It's been about 18 months since the coup of 2006 when the lefties took back the house and senate.
So let's see how the are doing.
Prior to November 2006...
1) Consumer confidence stood at a 2 1/2 year high; 2) Regular gasoline sold for $2.19 a gallon; 3) The unemployment rate was 4.5%.
Since voting in a Democratic Congress in 2006:
1) Consumer confidence has plummetted; 2) The cost of regular gasoline is approaching $4/gallon; 3) Unemployment is up to 5% (a 10% increase); 4) American households have seen $2.3 trillion in equity value evaporate (stock and mutual fund losses); 5) Americans have seen their home equity drop by $1.2 trillion dollars; 6) 1% of American homes are in foreclosure.
America, you voted for change in 2006, and you got it! Pat yourselves on the back. Remember it's Congress that makes law; not the President. He has to work with what's handed to him.
It takes 52 seconds to see why Obama can never be the leader of the United States and the free world.
If elected, he will attempt to reverse 400 years of military progress and dismantle the greatest military superpower ever to exist.
Barack Obama will usher in a new age of mediocrity and the United States will cease to be relevant. While China, North Korea, and the Islamic extremists build their war machines at a dizzying rate adding daily to their arsenals, this freshman senator with no international experience seeks to close army bases, cut critical funding, cease our vigilance, and surrender our superiority to those who would do us harm.
The one thing that thrills me about this race for the democratic nomination is watching Clinton and Obama bitterly tearing each other down. I love all the hissing, the leaked stories, and the bile they hurl at each other. One smiles while stabbing the other in the back. And the best thing about the upcoming Democratic Convention? One of them will lose come August.
They are so neck and neck, and their rabid followers are so filled with vitriol and fervor, that neither will concede until it is too late. And I am guaranteed that at least half of the blue voters will wake up one morning to stunning loss and tragic disenfranchisement. That thought fills me with unbounded elation. It'll be like Christmas. The thought of all that money wasted, the blood, sweat and tears poured down the drain, the promises broken, and the budding hope CRUSHED. And it can only get better. It'll be like 2004 all over again.
Ralph Nader, I'd like to thank you in advance for weeding out the greenies again in 2008.
I still think HD-DVD has a future, it's solid technology... perhaps as cheap optical mass storage. But boy am I glad I didn't jump on the HD-DVD bandwagon 2 years ago when I was toying with the idea.
I still might get a player if it clearances below $50. The toshiba models do a bang-up job upconverting DVD's to 1080p.
I was against President Bush's tax rebates in 2001, and again, I vehemently oppose them in 2007. While some disparage Bush for his overreaching foreign policy and heavy-handedness dealing with domestic policy, I fault him for his departure from traditional fiscal conservativism.
I don't presume to know more about global fiscal policy than Bush's current advisors, but many of his recent decisions are deeply unsettling and uncharacteristic moves for a conservative president to make. First the deal made with mortgage lenders to freeze ballooning ARM rates, now the tax rebate "stimulus" plan... While the intent clearly is to stave off a looming recession, these populist moves fly directly in the face of traditional libertarian and conservative principles.
Nevermind the flagrant overreaching government intervention, I don't see how putting $300-$1200 into the hands of the working and middle class is an effective way of jump-starting the economy. From a macro-economic point of view, domestic industry revitalization is the only way to go in stimulating a financial turnaround. Congress should focus on higher protectionist tariffs on foreign imports, stronger border protection, and tax breaks for small business and key industries.
But since the Pelosi-Reid gears of Congress have started to turn, it is pointless to rant. As in the time of the Caesars, you can tax the living daylights out of the mob, but throw them a free loaf of bread and you will win their hearts for life.
Listen to Ron Paul: "A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank." Dr. Paul is definitely on to something... Give this guy a chance.
