President Obama, as I predicted in 2008 more than once, is behaving much like Jimmy Carter and would be a big government socialist with no new ideas other than the expansion of government at the expense of individuals and the private market.
The middle east is in the throes of change, but it is impossible to tell whether it will usher in more violence, Islamist extremism, or democracy. If I was a betting man, it would seem that the democratic possibility is, unfortunately, the least likely given the radicalism that infests the mosques, schools, and culture of the Arab world.
Obama has attacked success, prosperity, and the free market at every turn. Businesses are not hiring because there is no reason for them to take on a massive risk and cost of a new employee. Health care costs, taxes, and regulations are all on the rise. Why would any business hire in this environment?
Meanwhile, the corruption and waste of the green jobs program and stimulus is becoming more obvious by the day as Solyndra and other debacles are coming to light. The Democrats push a new stimulus package that pretends to be a "jobs bill", but is one that will only help unions and public employees which will in turn benefit the Democrats through union donations. A sick cycle of corruption and money laundering, despite it being legal (technically).
America weakens at home and abroad with skyrocketing spending, deficits, and unemployment. And what is the answer from the president? More government, more regulation, more taxes, more spending, more control of private enterprise. The central planners never really went away when the Soviet Union collapsed, they just changed their tune from "red" to "green", from "central planning" to "public investments". However, underneath the name of the game is power and control.
To get the economy moving, there must be more freedom and less burdens on business from the government. Individuals and corporations must be uninhibited in benefiting from creativity, smart risk taking, and entrpreneurialism.
The middle east is in the throes of change, but it is impossible to tell whether it will usher in more violence, Islamist extremism, or democracy. If I was a betting man, it would seem that the democratic possibility is, unfortunately, the least likely given the radicalism that infests the mosques, schools, and culture of the Arab world.
Obama has attacked success, prosperity, and the free market at every turn. Businesses are not hiring because there is no reason for them to take on a massive risk and cost of a new employee. Health care costs, taxes, and regulations are all on the rise. Why would any business hire in this environment?
Meanwhile, the corruption and waste of the green jobs program and stimulus is becoming more obvious by the day as Solyndra and other debacles are coming to light. The Democrats push a new stimulus package that pretends to be a "jobs bill", but is one that will only help unions and public employees which will in turn benefit the Democrats through union donations. A sick cycle of corruption and money laundering, despite it being legal (technically).
America weakens at home and abroad with skyrocketing spending, deficits, and unemployment. And what is the answer from the president? More government, more regulation, more taxes, more spending, more control of private enterprise. The central planners never really went away when the Soviet Union collapsed, they just changed their tune from "red" to "green", from "central planning" to "public investments". However, underneath the name of the game is power and control.
To get the economy moving, there must be more freedom and less burdens on business from the government. Individuals and corporations must be uninhibited in benefiting from creativity, smart risk taking, and entrpreneurialism.
The protests on Wall Street are aimed at precisely the wrong people. It is Fannie Mae, Freddie Mac, Barney Frank, Chris Dodd, Congress, and the White House that are to blame for the mess that we are in. Republicans and Democrats have allowed government to expand too fast for too long. The tide must be reversed or the result will be irreversible: decline and failure.
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