Tag Archives: stimulus money
The Obama administration has spent much time and effort pointing to banks as evil for holding the stimulus money they received. Obama ran to get in front of every camera he could to say that small business loans were a part of his job creation strategy. It is very easy to explain in this short post how completely incompetent this is and how “over his head” Obama really is. I remember when I first heard Obama bragging about this part of his strategy to create jobs (loaning money); I laughed my @#$%^ off because I knew how completely out of touch with business he was to hold such a belief.
In the capitalist system there are several things that come into play to create a viable market. In the case of the recent depression we have been in, yes I did say depression; it has been exacerbated largely from lack of confidence in the market. Business owner both large and small have been terrified of the rhetoric that has exuded from this progressive fool in the Whitehouse. If you are a wealthy business owner who has available funds to purchase new equipment, research new products, or expand to a new location; you are going to pay attention to tax policy in Washington. If every time you turn on the radio or TV you hear Obama and the democrats waging class envy against the rich; you are going to slip into a safe zone and hide.
The rich in America run the economy and that is just fine by me. I don`t care how much money my fellow citizen makes as long as he/she is creating jobs through business growth. When investors and business owners are afraid of Washington, they hide their money and wait it out. Then you see this idiot Obama come tell us he has made available to banks additional funds for business loans to hire new people. Hey Obama…they don`t need barrowed money, they need customers to come purchase products and services. You can loan a small business $20,000 all day long, but if that business has no customers they cannot pay the money back. This is the real reason banks are not making loans. These businesses in turn have no customers because the average citizen is out of work and can`t spend. The wealthy people in our country are hiding until Obama and his minions disappear.
Let`s put this in reverse for a second and look at how simple economics can reverse this. For you drones out there, go sip on a latte for a few minutes as this will not apply to you. The first thing we need to happen is for Obama and the democrats to shut their class warfare pie holes and allow people to quit fearing Washington tax and regulation policies. The next step would be to prove that things are changing by actions and not words; cut taxes and regulation on big corporations and small businesses. A good start would be to leave the bush tax cuts in place, and then add to them in the next Congress. These actions alone would spur growth because they show government getting out of the way of the private sector. When the government and Obummer finally leave the wealthy citizens alone and let them do what they do best, the economy will begin to grow again.
When these so call evil rich people are once again un- afraid to invest and grow their businesses, wow…..guess what? They start to need extra help and then the hire new employees. When these new employees start to receive pay checks, they go to Wal-Mart and other non-union (opps did I say non-union?) places to purchase goods and services. This in turn starts to create more demand and the cycle repeats until we are in a full blown recovery. The problem is that it requires cut backs in spending and taxation to allow for this growth; and this is a big no-no for power hungry greedy progressives who don`t think we are smart enough to handle our own money. They always say things like “we can`t afford a tax cut for the rich”, really???….well, we the people can’t afford to keep taking care of the leeches on the ass of America. These leeches are namely politicians who couldn`t make it in the private sector yet become wealthy in Government making deals on the side.
We the American people who earn this damn money and own it, lest the drones forget that fact, think it`s time Washington does without. I am tired of telling my family “not this year kids, we have to wait”. Then I turn on the radio and Obummer and his husband Michelle are on another vacation somewhere in the world and Pelosi has a private jet. It`s time we put Washington on a tight budget and that includes you damn Republicans too. I want my damn money that I make with my blood sweat and tears to go where the hell I say, not some jerk progressive in Washington. Finally to the drones: life isn`t fair, get off your dead asses and make your own way in life and leave me and my family the hell alone!!