Mar 30, 2009

Obama is Misleading the American People

President Obama is being extremely misleading when he states that his plans to reform healthcare, energy and education are essential in order to jumpstart our economy. This is simply not true as education, healthcare and energy have very little to do with this economic crisis. The economic crisis is centered in the financial sector and the housing market. The reason for the housing crisis, by the way, is because for years liberal in congress have been coercing banks to make loans to unqualified borrowers, because of a misguided liberal compassionate notion that everybody should own a home. It is because of this intervention in the free market that housing collapsed. Any way, back to the point.
Obama is using this economic crisis to impose his big government ideology on the American people, in a way that has no connection with the economic crisis. Now, legislating Universal healthcare may be good policy, if one believes in socialized medicine (which I do not), however, healthcare costs have nothing to do with our economic troubles. And even if they did, how would insuring another thirty or so million Americans make healthcare cheaper? It makes absolutely no sense. Like I said, it may be good compassionate policy, but it will not help our economy in the slightest.
The same can be said for education. Vastly increasing the money we spend on public education may good policy, but it will not jumpstart our economy. Perhaps in twenty years this may help our economy, but for now the President should be focused on getting our economy out of the gutter, a very difficult task, that has little to do with education. And if the President were so concerned with education he would legislate the voucher program, wherein parents choose what schools their children go to, increasing competition and quality of education.
The President has also said that an energy overhaul is needed to help our economy. Well, this may be true, but his strategy has nothing to do with making energy cheaper; in fact, his policy proposals will do the exact opposite. The President is proposing new energy taxes and cap and trade. These two initiatives have nothing to do with improving energy prices and everything to do with preventing global warming. Once again, preventing global warming may good public policy, but it has absolutely nothing to do with improving our economy! If the President were so concerned with energy prices he would advocate exploration into America’s vast oil fields off the coast of California and Florida, and in Alaska.

Mar 5, 2009

Obama Strangles Free Market

Add ImageFrom - Today stocks plunged nearly 300 points. Since Obama took office, the Dow has lost nearly 20% of its total value. Is it posAdd Imagesible that all the lofty expectations for President Obama were too unrealistic? President Obama has set aside $600 billion for universal healthcare, before any specific plans for it's implementation have been formulated. Is it wise to be pursuing such an ambitous, expensive and unproven agenda item, such as universal healthcare, in these troubling economic times? This is in addition to the $800 billion stimulus package, and the proposed $400 billion spending bill. The President is also planning tax increases for all those earning above 250 thousand per year; these people are also known as the "job creators." Does the President think that penalizing the main investors and employers in our society is going to help the economy? If he does he is in for an unpleasant surprise, as raising the income and capital gains taxes are going to discourage investments and entrepreneurial ingenuity. Furthermore, it is misleading for the President to state that taxes will only be increased for the affluent, as he is planning to cap greenhouse gasses, which will lead to higher energy prices and taxes for everyone in society. On top of that, the President is proposing to reduce the amount of money the rich can write off for charitable donations, which will undoubtedly have very negative consequences for charities, as the rich will not give as much. The over regulation and intervention of Obama's government is too overbearing for the free market to handle, and the Dow Jones is proof.

Mar 2, 2009

(As seen on The "man-made global warming leading to catastrophe" nuts were at it again in DC, Add Imageprotesting in the midst of a huge snow storm and freezing temperatures. Its as if G-d was trying to get a message across to these loons. The sad likelyhood is that none of these protesters even made the connection, as global warming hysteria has morphed into a religion, wherein reason and science cannot deter ones belief that global warming will destroy mankind. President Obama has joined the fight against the sun, and is proposing cap and trade, which would increase the costs of energy for all Americans.
From Fox News Article - Global warming activists stormed Washington Monday for what was billed as the nation's largest act of civil disobedience to fight climate change -- only to see the nation's capital virtually shut down by a major winter storm. Schools and businesses were shuttered, lawmakers cancelled numerous appearances and the city came to a virtual standstill as Washington was blasted with its heaviest snowfall of the winter. It spelled about six inches of trouble for global warming activists who had hoped to swarm the Capitol by the thousands in an effort to force the government to close the Capitol Power Plant, which heats and cools a number of government buildings, including the Supreme Court and the Capitol. The snowy scene, with temperatures in the mid-20s, was reminiscent of a day in January 2004, when Al Gore made a major address on global warming in New York -- on one of the coldest days in the city's history. Protest organizers said about 2,500 people braved the blizzard to oppose greenhouse gas emissions, but the shroud of snow wasn't the only wet blanket in the nation's capital Monday. House Speaker Nancy Pelosi, who called on the architect of the Capitol to stop burning coal at the power plant last week, cancelled her appearance at the rally because her flight to Washington was cancelled.