Thursday, October 27, 2011

Obama's Lowlights (10/27/11)

Joe Biden – Joe warned the American public if the Obama jobs bill is not passed there will be no protection from rapes and robberies. However, major crime has been down significantly since the recession started. When Biden was asked about the vile comments by Jason Mattera, Biden responded “Don’t screw with me!” Obama – In an interview with ABC’s Jake Tapper Obama said “All the decisions we’ve made have been the right ones”. Harry Reid – “The private sector jobs market is doing just fine”. 2012 Election – Democrats in swing states are already distancing themselves from Obama and his polices. During his bus tour through North Carolina and Virginia, North Carolina Governor Bev Purdue and Virginia Senate hopeful Tim Kaine snubbed Obama. Housing Market – Since February, the cost of homes over 1 million dollars has appreciated by 0.7% whereas home values under 1 million dollars has decreased by 1.5% - Reported by the Associated Press. Risky Investments – JP Morgan Chase, Citigroup, Bank of America, and Goldman Sachs have increased their holdings in mortgage backed security derivatives by 11% to 240 trillion dollars this past year. Yes, these are the same investments that led to the financial collapse in 2008. White House Website – The administration has launched a new website to petition new ideas or changes in government policy. The top two requests are to legalize marijuana and to improve communications with aliens. Maureen Dowd – “By any standard, Mormonism is more ridiculous than any other religion”. That is saying a lot, especially if Dowd and the New York Times considered the race baiting and conspiracy theorist church run by Jeremiah Wright. Debt – By the end of October the U.S. federal debt will officially pass our GDP. Dennis Cardoza – The 5 term Democratic congressman from California will not seek reelection in 2012. Cardoza is a self-proclaimed Blue Dog Democrat, and his retirement opens up another opportunity for a moderate Republican. Medical Marijuana – Workers in the medical marijuana business are looking into unionizing. Muammar Qaddafi – It cost the U.S. taxpayers 1.2 billion dollars to kill the genocidal leader. Time will tell if the Libyan coup will produce a democracy or another rogue Islamic government. Fisker – Two years ago the electric car startup company, Fisker, received 529 million in stimulus funding. The only problem is that the company has since moved it’s manufacturing facility to Finland - creating jobs for their economy. Economy – The “Misery Index” hit a 28 year high and the standard of living in the United States is falling at its highest rate in history. Wall Street Contributions - President Obama has managed to raise far more money this year from the financial and banking sector than Mitt Romney or any other Republican presidential candidate. My Book: Is America Dying? (, Barnes and Noble)

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