The Five Obama Fails

The Obama administration burst onto the presidency with a historic wealth of good will, hope, and change. It is now marked by one failure after another. Unfortunately, these failures are not without costs. The burden is borne by consumers, taxpayers, and generations yet to come. Nearly one year after Obama's inauguration, we have an economy heading in the wrong direction, unemployment rising, a deficit that will double, banks failing,  a war command which is virtually ignored, 9/11 terrorists given Constitutional rights at a civil trial, and an administration hell-bent on destroying -- not "reforming" -- the world's best health care system. Not a bad turnout for an experienced community organizer.1) Bank Bailout. The banks were bailed out to the tune of trillions of dollars with no oversight. The result: Banks continue to fail all over the country and lenders are not making any commercial loans, causing more business failures. Obama's score? Fail.2) Auto Bailout. GM was...(Read Full Article)

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