Hansen is more optimistic than I am that we can turn this ship around and get a recovery with Obama’s veto power.
Nothing fails like success.
“In the meantime, an entire generation of Democratic House members and senators are going to pay a heavy price for falling for a clearly inexperienced, untried, and often petulant candidate amid the exuberance of the 2008 hope and change wave.”
Music to my ears.
First we win, THEN we do the end-zone dance.
People dont like to focus on a subject they know nothing about.
“...and thus start using their stockpiled trillions to rehire and buy equipment in 2011.”
VDH is brilliant.
But the above statement is frightening.
Capital formation in this country is nearly non-existent. What we thought was savings was actually pulled-forward demand by excessive credit and ZIRP.
And credit won’t exist once the mortgage meltdown hits in full-force in 2011 (Option-ARMs, ALT-A’s, defaults, and CRE). The mortgage meltdown will take out several of the biggest banks. CRE will take out a good chunk of the middle-tier banks.
IF — and that is the largest hypothetical IF you can imagine — we did not have the debt we have, we could fix this economy by massive cuts to socialist spending (read: “entitlements”) and massive tax cuts on businesses so that they could actually resume REAL capital formation to grow their businesses and hire people.
But even if we did the above, we still can’t succeed because pretty soon just paying the interest on our national debt will consume such a large chunk of GDP, our economy will be in its unrightable tail-spin.
No, my FRiends. The left is now doing what they always do when their socialist economic policies fail: they are blaming other nations and they are inflating their way out.
We are hearing the first saber-rattlings of an eventual war with China. The first womanish slap was by Timmy-boy Geithner who had the nerve this week to criticize China’s manipulation of the currency — and this from a womanish little boy whose entire professional career has been with an organization that manipulates the currency via inflation and deflation and artificially setting the interest rate.
4) The adroit Obama campaign that stressed centrist, “across the aisle” issues and style.
I think the number one catalyst (besides the rampant ACORN/SEIU vote fraud) was the rats appealing to the anti-war sentiment. Now these rat voters realize that the Islamic threat wasn’t just a figment of GW’s imagination.
Amen!
Without 2/3’s of both houses to override the veto, we’re stuck with Obamaism.
I would really be surprised if the Rats don’t steal the election. REALLY surprised.
A snake oil salesman, once he gets a crowd, doesn’t start pushing real medicine.
NOVEMBER.
I doubt most Republicans and even fewer rinos realize and understand just how much hatred and distrust they've earned thanks to McCain.
To see some of the rinos now wrap themselves in their anti-obama righteousness makes me seethe. Without them and their big spending ways, obama, Reid and Pelousy would still be throwing stones from the cheap seats instead of putting us into the wall.