Addressing major donors to the Democratic Party (aka, Neo-Socialist Party) in Beverly Hills Barack Hussein Obama said this about the economy:

“It’s safe to say we have stepped back from the brink, that there is some calm that didn’t exist before.”

What is this intellectual midget talking about? “Brink”? “Calm”? Indirectly blaming the Bush administration once again!!!! We could only wish the Marxist/Fascist hybrid Obama would jump off the cliff and take his ilk with him.

The New York Times previously reported that three months since passing the stimulus bill only 6% of it has been spent so far. Another way to look at is that only $46 billion has been spent so far.

The intent of the stimulus program was to pump money into the economy quickly, and many members of Congress said at the time of its passage that speed was of the essence. But the huge program has been a challenge to administer for both a new administration and for states and local governments grappling with their own fiscal problems.

6% of the unnecessary spending bill fraudulently named “stimulus” to dupe the suckers known as the adoring public in American society. GM is bankrupt, Chrysler is bankrupt, Social Security is bankrupt and Obama is flying around to party with his Hollywood buddies on the taxpayer expense account.

The stimulus bill has directly injected around $45.6 billion into the economy, mostly to help states cover the costs of Medicaid and unemployment benefits, one-time $250 checks that were mailed to Social Security recipients last week and income tax cuts that began to take effect this spring.

Although states around the country are beginning roadwork projects, the Department of Transportation had spent only about $11 million on highway projects through the first week of May.

Remember when Obama attended a police academy graduation in Columbus, Ohio touting his “stimulus” spending bill and job creation? From CNN (Communist News Network):

“It was a success story the White House was eager to highlight: Earlier this year, President Obama attended the graduation of 25 police recruits in Columbus, Ohio, touting it as a victory for the federal stimulus package. On March 6 in Columbus, Ohio, President Obama touted the jobs the stimulus plan would save. Without the money, the officers never would have hit the streets.”

With the money, $1.2 million, they hit the street for a while. But then after the $1.2 million runs out to pay them, Columbus has to take over, and Columbus doesn’t have the money. Columbus police on Tuesday announced massive budget cuts that could mean hundreds of layoffs, including the 25 stimulus cop jobs. Among those who could lose their jobs, if voters reject the tax increase on the ballot, 25 new officers who shook the president’s hand. No other budget cuts are considered here? Only tax increases can save the day, Columbus, is that it?

How is this even a possibility? The Messiah touched these men. The Messiah declared these people saved. Where’s the stimulus? Obama had a recovery plan. How can this happen?

Powerline has this accurate take on Obama:

It has long been noticed that Obama’s slipperiness had been accepted by the left during the Hope-and-Change campaign when He took positions, for example and notably, NAFTA and foreign trade generally, on both sides of an issue. They were willing to cut Him slack in most cases precisely because they just assumed that, of course!!…He was lying….to someone…about the issue. Since each side could reasonably assume this — the unions that when He made free-trade noises when He assured Canada (and then lied about THAT!) that He wasn’t protectionist, and the rational liberals when He pandered to the unions on NAFTA in Ohio, for example — they could all support Him thinking He was lying….but to the other side!….”Don’t worry….we can trust Him because He’s lying” was, in effect, left-wing Hope.

The American auto industry is beyond the “brink”, they are in free fall. Thousands of auto dealers are receiving pink slips but statistical evidence that Chrysler dealers were shuttered on partisan grounds. Don’t fret, 16,000 jobs per month have gone beyond the “brink” since the Obama spending bill was passed over 100 days ago.

A quote from an attorney who deposed Chrysler’s president last week:

“It became clear to us that Chrysler does not see the wisdom of terminating 25 percent of its dealers… It really wasn’t Chrysler’s decision. They are under enormous pressure from the President’s automotive task force.”

Obama has:

• Continued to fast-track government control of health care with a $33 billion expansion of the State Children’s Health Insurance Program (SCHIP) which isn’t even limited to children and only worsened our nation’s health spending problem.
• Pushed through a $787 billion stimulus bill that essentially federalized the construction and renovation of public schools, began subsidizing health insurance for unemployed Americans regardless of income, created more than 30 new federal programs, effectively abolished the hugely successful 1996 welfare reform; and created a trillions dollars of new debt, to be dumped into the laps of our children and grandchildren.
• Passed an Omnibus spending bill that raised discretionary spending by 8%, contained 9,287 pork projects costing $13 billion, and spent $123 billion on programs for which government auditors can find no evidence of success.
• Used the $700 billion TARP slush fund to effectively nationalize General Motors, turn Chrysler over to the United Auto Workers union, and strong arm the nation’s banks into accepting taxpayer money and government control they did not want.

Obama’s upcoming agenda includes a trillion dollar energy tax, the stealth nationalization of the health care industry, and an economy killing rewrite of our nation’s labor laws.

I have called Obama a Marxist/Fascist hybrid and Thomas Sowell discusses the Fascist part of my equation.

“Oh, heavens, partially,” Sowell replied. “We’re not a socialist country, because the socialists believe in government ownership of the means of production. But, the fascists believe that the government should have private ownership and the politicians should tell people how to run the businesses. So that’s the route we seem to be going.”

Following is a portion of Mr. Sowell’s interview with Glenn Beck:

Beck: So what route is that again?

Sowell: That the private people still own the businesses but the politicians tell them what to do.

Beck: Right, but isn’t that, I’m trying to remember, that’s uh…

Sowell: That’s fascism. (Emphasis LCs)

Sowell argued it would take a “calamity” for people to realize that fascism is taking place – the issue being just how big it would be before the public could connect the dots.

“Well to do that, they would have to think,” Sowell explained. “And this whole personality cult has caught on in such a way that it is going to be a while before people start thinking. It is a question of how big of a calamity is it gonna take before they snap out of it.”

The Stanford University economist chastised Obama’s administration for leading the United States down this path economically and noted it would have an impact on the country’s foreign policy.

“Gosh, I hate to make predictions but I think the economy is, is gonna be permanently changed for the worse,” Sowell said. “I think our foreign policy is gonna lead to changes that will be definitely for the worse, particularly if we drift into a nuclear Iran, which I gather that’s what the administration is doing.”

Political intervention in private business is an invitation for the most brazen sort of corruption. Barack Hussein Obama is writing the latest chapter in political corruption and how to turn a free society into one dictated to by a mad regime.

Obama intentionally speaks out of both sides of his mouth while he conducts a takeover of a free society. His recent pick for the Supreme Court certainly reflects that ideology.

Obama had a crack pipe in his younger years but was able to learn the teachings of Saul Alinsky to change American society while burning the US Constitution.

On the “brink” of losing to Socialism. On the fast-track to Fascism.

As Obama said in L.A.:

“You ain’t seen nothing yet”

We’ve actually seen what we predicted. Indeed!