Obama and The Economy

I need to get a few things off my chest as regards Obama. My opinion for what its worth...

1. Obama is not a Muslim as some claim. Clearly though, he is more pro muslim than most American presidents.

2.Its pretty unfair to shoulder him with all America's economic woes. He inherited decades of
economic decadence and mismanagement by previous administrations and their cronies, The Congress, Senate and Federal Reserve.

3.No matter who the president is, his priorities would have been the same. Save the Banking system,
decelerate the market collapse, stabilise the real estate and mortgage markets and prevent unemployment from worsening.

That being said, I find it fascinating to try and analyse the man's mind and thereafter his decision making processes. Obama grew up poor, raised by his white mother. His black father split early in Obama's infancy. Obama rose in the ranks, convinced that he was smart, an intellectual, so smart that his intelligence could overcome the disadvantage of his color. Obama was also a convincing speaker. Obama grew up, as do many a poor boy, distrusting and probably envying the wealthy. "I'm smarter than they are, I haven't made the big bucks as they have, but I can do better than the billionaires, I'll get my power through politics and by using my voice and my brains." So far so good, but this is where I part ways with this gentleman.

 Obama resents the rich, he believes that the meek and the poor should inherit the earth or at least the US. I think this is the key to Obama. The nation should be run from the top, by the intellectuals. The markets are merely a reflection of the ignorant masses. The true brains at the top of the government power structure should run the nation. In fact, the government should run everything. The people should just follow directions and obey. Which is exactly the path that this President is on. 

So now let us can look at his decision making process. Obama takes power, the markets are in chaos, and the economy is sinking. Whats first on the agenda? Not small business, not jobs, in fact, not the economy. His health plan. The US is sinking into recession, and he turns socialist. Business will be obliged to include health insurance for employees. More expense, not less. Have to plan ahead. So what about jobs? So much more logical to get the economy back on track first, and then try the socialist experiment.

Two years and a trillion dollars per year deficit. To hell with future generations. Let them pay the debt. Tax the rich and give to the meek and the poor. A true Robin Hood. Great if you are an intellectual, catastrophic
for an economy in recession. So while the US plays love thy neighbour, China, India and Russia are breathing down his intellectual neck. Trust me when I say, there is blood in the water and the sharks are circling.

Two more quickie decisions. Small but significant enough to give an insight. The New Bank Legislation reception was accompanied by the non-invite to heads of Morgan Stanley and Goldman Sacks. A direct affront to Wall Street. Divide and Conquer. A mistake? I know the answer, but time will tell.
Next he decides to appear on a television show, "The View" , cancelling an appearance at The Boy Scouts Centenery celebration. Apparently there was more exposure on the TV show. A choice was made. Why not appear the following week on TV?
There appears to be a problem with priorities....

This all gives me an uncomfortable feeling. You know that feeling when a second hand car salesman sells you a beautiful car, you drive it around the corner and the engine falls out? Am I alone with this feeling? Who is this man? Is he an impostor? Is he a citizen of the world? Is he the leader of the free world? Is he a good president?

The first rule of holes: when you're in one, stop digging - Molly Ivins


H