enough said
Posted on 03/03/2009 5:14:13 AM PST by grayhog
Kinda hard to invest in companies when anyone who makes capital gains is a prime target of the administration. Even worse is the probability of specific industries being targeted for increased government oversight, regulation, and perhaps even nationalization.
The Democrats have long demonized anyone who makes a profit. We are considered selfish for trying to stay ahead of inflation by saving and/or investing for the future with the little money we have left after paying our bills and taxes.
If the Democrats succeed, there will be little or no incentive to try and get ahead, because every time one of us raises his or her head a little bit, the entitlement folks will move in for their cut.
One minute video on Tube:
Obama is a reckless spender with other people's money
I did see Lou Dobbs lay into Obama’s budget and policies last night, but the usual network lackeys were continuing with the “see no evil, hear no evil, speak no evil” template.
Bush had the famous "jobless recovery". And he also had "the worst economy in 50 years" -- that was with a stock market at 14,000 and unemployment at 6%.
Now, things are different. But the media would rather die than associate the decline with Obama.
>> you’d better believe [President For Life] has crossed his sick mind.
I think Bambi does live in a world of his own — a socialist utopia wherein he and other enlightened individuals run everyone’s lives.
But I don’t think he’s quite connected all the dots as to how he’s going to get there. For example, he can’t WAIT to raise taxes and punish all those producers! Simply can’t wait. But I don’t think he and his economically lame administration have quite figured out that there ain’t gonna be much to tax by the time they’re done.
It also appears that their visions of worker utopia have blinded them to certain populist issues that could be problematic for them at election time. For example, guns and cars. Take away peoples’ guns? BIG populist deal. But take away their “right to drive whatever they damn well please”? Or make it too expensive? BIG HONKING HUGE ELEPHANT SIZE populist issue!
We shall see. I don’t think the forty-seven year old child is quite as smart as he thinks he is. And he has surrounded himself not with “the best of the best” but with calculated political cronies that are none too bright themselves.
Maybe he'll find his birth certicate. Might be good for a few small upticks.
The Gold Report: Where do you see the precious metals going? The U.S. government and all central bankers are jumping in at unprecedented levels. The Fed says it's going to throw in everything it's got to stimulate. Is it going to be enough and what will that mean for commodities? Or, if it doesn't work, what does that mean?
First, in early March, gold prices hit their all-time high of $1,030 an ounce. Just three months later, gold prices for December delivery had plummeted to $681 an ounce, a 21-month low and 33.9% drop from its record high.
What would happen if A huge entity in the U.S. was discovered, during a government audit, to be holding a large amount of gold bars and newly minted coins from China? What would happen if the price of Gold dropped due to the massive influx, say to about $700, and everyone jumped it to stake their claim...........
but then the Gold turned out to be counterfeit?
Above all, Obama yearns to be liked - not only liked, but worshiped.
The sinking stock market accompanied by the sinking poll numbers have got to be sobering and scary to him. Whether or not his proposals are worsening the economy, who knows-they haven’t even been put into practice yet. The fact is people remain fearful and they are starting to blame his proposals for the problems. There are as many Democrats with holdings in the stock market as there are Republicans (maybe even more so if you count the local/state/federal workers’ pension funds).
This turn of events will mean that Obama will face opposition when he tries to overreach. Congress and 1/3 of the Senate has to face re-election in two years. They don’t want to hitch themselves to the gravy train to h***.
The WSJ is respected and feared. Other MSM outlets will follow the WSJ’s lead and start questioning the proposals.
This is an early wake up call for the Chicago thuggery to get its act together pronto and start proposing ideas that help the economy, not sink it - ideas that a majority of the GOP can support and share credit on.
Obama will be doomed if he believes his election was an endorsement of socialism and acts accordingly. For some of his voters it was, but for many others it was not.
enough said
I don’t expect him to last his first term.
He’s black, he’s a lying Marxist, he was elected by the lying Press.
They will try to get him elected to the second term. It’s up to US to educate enough people to the truth. Oprah and Katie will fight us every inch of the way.
Hello Mr. Fan......Meet Mr. Monkey Wrench!
Yes it is. I have mixed feelings about Cramer and his past support of the Democrats but yesterday his rant was on the money. He told his audience to google "Bolshevek and Banks" and that would give us an idea of what is going on here. I couldn't believe he said that.
http://hotair.com/archives/2008/11/02/obama-ill-make-energy-prices-skyrocket/
0bama warned us. “Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.”
Nobody should be surprised.
And don’t forget the coming implosion in commercial real estate.....
hh
I saw a short clip of our Muslim Messiah on FOX the other day. He was saying the lobbyists and the special interest groups would be coming to the White house to start a fight, but he was not going to cave - he's ready for a fight. He wasn't the usual, high chinned, arrogant SOB he usually is. He looked livid. He looked pi$$ed. How dare they disobey their master? How dare they even question his divine wisdom? Do they not know who he is? Why he came down to Earth at this time in world history?
I've expanded my retirement planning options to include early death.
Every time he opens his lying mouth the Dow drops several hundred points. His stimulus plan would work a lot better if he had it stuffed up his a—.
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