Friday, March 20, 2009


I can’t write it any better than this.Terence Corcoran is an editor for the Canadian National Post and posted the following on the Financial Post yesterday. You can read the complete article by clinking on the link in blue letters

Posted: March 19, 2009, 7:38 PM by Canadian National Post Editor
Terence Corcoran,

U.S. law-making is riddled with slapdash, incompetence and gamesmanship

By Terence Corcoran

Helicopter Ben Bernanke’s Federal Reserve is dropping trillions of fresh paper dollars on the world economy, the President of the United States is cracking jokes on late night comedy shows, his energy minister is threatening a trade war over carbon emissions, his treasury secretary is dithering over a banking reform program amid rising concerns over his competence and a monumentally dysfunctional U.S. Congress is launching another public jihad against corporations and bankers.

As an aghast world — from China to Chicago and Chihuahua — watches, the circus-like U.S. political system seems to be declining into near chaos. Through it all, stock and financial markets are paralyzed. The more the policy regime does, the worse the outlook gets. The multi-ringed spectacle raises a disturbing question in many minds: Is this the end of America?

The answer, of course, is
a resounding YES if Barak Obama continues his utterly incompetent march toward socializing America.


Anonymous said...

Obama is just giddy at the thought of social change. It is no secret that those involved with community organization want to create social equality not by raising everyone higher, but by bringing down the wealthy. Many of them have a chip on their shoulder. They view wealth as evil–and this includes anyone making comfortable in the eyes of the poorest. They think by bringing down the rich, they will even the playing field so all can get ahead. The problem is, the top 3% of wealth earners provide 90% of the taxes (depending on the state/city) so by destroying them you destroy the economy. At that point everyone is equal and must rely upon the government. It’s one way to bring about social equality and change. While everyone will be provided for minimally, freedom to choose is gone and the freedom to make your self better is also removed. This is why socialism never produces great nations because it actually weakens society.
If he is not stopped and I am hoping for the best, this loser who is just so full of himself will take this nation down along with his presidency.

NewGnome said...

tos, I'm getting old enough to begin to realize that many if not most American's have been so lobotomized by the teachers and professors of our school systems, they cannot see Obama's rush to Socialize America. Even my own daughter says give him a question is to do what turn us into national socialists. NG

Anonymous said...

Taht is for sure. Now Obama wants them to start in Kindergarten?
He is definatley not fooling me like the teachers have in the schools. Did you ever see this?

NewGnome said...

tos, checked it out, interesting. Are we even going to have a country by the 2010? NG