It has now been 100 days and the DOW hovers just over 8000. Layoffs continue. President Obama’s stated budget will dwarf all deficits ever recorded. There is no hope in stopping in in Congress and they are likley to add more of their own projects to it. At that is just the downpayment as we move to insuring everyone on the taxpayers dime. Community activist groups have already been paid off. Unions will be paid off for their support and the secret ballot will be removed. Banks continue to be managed from Washington Politicians. GM has spend 13+Billion in taxpayers money (those same taxpeyers that did not want to buy their cars… retribution) and is still likely to go bankrupt. Chysler is likley to fail. The government (the taxpayers) will be covering the health care of the unions, the warantees and possibly the loans and through government control. Corporations are under attack via proposed tax rate increases and sneek attacks through CAP and Trade.
Where has this country gone? Sadly, I am glad Ronald Reagan is not around to see this. I continue to search for other ways outside this blog to make a difference. Venting provides some relief.
