Dear Leader has given his first national address on November 15 2008.
In it he talks about the gathering of the G20 nations and the effort they are making to fix the world economic recession. The recession that resulted from President Clinton and his changes to the Community Reinvestment Act of 1995. It is amazing how such a small social engineering regulation can nearly destroy the worlds banking system after just 13 years. A lesson for anyone who doesn’t run far when the government comes saying they want to help you.
He also continues to bash Bush’s economy, as bad as any we have had since the Great Depression, even though it is not nearly as bad as Carter’s 1970’s. The current economy is suffering from Democratic blockage of Republican efforts to reign in the damage of the CRA. We would not be in this mess if Fannie Mae and Freddie Mac had been reigned in 5 years ago when republicans wanted to. The money Dear Leader got from Fannie Mae and Freddie Mac are talking there.
And he decries the loss of 1.2 million jobs. As in the struggling Auto industry. His Union money is talking now. The Unions have caused too many of our industries to become uncompetitive in the Global economy. Factories are closing and going overseas where Unions won’t nickel and dime them to death.
He talks about $15 Billion a year for 5 million clean energy jobs. That’s $3,000 a year per job. Pretty good wages for government work I guess. The free market will have to pony up the living wages and material. Nothing about spending the $700 Billion a year we spend for overseas oil that we could spend on oil drilling and the support jobs here, now. Hmm… $15 Billion a year, $700 Billion a year. I wonder which would be a better economic stimulus package.
Dear Leader’s health care plan should be great for American productivity, as we all spend a entire day waiting at the doctor’s office for a 15 minute visit. Then wait 2 months to get an appointment for a screening biopsy for a cancer that will kill us in 3 months.
His speech deconstructed.
This is his speech on the California Climate Symposium, deconstructed.