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Barack Obama's Poor Decisions a Threat to His Success

Politics / US Politics Aug 12, 2008 - 06:43 AM GMT

By: Mike_Stathis

Politics Let me clear about a few things. First, regardless who wins the upcoming presidential election, there will be no real change in America . In order to really understand why you have to know what is going on in this country. The problems extend much deeper than the current economic problems. Both parties are essentially the same and neither will address the real problems that are destroying America – free trade, the free market system and health care – because there is too much money to be made by the powerful forces that continue to exploit consumers, namely corporate America and their wealthy shareholders.


The fact is that Washington is under the control of corporate America . And it flexes its muscle via lobbyists. So obviously, in order for America to have a chance, lobbyist contributions would have to go because they have essentially trivialized the voting power of the people even if you believe the electronic ballots aren't rigged.

Next, I want to state that if McCain were to win, he would undoubtedly cause more pain to America . His economic solutions are laughable at best while his health care solution is a joke. But right now, McCain is playing a better game of propaganda than Obama. And in the end, he who creates the biggest illusion is the one who wins.

While I previously viewed Obama as the least worst of the two, as of late his decisions have raised significant cause for concern. Many of you may have heard about the town hall meeting in Georgia a few weeks ago where he stated that American children need to learn Spanish. http://www.marketwatch.com/news/story/obama-tells-audience-you-need/

Given the number of Americans who are angered by the disruption of American society and commerce caused by the unwillingness of Hispanics to learn English, this was a huge blunder. Let me state for the record that Hell would have to freeze over before I would vote for any candidate that holds this view.

To make matters worse, Obama has reportedly been having conversations with the now resigned Franklin Raines, former CEO of Fannie Mae. Let me also be clear about Mr. Raines. He should be in a federal prison. This is a man who is arguably second (after Alan Greenspan) to blame for the real estate and banking crisis. He cooked Fannie's books to the tune of billions in order to receive millions in bonuses. And now Obama is seeking his advice for solutions to the mortgage crisis?

How can Obama be so stupid? http://corner.nationalreview.com/post/

Raines has no idea what is going on, similar to the bank CEOs and most of everyone else. Certainly, Obama's advisors have had a large role in his strategy. That might explain why he has backed off of his previous criticisms of free trade. And it could explain why he has used poor judgment in kissing up to Hispanic voters by demanding that Americans learn Spanish rather than the opposite. If Obama had any idea what was really going on he would be advising that American children learn Chinese.

Rather than waste time trying to decide who to vote for, I will be making plans for an exit strategy. America has already been flushed down the toilet and is on its way to the sewage system. There is not one person I can identify that has the insight, leadership, intelligence, clout AND backbone to reverse America 's inevitable fate. As a result, I am planning to permanently leave the United States in the next several years. For others, the problem is they will be stuck here with no money to leave. These are the people who have the most to lose by staying.

In the future, more Americans will be destined to become indentured servants to the wealthy elite as America continues its regression into a two-class society, marked with even more fraud and illusions of greatness. Obama might only be remembered for the man who sabotaged his chance into the White House by his poor decisions. Maybe Hillary wasn't such a bad choice after all.

By Mike Stathis
http://www.apexvc.com

Copyright © 2008. All Rights Reserved. Mike Stathis.

Mike Stathis is the Managing Principal of Apex Venture Advisors , a business and investment intelligence firm serving the needs of venture firms, corporations and hedge funds on a variety of projects. Mike's work in the private markets includes valuation analysis, deal structuring, and business strategy. In the public markets he has assisted hedge funds with investment strategy, valuation analysis, market forecasting, risk management, and distressed securities analysis. Prior to Apex Advisors, Mike worked at UBS and Bear Stearns, focusing on asset management and merchant banking.

The accuracy of his predictions and insights detailed in the 2006 release of America's Financial Apocalypse and Cashing in on the Real Estate Bubble have positioned him as one of America's most insightful and creative financial minds. These books serve as proof that he remains well ahead of the curve, as he continues to position his clients with a unique competitive advantage. His first book, The Startup Company Bible for Entrepreneurs has become required reading for high-tech entrepreneurs, and is used in several business schools as a required text for completion of the MBA program.

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America's Financial Apocalypse: How to Profit from the Next Great Depression . Condensed Ed. Copyright © 2007.
Cashing in on the Real Estate Bubble . Copyright © 2006.
America's Financial Apocalypse: How to Profit from the Next Great Depression . Copyright © 2006.
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Mike Stathis Archive

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