Washington Evening Journal
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Neighbors Growing Together | Sep 18, 2014

Finishing what they began

By Cynthia Anderson | Nov 20, 2012

November 7, 2012

Washington, Iowa

 

To the Editor:

In ads aired REPEATEDLY Election Day, Mrs. Obama stated, “Iowa is where it all began for us four years ago … I know you (Iowa) will help us finish what we began. …”

Seriously, Mrs. Obama? Let your husband and his administration “finish” spiraling us downward into record-breaking debt at an unbelievable and frightening rate? This is Grassroots America you’re talking to here. We didn’t go to school just to eat our lunch. We’re smarter than that!

Let your husband and his administration continue to reach in and empty our pockets so that not just a portion of America will be dependent on government assistance, but that ALL of us can be dependent on government assistance and thereby give the government “permission” to then interfere in every aspect of our lives? Seriously, Mrs. Obama? We’re smarter than that! We know that’s not what the founding fathers intended when they established this great nation … it was all about independence, NOT dependence.

Let your husband and his administration “finish” what he began by allowing the continuing cover-up of the horrific slaughter of a U.S. ambassador and those committed to protecting him while he (the President) watched this evolve in “real time” fully aware that a single phone call would’ve provided the desperately needed support from those alerted and ready to respond? Presidents have been impeached for far less. Seriously, Mrs. Obama? We are smarter than that.

The election results are in.

There’s a saying: “Fool me once? Shame on you. Fool me twice? Shame on me!”

Shame on us, Iowa. Shame on us! I really DID think we were smarter than that.

 

Cynthia Anderson

Comments (9)
Posted by: Glen Peiffer | Dec 30, 2012 04:29

How hedge fund manager John Paulson bet against the real estate bubble and made $15 billion in a single year.

In a span of just three years, hedge-fund manager John Paulson went from practically unknown to practically unparalleled. After a series of smart bets against the housing market made Paulson's hedge fund billions of dollars—

In his new book, The Greatest Trade Ever, Gregory Zuckerman, a reporter at The Wall Street Journal, examines how the unlikely team of Paulson and assistant Paolo Pellegrini—as well as a few other investors—bucked conventional wisdom and saw through the housing hype.

Current Fed Chairman Ben Bernanke is following in the footsteps of his predecessor by massively expanding the money supply by purchasing Treasury debt. He is creating prime conditions for a calamity by the end of this decade. Central bankers today announced an aggressive program to continue purchasing mortgage-backed securities at a rate of $40 billion a month, and also buy long-term Treasuries after the current program expires at the end of the year, starting at a $45 billion-a-month pace.



Posted by: Glen Peiffer | Dec 12, 2012 14:03

The Federal Reserve, under the chairmanship of Alan Greenspan, created the massive housing bubble by over-expanding the money supply. Presidents Clinton and Bush and members of Congress, through the Community Reinvestment Act, intimidated banks and other financial institutions into making home loans to people ineligible for loans under traditional lending criteria. They became subprime lenders. Lending institutions made these loans, now often demeaned as predator loans, because they knew they'd be sold to government-sponsored enterprises (GSEs) Freddie and Fannie.

The GSEs had no problem taking this risky path, because they knew that Congress would force taxpayers to bail them out. Current Fed Chairman Ben Bernanke is following in the footsteps of his predecessor by massively expanding the money supply by purchasing Treasury debt. He is creating prime conditions for a calamity by the end of this decade. Central bankers today announced an aggressive program to continue purchasing mortgage-backed securities at a rate of $40 billion a month, and also buy long-term Treasuries after the current program expires at the end of the year, starting at a $45 billion-a-month pace.



Posted by: Glen Peiffer | Dec 04, 2012 23:29
Posted by: Glen Peiffer | Dec 04, 2012 12:01

Ronald Reagan once famously declared that inflation is a tax, but sadly most Americans did not really grasp what he was talking about. Obama has added about 2.1 trillion dollars to the money supply. If inflation was measured the same way that it was back in 1980, the annual rate of inflation would be more than 10 percent right now. When Barack Obama first took office, an ounce of gold was selling for about $850. Today an ounce of gold costs more than $1700 an ounce. During the Obama administration, worker health insurance costs have risen by 23 percent. The average price of a gallon of gasoline in the United States is now up to $3.72. It has increased by more than 90 percent since Barack Obama became president.



Posted by: Glen Peiffer | Nov 30, 2012 12:57

In "Dreams of My Father" Barack Obama bragged about smoking reefer, drinking beer and enthusiastically doing drugs in high school. What a role model! The man America elected to run the U.S. economy and to be Commander in Chief.



Posted by: Glen Peiffer | Nov 27, 2012 00:04

JoAnn, you talk about the "expense" of the Iraq war and how "we will pay for a long time..." as if your only concern is the money. I wish that you were more concerned about the 4,487 US Soldiers killed and the 32,223 seriously wounded. Many soldiers consider President Obama's position that the war was a mistake, a disservice to the military and their sacrifice.



Posted by: Glen Peiffer | Nov 26, 2012 23:12

Hate and class warfare seems to your agenda, JoAnn. There was a time in America when we admired successful people and those that achieved the "American Dream". You have made remarks on several occasion that have shown your resentment towards those that have been successful in our capitalist system. America was founded on the principle that every person has a God-given right to go as far as our talents and work can take us.

Socialism in general has a record of failure so blatant that only a person with limited knowledge of history or economic literacy could ignore its failures. American prosperity and American free enterprise are both highly unusual in the world, and we should not overlook the possibility that the two are connected.



Posted by: Robert Dale Zager | Nov 26, 2012 16:28

The war in Iraq was a HUGE expense that we will pay for for along time... Some people scam the government , but we are a nation that has safety nets for people down on their luck or just plain in need. I find most of these comments about Mrs. Obama and our President   hateful .  I think Iowa got it right. Romney was a rich man who said anything to anybody just to be POTUS. I did not think that G W Bush was a good president, but i was always respectful of his office and never said vicious things about his wife.   Your right to free speech is intact I just do not agree with either of you or the hateful ways you both say things... JAzager



Posted by: Glen Peiffer | Nov 20, 2012 17:11

Obama is going to turn this country into a flub-a-dub. We have gone from the Greatest Generation to the entitlement generation
Taxes are set to rise in January, pushing the top rate on dividends to 43.4 percent from 15 percent and the top rate on capital gains to 23.8 percent from 15 percent. Even if Congress averts the so-called fiscal cliff of tax increases on investments, income and estates, pressure to reduce budget deficits will mean higher taxes eventually, said Ron Florance of Wells Fargo & Co.



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