Random thoughts

I have a few thoughts about Obama's speech. While this post will be large, each point will be short and simple.

First off, is concerning Obama's following comments: "And that is the responsibility to ensure that we do not pass on to them a debt they cannot pay"....Followed by the partisan line "With the deficit we inherited...."

A half truth is really no truth at all. Lets take a deeper look.

1) Obama is slamming the idea of deficit spending as one that is not sound but crazy. He is ready to point the finger at the Bush administration, but all the while the Obama administration is continuing on with even more deficit spending. To be correct, this is the largest spending ever which will bury our children and grandchildren in debt. He can point the finger at Bush as he deserves it, but don't turn around and do the same thing. That just makes you a hypocrite.

2 ) Obama must remember that the deficit he inherited was with a Congress controlled by Democrats for the last couple of years. The deficit grew with the approval of the $700 billion TARP. It was supported by the Democratic controlled Congress and by Obama himself so this deficit was not only by Bush's design. TARP would have been approved regardless of who was in the White House.

I am not saying that the last two years caused all of this. I am merely giving the other side or view point. When Obama uses the phrase "the last 8 years", he must remember a Republican Congress was there for 6 of those 8.

3) Obama asserts the federal government should be the driver of pulling the U.S. out of the recession. He asserts that we need to grow the federal government, but guess what....the federal government did grow under Bush. In fact, USA today reported that spending on social programs, from education to veterans health care, rose faster under Bush than at any time since the 1960s. Federal spending under Bush's administration doubled the federal spending of the Clinton administration.

If federal government is the answer, then why didn't Bush's spending pull us out of the recession by now? The nearly $1 trillion spending bill was a big payout to Democratic supporters such as big unions, ACORN, Global warming wackos and etc. It had little to do with stimulus.

4) Obama stated that things would have gotten worse if the spending package was not approved. However, the Congressional Budget Office (CBO) contradicts this claim. The CBO actually says that the stimulus package will actually have a negative affect in the long run than if he did nothing at all. The CBO said the stimulus package will help in the short run but in the long run there would be so much government debt that it would crowd out investment in the private sector thereby lowering GDP.

5) The claim during his campaign that 95% of working families will receive a tax cut is slick talk. When more than 40% of Americans that don't pay taxes to begin with receive a tax cut, this is called redistribution of wealth. How can you take out from what you didn't put in to? Is it fair to take from others? There are hard working people who pay taxes but are being robbed of their hard earned money by giving it to others who didn't put in.

Now people may be tired of hearing the word "socialism", but this is not socialism. Socialism is where all people work for the common good. Obama's plan is where some people work for the rest of the population. This is much worse.

6) The claim that tax cuts go to the wealthiest two percent is a half truth as well. What people don't talk about is the fact that approximately 10% of the population pays 80% of the taxes. But those of us who pay more taxes, use the same roads, get the same service from police officers as those that don't put in at all. I would say that those top 2% deserve our admiration rather than our scorn.

I have much much more to write, but this blog would go on forever. I hope that people find this information as power to see through half truths and lies.