Obama Finally got a chance to kick some one’s ….?

Obama Finally got a chance to kick some one’s ….?

 

Obama who made a famous statement after 49 days of worst oil spill disaster that he has been meeting experts on this issue to decide “Who’s ass to kick” should have kicked his own ass that even after 49 days of the spill he does not know who’s ass to kick? Hurricane Katrina and Rita were natural disasters with limited scope.  Those disasters pale in scale to what the BP Gulf Coast oil spill the worst in history now Americans are facing under a grossly incompetent Commander in Chief and complicit media.

 

In 11/2 years of Obama presidency the Economy is still in toilet, Iraq-Afghanistan war is going no where, unemployment is still in double digits and Americans are losing their homes. Majority of the Americans are getting poor every day leave aside those who are running clandestine operations in big corporations and Casinos called Investment Banks, Banks and Stock/Commodity Exchanges. Americans are facing gloomy future under a grossly incompetent federal government, bloated state governments under the unionized Gangsters posing as Democrats and Republicans and the complicit media. The lethal combination of incompetence and no vision for the future among the so called Leaders is a perfect recipe to make the current Great Depression worse than it is already.

These Unionized Political Gangsters have made 30-35% Americans “Wards of State”    that they are no longer prepared to take care of their basic needs without charities doled out to them. These are the same formerly self-reliant, hard working and intelligent people known around the world for their technological and financial achievements. 

Those who says US Politicians are not producing results are either ignorant or sadly mistaken. US Congress is working very hard with bloated State Governments to make majority of the Americans poor and they are succeeding in it. We are a living example of their success. We opened a small Check Cashing business from scratch in 1999 and at our peak we had 2 full time & 1 part time employee from 2003 to mid 2008. Now we have 1 part time employee only and my self & my wife both have taken 3 pay cuts totaling 25% from our peak salary from mid 2008 to the beginning of 2010.

Drop in our earnings can be explained in black and white due to the incompetent Politicians slave to big businesses. We never used to pay money to Bank with a Bank other than on the borrowed funds. Now we pay over $1200.00 per month just to take out my own money in cash and deposit the checks which we cash for our customers. The interest paid on borrowed funds is separate. Our Banking license from $250.00/yr is now more than $1700.00 which is based on our volume. Town Business license from $45.00 is now $875.00, Crime insurance from under $1,000.00 to $6000.00, Liability Insurance from $300.00 to $27,00.00, Workman Comp from $85.00 to $1400.00. The worst is Health Insurance for a family of 4 from under $5,000.00 in 1999 now we are paying over $20,000.00 with reduced benefits and higher co-pay and property tax from $7800.00 to $18,200.00 for a 4 Bedroom house built on 100X110 lot with 2800 sq feet built up area for living in the most corrupt state New Jersey in the entire world.     

It is very nice to hear good oratory full of populist phrases & populist schemes with out any explanation from where the money will come from. Obama must know that at some point oratory & populist schemes has to meet ground realities. Team Obama with Congress & State Governments full of economy idiots are going to bankrupt <?xml:namespace prefix = st1 />America  before the end of 4 years term of Obama what the previous administrations could not do in last 40 years.

 

Team Obama is not paying any attention to the 1990’s similar Bank Scams in Japan & its government bailed out its banks with tax payer’s money. In the same manner America is handling its massive Bank Scams by rewarding them with tax payer’s money. There were 7-8 stimulus packages for massive infra structure projects but each failed to revive Japan’s economy for more than a decade because no serious efforts were made to reform the financial sector & big money dependent politics. Japan’s corporate sector with export of goods saved Japan from disaster. How the massive construction projects can revive US economy which is 85% service oriented?

 

Team Obama is forgetting the money they want to spend must come from somewhere; from Surplus (which we don’t have), revenue (revenue is less than the expanses), from Lenders (no country wants to lend us any more) & lastly by raising taxes. Here again we have a problem Americans are taxed to the maximum.

 

So only remedy left if junkies are running this government which they are; is to print money by ignoring the fact that each additional dollar printed will reduce the value of every dollar already in circulation. Ultimately it will produce hyperinflation which can lead to social unrest at such a scale which no one has seen for centuries in an industrialized nation.

 

The honest solution to present crisis is we must reduce the size of the government at all levels to cut down spending.  We must learn how to live with in our means. We must stop thinking that Housing, Healthcare and higher Education is our right; we must earn it. Let’s start with New Jersey a state in 8,000 sq miles for 8.5 million people with 588 Governments feeding to 9,000 Elected Political Gangsters & 400,000 employees with little or no work appointed for political reasons. Think of the legacy cost for the 588 governments ruling NJ, staggering billions of dollars. All of this can be cut by putting no more than 30 local governments with less than 150,000 employees & less than 1,000 elected officials. Take this mantra to every town, municipality and state of America; cut the size of the government at all levels, cut down expanses on things which we can not afford, stop giving charity to foreign counties like Israel & Pakistan who are using it for state sponsored terrorism.  

 

On a lighter note Obama should have accepted the truth what General Stanley McChrystal and his aids said that his National Security Team is full of incompetent jokers. The fact is Obama has appointed incompetent radicals practically in all Federal departments. So rather than kicking General McChrystal’s ass for speaking truth Obama should have kicked his own ass for appointing incompetent radicals in Federal Government to hurt Americans.

 

Dave Makkar