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Obama seems to have a huge chip on his shoulder and therefore, it causes him to see everything racial and American through a biased and defensive prism.
It is evident Obama believes white America is against him because he is black and he has surrounded himself with those who also feel and act comparably.
However, Obama cannot explain how he was elected twice because it took a lot of white voters, who he believes are stupid,
What Obama should have said when Ferguson occurred is looters obey the law, go home, let the legal process work and let it go at that but instead he and Holder sided with those who rushed to judgement and concluded another white policeman killed a black citizen simply because he was black.
The facts reveal otherwise. The deceased was a thuggish robber, attacked the policeman who sought to question him and disobeyed orders to stop etc.
Obama's presidency has failed not because he is black but because he is incompetent, does not have the temperament to be president, never had any executive responsibility and has a distorted view of America's history.
His mentors were radicals and his childhood background was a confused and troubled one.
I believe everyone running for the president should be required to take a "Rorschach Test" so we at least know what to expect because we will not get what we need to make a rational and informed judgment from our biased and protective media.and print folks and our schools no longer teach much that is meaningful by way of producing informed citizens.
Had this Test been required we might not have elected Carter, Nixon, Clinton for starters. But since we are 'stupid' perhaps we are hopelessly doomed.
So suck it up 'stupids' we are stuck with this turkey for another Thanksgiving.
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Members of the Congressional Black Caucus have now taken to theatrics by holding their hands up to signify 'don't shoot.'
I would suggest they should be holding a stolen box of cigars or TV to project the accurate image.!
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According to a recent survey alleged business optimism is fading?
In view of the fact that the current Administration maintains a negative view toward business, believes government is the fountain from which all economic blessings flow, Obama is unwilling to compromise when it comes to energy expansion, tax relief, wants to destroy the coal industry, adds layers of new costly and anti-productive rules and regulations on a daily basis etc. it is, therefore, reasonable that capitalists are reluctant to commit capital.
As the effect of this administration's anti-business attitude takes hold, its health care initiatives add to the transfer of wealth and The Fed concludes it is time to suspend stimulation lack of confidence in America's economic outlook is justified.
Finally, the lies and failures, domestic and foreign, of this administration are also not confidence builders. Consequently, small business is taking it in the neck and with imposed minimum wage and health care costs they too see no reason to cheer!
To some degree, our own economy depends upon the health and well being of the world's economy and with Russia and most of Europe in the tank, Japan impacted by deflation and China's growth ebbing it is little wonder executives are apprehensive.
And lest we forget there is ISIS and Iran and our inability and/or unwillingness to deal with the reality those threats pose.
The decline in energy prices is a positive but the other side of that coin reflects the fact that demand is unable to absorb the increase in supply and that reflects what I have just described, ie. the world is continuing to experience a sustained period of growth challenges and thus, stress! (See 1 below.)
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Nostalgic?
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Dick
--------------------------------------------------------------------------------------------------------------------------1) Top Businessmen Less Optimistic about Economy
As per a survey, the nation's top businessmen are not quite optimistic about the nation's economy. Owing to this reason, they have planned to reduce investments in their businesses over the next six months.
Despite being less positive about the economy's direction, the top corporate chief executives are planning to hire more workers. In the survey, 129 CEOs were involved and they think that the economy would expand about 2.4% next year and the same level of growth they expected this year.
This year, the growth is at average of about 2.1%, but the percentage declined due to first-quarter contraction.
The Business Roundtable's economic outlook index declined from 86.4 in the third quarter to 85.1. The decline is said to be the second straight quarterly decline for the index. The index acts as a measure of the plans of CEOs for sales, capital spending and hiring. The index goes from -50 to 150 and the reading above 50 indicates that economy is expanding.
AT&T Inc. CEO Randall Stephenson, the group's chairman, said that economy's performance was lower than its potential. Just 36% of executives affirmed that they are planning to increase capital spending in the next six months. The percentage was down from 39% in the third quarter and 13% said that they are planning to decrease spending, which is up from 10% in the third quarter.
Stephenson affirmed that capital investments can increase economic growth and overhauling the corporate tax code may help strengthen the spending. "Our CEOs identified U.S. tax policy as the most significant barrier to more investment", affirmed Stephenson.
As per the survey, the Business Roundtable wants the corporate tax to be lowered. Currently, the US rate is 35% and the group wants the tax rate reduced to 25%. Republicans and Democrats also agree that the corporate tax should be lowered.
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