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From: jjones1987
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  • TipTacBoom00001 = PoPoopalace2

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  • When President Reagan entered office in 1981, he faced actually much worse economic problems than President Obama faced in 2009. Three worsening recessions starting in 1969 were about to culminate in the worst of all in 1981-1982, with unemployment soaring into double digits at a peak of 10.8%. At the same time America suffered roaring double-digit inflation, with the CPI registering at 11.3% in 1979 and 13.5% in 1980 (25% in two years).

  • The Washington establishment at the time argued that this inflation was now endemic to the American economy, and could not be stopped, at least not without a calamitous economic collapse.

  • 1. Cut tax rates to restore incentives for economic growth, which was implemented first with a reduction in the top income tax rate of 70% down to 50%, and then a 25% across-the-board reduction in income tax rates for everyone.

  • The 1986 tax reform then reduced tax rates further, leaving just two rates, 28% and 15%.

  • These economic policies amounted to the most successful economic experiment in world history.

  •  The Reagan recovery started in official records in November 1982, and lasted 92 months without a recession until July 1990, when the tax increases of the 1990 budget deal killed it. This set a new record for the longest peacetime expansion ever, the previous high in peacetime being 58 months.

  • What is so striking about Obamanomics is how it so doggedly pursues the opposite of every one of these planks of Reaganomics. Instead of reducing tax rates, President Obama is committed to raising the top tax rates of virtually every major federal tax.

  • As already enacted into current law, in 2013 the top two income tax rates will rise by nearly 20%, counting as well Obama’s proposed deduction phase-outs.

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  • THIS PAGE CAREFULLY,

  • IF YOU EXAMINE

  • White Man’s Greed” The first Wright sermon Obama heard

    Obama’s very first service at Wright’s church was … controversial. On his radio show yesterday, Hugh Hewitt played excerpts of Barack Obama reading from his autobiography, Dreams of My Father. In one, Obama remembers a sermon by Rev. Jeremiah Wright:

  • There entails a description which includes these words that Obama remembered and wrote in his book:

    “It is this world, a world where cruise ships throw away more food in a day than most residents of Port-au-Prince see in a year, where white folks’ greed runs a world in need, apartheid in one hemisphere, apathy in another hemisphere … That’s the world! On which hope sits.”

  • Murder of a Gay Man at Trinity Church:Who killed Donald Young? Personal Friend of Barrack Obama

    Donald Young was a forty seven year old choir director and deacon at Trinity United Church of Christ, on 400 W. 95th St, the very church made famous by the candidacy of Barrack Obama. Donald Young was also openly gay. He was also a personal friend of Barrack Obama’s

  • . A roommate found Donald Young unresponsive in his home at 7:30 AM on December 23, 2007. He had been shot multiple times. Christmas presents and jewelry were missing from his home. Interim Police Superintendent Dana Starks said that so far, there is no evidence linking the two crimes. NBC Video.That hasn’t stopped any one from speculating however. Even though the two incidents were reported seperately, they have both become fodder for the Anti-Barrack Obama crowd online.

  • Why isn’t the murder of Mr. Young, the late choir director of Trinity Church, making news? Why is it that only young pretty woman or children make the news when they are killed or abused?

  • And why was Mr. Young allegedly calling Larry Sinclair? Now that Trinity is in the limelight, this murder should be in it too. Was this gay man killed by people who hated homosexuals or was something much more sinister going on? This incident has many more implications for the country than Natalie’s death in Arbua, and yet, not a peep from the mainstream media. What’s going on?

  • In a related development, here is the link to the affidavit that Larry Sinclair filed. Basically, it concerns Mr. Sinclair’s contact with Mr. Young who was murdered in Chicago last year. It also concerned alleged drug use by Obama. You can click the link below to find out more. The question we have is, is there any connection between Mr. Young and Larry Sinclair? We keep you posted as soon as we have any reliable information.

  • Obama Church

    Obama’s Pastor Wright Calls U.S. “Land of the Greed and Home of the Slave”

    Posted by admin

    November 3, 2009

    Lest we forget, Reverend Wright reminds us that a presidential acorn doesn’t fall too far from its anti-Semitic, hate America, Marxist preacher.

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  • Follow the RACIST TROLL known as SHITPACBOOM spamming this page as well!

  • To give us a better idea of what Obama will destroy today and tomorrow, it’s probably a good idea to take a look at some of the things that he has already decimated.

  • Obama’s first Executive order was issued on 21 January 2009 shortly after he had taken the White House. Upon moving into the White House, Barack Hussein Obama revoked Executive Order 13233 of November 1, 2001 (which allowed Congressional and court access to Presidential records “ec. 6. Right of Congress and Courts to Obtain Access”) and replaces it with Presidential Executive Order 13489, which now denies access to Obama’s records.

  • Obama and his Marxist Congress established H.R. 1388, the so-called “Serve America Act,” which—amongst myriad other non-service based and “give money to my supporters” items—includes requirements for national service (read that: ‘Service to The Obama’).

  • The now highly-infamous ObamaCare, which effectively destroys what had been called “the best healthcare system in the world” (Obama can’t have Americans being cured of diseases anymore—that detracts from his desires to place Americans’ healthcare monies into his and his masters pockets), has been enacted. Obama signed off on this Machiavellian replete-with-Death-Panels-prog­rams which confiscates at least $500Billions from Medicare (to effectively kill off Senior citizens),

  • plans to steal even more from Social Security to further fund Obama & Co’s ill-gotten gains and destroy the healthcare system that was the best on the planet. Why has The Obama done this? For power over We-the-People, of course. Note: Suppression of the people (and bleeding them dry) is a “given” practice in all tyrannical forms of ‘government’.

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  • It’s begining to look a lot like a Dictator

    Hope You don't get Indefinitely Detained Closing out his third year of his presidency Barack Obama has really stepped it up a notch.

  • Obama’s gone from opposing Bush’s signing statements to stretching the law even further than bush ever had.The first example is from just yesterday as he said, I refuse to take No for an answer.when Congress refuses to act in a way that hurts our economy and puts people at risk, I have an obligation as president to do what I can without them. And so Obama’s tried to do everything that he can get away with without them like making a recess appointment while congress isn’t by definition on recess.

  • Ignoring the constitution and abusing the recess appointment isn’t the most offensive thing Obama’s done to our Constitution, just the latest. Obama’s managed to get both sides against him by choosing to pass a law that would allow him to hold any Amer

  • Obama Links to Fast and Furious

    Fast and FuriousFast and Furious was established to get guns into the hands or cartels and then to track those weapons and see how the market functioned.

  • The program has failed miserably highlighted by the killing of a US agent by the weapons used in the program.

  • Project Fast and Furious was funded by $10 million in stimulus: Think about all the criminal and drug cartel jobs saved or created

  • . The Obama administration is raising scrutiny of gun buyers in the border states rather than investigating Fast and Furious, a program that armed criminals with no scrutiny at all.

  • The incompetence of this program is clearly responsible for the death of Border agent Brian Terry and it’s the level of incompetence that has the Obama Administration’s fingerprints all over it.

  • Eric Holder has been pushing off congress as much as he can and keeping his mouth shut but the lies are bound to get out.

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  • PROMISE: In 2008, Then-Senator Obama Claimed His Investments In Green Energy Would Create 5 Million New Jobs. OBAMA: “And I'll invest $150 billion over the next decade in affordable, renewable sources of energy -- wind power, and solar power, and the next generation of biofuels -- an investment that will lead to new industries and 5 million new jobs that pay well and can't be outsourced.” (Sen. Barack Obama, Acceptance Speech Remarks At The Democratic National Convention, Denver, CO, 8/28/08)

  • GREEN JOBS

    “The Obama Administration Has Managed The Nearly Impossible Feat Of Turning Energy Policy Into A Money Loser, Pouring Taxpayer Dollars Into Green-Energy Busts Like Solyndra.” (Editorial, “The Non-Green Job Boom,” The Wall Street Journal, 11/28/11)

    Obama Predicted His Investments In Green Energy Would Create 5 Million Jobs

  • The Energy Department Has Handed Out $35.2 Billion From The Stimulus, But The Clean Energy Industry Has “Yet To Provide The Boost Many Had Hoped For.”

  • “The Energy Department handed out $35.2 billion from the Recovery Act for energy efficiency and other initiatives. At the time, clean energy was seen as a potentially powerful industry for job creation. But the industry has yet to provide the boost many had hoped for.”

  • Despite Soaring Promises From Obama And His Allies, Green Energy Has Barely Taken Flight And Has Failed To Create Jobs.

  • “New clean-energy sources could address environmental, economic and national security problems all at once. In his 2008 convention speech, Barack Obama promised to create five million green economy jobs. The U.S. Conference of Mayors estimated in April 2009 that green jobs could account for 10 percent of new job growth over the next 30 years. Alas, it was not to be.”

  •  “There’s A Wealth Of Other Evidence To Suggest That The Green Economy Will Not Be A Short-Term Jobs Machine. According To Investor’s Business Daily, Executives At Johnson Controls Turned $300 Million In Green Technology Grants Into 150 Jobs — That’s $2 Million Per Job.”

  • The Energy Department’s Loan Program Has Fallen Far Short Of The 65,000 Jobs That It Said It Would Create

  • OBAMA THE LOSER

  • Details:

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  • A leader comes to the forefront in case of crisis, and is able to think and act in creative ways in difficult situations. Unlike management, leadership flows from the core of a personality and cannot be taught, although it may be learnt and may be enhanced through coaching or mentoring."

  • During my corporate career I held a number of positions of leadership and worked for other people that were excellent leaders. All of us worked diligently to be effective leaders by exemplifying the characteristics noted above. Please note the sentence above that is in bold type.

  • Leaders step forward to take responsibility during times of crisis. Leaders step forward and deal with the most critical issues that impact the organization they are leading. When the environment is toughest leaders step forward and think and act in creative ways.

  • Is US President Barack Obama a leader that meets the definition above? I suggest that our President is not a successful leader or not an effective leader. On the most important issue of our times President Obama has failed to lead our nation.

    Obama has been an effective advocate for causes he believes are right when his party has had total control of the US government.

  • The 2009/2010 debate on Health Care Reform was an example of Obama effectively advocating for a cause. He ignored a lot of the facts surrounding Health Care Reform but actively supported it becoming law regardless of its long term financial impact on the country or the overall economic environment.

  • Obama was a terrific advocate for Health Care Reform but he didn't demonstrate effective leadership.

  • Obama recently made the decision for the US military to participate in establishing a no fly zone in Libya in response to military actions by Libya's leader, Muammar Gaddafi, against his own citizens. The statements made by Obama, Obama's cabinet officials and other members of his administration regarding the justification of the military action are conflicting.

  • There is no doubt that President Obama did not establish a clear vision for his team and the American people as to why and to what extent the US was participating in the Libyan conflict. This is the first significant military action that is totally the responsibility of President Obama. One can debate the merits of US participation in the Libyan action.

  • One can debate the timeliness of various actions related to the action. Those topics are not the subject of this article. What is clear is that a key element of leadership was missing

  • A couple of weeks ago President Obama held a press conference and he responded to a number of questions from the attending media.

  • Obama was asked a question about the US fiscal deficit. I watched the President answer the question in real time. The President responded by very accurately describing the fiscal problems of the US government and the fundamental issues that need to be addressed.

  • Obama's response was one of the most succinct and accurate answers that I have ever heard to this type of question. The President clearly understood the problem and what areas of the US budget had to be addressed. There was not doubt that he intellectually grasped the problem.

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  • Instead of coming into office with spending cuts, President Obama’s first act was a nearly $1 trillion stimulus bill. In his first two years in office he has already increased federal spending by 28%, and his 2012 budget proposes to increase federal spending by another 57% by 2021.

  • His monetary policy is just the opposite as well. Instead of restraining the money supply to match money demand for a stable dollar, slaying an historic inflation, we have QE1 and QE2 and a steadily collapsing dollar, arguably creating a historic reflation.

  • And instead of deregulation we have across-the-board re-regulation, from health care to finance to energy, and elsewhere. While Reagan used to say that his energy policy was to “unleash the private sector,” Obama’s energy policy can be described as precisely to leash the private sector in service to Obama’s central planning “green energy” dictates.

  • As a result, while the Reagan recovery averaged 7.1% economic growth over the first seven quarters, the Obama recovery has produced less than half that at 2.8%, with the last quarter at a dismal 1.8%

  • . After seven quarters of the Reagan recovery, unemployment had fallen 3.3 percentage points from its peak to 7.5%, with only 18% unemployed long-term for 27 weeks or more. After seven quarters of the Obama recovery, unemployment has fallen only 1.3 percentage points from its peak, with a postwar record 45% long-term unemployed.

  • Previously the average recession since World War II lasted 10 months, with the longest at 16 months. Yet today, 40 months after the last recession started, unemployment is still 8.8%, with America suffering the longest period of unemployment that high since the Great Depression. Based on the historic precedents America should be enjoying the second year of a roaring economic recovery by now, especially since, historically, the worse the downturn, the stronger the recovery.

  • Yet while in the Reagan recovery the economy soared past the previous GDP peak after six months, in the Obama recovery that didn’t happen for three years. Last year the Census Bureau reported that the total number of Americans in poverty was the highest in the 51 years that Census has been recording the data.

  • Moreover, the Reagan recovery was achieved while taming a historic inflation, for a period that continued for more than 25 years. By contrast, the less-than-half-hearted Obama recovery seems to be recreating inflation, with the latest Producer Price Index data showing double-digit inflation again, and the latest CPI growing already half as much.

  • These are the reasons why economist John Lott has rightly said, “For the last couple of years, President Obama keeps claiming that the recession was the worst economy since the Great Depression. But this is not correct. This is the worst “recovery” since the Great Depression.”

  • However, the Reagan Recovery took off once the tax rate cuts were fully phased in. Similarly, the full results of Obamanomics won’t be in until his historic, comprehensive tax rate increases of 2013 become effective. While the Reagan Recovery kicked off a historic 25-year economic boom, will the opposite policies of Obamanomics, once fully phased in, kick off 25 years of economic stagnation, unless reversed?

  • HE WILL NOT GET AWAY WITH IT.

  • TERMS OF SERVICE.

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