How Barack Obama is Bankrupting the U.S. Economy
Written by Webmaster
- ISBN13: 9781594034640
- Condition: NEW
- Notes: Brand New from Publisher. No Remainder Mark.
Product Description
In his first nine months in office Barack Obama has pursued the most aggressive government expansionist agenda since Franklin Roosevelt’s new deal was launched in 1933. White House chief of staff Rahm Emanuel summarized the Obama first-year game plan best: “An economic crisis is a terrible thing to waste.” So far, we have seen multi-trillion dollar bailouts in housing, banking, insurance, and auto industries, the stimulus plan, cap and trade, a $1.2 trillio… More >>
How Barack Obama is Bankrupting the U.S. Economy

February 16th, 2010 at 3:46 am
This book ignores the facts and simply pushes a factless ideology. Over the last 25 years this book would have you believe that right wing ideology is some how inherently more fiscally appropriate, nationally secure, and morally grounded. It just felt like shilling information without ANY facts. Show me one positive effect of the last three republican presidents. Reagan’s (laffer curve) gave us the recession of the mid-late 80′s, Bush Jr. gave us unfunded wars, prescription drug benefits, and tax cuts for the top 10%.
Educated people will only find one president that made the hard decisions to become fiscally sound. William Jefferson Clinton. Fact are important. Caring about our fellow Americans is important. Returning lower/middle class wages to where they were before the Laffer Curve hollowed out America is the only answer. Health Care is backrupting america. Not A president who was given a stick of dynamite.
Bush gave the banks that ran their businesses into the ground 700 billion dollars with no strings through 3 pieces of paper. I really think this book ignores facts and writes whatever it wants. All this information is easily available and just ignored.
This is what America looks like before a fall so huge it will be it’s own chapter. Cheers to selling mortgages into the secondary market. Shame on all of us. Rating: 1 / 5
February 16th, 2010 at 6:25 am
How could you suggest that Barack Obama is “Bankrupting” our nation when he just pulled us back from the brink of a black whole created by greedy bankers who vote Republican? Somewhere a group of bankers are chuckling really hard that they are able to distribute things like this to the masses and they actually pay hard, earned money for it. If this argument resonates with you then you don’t understand the world we live in.
Look at this whole series of books. Who do you think is behind this? Only someone with deep pockets who’s threatended by Democratic legislation would go to this extreme. Doesn’t that scare you that our whole society is vulnerable to big business? That may work in your favor today but eventually you’re going to realize we don’t really live in a democracy when faceless entities can influence public policy by funneling money to the shell organizations with misleading names. This book is capitalist propoganda. You’ve got to wake up! Come to your senses, fight this type of controlling influence in our lives. Whatever your politics, this is not about a healthy, democratic debate.
Are you really so hateful that you’d read this and agree with it? This type of thinking actually hurts people. “Big Government” is only a threat to you if you don’t want to play by any rules. If you want to be left alone to create toxic mortgages and sell them without facing any consequences then it’s true, “Big Government” is a problem for you. “Big Government” does terrible things like giving out student loans and subsidizing mortgage rates for lower income Americans. Who doesn’t love our “big government” welfare program called “Medicare.” It’s socialism and people love it. They love it because it helps the people we love who are vulnerable.
There are always going to be puppets like this author who love the limelight of defending monied interests. Are you really going to fall for this? You really think this is a legitimate argument? Rating: 1 / 5
February 16th, 2010 at 7:36 am
Watch Video Here: http://www.amazon.com/review/R2U5SZ04FAPRZA This is fine short and brisk analysis of the damage our new president has done to our economy. A splendid read. Rating: 5 / 5
February 16th, 2010 at 7:58 am
It seems that the vast majority of Americans don’t want to believe anything that’s “inconvenient”. It’s easier to believe our government’s irrational spending habits will somehow lead us out of the worst economic crisis since The Great Depression; after all, our trusted political leaders seem to think the solution to our problems is increased spending and artificial stimulis packages, designed to bail out failing sectors of the financial arena – from poorly managed banks to inefficiently operating automobile manufacturers.
Who’s going to pay for all this? The questionable short-term benefits don’t even make an ounce of sense, while the long-term financial disaster is as obvious as the stupidity of robbing Peter to pay Paul; sooner or later, we’ve got to pay the piper, and the piper has a lot of freeloaders to account for; this isn’t going to be an inexpensive quick fix; rather, it’s shaping up to be a financial disaster of epic proportions; one which future generations of taxpayers will be burdened with for a long, long time.
Anyone who is concerned with the future of this country; particularly with its foolish spending philosophy; needs to read this very accurate depiction of what is currently going on in Washington, DC; written by Stephen Moore, who knows a thing or two about economics.
His perspective is not at all convenient; however, it’s brutally honest; and it’s exactly what this country needs to hear if we’re to avoid digging ourselves into a hole that is impossible to climb out from under; we need to take action when the next election comes around, and vote those tax and spend fanatics out of office before they completely destroy our financial future.
Anyone who doesn’t see the handwriting on the wall is only kidding themselves; for a different perspective with the same conclusion, I’d encourage you to also read Timothy Carney’s “tell it like it is” expose, Obamanomics: How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends, Corporate Lobbyists, and Union Bosses. It’s the raw truth; and a very inconvenient scenario for Americans to embrace. For the sake of our economic survival, the inconvienient truth needs to be told, very loudly, in every sector of society. Rating: 5 / 5