Wednesday, June 23, 2010

Obama is Death to the American Economy

Obama's Economic Policies Stifle Growth
The chairman of the Business Roundtable, an association of top corporate executives that has been President Obama's closest ally in the business community, accused the president and Democratic lawmakers Tuesday of creating an "increasingly hostile environment for investment and job creation."

Ivan G. Seidenberg, chief executive of Verizon Communications, said that Democrats in Washington are pursuing tax increases, policy changes and regulatory actions that together threaten to dampen economic growth and "harm our ability . . . to grow private-sector jobs in the U.S." _WaPo
Obama's anti growth and anti-private sector bias was evident two years ago. But it's nice that a few people are beginning to notice.

The Next Big Economic Crisis is the Default of State Bonds

Fannie Mae and Freddie Mac are sucking up Stimulus Funds and destroying the mortgage system of the US

Americans are losing hope in the Messiah of hope and change

President Obama is an incompetent, inexperienced, clown of a child-in-man's-clothing. Only an idiot could have ever expected him to put the country on a sound economic footing.

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