As Sen. Mike Lee (R-Utah) correctly noted during testimony, Obama's establishment of the Consumer Financial Protection Bureau as part the federal reserve, together with his so-called "recess appointment" of Richard Courdray to head the entity are fundamentally unconstitutional and, in the words of Sen. Lee, "in that respect it enjoys an unusual degree of insulation from the normal controls on any government and that degree of insulation has historically been reserved for despots.”
Of course, Obama's hardly done. Hang onto your wallet: in addition to skyrocketing your energy costs, the Congressional Budget Office reports that taxes will increase by over 30% over the next two years. Unemployment is back at 10%, officially - though the actual unemployment rate is nearly double that figure, meaning that 1 in 5 Americans is unemployed, under-employed, or have exhausted their benefits altogether.
And under the first three years of Obama, the price of a gallon of gas has increased by 83 percent. Ground beef has increased by a dollar a pound in just the past year, the price of bacon has increased by 22 percent, corn meal has nearly doubled in price, milk has increased by one-third.
The only real source for optimism comes from Gallup, whose latest numbers poll provides a hint of what the country might look like this November (assuming that His Royal Majesty permits an election):
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