Posted on 11/28/2009 8:43:07 AM PST by FromLori
It's going to get worse before it gets better.When it comes to the problems facing this country, an old slogan comes to mind: "You Ain't Seen Nothing Yet."
High unemployment, the recession and a terrorist resurgence in Afghanistan are bad enough.
Why the pessimism? In short, we are doing nothing to prepare for the crises to come.
But as the world economy recovers, oil will probably surge back over $100 a barrel, increasing our oil import tab by 25 percent or more. The Obama administration, though, mostly is obsessed with subsidizing relatively small amounts of wind and solar power. It likely won't be long before angry motorists at the pump are demanding to know why we have not pushed for more development at home of still-plentiful natural gas and oil fields.
Meanwhile, other economic bad news may be just around the corner. Today, interest rates on short-term Treasury bills still are less than 1 percent. But they, too, will climb as business picks up and worries over American inflation spread.
If we have to pay foreign lenders 5 percent to 7 percent interest on our debt, as in the past, the increased costs will gobble up additional billions from our annual budget. Yet sadly again, we are missing this rare opportunity of low interest to pay off cheaply the trillions that we already owe. Instead, we are borrowing even more!
The war on terror is also heating up again. Fairly or not, the Fort Hood massacre sent the message that the United States is more worried about appearing politically correct in matters of diversity than hunting down radical Islamists on its home soil. Those who seek to copy what happened at Fort Hood will be encouraged. And those charged with stopping them discouraged and confused.
(Excerpt) Read more at washingtontimes.com ...
Oh-oh! Politicians share personality traits with serial killers: Study
http://latimesblogs.latimes.com/washington/2009/06/politicians-and-serial-killers.html
old but lol
http://www.freerepublic.com/tag/victordavishanson/index?tab=articles
Why the pessimism? In short, we are doing nothing to prepare for the crises to come.
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The statement needs to be corrected...
“Why the pessimism? In short, we are doing EVERYTHING TO CREATE THE CRISIS that is growing.”
It is not pessimism but facing reality. You are right on and the dumbing down of Americans have placed America at the edge of falling off the cliff.
My apologies I did a title search
bump for reference
VDH once again succinctly puts it all into perspective without the usual sugar coating or out right lies of the MSM.
I tried a title search, too, and I wonder why the title search isn't working today -- in fact, it seems to go down pretty frequently.
It is time that we start using the heavy stuff now. hydrogen, Nukes to kill these rag heads. Annihilate the middle east and then rebuild it. I’m sick of these leftists killing warriors with the PC fight.
The worst possible Government for the worst possible times. It's a fit. The question is, "will this wake the electorate up?"
News Flash: The Barbarians are within the gates, looting and pillaging everything in site. The Cavalry isn’t coming.
Yet. They are arming up though.
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