And if the America Obama inherited was in great shape then you might have a point. But it was in collapse and on the verge of a Depression. The reality as observed from overseas is that America is in better shape than it was 2 years ago. At least it isnt getting WORSE! The Republicans block everything which is hardly a help.
And American corporate taxes are among the lowest in the western world. And that is part of the reason you have a mindboggling government debt. Your fuel prices ARE the lowest in the western world and much of your financial system has so few prudential controls that what happened was no surprise to anyone - expect republicans. Geoff Flight Managing Director -----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of Nicholas Geti Sent: Monday, 25 April 2011 2:25 PM To: ProFox Email List Subject: Re: [OT] Obama's America The dollar has declined 21% in the past two years. Oil prices are rising in direct proportion to the falling dollar. The OPEC adjusts the price to maintain parity. Nation's debt is 13 trillion dollars. Taking 100% of the earnings from all of the rich people would only cover about 15% of the deficit. We are at war in three Muslim countries. Nations around the world are laughing at us. China is pushing to replace the dollar as world exchange media. When the QE2 money printing game ends in two months, we will see a huge stock market collapse. Five top bankers who precipitated the mortgage collapse are czars in Obama's administration. The biggest banks in the mortgage crash are making huge profits and getting bigger by using the QE2 funds to buy failing banks rather than making loans. Banks took huge sums of free QE2 money and sold it back to the Treasury at 1 to 2 percent. By executive order (not even a Congressional vote) Obama gives a massive payoff amounting to billions to unions (http://www.cnsnews.com/node/65009) House prices still falling. Unemployment is not falling. Jobs that are opening up are not high paying jobs we enjoyed in the past. Taxes on corporations are so high they are leaving the country along with good jobs. Corporations should not be taxed at all. The budget agreement with the Republicans is a farce. It started at 100B, then 60B, then finally compromised at 35B which turns out to be 95% savings that were already in the works from programs that were ending any way. What a joke. 35B is only 1% of the amount actually needed to repair the budget. Obama will have to borrow 1.trillion by October to pay for all of this spending so far approved. These are just off the top of my head. With a little searching, I can come up with lots more. > 1 at 3:00 PM, lelandj <[email protected]> wrote: > >> Historians will be the judge of that, not partisan, political >> propagandist. LOL Personally I feel history will judge the Obama >> Presidency kindly; perhaps even reverently. >> >> Regards, >> >> LelandJ >> >> > >> > > > --- StripMime Report -- processed MIME parts --- > multipart/alternative > text/plain (text body -- kept) > text/html > --- > [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
