Wednesday, September 17, 2008

Regulation, Taxation and Obamanation

Obama solution: more regulation and government
Speech in Golden, Colorado or Paris, France?

It was hard not to throw heavy objects at my television Tuesday morning as I listened to Barack Obama address supporters in Golden, Colorado. During a week when Democrats are attempting to utilize Wall Street woes to their advantage, Obama delivered what can only be described as a Socialist rant that used the words "regulation" and "government" more often than a European Chancellor or President.

"New regulations must ensure that all financial institutions strengthen their capital requirements and that government bodies investigate potential conflicts of interest between ratings agencies and the institutions that they rate. Regulatory agencies also must be streamlined," Obama said or should I say comrade Obama.

Your brilliant blogger has been chided in the past by well-meaning readers who believe I use the term "Socialist" too often to describe Democrats. My response to them is usually "be happy I didn't call them Communists."

There is little doubt in the American body politic that Democrats, especially Barack Obama, are Socialists. Hey guys don't hide from who you are. If you believe that more regulation and government oversight and control is the answer, say it with pride.

What makes Obama's speech more frightening is that he demonstrates a clear incompetence when it comes to Economics. Very Jimmy Carter-like if you will. I refer to Obama as a Socialist, but I get the impression that he doesn't understand Free-Market ideas compared to Socialist policies. He just sees imperfections and believes government can manage the system as well as peoples lives better than individuals can.

As they say the proof is in the pudding. Obama is calling for more regulation, when in fact under President Bush regulations increased drastically. Government as always is the problem not the solution. Hey Barack! Ever heard of the Sarbanes-Oxley act? Maybe, but I guarantee he doesn't know the first thing about it.

Obama is doing what politicians do best...react without understanding the facts and doing so in a knee-jerk manner. That is what Sarbanes-Oxley was and that is what Obama's current economic plan or should I say nightmare is.

Nobody in their right mind would deny that there is economic strife in America. High gas prices, slumping homes sales and unstable markets are legitimate reasons to be concern. However Democratic claims that this is the worst economy since the great depression can only be described as convenient in a political year. How quickly they forget their standard bearer Jimmy Carter and his double digit inflation, 21% Prime Rate and unemployment figures that make the current job market look like an employment buffet.

While I'm not very happy with John McCain's solutions to our current financial woes, at least he applies some common sense by refusing to raise taxes, increase oil drilling and believes the free-market is the ultimate answer. Besides with Steve Forbes bending his economic ear, I sleep better at night. With Obama I need to hide my money underneath my mattress so Uncle Sam doesn't steal it.

Hurricane relief or Obama fundraising
Hollywood elitists pledge for Obama, but what about Texas

I'm a firm believer that people should spend their own hard-earned money anyway they see fit. What I do have a problem with is far-left elitists who cry that people can't be counted on to help the less fortunate and when a desperate situation emerges, they are the first ones to ignore those in need, spending obscene amounts of money just to feed their ego's as well as their faces.

$28,500! That is the cost per plate to attend a Beverly Hills fundraising dinner for Barack Obama's campaign. Featuring the no-longer pleasant vocals of an aging Barbara "voice no-longer like butter" Streisand and the biggest names in Hollywood, Obama will garner approximately 9 million dollars for his campaign war chest. I'm not sure, but I do believe it may be a cash bar.

Big ticket events such as these are not as rare as some may think. However there is something to be said for timing and priorities. As Obama and Babs Hob-Knob with the intellectually inept, millions of people, victims of hurricane Ike are desperate for food, water and electricity.

Crazy idea, hear me out Hollywood liberals. Take out your check book and cross-out the name Barack Obama and write in Feed the Children. For what you're giving Obama to help his cause of turning America into France, you could provide over 200,000 pounds of desperately needed supplies for your fellow human brings.

What about supporting the emergency personnel who are working around the clock to save lives, while their loved ones sacrifice without them as they tend to a cause greater than themselves. So put away the black tie and evening gowns, put on some comfy jeans and take your nearly 30 grand and go crazy at your nearest Wal-Mart. Buy clothes, shoes, toiletries, snack food, candy, hand sanitizer and ship those truck loads to the Harris County Communications Division. c/o 911 cares in Houston. Believe it or not, it's not just about you and Barack.



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