RickMcCharles.com

Not all who wander, are lost.

Obama will lose in 2012

with 3 comments

Michael Williams of Fannie Mae, top, and Charles Haldeman of Freddie Mac will each receive up to $6 million for two years.

I was a big supporter of Obama very early on in his bid to become President.

He’s still likely the very best man that’s ever held the job.

But let me go on record very early on to say he won’t win a second term.

On Dec. 24th the Democrats delivered a Christmas present:

… significant new financial support to Fannie Mae and Freddie Mac, the beleaguered mortgage giants, no matter how badly they perform in the next few years.

The announcement came as the government approved cash compensation for the companies’ top executives of up to $42 million for their work this past year. The largest payouts will go to the Fannie Mae and Freddie Mac chief executives, who each will receive up to $6 million over two years, according to financial filings made Thursday. …

NY Times

I know $6 million, even $42 million is chump change. That corporate fat cat salaries is a specious issue.

But a number of talking points like this one makes Obama a sitting duck for any Republican who runs on a platform of fiscal responsibility.

The American voter has no stomach for increased taxes. That means the next President of the U.S.A. will be the Republican who runs on decreasing the Federal budget.

And how do you decrease budget spending? It’s obvious …

Whatever Republican candidate with the guts to bring American troops home soon can beat Obama. The U.S.A. can no longer afford to be policeman to the world.

That graph’s old and an oversimplification. There’s a more detailed breakdown of the 2009 budget here.

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Written by coach Rick

December 30, 2009 at 5:11 am

Posted in economics, government

3 Responses

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  1. you are an A-hole

    Juda

    February 27, 2010 at 1:23 am

  2. Aahh, your numbers are way off. The US spends more locally, at the state and federal level on education rather than defense with plenty of room.

    Obama’s stimulus package has cost, to the tune of $100 billion dollars more, than the cost of the War in Iraq and Afghanistan under ALL the Bush years.

    That says a few things: 1. Look at the state of education in the country and the interests (unions) which control it and the money spent and see the result. 2. The obama stimulus is an abject failure and waste of money, 3. It is GOVERNMENT SPENDING and interference in the free market that is preventing a recovering from starting.

    MJS

    August 24, 2010 at 12:26 am

  3. [...] – Obama narrowly loses in 2012 At the end of 2009 I predicted that Obama would lose the next Presidential [...]


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