Tuesday, October 28, 2008

Obama and Biden's Shameless Class Warfare and Destructive Economic Policies

Please check out this article by Jack Kemp and Peter Ferrara on how Obamanomics will inevitably batter the American economy and the markets. Keep in mind that the damage has already begun given the seemingly certain prospect of an Obama victory along with massive democratic majorities in Congress. Investors have been fleeing from the markets in light of the financial crisis yet an "Obama effect" is clear as investors are smart enough to know that an Obama Administration is not their friend. Of course Obama's Robin Hood schemes will make everyone poorer in the long run while destroying any hopes of retaining America's competitiveness in the international market. This article is simple, straight forward, and compelling. Check it out! http://ibdeditorials.com/IBDArticles.aspx?id=309998514066924

And my offer of a cookie is still out there for any Obama supporter who can convince me that raising income taxes, corporate taxes, capital gains taxes, dividend taxes, the death tax (the pigs tax you while you make it, then take another chunk of it when you die), and decreasing free trade will help our economy in a time of market uncertainty. Forget a cookie, how about a dinner for two at the fucking Union Square Cafe? Well I'm not worried because as much as I enjoy the company of libs, I fail to understand their voodoonomics. The best answer I've heard so far is that an Obama presidency will somehow magically restore Americans' faith in themselves, which would somehow translate into increased economic output, the so-called "Messiah effect." Well personally speaking, my faith in myself would be a lot greater if I was working for myself more of the time and not for the IRS (high income earners under Obamanomics will be working for the IRS about two-thirds of the year while the other 4 months they actually get to keep what they earn). You want CHANGE? WELCOME TO AMERICA THE GREAT 21ST CENTURY WELFARE STATE!

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