Friends & Associates of Barack Hussein Obama
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really thankful for IBD lately. They’re shooting straight and being honest and unafraid. Thanks for posting this as everything their editorial board is writing about socialism and propaganda are going on my blog.
Nobel laureates in economics is not really a plus...but anyone got a link?
“The businesses that create jobs and generate wealth are already discounting the future based on what they know about Obama’s plans to raise income, capital gains, dividend and payroll taxes, and his various other economy-crippling policies. Which helps explain why world stock markets have been so topsy-turvy.
But don’t take our word for it. One hundred economists, five Nobel winners among them, have signed a letter noting just that:
“The prospect of such tax-rate increases in 2010 is already a drag on the economy,” they wrote, noting that the potential of higher taxes in the next year or two is reducing hiring and investment.
It was “misguided tax hikes and protectionism, enacted when the U.S. economy was weak in the early 1930s,” the economists remind us, that “greatly increased the severity of the Great Depression.”
We can’t afford to repeat these grave errors.
Yet much of the electorate is determined to vote for the candidate most likely to make them. If he wins, what we consider to be a crisis in today’s economy will be a routine affair in tomorrow’s.”
Well said. Sad, but well said. I call it the liberal guilt “death wish.”
I find it so outrageous that he’s running ads here showing how he’s a huge tax cutter, and McCain’s an increaser.
Unreal.
If so, eventually the US will see investment leave, jobs leave, and talent leave. At this point all the left will be able to count on to keep people and their $ here will be nostalgia or threats of state violence.
I’m an American, but if America is killed by the lefties, then it’s off to that new land of opportunity. After all, our forebears once left their homelands in search of an opportunity to pursue their dreams.
Liberals are ultimately incredibly stupid. They’re children. They want everything and they want it now. Of course they expect the market to continue to turn out all of the innovative products it does. Yet they expect that massive government interference in the marketplace won’t change a thing.
Hopefully enough voters wise up and see the giant, putrid wave coming from the left.
Obama will turn this country upside down.I’ve given up trying to talk sense to the libs at work.They(libs)are w/out doubt the most obtuse and arrogant people i’ve ever met in my life.
amazing...made me cry...I sure hope it works......
Buy physical gold, sell US stocks (especially healthcare and energy), get OUT of US dollars? Buy foreign equities and currencies where capital is treated well (China? Japan? Australia? Canada?).
The dollar is so toast. All this spending and future liabilities. We will ultimately default or hyper inflate. There is no alternative to this.
Everybody put your hands out...
Note to IBD: The Big Socialism happened since September 1st.
If 0bama wins, America has lost its way.
BTTT!