The Wall Street Journal is getting on board in the fight for our nation's sovereignty and the good of this world's humanity.
Sound like hype or hyperbole on my part to you?
Better listen up... and quick...
By MICHAEL J. BOSKIN
Wall Street Journal
It's hard not to see the continued sell-off on Wall Street and the growing fear on Main Street as a product, at least in part, of the realization that our new president's policies are designed to radically re-engineer the market-based U.S. economy, not just mitigate the recession and financial crisis.
The illusion that Barack Obama will lead from the economic center has quickly come to an end. Instead of combining the best policies of past Democratic presidents -- John Kennedy on taxes, Bill Clinton on welfare reform and a balanced budget, for instance -- President Obama is returning to Jimmy Carter's higher taxes and Mr. Clinton's draconian defense drawdown.
Mr. Obama's $3.6 trillion budget blueprint, by his own admission, redefines the role of government in our economy and society. The budget more than doubles the national debt held by the public, adding more to the debt than all previous presidents -- from George Washington to George W. Bush -- combined. It reduces defense spending to a level not sustained since the dangerous days before World War II, while increasing nondefense spending (relative to GDP) to the highest level in U.S. history. And it would raise taxes to historically high levels (again, relative to GDP). And all of this before addressing the impending explosion in Social Security and Medicare costs...
Can you remember the day when the Wall Street Journal was the trusted commentator on the economic issues in our country? Now the government wants us to believe that government should be not only the trusted commentator, but also the undisputed regulator of business.
This is a direct abuse of power on the part of our government.
For government to control business is an abuse of power.
For government to control health care is an abuse of power.
For government to control the family is an abuse of power.
Mark these words... then go read the entire article and learn.
Our only hope is a citizenry that decides to become quick learners instead of sheep being led to... guess where?
Don't miss this point from the WSJ article...
Please contemplate the reality of that statement... please...
xtnyoda, shalomed
Sound like hype or hyperbole on my part to you?
Better listen up... and quick...
By MICHAEL J. BOSKIN
Wall Street Journal
It's hard not to see the continued sell-off on Wall Street and the growing fear on Main Street as a product, at least in part, of the realization that our new president's policies are designed to radically re-engineer the market-based U.S. economy, not just mitigate the recession and financial crisis.
The illusion that Barack Obama will lead from the economic center has quickly come to an end. Instead of combining the best policies of past Democratic presidents -- John Kennedy on taxes, Bill Clinton on welfare reform and a balanced budget, for instance -- President Obama is returning to Jimmy Carter's higher taxes and Mr. Clinton's draconian defense drawdown.
Mr. Obama's $3.6 trillion budget blueprint, by his own admission, redefines the role of government in our economy and society. The budget more than doubles the national debt held by the public, adding more to the debt than all previous presidents -- from George Washington to George W. Bush -- combined. It reduces defense spending to a level not sustained since the dangerous days before World War II, while increasing nondefense spending (relative to GDP) to the highest level in U.S. history. And it would raise taxes to historically high levels (again, relative to GDP). And all of this before addressing the impending explosion in Social Security and Medicare costs...
Can you remember the day when the Wall Street Journal was the trusted commentator on the economic issues in our country? Now the government wants us to believe that government should be not only the trusted commentator, but also the undisputed regulator of business.
This is a direct abuse of power on the part of our government.
For government to control business is an abuse of power.
For government to control health care is an abuse of power.
For government to control the family is an abuse of power.
Mark these words... then go read the entire article and learn.
Our only hope is a citizenry that decides to become quick learners instead of sheep being led to... guess where?
Don't miss this point from the WSJ article...
The budget more than doubles the national debt held by the public, adding more to the debt than all previous presidents -- from George Washington to George W. Bush -- combined.
Please contemplate the reality of that statement... please...
xtnyoda, shalomed
1 Comments:
Lord please help our leaders, we need You now!
Post a Comment
<< Home