The yield on treasury bills dropped to their lowest yield on record after the Fed did its $600 Billion trick last week … much like what happened in Japan in the 90s … and Japan has still not recovered. The problems of decreasing internal demand for products and housing that is caused by negative population growth of 30 and 40 years ago cannot be cured with financial programs. Stock prices are increasing because bond yields, treasury yields, interest rates, are falling … not because of a better economy. What will happen to stock prices, pension funds, 401 K accounts, when interest rates increase again? Look at Japan and Europe as the examples. The Fed is causing even bigger problems for the future with its current manipulations. The only ones who win are on Wall Street … big donors to Obama in 2008.
Obama called on Republicans in his Saturday radio address to compromise, join his team, on implementing change … when it has been the Democrats who have not compromised or included the Republicans since 2007 when they took control of Congress. He said that America wants his agenda, and that people are just frustrated with the economy, but not his agenda.
Boehner says that Republicans were elected on Nov 2 to stop the Obama agenda, cut the size of government, cut spending, and repeal the “insurance” bill. He said that government is accountable to the voters and the voters were clear in their message. He encouraged Obama and Democrats to join the Republican effort to do the will of the voters.
Obama says that he wants to cut government spending but he also says that he does not want to cut taxes as much as Republicans because he needs the taxes to offset spending for his programs (huh?).
Note the size of the entourage going to India … the press coverage is incredible. Obama claims that he is going to India to open up new markets for American goods … goods that cost 3 times more to make in the USA than what they cost to make in Asia. The only goods that the USA makes that are not available at substantially cheaper prices in Asia are military weapons. So is Obama planning to help sell military weapons to Asia? Or does he plan on selling them a few of our surplus lawyers and defeated Democrats?
Keith Olbermann of MSNBC got caught using bias as a journalist … using his position to affect the outcome of elections. All of NBC is biased. NBC is owned by GE. Jeff Immelt, CEO of GE, visits the White House almost as much as George Soros. GE was the biggest corporate recipient of stimulus money.
The UN and George Soros are calling for increased global taxes. And Obama is in agreement with most of those proposed additional taxes.
Obama wants to eliminate some items from the healthcare “insurance” bill. He is using compromise with Republicans as the reason, but in reality, he does not want the courts to strike the whole thing down because of some potential Constitutional problems. So Obama is now willing to cut out some things that might make it vulnerable … like the fact that it is “mandatory” … and he does not want the House to push through a repeal that will force a showdown that will put more pressure on Democrats and himself for the 2012 elections.
AARP, the biggest proponent of the healthcare “insurance” bill, is raising its rates because of increased costs caused by the ‘insurance” bill. Kiplinger points out that all insurance companies are using the “insurance” bill as justification to raise rates. Soon insurance companies will use the bill as justification to cut benefits. Higher rates, more mandated customers, lower benefits … Insurance company profits will continue to soar. Insurance companies are the beneficiaries of the “insurance” legislation, not the American public. And insurance companies gave 3 times more money to Obama than they gave to McCain.
The 9th Federal Court is allowing foreign countries to enter briefs in the Arizona immigration case against the Arizona law to show how restraints on illegal immigration to the USA harm their countries. So while Americans do not have standing to question the citizenship of Obama, foreign countries have standing to criticize laws in the USA. What is wrong with these judges? What standing do foreign countries have in USA courts? What do those countries do with illegal immigrants who cross their borders?
The Democrat party had the largest amount of losses in the Federal and in the State elections since the losses of the Republican party in 1932. The Democrat losses in 2010 at the State level were even larger than the Republican losses in 1932.
The American people have rejected this corrupt government of Democrats and Barrack Hussein Obama.
So … will the Republican House ask for proof of Obama’s citizenship before the next election? Will it subpoena his college applications, his passports, and his long form birth certificate since the Democrat House did not do this job before the last election? The Democrat controlled House vetted McCain’s citizenship, but not Obama’s. So will this Republican controlled House vet Obama’s documents for the 2012 election?
The stage is set of the People vs. Obama. We are about to see how much the Republican party represents we the people in this fight to save our Constitution and America.
Michael Master is the author of “Save America Now!” It can be ordered at http://www.amazon.com/gp/product/1616235756
