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defeatsocialism 2 posts  |  Last Activity: Jun 1, 2016 8:20 PM Member since: Apr 12, 2009
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  • defeatsocialism defeatsocialism Jun 1, 2016 8:20 PM Flag

    Obama and Chavez are so much alike. Chavez destroyed Venezuela, and Obama did his best to destroy America. He added around $8 trillion to the national debt by ignoring Simpson Bowles, destroying tax base by heavy regulations resulting in massive layoffs and lowest workforce participation rate since Carter, and increasing welfare payments resulting in record number of citizens on food stamps. He tried his best to destroy the military and Christian values. When interest rates return to normal, the debt added under Obama's reign of terror will result in higher annual deficits of around $600 billion per year. The deficits are going to explode when interest rates go back to normal thanks to Obama. Unfortunately, the president that is in office when interest rates return to normal will be blamed for the higher deficits instead of Obama.

    Sentiment: Hold

  • Socialism and over-regulation leads to fewer jobs, lower average standard of living, and more poverty. Hundreds of thousands of jobs have been lost, and many families have been significantly harmed by layoffs as a result of Frank Todd legislation, and heavy handed Treasury dept that continues to oppress the financial institutions with more and more regulations and lawsuits. The only winners have been the Democratic party that peddle divisive politics, i.e. rich versus poor, white versus black & hispanics, and men versus women.

    The irony is that the Investment Bankers continue to give Hillary and the Democrats more campaign financing than the Republicans. How stupid is the leadership of these banks?

    Capitalism results in the unequal distribution of wealth, whereas socialism results in the equal distribution of poverty. One only has to look at the streets of Cuba and Venezuela to see what Bernie's world and the policies of Obama will ultimately lead to if not for the checks and balances of the conservatives. Elect Hillary and the Supreme Court will be filled with extremist liberals who will get rid of the checks and balances on the executive branch and legislate from the bench. The U.S. could easily collapse with 8 more years of liberalism.

    Sentiment: Hold

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