1 Response to Obama on the Economy

1. Jules Gordon says:

   September 27, 2008 at 2:50 pm

   Your Honor,

   This is a perfect example of “B.S. Baffles Brains”

   Let’s do it by the numbers;
   1. Middle class families (a term that should be retired as it is used by demagogues to control their constituents) earn their income from the effort of people who take risks to start emteprises and provide jobs for the “middle class families”. Obama and the democratic party find they must “punish” these greedy people.

   2. The present banking crisis was born with the effort of the Clinton administration to violate good financial sense by coaxing the banking industries to issue mortgages to people who should not have been granted them. Of course the Democratic party/Obama blamed the evil, greedy, banking industry. No one identified government interference in a free market institution. billions of dollars of worthless paper was generated and now the banking/financial industry cannot meet its need to provide financing to grease the the growth of industry and consequently jobs for the “middle class”. When Obama lays all this at the feet of George Bush it is a lie. Government, including my guys and your guys, did not fix it.

   3. Obama will burden us with “free” health care, and will risk industry growth by putting punishing taxes on the risk takers. Meanwhile he plays class warfare by giving the middle class a tax cut (40% or more of this middle class pays no taxes, so I guess Obama will pander to them and send transfer payments in his social engineering experiment).

   Obama is Duval times 50 and you know what that means.

   We will have or first community organizer president. Social engineering will be expensive.

   Jules

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