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Thursday, August 18, 2011

Obama Magical Misery Tour

The three state  "Official Presidential Bus Tour"  has ended. Obama has accomplished exactly what was expected of a President who is rated at a 26% approval rating, exactly nothing!  Instead, Obama met with smaller crowds, lukewarm applause and no exuberant gushing voters tossing flower petals at his feet.  At this juncture, even an enthusiastic "Joe the Plumber" would come in handy to spark up the energy in this "Blah-Blah Travesty Tour"!  



The harsh scolding attacks against Texas Governor Perry made by Obama sounded more like hapless name calling.  The White House drivel was that the majority of the 37% of the U.S. job created  in Texas were due to Obama's Stimulus Program.  The problem with that argument is that Texas took less stimulus money than the other forty-nine states, which brings up the question:  If the other 49 states received much more of the stimulus money, then why didn't they excel further than Texas?  Hmmn...

Texas State Flag
The honest answer is better financial management at the state level which also curried tort reform to reduce frivolous lawsuits, lowered business taxes for friendlier state rates and relaxed state regulations to encourage business migration to reside within the state borders. Wow! ...What concepts!  ...less government, lower taxes and more business freedom to create jobs!

The Obama administration further claimed that Texas State job numbers were because larger corporations enjoyed greater growth because of the direct federal funding of big projects and federal interdiction increasing demand in the energy sector. 

The actual numbers prove differently, 75% of the Texas businesses comprise of small companies with fewer than 25 employees and reportedly make the majority of payroll too.  

As far as federal manipulation of energy prices and supplies, the Obama Administration has interfered with exploration, recovery and refining activities through the EPA Environmental Energy Administration.  We need to scream, "Drill, Baby Drill!"  - Let's get the energy jobs from coal, oil and gas!

Obama Temporary Oil Reserve Fix
The global and domestic energy prices have fluctuated with market demand. The Strategic Petroleum Reserve was created in 1975 after the 1973-74 Arab oil embargo and huge prices hikes that resulted. It currently holds 726.6 million barrels, in five salt domes in Texas and Louisiana. By tapping our strategic oil supply to tamp down gasoline prices this summer, Obama efforts again proved fruitless while misusing the national back-up emergency supplies try to bolster his political capital with a temporary fuel price decline as it only helped “knock the price down for a few days” because such small amounts of oil were sold. Since then, there has not been any further meddling yet by the Obama Administration.
The impending European market conditions may soon change as these countries fail one by one as world economies fall down like a row of dominoes that ultimately collapse the U.S. stock market.  Obama's failed domestic policies are now driving the U.S. economy in a downward spiral into a Recession leading on to a full blown Depression! ~ Who said he isn't another FDR?



Tea Party  - Tea Bag in Capitol Dome.jpg
~  REMEMBER... 
VOTE 2012!  ~

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