Sunday, May 03, 2009

THE FACTS YOU DON'T READ ABOUT HIS MAJESTY.."THE ONE" OBAMA?











Obama’s first two major bills alone, the "stimulus"
and "omnibus," cost nearly twice as much as was
spent on Iraq over six years – $1.2 trillion vs.
$650 billion.

•Obama abandoned his campaign promise of
"a net spending cut," his first annual deficit –
not counting bailouts – being three times
the worst deficit under President George
W. Bush.

•Obama’s objective in his first G20 summit
– commitments to spend our way to prosperity
with massive stimulus boondoggles across the
G20 – was rejected out of hand.

•Obama’s objective in his first NATO summit
– commitments to combat troops for Afghanis-
tan from "our European allies," which Obama
and his party imagined were ready and willing
to fight if only someone "enlightened" like him
were running things – was predictably refused,
with some more European non-combat contin-
gents offered as a token.

•Obama’s Defence Department announced cuts
of $1.4 billion to missile defence, the day after
North Korea test-fired its long-range, multi-
stage ballistic missile.

•Obama’s economics were criticized by Warren
Buffet, whose endorsement had been candidate
Obama’s highest economic credential.

•Obama reversed the free trade Bush policy
that had allowed about 100 Mexican tractor-
trailers into the United States, which the
Mexican government immediately used
as an excuse to levy tariffs on 90 American
goods amounting to $2.4 billion in U.S. exports.

•Obama’s "tax cuts for 95 per cent" turned
out to mean $13 a week from June to Decem-
ber, to be clawed back to $8 a week in January
– as compared with President Bush’s 2008 tax
rebates of $600 to $1,200 plus $300 per child,
which were notably scoffed at during the election
campaign by Michelle Obama.

•Obama’s campaign promise of a $3,000-per-
employee tax credit for businesses that hired
new workers – repeated ad nauseam for weeks
before the election – was discreetly retired
even before inauguration day.

•Obama abandoned his campaign promise that
"lobbyists won’t work in my White House,"
waiving his no-lobbyist executive order or
conveniently redefining his appointees’ past
lobbying work to allow 30 lobbyists into his
administration.

•Obama abandoned his campaign promise
to reform earmarks, signing the omnibus
bill which contained 8,816 of them.

•Obama took more money from AIG than any
other politician in 2008 – over $100,000 –
and signed into law the provision guaranteeing
the AIG bonuses which later had him in front
of the cameras "shaking with outrage" and
siccing the pitchfork crowd on law-abiding
citizens who had fulfilled their end of a
contract and had their payment upheld by
Obama’s own legislation.

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