Obamanomics Delivers Worst Turkey Since 1932

One Turkey Gets Reprieve; Rest Get Axe

Nobody is really surprised by this development, but CNBC dutifully reports that this Thanksgiving week was the worst for the markets since 1932.  On the heals of miserable economic performance, and with all that has happened in Europe, it’s not likely to improve any time soon.  The Euro is on the verge of collapse, as US-based investors continue to balk at European banking institutions, and as they slide over the precipice, things aren’t looking any better here at home.  As I’ve explained before, our own banking system has thoroughly tied itself to the European mess that a significant collapse there will tend to spread its tentacles to this country in rapid fashion.  Perhaps in the worst sign of the day, now comes an early report that Black Friday spending by consumers was altogether flat.

No prolonged, significant recovery can commence until energy prices are brought under control, and as is now obvious, the only way to combat this in any sustainable fashion is to unleash domestic energy production.  Alas, the Obama administration is strangling our energy production, using EPA regulations to shut down coal-fired electric plants with no replacement of lost capacity.  Barack Obama is doing for the nation what his party first inflicted on California.  Rolling black-outs will likely become the norm next summer.  An economy like ours can never attain its most efficient stride under such a regime. Wealth and job creation require production, and production of anything at all requires energy.

Let us be honest enough to admit that we cannot recover while our President and his administration maintain their current course.  Since they are not likely to change course, we are stuck with this miserable economy.  It is for this reason that I believe that Barack Obama will go down to massive defeat in 2012.  Whomever replaces him, it will need to be an actual conservative, who will push for energy production, and who will act to lessen the regulatory burdens on the people of the United States.  Americans have been adaptive and creative people, but no people can be flexible enough to live on nothing, with no resources, and no energy.  This may be the most important lesson of the Obama administration:  You can’t make something out of nothing.  People who are accustomed to making lemonade have found that under this president, unless you happen to be one of those connected cronies, there aren’t even lemons.

The other thing we are going to be forced to address is the welfare state.  The welfare state in all its myriad forms has become a vast and overpowering drag on the economy of the United States.  Non-defense spending has exploded under Obama, and while many look to the defense budget when it comes time to swing the cutting axe, the truth is that the welfare state consumes fully two-thirds of our budget.  It is this spending that accounts for most of the growth in the federal deficit these last three years, and the time is rapidly approaching when we will be forced to choose: Welfare spending or economic growth.  Some will wonder what one has to do with the other, but it’s simply understood in this way:  Welfare-state spending is squeezing out private production and economic activity.  For far too many Americans, the welfare state has become a viable permanent alternative to work.

Barack Obama will be remembered for many things, and very few of them will be good.  When this President leaves office in January 2013, there can be some hope of a turnaround.  Until then, the American people are going to be made to suffer.  On the world stage too, Barack Obama has been a miserable failure, and with all the promises about making America more respected in the world, all this President has done is to multiply the contempt with which we are viewed.  If we are to have growth, and if we are to have hopeful economic times, we must replace this President and his band of cronies.  Like Sarah Palin, I believe “November [2012] can’t come soon enough.”

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6 Responses to Obamanomics Delivers Worst Turkey Since 1932

  1. eyetooth tom says:

    "Worst turkey"…learned today our "Butterball" like mother used to cook was a "halal" turkey, "halal" in arabic meaning lawful or permissable to eat. It had to be slaughtered in the Islamic fashion, head pointed to Mecca and issued an Islamic prayer.
    After consumption and learning of this my son said…we said blessing before…"Bless us, O Lord, for these, Thy gifts, which we are about to receive from Thy bounty. Help us to be mindful of all our blessings, and the needs of those who have less. Amen."
    I think that took care of that.
    Google …turkey in particular.

  2. eyetooth tom says:

    And do devout Islamic people in world and U.S. believe slaughter house folks follow their wishes? What if turkey struggles and head points to U.S.A. ?
    My folks came from England into North Carolina, then into the south land. In the '40's and 50's we ate squirrel that dad taught us to hunt, fried and momma ate the brains so that kids could eat the fried legs.
    It was good…but I didn't put my kids through that ! However, did fry myself one in the '80's, in remembrance. Kind of tough…maybe they don't make them like they used to? They went threw the Carter years too.
    Also basted turkey with a little bacon grease for flavor.

  3. eyetooth tom says:

    And on topic…lastly from this comment person….market turkey is now squirrel. Hope it does not become squirrel brains !

  4. Hank says:

    I found the following at wordpress.com. Snopes claims the quote (The Fall of the Athenian Republic by Alexander Frasser Tytler) to be mostly false but I found the concept is rather interesting. I am sure you have heard or read it at some point in your travels. The author of the following feels we are at number 7. I would like to think we around number 6 but that may be wishful thinking.

    "As you listen to the political speeches, platforms and promises of the 2008 presidential campaign, ponder the words of Alexander Fraser Tytler, a British lawyer and writer. Tytler believed that governments and democracy go through stages that last 200 years. His thoughts are rather amazing when compared to the current state of democracy in the US. I believe we are in the apathy to dependence stage. Listen to the presidential candidates speak of what you are due from government, what you are entitled to. Is this what you really want, dependence?
    A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until
    the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to lose fiscal policy, which is always followed by a dictatorship.
    The average age of the world’s greatest civilizations from the beginning of history has been about 200 years. During those 200 years, these nations always progressed through the following sequence:"
    1 From bondage to spiritual faith;
    2 From spiritual faith to great courage;
    3 From courage to liberty;
    4 From liberty to abundance;
    5 From abundance to complacency;
    6 From complacency to apathy;
    7 From apathy to dependence;
    8 From dependence back into bondage.

    I know it has been around the internet since around 2000 but it is still an interesting concept. I feel that we are in the "all about me" century. Get what I can get and the heck with you. I feel it can be seen with those participating in the OWS movement. In 1999 Windows had to come out with a new platform that they called Windows ME (Millennium Edition) . It did not last too long but I found the acronym interesting.

  5. moonprinces says:

    after purchasing a butterball turkey and cooking it i learned of the muslim garbage was performed on this turkey so being christians my family and i decided not to eat this food and feed it to the birds, i notified butterball of my anger at thier deception and will never purchase thier products again., i think all christians should call or e-mail them and tell them of your anger at what they have done