Rajjpuut's Folly: Obama Aims to Imitate Spanish Green-Economy Model


"SIGH-PIE-B" R Us? Euro in Big Trouble
Take a closer look at the economies of eight European countries since the Greek bailout by the European Union (EU) and International Monetary Fund** (IMF). Specifically examining, Spain, Italy, Greece, Hungary, Portugal, Ireland, England and Belgium -- the lot of which can be abbreviated “SIGH-PIE-B” – gives one a sad, sad view. Belgium and Hungary are the latest to disappoint and still have hopes. England also could make it and avoid bankruptcy and fiscal collapse, if they get out of the European Union (and their currency is still separate). But let NOT Americans get too complacent.
The Debt/GDP ratio (Gross Domestic Product) which we Americans are burdened under is worse than seven of these eight troubled nations (all but Greece). Additionally, our Federal Reserve Chairman Ben Bernanke has inflated our circulating currency to a level fifteen times where it stood in September 2008. Since our president is also willfully adopting policies far worse than any of these countries now have in place and is confounding and obstructing our economy’s chances at recovery by leaps and bounds when will we here in the United States suffer their fate?
If we didn’t have an extremely resilient capitalist economy as our foundation and a relatively low level of unionized labor, we’d already be feeling much of the pain Greece has suffered, but Barack Obama’s moving quickly to cure us of those impediments to financial Armageddon . . . .
Right now one of the great anomalies, and the only thing keeping the Obamunistic American economy afloat is the fact that 98% of people who look at investing in the dollar see a mysteriously rising currency . . . more fools they. Because conventionally people only compare the Dollar to the Euro and vice-versa . . . investors worldwide are not seeing the obvious and clear collapse of the once mighty dollar right befor our eyes but only an artificial bull-market in the buck which is all that’s keeping us afloat. And where, pray tell, should they be looking? They'll undoubtedly soon look at gold, look at platinum, look at palladium, look at silver, look at copper and pretty soon start looking at the prices of ALL commodities such as food, gas, electricity, electronic goods, etc.
When the true nature of the inflating dollar and the weakness of the American economy starts to become obvious, say about September . . . the Chinese, Japanese, Russian, Korean, Indian and Brazillian investors holding rapidly devaluing greenbacks will sooner or later come to their senses and start buying up hard currency, oil and precious metals with dollars and the Obama daydream will vanish into thin air as funds loaned to us by other countries will become very expensive (say at 10-12% interest). Not satisfied with this state of affairs, however, Obama is seeking to inflict the coup de gras upon our troubled economy with “America’s Power Act,” a slimy euphemism for cap and trade or cap and tax legislation.
The quickest collapse in Europe happened to Spain, which was the poster boy for European economic-soundness around ten or eleven years ago with a booming economy and a miniscule 3% unemployment rate. Spain then, however, adopted a green-jobs^^ economic policy and now has 21% unemployment and is rapidly moving toward Greece’s level of unsoundness. Just two days ago, Barack Obama praised the green economy of Spain and said he intends to “break our dependence upon oil once and for all" (not foreign oil – but all oil). Yep, SIGH-PIE-B R us!
Ya’ll live long, strong and ornery,
Rajjpuut
** $70 Billion from American Taxpayers went into the Greek bailout fiasco
^^subsidizing each green job cost $677,000 in dollars on average and cost 2.2 real jobs from the wider economy; most were temporary; only 10% proved permanent; pay typically ran from $10-$14 per hour . . . . The sad end result : 22 real permanent jobs were lost for every permanent government-created green job and green-tech is actually marginally better in Spain than it is here in America. Green jobs killed Spain. The current Spanish slang term for curse words is not “4-letter words” as Americans say it, but “palabras verdes” . . . green words.

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ALERT ALERT

Joe Biden Vows: Give Taxpayer-Funded Obamacare To All Illegal Aliens In U.S.

Former Vice President and 2020 Democrat presidential primary candidate Joe Biden is vowing to give Obamacare, funded by American taxpayers, to all 11 to 22 million illegal aliens living in the United States.

During an interview with Telemundo’s Jose Diaz-Balart, Biden forgot that Obamacare technically bans illegal aliens from enrolling in healthcare plans — although illegal aliens are still able to obtain subsidized and free healthcare at Americans’ expense — and promised that under his plan, all 11 to 22 million illegal aliens would be able to get Obamacare.

The exchange went as follows:

DIAZ-BALART: When I … NBC moderated that first debate with you, I didn’t … I don’t recall a clear answer, under your plan should … would the 11, 12 million undocumented immigrants that live in the United States, that have been here many for generations, would they have access …

BIDEN: Yes.

DIAZ-BALART: — to health insurance.

BIDEN: Yes, they … if they can buy into the system like everybody else.

DIAZ-BALART: Because you know, in [Obamacare] they can’t.

BIDEN: Yeah. Yeah, I know. Well they can, that’s my point. They continue to be able to do that.

DIAN-BALART: They cannot under the ObamaCare.

BIDEN: Well and that’s my point, they will though. They will be able to buy into … [illegal aliens] would be able to buy in, just like anyone else could.

Biden joins Sen. Bernie Sanders (I-VT), Sen. Elizabeth Warren (D-MA), and South Bend, Indiana, Mayor Pete Buttigieg — among other 2020 Democrats — in committing to forcing American taxpayers to pay for healthcare for illegal aliens who arrive in the U.S.

Already, due to loopholes, American taxpayers are spending nearly $20 billion every year to provide illegal aliens with subsidized healthcare, emergency room visits, and other health services.

Under the 2020 Democrats’ plan to provide taxpayer-funded healthcare to all illegal aliens living in the U.S., Americans would be billed potentially $660 billion every decade just to cover the costs. Other research has found that the plan would cost Americans at least $23 billion every year.

As Breitbart News has reported, experts have said that giving taxpayer-funded healthcare to effectively all foreign nationals who can make it to America’s borders would drive “strong incentives for people with serious health problems to enter the country or remain longer than their visas allow in order to get government-funded care.”

Despite 2020 Democrats’ continued push for taxpayer-funded healthcare for illegal aliens, American voters are overwhelmingly opposed to the plan. The latest Wall Street Journal/NBC News survey revealed that the healthcare-for-illegal-aliens plan is the least popular policy position, with opposition from 62 percent of U.S. voters.

Similarly, a CNN poll from July discovered that 63 percent of likely swing voters oppose providing healthcare to illegal aliens, along with nearly 6-in-10 of all likely U.S. voters and 61 percent of moderates. A Rasmussen Reports survey also found that likely voters, by a majority of 55 percent, oppose giving healthcare to even the most low-income illegal aliens.

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