Upside Down Mortgage

Obama Mortgage Relief 2009

Question: Does Obama Know What He's Doing?

The furor over the huge federal spending under President Obama - a $1.75 trillion deficit, 13 percent - obscures an even more basic question: Does he know what he is doing?

That is, does he know how to do anything other than spend?

His stimulus package, of course, took no special ability: He left the details to Democrats in Congress. But his two other major initiatives - his banking and mortgage-relief plans - are both flawed and unlikely to solve their respective problems.

Indeed, they're so wide of the mark as to prompt questions not of Obama's ideology but of his basic competence.

The bank-bailout plan seems to be largely stillborn. Having wished that the private sector would flock to invest in toxic assets if offered the right incentives, the Treasury secretary is still hoping. Crossing his fingers seems to have replaced effective policy in his planning.

http://www.realclearpolitics.com/articles/2009/03/boggled_obama_can_president_ge.html

Answer: Barack Obama, and his liberal henchmen, are preparing the US for our transition into socialism. He knows that his ENORMOUS increase in GOVERNMENT spending will do nothing to stimulate our CAPITALIST, Business run, economy. He doesn't expect it to help businesses at all, he expects it to decrease the population's trust of our free market economy so that we will run to the Feds with our tails between our legs. Once our economy hits rock bottom, Messiah Obama will swoop in and "save us" with a "New new deal". Obama seeks the same power over our economy that his european counter-parts enjoy over theirs.
So yes, Obama knows exactly what he's doing.

America is not socialist and hopefully never will be.
We need to oust this would be tyrant ASAP

Speech at the Boston Tea Party April 15 2009 Boston

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