It is interesting that every plan put into motion by the Obama Administration to infuse cash into the nation's largest corporations, insurance interests, brokerage houses, and banks, including auto dealers has backfired miserably. It has neither created jobs, unemployment has arisen to new highs - nor has it spurred growth in the private sector, primarily because the federal government is crowding the private sector out of borrowing, and its profligate spending has enabled the Federal Reserve to monetize this debt into the stratosphere of tens of trillions of dollars by printing more greenbacks to meet the increased liquidity brought on by the spending. The private sector is being hammered by the government with higher regulatory costs, higher taxes, and banks which are unwilling to lend much needed capital for procurements and growth because they are not certain of the current stability of the system itself.
In the face of this reality, the Obama Administration continues on its ideological funk of thinking it can do more along the same lines and get different results. It is in a dreamland of Socialist Leftist ideology which impairs it to even the most common of economic senses - tax reduction on business to spur growth and jobs.
The Obama Administration has become a modern day version of Hitler in the bunker, inasmuch as it is unwilling to see the reality around it, and instead is wed to the Marxist ideology of its key members and its leader, the current occupant of the White House; President Barack Hussein Obama.
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