“This great Nation will endure as it has endured, will revive and will prosper. So, first of all, let me assert my firm belief that THE ONLY THING WE HAVE TO FEAR IS FEAR ITSELF”.
Said by Franklin Delano Roosevelt at his inauguration in 1933, during the height of the GREAT DEPRESSION.
Compare that with what is being said by today’s President Obama, who can’t find enough ways to spread fear amongst the American people, and financial instability around the planet.
“America is a shining city upon a hill whose beacon light guides freedom-loving people everywhere.” Ronald Reagan.
Compare that with what is being said by President Barack Obama as he describes the USA as a FAILED nation.
During Obama’s successful campaign to become President, his wife, Michelle Obama, who is now America’s FIRST LADY, was quoted as saying:
“For the first time in my adult lifetime, I’m really proud of my country”.
How could she have NEVER been proud to be an American in her adult life before her husband’s meteoric rise to prominence, given all the incredible advantages she, her husband, and their two daughters have enjoyed as Americans?
How could she have NEVER been proud to be an American as an adult, knowing the unmatched contributions her country has made throughout the world in EVERY category imaginable?
Also during the Leadership Campaign for Barack Obama, Michelle Obama said to the New Yorker Magazine:
“We’re a divided country, we’re a country that is JUST DOWNRIGHT MEAN, we are GUIDED BY FEAR, we’re a nation of cynics, sloths, and complacents.”
“We have become a nation of struggling folks who are barely making it every day. Folks are just jammed up, and it’s gotten worse over my lifetime. And, doggone it, I’m young. Forty-four!”
To listen to President Barack Obama and America’s First Lady Michelle Obama, you’d believe that America is a nasty failed state where people live in abject misery.
Between the two of them, they are approbating the worst sentiments the global hostile anti-American forces have been saying for decades.
Where Reagan sold a beautiful country – “A SHINING CITY UPON A HILL” to the American people and the world, the Obama’s are selling a country that is mean spirited and void of happiness.
Where FDR sold a message of courage – “THE ONLY THING WE HAVE TO FEAR IS FEAR ITSELF” to the people of the United States during very hard times, the Obama’s are selling despair.
We constantly hear how this is the WORST financial crisis to have ever hit the USA. WORSE THAN THE GREAT DEPRESSION!
This is not true.
The average unemployment rate throughout the USA is still well under 10%. During the Great Depression, it was 25% amongst people who wanted to work, taking into consideration that there were far fewer women who worked then, than there are who work today.
And what about the 12 – 20 MILLION illegals, many of whom are currently working in the USA UNDER THE TABLE? And what about the millions who are listed as unemployed who don’t want to work? Or who work for cash?
There is no comparison between now and the Great Depression.
In the height of the Great Depression, the Stock market fell 89%. Supposedly, failed bankers threw themselves out of windows. Today, they take MILLION dollar salaries and look through the windows of their Ivory Towers. No one jumps unless it is for a BAILOUT.
The 11-year average value of the Dow Jones from February 1998 to February 2009 hovers at around 11,000 Points, including 2007 and 2008 where much of the market was built upon corporate deceit, toxic investments, and very bad mortgages.
The difference between 11,000 Points and 8,000 Points is about 27%, so how does that compare to the 89% loss in the early 1930’s?
Closing Numbers In February for:
1998 the Dow Average was 8545
1999 the Dow Average was 9789
2000 the Dow Average was 10,128
2001 the Dow Average was 10,495
2002 the Dow Average was 10,106
2003 the Dow Average was 7891
2004 the Dow Average was 10,583
2005 the Dow Average was 10,766
2006 the Dow Average was 10,993
2007 the Dow Average was 12,268
2008 the Dow Average was 12,266
On February 10, 2009, the Dow Average closed at 7859 from over 8000 Points after Geithner’s Speech. That goes to show how much faith and trust the market has in Obama’s fiscal strategy or his tax-cheating Secretary of the Treasury.
The February Dow Jones average over an 11-year period is 11,090 Points. If you were to subtract the two best years and the two worst years, the average hovers at around 10,000 Points making the difference ONLY 20%.
Obama is on a MISERY-TOUR to the hardest hit cities in America to make his point that America is in a GRAVE CRISIS, where he is greeted like a rock star to standing ovations as he speaks about how bad it is.
The worse he says it is, the more they applaud.
The most horrible side to all of this, is that the more Obama speaks about how bad things are, THE WORSE THEY REALLY WILL BECOME.
I would like to say that the American voting public made a VERY BIG mistake in their selection of Obama for President. But I would be wrong.
THEY JUST MIGHT HAVE MADE THE WORST MISTAKE IN AMERICAN HISTORY.
Let’s hope the world can survive 4 years of Obama.
Best Regards . . . Howard Galganov