Why Obama 2012 Win Will Make Deflation and the Greater Depression Worse
By Dr. Walter Williams
Can President Obama be defeated in 2012? No. He can't. I am going on record as saying that President Barack Obama will win a second term.
The media won't tell you this because a good election campaign means hundreds of millions (or in Obama's case billions) of dollars to them in advertising.
But the truth is, there simply are no conditions under which Barack Obama can be defeated in 2012.
The quality of the Republican candidate doesn't matter. Obama gets reelected. Nine percent unemployment? No problem. Obama will win. Gas prices moving toward five dollars a gallon? He still wins. The economy soars or goes into the gutter. Obama wins. War in the Middle East? He wins a second term.
America's role as the leading Superpower disappears? Hurrah for Barack Obama! The U.S. government rushes toward bankruptcy, the dollar continues to sink on world markets and the price of daily goods and services soars due to inflation fueled by Obama's extraordinary deficit spending? Obama wins handily.
You are crazy Williams. Don't you understand how volatile politics can be when overall economic, government, and world conditions are declining? Sure I do.
And that's why I know Obama will win. The American people are notoriously ignorant of economics. And economics is the key to why Obama should be defeated.
Even when Obama's policies lead the nation to final ruin, the majority of the American people are going to believe the bait-and-switch tactics Obama and his supporters in the media will use to explain why it isn't his fault. After all, things were much worse than understood when he took office.
Obama's reelection is really a very, very simple math problem. Consider the following:
1) Blacks will vote for Obama blindly - Period. Doesn't matter what he does. It's a race thing. He's one of us,
2) College educated women will vote for Obama. Though they will be offended by this, they swoon at his oratory. It's really not more complex than that,
3) Liberals will vote for Obama. He is their great hope,
4) Democrats will vote for Obama. He is the leader of their party and his coat tails will carry them to victory nationwide,
5) Hispanics will vote for Obama. He is the path to citizenship for those who are illegal and Hispanic leaders recognize the political clout they carry in the Democratic Party,
6) Union members will vote overwhelmingly for Obama. He is their key to money and power in business, state and local politics,
7) Big Business will support Obama. They already have. He has almost $1 Billion dollars in his reelection purse gained largely from his connections with Big Business and is gaining more everyday. Big Business loves Obama because he gives them access to taxpayer money so long as they support his social and political agenda,
8) The media love him. They may attack the people who work for him, but they love him. After all, to not love him would be racist,
9) Most other minorities and special interest groups will vote for him. Oddly, the overwhelming majority of Jews and Muslims will support him because they won't vote Republican. American Indians will support him. Obviously homosexuals tend to vote Democratic. And lastly,
10) Approximately half of independents will vote for Obama. And he doesn't need anywhere near that number because he has all of the groups previously mentioned. The President will win an overwhelming victory in 2012.
-- Dr. Walter Williams
Obituary-Very Interesting!
Born 1776, Died 2008
It doesn't hurt to read this several times.
Professor Joseph Olson of Hamline University School of Law in St. Paul, Minnesota , points out some interesting facts concerning the last Presidential election:
Number of States won by: Obama: 19 McCain: 29
Square miles of land won by: Obama: 580,000 McCain: 2,427,000
Population of counties won by: Obama: 127 million McCain: 143 million
Murder rate per 100,000 residents in counties won by: Obama: 13.2 McCain: 2.1
Professor Olson adds: "In aggregate, the map of the territory McCain won was mostly the land owned by the taxpaying citizens of the country.
Obama territory mostly encompassed these citizens living in low income tenements and living off various forms of government welfare..."
Olson believes the United States is now somewhere between the "complacency and apathy" phase of Professor Tyler's definition of democracy, with some forty percent of the nation's population already having reached the "governmental dependency" phase.
If Congress grants amnesty and citizenship to twenty million criminal invaders called illegals - and they vote -then we can say goodbye to the USA in fewer than five years.
If you are in favor of this, then by all means, delete this message.
If you are not, then pass this along to help everyone realize just how much is at stake, knowing that apathy is the greatest danger to our freedom.
Dr. Walter Williams
Why Obama 2012 Win Will Make Deflation and the Greater Depression Worse.
Posted by http://www.deflationeconomy.com
Delwyn Lounsbury - THE DEFLATION GURU
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