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President Obama Could Use Lemonade Stand Training

(via COMTEX News Network)--

- Socio-Political Commentary -

June 8, 2011 (FinancialWire) (By "The Political Prophet"(R)) -- Editor's note: Socio-political events and developments have a direct impact on the market. In the interest of providing shareholders and investors with a broad spectrum of information in regard to such potentially impactful occurrences, FinancialWire(tm) contributor, "The Political Prophet"(R), offers advanced insight with potential ramifications for virtually the entire market spectrum, perhaps best represented by bellwether-type ETFs such as the Health Care Select Sector SPDR ETF (NYSE: XLV), the Market Vectors Agribusiness ETF (NYSE: MOO), the SPDR Gold Trust (NYSE: GLD), the iPath Goldman Sachs Crude Oil ETF (NYSE: OIL), the iShares Dow Jones US Real Estate ETF (NYSE: IYR), the PowerShares Global Progressive Transportation Portfolio ETF (NASDAQ: PTRP), the Claymore U.S. Capital Markets Bond ETF (NYSE: UBD), the Technology Select Sector SPDR ETF (NYSE: XLK), the Industrial Select Sector SPDR ETF (NYSE: XLI) and the PowerShares DB US Dollar Index Bullish Fund (NYSE: UUP), to name just a few. To that end, here's the latest entry from FinancialWire contributor, "The Political Prophet"(R):

We Predict: Obamanomics will flunk the recovery test for another seventeen months.

The results produced by President Obama's economic policies make it obvious that he is trapped by his own inexperience and is a captive of his radical left ideology. He has never met a payroll or run a business, even one as small as a lemonade stand. The continuing failure of his policies and the ideology that spawns them has become a threat to the majority of Americans. Centralized government decision making always fails. Excessive government spending always fails. Unmanageable debt always fails. Government controls produced by mischief-making radicals always fails. When these failures occur simultaneously as they have today, the problems become catastrophic.

Obama's failed policies are hurting millions of individuals with job loss and family business failures. Sadly, the burden of broken government is not shared fairly. The claim that "the rich get richer and the poor get poorer" is absolutely true. It is the folks at the bottom who get hurt worst when things go bad. Conversely, they have greater opportunities to prosper when economic growth is in full swing. The rich, as they say, "have friends in high places" so they usually get the government's helping hand during periods of economic downturn.

Wall Street and big unions get tax funded bailouts while family businesses on Main Street get road blocks in the form of costly controls, Obamacare and fiscal uncertainty. The primary creator of jobs in America, small business, has been hog-tied by the policies demanded by President Obama. Clearly, his agenda is not a jobs agenda. Rather than assurances of common sense, Obama keeps threatening tax increases on family businesses, nominating radicals with anti-business agendas for key positions, and creating exactly the kind of economic uncertainty that freezes job creators in their tracks.

Usually, the people who operate small businesses make their expansion decisions based on facts. Before they put their families' money at risk, they analyze cost and opportunity. Obama's continuous threats to increase their costs, (tax increases and regulatory expense) plus the shriveling opportunity caused by his weak economic policies forces job creators to base their growth plans on the worst of both worlds. It is no surprise that job growth is way too slow. People who live paycheck to paycheck are hurt the most by Obama's plans. His friends on Wall Street and in the government employee union halls continue to do quite well. In return, they are being told to contribute huge sums to the Obama political campaign to protect the advantages they get while he is in office.

We Predict: When the next devastating report comes in, Obama will be encouraged by some advisors to change course by moving away from his failed economic policies. With a slick head-fake, he will claim that he is making "adjustments" but the Obama agenda to remake America will remain the same.

We must remember that for him, the Presidency is a mere stepping stone to what he sees as a higher ambition involving world leadership. The more he can make America look like Europe, the closer he feels he is to his real goal.

We Predict: The Presidential election of 2012 will be unique in several respects but one big difference will be the understanding and intuition a majority of the actual voters have about the threat, opportunity cost and immediate danger of Obamanomics. Rasmussen's latest study on the matter shows almost two-thirds (64%) of likely voters feel the government (under Obama) is not tough enough on Wall Street. Over two-thirds (68%) believe government and big business work together against consumers and investors. Republicans must improve their messaging techniques to capitalize on this opportunity but, unfortunately, we continue to get mixed messages from some Party Leaders in Washington. Congressman Ryan is starting to do much better by managing the basics (ie: Medicare IS being forced to change so we can protect it or stand idle while the radicals politicize the Medicare decision process through Obamacare cuts and political appointments to medical rationing boards).

In case some of your constituents or associates have forgotten the way Socialism is designed to work, you might remind them that one of the prominent world leaders of that group apparently thought he was entitled to forced sex with the maid because someone paid $3000 per night for his hotel suite. When you think about it, that tells you all you need to know about Socialist rationale in its most pure form.


Resource note: Original May 7 article posted by Investrend Syndications (at


Reporters tell us what happened yesterday. Pollsters tell us what is happening today. THE POLITICAL PROPHET(R) tells us what is likely to happen tomorrow. An elite team of political strategists with Presidential campaign experience provides analytical predictions that tend to be more precise than offerings from those who have never been "in the arena." To assure objectivity, team members are not involved with active candidates.

The Political Prophet(R) and all derivatives of The Political Prophet(R) in any form are registered trademarks of The Political Prophet(R) and are subject to proprietary trademark, intellectual property and copyright Laws. Copyright (C), The Political Prophet(R), All rights reserved.


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