THE DAMAGE OBAMA HAS DONE

By Dick Morris And Eileen McGann 02.15.2011

The mainstream media does not cover the full extent of the damage the Obama Administration has inflicted on this country. Even FoxNews often doesn’t have the time to go into sufficient depth to explain what is happening.

From our friend Ruth S. King comes a chart which all of us should read and absorb, sobering though it may be:

• January 2009 Today % chg Source
• Avg. retail price/gallon gas in U.S. $1.83 $3.104 69.6% 1
• Crude oil, European Brent (barrel) $43.48 $99.02 127.7% 2
• Crude oil, West TX Inter. (barrel) $38.74 $91.38 135.9% 2
• Gold: London (per troy oz.) $853.25 $1,369.50 60.5% 2
• Corn, No.2 yellow, Central IL $3.56 $6.33 78.1% 2
• Soybeans, No. 1 yellow, IL $9.66 $13.75 42.3% 2
• Sugar, cane, raw, world, lb. fob $13.37 $35.39 164.7% 2
• Unemployment rate, non-farm, overall 7.6% 9.4% 23.7% 3
• Unemployment rate, blacks 12.6% 15.8% 25.4% 3
• Number of unemployed 11,616,000 14,485,000 24.7% 3
• Number of fed. employees, ex. military (curr = 12/10 prelim) 2,779,000 2,840,000 2.2% 3
• Real median household income (2008 v 2009) $50,112 $49,777 -0.7% 4
• Number of food stamp recipients (curr = 10/10) 31,983,716 43,200,878 35.1% 5
• Number of unemployment benefit recipients (curr = 12/10) 7,526,598 9,193,838 22.2% 6
• Number of long-term unemployed 2,600,000 6,400,000 146.2% 3
• Poverty rate, individuals (2008 v 2009) 13.2% 14.3% 8.3% 4
• People in poverty in U.S. (2008 v 2009) 39,800,000 43,600,000 9.5% 4
• U.S. rank in Economic Freedom World Rankings 5 9 n/a 10
• Present Situation Index (curr = 12/10) 29.9 23.5 -21.4% 11
• Failed banks (curr = 2010 + 2011 to date) 140 164 17.1% 12
• U.S. dollar versus Japanese yen exchange rate 89.76 82.03 -8.6% 2
• U.S. money supply, M1, in billions (curr = 12/10 prelim) 1,575.1 1,865.7 18.4% 13
• U.S. money supply, M2, in billions (curr = 12/10 prelim) 8,310.9 8,852.3 6.5% 13
• National debt, in trillions $10.627 $14.052 32.2% 14

Just take this last item: In the last two years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation’s history. Over 27 times as fast! Metaphorically, speaking, if you are driving in the right lane doing 65 MPH and a car rockets past you in the left lane 27 times faster . . . it would be doing 1,755 MPH!

1. U.S. Energy Information Administration
2. Wall Street Journal
3. Bureau of Labor Statistics
4. Census Bureau
5. USDA
6. U.S. Dept. of Labor
7. FHFA;
8. Standard & Poor’s/Case-Shiller
9. RealtyTrac
10. Heritage Foundation and WSJ
11. The Conference Board
12. FDIC
13. Federal Reserve
14. U.S. Treasury

No government ever voluntarily reduces itself in size. Government programs, once launched, never disappear. Actually, a government bureau is the nearest thing to eternal life we'll ever see on this earth!
- Ronald Reagan

Just Words Just Speeches
Barack Obama - 2008

The Perfect Quote

Some people have the vocabulary to sum up things in a way that you can quickly understand them. This quote came from the Czech Republic. Someone over there has it figured out. It was translated into English from an article in the Prague newspaper, Prager Zeitungon.

“The danger to America is not Barack Obama, but a citizenry capable of entrusting a man like him with the Presidency. It will be far easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to a depraved electorate willing to have such a man for their president. The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails America. Blaming the prince of fools should not blind anyone to the vast confederacy of fools that made him their prince. The Republic can survive a Barack Obama, who is, after all, merely a fool. It is less likely to survive a multitude of fools, such as those who made him their President.”