factbat.com

The Obama job creation plan merely extends the bubble and creates more ballooning debt financed by profiteers re-using moneys they do not actually have.

The reason this nation is in the mess it is in is because it expects to incessantly live beyond its means, and thus much of the profit generated in the nation is actually nothing more than leveraged debt. Whether not it is toxic debt is really just a semantic relativity.

Debt creation as a means of growth is ridiculous in any market, and those who are the largest purveyors of this mechanism are not much more than glorified embezzlers. And they often lose on the investments and therefore so does those who’s money they are using to gamble with.

Extending credit in the midst of a market that is receding and at the same time still expanding the bubble of overpriced real estate with low interest rates and almost the identical strategy of “sub-prime” which is ripe with fraud, will only hide the cracks of this unsound structure.

This strategy has the earmarks of a path to a full blown depression. The dollar is weakening and will completely implode if those who hold them in reserve decide to start dumping them.

Now Obama expects to balloon the national debt irresponsibly and further the strategies which have gotten this country in the mess it is in. In his many proposals that underlying pitch is still "tax and spend."

The soft market can only hold the dollar up for so long. Eventually the reactive economy will send shockwaves of the Federal Reserves money creation policies all the way round the world, thus weakening all fiat currencies because they are tied to the dollar.

This is why Obama is extending the wars. It is America’s military prowess which has allowed this nation to remain highly competitive in the world economy. If it were a level playing field then bankers would be required to reduce their incomes or go out of business.

Without military might, this nation could no longer proliferate in the drug trade. Furthermore, it would not be able to use the long dusty excuse of “national security” as an excuse to engage in criminal activities, and hide them under the guise of national secrets.

Moreover, it appears that Obama is merely playing possum on the whole Obamacare issue. He wants to overhaul the system, and his intentions are far from honorable. He is just following orders from a cadre that takes its orders from the Hillary Clinton gang.

It is no wonder she has been ominously silent on much of the issue, she cannot be seen to be a major player after her “Hillary Care” debacle. But be certain that she is right in the thick of it, and has designs on manipulating the youth of this nation for the gain of full-spectrum dominance by an authoritarian government.

Hopefully not one American Voter has forgotten her call for the implementation of a Public Service Academy with the sole purpose of educating citizens on how to conform to the government model proposed.

This is patently opposed to American ideals, and is unconstitutional. The woman would require supervision as a grade school janitor, and this nation did not elect her…Obama APPOINTED her. Just as he and many other presidents have done to further the aims of those voters rejected.

Obama claims to be concerned about the small businesses of America. However, everything he has done to date seeks to push them further into debt amid failing markets that will afford them little of the actual competition they need to survive.

Time is not permitting, thus this article must end here. More later from the factbat.