By Tim Brown
Freedom Outpost
July 25, 2013
Remember when Barack Obama told the American people that if he
couldn’t fix the economy (not like a president has that power anyway), that it would be a one term proposition?
Well, apparently he didn’t mean it. In fact, in a speech at Illinois’
Knox College, Obama blasted Republicans for his five years of a failing
economy, blaming it on “distractions, political posturing and phony
scandals.”
The speech is the “same old same” old from Obama. He talks about
roads and bridges that need repair, fighting those making too much money
and fighting poverty, all of which continue to exist. One of the points
he made really made me chuckle and that is how he continues to promote
the idea of “saving the auto industry.” In light of the recent admission
by the city of Detroit that they are bankrupt and the fact that General Motors is building plants in Mexico, after stiffing taxpayers for $10 billion, I just shook my head at the outright lies this man tells.
“Today, five years after the start of that Great Recession, America
has fought its way back. Together, we saved the auto industry, took on a
broken health care system, and invested in new American technologies to
reverse our addiction to foreign oil and double wind and solar power,”
Obama said. “Together, we put in place tough new rules on big banks, and
protections that cracked down on the worst practices of mortgage
lenders and credit card companies. We changed a tax code too skewed in
favor of the wealthiest at the expense of working families, locking in
tax cuts for 98% of Americans, and asking those at the top to pay a
little more.”
First and foremost the auto industry was not dying, just General
Motors. Ford didn’t have their hand out and neither did many auto
manufacturers. The real issue was Obama was out to pay his buddies back
for helping him get into office.
Second, the health care system is broken far more now than it was
when he took office. In fact, it’s so broken, that his administration is
pushing back certain aspects of his “not so” Affordable Care Act for an entire year.
It’s true he did change the tax code, in more ways than one. He,
along with Congress, did stick it to the American people for sure when
they did their little fiscal cliff deal earlier this year and Nancy Pelosi basically said that the Democrats aren’t done taxing Americans!
As for his investments, I mean, redistribution of wealth to wind and solar companies, we saw how that worked out.
Solyndra, anyone? That entire fiasco was more pay back and a complete
waste of American’s money,but what did David G. Frantz, Obama’s Acting
Executive Director of the Department of Energy Loan Program back in July
of 2012 say about those loans, including those to Solyndra? He said the Department of Energy’s loans were and “enormous success.”
Ultimately it led to thousands of jobs lost and literally billions of
dollars squandered, all at the expense of the American taxpayer.
We’ve got 50 million people on food stamps and 23 million people
unemployed. Our gas prices are averaging about $3.68 per gallon and yet
we keep getting stuck with the tab for Obama’s Keynesian economic
incompetence.
Ah, but that was just the warm up. Instead of taking blame for his
agenda’s failure, he turns to Republican and blames the economy on
“distractions, political posturing and phony scandals.”
“With an endless parade of distractions, political posturing and
phony scandals, Washington has taken its eye off the ball. And I am
here to say this needs to stop. Short-term thinking and stale debates
are not what this moment requires. Our focus must be on the basic
economic issues that the matter most to you – the people we represent,”
Obama said.
Hmmm. Well, let’s see. Was Operation Fast and Furious, which his Justice Department and ATF oversaw and which resulted in the deaths of 2 federal agents and hundreds of Mexicans, including a beauty queen and police chief phony? How about Benghazi and his administration knowingly engaging in lies to the American people about it and then knowingly did nothing to help Americans who were under attack from Muslim jihadists? Was that phony? Was it phony that Obama’s IRS targeted his political enemies? Was it phony that Obama’s NSA has been spying,
apparently unlawfully, on millions of Americans? Was it phony that his
Justice Department were sticking their noses where they didn’t belong
when it came to AP and other media reporters?
I didn’t even mention that a budget has yet to be passed under his administration and he has overseen four consecutive years of over $1 trillion in deficits, while claiming to cut deficits, plus an ever growing national debt. Obama is a big believer in taxing and spending your way to prosperity. The only problem is, it’s an illusion.
It’s true there are lots of distractions, but those aren’t among
them. Obama just sticks to the playbook and continues to blame everyone
and everything for his failures, but himself.
Here’s the entire speech, if you can stomach it.
Via: intellihub.com
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