Wars and Oil Speculators Abort Over 13 Million Jobs

[Dr. Sherman N. Miller]

I think President Barack Obama is doing an excellent job considering he is fighting three wars simultaneously without allowing the nation to implode into a full scale Great Depression II.

President Obama has the rightwing Republican Party juggernauts nervous as whores in church because his success means the power pendulum will shift in the Democrats direction for the next fifty years as people living through the current economic crisis holds the GOP accountable for today’s economic chaos.

The President inherited the Afghanistan and Iraq wars from Former Republican President George Bush. Total cost of these wars is estimated at 1.29 trillion dollars by the the Center for Defense
Information by the end of fiscal 2011. If we could turn these 1.29 trillion dollars into stimulus jobs, we would have 10,938,414 new jobs based on the cost of 117,933 dollars to create a stimulus job.

As I start to pay close attention to potential political strategies that Republicans will exploit against President Obama in the 2012 General Election, I will do a series of “Thinking Out Loud” commentaries to share my thoughts until the election. I will offer my thinking on a random basis, so the Republican rightwing conservative juggernauts can await the next installment.

I start by sharing my summation that the Republican rightwing juggernauts are aiding and abetting the oil speculators and Al Qaeda in aborting jobs to the tune of 1.8 to 2.6 million potential new jobs per year by creating a psychological oil shortage even when no physical one exists. Al Qaeda is betting on American greed of the oil speculators to tax the American middle class and poor to the point that they have no extra money to buy anything but the necessities and gasoline; thereby, aborting the potential to create new jobs through their spending.

Gasoline Price Reflation is today’s 200 billion dollar or more national income tax that is squeezing the economic life out of the middle class and poor as it is applied at the whims of the oil speculators.

 

It is common knowledge that political and secular figures will rail against inappropriate social actions whilst actively engaging in them.Thus the America people now must worry that Tea Party Movement figures, yearning for a return to yesteryear, have not made secret financial treasonous packs with Al Qaeda and/or the oil speculators to sabotage the economic growth in the United States of America’s economic mainstream to seize control of the American Government with rightwing zealots. Are the rightwing zealots seeding the political atmosphere to create a modern day reincarnation of Adolph Hitler where now it is okay to treat nonwhite illegal immigrants as yesteryear’s chattel to be discarded, since the ability to exploit their cheat labor is dying?