The Daily Star, Oneonta, NY - otsego county news, delaware county news, oneonta news, oneonta sports

April 24, 2012

President Obama provides little hope and change

Daily Star

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With a little luck and divine providence, my President Barack Obama will be elected again. He certainly deserves another four years.

Let us consider the sad state of affairs upon his election in 2008. The average price of a gallon of gas was a whopping $1.89, and the housing bubble created by Fannie Mae and Freddie Mac had burst. Our skies were being darkened by fossil fuels. The auto industry was on its knees and teetering on bankruptcy. Slightly more than 10 percent of the population had no health care, and unemployment was at 7.2 percent. President Obama seized the moment and made the tough calls.

First, from 2008 to 2012, a gallon of gas rose by only 114 percent to a mere $4.04, and that's a good thing. As folks can no longer afford to fill their tanks, they will be walking. We'll have less hydrocarbons and a bonus of better health, through more exercise.

Second, Fannie and Freddie are now almost solvent. They are losing just $42.2 million per day. This is one American who knows where the credit lies.

Third, to save our grandchildren from environmental chaos, almost a billion was "sacrificed" on private "green" industries, such as Solyndra.

Then, General Motors was seized, and its common stock became worthless. Well, not really worthless. It can be used as Scott's tissue. The fact that many thousands of retired folks lost their nest eggs is a small price to pay for union and government ownership of GM.

Next, capitalizing on that success, my president instituted a bold program called "Cash for Clunkers." Through careful planning and skillful implementation, funds totaling $3 billion were given to enhance trade-in values toward the purchase of new fuel-efficient vehicles.

This resulted in fuel saving of a stunning 0.6 mpg. Furthermore, of the top 10 models sold during "Cash for Clunkers," eight were Toyotas, Hondas, Nissans and Hyundais. Ford, the only American company in the top 10, accounted for just two models.

Then, during his State of the Union, we were told that 40 million out of 310 million Americans do not have medical coverage.

It was a moment of epic decision. Our government, which can't manage a worm farm, must step to the plate and take over all health care to ensure that the last 10 percent are covered. Thank goodness for President Obama!

Earlier, with some of the best minds in the country, he instituted a stimulus package, which surgically targeted spending to prevent unemployment from rising above 8 percent. $787 billion was spent, but unemployment still rose, and today, ranges between 8.3 percent and 9.5 percent. My president correctly blamed George Bush.

However, pundits claim that 4 million jobs were created. $787 billion spent divided by 4 million jobs equals $200,000 per job. Thank you, Mr. President.

Finally, from 2008 to 2012, our national debt increased by 64 percent to a whopping $16.4 trillion, but bold moves make money, and how can we put a price on salvation? That is precisely why we must have Barack Obama for another four years.

By running the numbers based on his first three-plus years, in March 2016, a gallon of gas should be up another 114 percent. That's going from $4.04 to $8.64 per gallon. We'll all be walking, but the air will be clean.

Then, imagine the continued success of Fannie and Freddie. With congressional oversight and presidential guidance, the paltry daily losses of $42.2 million are almost inconsequential.

Next, our environment will be safe for at least another four years, if my president continues to sacrifice billions on "green" technology. Let's call it, "Solyndra-Book II."

Hopefully, the American automobile industry will continue to produce many splendid products such as the Chevy Volt.

More good news. Based on the success of the first, President Obama has already proposed another stimulus package.

Unemployment should drop like a Dick Cheney hunting buddy.

Surely, the "unelected" Supreme Court will not strike down Obamacare, and with my president and the Washington bureaucracy at the helm, today's health care will be but a memory.

Finally, we are able to project another measly 64 percent increase in our national debt. By the end of 2016, we'll be "looking pretty" with only $27+ trillion in hock. Hey guys, how do you like that "Hope and Change" now? If it's not working out, do something about it. On Saturday, May 12, here at River Valley, the Central New York Tea Party Patriots are having a tea party. It begins at noon. Let's work to defeat Obama and restore the greatness of America.

Congratulations to Tom Sears upon the publication of his new book, "On The Right Side." It is a collection of his finest columns, graciously released by The Daily Star for publication. It is a liberal's worst nightmare, and caution should be used when reading. We have copies for sale at River Valley or order online at The price is $12.95, and for every book sold, $2 goes to the Wounded Warriors Program. Add $2.50 for shipping and receive your copy in seven to 10 days.

Chuck Pinkey is the owner of River Valley New Holland Inc., in Otego. He can be reached at The views expressed in this column do not necessarily reflect those of The Daily Star and its editorial board.