Nail on the head. You got that right. Glad you pointed this out.
 
Billy
 
---------------------------------------------------------------------------
 
 
10/18/2011 12:50:52 P.M. Pacific Daylight Time, [email protected] 
 writes:

Nice  analysis, except for this part:  



 
 
 
 
 
Ultimately, it is economic freedom, minimal government intervention, and  
greater individual liberty that can put America back on its feet, rather  
than endless bailouts, higher taxes and suffocating government regulation,  all 
hallmarks of the Obama experiment. Ultimately, the world needs a  powerful 
United States that is a beacon of hope to the world, rather than a  basket 
case of failed liberal  policies.






 
 
 
 
 
 
Last I checked, it was failed conservative policies that got us into this  
mess in the first place.  Yeah, yeah, I know in a perfect libertarian  free 
market bankers would never abuse the public trust by reckless investments  
or pay politicians to screw their competitors.  Tell it to Teddy  
Roosevelt... 


-- Ernie P.








On Oct 18, 2011, at 12:43 PM, [email protected]_ (mailto:[email protected])  
wrote:








 
 
 
 (http://blogs.telegraph.co.uk/news/author/nilegardiner/) London   
Telegraph 



 
Barack Obama’s disastrous first 1,000 days 

 
 
 
By _Nile Gardiner_ (http://blogs.telegraph.co.uk/news/author/nilegardiner/) 
 _World_ (http://blogs.telegraph.co.uk/news/category/world/)  Last updated: 
October 18th, 2011
 
If _recent polls  _ 
(http://www.rasmussenreports.com/public_content/politics/elections/election_2012/election_2012_presidential_election/generic_preside
ntial_ballot/election_2012_generic_presidential_ballot) are any indication, 
it is doubtful that President Obama will  enjoy another 1,000 days in the 
White House. And looking at his track record  over the course of his first 33 
months in office, it is not hard to see why.  It is hard to think of a 
presidency in modern times that has done more to  damage the United States both 
at home and abroad than the current one, with  the possible exception of 
Jimmy Carter’s. Like his Democratic predecessor in  the 1970’s, Barack Obama 
has left the world’s dominant superpower on its  knees, with faith in US 
leadership now being questioned across the  globe. 
Since taking office in January 2009, President Obama has ushered in a  
period of relentless economic decline for the United States. His  
administration 
has _added $4.2 trillion to  the national debt _ 
(http://blog.heritage.org/2011/10/17/morning-bell-1000-days-under-president-obama/)
 (now standing at 
$14.9 trillion), lost 2.2  million jobs, introduced a vastly expensive 
health-care albatross, and spent  nearly $800 billion on a failed stimulus 
package. At the same time, house  prices across the country have tumbled at an 
unprecedented rate, consumer  confidence has plummeted, and millions more 
Americans are now dependent upon  food stamps. International confidence in the 
US 
economy has fallen to its  lowest levels in decades, with credit agency 
Standard and Poor’s downgrading  of America’s AAA credit rating for the first 
time in 70 years in August this  year. As _I noted in a piece_ 
(http://blogs.telegraph.co.uk/news/nilegardiner/100099762/america’
s-debt-downgrade-is-a-damning-indictment-of-president-obama’s-big-government-disaster/)
  at the 
time: 
Since President Obama took office in January 2009, the United States  has 
embarked on the most ambitious failed experiment in Washington  meddling in 
US history. Huge increases in government spending, massive  federal bailouts, 
growing regulations on businesses, thinly veiled  protectionism, and the 
launch of a vastly expensive and deeply unpopular  health care reform plan, 
have all combined to instill fear and uncertainty  in the markets.
Is it any wonder that just 17 percent of Americans now believe the  country 
is moving in the right direction, _according to RealClear  Politics_ 
(http://www.realclearpolitics.com/epolls/other/direction_of_country-902.html) ? 
Or 
that 81 percent of Americans “are dissatisfied with  the way the country is 
being governed”, _according to  Gallup_ 
(http://www.gallup.com/poll/149678/Americans-Express-Historic-Negativity-Toward-Government.aspx?version=print)
 
? As a series of major Gallup polls have shown, public  disillusionment with 
the federal government has now reached an all-time  high, with _69 percent 
of Americans  _ 
(http://www.gallup.com/poll/149678/Americans-Express-Historic-Negativity-Toward-Government.aspx?version=print)
 now saying “they have 
little or no confidence in the legislative  branch of government”, with 46 
percent believing “the federal government has  become so large and powerful 
that 
it poses an immediate threat to the rights  and freedoms of ordinary 
citizens.” 
And President Obama’s record on the world stage has also been poor.  
Despite two high-profile successes in taking out al-Qaeda leaders Osama bin  
Laden 
and more recently Anwar al-Awlaki (both upon the foundations of  President 
Bush’s war on terror), US foreign policy under Obama has been a  confusing 
mess. The_ shameless appeasement of Iran_ 
(http://blogs.telegraph.co.uk/news/nilegardiner/100110550/barack-obama-looks-foolish-and-naive-in-the-wake-of-th
e-iran-terror-plot/)  has allowed the  rogue state to advance perilously 
close to nuclear weapons capability, while  the naïve “reset” approach 
towards Russia has only encouraged a more  aggressive and assertive Moscow. At 
the 
same time, traditional alliances  with _Great Britain_ 
(http://blogs.telegraph.co.uk/news/nilegardiner/100088961/barack-obama-top-ten-insults-against-br
itain-2011-edition/)  and_ Israel_ 
(http://blogs.telegraph.co.uk/news/nilegardiner/100036389/barack-obama’s-top-ten-insults-against-israel/)
  have been 
downgraded, and key allies in  eastern and central Europe _thrown under the 
bus_ 
(http://blogs.telegraph.co.uk/news/nilegardiner/100010237/barack-obama-surrenders-to-russia-on-missile-defence/)
  to feed the Russian bear.  While 
America’s defences have grown weaker, China’s military might has grown  
significantly stronger, as have the offensive capabilities of hostile  regimes 
in both Asia and Latin America, including Hugo Chavez’s  Venezuela. 
As Barack Obama approaches the remaining 14 months of his presidency,  
there is a distinct air of US decline. It is of course a state of decline  that 
can be reversed with the right policies and leadership in place. There  is 
nothing inevitable about the demise of the United States, but its renewal  
must rest upon a dramatic reversal of the most Left-wing agenda of any  
American presidency since 1979. As Gallup’s polling has emphatically  
demonstrated, Americans are overwhelmingly rejecting the Big Government  agenda 
of the 
Obama presidency, which has spectacularly failed to create  jobs, generate 
wealth, and instill economic confidence. 
The biggest failure of this administration, and there have been many, has  
been its central belief that government knows best, and that the way to  
prosperity is to spend ever greater amounts of taxpayers’ money on the backs  
of hard-working Americans. As a result, the United States is a nation on a  
precipice, facing towering debts and the threat of a double dip recession at  
a time when 14 million Americans are already out of work. Ultimately, it is 
 economic freedom, minimal government intervention, and greater individual  
liberty that can put America back on its feet, rather than endless 
bailouts,  higher taxes and suffocating government regulation, all hallmarks of 
the  
Obama experiment. Ultimately, the world needs a powerful United States that 
 is a beacon of hope to the world, rather than a basket case of failed  
liberal policies.






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