It Is What It Is October 19, 2016
Posted by Dr. Robert Owens in Politics, Politiocal Philosophy.1 comment so far
As the weeks go by the wheels are coming off FBI Director Comey’s whitewash of Hillary. He gave a laundry list of her criminality ending in “our judgment is that no reasonable prosecutor would bring such a case.”
Here’s the list that ended in no indictment, which included several previously undisclosed findings from the F.B.I.’s investigation:
■ Of 30,000 emails Mrs. Clinton handed over to the State Department, 110 contained information that was classified at the time she sent or received them. Of those, Mr. Comey said, “a very small number” bore markings that identified them as classified. This finding is at odds with Mrs. Clinton’s repeated assertions that none of the emails were classified at the time she sent or received them. The F.B.I. did not disclose the topics of the classified emails, but a number of the 110 are believed to have involved drone strikes.
■ The F.B.I. discovered “several thousand” work-related emails that were not in the original trove of 30,000 turned over by Mrs. Clinton to the State Department. Three of those contained information that agencies have concluded was classified, but Mr. Comey said he did not believe Mrs. Clinton deliberately deleted or withheld them from investigators.
■ In saying that it was “possible” that hostile foreign governments had gained access to Mrs. Clinton’s personal account, Mr. Comey noted that she used her mobile device extensively while traveling outside the United States, including trips “in the territory of sophisticated adversaries.”
■ Mrs. Clinton used multiple private servers for her personal and government business, not just a single server at her home in New York that has been the focus of media reporting for more than a year. Her use of these servers — some of which were taken out of service and stored — made the F.B.I.’s job enormously complicated as it struggled to put together, in Mr. Comey’s words, a jigsaw puzzle with “millions of email fragments” in it.
The headlines documenting the fermenting discontent among the professional FBI agents and department of Justice Attorneys in response to this politically motivated exoneration of an obvious criminal by a political hack are mounting up:
FBI Agents Revolt Over James Comey’s Decision To Not Prosecute Hillary Clinton… Never Before Has There Been Such An Open And Shut Case Of Corruption From A Politician.
FBI and DOJ Agents Are Furious Over Comey Letting Hillary Off Scot-Free
FBI, DOJ roiled by Comey, Lynch decision to let Clinton slide by on emails, says insider
FBI Investigative Team ‘Disgusted’ by Comey’s Decision Not to Charge Hillary
Investigator Claims ‘No Agent Working The Case’ Agreed With Comey’s Decision to Let Clinton Off Hook
The following is an apt representation of the disgusted reaction of our G-Men. This calling out of the political corruption which is metastasizing throughout our body politic is profound. To illustrate what all these many articles report I have decided to quote a long passage from another source, The Daily Caller:
According to an interview transcript given to The Daily Caller, provided by an intermediary who spoke to two federal agents with the bureau last Friday, agents are frustrated by Comey’s leadership.
“This is a textbook case where a grand jury should have been convened, but was not. That is appalling,” an FBI special agent who has worked public corruption and criminal cases said of the decision. “We talk about it in the office and don’t know how Comey can keep going.”
The agent was also surprised that the bureau did not bother to search Clinton’s house during the investigation.
“We didn’t search their house. We always search the house. The search should not just have been for private electronics, which contained classified material, but even for printouts of such material,” he said.
“There should have been a complete search of their residence,” the agent pointed out. “That the FBI did not seize devices is unbelievable. The FBI even seizes devices that have been set on fire.”
Another special agent for the bureau who worked counter-terrorism and criminal cases said he is offended by Comey’s saying: “we” and “I’ve been an investigator.”
After graduating from law school, Comey became a law clerk to a U.S. District Judge in Manhattan and later became an associate in a law firm in the city. After becoming a U.S. Attorney in the Southern District of New York, Comey’s career moved through the U.S. Attorney’s Office until he became Deputy Attorney General during the George W. Bush administration.
After Bush left office, Comey entered the private sector and became general counsel and Senior Vice President for Lockheed Martin, among other private sector posts. President Barack Obama appointed him to FBI director in 2013 replacing out going-director Robert Mueller.
“Comey was never an investigator or special agent. The special agents are trained investigators and they are insulted that Comey included them in ‘collective we’ statements in his testimony to imply that the SAs agreed that there was nothing there to prosecute,” the second agent said. “All the trained investigators agree that there is a lot to be prosecuted but he stood in the way.”
He added, “The idea that [the Clinton/e-mail case] didn’t go to a grand jury is ridiculous.”
According to Washington D.C. attorney Joe DiGenova, more FBI agents will be talking about the problems at bureau and specifically the handling of the Clinton case by Comey when Congress comes back into session and decides to force them to testify by subpoena.
DiGenova told WMAL radio’s Drive at Five last week, “People are starting to talk. They’re calling their former friends outside the bureau asking for help. We were asked today to provide legal representation to people inside the bureau and agreed to do so and to former agents who want to come forward and talk. Comey thought this was going to go away.”
He explained, “It’s not. People inside the bureau are furious. They are embarrassed. They feel like they are being led by a hack but more than that that they think he’s a crook. They think he’s fundamentally dishonest. They have no confidence in him. The bureau inside right now is a mess.”
He added, “The most important thing of all is that the agents have decided that they are going to talk.”
Besides pressuring State Department officials not to mark any of Clinton’s emails as classified there is also evidence that in at least one case a political appointee from the Clinton entourage attempted to affect a quid pro quo with the FBI. He dangled increased FBI presence at foreign missions in exchange for a change in classification for one particularly embarrassing email.
And in those emails that were released, the ones we have been told over and over there is no classified material; there are over 4,500 redactions.
Try any of this yourself and you will be in jail.
Is it so hard to believe that the Obama/Clinton Machine anchored in Washington and Chicago would attempt to steal an election? They have made a mockery of our justice system ever since Bill looked directly into the camera and without a hint of shame said, “It depends upon what your definition of is is.”
Dr. Owens teaches History, Political Science, and Religion. He is the Historian of the Future @ http://drrobertowens.com © 2016 Contact Dr. Owens drrobertowens@hotmail.com Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens / Edited by Dr. Rosalie Owens
Don’t Look at Hillary the Russians Did It October 17, 2016
Posted by Dr. Robert Owens in Politics, Politiocal Philosophy.Tags: 2016 election, Crooked Hillary, Dr. Robert Owens, Hillary, Rigged e;ection
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Hillary doesn’t deny any of the cascading revelations of her criminal behavior. She has no need to address all the hard questions that are never asked by the lap-dog media. She basks in the glow of the positive spin spewed forth daily by the ABCCBSNBCCNNMSNBC Democrats masquerading as journalists that fawn on her every equivocation.
Pay no attention to the content of the leaked emails, speeches, and positions instead concentrate on the unsubstantiated cover story that the Russians revealed them. Forget about the hypocrisy, criminality, and traitorous actions this is just business as usual for New York’s Sixth Crime Family. There’s nothing to see here; you voted for hope and change and now that our 1% leaders of the people have transformed America vote for more of the same.
This isn’t just a case of ignore the message and shoot the messenger. This is a case of indict the witness, punish the victim and reward the perp.
When General Cornwallis surrendered to George Washington at Yorktown he had his band play The World Turned Upside Down as the defeated soldiers of the world’s greatest superpower marched out of their fortifications between lines of triumphant rebels. If The twin headed Don of the Clinton Crime Family march into the white house for another round of Loot the Treasury and Spank the Monkey maybe we should have the band play Its All Over Now?
Dr. Owens teaches History, Political Science, and Religion. He is the Historian of the Future @ http://drrobertowens.com © 2016 Contact Dr. Owens drrobertowens@hotmail.com Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens / Edited by Dr. Rosalie Owens
Crooked Hillary’s Free Pass Faux Pas For FBI October 14, 2016
Posted by Dr. Robert Owens in Politics, Politiocal Philosophy.Tags: Crooked Hillary, Dr. Robert Owens, FBI Hillary, Hillary FBI
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When the FBI Director delivered a laundry list of why Hillary should be indicted ending with we aren’t going to indict it not only left a bad taste in the moths of all who believe in equality before the law. It blindsided all the Special Agents who had worked so hard to build the case. Many are now expressing anonymously that they are disgusted by the obvious politically motivated decision that has destroyed the credibility of their agency.
Now evidence comes out that the investigation itself was conducted without the diligence that has for so long been the hallmark of the FBI. Hillary was not put under oath for her testimony and neither was her testimony recorded, both are standard operating procedures of the agency.
In her testimony to the FBI she answered, “I don’t recall” 40 times effectively refusing to answer due to understanding how the legal system works. And to this day she can’t recall facts anyone who has been following the case from out here on the tundra knows from her own leaked emails. In answer to questions asked by lawyers for the conservative watchdog group Judicial Watch, which she was ordered to answer by U.S. District Court Judge Emmet Sullivan Hillary responded 20 times, “I don’t recall.”
Clinton’s lawyers summed it all up in a perfectly worded piece of legalese, “Secretary Clinton states that she does not recall being advised, cautioned, or warned, she does not recall that it was ever suggested to her, and she does not recall participating in any communication, conversation, or meeting in which it was discussed that her use of a clintonemail.com e-mail account to conduct official State Department business conflicted with or violated federal record keeping laws,” Clinton’s lawyers wrote. She signed the filing on Monday “under penalty of perjury.”
And there you have it. If you or I did anything resembling what the Donna of New York’s Sixth Crime Family has done we would be in jail for a very long time. Instead according the Corporations Once Known as the Mainstream Media this pathological liar, this unindicted co-conspirator is poised to become the President of the United States.
Personally I cannot swallow the regime’s propaganda. I cannot believe that the American people are going to vote for this nail in our coffin. Four more years of open borders; four more years of a war on our own economy; four more years and this cabal of radical leftists who call themselves Progressives will succeed in fundamentally transforming the greatest experiment in human freedom in the History of the world into just another centrally-planned dystopian utopia on its way to the third world.
Dr. Owens teaches History, Political Science, and Religion. He is the Historian of the Future @ http://drrobertowens.com © 2016 Contact Dr. Owens drrobertowens@hotmail.com Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens / Edited by Dr. Rosalie Owens
Why Do I Say The Constitution Failed? October 12, 2016
Posted by Dr. Robert Owens in Politics, Politiocal Philosophy.2 comments
People often ask me, “How could you write a book entitled The Constitution Failed?”
If the Constitution was written to ensure a limited government and if today we have an unlimited central government my question is, “How can anyone contend that the Constitution hasn’t failed?”
We know that for the last 100 years the Progressives have sought progress by changing the Constitution, which was written to establish unbreakable boundaries for government, without recourse to the amendment process. The Framers knew that without these boundaries government would grow into a millstone around the neck of the American people. Instead of a document establishing solid limits the Progressives say it is a living document that can be re-interpreted with each passing year evolving into whatever the current leaders may desire.
Our twin headed Progressive party of power expands and twists the General Welfare, the Commerce, and the Supremacy clauses to sanction any executive, legislative, judicial, or regulatory action they wish to impose whether it’s a welfare state, energy policies, or the mandatory purchase of insurance. However, nothing is more symbolic of the current irrelevance of the Constitution to our leaders than the utter contempt they hold for the 9th and 10th Amendments.
Back during the original debate to ratify the Constitution these two sentinels of limited government were forced upon the proponents of a strong central government by those much maligned patriots the Anti-Federalists. The Constitution never would have been ratified without an assurance that the first order of business for the new government would be the ratification of the Bill of Rights. The capstone of these sacred rights is the 9th and the 10th Amendments which state:
The 9th Amendment, “The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people.”
The 10th Amendment, “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.”
I present the following examples of how our Progressive central government infringes upon the rights of the States and the people:
Term limits:
While in almost every instance that voters have had an opportunity to voice their opinion they have overwhelmingly approved term limits, and the courts have just as consistently overturned the will of the people. Through ballot initiatives and Constitutional amendments to State Constitutions the people have spoken, but instead of the voice of the people we hear the commands of the elites.
The Supreme Court in a classic five-to-four decision in U.S. Term Limits v. Thornton (1995) said the states don’t have the authority to limit the terms of their own congressional delegations. They further ruled that unless the Constitution is amended neither the states nor Congress has the power to limit the number of terms members of Congress can serve. Dissenting Justice Clarence Thomas pointed out that the majority ignored the clear meaning of the Tenth Amendment. Since there is no explicit denial of the power to limit terms to the States in the Constitution the 10th Amendment clearly states this power is reserved to the States.
Immigration:
When the Governor and legislators of Arizona attempted to address the hundreds of thousands of illegal immigrants who are pouring over their borders with Mexico each year they first had to admit that the Federal Government was not enforcing their own laws. After the central government ignored their petitions and pleas for help for years the government of Arizona acted to protect their citizens.
Immediately, the Justice Department sued to block the law, contending it violates the U.S. Constitution. The Arizona law was subsequently struck down by the Federal Courts using the Supremacy Clause for their justification. Judge Richard Paez, said, “By imposing mandatory obligations on state and local officers, Arizona interferes with the federal government’s authority to implement its priorities and strategies in law enforcement, turning Arizona officers into state-directed [Homeland Security] agents.” When it reached the 9th U.S. Circuit Court of Appeals a three judge panel said, “Congress has given the federal government sole authority to enforce immigration laws, and that Arizona’s law violates the Supremacy Clause of the Constitution” The Federal Government has abdicated its responsibility to protect Arizona from invasion and in their opinion a law that requires law enforcement officials to enforce the law goes too far.
The intrusive actions of the Transportation Security Administration (TSA):
Legislators in Texas decided to take action to protect their citizens from what many considered to be overly aggressive pat-downs. The reaction of the TSA to Texas attempting to protect their citizens from the molestation the Federal Agency calls a pat-down is indicative of the attitude our central government has towards any infringement of their absolute power. On their website The TSA Blog the gatekeepers of the air said, “What’s our take on the Texas House of Representatives voting to ban the current TSA pat-down? Well, the Supremacy Clause of the U.S. Constitution (Article. VI. Clause 2) prevents states from regulating the federal government.” This says it all. As far as our Federal masters are concerned there is no limit to their power.
Obamacare: Mandating action and penalizing inaction:
The Federal Government’s successful attempt to enforce the mandatory purchase provisions of Obamacare alternately as authorized by the Commerce Clause and as a tax, depending on which argument they think a judge would uphold. This massive invasion of personal liberty was challenged by 28 States as being beyond the bounds of the Constitution. Two judges ruled it unconstitutional and three have ruled it constitutional.
This provision wherein not taking an action is considered either engaging in commerce and thereby subject to regulation and that a non-action is taxable was ruled constitutional by a delusional Supreme Court. Which leads me to ask, what is left of our precious freedom? What other non-actions will now be under the power of the government. If a government can control our non-actions what does that say about their power over our actions?
By ignoring the unambiguous meaning of the 9th and 10th Amendments and by stretching and twisting the meanings of a few vague clauses the Progressive leaders of our Federal government have interpreted our Constitution to mean anything needed to do anything desired. Once the words lose their meanings, once the sentences can mean anything the Progressives want, what power does the Constitution have to limit government?
Ultimately this is a message of hope because I trust in the ability of the American people to solve any problem they confront. However, we have to admit there is a problem before we can solve it, and if we refuse to admit there is a problem we have no chance of solving it. The problem is our limited government has become unlimited and does whatever it wants. How can I say, “The Constitution Failed”? What I am saying is our system is broken, it is no longer functioning as designed, and we need a re-set button.
Dr. Owens teaches History, Political Science, and Religion. He is the Historian of the Future @ http://drrobertowens.com © 2016 Contact Dr. Owens drrobertowens@hotmail.com Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens / Edited by Dr. Rosalie Owens
Donald Dumps Bubba Dashes Dowager’s Dreams October 10, 2016
Posted by Dr. Robert Owens in Politics, Politiocal Philosophy, Uncategorized.Tags: Donald Trump, Dr. Robert Owens, Hillary, second debate, the Donald, Trump
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The Dowager dreamed of doing great things
Importing voters
And taxing your bling
Her dupes in the media played right along
Planning on 90 minutes singing the same song
When the first question asked
About trash talk and jibes
Was answered with reminders
Of Bubba’s philandering crimes
The sycophants changed tracks
Interrupting Donald and proving their hacks
One against three
The battle exposed
He wins on the issues
Hillary Billary Sleazy Media deposed.
Dr. Owens teaches History, Political Science, and Religion. He is the Historian of the Future @ http://drrobertowens.com © 2016 Contact Dr. Owens drrobertowens@hotmail.com Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens / Edited by Dr. Rosalie Owens
How can we make the illegals pay for a wall? October 7, 2016
Posted by Dr. Robert Owens in Politics, Politiocal Philosophy.Tags: Dr. Robert Owens, Illegal immigration, wall on Mexican border
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Illegal aliens sent $21.6 Billion in cash back to Mexico in 2013 or if we look beyond just Mexico illegal immigrants send home $50 billion annually.
If we imposed a 10% excise tax on overseas wire transfers that translates into five billion dollars per year.
Costs for a truly secure wall on our southern border range from 15 to 25 billion dollars.
At ten percent this would be re-cooped in five years if we upped it to 20% it would come back in 2.5 years.
You do the math, there are ways to get the wall built and have those who make it necessary pay for it.
Dr. Owens teaches History, Political Science, and Religion. He is the Historian of the Future @ http://drrobertowens.com © 2016 Contact Dr. Owens drrobertowens@hotmail.com Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens / Edited by Dr. Rosalie Owens
Who Do You Believe When You Can’t Believe Anyone? October 5, 2016
Posted by Dr. Robert Owens in Politics, Politiocal Philosophy.add a comment
An old joke goes like this, “How do you know when a politician is lying?” answered by, “When their lips are moving.” One of my favorite Chicago post-construction philosophers puts it this way, “All politicians lie. The good ones do it convincingly.” This is what passes for trust in our leaders in America today.
America is easily distracted. The majority of the population is hooked on the bread and circus sports world. They can tell you the minutest details about the lives and statistics of their favorite team but they don’t know how many Supreme Court Justices rule their lives.
They spend countless hours transfixed watching cars run around a track, people hit balls, pass balls, dunk balls, slap pucks, and try for a hole in one. While they doze on the couch cheering for this side against that they have never watched a congressional hearing, don’t have time to read a book, and forgot even the minimal civics education they were force fed at the government run school.
Try to share anything you have learned from hours of research and you are greeted with, “I don’t think that’s right,” or “I never heard that before,” about anything that contradicts or doesn’t line up with what the Progressive-controlled ABCCBSNBCCNNMSNBC cartel extrude as truth.
Our leaders lie to get elected. They lie to us after they are elected. And we lie to ourselves about what is going on. No matter how bad it gets the media megaphones and the public screwals continue to tell us we are the freest most prosperous and most powerful country on earth. But are we?
According to the Legatum Prosperity Index’s findings for 2015 America has slipped to number fifteen when it comes to freedom and number eleven when it comes to prosperity. According to the 2016 Index of Economic Freedom we rank number eleven. Our military is the best of the best. However they are committed to no-win wars hamstrung at every turn by politicians who use the blood, sweat, and tears of our heroes for props in their political theater. Sure we are better than many places, but we used to be number one, and now our rankings are falling constantly.
Why?
Because America’s leaders no longer look out for America they look out for number one. Our trade deals are good for everyone but us. Our military is sent on peace keeping missions that end in body bags and wounded warriors fighting for everyone else’s protection while our own country is being overwhelmed by an invasion through open borders.
When we elect traitors who appoint traitors what do we expect to get?
Looking at the issue of traitors from another perspective we now live in a country where the government can listen to and record everything you say without a warrant and the person who tells us about it is branded a traitor by the Elite Regime and its media sycophants.
We know Hillary is a serial liar. From Whitewater through Travelgate, from the Rose Law firm, through her emails we know she even lies about lying. The Clinton Crime Family routinely gets away with things that would land a mere mortal in jail.
Looking at The Donald everyone tells me he is a liar too. They say electing him instead of the Hillary, the tool of Oligarchs, would be electing one of the oligarchs instead.
“They” may be right. However, I have been waiting my whole life, or at least since the last time Pat Buchanan ran for president, to hear someone say that they were going to put America First. I have been waiting my whole life, or at least since Ronaldus Magnus brought us morning in America, to hear someone say they were going to unshackle the economy and let freedom ring.
Donald Trump has said these things.
When I give to a charity and that charity is later exposed as taking more of the money for administration than for doing the work I gave them the money to do that is on them, I gave out of my generosity and that is on me. If I believe someone who tells me they will secure our borders, stop the endless wars for peace, and free the economy, and then they do something else that is on them.
I try to live my life with clean hands and a pure heart. If I head North and things go South at least I know I used my mind, followed my heart, and voted my conscious. For this reason I once again endorse Donald Trump for president.
Who do you believe when you can’t believe anyone? I say believe the one who is saying what you want to hear and then pray they are telling the truth.
Some might say this is naive. Some might say this is foolish. Some might even say this is another case of “I know they are lying but I like what they say.” None of that worries me in the least.
Why worry when you can pray?
Dr. Owens teaches History, Political Science, and Religion. He is the Historian of the Future @ http://drrobertowens.com © 2016 Contact Dr. Owens drrobertowens@hotmail.com Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens / Edited by Dr. Rosalie Owens
Progressives Purge Military October 3, 2016
Posted by Dr. Robert Owens in Politics, Politiocal Philosophy.Tags: Obama corruption, Dr. Robert Owens, military purge, Hillary’s crimes, Lois Lerner, IRS scandal
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President Obama has presided over the gutting of our military, the sidelining of our most qualified officers and their replacement by political toadies willing to toe the Obama lead from behind strategy into global decline.
President Obama has systematically replaced the leaders of the US military in highly classified positions:
Rear Adm. David Baucom / United States Navy
Rear Admiral Charles Gaouette/United States Navy
Rear Adm. Ron Horton / United States Navy
Rear Adm. Rick Wilson / United States Navy
Major General Ralph Baker /United States Army
General Carter Hamm / United States Army
Lieutenant General David Holmes Huntoon Jr / United States Army
Brigadier General Bryan Roberts / United States Army
Major General Charles M.M. Gurganus /United States Marine Corps
Major General Gregg A. Sturdevant / United States Marine Corps
General James Mattis, the head of Central Command, relieved without even a call to the general to let him know he was being replaced.
Two cases to make the point: Vice Admiral Tim Giardina, United States Navy – Deputy Commander of the United States Strategic Command. Commander of the Submarine Group Trident, Submarine Group 9 and Submarine Group 10, where every single one of the 18 Nuclear Submarines with Nuclear Trident Missiles of those three groups were in his command. He was removed from service and fired from the military for the charge of using counterfeit poker chips.
Major General Michael Carry, United States Air Force – Commander 20th Air Force in charge of 9,600 people and 450 Intercontinental Ballistic Missiles (ICBM) at three operational wings and served in both Operation Iraqi Freedom and Operation Enduring Freedom. He was Fired October 11, 2013, for “Personal Misbehavior” is what was told to ABC News.
He and Giardina were both the two top Commanders over the United States Nuclear Arsenal before their dismissal within 48 hours of each other.
Sure, the guys in charge of America’s nuclear arsenal get the pink slip, but the people in charge over at the IRS get paid vacations for targeting conservatives and golden parachutes for taking the fifth to avoid self-incrimination. Look at the ongoing revelation of the corruption associated with the Clinton Crime Family; such as money laundering, perjury, misuse of classified documents, and destruction of evidence. Hillary gets a pass while our heroes get the boot.
It looks like Obama is getting rid of all the people who had anything to do with Benghazi, had control over America’s nuclear weapons or is willing to call an Islamist terrorist an Islamist terrorist.
This reminds me of how Stalin purged the military of anyone who said Germany was planning on attacking the USSR. Stalin didn’t want to hear that so he killed anyone who tried to tell him the obvious truth. Then when the Germans invaded the Russians were woefully unprepared losing whole armies, millions of men and half their country before general winter stopped the onslaught. Let us pray we will not face a similar fate in another 9-11 or worse.
Dr. Owens teaches History, Political Science, and Religion. He is the Historian of the Future @ http://drrobertowens.com © 2016 Contact Dr. Owens drrobertowens@hotmail.com Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens / Edited by Dr. Rosalie Owens
Obama Boom Builds Obamatowns September 21, 2016
Posted by Dr. Robert Owens in Politics, Politiocal Philosophy.Tags: Obama economy, Dr. Robert Owens, progressive economics, The Cloward–Piven strategy, progressive economy, central-planning, economic stagnation, stagflation, quantitative easing, 0% interest, Federal
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According to the megaphones of the Progressive-controlled media the Obama economy is booming. For the investor class it has been a rising tide that lifts all yachts or as it is expressed in Bloomberg, “When President Barack Obama was elected in November 2008, the U.S. economy was shrinking at a rate unmatched since World War II. In the seven years between then and his final State of the Union address Tuesday night, global investors have enjoyed stellar results from the rapidly expanding Obama economy.”
According to Paul Krugman in The Obama Boom “The … Obama economy offers a powerful lesson… From a conservative point of view, Mr. Obama did everything wrong, afflicting the comfortable (slightly) and comforting the afflicted (a lot), and nothing bad happened. We can, it turns out, make our society better after all.”
And according to President Obama himself everything is coming up roses, “Companies are investing; consumers are spending and American manufacturing, energy, technology, autos all are booming. And thanks to the decisions that we’ve made and the resilience of the American people, we’ve recovered faster and come farther from the recession than almost any other advanced country on earth. So the good news is the economy clearly is getting stronger, things are getting better, engines are revving a little bit louder.”
A chicken in every pot, a car in every garage, a flat screen in every living room, a cell phone in every hand, and a check in every mail box. Ah yes, haven’t we heard all this for years while anyone who works knows that wages have been stagnant for years. Anyone who does their own shopping knows food prices have gone through the roof. And anyone who has lost their job through the destruction of America’s manufacturing knows that a part time job at the Kwiki Mart doesn’t replace a full time job with benefits.
The political class, their pet economists, and the fellow-travelers among the media may trumpet that the Obama economy is booming. They may tell us we must all troop like mind numb robots to the polls and make sure Hillary has the opportunity to give us a third term to complete the transformation. They also tell us if the Donald is elected all this magic and wonder will be lost.
However other voices tell us a different story.
According to Bank of America Merrill Lynch Head of Global Rates and Currencies Research David Woo, “The U.S. economy would take off in a big way if Trump were elected and Republicans control both legislative houses next year. Against this backdrop, the greenback would strengthen and U.S. Treasury yields would rise.” This is a view shared by Woo and other fixed income veterans as well.
Looking at the booming Obama economy is like viewing a fever dream through the looking glass. The Technocrat apparatchiks who populate the Obama regime tell us this is the best economy in American History, unprecedented job growth, low unemployment, and no inflation. Those who actually have created jobs, know how the economy works in the real world, and have to cut pay checks every week tell us something different.
Leonard Riggio the Barnes & Noble Inc. Chairman and founder said the bookstore chain is suffering from one of worst retail environments in decades after traffic in stores hit “close to a historic low point.” The retail climate is “terrible,” he said on the company’s first-quarter earnings call Thursday. “Better put, is it is one of the worst I have ever experienced in the 50 years I have been in this industry.”
The Fed continues to pump money into the system and keep interest rates at historic lows. This stimulus is necessary just to maintain the anemic recovery that has never regained what was lost in the Great Recession. The U.S. Federal Reserve must be careful not to remove its monetary stimulus too quickly because of potential weakness in the labor market and risks of foreign economic downturns, Fed Governor Lael Brainard said on Monday.
“Today’s New Normal counsels prudence in the removal of policy accommodation,” Brainard said in prepared remarks to the Chicago Council on Global Affairs. She said the labor market might be farther from full strength than some economists believe, which means “the case to tighten policy preemptively is less compelling.” In other words even the shabby New Normal of the Obama economy is only sustainable if money keeps appearing out of thin air and banks can get infusions of this funny money at 0%. That should be the textbook definition of a political charade.
The problem with our economy is not that the American people don’t want to work. It isn’t that we are lazy as our president recently told his friends in communist Laos. It is that the cards dealt by the Central Bank are stacked. The central planners throughout the Obama Regime are ideologues who cannot see reality if it conflicts with their plan to transform America into a democratic people’s republic by the elites of the elites and for the elites.
According to Stephen Stanley, chief economist at Amherst Pierpont Securities, “The Federal Reserve has been too glued to theories that haven’t worked to restore robust economic growth since the last recession.”
“The central bank’s adherence to the idea that unemployment and weak demand can be cured with policies that encourage consumers, businesses and governments to rack up more debt ignores other problems with the economy,” he says.
“For the bulk of this expansion, the Fed has operated as if everything that was wrong with the economy was a cyclical shortfall in demand. The trouble is that it has become increasingly evident that this narrative was wrong.” Stanley continued.
Following a collapse in a massive U.S. housing bubble in 2007 the Fed responded to the resulting 2008 financial crisis, by cutting interest rates to a record low of about zero percent in an attempt to blunt the worst recession in 80 years. The Fed also tried several rounds of quantitative easing, a policy of buying government debt and mortgage securities from banks to help drive down borrowing costs, in other words pumping money into the system.
While the U.S. bounced back from recession and the unemployment rate fell from a 30-year high of 10 percent, since that time growth in the American economy has never exceeded 3 percent a year for the first time since World War II. In addition, the unemployment rate doesn’t include the over 90 million able bodied Americans who have decided to quit working and ride the government hammock into the sunset.
Stanley says Fed policymakers are too attached to the ideas of John Maynard Keynes, the hugely influential English economist who argued that deficit spending was necessary during recessions to maintain full employment. Keynesian theories make it difficult to distinguish short-term cyclical trends from long-term structural changes in the economy, Stanley says.
According to Stanley, pointing to a continuous fall in U.S. productivity, “Keynesians operate exclusively on the demand side of the economy, and much of what is holding the economy back in recent years has been operating on the supply side. There is also a strong leftward lean in ideology at the Federal Reserve, and it is thus very understandable that they have been very slow to recognize the damage done to growth over the past several years by hikes in marginal tax rates and a stifling regulatory environment.”
“The Fed’s fixation on core consumer price inflation also limits its ability to recognize major asset bubbles, such as in tech stocks and home prices,” Stanley says. The Core inflation rate is only a portion of the true inflation number yet that is all the Progressive media ever report on. The real inflation rate is much higher. For one thing the core rate does not include food or energy, two things everyone needs and two things whose prices have soared under Obama.
So how is this working out in the real world? Look at your bank balance, your life style, or your hopes for the future of your children. Or look at the rising tide of homelessness. This is a phenomenon that is hardly ever mentioned when a Democrat is in the White House. Today the march of poverty is too great for even the Progressive shills to ignore as Obamatowns begin to dot the landscape of a once prosperous nation.
According to Tyler Durden as posted on the website Zero Hedge, “Just like during the last economic crisis, homeless encampments are popping up all over the nation as poverty grows at a very alarming rate. According to the Department of Housing and Urban Development, more than half a million people are homeless in America right now, but that figure is increasing by the day. And it isn’t just adults that we are talking about. It has been reported that that the number of homeless children in this country has risen by 60 percent since the last recession, and Poverty USA says that a total of 1.6 million children slept either in a homeless shelter or in some other form of emergency housing at some point last year. Yes, the stock market may have been experiencing a temporary boom for the last couple of years, but for those on the low end of the economic scale things have just continued to deteriorate.”
Happy days are here again the progressive puppet masters and their media chorus sings as everyone else sinks into the third world. If the voters are so unenlightened that they don’t want to vote for a total transformation of their homeland import another population who will. If the economy is falling through the floor and prosperity is becoming poverty for the unwashed masses in fly-over country just redefine success and call it the New Normal. Then they live the high life in their gated communities as the rest of us struggle to survive. No wonder five of the ten richest counties in America surround the imperial capital as our servants grow fat and rich on the loot they expropriate from the rest of us.
Dr. Owens teaches History, Political Science, and Religion. He is the Historian of the Future @ http://drrobertowens.com © 2016 Contact Dr. Owens drrobertowens@hotmail.com Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens / Edited by Dr. Rosalie Owens