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Name: Mike Silverman
Location: Milford, MA
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OBAMA - EXPOSED


You and I and lot's of ordinary citizens, including those of us who didn't go to Harvard, can see that President Obama's policies are highly flawed, which begs the question of why does he want to continue with a failed approach. We MUST assume that he is intelligent enough to assess the impact of his economic spending thus far. And if he can see that, then there is another agenda at work than "saving" the economy. The question is , what exactly does he hope to accomplish with such a destructive agenda. Unemployment numbers are still rising, the spending of revenues that already are deeply in the red by the government is still increasing for the alleged purpose of "saving jobs" and "restoring" the economy, including the ludicrous notion that government run healthcare will restore economic balance. Obama is fond lately of declaring that he is not interested in running car manufacturers or banks, and yet... he has had a strong and deliberate hand in the creation of new bureaucracies to oversee and control the standards Obama has demanded for GM, Chrysler and Executive pay.  He himself may not be doing the "runnning" of the banks and industries, but his lackeys are, and that makes him in essence doing exactly so by proxy. Again we need to return now to the vital question, since Obama's policies are only destined to make economic recovery slower and more painful for the country... and this he surely knows otherwise we would have to consider him to be a monumental idiot...,  what then is his "real" agenda? There are many possibilities, but my best educated guess based on his behavior is two-fold, first that President Obama believes that Capitalism is the root of all evil in our economy. By putting heavy handed controls and reigns on businesses, banks, and even manufacturers he hopes to create an outcome based solution for investments that minimizes risk and balances dividends in a manner that he sees as fair. He seems to believe that those who invest and lose due to circumstances beyond their control are victims of deciet rather than legitimate risk takers who made a value judgement on thier choice of investment and therefore should suffer no loss for making a poor choice ( for example , buying a home when you can't afford one). However, this viewpoint is broken down along social lines by Obama.  If the investor is a Hedge Fund and the dividends owed to people invested in it has any influence on the fate of any particular blue collar workforce, ( aka: GM...), then the laborer is placed on the pedestal and the investor is demonized. Obama works off of a heirarchy or pyramid chart of who is most important in society. It begins with the common laborer at the top, and ends with the top executives in large businesses at the bottom.  Furthermore, he looks at high executive pay as unfair because he has been institutionalized to the proletariat plight, which in essense rates the low level or blue collar labor force a more valuable contributer to society than the white collar or executive and that one man's salary should be no more or less than another's depsite the contribution. I believe this has been ingrained to his thinking since his earliest experiences, and is proven by his seemingly irrational approach to resolving social and economic problems. So his goal is not common sense free market based solutions,  it is a re-restructuring from the ground-up of the rollercoaster ride that risk taking by it's nature is subject to. This is an approach doomed to failure, but it is a part of Obama's nature and upbringing to pursue it regardless.   The second primary reason he continues down a line of flawed policies is for the sake of loyalty to those who have always been the most supportive of him. The unions, the left wing special interests, the ACLU, ACORN, etc.  Also, those who aided in his rise feel they are owed and I'm sure have made it known to him what they expect in return.

 

- Mike Silverman


 

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IT'S AS BAD AS WE IMAGINED...

  As you recall, in recent months every time a spending program or bill was announced , the market dropped.  Every time Obama or anyone in the senate or Treasury announced plans to prop up industries with TARP, the market went south.  We need to very carefully examine what might be causing a fluctuation or rally, and realize also that consumer confidence is fickle to the point where the wrong words coming out of Obama's or Pelosi's or Reid's or Frank's mouths could send investors pulling back.  Also, companies have plans to deal with drops in market value and plans for boosting sales. Let's not rule out the private sector's ability to take the initiative to turn numbers around.  Recessions historically have rebounds and it would be unfortunate to assume that the governments attempts at socialistic take over of banks and over the top spending on things like universal health care and cap and trade and a litany of other things is what makes an economy sound and raises confidence.  It's rather the opposite.  It remains to be seen what becomes of any rally in the markets and what exactly is moving the consumer indexes. Government intervention tends to make investors frightened, and past moves by the administration and congress proves that wall street does not respond well to them. How, for example, does an investor know if or when AIG ( now AIU? ) is in the black because of sound business decisions or simply because of TARP funds covering thier debts? We may never, EVER, again have any reason to be confident in AIG.  Look at what has happened to the poor shmucks working there. They have been savaged by personal attacks from the President on down to Barney Frank and have had death threats launched at employees. They have had a horrific media blitz that increased in savagery since they were propped up by TARP. The reputation of AIG has been burned at the stake like they used to burn witches in old England, by the very people who said it was too big to fail. This is very sick stuff. Do you think.. right now... that the people who owned and operated AIG are now wishing they had gone through chapter 11?  I think they definitely would have been far, far better off and I think they all know it.  I think there's a real question mark on the Obama administration now as to whether Obama et-al actually knows what they are doing or even cares what happens in the markets. Yes, we have to wonder. Does the behavior and approach of this administration really show that they have any concern about the market? Looked at realistically, the answer is no. The goal of the administration seems to be obtaining and holding the power to micromanage the country's economy regardless of who it crushes in the process so that IT can decide what is fair and who the winners and losers in our society should be.  It is a totalitarian approach to central planning that has got to be making quite a few Obama voters scratch thier heads as they ask themselves, is this really what we voted for?
 
- Mike Silverman, Milford MA
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JUST GO AWAY....

If you are angry about the bonuses paid to AIG executives, then go away and read something else. What follows here is not for you. If you pump your fist and say "yeah!" when you hear Barney Frank, or Nancy Pelosi or Harry Ried or Barack Obama rant like whining little brats about how unfair and greedy private business is, then please just ignore this and go back to drinking your unemployment checks or smoking your welfare payments. You are beyond help. Let's pause for a moment and try to understand why anyone cares about the word "bonus" and how it relates particularly to AIG.  "Bonus" is a great word for demagogues to beat on with thier ugly sticks. When you hear the word "Bonus" it has the implication of something "extra" given to someone for performance above and beyond the call of duty. But, in the world of business, which a lot of people are not savvy to... it can mean a lot of different things. Instead of the word bonus, let's substitute the words tax payment. With AIG, it is basically the same thing. Salaries there are being met with the help of your tax money. A lot of people don't like that to begin with. I'm one of those people. But  in a practical sense what exactly is our tax money enabling AIG to do?  Our tax money is, among other things, enabling AIG to secure the insurance policies of businesses all around the country and the world, so that they can cover thier potential liabilities and function and provide services to you and me. To some degree a rather useful purpose. But, I wasn't asked if I thought AIG's crumbling finances should be propped up with the money that comes out of my paycheck. No one was asked that. So let's turn the video camera away from the smooth glass and steel tower of AIG that so often has been featured in the news media for a moment, and pan across the United States congress. Let's pan way, way back to a point where the entire floor of the House of Representatives is in view. Now let's do a split screen.  Another camera in the Senate is now panned way back to show you the entire Senate floor on the right side of your screen. And let's have a rolling tag line under the image keeps us updated on what the President is doing. There, in those two bodies of legislature and in the executive office, are the biggest, boldest, most outrageous peddlers of deciet and treachery this country has ever faced. And they have all gotten bonuses, every last one of them, from your tax money. But they don't want you to know that.  They would rather have you angry at AIG executives, because it takes your attention away from the hideous, overstuffed bonuses all those Representatives and Senators in congress have stolen from you. Earlier while talking about AIG I said, lets substitute the words "tax payment" for the word bonus.  Now, lets substitute the word "Earmark" for the word bonus. Same thing, but far, far more insidious. The executives at AIG who recieved salaried bonuses covered by tax payments had a contractual agreement to recive that specific amount of money as compensation for doing specific work.  But your state Senator, your state Representative... makes no such deal with you.  They take thier bonus money from your paycheck without restraint, without asking your permission, without the requirement of performing specific tasks in return for it, without having to explain it to you, without having to ever acknowledge that they took it. In fact sometimes we don't find out till much, much later exactly how much bonus money they took for themselves in form of earmarks, and exactly what they spent it on, because they try to hide it, bury it deep..., deep inside of innocent looking bills, like pirates burying thier stolen treasure in a deep hole on some deserted island hoping to keep it from  prying eyes. But what happened recently?  You started noticing.  You started catching these pirates stealing your money and burying it away for themselves. And that made you mad. Pirates don't like angry mobs. Angry mobs scare them because an angry mob might decide that they don't want these pirates around any more and might kick them off thier ship. So what did these pirates who stole bonuses for themselves in the form of secret earmarks do?  They formulated a plan to divert attention from thier thieving ways. They gave away your money to a legitimate business that was failing , to make themselves seem like good guys, like the mafia boss who gives a little of his ill gotten blood money back to the poor people in his neighborhood to make himself seem like a hero. And these pirates made you hate the legitimate business for using the money they gave them to save them. They played you. Obama's trying to pull off a mock triangulation routine but it's not going to work. He can't put himself above a fray that he created. He was out there the other day berating congress and saying he's just trying to fix problems he inhereted. Obama has two stage props that he uses wherever he goes. The Teleprompter and the Bush Administration. That way nothing is his fault, and he doesn't have to remember anything he wants to say. You notice how perturbed Obama gets when a press corp memeber tries to ask him a tough question? Obama is like an infant. He's a little toddler that all the adults think is cute and adorable and who fusses and wets his diaper anytime he's given the least little pressure from anyone in media. His teleprompter is his security blanket, our taxes are his pacifier, Pelosi is his mommy, Reid is his daddy, and Barney Frank is is strange cousin from Boston. I have not seen any signs of real leadership from Obama. His brain was injected with the folly of liberal hate throughout his formative years and we now have a liberal infant filled with hate for wealth and an attitude clearly... very very clearly ... in which he feels that he is a superior bieng to anyone who has personal wealth, which he currently defines as anyone netting over 250K. He is the essence of untaintable purity in his own mind and he is bent on cleansing the infection of wealthiness from our society. He believes there is integrity in the failure to achieve, purity in poverty, and that the only "good" folks are those who are forever struggling to make ends meet. But if you make it, he'll take it. If you achieve, he'll relieve you of your money. Looks like his poll numbers are slipping, so it's off to have a few laughs with Leno and tour the country like a one man stand up comedy act or the Michael Jackson of politics trying to redeem his image by standing around for press cameras in some cool shades and blowing kisses to the crowds.  This is our President? Do we really need this? Sheesh.
 

- Mike Silverman

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