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Dear Editor:
Presidency In Disarray
President Obama is
in disarray and heading in many directions, thereby diluting our
efforts, our energies, and our resources needed to move this country
forward.
It seems like
President Obama is continuously hovering over us on TV, radio and the
internet in campaign mode to promote his agenda of large scale social
programs, big government, government control of domestic programs, and
the appeasement and enabling of our adversaries.
Obama’s concurrent
policies and programs include the following:
--A stimulus plan
that has created on the order of a few hundred thousand jobs, because
the recovery plan was poorly designed and concentrated on social welfare
programs. Obama predicted the creation of 3.5 million new jobs by the
end of 2010. We will be lucky if 1 to 1.5 million new jobs are created
by December 2010.
--A $2 trillion
deficit in FY 2010 and annual deficits of $1 trillion for many years
thereafter. Our national debt will go from $11.5 trillion now to $24
trillion by 2019.
--Government involvement in private industry with huge bailouts of the
automobile manufacturers, AIG, and major banks.
--A government run
healthcare program with more government interference and control. It
could cost $1 trillion, and to help pay for it Obama proposes to
significantly raise taxes on successful individuals and small
businesses. The crushing costs could force many small businesses into
bankruptcy. And Obama’s healthcare opponents are being labeled by the
Administration as right wing extremists.
--A $12 billion
program for community colleges.
--A cap and trade
policy which will hurt the U.S. economy.
--Alternative energy
programs which will only provide 10% to 20% of our energy requirements.
We need domestic oil and natural gas production and nuclear power
plants.
--Financial
regulatory reforms generating government control of private industry,
and some economically unsound programs. Example: The Administration
wants the net asset value of money market funds to float up and down
from $1 in response to economic conditions. This will kill money market
funds and the safe havens investors seek in times of financial
uncertainty.
--Completely exiting
Iraq by 2010. This could lead to civil war and more instability in the
Middle East.
--Significantly
ramping up the war in Afghanistan. We will probably have 100,000 troops
there within a few years, which will continue a drain on our economy and
military. This is Obama’s war.
--A very timid
response to the Iranian government crackdown on demonstrators, and a
lackluster response to the development of Iranian nuclear weapons and
missile delivery systems.
--A weak response to
North Korean belligerence and its development and proliferation of
nuclear weapons and long range missiles.
--A proposed new
nuclear arms treaty with Russia which will significantly reduce the
availability of nuclear weapons/missile delivery systems. This program
is being promoted by the Obama Administration in the face of increased
availability of nuclear missiles by Communist China, Communist North
Korea, and Fascist Iran.
--Cozying up to and
appeasing the dictators of the world. Barack Obama could be the Neville
Chamberlain of the 21st century.
President Obama has
his fingers in many pies. He has to start prioritizing his policies and
programs, and concentrate on focused and rational domestic and global
initiatives most crucial to our economy and security. He has to
extricate himself from all the gooey pies, overcome his reckless
arrogance, and start being a chief executive.
Donald A. Moskowitz
Londonderry, NH
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