"President Obama has declared war

on prosperity through income redistribution"

http://thoughthead.blogspot.com

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http://thoughthead.blogspot.com

Under Obama, the national debt has increased to $12 trillion and will be $21

trillion by 2019. China is the largest creditor to a heavily indebted U.S.

government. Capital will move abroad, leaving U.S. unemployment at high

levels. That is the cost of Liberal ideology.

By 2030, China will surpass the U.S. in the size of its economy. Global

power follows economic strength. Even still, Obama is willfully accelerating

the decline of the USA as the global power. The next crisis has already

started. The vast printing of money has begun to depress the value of the

dollar. The economy will appear to recover from the subprime crisis and

recession by mid to late 2009. It will though be the calm before the real

storm as a consequence of Obama's wild spending.

Obama is lost in knowing how to handle conflict throughout the world.

Afghanistan will become Obama's Vietnam. Obama has no answer to the Taliban,

al-Qaeda or Iran. He behaves as Chamberlain did when he negotiated "peace

for our time" with Hitler in 1938.

David Phillips graduated from Oxford University, on a full academic

scholarship having grown up in the industrial Midlands of England where he

was born. He has lived in the USA for the last 39 years and is a United

States citizen, having emigrated with his wife from Britain to escape the

tyranny of left thinking in 1970. He has three sons and nine grandchildren.

Two of his sons are investment bankers and one is a pediatric heart surgeon.

Mr. Phillips has over 40 years of multi-national business development and

turnaround management experience as a senior chemical industry executive. He

has been CEO of six companies. During his career, David Phillips has created

many new businesses and many thousands of new jobs. He has never closed a

plant always opting to find new opportunities for them. He is currently

bringing a previously bankrupt plant in New York State back to vibrant life

with 40 new jobs so far in the past year.

He and his wife of 43 years travel extensively throughout the world and

there are few countries in which he has not conducted business.

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