Obama gives speech on economy while overriding tradition and that theory of “one President at a time”


Ha…Obama you funny man…..No talking about supporting Israel’s defense and Hamas…but give him a stage for Socialist ideas before inauguration and he’ll forgo that whole  “one President at a time thing”!

Anyway, he gave a speech on the economy today which in summary told us (my paraphrase):

The traditional free market is the cause of our evils and ONLY government can fix this problem…

Never mind that he is 180 degrees off in his assessment…my thought?

Government CAUSED this mess and only the FREE MARKET will get us out.

Democrats pushing loans for those who couldn’t afford them, run away spending by BOTH parties, dumbing down of America, and welfare dependency promoted by liberals are BIG reasons why we are in this mess.

A bloated, exponentially growing government is not the answer.  Obama’s solution for tax cuts (that are really welfare credits) to those who don’t even pay taxes, huge government-controlled industries, and creating 600,000 GOVERNMENT jobs does fulfill Obama and the Democrat’s Socialist dreams….but does nothing for our economy, America’s free markets, and democracy.

And by the way, where are the Republicans on this whole pork-by-nature welfare Socialism bailout plan proposed by Obama? 

Do the Republicans understand that you can have TWO PARTIES working at the same time? 

Republicans seem to be largely MIA so far, or afraid of racism charges if they criticize “The One”.

Just as I’m writing, I see John Boehner just started talking about Obama’s speech on the economy….

Funny how all Boehner basically conveyed is an idea of the spending THAT IS MISSING in the plan (albeit some important spending on Iraq and Afghanistan) and how we need to talk about how HIGH we can go with spending….

(I am banging my head on the wall)….where is the rebuttal to tax cuts that are really welfare credits?  where is the rebuttal to Obama’s accusations that America has done everything wrong up to now? (ie. Obama does not believe in a free market and democracy)

Senator Mitch McConnell talking about working with Obama on the plan and says Obama wants to include Republican ideas….(yea, right)….that must be why he has to label welfare as TAX CUTS to lure in the Republicans, otherwise they may not want to play.

At least McConnell did make these two statements in favor of some amount of rational thought:

  • reduce middle class tax rate to 10% down from 25%
  • make money doled out to states a loan instead of a grant

Anxiety medications will be big business and the drug-of-choice for the next 4 years.

UPDATE 1/8/09 : as quoted at Ace of Spades:

If spending were the key to prosperity, given all the increased spending the federal government has been doing over the last few years, especially over the last year, shouldn’t we be rolling in the rainbows and unicorns by now?

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One Response

  1. SRT,
    Good luck tonight with your Boomer Sooners..

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