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obamafree1In a speech at a fundraiser in Beverly Hills last night, President Obama emphatically affirmed his policies and approach telling the friendly and exuberant audience that we have stepped back from the brink referring to the economy.  Seeming to believe that the news is better, Obama rallied the crowd by saying “you ain’t seen nothing yet.”

So, Obama is starting to claim some measure of success.  He says that things are calmer now.  The only thing that is calmer is the main stream media because they don’t have a heart attack anymore over every poor economic number because they can’t continue blaming Bush for it.  How can Obama claim success?  Consider:

                • - Unemployment Rate is at a 25 year high
                  - More Americans are collecting unemployment than ever.
                  - One out 7 mortgages in foreclosure.
                  - Thousands of Auto Dealerships being shut down.
                  - The Dollar is dropping (losing value) due to the skyrocketing increase of the money supply courtesy of the Bush-Obama “Bail Out Nation,”

Now, I ask:

1.    Where are the shovel-ready jobs?
2.    Where and how is the $800 billion stimulus being spent?
3.    Where is the $1 Trillion in supplemental spending being used to benefit America?
4.    What evidence is there that a single job has been created as a result of the stimulus bill?

When President Obama says “you ain’t seen nothing yet” it doesn’t give much hope for conservatives that we will be getting “limited government” as is prescribed in the US Constitution anytime soon.  It is just chilling to think what he does have in store for America.  We already know that he is pushing forward at breakneck speed on Universal Healthcare, Cap and Trade and Saving the Planet.  What else is in store for America?

However, I suggest that Obama hasn’t seen anything yet.  His policies will prove to be a disaster simply on the basis of a few simple indisputable facts:

1.    Increasing Taxes has never actually improved the economy.  When the average American sees virtually everything they buy or do go shooting higher in price, Obama will and must pay a heavy political price.

2.    Massive Spending Increases - regardless of the purpose or the intent, massive government spending, using solely borrowed money, robs the private economy of needed capital and crowds out private industry.
3.    Nationalization of major sections of our economy; the government now controls major chunks of the banking industry and automobile industry … soon the government will seek to finalize a plan that essentially boasts “Medicare for Everyone.”  There is no history that shows government control of anything, with the exception of our national defense, has proven to be an unmitigated failure.
4.    Obama claimed transparency in all areas of government, yet, there is no transparency and there is no “seat at the table” as was advertised.  Someone, probably not the mainstream media, will point this out and will get through to mainstream America.
And where are the Republicans?  Nowhere!  Where are the true conservatives who can propose and effectively communicate supply-side economics, economic and tax policy that is based on incentives and not on entitlement?  Where are the true constitutionalists that limit the power and control of government in subservience to the individual?

These are indeed difficult times.  The inevitable response (and it is inevitable), will come from the grass roots.  We have seen the tea parties.  We need to see more.  They need to be larger and louder.  We need to demand better.  We need to truly recognize what the Constitution stands for and it is ultimately up to the individual to reassert individual rights and responsibilities.  It is up to the individual to reassert himself and reverse the growth in government control of our lives.

So, tell me what you think.  What does the Constitution mean to you?  What do Obama’s policies mean to you?  Let’s air this stuff out.  It’s important!

Arthur Cooper

imagesAll of us that use our credit cards responsibly and reasonably are going to get our just due; we will be punished.  Let’s get used to it.  Out of control government has done it again … they are changing the rules and regulations on credit card companies in the name of protecting the public.  Sure, it all sounds good.  They are requiring better communication to consumers and that is always a good thing.

Here is the good stuff:

1.    Credit Card Companies can no longer retroactively increase rates on card holders UNLESS you are 60 days late on your payments.
2.    Teaser Rates must have duration of at least 1 year.
3.    Promotional rates must last at least 6 months.
4.    Payments for accounts with multiple categories (credit, cash advance, etc) will be automatically applied to the account with the highest percentage rate.
5.    Late Fees cannot be assessed unless the card holder gets the bill at least 3 weeks before the due date.
6.    No over-limit fees unless you agree to it before hand.  In other words, when you charge something that takes you over your limit, the charge will likely be denied, unless you have previously agreed to be charged a fee for that privilege.
7.    Minors (under 21) will need parental consent for credit card issuance.

Here is what is wrong:

1.    The credit card companies will respond to these imposed changes to counterbalance their reduced ability to protect their profit margins which allow them to employ their people and otherwise run their businesses.
2.    Interest Rates and fees will be increased as part of the counterbalance
3.    Credit cards will be revoked for those that cannot be carried by the credit card companies due to the rules.
4.    Credit limits will be imposed that will certainly include reduced credit limits.
5.    Credit cards will be less available especially for those with less than perfect credit scores.
6.    Credit will be less available.
7.    Bad for the individual and bad for the economy.

The Perspective

Remember to run away fast the next time government comes and tells you that they are here to help.  I have little doubt that those in government have better intentions.  However, few of them have ever run a business and / or understand how business or even capitalism even works.  In other words they just don’t know what they are doing.

Don’t forget what President Obama said he wants to do; specifically he said that he wants to get the flow of credit moving again.  Now reread and think about the above consequences of the actions.  I don’t think President Obama is lying.  I do think that he doesn’t understand or possibly believe in free market capitalism.  This is not the first or the last time this administration and this Congress will enact anti-capitalistic, anti-competitive measures in the false notion that they are protecting the public.

Government this year has acted to:

1.    Protect those facing foreclosure at the expense of those who pay their mortgages on time.
2.    Protect those with poor credit at the expense of those with good or excellent credit.
3.    Protect failing banks at the expense of well run banks.
4.    Protect failing auto manufacturers at the expense of performing manufacturers and all consumers.
5.    Make payments to those who never paid income taxes at the expense of those who pay income taxes.

These poor policies are grounded in the belief that capitalism is the problem.  However it is government that is the problem.  Capitalism is a natural process.  It involves risk, safety, fear and greed; all very human, very natural factors.  Over the generations, there is a natural swing between fear and greed, risk and safety.  Capitalism is a self-correcting process where fear is responded to by risk takers and greed is responded to by those who seek safety.  It’s a dynamic process that involves ebbs and flows, excesses and shortages; it is the natural process.

Government, in the name of help and protection for the common man, consistently gets it wrong by trying to control the individual and businesses (collections of individuals) because they know better how their citizens should behave and what they really need.  But what they don’t understand is that their attempts to control tend to distort the natural ebbs and flows of free market capitalism only to create new and often more challenging “unintended” issues.

Individuals need their natural rights and they need to act to reassert their natural rights in the face of an increasingly controlling government.

The credit card legislation is just another example of government losing its compass and its focus as opposed to what it really should be doing as stated in the Constitution.

Oh, one piece of good news.  This won’t take effect until 2010.

What do you think?  Should Government be more active or less active?  Should individuals be more active or less active?  Whose rights are being affected and how?  Comment on this.  Let’s have a discussion.
Arthur Cooper

24 May 2009

The Obama Card

Author: admin | Filed under: Economy, Government, Politics

diablo-dems-discuss-california-propositionsOn Tuesday, California voters sent a resounding and complete rejection of new and confiscatory taxes on a whole range of Propositions. Too bad all states couldn’t do the same thing through this process of voting on specific proposed increases in spending and taxes.  California has been a very “blue” state voting for liberal and democratic politicians, particularly over the past 15 years.  Tax increases on income, sales, property, etc were all defeated on Tuesday.  These were not squeaker votes; they were all landslides with 60%+ plurality.  So Hurray for California, hurray for limited government and hurray for the individual … FINALLY!

California has sent the strongest message yet that REAL PEOPLE, though they may still like the style of President Obama, when it comes down to our daily lives and the reality of bigger government, controlling government, the country is really CONSERVATIVE on the ground.

Have no doubt about this:  Obama, Reid, Pelosi and their ideology will be proven to be wrong, dangerous and detrimental to the country.  Many who voted for Obama thought he was bringing to us a new day of change.  However, it will become clearer and clearer, as the facts on the ground become evident, that raising taxes whether it is through income taxes, cap and trade, nationalizing health care, dictating to private industry and assuming more and more control of the individual are not in the interest of the country and the individual himself.

It was interesting and ironic that Governor Arnold Schwarzenegger wasn’t even in California on the day of decision by its citizens.  He was in Washington DC, with President Obama, taking accolades for policies, initiatives and actions that do nothing but seek to control our lives.  Specifically, Obama was praising the “governator” for California’s Auto Standards, environmental initiatives, etc.  This is what Obama seeks for the entire country, despite the fact that these kinds of standards, initiatives and plain command and control of everything that they can get their hands on, has created one of the greatest financial crises in history.  California is in deep deep trouble.  President Obama is following California’s lead.  All Americans are witness to this and are certainly beginning to see the cause and effect.  The fact is, those that have been successful in California are leaving the state in droves.  The same is also happening in all of the high tax states like New York, New Jersey, Michigan, etc.  States like Texas, Nevada, Florida are gaining new citizens as a result … they DON’T TAX INCOME and their property taxes are very low, at least by comparison.

While high tax states are the losers so will the United States be the loser as we drive CAPITAL, the lifeblood of free markets and commerce, away from our shores.  This is happening and will continue to happen as long as government continues to treat capital badly.  When you tax investment gains, corporate profits, etc, private capital seeks a better place.  The better places include Singapore, China et al that do not tax capital or corporate profits.  As capital leaves to other countries that welcome capital and just plain treat it better, each and every one of us will suffer.
However, the citizens in California have sent the first real message of rejection to policies that can only lead to failure and hardship.  This same state voted overwhelmingly for Obama just 6+ months ago.  What has changed?  One word … REALITY.  The same is destined to happen across the nation as the realities of what President Obama’s changes will mean to the lives of individuals.  When your utility bills whether it is oil, gas, electric, and hot water all skyrocket through Cap and Trade … all in the name of global warming … you will see what this all means to you.  This carbon-based tax will significantly increase the price everyone pays for everything from gasoline to food and anything that uses carbon-based energy sources in the manufacturing and distribution process.

Likewise, when you see your personal choices are limited or removed by the government in virtually every aspect of your lives including health care, automobile purchases, financial services including credit cards and loans, etc, you too will ultimately reject these assaults on your personal freedom and liberty.  Rather than change, you will come to realize that this is only the reemergence and acceleration of the long term trend of government to command and control over every aspect of your life in subservience to the state.

So, Hurray for California.  We, the People, need to take back our country and reassert our natural rights and severely limit the power, authority and control of government as was the vision and the genius of the framers of our Constitution.

Arthur Cooper

tyrannyalertWhat exactly do I mean by this title?  Am I saying that government agents are coming to American homes, one by one, seizing your prized possessions?  Am I saying that the government is taking away people’s homes? … Of course not.  Private Property represents all those life’s possessions we have earned, traded for, acquired or inherited throughout our lives.

However, take a close look at this list and tell me what you think is happening to our private property.

1.    Income Taxes - all those earning a living, above the poverty line, pay federal and state income taxes.  The rates generally range from 15% (a few pay 10%) to 35% depending on income level.  The top rate will rise to 40%+ with the expiration of the 2003 tax cuts in 2011.
2.    Payroll Taxes - another 6%+ of your income for the first 100+K of your income.  Payroll Taxes are supposed to go the Social Security Fund for you personally, but actually doesn’t.
3.    Medicare Taxes
4.    State Disability, Workmen’s Compensation and Unemployment Insurance Taxes collected by most states.
5.    Sales Taxes paid in most states.
6.    Property Taxes

Have I told anything you don’t already know?  Probably not or at least you haven’t looked at your gross income as your private property.  However, it surely is.  But none of these taxes existed 100 years ago.  We accept these taxes as part of the necessary truths we need to keep on going.  I am not proposing a ban on taxes as the government certainly needs funds from its citizens to provide for the defense and protection of the country and the states, to provide certain essential services to insure a free-flowing and increasingly efficient society.

However, since 1933, and now under great acceleration under the Obama Administration, the government has seized a huge new mantle of “rights” that government, not the individual, bestow on the individual; this is as if the individual doesn’t have his own set of natural rights and responsibilities without the oversight or interference by a controlling central government.

So, now we have a huge acceleration of the war on private property; in fact, I maintain that it is a direct war on the individual himself.

Consider these unfolding facts:

1.    Cap and Trade - if enacted, all carbon-based products, processes, manufacturing, et al will be strictly controlled through punitive tax policy.  This will trigger huge increases in the prices we all pay for everything we buy or use.  Few understand what this will mean and it will only be recognized when the individual sees their utility bills double or worse, food prices skyrocket, gasoline go shooting up.  Where will the money go … directly to the government.
2.   Universal Health Care - this is a multi-trillion dollar program dictated by a government seeking to further tax and ultimately control your life; under this socialized form of medicine, the individual is completely obliterated in favor of government control of exactly what health care will mean to you.  Choice of provider (doctor, hospital, therapist and therapy) will be taken from the individual and controlled by the government.  Statistics will be used instead of personal choice to justify and prescribe, what will be done, if it will be done, when it will be done and by whom it will be done.  Don’t let anyone tell you that the government will pay for it … the government never pays for it … you pay for it … just another part of your private property.
3.    New Taxes Forever - whether it is smoking, alcohol, sugar, fats, preservatives, travel, gasoline, investments and capital gains, your private property is under attack … relentlessly.  Even death carries a tax.
Why?  … why does the government, regardless of party to a greater or lesser degree, continually grab more and more of your private property?  Read “Liberty and Tyranny” by Mark Levin to get a very complete answer and insight.  However, it comes down to the willful determination of a central government to control and direct the lives of the individual.  Levin calls it the “statist” referring to the diminution of the individual and the absolute power of the state.  You can call this the death of the individual.  The government is seeking control of the banking system, insurance companies, the automobile industry, under the guise of protecting the public.  It is nothing like protecting the public however.  Freedom and free market capitalism is being wiped away.  The very essence of our Constitution is being trashed and ignored towards this inexorable drive to control our lives in every way possible.
What made this country great is the flow of immigrants coming to a new world to gain true freedom, to build a life for themselves, by themselves with equal opportunity to pursue life, liberty and happiness.  This country was born out of complete subservience to the individual and tight controls on the power of a central government; it was called Federalism and Reagen proposed a “new” Federalism 25 years ago to specifically reassert the principals and concepts of the US Constitution.

The statist is waging war on you and your private property.  It is up to the individual, one by one, to work together to oppose this assault on our personal freedoms, rights and responsibilities.

What do you think?

Arthur Cooper

21 May 2009

The War on Private Property

Author: admin | Filed under: Economy, Government, Politics

talkradioAs you realize, I am very concerned about the direction of our country.  The ever-growing power of the state reaching into our wallets, our bedrooms and who knows what else is diametrically opposed to virtually everything I ever learned about the US Constitution and what truly has made our country the greatest in the world.

There is no doubt that I agree with much of what is said on conservative talk shows like Limbaugh, Hannity and Mark Levin.  However, I am often deeply troubled at the tone or the style that the message is delivered in.  Sure, I am reminded by some that these gentlemen are also entertainers of sorts.  However, they are talking about very serious matters which are why I listen to them in the first place.  It’s also very important that the good debate, the honest debate be won by conservatives because it is only conservative ideas and policies that have brought great wealth, power and ideals to America.

So, for instance, when Sean Hannity plays the everyday attack dog by incessantly pointing out the same things … over and over again, it sours me because I feel it’s counterproductive to the good debate.  What good is it to show the slip-up of the oath of office that occurred on inauguration day?  Why resort to what the Keith Obermans, Dave Lettermans, Chris Matthews, et al did virtually every day of the Bush administration?  Why not take the higher road and just stick to principles?  Why is it still necessary for him to keep bringing up Ayres, Rev. Wright, etc?  How many times do you need to hear that to become convinced or have made your point?  Talking about the very same things on the radio and on TV for 200+ days prior to the election didn’t really change the result, did it? I don’t understand how it is that Hannity doesn’t seem to understand that you can’t expect to get different results by doing the same thing.  It seems to me that Hannity is actually part of the problem rather than breaking new ground in the hearts and minds of Americans.

Rush Limbaugh is the king of talk radio.  However controversial he may be, I have heard him speak about great things, great ideals and when he stays on message, he is as compelling a speaker as there is.  However, as with Hannity, Limbaugh uses inflammatory, provocative and derisive words to accentuate the negative when he speaks of the Liberal Left.  He also over-defended Bush, part of what I call the “Bush can do no wrong” crowd.  Surely, Limbaugh spoke of his disagreements with Bush but he did it with the respect and civility that we should all show all of our presidents including Obama and Bush.  He should do more of this with his ideological adversaries, regardless of how he or other conservatives are treated by the left.  Further, the name-calling; I won’t list them here because it bothers me so much.  Again, I make no excuses for the left as they are shameless in their derision of all things conservative, never more venomous than how they treated Bush.  However, using anything but their names is provocative and inflammatory; it just takes the low road which cheapens the real messages and lessons of conservatism.

Mark Levin just wrote a best-selling book, “Liberty and Tyranny,” which I just completed and I truly believe is a book that all Americans should read.  It is truly a primer to better understand the historic and constitutional significance of what is going on in our country now.  It is, as the tagline states, “A Conservative Manifesto.”  However, as with Mr. Limbaugh, on his radio broadcasts, Levin resorts to name-calling, angry diatribes and derisive pet names for those, particularly in government and the media that he disagrees with on the left.  It just cheapens his rich rich message and teachings.  He makes no excuses for this; he knows he’s doing it and he feels justified in doing it because he feels they deserve it.  I simply feel that they may deserve it but Mr. Levin would be so much more effective by sticking to his truly great understanding of the constitution and seek to teach what he knows to enrich everyone as he is so capable of doing.

These leading conservative talk show personalities have a great deal to offer.  They command strong followings and surely have the top ratings in their field.  It is hard to argue that they change anything as their success measured in all the numbers show that there should be no reason to change.  However, still, I suggest that they can still improve and be even more effective by lowering their voices some, sticking to their principles as they surely will, but also deliver a more polished and poised message, free of incessant repetition and name calling.  In this way, the message will not get lost or camouflaged; it will be clear and true.  The fact is that they will never lose an honest debate; I say let’s have the honest debate and not lower ourselves to the tactics of our ideological adversaries.

Arthur Cooper

obamaAbout 2 weeks ago, live from Washington DC, Barack Obama starred in what was called his 3rd prime time news conference.  All of the major networks covered it, something they never did for his predecessor, but have and will always do for their beloved new star of the media.

Let us not take anything away from President Obama.  He is extremely intelligent, charismatic, and communicates as well as any politician in my lifetime.

No, President Obama is not the focus of today’s “The Daily Cooper.”  This is about what Bernard Goldberg would call “The Continuing Slobbering Love Affair” of the Press and the mainstream media starring Barack Obama.

Consider what the Press did NOT ask the President in this press conference:

1.    The latest GDP figures were announced today showing a huge 6.1% contraction.  Over 650,000 new workers are filing unemployment claims each week.  More than 8 million American workers are now receiving unemployment benefits.  Yet not one of the 13 questions even came close to touching on this and asking the President questions such as:

a.    When will Americans start seeing tangible benefits of the stimulus plan now that we are 100 days into your administration?
b.    Can you please give us some examples of how the stimulus plan is working so far?
c.    What should Americans be using as a clear indication of the stimulus plan actually working for Americans?

2.    President Obama made mention in response to a question that he doesn’t wish to be in the Automobile Business or the Banking Business.  However, there was no follow up question that asked:

a.    Why then is the administration not making it clear to the banks that the government will be only so happy to have them repay their TARP funds?  If the government is not interested in control, or outright nationalization, that getting the TARP funds repaid back into the Treasury wouldn’t be welcomed and actively encouraged and applauded?
b.    Why don’t you allow for the normal course of free market capitalism and the bankruptcy laws to deal with these failing business models?  What benefit is there for the country and the economy for the government to actually own large amounts of shares, in some cases controlling shares, of public or private businesses?

3.    One of President Obama’s major campaign promises was to enact policies with the absolute goal of achieving energy independence.  No one asked any questions about this, such as:

a.    What has been happening so far, beyond the stimulus package, in actual action to produce more energy in America by Americans so far?
b.    How is it possible to achieve energy independence in the next 100 years without including an all-out effort to drill for oil, gas and coal, build dozens of nuclear power plants, and adopt The Pickens Plan?  So far, you have only endorsed wind and solar; why is that?
c.    What good will it do the earth if the US adopts all green technology measures you propose and China, India and Russia do nothing as they are doing now?

4.    Once again, President Obama, in his opening remarks touted the stimulus package and the tax cut for 95% of Americans.  The Press failed to ask some obvious questions:

a.    How can you state that you cut taxes on 95% of Americans when:

i.    A large percentage of Americans are not getting any tax cut but are rather getting a check because they aren’t paying federal income tax to begin with.
ii.    Regardless, you never mention that the carbon tax (cap and trade) will raise everyone’s costs dramatically for all forms of energy that we use every day; gasoline, electricity, heat and hot water, all products produced using energy.  These are new taxes that will be reflected in higher utility bills, gasoline and virtually everything we buy.  Further this new carbon tax will last in perpetuity where the so-called tax cuts are clearly not.  Why do you not call this a tax?

5.    The President reiterated that Health Care must be “solved” if we are to have any hope of long term prosperity.  However, not a single question was asked about this such as:

a.    How exactly will this work?
b.    How does spending trillions on a national health plan actually reduce medical costs?
c.    Why have you not also emphasized Social Security and Medicare reform as equally or more important as both of these massive entitlement programs are clearly underfunded and pose a huge burden for future generations?

No, these questions were not asked.  President Obama has quite a supporting cast of people posing as a Free Press.  I maintain that this is not a Free Press; it is a corrupt Press with an ideology and tenor that dare not challenge Mr. Obama as they have challenged, and even maligned previous Presidents.  Consider some of the questions that actually were asked:

1.    One question on Abortion.
2.    One question about, and I am not kidding, what has most enchanted him in the first 100 days.
3.    A good question on Pakistan.
4.    A question about Specter.
5.    A question on Chrysler and GM.
6.    Plus 8 more questions - nothing about the economy, energy independence, or health care or education.

The Barack Obama Show

President Obama made an opening statement and then took 13 questions and took about an hour; just like the last 2 press conferences.  He uses a teleprompter for his opening statements.  The reporters are pre-selected in order and there is no apparent opportunity for follow-up questions.  Sounds like a scripted program or TV show to me.

The President is professorial in his answers.  In other words, he is still campaigning, sometimes not answering the question, even if the listener can remember what the question was in the first place.  13 questions in an hour; do the math, its more than 5 minutes per answer.  You get the feeling that if he was asked what time it is, he would tell you how to build a watch.  It’s staged, controlled, and BORING!  Much worse is that the Press just sits there, takes it all in and just gives him a pass.  By the way, do you think the Press would have given President Bush a pass in a Press Conference on the New York skyline flyover incident or the Tea Party movement?

I am CEO of Optimum7, an Internet Marketing Company.  Our clients ask real questions and want real answers on a routine basis as they should.  Why can’t we get this from our President and “Free Press?”

The Press Conference should end with credits … director, producer, written by, etc, etc.  Maybe The President should get an Emmy.

Tell me what you think.  Your comments are always welcome.

Arthur Cooper

17 May 2009

It’s the Barack Obama Show!!!

Author: admin | Filed under: Economy, Government, Politics, Show Business, The Media

barack-obama2It’s been about 120 days since President Obama was sworn in as our 44th President.  To me, it feels like years.  Rarely a day passes where I don’t see the President, Treasury Secretary Geithner or another cabinet member speaking of, proposing or acting on radical changes that affects every citizen.  Consider the following blistering pace of policy and initiatives:

1.    Proposing and ultimately signing what is called a fiscal stimulus bill into law using borrowed money to provide very little in the way of fiscal stimulus.  The President repeats incessantly that 95% of all Americans will receive a tax cut.  If this were true it would indeed be a good measure.  However, what actually is happening is that 10’s of millions will receive, this year and next, a check of several hundred dollars, whether or not the individual citizen is actually paying income tax.  This is not fiscal stimulus that “we can believe in.”  There is no decrease in actual tax rates that will last year after year.  There is precious little here to build anything, particularly infrastructure.  The final law, rather than stimulating the economy, is rather a huge political payoff to those in the traditional Democratic Party bloc i.e. big unions, including the teacher’s union which has done nothing in my lifetime to improve public education in this country.

2.    Taking the baton from the previous administration, Obama has continued and accelerated the nationalization of the banking system.  The government now owns and controls a large piece of the entire banking system.  This control is ominous at least as we are already seeing intervention, central control and the dismantling of free market capitalism.  Rather than living with and dealing with the natural ebbs and flows (booms and recessions) of the free market, a proven and natural self-correcting system, the government is arresting control and clearly seeks to keep it.  Just look at the resistance to repaying the TARP by the likes of Goldman Sachs, JP Morgan Chase, et al.  It’s like your mortgage company disallowing pre-payment of your home loan.

3.    The expansion of TARP to include other businesses and industries.  Another huge threat to free market capitalism and another major step towards control of the economy by a huge central government.

4.    A 4 trillion dollar budget; twice as much as last year with a projection of a 1.8 trillion dollar deficit this year.  The national debt is projected to balloon to over 20 trillion dollars within the next 10 years.  These numbers indicate the deep commitment to central control and command of what we once knew as the free market.  Rather than rational regulation, the numbers, the rhetoric and the actions repudiate capitalism, spreading the wealth in the name of “the greater public good.”  What this ultimately means? … The government now controls almost half of our national economy (45%).  By definition, we have withdrawn from a free market system if this stands for much longer.

5.    The signing into law of a huge supplemental spending bill that includes thousands of earmarks; directly in defiance of his campaign pledge to end earmarks.  Rather all spending (stimulus bill, budget and supplemental spending) are incalculable earmarks for special interest groups.

6.    The government takeover of Chrysler and General Motors.  We have a “car czar.”  Can you believe it?  We actually have a car czar to control and command the future decisions of 2 of the 3 major auto manufacturers in this country.  Further, and of great importance, is the bankruptcy package for Chrysler which will surely be repeated when the GM deal is done.  The bond holders of Chrysler, those free market capitalists that risked their capital, got the finger from President Obama by being put at the end of the line instead of the front of the line which is the way free market capitalists have sold bonds for the past 100+ years.  Instead, President Obama put the unions and the government first and gave the bond holders only 30 cents on every dollar they invested.  Moreover, Obama ridiculed the bond holders referring to them as speculators and blaming them for the failure of a settlement.  The bond holders are just exercising their right to seek a better deal through the bankruptcy court.  I wonder what the final result will be for the bond holders.

7.    Nationalization of Health Care.  The administration, Pelosi, Reid et al are moving swiftly to nationalize health care to control all aspects of health care; that is, how we will receive health care, who we will get it from, whether we will get it, from whom we will get it, etc.  The proposal claims that this is what has to be done to control health care costs.  However, this will cost the taxpayer over 2 trillion dollars, fully 17% of our national economy.  What they aren’t saying is what precious few realize … that everyone will be under the thumb of the government for health care.  We will be dictated to short and sweet.  Health care will be rationed so that you will not necessarily get the care that you need when and where you need it.  The government will use statistical analysis that will result in decisions based upon the likelihood of success of the medical procedure or treatment.  There will be no options to seek the best care for the individual based on individual analysis.  The individual will be subordinate to the state.  Yes, I am describing centrally controlled socialized medicine.  Where is the media on this?  Where is a truthful and strong investigative report that exposes what it is like to live in Great Britain and Canada and receive health care?

8.    The Carbon Tax.  This is something else that few in this country understand.  Those who received the paltry tax cut and / or a check from the government will see all of that go away many times over when they see the government cause you to pay more for almost everything you buy; gasoline, heating, electricity, food, cars, etc.  The reason:  Global Warming.  Global Warming is being used by the Obama administration to justify the so-called Cap and Trade which simply means that the government seeks to control the use of carbon and its derivatives in the name of saving the planet; never mind that man-made global warming is NOT a fait accompli AND never mind that China, Russia and India have no plans to do this.  Global Warming is being used to justify further command and control of our economy and our lives.

9.    Just this week, President Obama, showing no signs of slowing down, is laying the ground work for new taxes.  With no shame or reflection, he had the gall to tell an audience that the borrowing and spending is unsustainable.  Can you believe this?  He just spent the last 100+ days spending us into oblivion and now he says that it’s unsustainable.  It reminds me of giving your kids $100 and spending it inside of 30 minutes and coming back to daddy and asking for more only to realize that the money is spent and there isn’t any more.   Obama is starting to prepare us for new taxes as he surely shows no signs whatsoever of limiting spending.  He had more gall announcing a grand total of 17 billion in spending cuts … he made an announcement about this … its less than one tenth of one percent of our deficit!  He made an announcement!  I could do better with GEICO!

10.    At the same time that all of this is going on, NOT ONE WORD about Medicare and Social Security … why, you may ask?  These are government-controlled programs that control our lives; never mind that they are horribly run and waste valuable capital that can clearly be better used by the individual.

Ok, so we have a Democratic Socialist who is pushing his policies and beliefs.  But why all the hyperactivity … a generation of change in 4 months!  I suggest that President Obama is trying to do exactly what he said he was going to do; effect fundamental change in this country.  Further, he knows that his time is limited and he can’t afford to spread out all of his initiatives because he will never be more popular than he has been up to now.  He has taken his plurality in the election with Democratic Party domination in Congress and is acting under his perceived mandate to transform us into a socialized democracy which seeks to control our lives.  All of his policies and initiatives follow the playbook of socialism; the limitation and control of the individual by the state.

Arthur Cooper

16 May 2009

Our Hyperactive President

Author: admin | Filed under: Economy, Government, Politics