Our new President
First, before I begin the criticism, which may not be allowed under the new administration, I say congratulations to President elect Barack Obama, and I wish him well. It is truly an historic event, the first black president.
I guess we still haven't learned. The examples of the old Soviet Union, Chairman Mao, Pol pot, Kim Jung Il or Fidel Castro taught us nothing. The voters elected a socialist. Which is problematic in that it has never worked anywhere it's ever been tried. Taking money from the productive and giving it to the unproductive is, on it's face, illogical.
These are my predictions:
1. Under the Obama administration he will try to make things "fair" by taxing those making over 150,00 a year and sending checks to those who pay no federal income tax at all. I know he said 250,000 dollars a year but that of course was a lie.
2. He will attempt to silence the opposition by reenacting the fairness doctrine. An Federal Communications Commission regulation that was enacted in 1949 and abolished in 1987. Needless to say it's not relevant today. But it could be an effective tool in killing conservative AM talk radio. Which is why they will try to do it.
3. You folks in the middle class expecting a tax cut, you won't see a dime.
4. His energy policy will see the cost of all the fuels we use increase. Let's take coal for instance, here's what President elect Obama said. "I was the first to call for a 100% auction on the cap and trade system, which means that every unit of carbon or greenhouse gases emitted would be charged to the polluter. That will create a market in which whatever technologies are out there that are being presented, whatever power plants that are being built, that they would have to meet the rigors of that market and the ratcheted down caps that are being placed, imposed every year. So if somebody wants to build a coal-powered plant, they can; it’s just that it will bankrupt them because they’re going to be charged a huge sum for all that greenhouse gas that’s being emitted." Where I live, we get our electricity from coal. Thanks Barack.
5. If he is successful in pulling all troops out of the middle east, it will be seen by Islamic fundamentalist terrorists as a victory and they will bring the fight to our country. So we have that to look forward to.
6. Unemployment will go up. His tax plan will force small businesses to pay more in taxes and that will likely result in people losing their jobs. I see an unemployment jump of at least 2 percentage points if he gets the tax plan he promised.
All of this I believe will happen, I really really want to be wrong about this but I don't think I am. It's Jimmy Carter all over again. But what I'm really concerned about is that he will do to the country and the constitution what was done with the flag at the Democratic convention.
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