TightyRighty.net

Hey Rush,

You are right on, dude!!  As much as I would love to see the economy humming and the Dow back at 14,000, if it comes at the expense of the US becoming a Euro-style socialist nanny state, COUNT ME OUT!  I hope the policies put forth by our President fail and fail miserably!

A couple of my (least) favorites to point out:

What happened to “no one who makes less than $250,000 per year will have their taxes raised”?  It now appears that two earner couples who cross this threshhold together will see tax increases.  I guess that when you file a joint return you have cleaved together and become one.

What has been the biggest financial boon to the middle class in the last 6 months?  Clearly the decline in oil prices and the drop in gas from $4 to less than $2.  Do you know the President’s budget eliminates certain incentives for oil exploration and drilling?  It may not be a tax but it will hurt just as bad when oil prices go back up because of this short sighted policy.

On all the college campuses we have visited lately, nary a building we have entered was not named for some one.  Undoubtedly, for a signifcant contributor to the school.  These universities and most charitable organizations are dependent on contributions and frankly, it is much more efficient to obtain few large donations from wealthy benefactors than many small donations.  So why does our President want to make it less attractive for the wealthy folks to make these contributions?  I guess he would prefer those wealthy folks be more patriotic by paying more taxes.

What about health care?  You think that waiting in line to renew your driver license sucks, try waiting in line for treatment when you are in pain.  Bummer!!  No wonder sick Canadians come to the US for treatment and a key part of executive compensation in the UK is private health insurance.

I could go on but I think you get my drift. 

Candidate Obama said he was going to “transform America”.  Millions were so blinded by his message of “hope and change” they didn’t look at his far left voting record or consider his lack of experience running ANYTHING. Now we have what we voted for – a socialist who doesn’t have the experience or skills to address the problems we face as a country.  It appears all he know how to do is throw trillions of dollars at the problem and see what sticks.

Unfortunatley for our 401K plans, the market is not buying it.  The stock market represents a leading indicator of what is going to happen financially.  Based on the nearly 3,000 points the market has lost since “the one” was elected, there is little faith in his ability to turn this around. 

Let’s hope and pray that our elected representatives, both republicans and blue dog democrats, have the spine to turn down these egregious spending plans.  Let’s also hope our economy is much more resilient than President Obama believes (otherwise, why would he throw trillions at it?) and the economy improves in spite of his policies.