On the Brink: Evolution or Revolution?

February 28, 2009


T’aint no question anymore. As a culture, we have changed, just as Obama promised. While former Pres. Bush left us with a $1.75 trillion deficit for year 2009, President Obama has just jacked that up via his $3.5 trillion (not to mention another $1.1 trillion just for fun) budget proposal for 2010.

But that’s just the genteel, politically-correct, partial total; we’re actually in hock to the tune of some $53 trillion when Medicare, Medicaid, Social Security, and the like are tossed into the pot. If we had been teetering on the edge before, clearly we are now plunging down a very slippery slope.

Where Bush spent the money keeping us alive, freeing 50 million people, and hunting down 500 tons of uranium yellow cake, Obama plans on cutting the military budget, walking away from Iraq, and insisting that the surge never even worked.

But we’re getting sidetracked. Yes, the Bush TARP plan was a dumb idea, as is Obama’s position on the surge. Fine. Unfortunately, the Obama/Pelosi/Reid axis have decided that we as a country will soon be evolving into full socialist mode.

Whether we like it or not, we are speeding downhill on an icy road in the dark with the headlights off. It’s a hell of a ride. And we may arrive whole in our evolved socialist state, changed as a country, but relatively unscathed (if we’re very lucky). However, if the car careens off the road, there will be an almighty crash, the likes of which has not been seen since 1776. Evolution, or revolution… who knows?

How are those Tea Parties doing, anyway?

Alan Speakman


Bailout Explodes! $9.7 TRILLION

February 9, 2009

 

Ummm… Errr… Was just watching Fox News. They’re reporting from Bloomberg that this bailout is going to rocket to $9.7 trillion.

The stimulus package the U.S. Congress is completing would raise the government’s commitment to solving the financial crisis to $9.7 trillion, enough to pay off more than 90 percent of the nation’s home mortgages.

What happened to $800 billion ($0.8 trillion?)

I’m at a loss for words. More later.

Alan Speakman