt is a burden around this economy and is stunting growth.

The mixed signals regarding the economy’s health are taking a toll.

Americans are growing increasingly doubtful about direction of the US economy, according to the latest survey from business-advisory firm AlixPartners.

In fact, an increasing number, some 61 percent, say they don’t expect to return to their respective pre-recession lifestyles until the spring of 2014, if ever.

What’s worse, a full 10 percent said they expect they will never return to pre-recession spending.

This is unacceptable. We are the United States of America, a nation built on wealth creation and innovation. Our citizens should have the opportunity to succeed and enrich themselves.We need the correct policies and not this State Capitalism model Obama is pushing.

Obama’s change is killing hope!

Tags: , , , ,
Posted in Economy, Headlines, Progressives, Socialism, unemployment | 2 Comments »

« Older Entries