Monday, January 2, 2012

Obama’s Lowlights (1/2/12)

LA School System – Since the LA school system went to healthy menus this past year, there has been a growing black market on school campuses for assorted junk foods. In fact, studies indicate students are eating more junk food than they did prior to the menu change. Imagine that, kids rebelling against the system.

Bo Obama – According to the Honolulu Star-Advisor the Obama’s pet dog, Bo, flew home from the family vacation on the taxpayers’ dime.

Mortgage Rates – The average 30 year mortgage hit a record low of 3.91%, which is a sign the housing market continues to struggle.

Obama’s Ego – In a 60 Minutes interview a few weeks ago, Obama proclaimed himself as the 4th best President in US history, behind only FDR, LBJ, and Lincoln.

Iraq – Within days of the U.S. withdrawal of ground troops in Iraq violence escalated and security deteriorated to pre surge levels.

Campaign Ad – Obama released a new campaign ad targeted at young adults and the message was for them to convert their much dumber (paraphrasing) parents to vote for him.

Kim Jong-Il – The United Nations held a tribute moment of silence for the rogue North Korean leader who passed away two weeks ago.

Department of Agriculture (USDA) - The Agriculture Department is reinstating several reports that it had targeted for elimination two months ago in a cost-cutting move. The department says that it will reinstate reports for industries such as catfish and trout, hops, fruits and vegetables, and bees and honey. While private sector businesses continue to make cuts, the federal government continues to find excuses to avoid making tough choices – case in point, the USDA.

Gambling - The Obama administration cleared the way for U.S. states to legalize internet poker and certain other online betting in a switch that may help them reap billions in tax revenue and spur web-based gambling. I personally do not have any problem with this since people are going to gamble and billions of dollars in revenues have been going to foreign nations.

Charity - The Charities and Aid Foundation's second annual “World Giving Index” found that despite economic turmoil, Americans help those in need more than any other country. In other news, the hacking movement known as "Anonymous" is taking responsibility for a Christmas inspired hacking scheme-- taking money from individuals' accounts and giving it away as donations.

Campaign Contributions – Obama has returned contributions made to his campaign by the embattled ex-governor of New Jersey and ex-CEO of MF Global - John Corzine.

Warren Buffet – According to AP “Berkshire Hathaway Inc. has completed the purchase of Berkshire chairman Warren Buffett's hometown newspaper, the Omaha World-Herald.” In fact, Buffet has been buying up a bunch of small town newspapers – After all, what better way to indoctrinate Americans than to control what they read.

Retail Sales – Holiday retail sales increased by 4% over 2010, which is a sign the ailing economy is slowly getting better.

My Book: Is America Dying? (Amazon.com, Barnes and Noble)

1 comment:

  1. Ranking the "lows", Pat, where would you put this the 52nd? I'm thinking that this is no higher than the high-40s.

    It's cheaper for us when the Obamas take a $4+ million vacation on out tab.

    ReplyDelete