Fritz Pfister

Most Americans with the common sense of an amoeba can smell a cover-up in DC from their front porch. It’s obvious. Obama states he knew nothing of Fast and Furious in 2011, then has to invoke executive privilege in 2012 to keep congress from knowing what he didn’t know.

After three and a half years of the Ivy League Institution of Higher Liberalism’s gift of a president to the people, the economy is retreating from Obama’s crowning economic achievement; stagnation.

Obama should invoke executive privilege to hide from the people the progressive economic policies that have caused, continue to cause, and will cause further economic destruction regardless the outcome on November 6th.

Unfortunately Obama has plenty of allies to help mislead people, a cheerleading liberal media. The most recent example is Bloomberg. Two quick ditties that proves Bloomberg thinks the masses are idiots.

Bloomberg headline; Obama Immigration Policy Favored by Americans 2 to 1, and American’s Say They’re Better Off Since Obama Took Office. Really?

Goes hand in glove with Bloomberg’s poll showing Obama leading Romney 53% to 40%, while Gallup has Romney 47% Obama 46% (before and after inviting 800,000 illegals into a shattered workforce), and Rassmussen has Romney 47% Obama 43% after the wave of the magic immigration wand when it was 46% to 44% before.

The National Association of Realtors can be forgiven for cherry picking information to make the housing market sound better than it is because they have a vested interest. Main stream journalists have no excuse.

The only thing propping up the housing market are artificially low interest rates. Anyone with the ability to buy a home should do it now. What’s the downside to locking in a low cost of housing to weather the economic storm headed our way compliments of compassionate conservatism topped with a heaping of radical liberalism? That will be $15.7 trillion please.

The debt, Bush tax cut expiration, and Obamacare all must be resolved before businesses will have confidence to hire. Only in liberal-land could anyone expect businesses to hire when their silent partner is a spendthrift and the business owner is cosigner.

The tax uncertainty is huge not just on personal income taxes but dividend, inheritance, and capital gains taxes. Obama believes that there will be money left for capital formation if those taxes are raised?

Obamacare’s constitutionality will be known soon. In the meantime a $560 billion cloud of new taxes hovers over the economy. The lightning bolt of higher insurance premiums and health care costs have already struck the house from the cloud with more lightening forecasted.

Fritz Pfister

Fritz began his Real Estate career in 1987 and has been with RE/MAX since 1989.