Obama Appears to Lie -and the Next Fed Chairman Lawrence Summers

  Summers is perfect to replace Bernake. Summers lies about what got us here, is obsessed with gov control and gov ownership, -and offers nothing to any conversation other than obama polices walk on water and Bush caused the whole thing. Which is directly in line with obama.
  Obama lies about the total collapse of the economy for the last 8 years. Positive gnp, unemployment around 5%, the best living conditions and opportunities ever in the US and the world, … is what you had for the Bush 8 years -in spite of 9-11, having to use tax money to build a Homeland Security, hurricanes, crude oil to 150, a RELENTLESS LYING LEFTIST MEDIA, … Only after obama was clearly going to be the prez in Aug of ’08 did the bottom fall out of the economy as investors determined an obsessed gov control/ownership liberal prez would be anti-American business. For the under 30: It is anti-American for a prez to be making gov bigger while killing free enterprise jobs.
As for the obama lie about the Bush de-regulation: Clinton signed the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation. In 1995 Clinton 
loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods. Bush= pushed early on for tighter controls over Fannie Mae and Freddie Mac, but he failed to move Congress.
 Obama never gave a damn about a quick economic recovery -as would have been possible with opening up drilling for American crude oil, research for the use of American resources like coal and natural gas. The only goal obama had was to get his payback, pork, and vote buying temporary tax credits into law. obama played the “fear of a depression” card to get his gov trillion dollar spending passed. The obama $Trillion spending and the obama budget is about gov control/ownership, lies on the environment of coal taxes suddenly creating a magic solar panel, lies on the elimination of the “secret ballot” to allow the unionization of Wal-Mart, … The incredible small amount in the $Trillion for infrastructure -was all gov infrastructure -Nothing to attack the real economic problem in America -which is losing 600,000 private enterprise jobs every month.
  The incredible lie about inheriting such a bad economy –when obama and gang doubled the
US budget DEFICIT in the first few weeks of his presidency; and most forecasts show a tripling of the budget deficit over a period of 6 years. The growing unsustainable budget deficit assures America will not be a world leader in 5 years. Foreign countries can come in and finish buying America
-because our private enterprise will be so close to bankruptcy -and the American dollar will be worthless.
  The American economy would have already righted itself if the obama peolsi summers reid schumer bunch had just stayed home. The fed work, the drop in gasoline prices, the drop in crude oil prices, break-thru discoveries by oil and gas companies has dropped natural gas prices down below $4/thousand cubic feet, … has kept the economy going. All of the gov control/ownership crap and spending coming out of
Washington
has only got in the way of free enterprise. The bottom line is the liberal media will continue hiding the lies; and convincing the American flock that big gov control/ownership is good for them.
  And if national health care is going to save everyone from high health care costs; then I have some ocean-front property near Bentonville I can sell you. No money ever went into the hands of gov control and came out worthy. We have already tried Fannie & Freddie with gov controls; and we got a housing meltdown. It was Wal-Mart that gave you $4 prescriptions; and lowered the prices for several other drugs –not big gov.
   The obama ego power obsession and gov control and ownership obsession –is like playing Russian roulette –except putting a round in all chambers, and then taking a shot at  your foot.
Not quite is bad as taking a shot at your head; -but will definitely hold back the kind of prosperous
America that we should be living in.

JayR

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