Summer Recess

Congress is going home on their summer recess. Already we have seen on the news where tax revolters are challenging local political rallies of Democratic personalities. Arlen Spector got his, and the senator from Missouri got hers. The message is going out, the people do not want to pay for this crap.

Already the Democrats making the TV show rounds are speaking of a middle class tax hike. Obama is now caught between a rock and hard place. He promised no taxes on anybody making less that $250,000. Looks like they have to renege if they want their free medical care (I should not say free because you and your children will pay for it for a long long time). The money has to come from somewhere.

The people seem to be fed up. Almost a trillion dollars spent on recovery and we got nothing for it. Job loss has continued past the 9% on to 10.5%. I guess that is just a big oops by the administration. What we have is public ownership (that's called "nationalization" by the rest of the world) of two of the big three automakers, a couple of insurance companies and a lot of loans. And in the case of Chrysler, they have used up the seven of so billion dollar loan and then went bankrupt - no pay back there either. Poof, the money is gone. US owns 34% of Chrysler and 60% plus of General Motors. Only Ford had the vision to get ready for the downfall of the economy and is now capturing market share at the expense of GM and Chrysler.

I don't think they know what they are doing with the exception of marching toward socialism as fast as they can go. Fortunately the President preposes and Congress disposes. Good old checks and balances going on.

Do we have revisitation of the Clintons and their attempt to nationalize medicine? I fear this change is not for the good. Medical rationing is coming. Cap and Trade is nothing but an energy tax, it will cost the little guys an arm and leg.

Wake up, people!