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Friday, January 09, 2009
Michael Reagan :: Townhall.com Columnist
Stimulating Bankruptcy and Chaos
by Michael Reagan
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Like millions of my fellow Americans I want Barack Obama to succeed in governing America and reviving the economy, despite my opposition to his candidacy.

I had hoped that being the cautious man he appears to be, President-elect Obama would avoid taking extreme positions and policies vis-à-vis the economy and settle for the tried-and-true approaches to economic stability.

It appears that I was wrong. In an era when it is essential for out-of-control government spending to be halted and drastically cut back, Barack Obama wants to spend at least $800 billion on a so-called stimulus package which many predict will soar past a trillion dollars.

Obama himself has acknowledged that the nation faces monstrous deficits in the future, but seems not the least concerned that his stimulus programs will send the deficits soaring to previously unseen heights.

"Potentially we've got trillion-dollar deficits for years to come, even with the economic recovery that we are working on at this point," he has said.

"I remain concerned about wasteful spending that might be attached to the tax relief," House Republican leader John Boehner says. "Simply put, we should not bury future generations under mountains of debt and create 600,000 new government jobs which, according to reports, the plan under consideration would do in the name of economic stimulus."

Boehner was referring to President-elect Obama calling on Congress to create 3 million jobs over the next two years -- "more than 80 percent of them in the private sector."

Math-wise observers noted that the remaining 20 percent, which amounts to 600,000 jobs, would be government jobs, boosting the already-swollen ranks of federal employees by a third.

As Iowa Republican Rep. Steve King noted , "The federal government is bloated, inefficient, and spends too much of your hard-earned money," adding that 600,000 new government jobs "will only add to the waste, fraud, and abuse coming out of Washington, D.C., and fail to provide a true economic stimulus."

Moreover, some cynics would say this massive public sector job increase looks a lot like payback to the member-hungry public-employee unions for their all-out support of Obama and other Democratic candidates in last year's elections.

More disturbing is Barack Obama's tax relief program under which there would be alleged tax cuts for 95 percent of the American people. Under Obama's plan the majority would not only pay no federal taxes but would actually get government checks, presumably for just being alive and breathing, while a tiny minority of their fellow Americans would pick up the tab.

Dick Morris and co-columnist Eileen McGann explain that while the bottom 50 percent of U.S. taxpayers pay a total of $30.6 billion in federal income taxes on a combined income of about $1 trillion (just 3 percent of total taxes), the top 1 percent pay 40 percent and the top 25 percent pay 85 percent of the federal income tax.

"In one stroke," they write, "this would transform the majority of voters from taxpayers into tax eaters, and leave an increasingly small minority to pay the bill," putting those who actually pay taxes into "much the same situation as landlords in New York City: hopelessly outvoted by their tenants, who use their political clout to limit rents and landlords' profits.

"For the economically well off," they warn, "it effectively could become taxation without representation, which, as the founders of our nation warned, leads to tyranny."

It's not merely the dangerous trend that is developing in the economic realm that disturbs me, however. In the past week we've seen Obama's nominee for Commerce Secretary, Bill Richardson, forced to withdraw because it develops that he is under a federal corruption investigation -- a fact the Obama people should darn well have known before the president-elect chose him for a Cabinet post.

Then we have the astonishing appointment of Leon Panetta -- a man with no experience in the cloak and dagger trade to head of all things, the CIA. Moreover, the appointment was made without notifying Sen. Diane Feinstein, who is now heading the Senate Intelligence Committee.

You have to wonder if Team Obama has any idea of what they're doing. I sure wonder.

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About The Author
Michael Reagan, the eldest son of Ronald Reagan, is heard daily by over 5 million listeners via his nationally syndicated talk radio program, “The Michael Reagan Show.”
Team Obama is surely faking it.
Obama wants us taxpayers to put our future in his inexperienced hands so he can experiment with social engineering. Why the American people would want to put someone who has never actually ran anything in charge of our future in the mist of very bad economic times is dumbfounding.... to say the least. We deserve what we get.

TEAM OBAMA...
... Knows exactly what they are doing. It is written very clearly in the bible that Obama uses. Not the Lincoln bible he'll be sworn in on, but the one written by his prophet Saul Alinsky. For it is written "They must feel so frustrated, so defeated, so lost, so futureless in the prevailing system that they are willing to let go of the past and change the future."
If the government is are only hope, Obama really does become the annointed one.

Team
obama is in a fog. I worry for my country more than ever.

Obama's Cognitive Dissonance

Cognitive dissonance occurs when someone tries to hold two diametrically opposed views as reality.

Obama want us to buy American made cars to save the Autoworkers Union.

Obama doesn't want us to drive those cars, so the planet can be saved.

Obama wants to spend money on bridges and highways that he doesn't want us to drive those cars on.

Should I ask?
Does anyone bother to read the Constitution, that little thing giving the form of the Federal Government? Which enumerated power is being used for bailouts? For job creation? Should I go on? Oh, please don't say regulation of Commerce, of which neither of the above is, and only to be used for Interstate commerce so that one state is not lording it over another to it's advantage.
So many are off track in debating the soundness of these policies as opposed to the one and only real issue..CONSTITUTIONALITY. Congress and the President have all the authority in the world...right up to their defined boundaries. Please read carefully Article 1, Section 8 of the Constitution. It's time to put an end to this unlawfulness.


http://avalon.law.yale.edu/18th_century/bank-tj.asp

First...
try eliminating corporate income taxes. That would provide an immediate, huge, and continuing stimulus to the economy at no permanent cost in revenues. There would be more jobs, higher salaries, more exports, and stimulation exactly where it is needed rather than where bureaucrats want to bestow it.

It would be a cost in tax revenues for at most a year, only until revenues from individuals made up the difference. The only supportable reason for the double taxation of corporate income taxes is that it gives bureaucrats ways to give punishment and favors where those will make them look the best.

The damage done to
our country by 2012 will be so great that I truly am afraid of what we will be dealing with. I've always said I fight for what's right to protect my children and grandchildren from the disaster they will inherit.

But, that is clearly not the case anymore. The disaster is looming right in front of our faces, right now, in the present - not the future. What is it going to take to wake up U.S. citizens from the fog they are surrounded in????

Good stuff
I also want Obama to succeed in the sense that I want our country to remain strong and prosperous. However, I don't want him to succeed in converting us into a European style Marxist state.

Regarding infrastructure spending in the stimulus package. Obama and others said we need to repair our "crumbling infrastructure" yet I see proposals for things like health clubs and water slides coming from states and municipalities. I don't think we can justify building any new projects, especially frivolous ones, until our "crumbling infrastructure" is fully repaired and renovated. Deliver what you promised, Obama.

Obama Over The White House!
As usual, I was stricken by insomnia. So, last night (or early, early this morning), I once again watched the 1933 film "Gabriel Over the White House," which should be required viewing for everyone. If you can't watch it, here's a synopsis, with some current notes added in:

The newly elected President, Judd Hammond (or BHO), starts by saying voters will forget his election promises now that he has been elected; focuses more on his nephew than "REAL" experts; threatens to declare martial law (or darn near to it when one considers the War on the Economy, as bin Biden categorizes it); leaves Congress with little choice, but to capitulate to his demands and grant him the power to enact all necessary measures, unfettered by the normal system of checks and balances; assumes the mantle of "The Great Benevolent Dictator" (or "The One"); wages war on the private system and large corporations; orders a new "Army of Construction" - a massive public works program that will give a paying job to every unemployed (or union) man in America until the economy recovers (and to build "infrastructure"); spends billions (trillions, in this case), proclaims, “We need action—immediate and effective action" and attempts to solve his country's problems through authoritarian means (or trillion dollar deficits for years to come); goes into massive debt to achieve "prosperity".... ALL BECAUSE THE UNITED STATES IS "TOO BIG TO FAIL" WITHOUT GOVERNMENT'S CONTROL.

An uncredited screenwriter was FDR, but it could have been BHO.

Obama, keep flying over the WH. We can't afford you.

"When the going gets weird, the weird turn pro... (or get elected as President or to Congress)." Hunter S. Thompson


Declaration??
I find it interesting that so many of the grievances we the people had against the King of Great Britain all seem to be relevant with our current government, either they apply now or we can see them on the horizon in one form or another.

Do the math

Obama wants to spend close to 1 TRILLION dollars to save or create 3 million jobs.

So do the simple math:
1,000,000,000,000/3,000,000== $333,333 per job ...Does that make ANY SENSE what so-ever ...

Good god almighty .... if any republican votes for this disaster make sure you vote against him in their primary.

President-Elect Obama
Folks,

The American people voted for change and change is what you got! But is it the change you want or need?

When I first came to the United States, it was a land of opportunity where the only limitation was yourself. Now it appears that the U.S. is changing it's ways to become just another European style mediocrity.

When success is punished then fewer will strive to be successful.

Hansfury
Really? Yes I agree. Well actually I think that it's worse particularly when you throw in government protected murder that approaches in numbers that of Mao and Stalin.

Lenard
Are you talking about abortion?

The only thing they'll stimulate..
... is socialism.

In a few short months we've gone from more or less a capitalist country to a socialist utopia.

Seig Hei.... Er, I mean Yes We Can!


On a related note,


*Spam Alert!*

Check my Blog (click my nick) for my take on the Obama stimulus plan!

The New Raw Deal

*End Spam Alert!*

Ayn Rand
In 1957, Ayn Rand addressed socialist fools like we're seeing in power right now in her prophetic novel, "Atlas Shrugged." "Who is John Gault?" Perhaps our question should be "Where is John Gault when we need him?" We Conservatives are desperately in need of a leader to surface right now and save us from the "useful idiots" who are trying to destroy our America.

Lenard sum
Are you referring to the last 8 years of congressionally sanctioned war against Islamic extremism, or is it Bush lied people died.
Whatever it is you lose because your views have been formed in inaction, I guaranty you’ve not been part of the war, so you only know what you’ve been force fed.
Based on your thought process I guess I’m a murderer.

I would ask you to read one book C.G Jung the Undiscovered self, and then tell me communism/marx is the way.

HansFury - Don't Forget...
HansFury
Location: WA
Reply # 1
Date: Jan 10, 2009 - 12:07 AM EST Subject: Lenard sum
Are you referring to the last 8 years of congressionally sanctioned war against Islamic extremism, or is it Bush lied people died.
Whatever it is you lose because your views have been formed in inaction, I guaranty you’ve not been part of the war, so you only know what you’ve been force fed.
Based on your thought process I guess I’m a murderer.

I would ask you to read one book C.G Jung the Undiscovered self, and then tell me communism/marx is the way.
**********************************

Don't forget the whole argument that we went into Iraq to "steal their oil."

Lenard sum = sum zero


Obama the office temp
BHO's entire career has been about making promises to get elected then almost as soon as he gets sworn in he begins to campaign for higher office.Other than a successful campaign he has never run anything. Many question just what Obama and his transition team are doing, do they know what to do? I want to know what office he will be running for next and when he will bail out of the white house and the presidency to campaign...... leaving all of us to suffer with the mess he will be creating in his first 100 days in office. He stands an excellent chance to not only be the first black president but the last president.......ever.

Lenard, Lenard, Lenard
"So many are off track in debating the soundness of these policies as opposed to the one and only real issue..CONSTITUTIONALITY. Congress and the President have all the authority in the world...right up to their defined boundaries. Please read carefully Article 1, Section 8 of the Constitution. It's time to put an end to this unlawfulness."

You're right, but SO WHAT? As I have written repeatedly on TH over the years, and about half-a-dozen times today alone, this issue was SETTLED in 1865, and not in your favor.

Bankruptcy and Chaos
The Nation's economy is already in the red and the red ink is being financed by other countries like China. Adding a trillion dollar “stimulus package” is pure idiocy and will place the Nation’s “neck on the chopping block”. There is a very real probability that our economy, and by extension, the country will be completely at the mercy of outside entities, our creditors, and they do NOT have our best interest at heart.

Questions, rhetorical questions: Will the taxpayer, who is being saddled so far with a mindboggling 8.5 trillion dollar bailout ever get reimbursed? If so, how? The way I understand it so far is that money is being showered on these greedy incompetents/crooks on Wall Street with little assurance that we’ll recoup anything. I bet government can’t even track and account, accurately if at all, where the moneys are going and for what. Even if moneys will be repaid, it will be to the U.S. Treasury and, to my knowledge, no provisions in the bailout legislation addresses how the moneys returned to the treasury will be repatriated back to the taxpayer. What I strongly suspect will happen is that if by a miracle any moneys flows back into government coffers the temptation by the politico thieves will be to use the moneys to fund their programs or as a slush fund to bail out some other government caused disaster without any of it ever returned to the originator, the taxpayer. I feel the shackles being clapped on my ankles and wrists already!

Name Does Not Equal Expert
This Reagan is no political expert, that's for sure. The deficit was increased by the CFR members who simply paid back their bankers for their campaign election costs at the American people's expense. Obama, as with Bush, is a One World Order socialist. The further in debt we are, the more it encourages foreign investment. This is a goal being pursued with purpose on both sides of the aisle, and his Dad was the one who most contributed to the overabundance of foreigners in the first Reagan amnesty. Reagan also a globalist, counseled by CFR members. It's the bankers pulling the strings through their puppet governmental leaders with their illusions of powers also at the American public's expense. The dumbing down of America has even hit the former president's son.

Bitter Clinger
Do you think that any of the Washington lackeys are running this country? Truely? It is the Federal Reserve through their Council of Foreign Relations members with their global socialism agenda running this country. The 700 billion bailout for their campaign contributions at the public's expense was proof positive. Obama's merely a lackey, as was Bush, Clinton, Bush, and every President since Lincoln, and Woodrow Wilson, the ultimate betrayer. Wake up.

Times up
It has been obvious (to me) for years that our governement no longer promotes the general welfare or provides for the common defense in order to form a more perfect union. In the constitution WE THE PEOPLE are charged with removing the government that doesn't and replacing it with one that does. It won't happen though. Too many "Americans" are oblivious to what is happening around them and/or are too apathetic care. A generational sense of entitlement put the lid on that. So sit back, relax and watch this once great nation spiral into a third world country. Personally, I hope I'm wrong. We'll see.

Borders
Let's put the 600k new feds on the borders and give them machine guns.

What constitutes success for America?
"Like millions of my fellow Americans I want Barack Obama to succeed in governing America and reviving the economy,..." - Michael Reagan

I would like to know what constitutes success "in governing America and reviving the economy"? Unfortunately, it's pretty obvious that Obama has bought into the notion that our government needs to stimulate our way out of our current recession so that we can once become the happy recipients of prosperity on the cheap. Just painlessly borrow a trillion dollars and juice the economy back to life. No sacrifices of any kind are required. Just borrow a trillion or so dollars, year after year, and all will be well in America.

If we really want to succeed in America, we need to work our way through the pain of becoming self-reliant once again. The idea that we can somehow finesse our way to prosperity by taking on ever greater amounts of debt is a foolish hope borne of delusion.

Immutable Law
What happens when the Chineese stop lending us money?

"The rich rule over the poor, and the borrower is servant to the lender." God

Obama is a Kenyan citizenship
Hi Obama has stated the news casters that he hold citizenship in Kenya and maybe usa I am not sure about USA> How could congress vote for man that they knew is not a citizen of the USa. America does not recognize duel citizenship. And by the way his name of Not Barack Obama as he was adoped by Lolo Soeteno and he was named Berry Soeteno. That is his real name. He is not our President as The Supreme Court if this do their job will prove this with open arguments. His stimulus package will put this country in debt that we have never known. I think this is his plan bankrupt America and sell her out to the highest bidder. A terriots country is my best bet

Democracy is Dead...
and the future of this country will be run into the ground to make the politicians in Washington D.C. the next demogogues of the World. I agree with O. and betsy ross from AZ say 100% and feel that we all need to get our houses in order quickly or we will be living in a marxist state.

Democracy is Dead...
and the future of this country is going to be grim. Most of the politicians in WDC don't care what the people want anymore, and are looking to save their own skins. Obama's going to be anointed the King of the NWO in a few days and this country will die a slow death. I agree with O. and betsy ross say 100% (#22-24)and would like to know if they have connections to the survive-economic-collapse.com website which I highly recommend. Please check it out.

Keep going, conservatives
this is just what the country wants while we are quickly sliding off the front porch into chaos that Michael Reagan wouldn't even recognize.

Write to your newspapers, post on blogs - be sure to tell everybody you are conservative, and that you want Obama to fail because he will take over your guns and your freedoms. Get your conservative congressmen to fight his recovery plans to the carpet so the rest of the country can see what you are really made of. the unemployed, about-to-be-evicted, no - longer-insured and homeless will really admire and appreciate your work.

Marcia
Your one of those consrvatives who can reallly help your party - write to every newspaper, get on every blog, especially those that are mainstream, and tell them that conservatives are going to spend every waking minute trying to take Obama and his attempts to save the economy down to the mat because you don't like what you are hearing about his birth certificate.

Actually, I'm going to help you by sending your post around to everybody in my address book, then I'm going to quote you in our city newspaper. It's not fair that you all should be so under-noticed and under-appreciated for what you are contributing to this country in these dark times.

Stimulus - another leftist buzz word
It now seems any amount of spending and expenditure is acceptable so long as the word 'stimulus' is attached to it. Perhaps we might describe the dropping a couple bucks in a pan handlers cup as an acceptable 'stimulus'. Blago was simply demanding a 'stimulus' for Bamo's seat.

The left has always been in love with their sex toys and now they're using the lingo to buzz the population. By extention, maybe they might now describe the spending of half a trillion as an economic orgasm.

Rum Dog - Read...
My earlier post "Obama Over The White House"...

Conservatives will not be the only group impacted. Your group will suffer, as well.

Denise,
Life is not a movie.

I'm going to a dinner party tonight
And I'm going to print some of these posts and read them out loud.

Grubby's, for sure, and Marcia's. Along with independents There will be several Republicans there who will enjoy them as much as the liberals, trust me. But, I'll only take 4 or 5, probably Jackpine. If I read too many it stops being funny and just starts being a depression (the mood kind) cocktail.

But rest assured, you don't have to feel restricted to a right-wing nut board, I'll see that your deep ideas get as much exposure as I can manage.

(Love the part about tax money going for liberals' sex-toys, Grubby, that will be fun.)

Drunk on Rum, Dog
"Denise, Life is not a movie."

No sh!t, but FDR was supposed to be the POTUS rather than a screenwriter.

As for the porn industry bailout, I have to ask "Where, O', where is John Holmes when we need him?"

TALK ABOUT TOO BIG TO FAIL!

I was vehemently opposed and vocal about the $700B bailout to begin with because, not only was it a dumb move, I KNEW it would start a bad ball a'rolling. To think that Joe "Girls Gone Wild" Francis, who couldn't even make BAIL a few months ago, would want a BAILOUT is just too funny and demonstrates the ignorance of the WHOLE Federal Government. Yes, Dog, that means Republicans, too!

Bon appetit!

Dog - One More Bone
O's citizenship is, at this point, of little concern to me.

The prospect of bin Biden becoming POTUS is a nightmare.

Obama's Theme Song:
"Let's Do Something (Even If It's Wrong)" by Vince Gill

success
Sorry Michael, but I find this idea that "millions want Barak Obama to succeed" is absolute nonsense. (And by the way, you forgot his given middle name, Hussein. We certainly wouldn't want to remind everyone of this clowns heritage now would we?"

To wish success to this anti-American anti-capitalist Muslim traitor is tanamount to cutting your own throat with a dull knife. This Marxists agenda is to weaken this country and install a world government, which is already happening. To wish this idiot success is beyond the pale.

Wake up fellow Americans, this dude is a subversive installed into the White House to destroy this country.

Hey, Denise,
I see from your last, brilliant and substantive post that you should be running the country and the economy.

Obviously, you have the class, the cool head, the education in economics and the experience in fixing the problems of a global implosion.

Denise/Palin in 2012

Succeed
Mr. Reagan:

You want him (Obama) to succeed at:
aiding and abetting abortion around the world,
empowering the homosexuals and advancing their agenda,
returning the clintonistas to power,
negotiating with moslem lunatics to the detriment of Isreal,
giving race baters Jackson, Sharpton, et. al. an ear in the white house,
coming up with not a single free market solution for the economic ills that government created in the first place,
advancing the cause of environmental terrorists to the detriment of the United States,
continuing the multi-cultural suicide of America,
appointing liberal jurists to the supreme and appellate courts,
and of course wasting the sacrifices of those americans killed and wounded in the global war on terrorism?

Would you have wished Hitler success in Germany, or Stalin success in Russia, or Mao success in China, or Castro success in Cuba, or Pol Pot success in Cambodia, or Kim Il Jung success in North Korea?

Just because this marxist, empty suit happened to win the job of president and this being your country also, doesn't obligate you to wish him well. He should fail and fail miserably, just as Carter failed, so that the american people will know they made a bad choice and need to undo their mistake.

Good God almighty Mr. Reagan, what would your father say!


Rummy
"Hey, Denise,
I see from your last, brilliant and substantive post that you should be running the country and the economy.

Obviously, you have the class, the cool head, the education in economics and the experience in fixing the problems of a global implosion.

Denise/Palin in 2012

***************

Rummy, I have no desire in running in 2012. As for education, I'll compare mine against the fools on both parties in government anyday...

BS in Economics from Georgetown
BS in Finance from Georgetown
Minors in French and Real Estate from Tulane
Juris Doctrate from Yale
MBA from Harvard
Masters from the London School of Economics and Political Science

It is too bad that our Congress lacks education.

B. Hussein ......
...plans to violate the most fundamental laws of economics by raising taxes on the productive, and thus destroying incentives to develop businesses and investments. He knows it's wrong, but hey, he's got an ego that needs feeding. Show some understanding, folks.

Then he's on track with increasing the Democrats beloved dependent class by huge margins.

Hussein and the Dems govern by the Munchausen by Proxy model so as to put the economy on death's door only to show up, blame someone else, and then make things even worse.

Got to love our socialists in congress. Tens of millons of social parasites along with a few millions incorrigibly ignorant folks already do.

Where do we go to pick up the government cheese?


It really is
time for a revolution. We fight or we will die wishing we had. How much more of this democratic/liberal non-sense will we take? I can't support a man who has no experience, who is so wet behind the big ears and the best one of all is, he thinks he is Abe Lincoln. The ego the media built and the dumb masses who believe it are going to destroy us all. We better get it together and stop talking about it.

Gina- O wishes to be like Lincoln
Lincoln had a Civil War, but O might just outdo him.

The South may have started the Civil War, but the whole country will start the New Revolution. That is except for the Peggy the Moochers although they might even join when O fails to pay their mortgages and ObamaGas doesn't fill up their gas tanks.

"Representation" with taxation, which is what O and his merry band of tax and spenders are proposing to do.

Man your battle stations!

Denise makes a good point
There are some similarities between the congress of the mid 19th century and what we are see today.

In the case of the former it was a matter of southern states being outnumbered and excluded from the process. Today it is a political division but the exclusionary process is the same.

The result of the former was succession and a war between opposing governments. The current national makeup is such that true civil war is possible, but I think unlikely, at least in the near term.

We have yet to see civil unrest on any scale. What has occurred has been well organized and funded and certainly not spontaneous. If the economy continues to decline we could see unrest.

Obama seems to think it's possible; why else would he suggest a civilian security force equal to the military.

We had two major party candidates in the last election, neither of which had anything like major economic expertise. If the election was about the "economy stupid" where was the economics candidate?

I haven't heard anything yet that makes me believe that this administration will do anything more than pour on the coals for the economic trainwreck ahead.

Tax Consumers X Tax Payers
Our system has become utterly unfair. The political rhetoric has been "fariness" yet, like the proposed "fairness" doctrine for radio or the "freedom" of choice or the elimination of secret ballots in unionizing all of these use Orwellian semantics : exactly the opposite.
Bad = "Good", wrong = "right" and so on...

It's time for America to wake up and stop electing charlatan lawyers to political positions. After all, what on earth does a lawyer know about Economy ? Healthcare ? Foreign Relations ?
Lawyers are taught deception to the nth degree.

Most of America's problems, be it social, economical or Healthcare can be traced directly back to lawyers!\

So now we have indeed arrived at a point where the majority of American voters are now TAX CONSUMERS.

Personally, as a tax payer, I have opted to move our farming operations to Brazil back in 2004, together with 1300 full time jobs and up to 3000 part time jobs. My decision was 100% correct. I wonder how many productive people in the USA are doing the same ?

Our bloated bureaucracies, high tax rates, impossibly frivolous regulations by a tyrannical, self-serving, ever growing, bureaucracy in a desperate quest to justify the unjustifiable.

With the above we can plainly see that "freedom" today in America signifies SERVITUDE, we are no longer citizens but subjects of an increasingly imperial Executive, Legislative and Judicial bodies.
As long as we keep this increasingly hostile attitude toward business, we will, without any doubt whatsoever, become the world's greatest Banana Republic in the very near future.

Dover pro
Looks like you get the joke. Not many do. We're in for some tough times. It can't be prevented, but preparations cane be made. My guess is that you're doing so.

The ways things are shaping up.

It appears the Liberals in Congress support bailouts and more spending.

The conservatives are supporting tax cuts and less spending.


The american people support less spending.

doc liberty
What's your point? Roll over and die? No this issue was not settled in 1865, why don't you clarify?

A Presidental Waring
PE Obama should take to hear the warning a prior president gave us about public debt and deficits. "[A]voiding likewise the accumulation of debt, not only by shunning occasions of expense, but by vigorous exertions in time of peace to discharge the debts, which unavoidable wars may have occasioned, not ungenerously throwing upon posterity the burthen, which we ourselves ought to bear."
To bad that today we rob our children's children with wellfare, medicare, social security, drug benifits, etc. etc. in times of peace. So much for paying down the debt in the manner that President George Washington advised in his Farewell Address.

Economic Predictions for 2009:
There will be a run on guns and Kleenex by the public.

And---

A confiscation of every tablet of Viagra by the Feds. to "stimulate the economy"!

Invest in any or all 3 and you will see a ROI forthwith.

Obama needs to instill confidence
It's called leadership. He needs to point out the problems in the economy, but also say something along the lines of, "you can do it." His approach is akin to a football coach telling his team at halftime that they can't win.
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