I love all the wringing of hands from the liberals and the whispers that –you know — Obama might not be mentally up to the challenge of being Prez. Well Duh.
Anyone who looked past his skin color realized he had no experience and was woefully unprepaired for the job.
Will he be worse than Cater? Dunno. He has the potential.
It comes down to this… and remember this because 10 years from now you’ll look back at this and realize I was right…
It depends on which Obama governs. If pragmatic Obama governs we have a chance. If he wakes the hell up and realizes his plans (at minimum) need to be phased in to not kill the economy, he might get half of his socialist agenda through and not kill us… at least not right away.
But if (Lord help us) Obama the ideologue governs… he will make Jimmy Carter look like Ronald Reagan. If he tries to cram full fledged socialism down our throats with no input from reality, he will either fail spectacually to get his adgena passed or sink the whole country.
Carter was too dim witted to realize the error of his ways. Obama (while is is dumb) is smarter than that. Will he comprimize his radical adgenda for the good of the county? Dunno, but if he doesn’t forget buying gold, you’ll need your saving in lead. Things will get real, real ugly.
I got sorta busy with the holidays but I wanted to take moment to thank all my readers and wish them a Merry Christmas. That goes to both of you. 😉
I’m hoping one of you out there can call my mortage company and talk some sense into them. I called them this morning but got nowhere.
So you have the background, here is the transcript of the phone call. Bold is them, plain text is me.
Hello, ABC Mortgage.
Good Morning. Hope. Change.
Um… may I help you?
Yes, I’d like to close out my mortgage please.
OK, May I have your account number?
OK I have your account right here… How would you be paying off the balance?
What do you mean ‘paying of the balance?’
Sir, you have a balance of $123,456.78
There must be some mistake. Hope. Change.
There is no mistake sir, if you want to close out your mortgage you need to pay off the balance of $123,456.78.
But I voted or Obama and he won.
um… uh… well… sir I understand that but you still owe the balance of your mortgage.
I’m not sure what that means.
It means hope, change, we voted for hope and change. Now I’d like to close out my mortgage.
Sir… maybe you don’t understand it doesn’t work that way.
But I voted for Obama, don’t you understand?
I understand that sir, but when you bought your house you signed a contract saying you would pay off the money we lent you. You can’t close out your mortgage until the balance is paid.
I’m sorry sir.
What state are you in?
What state am I calling, what state is your company in?
We’re in South Carolina sir.
Is that a Red State or a Blue State?
That’s a Red State sir.
Oh, That explains it… YOU NAZI.
You can see they problem. They don’t understand what Hope and Change means. It does mean something… right?
Shock and Awe from Orlando. For possibly the first time in the whole campaign, someone from the Obama camp was asked some tough questions. – And they are crying like babies.
But let’s back up. Sarah Palin had to go through multiple interviews whose sole purpose was to humiliate her. Not just questioning her ability… The interviews where an outright attempt to embarrass her; looking for any flaws in her answer. Meanwhile nobody in the last 2 years has asked Barack Obama any question much harder than: “Tell us how much better you are than your opponent.”
Then came Barbara West of WFTV-Channel 9 who asked him a few tough questions.
The cry-baby Obama camp sent them a nasty note saying they had cut them off from any further interviews…
“There’s nothing wrong with tough questions, but reporters have the very important job of sharing the truth with the public — not misleading the American people with false information. Senator Biden handled the interview well; however, the anchor was completely unprofessional. Senator Biden’s wife is not running for elected office, and there are many other stations in the Orlando television market that would gladly conduct a respectful and factual interview with her.”
“This cancellation is non-negotiable, and further opportunities for your station to interview with this campaign are unlikely, at best for the duration of the remaining days until the election.”
HOW DARE SHE ask him tough questions. Doesn’t she know her job is to praise him?
Obama’s response tells all.. Do not question The One, only worship him.
If I where Mrs. West, I’d get ready… the liberals will try to destroy her like they tried on Joe the Plumber.
With the election still over a week away, and last I checked not decided, the liberals in Congress can taste victory and are already dreaming aloud about pushing their radical agenda…
Bawney Fwanks says he wants to cut the military by 25% and John Kerry is planning “The New Deal II.”
And notice the language both radicals coop. First Fwanks:
NEW BEDFORD — After the November election, Democrats will push for a second economic stimulus package that includes money for the states‘ stalled infrastructure projects, along with help paying for healthcare expenses, food stamps and extended unemployment benefits, U.S. Rep. Barney Frank said Thursday.
In a meeting with the editorial board of The Standard-Times, Rep. Frank, D-Mass., also called for a 25 percent cut in military spending, saying the Pentagon has to start choosing from its many weapons programs, and that upper-income taxpayers are going to see an increase in what they are asked to pay.
Now listen to John Kerry’s liberal dreams…
John Kerry wants “New Deal II”
The nation’s battered economy needs an old-fashioned “Rooseveltian lift” of regulatory reforms and government spending on the infrastructure, clean energy and other sectors, U.S. Sen. John Kerry said yesterday.
Kerry, facing a re-election challenge from Republican Jeff Beatty, rejected GOP calls for more tax rebates to stimulate the economy, as was done last spring.
“I am for a stimulus package. I am not for a stimulus package that just sends out checks,” said Kerry at a Boston Herald editorial meeting yesterday.
Instead, Kerry said the nation needs to spend more in areas that will both help the economy in the short run and long run – such as on roads and bridges, clean energy initiatives and life sciences.
Both men are now calling increased government spending a “stimulus package.” And this is the difference between liberals and conservatives, Democrats and Republicans.
Republicans call a “stimulus package” where they send you back a portion of the money you’ve sent to Washington so you can spend it to kick start the economy.
Liberals call a “stimulus package” an expansion of the welfare state. Bawney Fwanks thinks giving out more food stamps is a “stimulus package.”
It’s the standard liberal playbook, take money away from the people who earn it and “spread the wealth around” while destroying the nation’s military. -Because that worked so well during the Carter Administration.
I’m not an economist…. so I don’t know how to judge a story from the AP business wire this morning, but my spider sense tells me this writer is smarter than most and really “gets it.”
Which in this case is a bad thing. Cuz if he’s right, this is scary.
You should take the time to read the whole thing. Twice. There is a lot to digest in there. But I’ll bold some of the parts that have me hiding under the covers this morning.
LONDON (AP) — World stock markets tumbled Friday on growing alarm that a global recession will ravage corporate profits and push smaller developing economies to the brink of collapse.
Futures indicated a sharp drop on Wall Street, with futures down 550 points, the maximum daily price change.
In the European morning, Germany’s benchmark DAX index was down a massive 10.76 percent at 4,033.27. The French CAC40 down 10 percent at 2979.95 while Britain’s FTSE 100 was 8.67 percent lower at 3,733.33 after third quarter GDP fell 0.5 percent, putting the country on the brink of recession, which is technically defined as two quarters of negative growth. The previous quarter’s growth was 0.0 percent.
Japan’s Nikkei 225 stock average slid 9.6 percent to 7,649. U.S. stock index futures were down sharply. On Thursday, the Dow rose 2 percent to 8,691.25.
The sudden gloom over growth expectations is having the added impact of putting small economies and currencies under extreme pressure. Investors are pulling money out of countries in Eastern Europe, Latin America and Asia on fears vulnerable countries will not only be hit hard by the financial crisis but may also default on debt.
“Periods of panic punctuated by occasional calm appears to be the manner of things for now,” said Daragh Maher at Calyon.
He said that as investors flee economies they view as less stable, the repatriation of money has boosted the dollar to the detriment of smaller currencies.
“For now this means much of the focus is on the International Monetary Fund and what it might have in mind to insulate emerging markets, given that they are now the clearest pressure point,” said Maher.
Markets are afraid that the world may see more countries go the way of Iceland, whose economy effectively collapsed this month after its financial sector went bankrupt.
In Europe, for example, Hungary, Ukraine and Belarus are all, like Iceland, in talks with the IMF to discuss possible loans.
The euro, which investors consider very exposed to the vulnerable Eastern European markets, fell to a two-year low against the dollar, dipping below the US$1.25 level. The British pound dropped to US$1.5264 against the dollar, the weakest since August 2002.
The dollar fell against the yen, however, as low as 90.89 yen, the weakest since August 1995. This is because the yen is used a currency to fund riskier investments — it is sold to raise cash to put in higher growth areas. When investors are scared of losing money in emerging markets, they undo those trades, buying the yen back. This flow intensified Friday, leading some to wonder whether governments and central banks may intervene in foreign exchange markets.
“We are getting used to wild swings in the markets, but today’s moves verge on the bizarre,” said Julian Jessop, chief international economist at Capital Economics.
He said direct intervention in currency markets could be warranted, since a rate cut by the central bank to support stock markets would do little, considering Japan’s interest rates are already at just 0.5 percent.
Elsewhere in Asia, Hong Kong’s Hang Seng index fell 8.3 percent to 12,618. Markets in India, Thailand, Indonesia and the Philippines were also down sharply as investors bailed from emerging markets to cut their exposure to risky assets and meet redemption needs at home.
“Funds are pouring out of emerging markets,” said Linus Yip, a strategist at First Shanghai Securities in Hong Kong. “A lot of money that flowed into the region during the last five years from the U.S. and Europe is being cashed out.
On top of all this, the Organization of the Petroleum Exporting Countries Friday cut its output by 1.5 million barrels a day as of next month in an effort to keep oil prices higher.
Light, sweet crude for December delivery today traded around US$64 a barrel, over 50 percent less than this year’s historic heights because the worldwide economic crisis has put a huge crimp in demand for crude.
Lower energy costs help economic growth at a difficult time, so the production cut’s effort to boost oil prices was not welcomed by stock markets.
I clipped most of the story, but it is still worth reading the whole thing.
While everyone is using the word “recession” I’m starting to wonder if that’s not being optimistic. — Now a bit of background, I ignore 95% of all economists predictions. As Zig Ziglar says, “Economists have accurately predicted 9 of the last 3 recessions.” — So I’m not an alarmist by nature. But think about it…
If the people in Europe and the U.S. pull all their money out of the emerging markets, we’ll see countries around the globe implode. I frankly, ignore the day in day out gyrations of the Dow Industrial Average. If it falls 500 in a day, that just means that it will gain 505 next week. But this strikes me as different. It’s bigger.
I think, again being a layman, that in today’s world, a depression could be a lot worse than in the past, simply because we have more to lose.
Starbucks wasn’t selling coffee on every street cover for $5 a cup in 1929. If this is as bad as they say, Starbucks is toast. – Which means the workers are toast.
In short, most of us, even “the poor” toss an exorbitant amount of money on things we could cut tomorrow. But if each of us cut our spending by just 10% that means million of people out of work. Then they cut their spending on whatever it is you sell. – And yes, you’re selling something to survive. Even if you’re a lazy sot living off the government, you’re selling your soul.
I also worry about consumer electronics and technology. That’s been driving so much of the economy for the last 20 years or so. iPhone sales are off the chart, and big flat screen TVs are still selling at a brisk rate, but will they next year? Would your calls not go through on a $20 cell phone? Could you live another year with your old TV? It just seems like a massive sector of our economy ripe for cutbacks.
None of us knows the future, but I’m pondering the possibilities … and I must confess I’m less optimistic than I was just a week ago.