Sunday, July 20, 2008

Barack Obama will be the greatest President of all times

That’s right; Barack Obama will be the greatest President of all times. In this Nation’s worst time in history since the depression Barack Obama will change and put this country back on track to prosperity in his first term. Why and How?

Let’s go through a little economics 101. In order to create wealth in a community the dollar has to pass hands many times before it gets back to the bank. The more times that dollar bill passes through the community, the better for the community. Keep that in mind.

Right now too many of our American dollars leave this country without passing through enough hands. China buys 26% of our debt, (Mainly the war) Japan buys 28% on other things, that’s 54% of our dollar gone. Oil gets another 15% plus. That’s 69% of our dollar gone. Outsourcing gets a percentage too, so you do the math. More then 75% of our dollar is gone and not passing through enough hands here. This is disaster. Our people are losing their homes, cars, pets, jobs, manufacturing is gone and the companies left are on the verge of bankruptcy, GM to name a big one. Banks are failing, and Icon companies are being sold to outsiders (Budweiser), Recession my a_s, (foot), it’s more like a Depression if you ask the middle class.

Now back to Obama.

Obama is going to end this war in Iraq. That will pull billions of dollars back home, about 10 billion a month. The dollar will be stronger and gas prices will come down. Obama will not reward businesses that outsource but give businesses incentive that keep jobs here. This will cause other business to come back bringing jobs. (I wish He’d declare companies that outsource foreign, and put a tariff on their goods and service making it more attractive to manufacture a home.) (Money changing hands here, middle class growing) China or Japan will not call in the debt because they need our middle class to buy all of their trinkets. Obama doesn’t want to use food for alternative fuel either, (ethanol) he wants to use other bio- degradable sources like weeds (cellulous). (Food prices will come down, that’s more money here.) Obama will create a new green industry identifying and inventing new jobs here for global climate control. (Money staying at home and passing hands). Get the picture. The more money staying home and not going out creates wealth.

The economy can turn around drastically for the better in his first term and turning around this economy from a depression quickly will qualify Barack Obama as the greatest President of all times before he fixes everything else here at home and changes our image around the world.

Gaidi

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