Another Obama Failed Investment

Ener1, Parent of Obama-Backed Green Company, Files for Bankruptcy - ABC News

This, again, shows the ineptness of Obama administration. They know little about investing, business, foreign policy, defense, job creation, health care. How could they? The vast majority of experience lies in community organizing, political hacking, illusion selling, pandering etc. It is really not their fault that they are failing, it should surprise no one. This administration and its leader is the most unprepared for running this country in history.

Let's see, they invested in the Volt, Solyndra, Ener1. All losers.

His signature achievement, Obamacare, was not mentioned in the State of The Union address. Why? Isn't he still proud? Could it be that he now expects the SCOTUS to rule it unconstitutional, or that it was passed by slight of hand Senate maneuvers or that it is so radioactively politically unpopular he wants to distance himself?

Today, his NLRB has issued directives to business to release the names and contact information of employees to unions trying to organize. So much for individual privacy. The NLRB apparently operates outside the scrutiny of Congress. Where is the check and balance in this administration? His power grab is obvious to the most casual observer.  It should frighten us.

Back in February 2009 President Obama told Today Show host Matt Lauer that he’d be a one-term president if he didn’t fix the economy in three years. “I will be held accountable,” Obama said. “ I've got four years and … A year form now, I think people are going to see that we’re starting to make some progress, but there’s still going to be some pain out there … If I don’t have this done in three years, then there’s going to be a one-term proposition.”

I doubt he is a man of his word.