Showing posts with label bailout. Show all posts
Showing posts with label bailout. Show all posts

Tuesday, December 19, 2017

Why Obama and Hillary Clinton deserve the credit for stock market records

The DOW has soared 5,000 points since Donald Trump took the Oath of Office. We're on the cusp of hitting the 25,000 mark any day now.

President Trump is trying to take the credit for these record gains but we all know that it's former President Barack Hussein Obama who gets the credit and, believe it or not, Hillary Rotten Clinton.

Here's why:
1. In the eight years since Obama was sworn in, he has run the economy into the ground. The national debt increase $9 trillion. [If you want to know how big a number that is, if you counted to one trillion at one second per number, it would take you 31,710 years to finish. Now multiply that by 9!]
2. The Middle East was shredded with the creation of ISIS due to Obama's policies and his "leading from behind."
3. Obama put our tax money into failed companies such as Solyndra and bailed out the auto industry and other companies with our taxes. He even bailed out private equity landlords at the expense of the middle class.
4. The unemployment rate remained high under Obama and job growth remained relatively low.
5. Hillary Clinton lost the 2016 presidential election. She would have gone even further to the left had she won.
So Obama and Clinton deserve credit for the confidence the market has with the current administration. Sure, Trump is planning to reduce taxes for businesses, the middle and upper class, but you have to consider how much the former President and former incompetent secretary of state had on increasing confidence in the economy under President Trump.

President Trump simply rode their coattails.




Saturday, September 10, 2011

If Liberals Had Their Way

Imagine the future where liberals totally get their way. All the laws Obama is calling for, all the changes in the way we live, imagine he gets them, carte blanche.

Vroooooooooooooooom
Picture the FBI chasing a suspect--a car chase, just like in the movies--except the FBI is equipped with environmentally friendly, green cars, Chevy Volts. These hybrid-electric cars were touted by our president as the wave of the future. Obama even had GM, the company that builds the Volt, bailed out, bought and paid for by the federal government. They now own the company.

"Can you still see 'em back there?"
Now imagine that the car chase along an interstate highway that stretches for miles.The Feds are trying desperately to chase down a gas-driven car; a muscle car like a Mustang, and the Mustang is outrunning the FBI to the point that the feds look like they're standing still. This is because the Volt, a car costing about $40,000, can do about 100 mph downhill while the Mustang GT 5.0 liter V8 with dual overhead cam with its 412 horses under the hood, can still get a speeding ticket for every mph they can do above 100.Got the picture? Are you laughing yet?


But the FBI agents and the President of the United States of America, can laugh at the thugs in the Mustang, because while the Mustang GT can get 26 miles per gallon on the highway, the Volt can get a staggering 93 miles per gallon under optimal conditions. If the Mustang crew stays on the highway until they run out of gas (assuming they don't stop for a fill-up), the FBI will catch them, if these thugs will be patient enough to wait the several hours it will take to be overtaken.


Iran Discovers U.S. Navy Has Opinions About Being Shot At With A Tit-for-Tat

TEHRAN, IRAN : Iran apparently learned an important lesson about international diplomacy Saturday after the United States responded to Irani...