Obama Economics

Have you noticed that every single thing that President Obama announces that he is doing to "help" the economy drives the stock market lower??? You would think that after a while he would get the drift!!!

Painfully Numb

I think Paul Simon had it pegged when he said, "If we weren't all crazy, we would all go insane." I think as we look around us at the incredible economic meltdown that not only effects our little sphere of influence, but the entire world, that if we don't have a sense of humor we will literally loose our minds. When we look and see that the stock market is down almost 50% from its high...and down to levels of ten years ago we have to ask..."Was the high an artificial bubble, or is this a way over the top reaction." I find it so disheartening that we seem to be rewarding those who made the awful decisions that put us in this position by giving them money from the people who played it straight, kept their financial decisions under control, and made all of their payments....on time. We just seem to be saying...."I know that you don't have a clue, but here, take all of this money and go out and make those same mistakes again." The old joke about rewarding the guilty and punishing the innocent seems to actually being lived out. There is certainly enough blame to go around. There was not nearly enough oversight from the Bush administration...but, I just can't believe that Barney Frank and Christopher Dodd, two of the real culprits, are just keeping their heads in the sand and accepting none of the blame. Unfortunately, I think that I am beginning to believe that Karl Rove had it right when he said that Obama and his team of Clinton re-treads are "just winging it." Unfortunately, they are winging it with our money and our future. It really seems like we truly are..."still crazy after all these years."

A Rather Shaky Start

It is a little surprising that Barack Obama has managed in just a little over two weeks on the job to alienate so many of those who supported and voted for him. His first two executive orders to close Gitmo and overturn the order to not provide funding for abortions out of the country raised more than a few eyebrows of those who do not tilt left of center. Now, even the New York Times is lowering their "slobbering"...as Bernard Goldberg calls it...level and actually taking a somewhat objective look at this shaky start. And...when Maureen Dowd steps down off the band wagon you know something is really askew. Also, according to the Rasmussen Report the tide of public opinion is rapidly turning against the so called Stimulus Bill as passed by the House. The $900 billion bill is being seen for what it really is...a Christmas tree filled with every liberal ornament that has been conjured up over the past eight years. Now....as the pundits have been saying for some time that Obama will say anything to anybody to get elected... seems to be becoming more and more evident. A few day ago he was saying the House Stimulus bill must be passed in its entirety to save this country...well, now it seems that maybe some of the items may need to come out as they don't really create jobs and stimulate the economy. Really? Didn't he read the bill before he started applauding it? Or, did he rely on the opinion of the same people who told him that Tim Geitner and Tom Daschle only had minor glitches on their record and don't worry about those little tax issues. Isn't it amazing that all of this has happened in only two weeks. My word...what can we expect in two years?