Thursday, November 7, 2013
Obama's Managed Decline
I believe Barack Hussein Obama is not suffering any misapprehension about the way successful business works. Obama knows precisely what it takes for businesses to prosper and is determined to impede those enterprises that are not run by his cronies. I long ago said Obama would become America's Shiva and contend that what we see now with the Affordable Care Act is just a means to push us towards single payer. Obama is crushing the American coal industry. Obama is throttling major US banks who were forced under redlining regulations to provide loans to those who were not credit worthy; then, these same banks were asked to absorb "troubled assets" by regulators and political leaders and now they are being fined for doing what the Federal government demanded of them. Why injure shareholders in JP Morgan or Bank of America for actions they were not a party to just when these corporations are almost back on their proverbial feet? Obama has not and can not remedy the plight of the poor, but he can knock those who have earned success down a peg or two. I believe Obama's guiding ethos has been getting even.
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