What Is This World Coming To?

Obama said some of the job-seekers who may normally have gone to the financial sector would shift to other areas of the economy, such as engineering.

“Wall Street will remain a big, important part of our economy, just as it was in the ’70s and the ’80s. It just won’t be half of our economy,” he said.

“We don’t want every single college grad with mathematical aptitude to become a derivatives trader.”

For a guy whose mantra is ‘change’ he sure spends a lot of time looking backwards.  Somebody should point out to him that the defining events of the 70’s and 80’s were when Carter plunged the nation into recession by taxing income producers and when Reagan pulled the nation out by repealing them.

Part of Obama’s regulatory reforms include the creation of a new “systemic risk regulator” with broad powers to seize large non-bank financial firms, such as insurers, hedge funds or private equity companies, if they are deemed to threaten the stability of the financial system.

Some people might call this socialism.  But I think fascism is a better fit.

The Obama Press Corps (which evidently includes every mainstream media outlet except Fox News and the blogosphere) has evidently gone as far as it can go in its efforts to justify President Obama’s America-Bashing Tour.  After all,  there’s not much the President can say to bash the country that the mainstream media hasn’t said already. Read the rest of this entry »

It isn’t just the far right nut-bars that think Obama is actually targeting American wealth for destruction.  The far left nut bars think so too.

YouTube - Jim Cramer: Obama is causing the greatest destruction of wealth I have ever seen by a president.

According to the prophecies of both the Old and New Testaments, the coming global government to be headed by antichrist will be headquartered somewhere in the revived Roman Empire.  With that in mind, former Clinton advisor Dick Morris’ offers this interesting bit of perspective:

The results of the G-20 economic summit amount to nothing less than the seamless integration of the United States into the European economy. In one month of legislation and one diplomatic meeting, the United States has unilaterally abdicated all the gains for the concept of free markets won by the Reagan administration and surrendered, in toto, to the Western European model of socialism, stagnation and excessive government regulation. Sovereignty is out the window. Without a vote, we are suddenly members of the European Union. Given the dismal record of those nations at creating jobs and sustaining growth, merger with the Europeans is like a partnership with death.

Shortly after the September 11th attacks,  Barack Obama gave a radio interview in which he outlined his vision for America.  Of course, he was only a state senator and the idea that he’d ever be in a position to impose his vision on America was unimaginable — at the time.

by John Hawkins

Once you’ve watched liberals long enough to understand how they think — scratch that, how they feel — they become extraordinarily predictable.

To begin with, the liberal agenda is, in many respects, the same as it was in the thirties. Whether you call it communism, fascism, socialism, liberalism, or progressivism, the only real difference is how much they believe they can get away with, the way they sell it to people, and the latest trendy name for what they believe.

So, once the liberals pick a policy from their stale program to push, the next step is to get it implemented. This is where liberals have problems because whether a policy makes sense, is practical, or actually improves people’s lives is of secondary importance to them. What is important to liberals is whether supporting or opposing that policy makes them feel good about themselves. Read the rest of this entry »