Thursday, September 10, 2009

Obamablitzkrieg

Before I get into anything else, I want to point out that 358,471 homes received a default or auction notice or were seized last month. 90,000 were seized the month before. Somewhere in the neighborhood of 800,000 folks lost their unemployment insurance last month, and are no longer counted as unemployed.

Some housing statistics here:

http://www.bloomberg.com/apps/news?pid=20603037&sid=a3dnPxhcGAxs

Although this headline seems deceptive:
Foreclosure Filings Dip From July to August

http://www.newsmax.com/us/us_foreclosure_rates/2009/09/10/258255.html

It tries to put a happy spin on the same numbers.

Like the happy spin they put on unemployment. First they mess with the numbers to make them lower, then they say because only 250,000 jobs were lost, things are looking up.

Or, you could say, that companies have already shed all the jobs they can afford to and stay in business and now we are seeing the unemployment numbers from companies that are going under,

Taxpayers Unlikely to Recover GM, Chrysler Investment

http://www.bloomberg.com/apps/news?pid=20601209&sid=aUSIL6EM5ons

I'm sure this comes as a news flash. So much for the promise that the government will get out of the auto business. Oh course if you believed that, I have some land for sale.

As for the Obamablitzkreig, I'll let you all decide what is fantasy and what is real. But I think I now understand why the Unions are pushing so hard for this bill. It would appears that buried deep in the bill is a little section that will force the Unionization of America's health care workers. And once the door is opened.

Read the Union Health-Care Label


http://online.wsj.com/article/SB10001424052970203440104574400571702189240.html

The devil is always in the details. And the President is always vague about any details, just keeps rambling on about his wish list of fantasy dreams.

Everything that folks have been objecting to is right out of the House Bill, HR 3200, that they posted online. Everything the president says is a lie, is written in that Bill.

If that isn't what they have planned for us, then maybe they should not have posted it for public review. I think Pelosi and Reid thought the American public would be too stupid and uninterested to actually read the thing, since they have not.

Everyday, just a little closer to the abyss.

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