Once again Obama is setting the stage for taking a bad economy, making it worse, and claiming success.
Excerpt.
We start this new year in the midst of an economic crisis unlike any we have seen in our lifetime. We learned yesterday that in the past month alone, we lost more than half a million jobs a total of nearly 2.6 million in the year
In 10 days we’ll officially be under Obama’s thumb, with his party also controlling both houses of Congress. When these policies turn a crisis into a catastrophe, they’ll try to blame the Republicans, but it’s going to be all on them. He claims economists from “across the spectrum” insist government must intervene, but these two economists must not be in Obama’s spectrum. The two researchers from UCLA studied the Great Depression and determined FDR’s approach (whose lead Obama is following) actually made things worse.
Noticeably absent was any mention of the conflict in the Middle East–no mention of Iraq, no mention of the Israeli-Hamas conflict, nothing on foreign policy at all.
1) Taxpayers’ Bill of Rights (TABOR). Limit federal spending growth to the percentage in population growth plus the rate of inflation; provide taxpayers the option of filing a post-card sized return using a low, flat tax rate of 15%
2) End Tax-funded abortions. Stop federal payments to Planned Parenthood and prohibit any taxpayer-subsidized health insurance plan from covering abortion
3) Defend American Borders. Complete America’s border-protection initiatives using remaining funds from the so-called stimulus bill
4) King Dollar. Preserve a strong dollar so that Americans’ savings aren’t wiped out by inflation and the U.S. dollar remains the world’s reserve currency
5) Empower American Business. Immediately slash corporate tax rates to 15% and scrap the capital-gains tax altogether
6) Defend America. Strengthen America to defend our homeland and fully fund an operational, layered missile-defense system
7) Statism Exit Plan. De-fund czars; immediately cease bailout payments to failed companies; ban future bailouts
8)End Generational Theft. As few believe America’s entitlement programs will be able to pay benefits to future generations, provide younger workers the choice of diverting payroll/Social Security taxes into personal retirement accounts
9) Restore America’s System of Justice. Introduce penalties for frivolous lawsuits, where those who launch unsuccessful lawsuits are liable for the defendants’ legal bills
10) American Energy Independence. All-of-the-Above strategy that embraces alternatives, expands and accelerates exploration and production of oil and natural gas, and jumpstarts dramatic increases in nuclear power
As if the market-demagogues in the Republican party had nothing to do with all this financial crisis …
There is no doubt they did, and true conservatives have said so for a long time. I haven’t been a Bush defender for a long time.
But, just because I criticize Bush, doesn’t mean I’m going to give Obama a pass.
As if ‘true conservatives’ had nothing to do with all this mess …
Insomnia