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Archive for February 25th, 2009

Comments on Obama’s Speech to Congress

Wednesday, February 25th, 2009

Obama addresses the causes of the recession/depression without really doing so because he makes no mention of how the Federal Reserve is the cause of the boom/bust cycle.

Obama says he will create jobs in the health, energy, and education sectors, but these are not jobs that produce anything of value to the rest of the world.  Our trade deficit is not going away with jobs like these.

Obama is proud of his stimulus bill that contains about 17 tons of pork.  He pushed and pushed to get it passed so no one would read it, then he waited about five days to sign the stupid thing.  This man is slick.

Obama thinks credit is the lifeblood of our economy.  Credit is what killed our economy.  We need capital!  Credit is not the same as capital!

Obama’s green agenda will be another hurdle for the economy to jump.  Thanks alot Obama!

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