Tuesday, April 21, 2015

Articles: Obama's Three Premises

 
Based on President Obama's actions of the past seven years, one can surmise that his worldview is based on three major premises.  His economic perspective is deliberately aimed at weakening the United States.  Thus, despite the disastrous past history of mandated government directives that forced banks to provide sub-prime loans, Obama and company are at it again forcing banks to engage in risky loans. In "separate new reports to Congress, Fannie Mae and Freddie Mac reveal Obama regulators are pressuring them to back high-risk home loans for 'very low-income' borrowers."  Both mortgage companies are being "forced to accept mortgages with as little as 3% down."

And most telling, they must "[y]ield disparate results based on the race of the borrower." If that were not enough, one learns that the government is allowing "lenders to use unemployment benefits as source of income." And these mandates will not expire until 2019.

So here is a recipe for unmitigated economic disaster.

Another of the downward economic spirals produced by Obama and his minions is the looming student loan crisis, which is being manufactured and perpetuated by this White House.  Twenty-seven percent of student loans are delinquent, of about one trillion dollars of student loan debt owed to the federal government.  And while Obama continues to harangue about the difficulties that students have concerning mounting college costs, the real problem is that "in 2010 Obama eliminated the federal guaranteed loan program,” which "let private lenders offer student loans at low interest rates."  But as with everything that Obama touches, now there is only one place to get a loan -- big government.  Consequently "federal direct student loan debt has climbed by more than $100 billion."  But Obama, the compassionate, has made it increasingly easier for students to avoid paying back student loans in full; thus, it is a problem that American taxpayers will have to shoulder -- along with the $18 trillion+ debt, courtesy of Obama.

Obama's second premise is that America must pay mightily for its success and its hubris.  To that end, Obama concedes all safety precautions that a leader would insist upon in dealing with "Death-to-America"-chanting Iran.  But one need only consider Obama's reaction to the 9-11-2001 attacks to understand his moral compass and his antipathy to the United States.  On September 19, 2001 a story ran in the Hyde Park Herald containing then-State-Senator Barack Obama's response to the 9-11 events.  Obama had this to say of the heinous actions of that day
We must also engage, however, in the more difficult task of understanding the sources of such madness. The essence of this tragedy, it seems to me, derives from a fundamental absence of empathy on the part of the attackers: an inability to imagine, or connect with, the humanity and suffering of others. Such a failure of empathy, such numbness to the pain of a child or the desperation of a parent, is not innate; nor, history tells us, is it unique to a particular culture, religion, or ethnicity. It may find expression in a particular brand of violence, and may be channeled by particular demagogues or fanatics. Most often, though, it grows out of a climate of poverty and ignorance, helplessness and despair.
So with 3,000 Americans dead, and with fears of more terror to emerge, Obama was concerned with the murderers’ "despair."  Not once did he use the term “terrorism.”  Not once did he speak of an ultimatum response towards the  jihadists. Instead this Islam-educated man seeks compromise and a meeting of the minds with people who in twenty minutes just changed the entire landscape of this country.   Instead Americans are supposed to "imagine the sufferings" of murderers.

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Articles: Obama's Three Premises

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