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Weekly Address
January 1, 2011
Hello, everybody. As we close the books on one year and begin another, I wanted to take a moment today to wish you a very Happy New Year and talk a little bit about the year that lies ahead. At the start of 2011, we’re still just emerging from a once-in-a-lifetime recession that’s taken a terrible toll on millions of families. We all have friends and neighbors trying to get their lives back on track. We are, however, riding a few months of economic news that suggests our recovery is gaining traction. And our most important task now is to keep that recovery going. As President, that’s my commitment to you: to do everything I can to make sure our economy is growing, creating jobs, and strengthening our middle class. That’s my resolution for the coming year.
[What I'm not telling you: This 'once-in-a-lifetime' recession has been excessively exacerbated by the actions of my regime! After I whined, pissed and moaned-President Bush cajoled the Congress into rushing the TARP program through that body at a 2010 revised cost of $356 Billion; then the American Taxpayer was forced to suffer the ill affects of the $787 Billion PORKulus bill. As if that weren't enough financial humiliation, you were then subjected to my $275 Billion housing 'rescue' proposal!! George (SOROS), myself and the shadow government all agreed; this excessive spending and debt incursion was absolutely necessary if we are to make continued socialist inroads into the current constitutional government. The SOROS' shadow government, the obama Handler Group, my regime's shadow government all agree that to realign the government to a socialist/fascist mindset, the excessive spending and debt run-up is quite necessary to bring the 'official' government to it's knees-whereby we can then institute more fascist policies to 'rescue' America from all this debt.
(Note to Self: At some future blather opportunity, explain both the similarities and differences between the regime's shadow government and the Soros shadow government.)Just 'obamaCare' alone will generate $2.5 Trillion in future expenses while doing next-to-nothing in providing better or more wide-ranging healthcare coverage than the previous private sector offerings. Other federal costs the American Taxpayer will be subjected to-but has not yet considered:
- $26.2 Trillion: Estimated debt in 2020
- $13.6 Trillion: Current National Debt
- $3 Trillion: Debt I've crushed America with since my 'selection for election.'
- $868.4 Billion: Debt America owes to China
- $831 Billion: Interest Payment (ONLY-No consideration of principal) on debt In 2020
- $1.23 Trillion: Debt in 2009 (The highest debt in history)
- $144 Trillion: Future total US unfunded liabilities.
- 143%: Future gross debt-to-GDP ratio.
- $2.5 Trillion: The actual costs of obamaCare.
- $575 Billion: Amount obamaCare will remove from Medicare.
- 222: Number of waivers given to companies so the "Clown Prince" and Soros could avoid people knowing obamaCare would cost them their health care insurance.]
Still, even as we work to boost our economy in the short-term, it’s time to make some serious decisions about how to keep our economy strong, growing, and competitive in the long run. We have to look ahead – not just to this year, but to the next 10 years, and the next 20 years. Where will new innovations come from? How will we attract the companies of tomorrow to set up shop and create jobs in our communities? What will it take to get those jobs? What will it take to out-compete other countries around the world? What will it take to see the American Dream come true for our children and grandchildren? Our parents and grandparents asked themselves those questions. And because they had the courage to answer them, we’ve had the good fortune to grow up in the greatest nation on Earth.
[What I'm not telling you: The further 'out' one looks, the more dismal the picture becomes!! The financial information in the paragraph above should bring on heart attacks, strokes and general poor health; just what we told you obamaCare was enacted to deal with. Just as when you mismanage your credit card; the federal government will eventually be 'up against the wall'; unable to continuing borrowing to fund on-going operations or finance the escalation of the ever-growing social engineering my regime so enjoys!! Against George's better judgement, I was forced--during the 'ruptured duck' session of Congress--to admit that cutting taxes spurs economic growth. You have no idea how bad the taste in my mouth after that admission!! I look for the republicRATs in the upcoming 112th Congress to force me into several conservative 'admissions' as they force the 'Tea Party' agenda onto the shadow government. Now that I've admitted that keeping the "Bush Tax Rates" is in the best interests of the country and the economy; by extrapolation it only stands to reason that any reduction in the corporate income tax rate will increase all manner of positive economic activity-manufacturing, retail sales, transportation, warehousing, inventory increases, all areas!! The current corporate tax rate is--in most cases--39.25%; the SECOND HIGHEST ON THE PLANET, just minuscularly behind Japan at 39.54%!! Is it no wonder that corporations have been fleeing The United States in droves for the past several decades?!?! As an example, Ireland has long been known as a business 'haven' and their corporate is--by comparison--a meager 12.5%!! Canada, Germany, New Zealand, Spain, the UK, Italy, Switzerland, The Czech Republic and Iceland have all reduced their corporate tax rates, ranging from -0.1% to -8.7%!! If George Soros could be convinced to support (read: ALLOW) a reduced U.S. corporate tax rate, the former American companies would be fighting each-other to be the first to return to the American shores; the numbers of new companies to the American business scene would be astounding!! The influx of new tax monies into the federal treasury--for the requisite 'pissing-away'--would be equally astounding, even given that the United States' tax code is not written for income to the treasury--but for economic and political control!!]Now it’s our turn to think about the future. In a few days, a new Congress will form, with one house controlled by Democrats, and one house controlled by Republicans – who now have a shared responsibility to move this country forward. And here’s what I want you to know: I’m willing to work with anyone of either party who’s got a good idea and the commitment to see it through. And we should all expect you to hold us accountable for our progress or our failure to deliver. As I’ve said since I first ran for this office, solving our challenges won’t be quick or easy. We have come through a difficult decade; one of new threats and new trials we didn’t expect when it began. But a new year and a new decade stretch out before us. And if we just remember what America is capable of, and live up to that legacy, then I’m confident that we are poised for a period of progress – one in which our economy is growing, our standing in the world is rising, and we do what it takes to make sure America remains in the 21st century what it was in the 20th: the greatest country in the world.
[What I'm not telling you: It was 'suggested' that I act and look "conciliatory!" Remember, during the recent "Campaign of Fluff," when the vast majority of the public fell 'hook-line-and-sinker' for the half-truths and outright lies I spewed?!?! I still hold to those statements; looking 'conciliatory' is just going to be just that: a look! I have no intention of "working with" anyone--obamacRAT or republicRAT. I don't think it will be necessary to give in to the House's demands; They won outright, in November and already they're compromising. They're going against the very demands of the 'Tea Party' movement--those of less spending and smaller government--and the new members haven't even been sworn in yet!! This will actually be fun; being of the Ruling Class and cramming my 'will' down the republicRAT throat!!]
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