American Meltdown – February 19, 2009
Today is a good day to visit the Drudge Report for all the latest headlines. He uses a lighted siren when a headline is particularly important and today’s the day.
TRADERS REVOLT: CNBC HOST CALLS FOR NEW ‘TEA PARTY’;
CHICAGO FLOOR MOCKS OBAMA PLAN
VIDEO: ‘The government is promoting bad behavior… do we really want to subsidize the losers’ mortgages… This is America! How many of you people want to pay for your neighbor’s mortgage? President Obama are you listening? How about we all stop paying our mortgage! It’s a moral hazard’… MORE… (DON’T MISS THIS!)
I’ve watched CNBC for many years and I’ve never seen the traders on the floor of the stock exchange actually revolt like this. NEVER EVER BEFORE! I’ve never seen the reporter crusade before on television. They’re actually saying that our founding fathers are turning over in their graves.
And that’s just a few of many. You gotta go to Drudge Report today.
I’d like to add my own uneducated, but based on common sense, opinion.
America’s economic meltdown was caused by government micro-managing the economy and our lives. The people in Washington, D.C., particularly the President, Congress and the Senate do not have degrees in economics or business administration. They are politicians. Some have law degrees. They are amateurs running the largest economy in the world on emotion and radical left-wing ideology.
When capitalism is unfettered, with just the most basic regulations required to protect us from crooks, and when Americans have full freedom to pursue happiness with life and liberty, the country flourishes.
When Americans can set goals and pursue their dreams, and the government gets out of their way, they aspire to accomplish the impossible, and often do. But government puts obstsacles and roadblocks in their paths. Then, after struggling to overcome them and finally achieving success, the government steps in, bangs successful Americans on the head for making obscene profits and gives their money to those who didn’t make the same effort, if any at all.
Obama and team are amateurs and they’re taking a bad situation and turning it into a calamity. I hesitate to call for a revolt and may not have to. People are realizing what happens when you give the country over to socialists, extremists and radicals on the far left. DISASTER. Look where we are, in only one month. Imagine four years of this. I’m thinking we should take another long hard look at Obama’s birth certificate. We need a way out of this.