Posted by: rotenochsen | December 8, 2008

PERSONAL OBSERVATIONS ON OBAMA’S SATURDAY SPEECH

Saturday, December 06, 2008

OBAMA TALKS LIKE HE IS ROOSEVELT REBORN!





Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” —Ronald Reagan

During Saturdays Presidential -elect radio talk ( when did this become an accepted practice?)Obama made his pitch to the American public to accept his Socialist program as a way to get US out of the present recession. This was made with the urgency that Roosevelt used in 1930’s to the American public that was in the depths of the Great Depression, not a recession that this Country has endured many times without resorting to radical left measures!

“I am announcing a few key parts of my plan. First, we will launch a massive effort to make public buildings more energy-efficient. Our government now pays the highest energy bill in the world. We need to change that. We need to upgrade our federal buildings by replacing old heating systems and installing efficient light bulbs. That won’t just save you, the American taxpayer, billions of dollars each year. It will put people back to work.
Second, we will create millions of jobs by making the single largest new investment in our national infrastructure since the creation of the federal highway system in the 1950s.(sounds like the 1939s speech of Roosevelt) Well invest your precious tax dollars in new and smarter ways, and well set a simple rule – use it or lose it. If a state doesn’t act quickly to invest in roads and bridges in their communities, theyll lose the money.( If you do not do as I say I will take the money away)Third, my economic recovery plan will launch the most sweeping effort to modernize and upgrade school buildings that this country has ever seen.( how about improving the quality of educationa nd teachers?) We will repair broken schools, make them energy-efficient, and put new computers in our classrooms. Because to help our children compete in a 21st century economy, we need to send them to 21st century schools”.
As we renew our schools and highways, well also renew our information superhighway. It is unacceptable that the United States ranks 15th in the world in broadband adoption. Here, in the country that invented the Internet, every child should have the chance to get online, and they’ll get that chance when I’m President( and you can pay for it with you hard earned dollars in the form of taxes) – because that’s how we’ll strengthen Americas competitiveness in the world.
In addition to connecting our libraries and schools to the Internet, we must also ensure that our hospitals are connected to each other through the Internet. That is why the economic recovery plan Im proposing will help modernize our health care system – and that wont just save jobs, it will save lives. We will make sure that every doctors office and hospital in this country is using cutting edge technology and electronic medical records so that we can cut red tape, prevent medical mistakes,( this is absoutely absurd-we are humans and humans make mistakes) and help save billions of dollars each year.”

He continued, but you can get the point of his quasi fireside chat! He is asking the public to accept a program that will not create one dollar of income, but will spend billions of dollars on “make work projects” that will only increase the Federal deficit and devalue our dollar. It will also have to be paid for by the taxpayers!

Many people believe that Roosevelt stopped the Great Depression by instituting his “New Deal”, but really the great depression was an event that occurred in the fall of 1929, because during the 1920’s a boom was created that was driven by hundreds of poorly capitalized investment Trusts that borrowed money to invest in stocks.By September of 1929 it all began to unravel with stocks losing 1/4 of their value between October 28 and 29th! That would be the equivalent of stocks losing 2500base points in a two day period today!

World War two started the economic boom, because all manufacturing was running full blast to churn out war materials. However, the hangover Recession was to last until 1954.So you see we are not any where near the disaster that presented itself in the days of Hoover and Roosevelt, but Obama and his minions would like YOU to think we are so he can push through his socialist programs!

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