Are you dumb, America? Part 2

November 16, 2009

Stimulus bill saved or created how many jobs?


Are you really this dumb, America?


Let’s see how dumb you are, America…


The Obama administration claimed:


–         Southwest Georgia Community Action Council saved 935 jobs but only 508 actually work there.

–         Administration for Children and Families at Health and Human Services saved 14,506 jobs but the money from the stimulus were used to give 9,300 of those employees raises.

–         In Colorado the stimulus money of $2.6 billion created or saved 8,094 jobs. WOW! That is $321,226 per job. WHERE IS THE PAY CZAR ON THIS ONE?

–         Colorado Head Start program reported 269 jobs saved or created…. Actual = 3

–         In a North Chicago school district a claim of 473 teachers were saved, the problem is the district only employs 290 teachers.


This is interesting to note:

            “Chicago’s omission from the stimulus data is not without irony. The federal overseer of school stimulus spending is U.S. Education Secretary Arne Duncan, who until early this year was the CEO of the Chicago schools.”


Are you really this dumb, America, to believe in this fuzzy math?


Are you really dumb, America, to believe that giving someone a pay raise is equivalent to “job saved” while millions of Americans will just settle for a job that pays?


Are you really dumb, America, to believe that 640,000 jobs were “saved and created” with $215 billion of the stimulus money spent?


My fuzzy math tells me that is $335,937 per job. WHERE IS THE PAY CZAR ON THIS ONE, TOO?!


Are you really dumb, America, to believe that the stimulus is really saving and creating jobs when unemployment is at over 10% the highest in 26 years?


Are you dumb, America?







The State of the Union (an honest presidential State of the Union speech)

June 2, 2009

The State of the Union (an honest presidential State of the Union speech) 

My fellow Americans, I stand before you today to give you an update on the State of Our Union. 

As most of you know by now General Motors once an icon of American manufacturing power has filed for bankruptcy. And most of you also now that Chrysler took the same path earlier. Despite all the billions of dollars that was given to GM and Chrysler they still failed to lift themselves out of this economic hole. I know the previous administration started this bailout but I thought it was a good plan so I continued it. I came before you and told you that these companies were too big to fail. If we failed to act now catastrophe was inevitable. But catastrophe came anyway. 

I am grateful for your support in passing the bailout bills, the economic stimulus bill, and the pork laden omnibus spending bill. The stimulus bill is not designed to have an immediate effect. If you closely read the bill, the biggest portion of the stimulus spending will not occur until 2010 thru 2012. I know this coincides with the mid-term congressional elections and the end of my first term and this is a gamble on my part. I am hoping all this will work and create jobs for the sake of the Democratic Party and my presidency. 

However well meaning my efforts on the bailout plans, GM and Chrysler still filed for bankruptcy. The result of this failure is numerous plant closings and thousands of jobs lost. But there is always a shining star behind those dark clouds. The UAW, which supported me tremendously this past election, will have 55% control of Chrysler. This is a good thing for the workers of America. The rich folks who got fat on the back of these workers are getting only 3 cents for every dollar they have invested. Now that is just fair in my book. 

Although the plant closings cost American jobs, GM has opened its 8 plants in China and more plants planned for Mexico and Brazil. These will create jobs for the poor people of those nations and create a level playing field to compete with the US. In my book, that is just fair. 

It is no secret that the government has immense leverage on companies that took bailout and TARP money. This leverage will be used by my administration to influence these companies to make fair and just business decisions and to end the rich-poverty gap in this country. I will use these leverage to ensure that the products of these companies are environmentally friendly and affordable at the same time. Regulations that will force other companies who did not take tax payers’ money will be instituted to ensure fairness in business operations and profit distribution. We cannot have one company make more money than the other. We cannot let one company have all the success while others fail. Fairness is what I am looking for. Just like the fairness in health care and our tax systems, those are in my agenda, too. Be patient because “You Ain’t Seen Nothing Yet”. 

The health care system of our country is costing as dearly and not all Americans have health insurance. Congress and I are working on a legislation that will ensure health care for all Americans. Critics say that I am trying to copy failed health care systems in Europe but I am not. I am trying to get the European system and tweak it to suit the American health care system. If long lines and denial of medical services are common in Europe, that will not happen here. I will make sure that only the ones who have the highest potential of getting cured will be ahead of the line. And I will make sure that only necessary tests and diagnostic procedures are ordered by doctors. This way our skyrocketing health care cost will be reduced. 

Energy independence is my goal. We, as a member of the world, must start to change our ways and think about how much energy we consume compared to the rest of the world. The United States of America consumes 26% of the world’s energy and yet 2 billion people in the world do not have electricity. It is time for Americans to be fair and just. Conserve energy and find alternatives so the rest of the world can have the same quality of life as each American enjoys. 

My plan is to double the energy use derived from alternative fuels like sunlight and wind power. As of today, only 1% of energy consumption comes from those alternative sources. By my first term, that will be at least a 300% improvement. In other words, 3% of our energy consumption must come from alternative sources.

Making those gains can be painful but worth it. We will need to make large area of land for wind mills and solar panel locations. Food production might suffer and prices for food items may go up but the alternative of living in an unhealthy environment is not acceptable. America is the most obese nation in the world. So by making food more scarce and expensive, more Americans will be lean and healthy. And in the long run, will save this country fortunes in health care expenses. Do you now see the connection between health care and environmental reforms? 

Let us shift our focus to foreign affairs. 

I will be taking a journey to Egypt to address my brothers in faith. I will talk with them and apologize for all the arrogance of Americans and transgressions committed against the people of the Middle East by the Americans. I believe that these apologetic tones will win most hearts of the Muslim radicals and start a reconciliation process. My apologetic theme is the same with my previous European tour. However, there is a roadblock in this process. Israel’s stance and posturing in the region must be stopped. We cannot summon others to the negotiating table if we view them as threats. I can understand Israel’s reservation. Iran is pursuing nuclear power, which in my opinion, has every right for peaceful nuclear use. Iran is just reacting to Israel’s threats. I can assure the American people that we are standing firm in our mission to a lasting peace in the Middle East. I urge both sides, especially Israel, to tone down its stance on the Palestinian and Iranian issue. 

As a show of faith, I will close Guantanamo and house the most violent terrorists in our highest security prisons. I understand that they cannot be with the general population for safety reasons. So I am going to mandate special cells for them. I will make sure they get treated well and when it is time to ask them some critical information they will be willing to reciprocate the kind treatment we gave them. This is at the very opposite of the spectrum of the previous administrations policies of torture and humiliation. We must gain their trust. We must earn their friendship. 

For some of you who were disappointed that I reversed my decision to release the torture photos do not dwell on that. Those photos are so sickening and abhorrent that I did not want to subject you to further disgust. In addition to that most of those photos are rated R and some could be rated X and not suited for public viewing. 

As far as North Korea is concerned, there is really nothing I can do about it. China is North Korea’s closest ally and we owe the Chinese an enormous amount of money. It was Chinese money that mostly financed the bailouts and spending to save our economy. Just bear with me on this issue and we will consult with the Chinese government on what our next move will be concerning North Korea. In the mean time, I will continue supplying North Korea fuel, food, and critical aids to keep that country functioning. Again, in my book, this is just and fair. 

I know that many Americans are out of jobs. Many are facing losing their homes. But do not lose hope. Help is coming. Change is coming. I will make sure that the rich pay their share of the burden. I will use the power of my office to hunt down all their assets hidden in off shore accounts and make sure all Americans share the same wealth equally and fairly. I will make sure you have health care, food, cars, free school, and free housing. The old and failed system of American individuality and pursuit of personal success is over. The era of equality and fairness has begun. 

I promised change and change I will give you. 

I will not say the customary “God bless America” because it violate the separation of church and state. And at the same time, I do not want to make America look like a special country under God’s eyes and sure do not want to offend my non-religious supporters. 

So I will just say a simple “Goodnight Amerika!”

 (Assalamu – alaikum)

Law, The Rule of Law, Property rights, and Why the Obama administration’s take over of Auto and financial industry (soon health care) is wrong and amounts to seizing our liberties

May 21, 2009

Every civilized society has it own sets of law. These sets of laws vary from country to country depending on cultural and religious beliefs. But there are a lot of similarities than cannot be avoided. For example, murder and theft are defined the same no matter what country’s law defines these crimes. But there are also subtle differences in defining some crimes like rape or racism.

 But the major difference is the application of such laws and that is where the rule of law comes in. Rule of law is defined as an idea that the laws set by the state should be equally applied and without discretionary intervention. And this difference in the rule of law is what separates the prosperous and poor societies. Think about the rich nations of North America, Europe, and the Pacific Rim and compare these nations per capita income against nations in Africa, Southeast Asia, and Central and South America . The contrast is astronomical. To put that in numbers the US per capita income in 2000 is $34100 annually while 30 countries have under $365 per capita income per year.

Now look at the governing style or the “rule of law” of those poor countries. Most are under the brutal fists of a dictator or a monarchy that control every aspect of both public and private enterprises. The governing class hoards the wealth and political power of the country and not allowing the public to own “property”, every piece of the country is owned by a small group or an individual. They become rich beyond imagination but the citizens under its control are given tokens and scraps disguised as free education, free healthcare, free everything. Despite all the “free” things that the citizens get, they are still poor as dirt.

Why does property ownership crucial in creating wealth for all? The right of owning a property establishes private and exclusive rights in resources. It is the law that protects this right and it is the rule of law that ensures that everyone has the same exact right to legally own whatever and how much they can legally own. Property is the same as ownership. If one owns a piece of land or any piece of anything, one can exclude others from interfering. If one has control on what one produces and has control on the fruits of one’s labor, the effort is always maximize. One can choose to improve his property, share it, sell it, or just leave it as it is.

What does that sound to you? It sounds like LIBERTY to me.

How does any of this have to do with what is going on in the country right now?

Well, we all know by now that the Obama administration has taken control of the financial institutions and auto industry through mob tactics, loan them the money then dictate and break their legs if they do not comply. Not exactly break their legs but the administration is using the TARP or bailout money to strong arm stakeholders in these companies to make concessions. These concessions are against the “rule of law” that governs the bankruptcy procedures as in the case of Chrysler bondholders.

 With the power of his office, Obama has taken control of these industries. We all now heard that auto industry will be making certain type of cars conforming to certain level of emissions and fuel efficiency. The American auto industry has claimed that this will only work if ALL auto makers are subject to the same standard. Import car makers will be forced to follow these new directives if they want to sell their products in the US . Do you think the government of these foreign auto makers will just follow? I doubt that. I strongly believe that there will be some trade retaliation for this. Either by imposing tariffs on US goods entering their country or limiting the amount of their products entering the US . In other words, a trade war that this weak economy cannot survive.

On the political spectrum, this is a move for Obama, the Democrats, and the UAW to take total control of the auto manufacturing in the US . Many foreign auto makers have manufacturing facilities in the US employing hundreds of thousands of Americans and most of them are not UAW members. Is it feasible that these foreign automakers scale back or totally stop their manufacturing facilities in the US ? You can go all in on this one, baby! When this happens, what would be the fate of those workers employed by the foreign auto makers?

 Another scenario is that future investors might be unwilling to invest (buy bonds or stocks) in companies that took TARP or bailout money for fear of losing their investments if those companies go bankrupt. If no one would invest in those companies, how are these companies going to raise capital for expansion? What another round of bailout? Without expansion no growth and without growth no wealth creation and everybody is poorer.

But someone will get richer from all of this. Who are they? The rich folks who own these companies and the politicians in their pockets will hoard all. They will hold all the power just like in poor countries of Africa, South and Central America, and Southeast Asia . They will be the ruling class and Obama as their king.

The health care reform is looming in the horizon. This is another takeover ploy by the Obama administration. If this go through, the government then will have the power to decide who gets well, who will be treated, who will not get the treatment, the when and how. Just wait and see.

Property is synonymous with liberty. We all own something, be it material in nature or non-material. We own material things like a home, car, piece of land, jewelry, stocks, money, and other things. We own non-material things like our thoughts, our God given talents and skills, our health.

Look at what is happening. What has the government taken over right now and tell me that the government is not taking your liberties away?

Just like how the mob takes control, the administration does it the same way

May 17, 2009

We all know by now the amount of bailout money that is going down the bottomless bucket is staggering. We also know that the deficit is going to be more astronomically high that will be shouldered by future generations to come.


But there is a pattern to all these bailout madness. Once you sit and examine this patterns you will be convinced that these bailouts are nothing more than traps that will expand the power of government and will lead this country to socialism.


The pattern goes like this:


–          A group of companies in an industry that is in financial trouble will be deemed ‘too big to fail’ and it is usually tied to a political issue that “needs fixing” or a political ally that needs to be protected

–          Bailouts will be sold to the public as the saving grace of these companies and the jobs that are involve

–          The companies will either take or be forced to take these bailout money but are still failing even after the bailout money was exhausted

–          The political issue that “needs fixing” or political ally that needs protection will then be revealed and the bailout will be used as leverage to force the acceptance of fix and change


The Auto Industry


The automobile industry was in trouble way before this economic crisis came about. For years they have been losing market share and the economic crisis greased the downhill slide even more. We were all told that the American automakers are too big to fail. Hundreds of thousands of jobs are on the line so a bailout is just the solution. After an estimated $130 billion of tax payers money, GM and Chrysler, the two out of three that took the bailout money, are not saved from failing. As this is being written, Chrysler is officially in bankruptcy and GM is on the verge of bankruptcy.


Chrysler is closing a total of 5 plants and cancelling 787 dealerships across the country affecting hundreds of thousands of jobs. Then Chrysler will be sold to Fiat for good measure. Despite of the billions of dollars in bailout money, Chrysler failed, jobs lost, and the once part of the American Auto Big Three is now a foreign owned company. The bailout failed miserably.


GM is on the verge of bankruptcy. Just like Chrysler, it received billions of dollars in bailout. It is reported that GM will be closing a number of plants and lay off thousands of workers. Meanwhile, GM is building plants in Brazil .


What are the implications?


We all know that the UAW is in the tank with the Democrats every election and in the tank with Obama last presidential election. It was reported that during the bankruptcy negotiations, some investors were “strong armed” by the Obama administration to accepting the deal. The deal left the workers of Chrysler and GM out on the limb, the thousands of dealerships and the people they employ are SOL, and the bond holders of Chrysler and GM are left taking the massive loss. Meanwhile, the UAW has gained 55% ownership of Chrysler and may own a majority share of GM as well after GM goes thru the same bankruptcy procedure.


Another group in the tank with Democrats and Obama is the environmentalist group. To “pay off’ this group, the Auto industry must be reduced to making “green” cars. The only way that can happen is if the Democrats and Obama control the Auto makers. Just like Chrysler investors being strong armed, the government can now dictate what cars Chrysler and GM can make.



The Financial Industry


Just like the US Auto industry, it has taken a financial crisis to bring the financial industries problem to the forefront. Just like the auto industry the financial industry took an unprecedented amount of tax payers’ money as bailout. The reasons and results are quite similar, too big to fail and the economy is still in shambles. Even after the bailout, the financial institutions thousands were laid off and more bailout money could be needed.


What are the implications?


As I pointed out numerous times before, the financial industry contributed large amounts of money into the coffers of the Democrats and Obama. During the last presidential election, the financial companies that received bailout money contributed over $14 million to Obama. The bailout money was their payment for the contribution. This amount to a whopping 2500% return on their investment while the American tax payers struggle to get a job, pay the mortgage, and have a bleak financial future.


Now that the government ahs control over these financial institutions, the Obama administration is dictating the pay and bonus practices of these companies. Let us wait and see what else will be dictated.  


The Health Insurance Industry


Next on the table is the Health Insurance Industry. Reuters and Yahoo have fresh reports that insurance companies have the preliminary access to the TARP funds. As you know, the health care reform agenda is in the works in Congress. Secret meetings and well publicized meetings are being held to shape the health care reform bill. Making TARP money available to the insurance companies could be trap just like the trap set out for the auto and financial industry.


What are the implications?


I suspect that companies that will partake in the TARP funds will be strong armed to support the radical overhaul of the health insurance industry which is disguised as health care reform. Once the real negotiations for the health insurance reform begin, the companies that are stupid enough to be lured into this trap will have their bargaining power diminished. I suspect that the Obama administration will use the bailout money as a leverage to force these insurance companies for unfavorable concessions.




This is all about control. The pattern is so obvious once you stop, think, and digest all the evidence you will come to the same conclusion. First control the mobility. Second, control the money. Third, control who will be healthy and/or who live or die. The result will be…….??????

“I don’t stand with them,” Obama said at the White House event.

May 1, 2009

Chrysler just announced that the American automaker is going to file for bankruptcy in New York . President Obama has also announced his support on the move and at the same time will dole an additional $8 billion in tax payers’ money to help the company restructure. As late as Mar 29, 2009, CNN reported that Chrysler will be getting an additional $6 billion in tax payers’ money to help the company with it deal with Fiat. But the next day, Mar 30, 2009, Fox News reported that the Obama administration denied both GM and Chrysler the bailout funds because they did not meet the restructuring requirement. I would assume that this led to Chrysler filing for bankruptcy instead. 

Ok, let me get this clarified. Last month Chrysler was denied the $6 billion because the company failed to restructure. This month, April 30, 2009, Chrysler will get $8 billion to help them restructure while the company is on bankruptcy. Does that make sense? 

I did some research and found out more about who really owns Chrysler. The majority stake holder in Chrysler is the private equity group Cerberus Capital Management and the minority owner is Daimler AG (a German company) which owns 19.9% stake on Chrysler. 

In Obama’s speech today, he chastised the investment firms and hedge funds that were holding out for the prospect of an unjustified taxpayer bailout. And he said this:

“I don’t stand with them,” Obama said at the White House event.

So first he denied Chrysler the $6 billion then he will give Chrysler $8 billion instead. Isn’t that a better deal for whoever owns the stakes in Chrysler? Last time I checked 8 is bigger than 6. 

The financial winners on this Chrysler’s move towards bankruptcy are the investors who hold the company’s bonds. That would be Cerberus Capital Management and Daimler AG – a German based company.

Again, Obama is firing unfavorable salvos towards the “greedy investors” but his ever “slight of hands” are giving the investors he vilifies tax payers’ money. 

Just a side note: Contribution of Cerberus employees to Obama campaign = $7800; Chrysler employees = $21,000; Securities and Investment companies contributed a total of $14.4 million to Obama campaign. This information is available in