All hail, Obama! The Nation Killer!

Obama, The Nation Killer

By Alan Caruba
Sunday, July 25, 2010

The unemployment rate keeps climbing and the polling results for the President and Congress keep falling. Conservatives are well aware that the Obama administration has relentlessly pursued legislation harmful to the economy, but just how bad it is and how bad it will become in 2011 may not have sunk in fully for the public in general.

Nothing among Obama’s legislative agenda and executive orders has done anything other than push the nation more and more toward bankruptcy. Perhaps the oddest aspect has been the action of the Federal Reserve which is, in theory, an independent entity. Suffice to say, it is pursuing policies that reflect the same disastrous actions that prolonged the 1930s Great Depression. Not surprisingly, Fed Chairman Ben Bernanke has pronounced the outlook “unusually uncertain.â€