Pages

Saturday, June 9, 2012

Economic Cover-up by Don Cox


President Obama had another press conference, where he again played the blame game, by accusing the GOP Congress for the economic problems of the United States. It is terrible that there hasn't been a democratic controlled Congress to compare with. Wait! There was for the first two years of your administration Mr. President. Thank goodness the Voice Behind the Curtain is here to refresh your memory. Let's start by looking at your campaign promises you made for jobs. In 2008, Obama promised to invest 150 billion dollars over the next ten years to create 5 million new jobs. Obama promised to cut the deficit in half by the end of his first term to 533 billion. Obama and his democratically controlled House and Senate had a free reign to bring about change in the first 2 years of his presidency and folks did they ever bring about change!


By October of 2011, the Obama administration had spent a total of $90 billion dollars in his jobs plan. Way ahead of his 10 year plan of spending however, far short of his promised 5 million jobs. When investigators are trying to catch a thief, they normally just follow the money trail. In following the President's money trail, the state of California got $93 million green energy dollars and produced a whopping 538 jobs. Wow! Executives at Johnson Control got $300 million green energy dollars and produced 150 jobs. The Federal employment and training administration received $500 million green energy dollars to train people for green energy jobs. By October of 2011, $162.8 million dollars were spent to train 53,000 workers. Out of the 53,000 workers trained, the government put 8,035 people to work. To date, out of the 8,035 people who found jobs only 1,033 people are still working. The Obama Administration spent $38.6 billion dollars on a loan guarantee programs that he promised would produce 65,000 jobs but, has created only 3,545 new jobs. The cost of green jobs are outrageous. The question next is what are green jobs?


Obama's Administration list the following as some of their recognized green energy jobs: Bus driver, oil lobbyists, garbage man, janitor in green energy plant, bicycle shop workers, used record store clerks. The list of failed green energy loans grow daily just a sample: Solyndra $535 million, Evergreen Solar $5.3 million, Abound Solar $400 million, NRG $1.2 billion, First Solar 5.35 billion, A123 Systems $300 million, and the list goes on. The promised deficit reduction plan has been as successful as the Obama jobs plan. Instead of a $533 billion dollar deficit, as of now  we are currently faced with a $15.22 trillion dollars deficit and the GDP is $15.18 trillion dollars. Obama's $825 billion dollar stimulus program which was supposed to create jobs and keep unemployment around 6%  at this time of the year has cost us 1.1 million jobs and a reported unemployment rate of 8.3%. Mr. President your democratic endorsed programs has brought nothing but destruction to our economy and increased unemployment. The question is why hasn't the "I" word been addressed for this President? Yes, Impeachment! Obama has graduated from Chicago politics and brought it to a national platform. Something the people of Illinois have fought against for years, corruption. One only has to follow the slime trail of corrupt politicians from Illinois to see why the money trail needs to be followed to the Obama camp.

               

People believe the motivation behind Obama's decision have been based on religion: 

     

People believe Obama is motivated by political beliefs:

    

  • The frightening thing is; they could all be right! The GOP Congress as you call them Mr. President has brought viable job plans for you to endorse and you have veto'd them. Job plans like the Keystone pipeline. I can only figure there was not enough money figured into the program for you and your band of cronies. Well, that's the voice behind the curtain and I'm Don Cox. As the old saying goes, opinions are like noses and we all have one and just like my nose has a couple of holes in it, so could my opinion. You be the judge, Good day!



No comments:

Post a Comment