Thread: Last 2 years testimony to the harm a President can do

The last two years have been testimony to the harm a President can do to a nation

The Harm a President Can Do

- Alan Caruba
Friday, April 8, 2011

The announcement that Barack Hussein Obama will run for reelection was greeted with little fanfare and less surprise. In order to raise money, he needed to make it official and he was quick to join Rev. Al Sharpton, a man with a dubious history of histrionics, at a Harlem event.

Even with the data available, two years into his first term, it is difficult to grasp how much harm he has done to the nation as its elected leader.

Despite the fact that, until November 2010, the Congress was controlled by the Democrats, he was so busy during his second year that he could not find time to present Congress with a budget. The government shutdown is pure political theatre and should be avoided. If it comes, it will be the result of a political calculation that the President can benefit from it.

Obamacare, the hallmark of his political legacy, is opposed by 26 U.S. States and has been declared unconstitutional in a federal court. The House has voted to repeal it. Hardly a week goes by without finding billions in new costs buried within its pages, all of which expand the size of government beyond imagination.

In two years, the nation has accumulated debt at a rate more than 27 times as fast as its entire prior history since the day George Washington took office. In January 2009, when President Obama was sworn into office, the national debt was $10.627 trillion. Today it is $14.052 trillion and rising.

The leadership that the world has long looked to America to provide has dissipated. The nations of the West, in particular the European socialist nations, have also spent themselves into penury. Portugal is the latest to cry out for help. Greece, Ireland, Spain, all once among the great powers, have drained their coffers with cradle-to-grave assurances that the government would always pick up the tab.

After two years in which every regulatory obstacle, including an illegal “moratoriumâ€

"If that's the damage he can do in 2 years!" God help us if he goes the whole 4!

One 6 page section of ObamaCare yielded 429 pages of regulations after Health and Human Services got thru with it. At that rate the bill will morph to 157,000 pages!

Here is a Peter Schiff video at the Mises Institute from two yrs. ago.

He only gets better. The great thing about looking back at what one said about the future is wether one was right or wrong in their predictions.

Remember 2007 and the predictions of Ron Paul?

This video is well worth the time to watch IMO. It is about 45 mins. long. All of it was worth viewing. If one has paid attention during the last couple of years, this will help make sense of where we are, and where we are going.

Big government is not the answer. Sorry Wonderboy, but you ain't it.

http://www.youtube.com/watch?v=EgMclXX5 ... re=related