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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: Brumar89 who wrote (294521)3/2/2009 12:14:17 AM
From: KLP  Respond to of 793966
 
ooooh boy, Rahm Emanuel will not be inviting iowahawk to the WH anytime soon.....

LOLOLOL!~



To: Brumar89 who wrote (294521)3/2/2009 10:40:55 AM
From: Peter Dierks4 Recommendations  Read Replies (2) | Respond to of 793966
 
Proof Is in the Dow
by Mark Skousen

03/02/2009

“The Obama budget is nothing less than an attempt to end the ideas of Ronald Reagan.” -- New York Times

Adam Smith, the father of free-market economics, once stated, “There is much ruin in a nation.” President Obama is out to prove it in his Newspeak program he calls “A New Era of Responsibility.” It should be called "A New Era of Irresponsibility."

And there’s no better proof than the stock market’s reaction to Obamanomics, which is big-government Keynesianism at its worst. Since Obama took office, the Dow is down a whooping 15% -- and that’s after the huge sell off in the market in 2008 by more than 30%.

And the market has continued to drop precipitously since Obama addressed Congress and announced his obscene $3.6 trillion budget for fiscal year 2010. This budget includes:

Message 25456926