The devastating recession was caused by Democrats insistence on banks, Fannie & Freddie providing government guaranteed mortgages to people who could not afford them. These "subprime" loans were turned into stock assets whose value was determined not by the belief that the loans would be repaid by the borrowers, but by the value of the federal government guarantee of these mortgages. Predictably, when borrowers began to default on these mortgages in large numbers, the house of cards created by the Democrats collapsed creating the current recession.
The radical Obama/Democrat agenda led to bailing-out Wall Street and the insurance industry, taking over auto manufacturing, spending billions of dollars in “stimulus” money on pork-barrel and political payback projects which have failed to prevent the ongoing loss of millions of jobs. Instead of helping small businesses create jobs and get the economy going again, Obamacrats have created large, expensive bureaucracies in a takeover of healthcare and financial regulations and taxes that hamstring businesses and prevent job creation and growth.
Obamacare, the new financial law, higher taxes and Washington’s anti-business positions have paralyzed American business and prevented any real economic recovery. Those who want to reduce taxes for all and facilitate the business expansion and job creation that are necessary for real economic recovery are condemned and ignored.
The new Democrat financial law not only raises serious obstacles to economic prosperity, but fails to cure the conditions that produced the mortgage banking and Wall Street collapse. Rather than preventing any further collapses, this puts Obama’s policies of bailouts into law. Now Wall Street is assured that if it takes excessive risk in its ventures and is successful, it will pocket the profits. At the same time, if taking excessive risk results in failure, Wall Street can rely on a federal government bailout.
Given this situation, there is little incentive for Wall Street to limit risk-taking that can lead to financial collapse and recession. The new financial law also does nothing to halt Fannie and Freddie from continuing to back up new subprime mortgages with taxpayer money, the original root of the problem that led to the current recession.
Passage of Obamacare was paid for with more than $500 billion dollars stolen from and weakening Medicare. While Medicare is facing insolvency in the near future, the Obamacrats have done nothing to help sustain this program.
Everyone in today’s workforce knows that they cannot depend on Social Security being there for them when they need support in retirement. The main reason for Social Security going bankrupt is that Congress steals all the Social Security funds collected each year and spends them on general projects, leaving the Social Security Trust Fund empty.
Obamacrats fight desperately against any change that would prevent them from robbing this trust fund each year, and anyone that offers a plan that would restrict Congress’ ability to gut this fund is accused of wanting to eliminate Social Security. All attempts to fix Social Security and Medicare so that they will be there for retirees in the future are condemned by the Obamacrats.
Billions of dollars are collected from the states by the federal government and a small portion of this money is returned to the states by the Department of Education in funding that is given, provided that the states adopt federal government criteria, methods, curricula and teacher and student indoctrination.
Programs to deal with the unproven theory of a “Climate Crisis” (or global warming, global cooling, or just plain climate change), many through the Department of Energy, are designed to make insider politicians and favored corporations rich from taxing the American public for energy usage.
Obamacrat initiatives have shut down American fossil fuel industry precipitating the loss of thousands of jobs, while financially supporting foreign oil production (even that of Mexico in the Gulf), and denying Americans energy independence.
Obamacrats claim that they support a woman’s right to the privacy of reproductive choice, or the “Right to Choose”. For those who understand that abortion is the killing of a human being growing inside the mother, this is no less than the “Right to Choose Death”. There never was such a “right” to kill one human being just because it inconveniences another. However, there is the well-established, God-given and Constitution-assured right to life.
Problems in this country due to illegal immigration are largely due to the imbalance between U.S. demand for illegal workers and foreigner’s lack of viable employment in their home countries. The U.S. government should use policy and diplomacy to strengthen neighboring economies so that home countries can provide the needed employment for these displaced workers. In addition, immigration law should be enforced such that businesses no longer hire illegal immigrants as workers. If U.S. business ceases to employ illegal immigrants, especially if there are good jobs in their home countries, they will pack up and go home.
The Obamacrats claim to be the defenders of American rights; however, there are consistent actions by these people to restrict inalienable and constitutional rights. Free speech that opposes the Obamacrat agenda is to be suppressed. Obamacrats want to register and limit the right to keep and bear arms in preparation for eventual arms confiscation planned by the federal government. The freedom to practice one’s religion is to be suppressed if religion in any way differs from the political thought of those currently in power.
The Obamacrat socialist agenda also calls for government controlling what kind of insurance you’ll buy, what kind of car you’ll drive, what kind of food you’ll eat, whether you can add salt to your food, whether you can drink sweet drinks, and how much you are permitted to weigh.
The Obamacrats have moved the Democrat Party so far to the Left, that regular Americans are now labeled “far-right extremists” and dismissed as favoring a “radical” agenda harmful to America.
Regular Americans who care deeply about individual rights and responsibilities, who want to restrain big government and put America back to work, and who care about the Constitution and the survival of our country and our culture of freedom are cast by the Obamacrats as deluded, manipulated and ignorant “Astroturf”. But these Tea Party, regular American patriots have no intention of being so summarily dismissed; they will be heard.
Candidates for office who have a similar vision of America are supported by regular Americans and condemned by the ruling class who see this wave of American will as disrupting their carefully crafted world of privilege and power. The truly radical agenda is that of the Obamacrats and the ruling class, and with any luck, the American people will replace the Washington elite with these new American candidates and the radical Obamacrat agenda will be discarded onto the trash heap of history.