Valarie Jarrett is Barack Obama’s and Michelle Obama’s most trusted and close advisor in the Whitehouse. She is saying on June 21, 2011 that Obama’s main tool for job creation is massive stimulus as documented in the article referenced below. We know that this stimulus concept is just about the only tool that Barack Obama believes in, he did this last year and it was a colossal failure. So listen tonight when he presents his plan, you will not hear the word stimulus, but that is the centerpiece of what he will present. They don’t want to mention stimulus because as Nancy Pelosi says this week, that word is not to be used.
So they will re-script the stimulus I suppose into some other more acceptable terms like investment in schools, investment in infrastructure, new retro-fitting of buildings nationwide (All Union Contracts by the way), new approaches in job security like expanded unemployment extensions, and expanding training programs for the unemployed (a treasure trove of nonsense) and higher taxes will most likely be on his agenda as well which will also kill jobs. Apparently Representative Pelosi feels that the Republicans and Tea Party people have ruined the word stimulus. Because Obama is only able to think through use of stimulus they have to rename and disguise it as something else. We are talking at kindergarten level here, that is what this boils down to. Do the same failed things but call it something else just to get the Obama Team hands on the money….that is what they are all about. Then they shovel the money out to their favorite co-conspirators in creating debt and seeing the money reward their voting for Barack Obama. The money goes to local groups and governments across the nation and it becomes impossible to audit exactly what impact and where it all goes. It is all about Barack Obama, every single cent, and this allows Obama Team members to fund what ever they want, to work around Congress in most instances. This is the way he funds his Executive Orders as well, which is also by-passing Congress and the will of the American people. We now have new unionization rules that will ruin many small to large businesses and kill jobs, we have new immigration programs that will exclude European and Far Eastern immigrants in favor of illegal’s receiving special treatment to become Citizens and voters for Obama.
http://www.huffingtonpost.com/earl-ofari-hutchinson/exclusive-interview-with-_4_b_881004.html
A by-product mentioned on CNBC Squawk Box this morning, in anticipation of Barack Obama’s speech, the global finance Ministers are scrambling wondering how to protect their currencies, their investment apparatus (Banks and their Stock Markets) in that there are less attractive places to preserve national capital, and investors are also finding it difficult to manage safe harbors for large investors these days. Just keeping cash in safe accounts is becoming very risk intensive these days. If a global downturn shapes up, which seems to be developing, cash is not always safe anymore than equity in ownership of stocks and bonds. The mood is ugly worldwide. Senator Hatch, Utah this morning stated bureaucrats in Washington are now second guessing bankers on which loans to approve, and how to run their lending business and how to invest their capital. He believes the Obama Team is actually attempting to run the banking industry in the United States, that our Secretary of the Treasury has grabbed so much power and the Fed Chairman equally has grabbed enourmous power, that Obama controls the pulse beat of our economic and banking systems completely. Hatch believes and said so this morning that Obama is attempting to crash our economic system. It is significant that a US Senator goes on national television and makes that statement and it does not seem to sink in the minds of the mainstream press that many US Senators and US Representatives are saying this exact same thing. Do we hear this resounding anywhere? Nope. Even Fox News Network seems to have recently gone mainstream and is ignoring these numerous and expanding comments these days. Is Rupert Murdock, NewsCorp owner under pressure due to the UK damage done to his investments there, and much of that comes from the George Soros pressure there, is that now causing problems for NewCorp that owns Fox News in this country? Just wondering.
Jim the Conservative
