Ref: 09-036A of 25-Dec-2009 (Merry Christmas Day) now revised and updated on 1 Jan, 2010Steven Spielberg is considered one of the most gifted and visionary director in the world. He couldnot only visualize but also gave concrete shapes to the characters that became life size symbolslater. Unfortunately, he never handled a political, financial or economic theme for simple reasonthat he could not visualize the complexities of current financial crisis engulfing his own nation –United States of America.President Obama, one of the rarest breed of gifted speakers, has turned into a con man. Heis a successful diversionist not revisionist lawyer, Senator or President but to borrowthe phrase from Jim Carrey’s dictionary - Liarand Liar.I thought the uneducated Indians in thevillages or woo doo tribes in sub-terrainlandscape in African continent were the onlybunch of superstitious religious zealots. Neverbefore I thought that the educated mass of Americans could rival them in the practice of superstitions. If the Hindus, Muslims andAfricans could follow their religious leadersblindly, the Americans too follow theirpolitical leaders with same zest and vigor.They also believe blindly or superstitiouslythat their King or President could do nowrong. They do not realize that USA is following a pattern of USSR and its days are now numberedA good leader should be a good orator, but a good orator need not be a good leader. Sen. Obama, adistinguished orator, won his presidency not because of his strength but due to the weakness of GOP – or Republican Party badly bruised by erstwhile President George W Bush. He could use hisoratory skills to whip up the anti-GOP sentiment to win the democratic nomination defeating theHillary Clinton and then defeating John McCain to win the Presidency. In short, he won due to thedefault of the other.Yes, he inherited the bad legacy of burning nation from the President Bush. Nothing new. Almost every President inherits some or the other bad legacy from predecessor. Even President Bush

inherited the regime of artificial low interest rate from President Clinton, Rupert Rubin (thenTreasury Secretary) and Alan Greenspan (Fed Chairman for 18 years by now) that sow the seedsof the massive derivative contagion.President Obama forgot that he was appointed President for 4 years – up to January 2013 latest.Having seen his inadequacy to address the immediate financial problems, he set upon himself aconvenient mode to divert the attention of the American people by any means. He adopted thefollowing diversionary tactics successfully:1.

He started showing moon to the American people. Having seen the oil prices zooming to $145 per gallon, he found convenient tool to exhort the American car manufacturers to “gogreen” and invest into green technology that would reduce oil consumption, pollution andcarbon emission.a.

Such cars to be commissioned by 2014 to 2016 when he will no longer be around.b.

What is the point of talking such non-sense when the immediate need was to set thefinancial house in order, stop the mortgage hemorrhaging, foreclosures and createthe jobs and help the local Auto manufacturers to dispose off the existing carinventory in the ware house and on assembly lines?2.

He then became champion of another green technology – Solar Energy – which will takeyears and billions of dollars before that technology became available at reasonable cost onmass scale. Again, he was showing moon to the American people by showing distant calendar of 2016 to 2020.3.

He became then the champion of “climate change” by spearheading campaign for actionsfor control of carbon emission and reserving and doling out hundreds of billions of dollarsof unproven and non-focused technology or even concept.a.

He was trying to interfere in the automatic self balancing system of the nature.b.

He went all the way to Copenhagen in “freezing cold” to talk about “global warming”.Back home in all 4 North Eastern states from Washington DC and New York wereengulfed in 5 to 8 feet deep snow or ice in freezing cold when he was devotingalmost half the time of his presidency on global warming.c.

Hey, Mr. President, there is snow and ice all around – where is the evidence of globalwarming?d.

In Afghanistan and Iraq his US army was exploding disastrous bombs that wereemitting more Carbon dioxide than one small plant in China. Did he end the warwith immediate effect e.

Osama and Al Qaida were blasting human and real bombs everywhere killingthousand of innocents and causing tons of carbon smokes from the bombing sites.Could he get the cooperation of Bin Laden for carbon emission control?f.

In short, he was rushing into “abstract” and “non verifiable” concepts just to divert the attention of the American people.4.

He planned and created hundreds of billions of package called “TARP Trillions” to resurrect the financial system.a.

He was trying to kill the wealthy and efficient by chasing them all the way down toUBS, Switzerland by calling for names of 52,000 wealthy Americans who werereported to be tax dodgers.b.

He was using hundreds of billions of new money thrown after bad money by lendingsupport to bankrupt Citigroup, AIG, Fannie/Freddie Mae, Bank of America, WellsFargo, Goldman Sachs, General Electric and host of other bad borrowers.c.

In short he was trying to extract billions from efficient wealthy and passing onnearly 100 times more to inefficient banks, brokers and insurers.5.

When he could not create jobs, he invented new slogans – by equaling Saving of Jobs asCreation of New jobs.

When he found his plans were no longer working, he invented a new weapon. “Health CareReform” which at the moment of this writing has almost become a law, spending over $ 1.3trillions extra.a.

Here again, he was showing moon again. He said that 33 millions of Americanswould be insured immediately by taxing healthy Americans to pay for healthinsurance they no longer wanted.b.

In short, he was hurting efficient wealth earners and healthy Americans. He did not like “efficiency” in earning income or wealth and building health.c.

If you earn more, pay more to the state. If you are healthy, pay the tax or compulsoryinsurance or pay the fine ranging from $ 750 per person to $ 3000 per family of four.In other words, he became a “blood sucker” draining out the blood or pompoushealth from the healthy Americans.d.

He showed the moon again by showing distant calendar. He said that Americanpeople will save $ 1.3 trillions over 10 years. Hey, Mr. President, you are elected todo job to have immediate benefit during your Presidency – that is – for 4 yearslasting up to January 2013. Why do you indulge into actions that go beyond 10 yearswhen you will no longer be around?7.

He started chasing fat bonuses to Wall Street bankers which would affect at the most $ 5 to10 billions. But he embarked upon a journey to guarantee the worthless debt of $ 306billions of Citigroup. $ 306 billions amount to entire Corporate America’s tax collection forfull fiscal year. Was Citigroup as single big entity that important to demand the resources of

entire corporate world of America

?8.

He was clamoring about the deepest financial crisis over last 70 years. Hello President.Have you seen the Dow Jones index on this Christmas Eve? It is at 10,554. During the 1987crash, the Dow dropped to less than 3000 which is about 22 years ago. If the financial crisisis of epic proportion, worst in 70 years, how come Dow Jones is still trading at 10,554 ( Up7554 points or up by 251%?) Does it mean that the Dow is artificially supported at higherlevel by printing more and more money and giving to affiliated banks, brokers and funds tosupport the market by “artificial respiration”?9.

It is evident that President Obama has been using his oratory skills to divert the attentionof the American people from core issues. He ignores the hard realities and pushing up theabstract subjects which can not be verified or justified by proper rational.In short, the entire country of United States has gone to the dogs. There are no care takers. Theeducated Americans have become docile and weakened mass who are loathe to seeing the hardrealities.They bother more about tiny Afghanistan than 3 time’s larger states at home. What is Afghanistan?No one heard its name in last 50 years until George Bush went into those rugged mountains tosearch the rats nicknamed Al Qaida. Afghanistan is a non entity – just piss it off. And get out of it inone week. When Afghans do not care about themselves, why should Americans or other NATOforces do? It is none of their business to be out there anyway.In short the ordinary Americans have been blinded by their loyalty to their political leaders orPresidents, Senators and Congressmen. They are equally superstitious as the mumbo jumboAfricans, religious Muslim populace loyal to white or black robed Mullahs or Ayatollahs orignorant Hindus in villages loyal to the saffron robed politicians or priests.The situation in the country is worsening in almost every sphere. The economy is still sliding, jobsare being lost, interest rates are convulsing with upward bias, frustrations among the populace isgrowing, town hall meetings are getting restive, the TV media finally gave the thumbs down and