Musings

Return to Common Sense

July 24, 2010

· Politics – “Politics is the art of looking for trouble, finding it, misdiagnosing it, and then misapplying the wrong remedies.” Groucho Marx.

· Politics – The Obama administration boasts the most advanced degrees and the least pragmatic experience of any in our country’s history.

· Politics – The people in this country are numb to the changes inflicted upon them by this administration, especially since it will take years to completely undo the damage done.

· Politics – I expect Republicans to unveil in August a commitment to the Contract From America for use as a litmus test for ongoing support and a blueprint for action.

· Politics – I expect the December lame duck Congressional session to be used to pass unsupportable leftist legislation by angry, partisan outgoing members.

· Politics – I expect the November elections to show that mainstream American is “sick and tired of big government and doesn’t want to take it anymore!”

· Jobs – “Government does not create wealth. The major role for the government is to create an environment where people take risks to expand the job rate in the United States.” George W. Bush.

· Budget – The Depression era Keynesian policies have been embraced and the annual deficits under the Republicans became the monthly deficits under the Democrats.

· Budget – State law requires that each state balance their budgets each year, but the federal government can no longer afford to cover for out of control state spending.

· Deficit – Until someone figures out how to reform the underfunded Medicare, Medicaid, and Social Security programs this country is doomed to bankruptcy in the next decade.

· Finance – In 2,500 pages of a Financial Services Reform bill, Congress was unable to reform the biggest root cause of the recession, Fannie Mae and Freddie Mac.

· Finance – The “Financial Services Reform” should be the second target after “Health Care Reform” for the “Repeal, Reform, Replace” theme by the incoming Republican majority.

· Oil Spill – No break, Barry… even if the well is finally capped, your job will continue for years overseeing the cleanup across the Gulf states… can you say Gulf incompetence?

· Jobs – It is a known fact that extending benefits raises unemployment durations which could only mean Obama is trying to exceed FDR’s Depression unemployment records.

· Jobs – I expect unemployment to remain close to 10% until at least 2012, or until government out-of-control spending is finally harnessed, whichever comes first.

· Economy – Since the economy is propped up with short term “stimulus” spending, I expect a double dip recession will appear when the Bush tax cuts expire at yearend.

· Homeland Security – I expect that Islamist extremists, emboldened by Obama’s appeasement attempts, will unleash a major terrorist attack on the U.S. by 2012.

· Foreign Policy – “The purpose of foreign policy is not to provide an outlet for our own sentiments of hope or indignation; it is to shape real events in a real world.”” John F. Kennedy.

· Defense – Obama views the military as a discretionary budget expense that can be cut as a potential source of funds to use on his unfunded social transformation.

· Middle East – I expect that Israel will suffer a nuclear attack from Islamist extremists by 2012, and Obama will not help defend this ally.

· Asia – I expect that North Korea will attack South Korea and attempt to reunite Korea by the 2012, and Obama will be an unwitting accomplice.