Surprise Week
A strange week in the land of the bruig. A republican wins Kennedy's Senate seat in Massachutsetts and Obama reveals his latest idea, driving the DOW down 6% in less than a week. What am I to make of this?
Massachusetts sent a republican to the Senate. Apparently enough voters in the Bay State have been paying attention to what the regime in Washington has been doing this past year and aren't pleased with what they see. The economy has stagnated at near Depression levels of economic activity and employment. The country is deeply in debt and plunging deeper in debt every day. TARP and stimulus spending has only generated bonuses for the regime's political allies as the general economy flat-lined. The regime's showcase legislation, health care reform, could only be advanced with out-right bribes to politicians and unions. Who would want more of this? So Massachutsetts voters sent a spoiler to Washington to slow the regime train down.
Obama, surveying the shift of the landscape, mutters some platitude about angry voters and proceeds to go populist by threatening to punish bankers. The DOW drops back to where it was last Fall as our leader pumps uncertainty into the fragile business climate. Obama is an idiot! I'm fairly certain that this braying jackass believes he can buy more voters by threatening evil banks, even though he's certain to heap bribes on his banking cronies. So Obama is also a liar and a crook.
I'm not going to listen to this third world liar and crook's state of the union address because a) I already know that the union is fractured and in deep trouble and b) why would I listen to a liar.
Spengler thinks the US is a failed state. Reading over at Belmont Club this weekend was both enlightening and depressing. I think Spengler and Mongo have assessed the dilemna about right. We have no political leadership in either party and few economic solutions. Will the American voters demand that our leaders make tough decisions or put on the Jimmy Carter cardigan and go out with a whimper? I just don't know anymore.
Massachusetts sent a republican to the Senate. Apparently enough voters in the Bay State have been paying attention to what the regime in Washington has been doing this past year and aren't pleased with what they see. The economy has stagnated at near Depression levels of economic activity and employment. The country is deeply in debt and plunging deeper in debt every day. TARP and stimulus spending has only generated bonuses for the regime's political allies as the general economy flat-lined. The regime's showcase legislation, health care reform, could only be advanced with out-right bribes to politicians and unions. Who would want more of this? So Massachutsetts voters sent a spoiler to Washington to slow the regime train down.
Obama, surveying the shift of the landscape, mutters some platitude about angry voters and proceeds to go populist by threatening to punish bankers. The DOW drops back to where it was last Fall as our leader pumps uncertainty into the fragile business climate. Obama is an idiot! I'm fairly certain that this braying jackass believes he can buy more voters by threatening evil banks, even though he's certain to heap bribes on his banking cronies. So Obama is also a liar and a crook.
I'm not going to listen to this third world liar and crook's state of the union address because a) I already know that the union is fractured and in deep trouble and b) why would I listen to a liar.
Spengler thinks the US is a failed state. Reading over at Belmont Club this weekend was both enlightening and depressing. I think Spengler and Mongo have assessed the dilemna about right. We have no political leadership in either party and few economic solutions. Will the American voters demand that our leaders make tough decisions or put on the Jimmy Carter cardigan and go out with a whimper? I just don't know anymore.
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