BURN: ...which only leaves the question of his clinginess...

Barack Hussain Obama has proven he is a deeply bitter person.  Wonder how clingy he is?  And to what does he cling?

Well, we need look no further than his AMAZING presser yesterday.  It will tell you all you need to know about this man/child and what he clings to...

I’m not sure I could have gotten through the Obama press conference just now without John’s bracing live-blog posts. I have to say, the president’s political performance was the most partisan I have seen from an American chief executive. The references to the needs of the people were perfunctory and disordered, at best. The cast of President Obama’s rhetoric was entirely in the mold of the bruised ideologue.

I don’t recall Obama ever coming off in a national forum quite so much like a leftist community organizer. In demonizing his political opponents, lecturing his base, and vowing to fight on in a long struggle, Obama appeared to be channeling his political roots in radical activism. He evoked an activist street fighter on the steps of city hall more than a president of the United States. The president is our head of government but also our head of state: a ceremonial symbol of national unity. One of his chief duties is to be happy about that.

Radical activism, to be sure.  But also his own HUGE-bris (a term I coined, because his exceeds mere hubris), which has been challenged.  And not by a bunch of obstructionists, but by the American people who just took away his toys and served him with a restraining order.

"They don't like us...they really, REALLY DON'T like us...!!!!"

The "us" they don't like are the Collective, which we have seen revealed in its pure plumage for the first time in decades.  And the "they" who likes it not are the American people.

We have been fed the lies about "classes" in America, and the poison of "class envy" by the Collective for about a century (or a little more).  Americans have been told that the "rich" are to blame for every social ill, and that BIG GOVERNMENT is their panacea.

Tax rate reductions are "good" and apparently stimulative of the economy if they are provided to the middle-class.  They are "bad" and have no stimulative effect on the economy if they are given...exactly at the same rate...to the "rich".  Oh, and never mind that the "rich" are paying for most people's government, and that nearly half of Americans pay NOTHING.

See, that is all just so silly that even a century of conditioning cannot make it fly.

Couple that with what people of ordinary intelligence and ordinary observation know; the Keynesian boondoggle of IMMENSE government spending, coupled with the injection of COPIOUS uncertainty from the Obamabanana Republic's destruction of law and sound economics, has actually HURT the American economy, deepened and protracted the recession...unexpectedly.

BURN: The Real Obama Stimulus

So, a trillion dollars later, and eighteen months on in the Obamic regime, and what do we have to show for it? 

According to numbers pushed by the Congressional Budget Office on Tuesday, we got...MAYBE...a 4.5% bump in GDP.  Maybe it was as little as 1.7%.  MAYBE it was less.  Who knows?

MAYBE all that loot we took from our children and grandchildren lowered our PRESENT unemployment rate, oh, say, from .7% to 1.8%.  Was that money well spent?

So, did the Obama "stimulus" stimulate your economy?  Because Obama HAS been stimulating some things in the economy...he and the larger Collective.

What the Obami have successfully stimulated is the flight of capital from our nation, and the cancerous growth of fascist economics, where you have the illusion of capitalism, but in reality a government controlled economy where the biggest…and most compliant…players are the chosen winners.
 
 As part of that "stimulus" the rule of law has been immensely weakened, in terms of the "certainties" it provided to capital.  The law of contract, of property, and even of bankruptcy have been plundered by the Obami.  There is real doubt about what our Constitution means; are there Federal limits any longer?


Which is why you have people like Paul Otellini, the CEO of Intel, saying things like this; 

“I think this group does not understand what it takes to create jobs. And I think they’re flummoxed by their experiment in Keynesian economics not working.”

“They’re in a ‘Do‘ loop right now trying to figure out what the answer is,” Otellini said.

As a result, he said, “every business in America has a list of more variables than I’ve ever seen in my career.”

What he was saying is that UNCERTAINTY, which is the Grim Reaper of capital formation, has gone through the roof under the Obami.  Money has no national loyalty, no religion, no ties to geography.  It tends to flow from HIGH RISK to LOW RISK, when returns are anything like equal.  UNCERTAINTY makes reading risks very difficult, which is a risk in itself.

The U.S. legal environment has become so hostile to business, Otellini said, that there is likely to be "an inevitable erosion and shift of wealth, much like we're seeing today in Europe--this is the bitter truth."

Not long ago, Otellini said, "our research centers were without peer. No country was more attractive for start-up capital... We seemed a generation ahead of the rest of the world in information technology. That simply is no longer the case."

What this means is that...especially coupled with the VERY high taxes on businesses in the U.S....money, businesses, and jobs are leaving.  They are flowing to LESS HOSTILE places, where the rule of law is more stable and certain.  They won't be back any time real soon, either.  Not as long as Obama "has the keys".

So, by converting the U.S. into Obanana Republic, Obama has CERTAINLY stimulated the flight of capital, and the long-term loss of jobs, while he has institutionalized the underpinnings of fascist economics on a level never seen in this nation before.  Heckuva job, Berry...