Friday, May 29, 2009

'You Ain't Seen Nothin' Yet!'

Those words have replaced 'I'm from the government and I'm here to help' as the scariest words in the English language. First, watch this:



Let's examine a few details...
  • 'the worst economic crisis since the Great Depression' --- that's an outright lie. The recession that began in 2008 is a mere tempest compared to the whirlwind of the Great Depression. No, 2008 is far closer to the recession of the early 1980's. He just neglects to mention that because Ronald Reagan refused to bailout private companies, and instead dropped taxes like a bad habit, prompting two decades of growth.
  • 'passed the larges economic recovery package in the history of the U.S.' --- while it's true that he passed an almost $800 billion stimulus package, it doesn't recover anything but Democrat power. It was passed with unethical tactics and behind closed doors -- the GOP was literally locked out of the room -- and 60% of it won't even take effect until 2011, after the recession is predicted to end on its own.
  • jobs, jobs, jobs --- saving or creating jobs? You mean like at Caterpillar, AIG, Chrysler, GM, Cessna, Bank of America, steel workers in Pennsylvania, Citi, or the entire rest of the country? Since Barack Obama and the Democrats passed the stimulus package, 16,000 jobs have been lost every day.
  • 'removed the ban on funding stem cell research' --- this is something that a majority of Americans didn't like, and was completely unnecessary from a scientific point of view.
  • 'expanding health insurance for children' --- and adults, including adults in families win annual income of $65,000-80,000.
  • 'children of undocumented workers' --- funny, they used to be called illegal immigrants, and rather than giving them free health care, we used to send them home when they were found.
  • 'brought together auto executives, labor unions, Democrats, Republicans' --- but they only listened to the labor unions and Democrats.
  • 'for the first time ever...a national fuel standard' --- you mean, something different than the CAFE standards that have been in place since the 1970s, right? No? Eh, forget about it...no one will hold him accountable for that little fib, either.
I think that when he says 'you ain't seen nothin' yet', he means that he's still got a lot of socialization still to do.

Now, how about some analysis:

Hot Air
I mention this because “you ain’t seen nothin’ yet” reminded me of one of Obama’s close economic advisers, Michigan Governor Jennifer Granholm, who said a couple of years ago, amid very similar economic conditions, that “in five years, you’re gonna be blown away!”

Lots of people were blown away… to other states. Before too long, the only places left to work in Michigan will be unemployment offices and moving companies.

Incidentally, I do agree with Granholm on one issue. In an article that appeared yesterday at the Huffington Post, Granholm wrote that Michigan will “lead the green revolution.” I don’t doubt it. Is there any cleaner state than one where all the people and businesses have moved out?

Also:
Obama vows: I have not yet begun to destroy the economy
Heritage
Near the end of his Beverly Hills remarks to the Hollywood elite, Obama promised, “Los Angeles, you ain’t seen nothing yet.” Unfortunately President Obama may be right again. His upcoming agenda includes a trillion dollar energy tax, the stealth nationalization of the health care industry, and an economy killing rewrite of our nation’s labor laws.
Yes, President Obama is proud of his first few months in office! Here's a reminder of the stock market since Obama became the assumed next President:


I've heard more than one economist say that this little upturn is probably a 'bear market rally', which means it's a small rally in the midst of what will continue to be a down market. Cheery.

Also, here's a reminder of what Obama has done to our deficits:


And this is before the reports of major tax revenue shortfalls in April, further economic shrinkage, and arithmetic errors from the Obama administration. But the brag-worthy accomplishments don't stop there!

Also in the news recently are reports that the housing market is worse than it actually appears, and that foreclosures are at the highest rates in decades. After all this, what is Obama's big-grin icing on the cake?

'You ain't seen nothin' yet'.

Rush Limbaugh talked about this on his radio program yesterday:


I often accuse Obama of lying, deceiving, or hypocrisy. This time, I actually believe him. And, like Limbaugh, that's what frightens me the most.

There's my two cents.


Related Reading
Obama's War On The American Dream

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