Nobody Is Profiting

Capitalism is now dead. I got this straight from Jim Cramer, the host of the popular show "Mad Money". Cramer, on his show, said he believes there are no stocks which can profit from Obama. This is something that I never witnessed in my life. There is always a sector which should move based upon the new President. Republicans typically favor defense so that those tend to rise after he takes office. At the same time, alternative energy companies and healthcare often jump when Democrats win the White House.

Obama is a friend of nobody other than government. He is a fan of huge government and an enemy of business. This is a man who believes that business is bad. People who succeed in the private sector are evil according to his mindset. For this reason, he is doing everything that he can to crush the private sector.

I have mentioned that, based upon his early decision, Obama will go down as the worst President in history. He is so left of center that his decisions are alienating the rest of the country. Yet, I doubt he cares very much.

Does Obama believe he is doing the right thing? I believe he does. Of course his ideology blinds him to the most basic of facts. And, just because one believes it doesnt make it so. Charles Manson believed he was doing right by mutilating another human being. It doesnt make it right.

$3.6 trillion. That is a number which is astounding. I do not care what the circumstances, there is no justification for that type of money. Obama is a madman who has no place serving as dog catcher let alone President.

And for all of you who voted for him, go look in the mirror to see what a total jackass looks like. You are the real morons of the country.

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Insanity To The Nth Degree

We always wondered what it would be like to have a madman in control of the "button". This sent fears throughout the entire cold war. Would the two leaders have cool enough heads to prevail. Well, we are back to that point.

Barack Obama is a total madman. I do not believe he is unstable when it comes to nuclear weapons. However, fiscally, this guy is a maniac. He unveiled his budget today to the nation. And it is a doozy.

Before going any further, I want to remind everyone that the largest budget under the last socialist, President Bush, was $500 billion. Keep that number in mind when you hear what Obama wants.

His budget for the next year is $3.75 trillion with a deficit running $1.75 trillion. Are you kidding me. This is outrageous. He is committing larceny as we speak. Talk about ripping off our children. (Read story here).

I wrote yesterday that Obama is proving himself to be a tax and spend liberal. This budget further proves this idea. He is going to taxes by $1 trillion to help offset his insanity.

Welcome to anarchy 2009. We are witnessing the end.

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Insane Spending

How many of you live in California or New York? Of those who do not, how many of you like your tax dollars going to bail out these states? Presently, I live in Florida and do not like the idea of any of my money going to either of those two states. My feeling is "let them suffer".

It is no secret that those two states are some of the most liberal in the country. I am amazed that a Republican could get elected governor in New York (I dont consider the governor of California to be a Republican just because there is a "R" next to his name). Their legislatures repeatedly vote for more spending in spite of gorwing deficits. California has teetered on the edge of bankruptcy for years. Now, they need Federal money to bail them out. Screw them. Go hit up all the Hollywood types. Let Schwarzenegger make another Terminator movie and give the hundreds of millions in proceeds to the state. Their debt is not my problem.

We have become bailout happy. What ever happened to personal responsibility? I guess that is a dead animal in this world. For the last few years, states spend like drunken sailors (as did the Feds) and now they are suffering because revenues are down. Sorry, but it is time they got themselves out of the hole they dug. Let them cut services that they promised along the way. It seems that no politician is willing to admit he/she cannot afford something. The government is the only entity that does that. How about massive layoffs of government personnel? If private companies can lay off thousands to ensure their solvency, why can't these states follow suit?

Perhaps you noticed the governor's solution in New York. He proposed a budget that implemented 80 new taxes (New York is already one of the highest taxed states). This is a necessary move along with spending cuts to avert a $50 billion deficit in the future. What gets me about his deal is that in spite of this, spending still increases 1+%. The idea of "we cannot afford all this" is still not registering. If you running a serious deficit, it is time to seriously cut spending. I fail to see how increasing the total budget is going to avert future disaster. It is not.

One thing about the government, they always go contrary to fundamental principles. Only a government entity could expect to reduce its deficit by still incurring more expenses. That is like you expecting to pay off your credit cards while still senseless using them. Even with a second job, if you spend more than you take in, you will fall further behind. Yet, it seems this does not apply in this situation. Once again, let some of those rich New Yorkers who support these bozos pay for their mishaps. Why should I fund them? I didn't vote for them.

Someday soon the country will wake up. Here is a 411 for you: we are broke. If the nation was a corporation, we would be in Chapter 11 at a minimum (more likely Chapter 7). The fact that the printing press is running around the clock will come back to haunt us. Inflation is going to jump up to the levels of Jimmy Carter. However, this time I do not see us pulling out of it. We are in too deep and the entitlement mentality is too ingrained. Serious pain needs to be felt by this country.

It is coming. Get ready.

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Are You Getting A Raise

What do you think your chances are of getting a raise if you were viewed as only 10% effective? If you are like me, you will agree that remaining employed would be a bonus. The idea of a raise is unheard of in those circumstances.

Or is it? There is one entity which is going to receive an extra $5000 per person annually starting Jan 1st. Can you guess who it is? Of course, it is our wonderful United States Congress; the organization which made George Bush's approval ratings look stellar. I find it amazing that 88%-90% of the American people think Congress is doing an awful job yet Congress, itself, feels entitled to a raise. You have got to be kidding me. They all should be hung just on this basis alone.

Remember this little known fact when you hear one of these talking blowholes mention how that everyone needs to sacrifice. How about them? Here is my idea: for the next 4 years, we reduce the annual pay of each member of Congress to $42,000. That savings of $100,000 per person can go directly into the Treasury to help offset the massive spending the government is doing. After all, everyone needs to sacrifice. It is time for Congress to follow suit.

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