Excerpts from Dick Morris's column. He truly nails it folks! This is exactly what we have been talking about for months! Get on board the ConservativeXpress!
In implementing his agenda, Obama will emulate the example of Franklin D. Roosevelt (not the liberal mythology of the New Deal, but the actuality of what it accomplished).
Obama's record will be similar, although less wise and more destructive. He will begin by passing every program for which liberals have lusted for decades, from alternative energy sources to school renovations to infrastructure repairs to technology enhancements.
These are all good programs, but they normally would be stretched out for years. Freed of any constraint on the deficit -- indeed empowered by a mandate to raise it as high as possible -- Obama will do them all rather quickly.
Obama will follow the opposite of the Reagan strategy. Reagan cut taxes and increased the deficit so that liberals could not increase spending. Obama will raise spending and increase the deficit so that conservatives cannot cut taxes. And when the economy is restored, he will raise taxes with impunity since the only people who would have to pay them would be rich Republicans.
In the name of stabilizing the banking system, Obama will nationalize it. Using TARP funds to write generous checks to needy financial institutions, his administration will demand preferred stock in exchange. Preferred stock gets dividends before common stockholders do. With the massive debt these companies will owe to the government, they will only be able to afford dividends for preferred stockholders -- the government, not private investors. So who will buy common stock? And the government will demand that its bills be paid before any profits that might materialize are reinvested in the financial institution. So how will the value of the stocks ever grow? Devoid of private investors, these institutions will fall ever more under government control.
And Obama will move to change permanently the partisan balance in America. He will move quickly to legalize all those who have been in America for five years, albeit illegally, and to smooth their paths to citizenship and voting.
And he will enact the check-off card system for determining labor union representation, repealing the secret ballot in union elections.
Finally, he will use the expansive powers of the Federal Communications Commission to impose "local" control and ownership of radio stations and to impose the "fairness doctrine" on talk radio. The effect will be to drive talk radio to the Internet, fundamentally change its economics and retard its growth for years hence.
But none of these changes will cure the depression. It will end when the private sector works through the high debt levels that triggered the collapse in the first place. And then, the large stimulus package deficits will likely lead to rapid inflation, probably necessitating a second recession to cure it.
So Obama's name will be mud by 2012 and probably by 2010, as well. And the Republican Party will make big gains and regain much of its lost power. But it will be too late to reverse the socialism of much of the economy, the demographic change in the electorate, the rationing of health care by the government, the surge of unionization and the crippling of talk radio.
Do not let this happen, America! Write your Senator andCongressmen! Write
President Obama! His socialist agend will not work, yet his efforts will cost us
trillions of dollars in debt to our kids and grandkids!
Wake up! It is a horrible plan! Wake up from the Obamamania haze and see
what is truly going on!
From Michelle Malkin:
The CBO analysis showed that "less than half of the $30 billion in highway construction funds detailed by House Democrats would be released into the economy over the next four years" and "less than $4 billion in highway construction money would reach the economy by September 2010," according to the Associated Press. And those are generous time estimates given the reality of molasses-slow bidding and contracting processes -- bogged down by the usual weight of political wrangling, racial bean-counting and assorted union grievance-mongering.
Just $26 billion out of the $274 billion set aside in the package would reach the economy by the end of the year, the CBO found. That's a mere 7 percent. Moreover, the AP summed up: "Just one in seven dollars of a huge $18.5 billion investment in energy efficiency and renewable energy programs would be spent within a year and a half."
Even
The Compost agreed:
A report by the Congressional Budget Office found that only about $136 billion of the $355 billion that House leaders want to allocate to infrastructure and other so-called discretionary programs would be spent by Oct. 1, 2010.
The honeymoon is over, now let's get real. Suck it up, folks! Bail yourself out! Government never has been and never will be The Answer!
The Chosen One is a fraud!
