Americanly Yours

Promoting Free Markets, Free Trade, and Freedom!
Subscribe

President Obama’s First Year: Failure As Far As The Eye Can See

January 26, 2010 By: admin Category: Uncategorized

The phrase “you never get a second chance to make a first impression” works for Presidents too.  President Obama’s first year in office has been marked by failure after failure.  His only remarkable legislative success, last year’s “stimulus” bill is itself a failure.  But just how has the  first year of Mr. Obama’s Presidency been a failure?  Lets take a brief look:

Economy:

The economy continues to deteriorate under President Obama’s leadership. When President Obama pitched the “stimulus” bill to the skeptical American public, we were told that if this “crucial” bill was not passed soon (ie, before Congress had ample time to read the bill) then the economy would face devastating consequences.  This was of course a well calculated and bold faced LIE.  The fact of the matter is that the majority of the spending in the “urgent stimulus” bill were not going to be spent for over a year.  We were warned by the Administration that failure to pass the bill would cause unemployment to skyrocket and could cause it to reach as high as 9%, but passing the bill would keep unemployment from raising above 8% (see this chart put out by the Obama Administration to urge support for the “stimulus”).  So, we passed the bill and despite (or because of) this, the official unemployment rate surged past 9% and currently sits at 10%.  Of course, the 10% figure is a lie as well.  Previous administrations changed the way that the unemployment rate was measured in order to disguise how bad things really were.  This U-6 unemployment figure is still reported by the government, however, the government now uses U-3 as the official unemployment number.  While U-3 unemployment is 10%, U-6 unemployment is 17.3%.  This figure was 13.5% one year ago.  Simply put, things are bad.  But, government data collection is shady and should not be trusted as definitive.  Shadow Government Statistics, a private data collection/analysis website places unemployment at over 22%!

Ben Bernanke failed to see the impending collapse even shortly before the economy tanked.  While a candidate for President, Mr. Obama repeatedly criticized the economic policies of the Bush Administration.  By choosing to reappoint Ben Bernanke as Chairman of the Federal Reserve, President Obama was giving his tacit approval to the policies of the Bush Administration.

The administration has also increased the national debt to dangerous levels.  The US is now in serious risk of having its credit rating downgraded.  Any hopes of an economic recovery would be shattered if this were to happen.

Foreign Policy:

Candidate Obama repeatedly attacked the Bush Administration on three fronts: the economy, the wars, and foreign relations.  President Obama has failed to correct the errors of the Bush Administration on any of these areas.  As mentioned above, President Obama has continued the “stimulus” and bailout policies initiated by President Bush.  His reappointment of President Bush’s Federal Reserve Chairman Ben Bernanke confirms the fact that President Obama’s economic policies are not notably different than those of President Bush.

The second area where candidate Obama frequently attacked the Bush Administration was his handling of the wars in Iraq and Afghanistan.  Mr. Obama criticized President Bush’s Iraqi surge, falsely claiming that it was not a success.  If I were a candidate who ran on a platform of change and who repeatedly criticized the previous administration’s military policies, I surely would not have allowed the previous President’s Defense Secretary to continue serving.  Furthermore, if I had attacked the former President’s Iraqi surge strategy, I would not have employed a similar strategy in Afghanistan.  However, President Obama has done both of these things.  He kept Defense Secretary Robert Gates in his position, and he has sent an additional 68,000 troops to Afghanistan since taking office (many of those troops were sent in the weeks following the President’s claiming of the Nobel Peace Prize).

Candidate Obama promised to have all of the combat troops out of Iraq within 18 months after taking office.  That leaves him less than six months to remove over 100 thousand troops from Iraq.  Id put the chances of this happening right at zero.  More likely, President Obama will declare that the troops in Iraq are no longer combat troops (despite the fact that they will almost surely be engaging in combat).

President Obama missed a historic opportunity to improve relations with Cuba.  Since taking over, Raul Castro has introduced many positive reforms, introducing notions of private property, increasing wages for productive workers, and allowing Cubans to take advantage of certain technologies.  Raul Castro’s Cuba still has a very long way to go, but any movement in the right direction should be seen as positive.  Candidate Obama pledged to improve relations with Cuba.  Instead, President Obama has continued to support the same policies towards Cuba which have failed for the past 48 years.  Of course, this si just one example of this administration’s failed foreign policy.

Candidate Obama pledged to repair our strained relations with foreign nations.  President Obama has failed at this as well.  He has been publicly scolded by Russia’s Putin, Israel’s Netanyahu, France’s Sarkozy, and other allies.  In fact, I would argue that our foreign relations have not noticably improved with a single foreign nation since President Obama’s inauguration.

Agenda:

President Obama has almost completely failed in his efforts to push his agenda during his first year.

Remember, this President was the candidate who vigorously campaigned on a platform of “change.”  There have been few noticeable changes in the previous year.

With sizable majorities in Congress and a public eager for change, President Obama should have had a relatively easy time pushing through at least some major parts of his agenda.  The only major bill that President Obama was able to push through Congress during his first year in office was the “stimulus bill.”  This was a bill which was passed by using intimidation, threats, fuzzy math, erroneous estimates, and down right lies.  The “stimulus” bill was a costly mistake that did little if anything to stimulate the economy but will cost taxpayers around $1 trillion when the time comes to repay the costs of financing this bill.

Congressional Democrats pushed various health care reform bills for well over 6 months.  During this time, President Obama showed almost zero leadership on this issue, basically promising to sign any bill that came out of Congress.

Had President Obama taken a leadership role and urged Congress to pass a series of smaller health care reforms instead of trying to push a sweeping bill down the throats of an adamantly opposed American public, he could have signed several of these reforms months ago and moved onto other pressing issues.  Instead, Democrats wasted the better part of a year, alienated a large portion of American voters, and came up empty handed.  Democrats might now adopt the strategy of pushing through smaller, incremental reforms, although it could even be too late for that approach.

Opponents of government controlled health care can thank President Obama’s complete lack of management abilities for preventing the nationalization of health care that seemed to be a foregone conclusion several months ago.

The President’s inability to lead has also prevented the passing of cap and trade and several other government intrusions into the lives of individuals.  He has placed his coalition in danger time after time, and now seriously risks losing the House of Representatives in November.  Things also look increasingly likely that the Senate may be in play in November as well.  More ont his in a future article, but it is beginning to look very likely that Democrats will lose President Obama’s former Senate seat, Vice President Biden’s former Senate seat, Harry Reid’s Seat, and possibly Hillary Clinton’s seat.  This would have been unthinkable only one year ago, but then again so would a Republican winning Ted Kennedy’s former Senate seat.  President Obama has alienated Democratic voters to a degree that even the most optimistic Republican would have thought to be impossible a year ago.

President Obama should follow the lead of Domino’s Pizza: soak in and address the valid criticisms, revamp his “product,” and use his rhetorical skills to sell his new image to the public.  Failure to do so can only lead to a changing of the guard in the 2012 Presidential election.

Americanly Yours,

Phred Barnet

Please help me promote my site:

Share on Facebook

Become a fan on Facebook

Bookmark and Share

 

Post to Twitter Tweet This Post

Listen To My Interview On Fightin Words Podcast

August 26, 2009 By: admin Category: Uncategorized

I was recently interviewed by Walter Hudson for his the Fightin Words Podcast. I spoke with him mostly about the Audit the Fed bill, but we also touched on health care.  I hope this is the first of many interviews for me on the Audit the Fed bill.

Its a very interesting podcast and he hits on the health care debate from a different perspective than I usually do.  My interview starts at around 16:35.

Please check out Walter’s blog as well.

Americanly Yours,

Phred Barnet

Please help me promote my site:

Share on Facebook

Become a fan on Facebook

Bookmark and Share

 

Post to Twitter Tweet This Post

President Obama To Nominate Bernanke For 2nd Term… So Much For “Change!”

August 25, 2009 By: admin Category: Uncategorized

President Obama announced today that he will nominate Ben Bernanke to serve as Chairman of the Federal Reserve for a second term.  This is a huge mistake.

Ben Bernanke started as Chairman of the Federal Reserve on February 1, 2006–about two years before the economic crisis fully blossomed.  While his policies are not responsible for the onset of the crisis, they have done little to help the situation.  Chairman Bernanke has consistently been wrong about his assessments of the economy since he began his tenure:

I think that nominating Ben Bernanke for a second term is a careless move on President Obama’s part.  For one, the man ran on a platform of “change.”  He hit the Republicans and President Bush particulary hard on two main issues–the administrations handling of the war(s) and the administration’s handling on the economy.

And yet, in his first year of office, President Obama has continued to allow President Bush’s Secretary of Defense to serve, as well as allowing President Bush’s choice for Federal Reserve Chairman to stay on.  Selecting a new Federal Reserve Chairman would have been a great opportunity for the President to reinforce his message of “change.”  He could have dumped Chairman Bernanke and blamed President Bush for the economic crisis in the process.  By renominating Chairman Bernanke, President Obama has taken ownership of the economy, and tacitly accepted President Bush’s decisions with regard to the crisis.

This will be one of the moments that will come back and bite President Obama in the 2012 Presidential elections.

Americanly Yours,

Phred Barnet

Please help me promote my site:

Share on Facebook

Become a fan on Facebook

Bookmark and Share

 

Post to Twitter Tweet This Post

Talking Points For The Audit The Fed Bill (And List Of Senators To Target This Week)

August 02, 2009 By: admin Category: Uncategorized

I want to give those of you who have never called a Senator’s office some talking points for how to get your message across when you call.  My conversations seem to follow this pattern:

I usually say something like “hello, i am calling to find out if the Senator has decided to support Senate bill 604.”

There is usually a pause or they ask what bill that is.

I let them know that it is the bill to audit the federal reserve.

Then they usually tell me that the Senator hasnt released a statement on the bill yet, but that they’d be happy to pass along my opinions on the bill.

So I say something like “I think that Senator (XXXX) should absolutely support this bill. this bill is about transparency.  I think its a good thing for Americans to know where the trillions of dollars in bailout money has gone.

Then I reference how Democratic representative Alan Grayson asked Ben Bernanke which foreign central banks received $500 billion in money from the Federal Reserve and Ben Bernanke–the Chairman of the Federal Reserve did not know.  I tell them to check out one of the youtube clips of this testimony (http://www.youtube.com/watch?v=cJqM2tFOxLQ&NR=1).

I reiterate the point that this bill is about transparency, and then I remind them that the Federal Reserve is a private institution that controls our Nation’s money supply and that it has never been audited in its 95 year history and that the American people deserve to know what happening with our money.

Then i say something like “please let the Senator know that I would really appreciate it if he would support this bill, thank them and then get off the phone.  It usually takes about a minute and a half or less.  Easy stuff.

As I said on Friday, I started an effort to bombard Senators’ offices with phone calls to let them know about this bill.  Hundreds of calls are being made for this effort daily.  If you are on Facebook, please consider adopting the following statuses this week.  If you arent on Facebook, please get the word out about this bill and the effort to call these Senators any way that you can.

For those of you who havent read the bill, here it is.  The bill itself  is 335 words (337 if you count the words “a bill) and has no scary legalese to it..

Status for Monday, August 3rd:

S. 604 (The Audit the FED Bill) Now has the support of 21 Senators! Victory is within reach. Lets target 1 Democrat and 1 Republican today and bombard them with calls to get their support. Democrat: Jeff Bingaman (NM) (202) 224-5521. Republican: Jon Kyl (AZ) (202) 224-4521. It literally takes less than 2 minutes to call! PLEASE REPOST!!!

Status for Tuesday, August 4th:

S. 604 (The Audit the FED Bill) Now has the support of 21 Senators! Victory is within reach. Lets target 1 Democrat and 1 Republican today and bombard them with calls to get their support. Democrat: Herb Kohl (WI) (202) 224-5653. Republican: Lamar Alexander (TN) (202) 224-4944. It literally takes less than 2 minutes to call! PLEASE REPOST!!!

Status for Wednesday, August 5th:

S. 604 (The Audit the FED Bill) Now has the support of 21 Senators! Victory is within reach. Lets target 1 Democrat and 1 Republican today and bombard them with calls to get their support. Democrat: Daniel Akaka (HI) (202) 224-6361. Republican: Judd Gregg (NH) (202) 224-3324. It literally takes less than 2 minutes to call! PLEASE REPOST!!!

Status for Thursday, August 6th:

S. 604 (The Audit the FED Bill) Now has the support of 21 Senators! Victory is within reach. Lets target 1 Democrat and 1 Republican today and bombard them with calls to get their support. Democrat: Daniel Inouye (HI) (202) 224-3934. Republican: John Ensign (NV) (202) 224-6244. It literally takes less than 2 minutes to call! PLEASE REPOST!!!

Status for Friday, August 7th:

S. 604 (The Audit the FED Bill) Now has the support of 21 Senators! Victory is within reach. Lets target 1 Democrat and 1 Republican today and bombard them with calls to get their support. Democrat: Ron Wyden (OR) (202) 224-5244. Republican: John Thune (SD) (202) 224-2321. It literally takes less than 2 minutes to call! PLEASE REPOST!!!

If you can take two minutes out of your day every weekday and call these Senators about this bill, we can get it passed.  We are now 8 House members away from having a veto-proof majority in the House, with persistence we can get a majority in the Senate.

Americanly Yours,

Phred Barnet

Please help me promote my site:

Share on Facebook

Become a fan on Facebook

Bookmark and Share

Add to Technorati Favorites

 

Post to Twitter Tweet This Post

Bill To Audit The Federal Reserve Gaining Steam

July 29, 2009 By: admin Category: Uncategorized

I have written previously about a bill in Congress to audit the Federal Reserve.

There are currently 280 sponsors and cosponsors of this bill in the House of Representatives.  This is enough to pass the bill with a substantial majority and only 11 supporters short of a veto-proof majority!

Remember, this bill is about transparency.  It is about letting the American people know where trillions of their dollars went.  The Federal Reserve is a private corporation which controls our nation’s money supply and interest rates.  It has been around since 1913 and has never been audited.

On top of that, the Federal Reserve’s Chairman, Ben Bernanke, doesnt seem to know whats going on in his own shop.  When asked by Democratic Congressman Alan Grayson which foreign banks received over $500,000,000,000 [$500 billion], Bernanke DID NOT KNOW THE ANSWER.  Watch:

We have just started to step up efforts in the Senate.  There are currently 21 sponsors and cosponsors of this bill in the Senate.  On top on this, Senator (and former hall of fame pitcher) Jim Bunning has come out in support of this bill, but has not sponsored it as of today.

I have been leading a campaign to bombard two Senators each day (one Democrat and one Republican) with phone calls in support of this measure.  Hundreds of phone calls are being made daily.  This really is a grassroots effort.  Those who follow me on Facebook are probably well aware of this campaign.  Many of you have stepped up and adopted the status messages I have posted regarding this effort.

I urge those of you who havent been involved yet to get involved.  This is grassroots Democracy at its finest.  For those of you on Facebook, I urge you to spred the word about this effort to your friends.

I recommend adopting the following Facebook status messages for the rest of the week:

Status for today (7/29):

S. 604 (The Audit the FED Bill) Now has the support of 21 Senators! Victory is within reach. Lets target 1 Democrat and 1 Republican today and bombard them with calls to get their support. Democrat: Al Franken (MN) (202) 224-5641. Republican: Jeff Sessions (AL) (202) 224-4124. It literally takes less than 2 minutes to call! PLEASE REPOST!!!

Status for tomorrow (7/30):

S. 604 (The Audit the FED Bill) Now has the support of 21 Senators! Victory is within reach. Lets target 1 Democrat and 1 Republican today and bombard them with calls to get their support. Democrat: Mark Udall (CO) (202) 224-5941. Republican: Olympia Snowe (ME) (202) 224-5344. It literally takes less than 2 minutes to call! PLEASE REPOST!!!

Status for Friday (7/31):

S. 604 (The Audit the FED Bill) Now has the support of 21 Senators! Victory is within reach. Lets target 1 Democrat and 1 Republican today and bombard them with calls to get their support. Democrat: Joe Lieberman (CT) (202) 224-4041. Republican: Mitch McConnell (KY) (202) 224-2541. It literally takes less than 2 minutes to call! PLEASE REPOST!!!

And please be sure to make the phone calls.  You can call two Senators and express your feelings on this bill in less than two minutes.  Let them know that this bill is about transparency and that the American people have a right to know where their money is going.  Remind them that the Federal Reserve has been around since 1913 and has never been auditedHere a list of contact information for all US Senators.

Americanly Yours,

Phred Barnet

Please help me promote my site:

Share on Facebook

Become a fan on Facebook

Bookmark and Share

Add to Technorati Favorites

 

Post to Twitter Tweet This Post