Posted on 01/27/2011 2:49:54 PM PST by lancer256
Obama's latest watchword, "investments," is not, as I originally assumed, simply a euphemism for government spending. It captures his entire economic philosophy -- a philosophy that is permanently engrained in the core of his being and disastrous for America's "future."
President Bill Clinton shrewdly used the word as a more palatable substitute for income tax rate increases, saying taxpayers needed to "invest" more of their hard-earned dollars in America. But Obama's use of the term was different in two important ways. First, for him, "investments" would apply to the spending side of the fiscal equation. He would ask our support in his plan to "invest" more government money in infrastructure and education.
Secondly, and more significantly, Obama used the term to candy-coat his fundamental lack of confidence in the private sector and free market, as well as his commitment to faith in government as the primary engine for economic growth.
(Excerpt) Read more at davidlimbaugh.com ...
I noticed he mentioned Nuclear plants again in this speech. His actions aren't matching his words. There is only one nuclear plant under construction and it was approved in 2007. Under the Obama administration they've given one low interest rate loan to one nuclear reactor which is in Georgia, and I'm not so sure that's not a research reactor instead of a power plant.
Another one of Obama’s false beliefs.
In 2008, neither 0bama nor Biden had any stock ownership in anything.
At one point, I remember a short video in which 0bama specifically said, “All change comes from me.”
Invest? In 0bama’s change? When he has no investment in this country at all?
Which means that he believes that the people are TOO STUPID to know or do what is good for them. Despots, totalitarians, and tyrants throughout history have believed in their own intellectual superiority, also.
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