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The Obama Two Step

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Take the recent budget negotiations, Obama called for $40 billion in budget cuts and the Republican's demanded $100 billion in cuts. As the clock ticks down, a basket as the buzzer sounds to avoid a government shutdown. The President has agreed to $38 billion in additional cuts so the Republicans asked for $100 billion and got $78 billion.

During the Presidential election campaign John McCain had called for 100,000 more troops for Afghanistan. Obama on the other hand said, 30,000 and then another 30,000 and then another 30,000 plus 60,000 contractors.

This is the Obama two step, during the GM bankruptcy Obama's car czars sided with GM and the Republicans and thousands lost their jobs. This on the heels of a Democratic controlled health care debate committee that wouldn't allow single payer a seat at the table. Then hocus pocus the public option disappeared as well.

The most stunning act of this Quisling was his principled bravado over the continuation of the Bush tax cuts only to retreat in the end claiming that he was forced to give in by Republican threats to cut unemployment benefits. A one trillion dollar giveaway to the wealthiest two percent and tonight the Quisling is going to insist that millions of America's poor and elderly pay for this give away.

Tonight the Quisling in chief springs the trap, he will reference his deficit reduction committee findings as a starting point but won't mention that their findings were never approved by the Congress. Doesn't matter, this is about perception management. The $64,000 question is where did all the money go? Some were only fiat paper profits that never really existed while much went into the criminal's pockets.

There is a dirty little secret, that with interest rates at historic lows it makes things difficult for bankers to earn profits. Wall Street is only so big but there is however a boom-town environment going on in China and southeast Asia. In China the Prime rate is 6.6 percent which means the bankers can earn huge profits. China is so large and is growing so fast but there just isn't enough money to lend. The boom-town won't last so what's a banker to do but to put the squeeze on their regular customers to pay back their debts faster.
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This is an economic war declared on the citizens of the western world by international banking and monetary funds. To superimpose the will of corporate bankers over the will of its citizens. To confuse and obfuscate the issues so that millions of American's believe Barack Obama is a left leaning socialist while millions of other Americans believe Barack Obama is their friend but when Barack Obama is your friend then you're all by yourself. The Quisling will speak tonight to you to inform you of what the bankers have decided for your future and that is the very definition of a Quisling.
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Someone who writes as well as you do should be ver... by GLloyd Rowsey on Thursday, Apr 14, 2011 at 2:56:41 PM