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Weekly Address
July 17, 2010
This week, many of our largest corporations reported robust earnings – a positive sign of growth. But too many of our small business owners and those who aspire to start their own small businesses continue to struggle, in part because they can’t get the credit they need to start up, grow, and hire. And too many Americans whose livelihoods have fallen prey to the worst recession in our lifetimes – a recession that cost our economy eight million jobs – still wonder how they’ll make ends meet. That’s why we need to take new, commonsense steps to help small businesses, grow our economy, and create jobs – and we need to take them now. [What I'm not telling you: The lack of credit availability for small businesses is but a minute part of the problem! Far more significant are the taxes and fees they face just to start businesses or to stay afloat. This is sure to intensify when I refuse to extend the "Bush tax cuts" due to expire a the end of this year. Once again, just prior to the midterm elections, I'll use these tax cuts to wrongly blame small business' problems on the previous administration. I've been beating that "jobs creation" drum since my regime was instituted..... even prior to that, back to the time when I was selected to be elected.]
For months, that’s what we’ve been trying to do. But too often, the Republican leadership in the United States Senate chooses to filibuster our recovery and obstruct our progress. And that has very real consequences. Consider what that obstruction means for our small businesses – the growth engines that create two of every three new jobs in this country. A lot of small businesses still have trouble getting the loans and capital they need to keep their doors open and hire new workers. So we proposed steps to get them that help: Eliminating capital gains taxes on investments. Establishing a fund for small lenders to help small businesses. Enhancing successful SBA programs that help them access the capital they need. But again and again, a partisan minority in the Senate said “no,” and used procedural tactics to block a simple, up-or-down vote. [What I'm not telling you: "....that create two of every three new jobs....." This does nothing more than exemplify my dismal performance in the arena of economic management. There has been NO JOB CREATION during this regime! With "jobs saved" impossible to quantify, anything relating to jobs or employment from the various segments of this regime are nonsensical, at best, further proving that selecting a charismatic individual is far more damaging than elected a true leader of an opposing mindset. Every piece of legislation passed during this regime has had/will have little positive effect from the taxpayers' viewpoint. They do nothing more than create more and more unmanagible levels of government while continuing the fascist principle of wealth redistribution. In the Consitution (UGH!!), the House of Representatives is charged with originating all bills with regard to raising of funds and the spending thereof. We've found a way around that cumbersome roadblock: We just whine and cry until some of the congressional fascists pass another porkulus or TARP-type appropriations bill--with no clear spending plan--to be administered by some czar or other, all appointed by me (of course, with Soros' approval). What has gone unrealized thusfar: over 75% of the federal budget is now controlled and administered by those who have never been approved by Congress and who answer to no one but Soros and I. If George would let me speak my mind and if my mind were not clouded by fascist ideology, I'd have to admit that filibustering by the Senate republicRATs is the right and honorable thing to do!!]
Think about what these stalling tactics mean for the millions of Americans who’ve lost their jobs since the recession began. Over the past several weeks, more than two million of them have seen their unemployment insurance expire. For many, it was the only way to make ends meet while searching for work – the only way to cover rent, utilities, even food. Three times, the Senate has tried to temporarily extend that emergency assistance. And three times, a minority of Senators – basically the same crowd who said “no” to small businesses – said “no” to folks looking for work, and blocked a straight up-or-down vote. Some Republican leaders actually treat this unemployment insurance as if it’s a form of welfare. They say it discourages folks from looking for work. Well, I’ve met a lot of folks looking for work these past few years, and I can tell you, I haven’t met any Americans who would rather have an unemployment check than a meaningful job that lets you provide for your family. And we all have friends, neighbors, or family members who already knows how hard it is to land a job when five workers are competing for every opening. [What I'm not telling you: I actually don't know the feeling of unemployment. I've always had political connections to fall back upon in times of crisis. Every 'job' I've had was the product of government featherbedding--from an ACORN community agitator to a lecturer at the University of Chicago Law School--make work jobs, all!! I have heard from several sources that those receiving unemployment benefits wait until the last month before seriously seeking further employment. I've even heard of those on unemployment performing 'under-the-table" work, untaxed, unaccounted for and unavailable for redistribution! The longer these benefits are extended, the more they become like welfare. They destroy self-esteem, self-worth, the demand for success as well as the desire to work--to be productive. This all works into the fascist policy of vote purchasing; much like the last election where I promised the welfareRATs a tidy lil' raise!!]
Now in the past, Presidents and Congresses of both parties have treated unemployment insurance for what it is – an emergency expenditure. That’s because an economic disaster can devastate families and communities just as surely as a flood or tornado. Suddenly, Republican leaders want to change that. They say we shouldn’t provide unemployment insurance because it costs money. So after years of championing policies that turned a record surplus into a massive deficit, including a tax cut for the wealthiest Americans, they’ve finally decided to make their stand on the backs of the unemployed. They’ve got no problem spending money on tax breaks for folks at the top who don’t need them and didn’t even ask for them; but they object to helping folks laid off in this recession who really do need help. And every day this goes on, another 50,000 Americans lose that badly needed lifeline. [What I'm not telling you: Decades ago, when unemployment insurance had a 'life' of 26 weeks or six months, there were far fewer workers who failed to find jobs. In this century, the American worker has been trained to think if they don't find a job "to their liking" the unemployment benefits will be extended--time after time--so they never actually have to seriously seek employment. A major problem in this is the stigma and inconvenience of unemployment has been removed, much like it has with the welfareRAT system. The story would be much different if: once each month, both the unemployeds and the welfarRATs had to report to their respective county clerk's office for paper script signifying a dollar value. All the media and regime whining about the obstructionism of the Senate fails to take THE ONE most important aspect into account: The House of Representatives has been controlled by the fascists since January, 2007!! The House controls "pursestrings;" the raising of money, the spending allocations. There's no possible way to factually continue to bash anyone but the fascists in elective and appointive government.]
Well, I think these Senators are wrong. We can’t afford to go back to the same misguided policies that led us into this mess. We need to move forward with the policies that are leading us out of this mess. The fact is, most economists agree that extending unemployment insurance is one of the single most cost-effective ways to help jumpstart the economy. It puts money into the pockets of folks who not only need it most, but who also are most likely to spend it quickly. That boosts local economies. And that means jobs. Increasing loans to small business. Renewing unemployment insurance. These steps aren’t just the right thing to do for those hardest hit by the recession – they’re the right thing to do for all of us. And I’m calling on Congress once more to take these steps on behalf of America’s workers, and families, and small business owners – the people we were sent here to serve. Because when storms strike Main Street, we don’t play politics with emergency aid. We don’t desert our fellow Americans when they fall on hard times. We come together. We do what we can to help. We rebuild stronger, and we move forward. That’s what we’re doing today. And I’m absolutely convinced that’s how we’re going to come through this storm to better days ahead. [What I'm not telling you: There I go again, laying the blame for all of America's ills at the feet of the wrong faction!! The misguided policies are every politicians 'cross-to-bear,' but the primary responsibility lies with Barney Frank, Chris Dodd and others of that ilk who continue to mis-spend America's fortune willy-nilly, without regard to how all these programs are to be funded. Even I will eventually realize that there comes a time when the national debt will come due; all these massive piles of I.O.U.s will have to be satisfied. The only other result will be national bankruptcy--at the brink of which, we now teeter!! All future financial and economic blather is just that: BLATHER!! It will all be meaningless until America "rights it's financial ship!"]
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