Change? Obama Worse than Bush

The verdict is in, and Barack Obama did not produce the change he promised.  In fact, as he blames all his ills on the last 8 years, it is interesting to compare the Bush years to the Obama years.  Consider the following:

Average Annual Increase in Public Debt (in millions):

Bush: $543,818        Obama: $1,497,601

Total Increase in Public Debt (in millions):

Bush (8 years): $4,217,261   Obama (4 years): $5,990,407

Average Annual Unemployment (Also see here):

Bush: 5.26%                    Obama: 9.2%

Median Household Incomes:

January, 2009: $55,198       August, 2012: $50,678

The Average Annual Price of Gas (not even including 2012):

Bush: $2.14                     Obama: $2.89

Cost of Higher Education (adj. for inflation, not even including 2012):

Bush 2008: $16,661     Obama 2011: $18,497

But isn’t health insurance cheaper now with Obamacare?  No.  In 2012 the amount a family with employer provided coverage pays in annual premiums has increased to about $16,000.  For families with private individual plans, the amount is up to $5,615.  And before you ask why families don’t all just switch to private individual plans, remember that Obamacare taxes medium-large businesses up to $3,000 per employee that they don’t cover.

But we know Obama has handled the economy terribly.  The other thing people elected Obama for was to end the wars.  Obama promised to close Gitmo, which didn’t happen, and to end the war in Iraq.  He ended the war in Iraq by sticking to Bush’s timeline, but that wasn’t the whole story.  Obama intended to continue the war and leave troops in Iraq, but Biden could not negotiate simple immunity for our troops.  Don’t look now, but the Afghanistan war isn’t ending in 2014.  The administration is already negotiating to keep up to 25,000 troops in Afghanistan after 2014.

Let’s look at war by the numbers.

Involvement in Major Foreign Conflicts:

Bush: 2 countries           Obama: 3 countries

Military Spending as % of GDP:

Bush, 2008: 4.4%          Obama, 2011: 4.7%

Average Annual War Spending:

Bush: $99.3 Billion       Obama: $155.1 Billion

Obama boasts of ending the war in Iraq, but how is the peace President doing in Afghanistan?

Average Annual Troop Deaths:

Bush: 606                        Obama: 445

Iraq:  528                         66

Afghanistan: 78              379

But what about Bush’s handling of Katrina?  Surely Obama has done better than that, right?  Former NYC Mayor Guiliani says no.

What about taxes?  Obama boasts about cutting people’s taxes, but most of the tax hikes he passed don’t go into effect until next year.  Obamacare has 20 different tax hikes in it, and many of those affect the poor and the sick.

But Obama saved the auto industry, right?  Actually, the only Detroit major that survived was Ford.  Ford didn’t take Obama’s bailout.  Chrysler did, and is now owned by an Italian company called Fiat.  GM took Obama’s bailout and is now owned by the taxpayers.  This was after Obama spent billions to bailout the unions before letting the two companies go through bankruptcy.  If that’s Obama saving the auto industry, I hope he doesn’t do me any favors.

Add these factors to Benghazi, Fast and Furious, the Black Panther polling case, Solyndra, and the other various scandals and overreaches of the Obama administration, and there is no reason to re-elect Obama.  Except of course if you got an Obama phone and are afraid of losing it.

How Obama Could Still Win:

Several states in play are ties or tossups in the latest polls.  In some, Obama is leading by 3-5%, but 3-5% are either undecided or going third party.  Obama can still win, even with his horrible statistics, if people vote third party or stay home.

I know many out there are voting third party or not voting to protest Romney.  I, like you, am a very libertarian leaning constitutionalist.  I’d love to see us out of the Middle East.  I’d love to see government spending cut in half.  I’d love to see us hold to our 10th amendment.  But Mitt Romney is NOT Barack Obama.

If anything, Mitt Romney is far closer to Reagan.  Despite being hailed as a conservative hero, Reagan is not as conservative as I would have preferred.  In fact, many Ron Paul and Gary Johnson voters would probably not vote for Reagan either.  But Mitt Romney is not the candidate you should be protesting.  You should be protesting Barack Obama.

Consider your goals and which candidate will get us there:

Less involvement in the Middle East: Mitt Romney has a comprehensive energy plan that gets America using its own resources to lower our dependence on OPEC.  Obama spent billions of your tax dollars on green energy companies that went bankrupt, and we are no closer to independence from foreign oil.

Simpler, fairer tax system: Romney’s plan reduces rates in order to remove loopholes and deductions based on the government’s definition of what a good citizen looks like without raising taxes.  Obama’s plan is higher taxes, more redistribution and a more complex tax system designed to pick winners and losers.

Foreign wars: Obama has proven himself to be an interventionalist.  He is not the peace President people hoped for.  He hasn’t closed Gitmo.  He only left Iraq because he was too incompetent to negotiate a way to stay there.  But he is already negotiating to keep 25,000 troops in Afghanistan.  Romney’s approach is to show the kind of strength Reagan did.  What major war did we fight when Reagan was President?  The Cold War, where we sat across the ocean from each other and didn’t pull the trigger for eight years.  Finally, the Soviet Union collapsed under their economic system.

More personal freedom and responsibility: Nothing took us backwards further as a nation than Obamacare.  Obamacare mandates that every American buy private health insurance or pay a tax.  Obamacare takes deciding power away from doctors and patients and gives it to the government.  If you protest Romney, Obamacare is here to stay.  If you vote to protest Obama, we have a shot at repealing this monstrous tax on the sick and the poor.

Does My Vote Count?

If you are thinking of voting third party or not voting because Romney is not as conservative as you’d like, you could be part of the margin that gives Obama four more years to take us down the path towards socialism at hyperspeed.  So where does Romney need your vote the most:

Virginia, North Carolina, Ohio, Pennsylvania, New Hampshire, Florida, Nevada, Colorado, Indiana, Iowa, Wisconsin, Michigan, New Mexico, Arizona.

But believe it or not, he also needs you in Oregon, Minnesota, Connecticut, New Jersey, and Maine. If nothing else, vote to tell the liberals in your state that they do not have a mandate.  The country is changing and is leaning to the right.  You will never get the conservative, limited government you want if you let the country fall off the socialist cliff because the most conservative candidate who can win is not conservative enough for you.

When you walk into the voting booth, consider what you want America to look like in 2016.  Do you want to move forward the way Obama does?  Do you really want four more years of this?

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Obama Promises More Bailouts

Think Obama saved Chrysler and GM?  Look out, he wants to do the same thing for every American business.  In Colorado today, Obama touted the GM recovery and then said he wants to do the same thing for every industry.  Obama repeated the claim that GM is #1 again because of him.  Of course, that isn’t true anymore, but when did truth ever stop Obama?  Obama, who invested billions in taxpayer stimulus dollars on foreign countries, claimed that Romney didn’t have private sector experience.  He said instead that Romney had only invested in companies, some of which were pioneers of outsourcing.  Of course, Obama is referring to his previous campaign lie that Bain companies outsourced jobs while Romney was still there, a claim that has been debunked by The Washington Post and others.

government motors

Obama: Let’s do it again

So what was so great about what Obama did for GM?  Do we really want him doing that for every industry?  For example, do we really want him taking taxpayer dollars to buy stock in major corporations in every industry?  In order for the US to break even on the GM bailout, Obama would need to sell the government owned GM stock at $53 per shareIt is currently at about $20.  I don’t know about you, but if I had a choice I would fire Obama as my financial adviser.  In fact, Obama’s “success” with GM translates to GM’s market share being at a 90 year low.

Despite Obama throwing billions of taxpayer dollars at GM to produce what he calls a miraculous recovery, they still went into bankruptcy.  In fact, GM’s unavoidable bankruptcy may have had more to do with their survival than Obama’s foolhardy stock purchase with our tax dollars.  So what would the difference between Obama’s plan and Romney’s plan have been?  Billions of dollars in taxpayer money.

GM’s recovery has resulted in the loss of 1/3rd of their brands, 900 dealerships, 13 plants, and 22,500 jobs.  Obama wants to repeat this “success” with every other American industry.

Throw in the emerging retirement scandal where the administration stole 20,000 pensions in order to pay off union supporters, and GM is a perfect example of exactly what we DON’T want for every other industry in America.  In fact, all other things being equal, Obama’s promise to repeat the GM fiasco with every other industry in America is a perfect reason to make sure he never has the chance.

If you want Obama to take your tax dollars and invest them in stocks that you personally wouldn’t buy, then by all means re-elect him.  The too big to fail industries in corporate America could use the help.  Unfortunately, Obama’s only options for a bailout of every American industry are more China debt or higher taxes on every level of income.

At least he’s not promising to do what he did with Chrysler to every American Industry.

Obama’s Energy Ideology Failure

T.Boone Pickens commented today that the US is the “only country in the world that doesn’t have an energy plan.”  In an article discussing natural gas prices, he spoke about his support for the bi-partisan NAT GAS act which is making it’s way through Congress and will probably be vetoed by Obama.  But it seems that criticizing Obama is not a popular move among people who have a lot to lose.  So Boone Pickens was slow though to criticize Obama, saying that gas prices were not Obama’s fault but were instead the fault of limited global supply.

That would be kinda like saying “The Jets bad year wasn’t Rex Ryan’s fault.  They just had bad coaching last year.”

Boone Pickens got another thing wrong.  The US does have an energy policy.  It is Obama’s energy policy which is designed to increase the price of gas until the pain causes entrepreneurs like George Kaiser of Solyndra to invent new forms of energy and consumers like you and me to buy them.  He enacted this policy again on Thursday when he lobbied Democrat Senators to ensure that they killed the Keystone Pipeline again.  Driving up gas prices until we all stop using gas and save the planet is a noble idea, as long as stopping the specter of Global Warming is such an honorable goal that we are willing to sacrifice the poor on its altar.

Consider this: I have an older car that gets about 28-30 mpg.  I have already inflated my tires and it didn’t seem to make gas prices go down.  Obama may have labeled oil the “Fuel of the past”, but if I put wind, solar, or algae in my gas tank, my car will not run.  So my choices are to pay $3.75 a gallon for gas ($3.25 in states that have access to Canadian sands oil, like Colorado), or buy a brand new electric car or hybrid.  A Chevy Volt costs about $31,000, and I’m pretty sure I don’t get a discount even though taxpayers own a sizable portion of GM thanks to Obama’s bailouts.  I would have to take out a loan.

I’m doing OK.  It’s a good year for tax accountants since the code just keeps getting more and more complex and the IRS keeps getting worse and worse when it comes to customer service.  I’m not rich by any means, but I could afford the payments on a Volt.  But what about the single mother who has to work just to put food on her family’s table?  What about someone for who one Chevy Volt represents a year’s wages?  Chances are there are lots of people out there who can’t afford $3.75 a gallon gas, but also can’t afford a $31,000 Chevy Volt and are not those “qualified buyers” they always talk about in the commercials.

Obama’s energy policy is: “Sucks to be you. Pray someone invents a cheap alternative that you can afford, and quick”

Here is the real kicker with Obama’s failed energy policy:  The people who are in a position to invent and bring to market an alternative to oil are not the same people who experience a motivating level of pain when gas gets up to $3.75 a gallon.  Obama’s strategy of hiking gas prices until it hurts so much that we invent an alternative will destroy the poor long before it ever affects someone who could actually accomplish that.  Why do you think his tax subsidized green energy companies keep going bankrupt.

Boone Pickens and other energy moguls are not going to invest in natural gas, wind, solar, ethanol and other forms of energy because they can’t afford to fill their tanks.  They are going to do it to make a profit.  This means they are going to do it when Americans can afford it and it makes sense as an alternative to oil.  They are going to do it when Americans can afford to buy Volts, solar panels, and cars that run on algae.  What Obama doesn’t seem to grasp is that the very thing that will put Americans in a position to buy green energy is economic growth that can’t happen when people can’t afford to drive to their jobs.

Obama calls “Drill Here, Drill Now” a bumper sticker slogan, not an energy policy.  It’s sad when a bumper sticker is smarter than the President of the United States.

 

Romney Taking Heat Over Position on Auto-Bailout in Michigan

Throughout the media Mitt Romney has taken heat for his position on the auto-industry bailouts.  Voters are noticing, too, as recent polls show that Santorum has taken the lead in the state.  It comes at a particularly bad time as the Michigan primary is just weeks away.

Earlier this week, Mitt Romney penned an op-ed in the Detroit News criticizing the 2009 bailout of Detroit’s Big Three automakers.  In it, he stands by his position at the time of letting the companies go through a managed bankruptcy, which was eventually done by Obama, and touts his Michigan roots as the son of former American Motor Company and Michigan Governor George Romney.  Romney goes on to blast Obama, calling the bailout and subsequent caving to union demands “crony capitalism on a grand scale”. Continue reading

Why the Cain story is so big

Let’s be honest.  There really isn’t much to this Herman Cain story.  After a week of the media acting like Cain had raped a woman, had an affair with an intern or broken some federal laws or something, all we know is that he allegedly did something to someone a couple decades ago. In the grand scheme of things, the Cain story is the biggest non-story since we discovered that George W. Bush was a drunken AWOL airman because Dan Rather had a fake letter that said so.

The intensity with which the media has been following this story has consumed major media resources.  So let’s look at what the Cain non-affair story might be hiding.

– Administration scandals such as Fast and Furious and the Solyndra affair continue to get juicer as Congress subpoenas the administration for documents they have been slow about releasing

– Occupy Oakland protests show the true nature of the Wall Street Mob as protestors get violent and start destroying public property.  The movement is finally stooping to the level we have come to expect from liberal, leaderless mob protesters, especially union supported mobs.  Now the media is working hard to find OWS protesters who look enough like they are in charge of something who will disavow the violence.  Of course, poll that crowd and you are sure to get even responses either way.

– Speaking of union led protests, a story that has barely entered the Cain filled news cycle is yet another document shred drill at the ACORN offices in New York City.  ACORN is shredding documents and firing workers as fast as they can to cover up the extent of their involvement behind the scenes with the now Democrat bought and owned Occupy Wall Street movement.

– Wall Street meanwhile ended a winning streak on Friday after job growth came in lower than expected and downright anemic compared to what the economy needs to start making significant strides towards reaching reasonable employment levels.

– After taking millions in bonuses, Freddie Mac and Fannie Mae execs are reporting billions in losses and Freddie Mac is asking for $6 billion in new bailout funds.

– Obama’s jobs tax hike bill continues to face bi-partisan opposition, though he is choosing to blame it all on Republicans.  Meanwhile, Democrats are blocking Republican jobs provisions that don’t kill jobs at the same time by raising taxes.

– And perhaps the biggest scandal fresh on the scene and being ignored by major media outlets is the Jon Corzine fraud story.  Remember Bernie Madoff?  He was the guy who tricked investors into giving him money in a grand pyramid scheme which worked great until he ran out of money.  Corzine did it the legal way.  Corzine’s investment company, MF Global, found a legal loophole that allowed him, without investor knowledge, to take funds out of investor accounts as a “loan” to fund business operations.  When the investors went to get their money, they found it wasn’t there.

So how is what Corzine did legal, you might ask?  Simple.  Jon Corzine is a well connected Democrat, former senator and New Jersey governor.  He was a star at Goldman Sachs where many administration officials cut their teeth.  When Obama regulators considered eliminating the loophole that allowed Corzine to steal from his investors’ brokerage accounts to fund business operations, Corzine himself personally lobbied them (all his friends), into not regulating out that loophole or even requiring proper accounting for it.

Throughout the 2012 campaign, we will continue to hear the same mantra about how we need regulation to prevent what happened in the past from happening in the future.  In this case, we have another example of the hand in glove relationship between Democrat politicians, Democrat corporate CEOs and Democrat regulators.  And as usual, the media ignores it.  Why?

Because a conservative allegedly did something offensive to a female employee 20 years ago.  For all we know, he picked his nose while she was in the room.  No names, no specifics, just enough to inspire the tabloid writers we used to take seriously.

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