{"id":527,"date":"2010-07-21T19:40:54","date_gmt":"2010-07-22T02:40:54","guid":{"rendered":"http:\/\/www.realzionistnews.com\/?p=527"},"modified":"2010-07-21T22:27:20","modified_gmt":"2010-07-22T05:27:20","slug":"obama-summers-blow-lies-about-the-economy","status":"publish","type":"post","link":"https:\/\/www.realjewnews.com\/?p=527","title":{"rendered":"Obama & Summers Blow Lies About The Economy"},"content":{"rendered":"

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OBAMA & SUMMERS BLOW LIES
\nABOUT THE ECONOMY<\/font><\/strong>
\nBy Brother Nathanael Kapner, Copyright 2010<\/p>\n

<\/a><\/p>\n

Articles May Be Reproduced Only With Authorship of Br Nathanael Kapner
\n& Link To Real Zionist News<\/em><\/font> (SM)<\/font><\/strong><\/a><\/p>\n

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\n<\/center>
\n“EVERY ECONOMIST WHO HAS LOOKED AT MY STIMULUS ACT<\/font> <\/strong> has said that the Recovery did its job,” Obama announced<\/a> at a Town Hall Meeting in Wisconsin recently.<\/p>\n

What Obama did not tell the hand-picked audience is that many leading economists assert that the impact of Obama’s Stimulus Bill<\/a> has been insignificant at best.<\/p>\n

Michael Boskin, for instance, a senior fellow at the Hoover Institution, says<\/a> that Obama’s vast enlargement of the Federal government and anticipated tax hikes to pay for ObamaCare and his recently passed Financial Reform Bill are offsetting any short-run expansionary effect of his $787 billion Recovery Act<\/a>.<\/p>\n

And in a recent survey<\/a> by the National Association for Business Economics, 68 of its members who work in economic roles at private-sector firms, said<\/a> employment at their companies was no higher a result of Obama’s Stimulus Bill. <\/p>\n

What else did Obama blow lies about? He failed to mention at the Town Hall Meeting that most economists agree that the high future taxes to finance his programs will result<\/a> in $3.40 of lost output for every dollar of government spending.<\/p>\n

<\/center><\/p>\n

SUMMERS BLOWS HIS OWN LIES<\/font><\/strong><\/center><\/p>\n

“WE ARE BUILDING ON THE RECOVERY ACT,”<\/strong><\/font> wrote<\/a> Larry Summers, chief of Obama’s Economic Advisors, in a Financial Times article on July 18, 2010.<\/p>\n

“Today, the Act is in its most intense phase of public investment,” Summers said. “By fighting to extend unemployment and health benefits to those out of work and to help struggling state and local governments prevent cutbacks in vital services, we can avoid job losses for teachers, police officers and firefighters,” Summers added<\/a>.<\/p>\n

But Larry, can you tell us how spending more tax-payer money is going to “build” a recovery?<\/p>\n

Summers then tops it off with a whopping lie<\/a>: “During the next five years, the US will experience the fastest deficit reduction since World War II.”<\/p>\n

Nonsense. With the deficit now at $2 Trillion<\/a> on Obama’s watch, the US debt will increase by billions of dollars each year.<\/p>\n

And with the vanishing<\/a> White Middle Class who pays<\/a> for Obama’s spending sprees — with foreclosures<\/a> to reach 1 million by year’s end — and with the continual offshoring<\/a> of US manufacturing, both Obama and Summers would do the nation a big favor by submitting to a lie detector test. <\/p>\n

<\/center><\/p>\n

WHERE DID ALL THE TAX-MONEY GO?<\/font><\/strong><\/center><\/p>\n

OVER ONE BILLION DOLLARS OF STIMULUS MONEY<\/strong><\/font> went to Jewish institutions, reported<\/a> the Jewish Telegraphic Agency.<\/p>\n

Lobbying<\/a> for the passage of Obama’s Stimulus Bill to pad their own purses, the Jewish Council for Public Affairs, the National Council of Jewish Women, and the Religious Action Center of Reform Judaism, divvied<\/a> up the billions of tax-payer money to a plethora of Jewish nursing homes and a variety of Jewish social services.<\/p>\n

“Jewish interests are deeply bound up with the policy selections of what will be funded in the Stimulus Bill,” said<\/a> Rabbi David Saperstein, director of the Religious Action Center of Reform Judaism. <\/p>\n

Finally, someone isn’t lying about Obama’s Recovery Act. “Jewish interests,” as the Rabbi admits, NOT hard working Americans’ interests, are ALWAYS at the core of US legislation.<\/p>\n

And with the US economy on the decline, perhaps the best place to look for the blame is also, “Jewish interests…”<\/p>\n

SEE:<\/a><\/font> The Brother Nathanael Foundation Website<\/a><\/font><\/strong> HERE<\/a><\/font><\/strong><\/p>\n

<\/a><\/center><\/p>\n

___________________________________<\/font><\/strong><\/center>
\nFor More See:<\/strong> <\/font> Obama\u2019s \u2018Jewish Inspired\u2019 Stimulus Plan Will Not Work<\/a> Click Here<\/font><\/strong><\/a> <\/p>\n

And:<\/strong><\/font> American Jewry & The Economic Crisis<\/a> Click Here<\/font><\/strong><\/a> <\/p>\n

And:<\/strong><\/font> The US \u2018Recovery\u2019 And Bernanke\u2019s Jewish Lies<\/a> Click Here<\/font><\/strong><\/a> <\/p>\n

And:<\/strong><\/font> The Jews Who Run Congress<\/a> Click Here<\/font><\/strong><\/a><\/font><\/p>\n

And:<\/strong><\/font> How The Jews Took The White House<\/a> Click Here<\/font><\/strong><\/a><\/p>\n

And:<\/strong><\/font> A New Vision For America – Brother Nathanael On Video!<\/a> Click Here<\/font><\/strong><\/a><\/p>\n


\nCLICK: <\/font>Brother Nathanael! Street Evangelist!<\/a><\/em><\/strong><\/p>\n

Support Brother Nathanael!<\/font> HERE<\/a><\/strong><\/font>
\n
\n\"Online <\/a>
\nOr Send Your Contribution To:<\/strong><\/font>
\nBrother Nathanael Kapner; PO Box 547; Priest River ID 83856<\/font>
\nE-mail: bronathanael@yahoo.com <\/em><\/center><\/p>\n","protected":false},"excerpt":{"rendered":"

OBAMA & SUMMERS BLOW LIES ABOUT THE ECONOMY By Brother Nathanael Kapner, Copyright 2010 Articles May Be Reproduced Only With Authorship of Br Nathanael Kapner & Link To Real Zionist News (SM) Support Brother Nathanael! HERE Or Send Your Contribution To: Brother Nathanael Kapner; PO Box 547; Priest River ID 83856 E-mail: bronathanael@yahoo.com For The […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[296],"tags":[],"class_list":["post-527","post","type-post","status-publish","format-standard","hentry","category-america-in-decline-articles"],"_links":{"self":[{"href":"https:\/\/www.realjewnews.com\/index.php?rest_route=\/wp\/v2\/posts\/527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realjewnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realjewnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realjewnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realjewnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=527"}],"version-history":[{"count":0,"href":"https:\/\/www.realjewnews.com\/index.php?rest_route=\/wp\/v2\/posts\/527\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.realjewnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realjewnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realjewnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}