One of the continuing issues that many Conservatives have with President Obama is this nagging question of whether Obama makes the easy choices or the hard choices when it comes to decision making.
Jeffrey Carter is a serial entrepreneur, angel investor and independent trader who wrote the following article on Obama's choices. Read them and you decide if in fact Mr. Obama has made the easy choices or the hard choices.
Obama made the easy choice. The stimulus went to hiscronies. 99% of it was a waste.
The President made the easy choice. Obama bailed out his cronies in the unions, crushed down the debt and shareholders of GM. A managed bankruptcy would have allowed GM to stay in business, along with all the suppliers that depend on GM-but it would have changed the pensions and salaries of all GM employees-including the white collar employees.
You lost money if you bought the GM IPO. The company is losing money, has a massive pension liability and will go bankrupt again.
Read more choices HERE and see the accompanying graphs.