Why the Obama Administration Will Implode In Weeks

[Teresa]

Why the Obama Administration Will Implode In Weeks
Kevin McCullough - FOXNews.com  - September 01, 2009


I was the first pundit to predict that Barack Obama would become president. Here's what I think we can expect from this administration in the next six to eight weeks.
Never has an administration had more political firepower at their disposal yet been set to so totally fail in the next six to eight weeks. It is nearly a foregone conclusion. It is nearly unavoidable. And it defies all logic given the sizable majority the administration has in both houses of Congress.
Since I was the first pundit to predict Obama's presidency (back in December 2006) it behooves me to tell you the course I believe the next few weeks will take. Just think, it was only a few months ago that the left looked unstoppable in bringing about their plan to radicalize, nationalize, and federalize America.

1. Health Care's Long and Painful Death

Barring the existing possibility that the Democrats cram a reform bill down the throats of actively protesting Americans through an ultra-partisan process that would shut out conservatives and Republicans from even being allowed to contribute to the discussion, health care reform is dead.

It actually died a good while back when the president decided to pivot and create a new issue that no one had been discussing--health insurance reform. The American people will want to know why we should spend $4 billion to cover everyone in America "efficiently," when we already do so with inefficiencies like people using the emergency room as their general practitioner for $2.5 billion.

Deep thinkers on the issue also want to know why the president hasn't entertained one item of tort reform-- protecting his friends, the trial lawyers-- yet is willing to claim that doctors are eager to lop off feet, tonsils, and other body parts just to make a buck.

2. Cap-and-Trade Will Be the Largest Tax Increase in American History

With the 2010 election cycle just around the corner, it won't be too long before the campaign ads are drafted. With cap-and-trade still sitting in legislative limbo (and the president's own adviser--Warren Buffet-- now opposing it openly in the media), with anti-tax Democrats, Republicans, and Independents coming to Washington on September 12, and with "Blue Dog" Democrats getting hammered by constituents during the August recess, the chance of an ultra-partisan "ram through" victory on the legislation would not be wise.

Cap-and-trade, if passed, will contribute to unemployment, Wall Street stop and starts, and ultimately reduced treasury revenues. It would serve as the single largest tax increase on the average American in all of American history.

Even President Obama admitted as much, predicting that electric bill prices, in his words, would, "skyrocket." Those that have looked at the specifics tell us that the average utility bill in America will go from $167 to $307 per month, per family.

3. Unemployment Will Remain

By now several Washington organizations, from left and right, and one of note consisting of both--the Congressional Budget Office, predict that unemployment will not shrink from the predicted "Obama high" of eight percent. Instead, nearly without fail, economists are predicting that unemployment will be at or over 10% for up to the next 24 months.-- That is a nearly 250% increase in the unemployment rate under Bush for nearly the duration of his two-term presidency. We did not see the unemployment climb this high during President Bush's entire two-term presidency.

If more people were working, higher taxes and possible new health care entitlements could be considered, but with at least ten percent of the population out of work, it is political suicide for Democrats to even think of it.


4. Obama's Integrity Has Been Tarnished in August

Not a great deal has been made of the whoppers that the president has been spewing while Congress has been away during the summer recess but it turns out that more people than I realized have also noticed the president wildly "exaggerating" in his talks on health care. For instance, the president confused the $500 physicians actually get to amputate a foot as opposed to the $50,000 that he claimed they got. He also showed an utter disregard for the reputation of those doctors he talks about, the "facts" he uses to make his argument, and is highly overly optimistic about the results of his policies. Long story short, at the beginning of the summer Americans mostly trusted him, his passion index was at +10, he heads into the fall at -14.


5. A $3 Trillion Dollar Budget

There was lots of new spending for this and it sure added up. And that brings me to number 6.


6. A Coming Middle Class Tax Hike

The Obama administration will hem and haw about hiking taxes. -- There will be an official, and arrogant, explanation given by Robert Gibbs from the podium in the White House briefing room about why they must to do this to be "good stewards" and to be a "responsible administration" that "pays as it goes."

But the truth is, in order to pay for everything the Obama administration has promised (and budgeted for), a tax hike is looming for small businesses and the working families that President Obama promised would never come.

And as an aside, the president was going to break that promise all along. Because the minute the Bush tax relief measures run out in 2010, middle class taxes would be going up in the Obama administration. That means that, fundamentally, that Obama's "not a single dime" pledge on the campaign trail was just hot air from start to finish.

Of course, the president, the Democrats, the left, and Congressional leadership could surprise me. They could show up in September and endorse the Coburn health care bill in the Senate and steal all the credit for it. They could show up next week and fight with all their might to not allow the tax rates to skyrocket in 2010. They could decide to scrap cap-and-trade and re-think the use of public money for a true job-based economic stimulus.
But I'm not holding my breath, and I'd advise you against it as well.
They've awakened the American worker, the American small-business owner, and the American voter.

All three of which are now wondering aloud, "What on earth have we done?"

[Warph]

Great post, Teresa!!!! The undercurrent of the Obama administration has always been the elimination of personal wealth.  It was by design that the economy collapsed.  I have said before the "mortgage crisis" has at its root the IndyMac letter released by Sen Chuck Schumer -D-NY, an Über liberal socialist/Marxist who, like Obama, never had a real job but went straight into politics. "Community Organizer" is not a real job but a political spot in the democratic party and liberals can argue all they want but radicals like Bill Ayres, Bernardine Dohrn, Wade Rathke, Andy Stern, Van Jones, Carol Browner, Mark Lloyd,  Cass Sustein etc are all the people Obama aligns with and they all have something in common: Zero growth!  No growth of any kind!

From the Schumer letter that summer before the election came the revelations that Fannie and Freddie, a group protected by the democrats had in fact been a willing party to the deception.  With the IndyMac run on the bank caused by Schumer, the mortgage loans held by that bank became an issue, and the ripple effect was out of control!   This, I think was something the democrats hadn't calculated.  Their effort to undermine the trust in the system actually accelerated the collapse and threw the economy into a free fall.  But here we are, the bills written so far, "The Stimulus," "Cap & Trade" and "Health Care HB-3200" were written by the radicals for the democrat congress.  There is no denying it.  The entire wording all eminates from  Pelosi, Lloyd, Sustein, Holdren, Jones, Browner, Deeds, Angelidies etc; all well known "zero growers," one of whom was a major part of the California collapse (Phil Angelides).  Add to that Soros' bunch and his money and you have a government now seized by the most radical anti-American no growth, no prosperity and NO PERSONAL WEALTH bunch ever assembled under one roof since Lenin took Moscow!

This is why Obama's administration will fail!

The pain is by design, people!  The objective is to eliminate personal wealth, private property and create a socialist network of dependents all relying on BIG BROTHER for the crumbs that fall from the elites table.

[flintauqua]

Tracking Obama's promises

41 Promise Kept
11 Compromise
7 Promise Broken
12 Stalled
91 In the Works
354 No Action

PolitiFact will be tracking Barack Obama's promises during his presidency and will be rating the progress of each one.


http://politifact.com/truth-o-meter/promises/browse/

[Warph]

Tracking Obama's promises

41 Promise Kept
11 Compromise
7 Promise Broken
12 Stalled
91 In the Works
354 No Action

PolitiFact will be tracking Barack Obama's promises during his presidency and will be rating the progress of each one.


http://politifact.com/truth-o-meter/promises/browse/

I dunno, Charles... as liberal as the St. Pete Times is and it having a knack on picking losers, I'm afraid I, myself,  wouldn't put too much faith in what they have to say about Obama.  Everyone in the state of Florida knows the St. Pete Times and the Palm Beach Post are the two most liberal newspapers in the state.  For instance, the Times printed these headlines and stories:

The St. Petersburg Times endorsed Barack Obama over John McCain - "With enthusiasm, the Times recommends: Obama for president (Sunday Ed, October 26, 2008)    (They finally picked a winner which has turned out to be a loser)

The St. Petersburg Times endorsed John Kerry over George W. Bush - "John Kerry is better choice for President (October 17, 2004)

The St. Petersburg Times endorsed Bill McBride (D) over Jeb Bush - "The Times recommends Bill McBride for governor:  Bill McBride is as experienced and accomplished as any Floridian in providing progressive civic leadership..." (October 20, 2002)

The St. Petersburg Times endorsed Al Gore over George W. Bush - "Gore for president: Superior depth, experience and policy priorities make the vice president the best choice to carry forward the achievements of the past eight years...The Times recommends Vice President Al Gore for president....." (October 29, 2000)

The St. Petersburg Times endorsed Buddy McKay (D) over Jeb Bush - "MacKay for Governor: ...political candidates should be judged not just according to the quality of their campaigns but also according to the quality of their lives. By that measure, Buddy MacKay's qualifications are not just superior to Jeb Bush's; they are exemplary...(October 24, 1998)

...btw.... it also states that "The Pulitzer was awarded 2009 to the St. Petersburg Times for 'PolitiFact,' its fact-checking initiative during the 2008 presidential campaign that used probing reporters and the power of the Web to examine more than 750 political claims, separating rhetoric from truth to enlighten voters, etc. etc."   Horsefeathers.... most of the stuff the Pulitzer Board wrote about PolitiFact was liberal SPIN.  The Pulitzer is a "political prize" bestowed almost exclusively on writers, journalists and thinkers who cater to suitably liberal or left-wing points of view.  I followed the Times last year (as I did other newspapers) and I felt PolitiFact was full of contradictions and Obama was definitely their man.