Monday, October 24, 2011

Washington Post: Obama Was Given a Pass Because He Was Black

Even the Washington Post has said it now. I forward their recent column verbatim.  It is simple, factual, and to the point.  Shame on our electorate.

The Washington Post

August 18, 2011 Obama: The Affirmative Action President By Matt Patterson (columnist - Washington Post, New York Post, San Francisco Examiner)

Years from now, historians may regard the 2008 election of Barack Obama as an inscrutable and disturbing phenomenon, a baffling breed of mass hysteria akin perhaps to the witch craze of the Middle Ages. How, they will wonder, did a man so devoid of professional accomplishment beguile so many into thinking he could manage the world's largest economy, direct the world's most powerful military, execute the world's most consequential job?


Imagine a future historian examining Obama's pre-presidential life: ushered into and through the Ivy League despite unremarkable grades and test scores along the way; a cushy non-job as a "community organizer"; a brief career as a state legislator devoid of legislative achievement (and in fact nearly devoid of his attention, so often did he vote "present") ; and finally an unaccomplished single term in the United States Senate, the entirety of which was devoted to his presidential ambitions. He left no academic legacy in academia, authored no signature legislation as a legislator.

And then there is the matter of his troubling associations: the white-hating, America-loathing preacher who for decades served as Obama's "spiritual mentor"; a real-life, actual terrorist who served as Obama's colleague and political sponsor. It is easy to imagine a future historian looking at it all and asking: how on Earth was such a man elected president?
Not content to wait for history, the incomparable Norman Podhoretz addressed the question recently in the Wall Street Journal:

To be sure, no white candidate who had close associations with an outspoken hater of America like Jeremiah Wright and an unrepentant terrorist like Bill Ayers, would have lasted a single day. But because Mr. Obama was black, and therefore entitled in the eyes of liberaldom to have hung out with protesters against various American injustices, even if they were a bit extreme, he was given a pass.
Let that sink in: Obama was given a pass -- held to a lower standard -- because of the color of his skin. Podhoretz continues:

And in any case, what did such ancient history matter when he was also so articulate and elegant and (as he himself had said) "non-threatening," all of which gave him a fighting chance to become the first black president and thereby to lay the curse of racism to rest?


Podhoretz puts his finger, I think, on the animating pulse of the Obama phenomenon -- affirmative action. Not in the legal sense, of course. But certainly in the motivating sentiment behind all affirmative action laws and regulations, which are designed primarily to make white people, and especially white liberals, feel good about themselves.


Unfortunately, minorities often suffer so that whites can pat themselves on the back. Liberals routinely admit minorities to schools for which they are not qualified, yet take no responsibility for the inevitable poor performance and high drop-out rates which follow. Liberals don't care if these minority students fail; liberals aren't around to witness the emotional devastation and deflated self esteem resulting from the racist policy that is affirmative action. Yes, racist.


Holding someone to a separate standard merely because of the color of his skin -- that's affirmative action in a nutshell, and if that isn't racism, then nothing is. And that is what America did to Obama.


True, Obama himself was never troubled by his lack of achievements, but why would he be? As many have noted, Obama was told he was good enough for Columbia despite undistinguished grades at Occidental; he was told he was good enough for the US Senate despite a mediocre record in Illinois; he was told he was good enough to be president despite no record at all in the Senate. All his life, every step of the way, Obama was told he was good enough for the next step, in spite of ample evidence to the contrary. What could this breed if not the sort of empty narcissism on display every time Obama speaks?


In 2008, many who agreed that he lacked executive qualifications nonetheless raved about Obama's oratory skills, intellect, and cool character. Those people -- conservatives included -- ought now to be deeply embarrassed. The man thinks and speaks in the hoariest of clichés, and that's when he has his teleprompter in front of him; when the prompter is absent he can barely think or speak at all. Not one original idea has ever issued from his mouth -- it's all warmed-over Marxism of the kind that has failed over and over again for 100 years.


And what about his character? Obama is constantly blaming anything and everything else for his troubles. Bush did it; it was bad luck; I inherited this mess. It is embarrassing to see a president so willing to advertise his own powerlessness, so comfortable with his own incompetence. But really, what were we to expect? The man has never been responsible for anything, so how do we expect him to act responsibly?


In short: our president is a small and small-minded man, with neither the temperament nor the intellect to handle his job. When you understand that, and only when you understand that, will the current erosion of liberty and prosperity make sense. It could not have gone otherwise with such a man in the Oval Office.

Think about November, 2012.

Jim

Saturday, October 22, 2011

Butch Uncovers Secretive Biden Re-Election Plan, MAYBE?

Butch Jackson thinks he has figured out the Obama re-election strategy, "They gave away their plan this week. It all started with the Black Panthers monitoring voting sites in the last election. These thugs with clubs will stand out front and determine who can vote and who can't. The only challenge left then is to get their voters to turn out. George Soros and his crew can provide funds to buy votes and buses to get them to the polls.

That all leads up to Smokin Joe Biden. At last we know why Smokin Joe is on the ticket. He is Obama's secret weapon. Smokin Joe started this very week to go into the grade schools. For those of you in Mr. Calm that would be grades 1 through 6. I actually think we could put 7 and 8 in there with them and save some money, but I digress. Smokin Joe is revving the kids up (strarted with 4th graders) by telling them that the good guys want to pay for more teachers so that they can spend more time with each student. He says they will pay for it by getting people with a lot of money to give a little more. So there you have it. The Black Panthers will only allow kids from grades 1 to 6 into the voting booths while Soros will hire bus drivers to transport the kids and money to buy them off with things like suckers and balloons and whatever else kids like these days. These Obama guys are really good!"

Mom, who at one time was the Secretary to the Superintendent of the entire Hubbard City Public School System, put a fly in Butch's soup, "Like most Socialist ideas, there is one problem, and as always, it is fatal. Kids don't want more teachers in the class room nor more 'one on one' time with the teachers that are there! Unlike most Obama voters, kids are too smart for the Biden pitch. Not to mention that even a fourth grader knows that public school teachers, just like policemen and firemen are employed and paid by state and local governments, not the federal government. The last thing even grade school children want is to have federal police, firemen, and school teachers acting like the post office which is semi-obsolete in today's Internet society. Most kids don't know what the post office is, but they know how to tweet. But I digress."

Well, Butch went lower than a Pennsylvania coal mine. When this happens he does some major league sulking. Lots of times Billy Roy Mitcham, who gave a terrific performance at the Hubbard High School Reunion last weekend, tries to lift his buddies' spirits when this happens, "I wouldn't completely give up on that kid theory, Butch. Why else would the Commies be campaigning in the grade schools, and the bigger question is why they keep an idiot like Biden on the ticket if not for some scheme like this."

BM continued, "With the killing of Qadhafi and the first norther blowing the Fall into Texas, how is Obama's Arab Spring coming along? He, Bush, Carter, and their European Socialists buddies have pretty much killed or driven out most of the Middle East strongmen who were keeping the Radical Islamists at bay. It all started with the Shah of Iran, and we see how that turned out. Bush got Sadam. Obama has taken out strongmen in Egypt and now Libya. The royal families that rule Saudi Arabia and Jordan (pre-Obama big time US allies) have to be next on the list.

And then you have the Iraq pull out that was announced on Friday because Qadhafi's murder was dominating the press. Our diplomacy in Iraq failed because we could not convince the Iraqis to let us stay. Boy, Hillary did a great job here. The radical cleric Sadir led opposition to the US presence and won, as did his Iranian pals. Obama wanted to leave 3,000 troops there (his military leaders wanted 25,000-35,000). The Iraqis rightfully decided zero was better than such a small number that would just irritate those who wanted us out. People like Sadir the radical cleric who has returned to Iraq from Iran. The troops requested by the generals were vital resources needed to train Iraqis, to resist Iranian assaults, and to protect the Kurds. This would secure our gains made over the last 8 years.

If you don't believe the Iranians are serious threats, how about their attempts to kill the Saudi Ambassador last week, and on US soil?  The Iranians will probably overthrow our 'democratic' government in Iraq within 12 months. Makes you wonder why we spent 4,482 precious lives and took over 32,000 wounded while spending $805 billion, and for what? Within two years Obama's Radical Muslim pals can control over 70% of the world's oil.  Radical Muslim Arab oil will spring out of the Middle East to China and other foes of the the free world."

"Meanwhile Obama is negotiating with the Taliban to return Afghanistan back to them. No wonder Pakistan doesn't trust the US as an ally knowing that the Taliban could be threatening them on one side while they worry about India on the other. That leaves poor Israel. What chance will they have with a radical Muslim dominated Middle East and American politicians like Barrack Hussein Obama? The only positive thing from all of this is Obama may not get his normal 80% of the Jewish vote in 2012.  Go figure."

"What a shame. We have such a great and successful military. They took Iraq in 3 weeks and Afghanistan in 3 months. Compare that to NATO who took 8 months to drive out the Libyan forces (and they had a huge rebellion helping them). To see our accomplishments flushed down the drain by incompetent politicians is more than a shame. It is criminal."

Butch was rejuvenated, "Sounds like Obama is aiding and abetting the Arabs to 'spring up' and take over the entire Middle East in a huge Jihad. I am going to stay on this Biden angle to see if there is not a connection between the Arab Spring and Obama's plans to take over and federalize local policemen and teachers. Also, I am going to seriously ponder which way Obama will go if he is successful with his Communist and Islamic plans. Twenty years from now they will have pushed the Capitalist out, and they will have a huge confrontation with each other. Will Obama be more Commie or Jihad? Don't worry, BM, I'll figure it out."

By this time everyone but BM and Butch were pretty much "pulled out" from the Hubbard City Cafe.

Think about it,

Jim

Monday, October 17, 2011

Look Out, The Ugandans Are Coming

40% of Obamacare's "cost savings" were quietly flushed from the program on Friday of last week with the cancellation of the long term care provision. This program was used to gain the support of the elderly for Obamacare while providing a complete SCAM for a part of the program where they would collect premiums for 10 years without paying out any benefits. Surprise, surprise citizens would not agree to voluntarily subscribe. So they just quietly dropped 40% of their fake savings. Could it be that Obama wants the Supreme Court to find Obamacare unconstitutional so that he can run on how the Republicans and their Supreme Court don't want Americans to have healthcare? Otherwise, he has to defend the worst legislation passed in American history in re-election campaign.

Meanwhile, "occupiers", whatever the hell that is, continue to demonstrate, defecate, and break laws to protest the injustices of some people earning more money than other people. Think of that. Hundreds are being arrested, and their lawyers are demanding their release. If not, the lawyers threaten they will tie up the courts with phony trials. How is that for American justice at work? Obama meanwhile urges his supporters to "take off their house slippers and march in the streets", while he tells his worshipers at the opening of the MLK Memorial that "we must work to make things the way they ought to be" which he describes as "more equality and justice". His buddy, Al Sharpton, tells the crowd, "if you can't get the jobs bill done in the suites, then we will get the jobs bill done in the streets". Martin Luther King must be flipping and flopping in that grave when he hears these idiots.

While Americans have to work very hard to keep up with the Marxist activities of the White House domestically, Obama is quietly, yet dramatically, putting this country at great risk against known enemies. His techniques are right out of the Marxist playbook. Few of these events are on the front page of Obama's newspapers. They are buried in the center sections and, like a White House document dump, printed in Friday papers.

Iran's plot to assassinate the Saudi ambassador to the US did make the front page. Seems they were going to murder 10's of people in a restaurant bombing. Our response is to once again attempt to get the Russians and Chinese to join others in economic sanctions meanwhile the Iranians race to obtain nuclear weapons. Obama is either by design or incompetence completely impotent when it comes to Iran.

Meanwhile hidden in most papers is the US pullout from Iraq. The small headlines said, "US drops plans to keep troops in Iraq past Dec 31". The text said, "despite growing concerns about the Iraq security forces and the potential for instability". This means the bad guys will be joined by the Iranians to take over the world's 4th largest oil reserves to go with Iran's number 3 ranking in due time. If they can take over Saudi Arabia (ranked #1) that would give them control of almost 70% of the world's oil. Not to mention huge sanctuaries for terrorists who could be armed with Iran's nukes. We have sacrificed 4,400 brave US soldiers since 2003 and their brave efforts could go to waste with the Obama pullout. Is this by design or just incompetence?

It is ironic that the #2 ranked country with huge oil reserves is our neighbor, Canada, who does not have a Marxist administration that prohibits the exploration and production of oil and natural gas. The US is ranked a pitiful 17th even though we have huge potential that is unproven without adequate exploration.

Back to the news. Buried in the papers also is the story where our brave leader is quite aggressive. He is in fact coming on like John Wayne in a preposterous letter to House Speaker John Boehner in which he said his deployment "furthers U.S. NATIONAL INTERESTS AND FOREIGN POLICY". Must be a big deal, huh. Where? Israel, Russia, China, North Korea, Yemen? How about we send troops to Uganda? We can join up with those fighting what sounds like Christian bad apples. Obama says we may have to go into South Sudan and the Congo as well. Hold on to your seat because Obama may have told his biggest lie ever as he declared, "his decision to send troops is in keeping with the NATIONAL SECURITY INTERESTS of the United States". Our national security is threatened by a band of renegades in Uganda to the extent that we need to send troops to help kill the bad guys? Yet Iran's nuclear threat just calls for economic sanctions? Obama says our troops will just be there "for months". You can hang this statement right up there with Obama's Libyan promise of the conflict lasting "weeks not months". Does Obama need to risk American troops in Africa to shore up his Black voting base against Herman Cane? Are do we need to make a preemptive strike before they canoe over to attack our shores?

By the way, Uganda, the Congo, and South Sudan are not on the top oil reserves list of countries. I guess they will provide a big solar market for Obama sponsored clean energy stimulation.

Additionally, last week Obama held a press conference with the President of South Korea to celebrate a trade agreement that he had held up for years until he could get a billion dollar "retraining" bribe to his union buddies. Obama said of South Korea, "they buy as much from us as we buy from them. This is the way free trade is supposed to work". I am not making this up folks. What is it about "free" that Obama doesn't understand?

Meanwhile Obama is on his million dollar bus today telling the folks that the Republicans don't want clean air, clean water, roads, bridges, schools, airport runways, teachers, cops, or healthcare. Obama said Americans have a choice between Republicans who want dirty air and dirty water and Democrats who want to put teachers in the classroom and police on our streets? Wow! Heck, all Republicans want is to protect a few millionaires and billionaires like Warren Buffett, Bill Gates, Michael Moore, Algore, Bill Clinton, and most of all, those Hollywood and Wall Street crowds. Who wouldn't want to help them?

Think about it,

Jim

Friday, October 14, 2011

Our Sorry President

This is an excellent article published in Investors.com:

In November 2009, Barack Obama became the first U.S. president to bow to Japan's emperor. This week leaked cables show Japan nixed a presidential apology to Hiroshima and Nagasaki for using nukes to end the overseas contingency operation known as World War II. Will the next president apologize for the current one?

The obsessive need of this president to apologize for American exceptionalism and our defense of freedom continued recently when Barack Obama's State Department (run by Hillary Clinton) contacted the family of al-Qaida propagandist and recruiter Samir Khan to "express its condolences" to his family.

Khan, a right-hand man to Anwar al-Awlaki, was killed along with Awlaki in an airstrike in Yemen on Sept. 30. We apologized for killing a terrorist before he could help kill any more of us.

It's yet another part of the world apology tour that began with Obama taking the oath of office to protect and defend the United States and its Constitution against all enemies foreign and domestic, something he immediately felt sorry for.

One stop on his tour was Prague in August 2009. There he spoke of "America's commitment to seek the peace and security of a world without nuclear weapons," ignoring that before 1945 we lived in such a world and it was neither peaceful nor secure.

Another stop on the tour was in Japan, where Obama in November 2009 bowed to the emperor, something no American president had ever done. It could have been worse if plans to visit Nagasaki and Hiroshima to apologize for winning the war with the atom bombs had come to pass.

A heretofore secret cable dated Sept. 3, 2009, was recently released by WikiLeaks. Sent to Secretary of State Clinton, it reported Japan's Vice Foreign Minister Mitoji Yabunaka telling U.S. Ambassador John Roos that "the idea of President Obama visiting Hiroshima to apologize for the atomic bombing during World War II is a 'nonstarter.'"

The Japanese feared the apology would be exploited by anti-nuclear groups and those opposed to the defensive alliance between Japan and the U.S.

Whatever Tokyo's motive, Obama's motive was to once again apologize for defending freedom, this time for winning with devastating finality the war Japan started.

While Obama envisions a world without nuclear weapons, and moves steadily toward unilateral disarmament of our nuclear arsenal, we envision a world without tyrants and thugs willing to use them against us. We do not fear nuclear weapons in the hands of Britain or France, countries that share our love of freedom and democracy.

Monday, October 10, 2011

Communist Takeover Gaining Ground: Where? The Good Old USA

With the collapse of the Soviet Union and the recent movement of Communist China to a more market or capitalistic economy many of us thought we could forget the Socialistic Communist Marxist Leninist threat to the United States of America. We felt our threats were more from radical Islamists. We were wrong.

What we did not consider, nor can many of us still believe, is that our greatest threat is from within. And that threat is clearly from Socialism.

Proof? You be the judge. Way back in 1958, when I was 16 years old and driving a solid Red Chevrolet Impala to Hubbard High School, a book was written, The Naked Communist.  It listed goals of socialists who wanted to take over the USA. I have a subset of those goals listed below.  The author's goal is shown with my (comments) following each goal:

1. Permit free trade between all nations regardless of Communist affiliation and regardless of whether or not items could be used for war. (Obama's Jobs Czar, Jeffrey Imelt from GE says that China is his "second market" as he builds plants there and provides critical technology for Chinese products such as their newest airplanes)

3. Capture one or both of the political parties in the United States. (One down and one to go.  We ain't talking about Republicans, yet)

4. Get control of the schools. Use them as transmission belts for socialism and current Communist propaganda. Soften the curriculum. Get control of teachers' associations. Put the party line in textbooks. (We must return schools to local control by eliminating the Department of Education!)


5. Use student riots to foment public protests against programs or organizations which are under Communist attack. (The OCCUPY WALLSTREET movement isn't even warmed up yet as we approach 2012 elections.  What organizations are under attack?  How about the Tea Party?)

6. Gain control of key positions in radio, TV, and motion pictures. (Thank goodness for FOX as ABC, CBS, NBC, and Hollywood are long gone.)

7. Eliminate all laws governing obscenity by calling them "censorship" and a violation of free speech and free press. Break down cultural standards of morality by promoting pornography and obscenity in books, magazines, motion pictures, radio, and TV. (Do I need to comment to convince you?)

8. Present homosexuality, degeneracy and promiscuity as "normal, natural, healthy." (Same sex marriages, protected gay rights, and gays in the military--any progress here since '58?  Name 5 current TV series that don't have gay themes.)

9. Infiltrate the churches and replace revealed religion with "social" religion. Discredit the Bible and emphasize the need for intellectual maturity which does not need a "religious crutch." (Check out the Methodist, Episcopalians, and others at the national level.  Remember when Obama said Bitter Pennsylvanians were "klinging to their guns and religion" because they wouldn't vote for his party?)

10. Eliminate prayer or any phase of religious expression in the schools on the ground that it violates the principle of "separation of church and state." (This will never happen, right?)

11. Discredit the American Constitution by calling it inadequate, old-fashioned, out of step with modern needs, a hindrance to cooperation between nations on a worldwide basis. (Currently of 9 Supreme Court Justices 4 believe this and a 5th is a swing voter)

12. Discredit the American Founding Fathers. Present them as selfish aristocrats who had no concern for the "common man." (Or maybe as old white racist rich guys?)

13. Support any socialist movement to give centralized control over any part of the culture—education, social agencies, welfare programs, mental health clinics, etc. (How about health care, the auto companies, and banks?  The EPA?  These are rolled up into "Obama Inc.")

14. Infiltrate and gain control of more unions. (Which ones don't they have now?  They over achieved here!)

15. Discredit the family as an institution. Encourage promiscuity, masturbation and easy divorce. (Done!  Plus toss in abortion, welfare for unwed mothers, and defining marriage to include anything you want to do.)

16. Emphasize the need to raise children away from the negative influence of parents. Attribute prejudices, mental blocks and retarding of children to suppressive influence of parents. (Hillary says it "Takes a Village")

Well I guess we have to do more than to just tear down the wall in Berlin.  Some years ago these goals were considered "Un-American".  We had a House Commttee on Un-American Activitities.   As it turns out those engaged in fighting Socialism then were actually living in "the good old days".

Think about it and vote the Socialists out before it is too late,

Jim

Wednesday, October 5, 2011

What Is Really Too Big To Fail? Crony Capitalism

George Bush, Jr., as he left office, bailed out Wall Street (the banks) to 'save the world economy' and because the banks were 'too big to fail'. He spent about $300 billion and handed off another $400 billion or so to Obama to finish the job. They called it TARP.

Obama not only continued the bank bailout but added the auto companies to the list and heaped money on GM and Chrysler (Ford refused). Interesting that Obama forced money on some of the banks that didn't want, nor need, bail out assistance. Strange, huh? Not really, read on.

So what was it that made these businesses TOO BIG TO FAIL? Let's take the banks first. The federal government muscled banks to make questionable loans to a large set of the populace that could not afford to own homes (called sub-prime mortgages). They claimed to back these banks by having Freddie Mac and Fannie Mae support these loans with tax payer money. George Bush, Sr. signed legislation that stated that Fannie and Freddie have an affirmative obligation to facilitate the financing of affordable housing for low-income and moderate-income families.  They set a target of 30% for loans to this segment.  In 1999, Fannie and Freddie came under pressure from the Clinton administration to expand mortgage loans to low and moderate income borrowers by increasing the ratios of their loan portfolios in distressed inner city areas.  They drove the percentage to over 55%. (this also served the Clinton economy).

These actions supported the Liberal cause by making loans to moochers who vote Democratic (and favored racial groups) while hyping the economy (we call it a bubble). When the government creates a partnership with selected large corporations to further their mutual causes it is called CRONY CAPITALISM. Also in most, if not all cases, it results in disaster because it interferes with natural FREE MARKET FUNDAMENTALS.

So when the 'stuff' hits the fan (in this case the sub-prime homeowners can't make their payments and the price of their homes fall below the their mortgage balance) the government starts scrambling because their SCAM IS TOO BIG TO FAIL and the politicians need to cover up the facts of their actions that caused the problems. So they buy off their cronies with bail outs. The last thing they want is for the banks to tell how they were forced, and enticed, into violating their own regulations and business practices at their government partner's urgings. So politicians bail out their cronies with taxpayer money and government debt to keep them quite and to get their continued co-operation (not to mention big contributions to their campaign funds). It is a typical government cover up.

And why bail out the auto companies? Look at the two major factors that have made the American auto companies fail. The first was labor laws and government practices that backed the labor unions with excessive wage rates, lucrative health care plans, and ridiculous retirement plans. If that isn't enough to keep you from competing in a world market add severe regulations on top of the labor costs. Regulations that dictate what kind of products the auto companies must make to meet fleet emission standards and mileage regulations supporting the government's global warming scam. The government then makes it difficult for the auto companies to build plants in labor markets where they would be competitive. Again when the stuff hits the fan and the auto companies approach bankruptcy, the government must bail them out. It just would not serve the politicians interests for the auto companies to, first, tell the public why they failed. And next, for the companies to take the actions necessary to get rid of union contracts and to demand less regulation. As it is, the government and their crony auto executives are just kicking the can down the road. The auto companies will fail again unless they throw off union and government control. American companies have no chance in competing against free market competitors with lower costs and the freedom to build autos that world buyers desire.

Interesting that even though Ford didn't take bail out money, they are on the record supporting the bail out program. Are you kidding me? Obviously they have been threatened to not criticize the 'hush money bail out'. The rumor is they were recently encouraged to take down an ad bragging about not taking bail out money. The Obamas were quick to announce that Ford had approved of the bail out even though they didn't participate.

What are the lessons learned?  Moderate Republicans, the Bushs, will pass legislation working with the Libs that seems reasonable at the time. The Dems (Clinton, Obama, etc.) will then dramatically alter the implementation to buy votes and ultimately do considerable damage to the economy.   Example:  George, Jr. hands Obama $400 billion in TARP.  Obama immediately adds another trillion in stimulus.  George, Sr. passes  sub-prime legislation, and Clinton drives a truck through the opening he was given.

Think about it and vote the bums out before they destroy other industries and bankrupt the nation.  Also, beware of Moderate Republicans.  If it wasn't for George, Jr. there would not be an Obama in the White House.  If it wasn't for George, Sr. there would not have been a Bill Clinton.

Jim

Monday, October 3, 2011

William Jefferson Clinton: A Business Genius or Scammer?

As promised in the last blog posting Scott Riddle (local cattleman, insurance tycoon, Texas Holdem expert, occasional investor in anything of interest, and nephew of Hall of Fame Baseball Player, Tris Speaker) was asked to discuss the Clinton Boom Years of the 90's. His remarks follow.

"Many folks rewrite history by giving Bill Clinton sole credit for a robust economy, creating jobs, and generating a federal government surplus (by raising tax rates). Clinton's economic metrics were benefited considerably by what is called a 'bubble' in the Internet sector of the economy. What was the Internet Bubble? It was an orchestrated assault on America's investors by Wall Street investment bankers, venture capitalists, and the Clinton administration led by one, Robert Ruben (Clinton's Secretary of the Treasury and former CEO of Goldman Sachs, but of course). This collusion literally flooded the IPO (Initial Public Offering) stock market with high tech Internet start up stock offerings. Most of these companies were heavily funded by venture capital firms, many of which were also funded by the venture investor organizations of the investment bankers who would 'take these companies public'."

"Most of the IPOs (Initial Public Offerings) went public at huge valuations and most of the companies were operating at huge losses at the time of the public offerings. In this crazy Internet world all former rules based on revenues and profits were thrown out in this race to Internet 'gold'. Those hyping these companies convinced investors that profits weren't important. A term called 'eyeballs' replaced profits. The companies spend huge sums of money enticing visitors to their web sites while convincing public investors that this would convert to revenues and profits sometime in the future (sounds a lot like GREEN INVESTMENTS DOESN'T IT). The end result was the company employees, the venture capitalists, and Wall Street investment banking companies all made out handsomely, and the Clinton economy produced jobs and wealth for those who were lucky enough to 'cash in' before the BUBBLE POPPED. And when did it pop? In Clinton's last year of office (of course) dumping the country in a recession at the expense of the nation, and particularly at the expense of the shareholders who thought they had made investments in real companies with long term futures. Very few companies lived up to this expectation. Companies that did not make the IPO window shut down losing the investor's money and the jobs of many employees. The High Tech Industry has still not recovered."

"Another big loser of the Clinton Bubble was the whole concept of Initial Public Offerings. This method of rewarding successful high tech start up companies with liquidity and growth capital had been largely responsible for this countries' world leadership in innovation, technology, and worker productivity. Clinton's outlaws basically KILLED INITIAL PUBLIC OFFERINGS! This may be the greatest cost of Clinton and his cronies GREED."

"So what did Wall Street move to after the Clinton Internet Bubble? They colluded with Washington (Chris Dodd, Barney Frank, Black Caucus, Fannie, and Freddie) to create a huge REAL ESTATE BUBBLE. Using the government and taxpayers to bail out their bad loans they packaged things called 'instruments' and played a game passing off the hot potato (they called these sub-prime loans) hoping they weren't the last to be holding these instruments when the bubble popped. With the un-able (Dennis Miller calls a race between Obama and Cain a race between Cain and Un-able) assistance of Obomb-us we are still suffering from this criminal act."

"While Bush didn't stop the Real Estate Bubble, he did get the economy moving again after inheriting the Clinton recession by eliminating Clinton's tax increases and not doing the insane government interference of the Obama crowd. Bush, however, did allow his obsession with the nation's security to blind him into allowing the Democratic Congress to overspend. Bush's weakness in reigning in Democrats lost his conservative base and enabled the election of Obama in my opinion. His approval ratings as he left office was in the thirties because he lost conservatives."

"And what Bubble would the Libs like to replace the real estate mess with? THE GREEN REVOLUTION, of course. If they can sell the world on 'man caused global warming', they can use government regulations to create an artificial market for all types of GREEN SCAMS. They can through regulations force consumers and companies to buy and use any products they choose whether it is window shades, solar panels, roofing materials, electric cars, or public transportation to name just a few. This could be the biggest scam of all if they can pull it off."

"Lastly, if of course when you get under the covers of the surplus during the Clinton years, he had no choice. The Clinton policies created an environment begging for the Gingrich Revolution. Newt and the Republicans forced Clinton to move to the right and balance the federal budget, thus creating a surplus."

Mom had a question, "Scott, how do you know so much about this Internet Bubble?"

Good question, Maxine, "I actually invested in some of these Internet start up companies, and one in particular in Austin, Texas."

"Right, Scott. I think I know that company. The IPO window closed real tight right before they planned to go public, thank goodness! A failed start up company is one thing, a failed public company is much worse; I am told by a close member of my immediate family."

Lots to think about as Americans determine whether Hillary would be any better than Obama,

Jim