Can we please get this guy off the stage before my IRA is completely worthless? We had a break from him yesterday and the markets rose and then he goes on national television last night re-emphasizing how he was going to tax and spend and in 30 minutes the market is down 130 points. The market has fallen over 2,000 points since he was elected.
President Obama insists that we need to squeeze more out of the productive people in this country, after all they became rich by creating wealth, jobs, companies, innovations, etc. Obama’s idea of a “good” tax cut is $8 a week for 95% of Americans. $8 a week will buy exactly what? It won’t by the RVs that the people in Elkhart, Indiana make where Obama made one of his pitches for the stimulus package.
Nancy Pelosi looked like a grinning jack-in-the-box last night popping up with every other sentence to applaud the President’s speech. I don’t know about you, but to me that’s a dead giveaway, we’re in trouble. After loading up the stimulus bill with pork and ramming it through before anyone could read it (but President Obama didn’t see the urgency to sign it for four more days), you can see she is thrilled to have the opportunity to offer up more spending. The new spending bill that is about to be released is reported to include 9,000 EARMARKS!!! Haven’t we spent enough? This is beyond out of control. Nancy Pelosi cannot control her glee at how easily she is putting this all past the American people.
But the bill will be coming due, and it won’t be Nancy Pelosi who pays it. It will be you and me, and she will laugh all the way to her retirement with her millions.
