Letters by a modern St. Ferdinand III about cults

“In 2008, Sen. Obama complained that President George W. Bush "added $4 trillion by his lonesome, so that we now have over $9 trillion of debt that we are going to have to pay back - $30,000 for every man, woman and child. That's irresponsible. It's unpatriotic."

Math skills and the ability to distinguish reality from fantasy are not high on the lists of attributes for Marxists and Socialists. Statist power mongers like Hussein Obama can lie with ease because for them reality is optional to quote Sowell, and lies could be truths if the issue is looked at from a relatively different perspective. Islam becomes a religion of peace; Gaia worship mutates from stone-age paganism into a cult of sophistication and science; and state run economies become conflated with capitalism.

I heard some drone on Bloomberg whining that the GOP debates only focused on the economy with nary a word about foreign policy. If your economy implodes, if you go bankrupt, if you print money and assure higher inflation, foreign policy matters not. You won't be in business to worry about it. Obama who can't add but can sure lie – 'We have saved or created 2.5 to 3.6 million jobs...' [why not 4.5 Trillion?], has the following hard mathematical facts to overcome through rhetoric, posturing, blaming others and of course through mendacious claims to the contrary.

Dr. Wolf and the O'God's cousin in the W-Times:

[excerpted and reorganized with permission]

1. 2.6 million jobs lost

Since Mr. Obama has taken office, the total number of jobs in America has decreased from 142.2 million to 139.6 million. Most schoolchildren with a calculator would say that's a loss of 2.6 million jobs, but not Barack Obama. The White House has claimed that the stimulus created - or saved - 2.5 million to 3.6 million jobs. Off by 6 million, but close enough for government work, I suppose.

2. Unemployment and Under-Employment are up to 16%:

...the unemployment rate has increased from 7.8 percent to 9.1 percent, and underemployment has increased from 14.0 percent to 16.2 percent. The average length of unemployment has increased from 19.9 weeks to 40.3 weeks.

3. Incomes are down

Median income has dropped from $52,029 per year to $49,445.

4. Deficits have gone up 3 x under Obama:

....annual spending has increased from an already mind-blowing $2.9 trillion to $3.8 trillion. The annual deficit has increased from an already shameful $438 billion to an unbelievable $1.5 trillion. Meanwhile, the national credit card balance has increased from $10.6 trillion to a maxed-out $14.7 trillion.

5. Cost of living is way up:

Since President Obama took office, the average family's annual health insurance premiums have climbed from $12,068 to a record $15,073. A gallon of gasoline has increased from $1.82 to a painful $3.66. And a gallon of milk has increased from $2.65 to $3.39. The inflation rate has increased from 0.7 percent to 3.77 percent.

What happens when government expands remorselessly and destroys private capital ?

6. Poverty is up:

Under Obamanomics, the poverty rate has increased from 13.2 percent to 14.3 percent. The number of Americans living below the poverty level has increased from 39.8 million to 43.6 million. The number of Americans on food stamps has increased from 31.9 million to 45.2 million.

The Leftards will cry that all of the above would be much worse if they hadn't acted to save America. The reality is the opposite. The US is in terrible shape precisely because of government actions and distortions. This fact precedes the O'Great One and has been a 40 year trend. But he and his coterie of Marxist friends are certainly the apogee of this multi-generational process to destroy America's culture and political-economy. A cartoon figure could not be more emblematic of this trend.