Musings on the Week
Return to Common Sense
November 10, 2012
Economy – “Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” Ronald Reagan.
Politics – Four more years: distortion, hyperbole, exaggeration, and manufactured crises as political cover for change not needed, not wanted, not justified, and not affordable.
Politics – The biggest lesson learned from the election is that it takes a true conservative, with detailed vision and plans, to beat a true liberal in a national election.
Politics – Exit polls found 53% of voters thought the government is doing too many things better left to businesses and individuals, a figure that’s risen 10 points since the 2008 election.
Media – The MSM continues to hemorrhage readers, with political ads in the 2012 election propping them up, but I expect the MSM to begin failing, with Newsweek the first to go.
Freedom – “Freedom prospers when religion is vibrant and the rule of law under God is acknowledged.” Ronald Reagan.
Economy – Congress will fail to pass a “compromise” for the fiscal cliff of impending tax hikes and spending cuts for January 1st, handing Obama an avoidable double-dip recession.
Election – 62% of voters believed electoral fraud to be at least common, 82% favored photo id laws, and voter arrests and convictions have been an exclusive for the Democrat party.
Civil Rights – Racism exists today in the U.S., and it can be found in the African-American community that voted 93% for Barack Obama, strictly based on the color of his skin.
Debt – I expect that the country’s credit rating will again be downgraded after Congress debt ceiling discussions again fail to find sufficient spending cuts to halt deficit spending.
Deficit – I expect one or more states to declare bankruptcy and seek assistance to recover from the bad economic decisions of the past under federal judicial protection.
Housing – I expect that it will take four or more years at the current rate for the backlog of foreclosures to finally clear, before we see any signs of life of a robust housing recovery.
Freedom – “Some people wonder all their lives if they've made a difference. The Marines don't have that problem.” Ronald Reagan.
Foreign Policy – In his first term Obama squandered American reputation and power, so in his second term the question is which country will be the first to test national resolve?
Israel – I expect that Israel will be attacked by Hamas and the IDF will retaliate by invading and then annexing Gaza based on the concept of defensible borders.
Israel – I expect that Israel will suffer a nuclear attack from Islamist extremists, and Obama will talk a lot, but stand aside and refuse to help defend this longtime ally.
Asia – I expect that North Korea will attack South Korea and attempt to reunite Korea, and Obama will be “unable” to support our troops and will negotiate for a stalemate.