Monday, September 12, 2011

Impeach Obama Now!

Can America survive 16 more months of Obama? If you track
Obama's first two years against FDR's first two years
(1933-1935), then you see many of the same policies. Both
had Democrat majorities in the House and the Senate. Both
passed legislation and wrote Executive Orders which were
illegal. Both filled cabinet and high-level jobs with
academics who had little if any real business experience.
The “progressive” policies put in place were anti-business
and forced millions of Americans onto unemployment and made
the still productive folks support them. At least both were
honest about “redistributing the wealth.” Both wanted the
“rich” to “pay their fair share” - and government would
determine what was “fair.” Median unemployment during
1933-1940 was over 17%. Current unemployment is 9.1%, and
no jobs were created in August. Keynes warned FDR that “even
wise and necessary reform may, in some respects, impede and
complicate recovery.” Compare these depressions with the one
in 1921 which lasted less than one year. The government –
and the Federal Reserve – took a hands-off approach.
Coolidge said “the business of America is business.”
FDR's U.S. Treasurer Morgenthau, represented the concerns
of American businessmen that the goals of the New Deal were
not clearly defined, and the consequential costs were
excessive. In May 1939 he stated “We are spending more
money than we have ever spent before, and it does not work.
After eight years we have just as much unemployment as when
we started, and an enormous debt to boot. “ Those who do not
remember the past are condemned to repeat it. Insanity has
been defined as trying the same thing [stimulus spending] and
expecting a different result [less unemployment]. With
Sarbanes-Oxley, Obamacare, Dodd-Frank, etc. businessmen are
unsure what their employee costs will be, and they are
reluctant to hire anyone.
Obama took an oath when he became President, but he lied.
He has refused to enforce U.S. Laws that he disagrees with –
Immigration, DOMA, etc. He is using the NLRB to keep jobs
from right-to-work states like SC. He has offended Israel.
He is guilty of high crimes and should be impeached – even if
the Senate will not try him. Unfortunately a majority of
voters get a check from him, and will vote to keep the checks
coming. Obama, Geithner and Bernake are intentionally
devaluing the dollar. This is currently a 3.6% (and
increasing) regressive tax. Usually the elderly get a COLA to
compensate for the loss. A weak dollar helps debtors [U.S.]
and makes our exports cheaper. Our credit rating has already
been lowered – and George Bush is no longer to blame after 3
years of Obama.

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