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
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.