Posted on 10/04/2009 5:57:45 AM PDT by jodiluvshoes
In Obama's case, it is increasingly apparent to all but his most jaded partisan supporters that the door is rapidly closing on the easier excuses of "ignorance or stupidity".
No-body's policies and goals can be 100% consistently against America's best interests and the assumption remain it can be anything other than deliberate. At some point, even the hopeful well wishers must forsake the blinders and face the reality of what sort of man America has elected to the highest office in the land.
We are so screwed.
Weak presidents mean terrible wars. Look for crisis to come.
The tipping point for me was GM’s bondholders. A real economy destroyer - institutions turning on the Rule of Law and stable contracts, to pay of union cronies.
What will be appropriate (nationalized), next? That act, alone, just drives regular Americans nuts - where to store OUR money, where it won’t be TAKEN AWAY?? This type of act will escalate, I fear, if unemployment goes higher. A “national emergency” will be declared, and ALL of our wealth, savings, IRAs etc will be “needed” to correct the economy.
When - it was the initial “intervention” that has caused a lock up in market spending & lending flows!
Nice goin’, Chi(cago)-coms - you destroyed a competitive (efficient, improving, expanding) economy.
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