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Showing posts with label Green Energy. Show all posts
Showing posts with label Green Energy. Show all posts

Thursday, April 4, 2013

Obama Campaigns While His Policies Turn To Shit


Mr. Obama is back on the campaign trail. As if he ever left. He’s out giving speeches on topics from Gun Control to Gay Marriage to mapping the human brain but answers no questions about ANYTHING. This may be because his national media support team doesn’t ask them or that NOBODY is allowed to ask questions.

But there he is, flying all over the country still.

But it’s all just more distraction, more redirection and more subterfuge for the Obama regime because the last thing President Obama wants to talk about is his policies because NOT ONE of his policies that he and his Leftist ilk has pushed through Congress to become law.
These are the LAST things that the president wants to talk about.

“Look! Over there! It’s North Korea! Aaaah! Look out! They mean it this time, they’re going to do something baaaad! Hey but wait, all these kids got shot in Newtown, Connecticut. We gotta doooo something right now! It’s baaaad! This is a national CRISIS! This is IMPORTANT!”
But the real crisis is that the much trumpeted “Recovery” is not a recovery at all but a failing attempt by big government at slowing the economic death spiral that it's tax & spend policies has put the U.S. economy in. It continues to spend money the nation has yet to earn while getting nothing in return.

The quick rundown of just some of Mr. Obama’s campaign themes:
The Stimulus has been an expensive failure. Just on its surface it could never gain ground on debt because it increases debt. How can you produce ANYTHING when you’re expanding debt? It makes no sense.

Green Energy has also been a colossal and expensive failure. Green Power is pricey power. Look at the Cape Wind project that was going to be built off the coast of Massachusetts. It was all a rosy picture until we found out what it was going to cost the public when/if it went on line. Boom, gone! No more Cape Wind. The Obama government has been losing millions in taxpayer funds in it's gamble of picking economic winners and losers in energy production.
If there is a single major reason that the economy is not recovering but in fact going backwards, it's ObamaCare.  Any gains that may have been made would be offset, or rather, overwhelmed by the incremental increases brought about by the Lefts National Health Care initiative. What business is going to hire workers when they don't know how much they're going to cost from year to year? ObamaCare makes people more expensive to hire and keep every year when they should be finding ways to make them less expensive so they can be hired and so that business can be compeditive on the global marketplace. The source of this great expense has not been wages but government intervention in the healthcare industry. There isn’t enough money in the world to make Socialized Medicine work.  Just by the nature of it, ObamaCare could never work. Unfortunately it will cause a lot of pain on its way down the “Failed Socialist Ideology” toilet of history.

Gun Control can never work. Sure kids got shot but kids get shot every day in our inner cities and nothing, you hear nothing. This is because those deaths are a result of government mandated prohibition that keeps drugs illegal and therefore firmly in the hands of an increasingly violent underground economy and murderous terrorists. Who wants to talk about that? Certainly not the president.

Obama’s support of Teachers Unions has been a dismal failure since most of his Stimulus package went to them instead of his much touted Shovel Ready jobs. Remember those? Mr. Obama apparently does not.

The list can go on. There's the Public Union Pension Liabilites that are crushing state budgets across the nation and the Federally mandated funding of Medicaid and Medicare which were mistakes right from the beginning.
And so far it’s all held up by printed or borrowed pieces of worthless paper.

But the message we get from Mr. Obama? “We can do better!” What does that even mean?
President Obama may be able to defy Congress. He may be able to defy the Supreme Court.  He may be able to defy the U.S. Constitution and the will of the American People. But the one law the President won’t be able to defy is the Law of Gravity. Because of his either purposeful or misguided direction, these debts our government is piling up will fall due and when that happens, all the money will turn to shit just like Cyprus.

Everything the Obama Regime has put through has caused hardship, shortages and pain for the general public of the United States. There is more poverty, more people out of work, more people on food stamps and more people in the streets than at any time in the Baby Boomer era. We as a nation are in the most debt ever run up by government.

And nothing is going to be done to address it because government is out of bricks to kick under their various pyramid schemes that they've used to buy votes since the 1950s. There are no more fixes and no more money to throw at them. We as a nation are insolvent.

So when you hear the sound-bites circulated on radio and TV, just keep in mind that that is all you’re ever going to hear. There will be no questions, no answers and certainly no candor or truth.
But the truth is, this nation is in a heap of trouble.

Wednesday, October 17, 2012

Obama Doesn’t Understand Business


Each debate paints a more cohesive picture in regard to President Obama's business acumen.

He has none.

It’s clear he doesn’t know the difference between Chapter 7 and Chapter 11 of the U.S. Bankruptcy code. And neither do many of the people who will vote for him again as president.
The President didn’t “Save” General Motors. General Motors filed Chapter 11, a legal motion to restructure its debt and to reach new agreements with its creditors and contracts with its unions. The only change that occurs is the terms of the company’s debt and so business continues. The company does not get liquidated and disappear. So to say the government saved General Motors is not the truth. What the government did by buying into GM was to save the GM Union from having to take a step back from the crazy money they make and the sumptuous benefits they enjoy. And all at the expense of the people who invested their money in the company. It's the GM shareholders: retirees, town governments and regular people, who got the shaft on their investments when the government voided their stock holdings. This is what the Obama administration did. And General Motors, despite of what you may hear, isn't out of the woods as far as it's solvency is concerned, they still have a flawed business structure which it has yet to address.

President Obama is counting on the American people not to know the difference between Chapters 7 and 11 also.  
But other aspects of the economy and business seem to either elude or just doesn’t have an effect on the President’s policies toward a vibrant economic recovery for the nation.

Regulating business: The cost of doing business in this country is high. There are permits and restrictions on business, some good and some bad but all cost money and contribute to overhead.

And who bears the costs of compliance with all these State and Federal regulations? The businesses themselves, of course. All businesses have to hire their own people to make sure that they are in compliance with all the articles of regulation and tax that they are responsible for.  There is no write-off for these expenditures. They're expenditures.

It's not just an issue of good business practices, some of these regulations are out of control like the Americans with Disabilities Act which almost closed every public pool in the state of Massachusetts this Summer before it was put on hold, required all public pools to have a lift to transport disabled people into and out of the pool. A nice idea but so costly that the pools had decided that it was better to just close. The requirement has not gone away, it’s just on hold. There is also the provision in the ADA that requires public buildings to have elevators if there is a second floor. Elevators are very costly to purchase, install and maintain. This is a prohibitive sum in purchase and maintenance costs.
There are also permits, insurance, certification and licensing to starting a business that have become a burden to the point that many businesses cannot become legitimate in the eyes of government and remain thus restricted and under the table.

Then there are the taxes. The Federal tax rate on business runs from 15% to 35%. Then there are the State taxes, local property taxe, taxes on income, sales and even exise taxes on unsold inventory. There are taxes on utility bills, phone bills, shipping and purchasing. Add to that unemployement taxes, workers compensation taxes and the cost of offering a subsidy for health insurance for employees.
All this contributes to a businesses’ “Overhead” or the cost of doing business before they collect a penny in sales.

Currently the climate for American business is bad based on all of the above.

The more overhead, the less profit. The less profit, the less expansion. The less expansion, the less hiring. The less hiring, the less payroll and income taxes that are collected. It is an inevitable downward spiral of Socialism. There is no balance, only eventual failure.
Mitt Romney has proposed to drop some of this overhead. Obama isn’t on board with that right now, he's got a big government to feed.

President Obama believes if the government buys enough Chevy Volts that General Motors will become solvent. He also believes that if the government spends enough money, the economy will turn around. They also believe that by the Federal Reserve purchasing mortgage debt with printed money and deficit spending, that this will help lift up a sagging economy.
Does anybody believe this will happen?

The more taxes and fees go up, the more businesses that will close under the pressure and the less money gets collected. The government; Federal, State and Local have many mouths to feed. If tax revenues fall, these governing bodies will have to start letting some people go.
This they should understand.

With the governments faith in the so called “Green Business” to the tune of handing out hundreds of millions of dollars in support money starting to show real collapse and failure, one can draw the clear conclusion that government interference in the marketplace is never a good idea.
This particular failure falls squarely on the shoulders of the Obama administration.

In order to support business one must know what it takes to run a business and there are few in the current administration that have done that. Secretary of the Treasury Tim Geithner is one and President Obama is another. Vice President Joe Biden is yet another. Together they have zero business experience, being mainly long time bureaucrats, and it shows in their understanding of the country’s economy and business atmosphere. This is not an encouraging scenario.
And here we are. Do you go to the guy who’s had a business for a job or do you go to a guy who’s never had a business and who’s only jobs were on the public payrolls?

So what’s the answer?