Free Republic

Amazing. President Barack Obama's Democratic Party keeps plummeting in the generic polls that measure Americans' party preferences. Yet the president has taken what looks like nothing less than a calculated move to assure the destruction of Democratic rule in Congress, all supposedly in the name of getting the nation moving again. His proposal to spend more government stimulus money is going over like a skunk at a garden party, both with the public and even with many Democrats. Still, the president stays on message. He's refusing to extend the George W. Bush tax cuts, even though the economy is crying...

As the economy continues to worsen under Obama's "recovery" plan, more disturbing news emerges. A record number of workers made hardship withdrawals from their 401(k) retirement plans. In fact, "the number of workers borrowing from their accounts reached a 10-year high" and reflects "the financial stress many workers" are experiencing according to Beth McHugh, Fidelity's vice president of marketing insight. The report was made by Fidelity Investments which administers 17,000 plans and represents 11 million participants. The number of people initiating the hardship distributions has risen from 45,000 in 2009 to 62,000 in 2010. Equally alarming is that "45 percent...