Obama's Disastrous Keystone Pipeline Decision

Check out this excellent editorial by Dan Henninger of The Wall Street Journal regarding Obama's decision to delay building the Keystone pipeline. Apparently Obama is fine with unemployment in any industry relating to carbon production. This president's policies are job killers, pure and simple. As Henninger puts it, "Why should any blue-collar worker who isn't hooked for life to a public budget vote for Barack Obama next year?" Good question.

Nobody Makes Fun of Obama...

..better than Andrew Malcolm of The Los Angeles Times. Check out his blistering commentary on Obama's "urgent jobs plan" here.

Peter Schiff Testimony Before the House

Here are a couple excellent videos of excerpts from Peter Schiff's testimony and answering questions before the House committee on the jobs bill and the economy.

Here is the text of his testimony entitled "How the Government Can Create Jobs." If more politicians and inviduals were listening to this well-reasoned and intelligent businessman and others like him we would not be in the mess we are today.

Fighting Back Against Obama's Job-Killing Policies

As the economy continues to flounder, I continue to hear Obama and his administration deny any responsibility whatsoever for the terrible economic conditions. He and his people continue to tout their "job proposals" and take credit for supposedly turning things around and saving us from a depression. The truth is, Obama's job-killing policies are directly responsible for the economic mess we are in today. The new taxes and regulations his administration has pushed for are toxic to private sector job growth and have stunted what should have been a normal recovery from the 2008-2009 recession.

The two most pressing political problems facing our country right now are the poor economy and the ballooning national debt. These issues are not unrelated, as the deficit grows much more quickly in a sluggish economy. Obama has failed miserably on both counts. He has made no effort whatsoever to address entitlement reform or to push for serious debt reduction and spending cuts. After all, attacking the GOP plan for wanting to throw granny out on the street is much easier than bothering to present your own plan! Under his "leadership," our country has lost its AAA bond rating -- a well-deserved downgrade. He has pushed for tax increases, played political games with the debt ceiling, masterminded huge stimulus bills full of waste and corruption, and pushed through a health care bill that puts a tremendous financial and regulatory burden on employers. Under the "leadership" of his crony Harry Reid, the U.S. Senate went for years without passing a budget (one of the most basic duties given to Congress is to pass a budget annually).

Most of the above items should be common knowledge to people with a passing familiarity with politics and current events. What is not common knowledge to many people, I fear, are the many job-killing regulations that Obama's administration is putting into place behind the scenes. Many of Obama's top administration officials are "czars" who were never confirmed by Congress to begin with and have a free hand to reshape our country's regulatory policies in a radical direction. I highly recommend reading this article in National Review, which highlights 10 of the worst Obama economic policies and what Republicans in Congress are trying to do to stop these policies from taking effect. The Wall Street Journal is another great source for understanding why Obama's policies are hurting our economy so much.

It is vital for Obama to be defeated in 2012. But in order for that to happen, people need to know just how destructive his policies have been to our country economically. They need to know that he isn't just unlucky; there is a direct link between his policies and our current problems. I would encourage you to take the opportunity to bring up some of the facts from the article linked to above next time you are in a conversation with someone about the economy. By educating ourselves and others about how the economy works and what policies create jobs and what policies kill jobs, we can make a difference for our country. If our country is going to have a future of freedom and prosperity, we MUST get someone in the White House with fiscal sanity who understands how a free market economy works.

On a somewhat related note, National Review published a great article last week discussing the issue of global warming. The myth of man-made global warming, or "climate change" as it is now officially designated, has become a political club in the hands of power-hungry politicians. It is the basis for myriad anti-growth economic policies that are contributing to our national joblessness, including several of the ones mentioned in the previous article. I recommend this article as a relatively concise summary of the problems with the "science" behind Obama's global warming policies.

This Is What You Get When You Elect Somebody Who Never Even Ran a Lemonade Stand

“By reaching into virtually every sector of economic life, government is injecting uncertainty into the marketplace and making it harder to raise capital and create new businesses."

That statement didn't come from Sarah Palin or Rush Limbaugh. It came from Verizon CEO Ivan Seidenberg, a big supporter of Obama and the president of the Business Roundtable which has been one of Obama's closest allies in the business community. Seidenberg went on to say that he was "troubled" and had to speak out because "the negative effects of [Obama's] policies are simply too significant to ignore." Another pro-Obama business leader, GE CEO Jeffrey Immelt, has also recently spoken out against Obama's policies, saying that Obama doesn't get along with the business community and is not working with them effectively. Of course, it would have been nice if these CEO's had spoken out BEFORE the health care bill passed instead of after it had already become law.

Read more about Obama's anti-business, anti-employment policies here. To paraphrase Reagan, "A recession is when your neighbor loses his job. A depression is when you lose your job. And recovery is when Obama loses his job."

This Should Help Unemployment

Here's an excerpt from a post on the National Review blog Campaign Spot:

Farm-equipment manufacturer John Deere "said it expects its expenses to rise by around $150 million on an after-tax basis, mainly in the second quarter, as a result of the legislation."

Verizon "told employees in an email Tuesday that Verizon's costs will go up in the near term, pinpointing a tax-subsidy reduction for retiree health benefits."

Heavy-equipment manufacturer Caterpillar "said that its first-quarter earnings will be hit with a $100 million after-tax charge under tax law changes attached to the new health care reform legislation."

AK Steele Holding Corp., "the third largest U.S. steelmaker by sales, said it will record a non-cash charge of about $31 million resulting from the health-care overhaul signed into law by President Barack Obama. The charge will be recorded in the first quarter of 2010."

Valero Energy "will take a $15 million to $20 million charge to second-quarter earnings for the same reason."

Medical-device maker Medtronic "warned that new taxes on its products could force it to lay off a thousand workers."

If you want to reduce unemployment, stop passing legislation that kicks the snot out of employers.