ECONOMY:
Obama suddenly acknowledges that the US is facing a potential (there's nothing potential about it) secondary recession. He even acknowledges one of the reasons for that happening is government debt. So now we know that Obama knows that government debt harms the economy, but he's driving us into debt as fast as he can without pushing the people to burn down the White House. Put this down in the Obama is evil category. I like how he blames the potential recession on confidence instead of the tangible and well understood effects of taking money from people by force and spending it on politically motivated causes instead of allowing the people to spend or save their own money to fit their own needs. Look for Obama to make a token show of cutting spending while continuing to amass by far the greatest debt in human history.
HEALTH CARE:
CBO says the Senate health care oppression bill will cost $849 billion and cut the deficit by $127 billion over 10 years. There's no doubt those numbers are bogus. Now that Reid's finally unveiled the bill, I'm looking forward to seeing what accounting tricks they used and what is off budget and therefore not scored by the CBO in this bill.
MISC:
Learning that US Navy submariners sleep on duty should remind us all that there are no perfect people out there. We're all human. We're all fallible. The more power we concentrate in the hands of a few fallible humans, the more we pay for their mistakes.
Wednesday, November 18, 2009
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