Showing posts with label disaster. Show all posts
Showing posts with label disaster. Show all posts

Sunday, August 23, 2009

US:Obama quadrupling of deficit is Crazonomics- a recipe for disaster

In President Obama's first year in office the deficit is expected to reach $1.75 trillion. In President Bush's last year in office, 2008, the deficit reached $459 billion. So Obama is quadrupling the deficit. This is voodoo economics at its best. Oh certainly Obama has bought change to America but it is change for the worse.

In addition he is endeavouring to introduce a healthcare plan, which is financially unsustainable. Meanwhile inflation is set to take off. Taxation must rise to fund this Crazonomics. China has begun to question the size of the deficit and is no longer prepared to sign a blank cheque.
America may have a slight upturn but the long-term prognosis for the US economy is frightening unless the deficit is tackled immediately. Being master of the teleprompter is no substitute for economic expertise.

America has the worst of all worlds now. A big spending-economically illiterate Democratic President and big spending Democrat controlled Congress, which is addicted to pork barrel spending.

Thankfully the Republican Party has begun to learn the lesson that there is no such thing as a free lunch and is now preaching fiscal rectitude. It has begun to go back to basics.
Once Obama passes the 24 month period in office he will be in the run in to the 2012 presidential election. It is safe to argue that if he fails to tackle the deficit within the next 12 months, nothing will be done in 2011 and 2012. Of course foreign lenders may force his hand and refuse to fund the deficit. Then the US economy will bomb.

Thursday, August 14, 2008

John McCain faces political oblivion if he chooses a pro-abortion running mate

If McCain chooses a pro-abortion running mate he can kiss goodbye to the presidency.

He has been cautiously testing the waters in relation to the choice of a running mate. There have been subtle hints in relation to pro aborts such as Tom Ridge. He had better jettison any possibility of a pro abort running mate very quickly. Otherwise he is a political dead man walking. There is the simplistic belief that Ridge would guarantee victory in Pennsylvania. This is only half the story. Nine or ten states would fall to Obama because of mass defections from the GOP.

Millions of Republicans who are pro lifers will just walk. Protection of the unborn is a core principle for most Catholics, Evangelicals and other Christians who support the Republican Party. The party will be torn asunder. The GOP is the pro-life party at present. If a pro abort running mate is chosen this is no longer the case. Pro-lifers must then look for an alternative.

McCain has excellent choices available such as Sarah Palin Governor of Alaska, Tim Pawlenty of Minnesota amongst others. Sarah Palin would be an imaginative choice as she is a fiscal conservative, highly efficient and would reach out to female voters.

You have been warned Mr McCain. Heed it or face political oblivion. Just remember Ross Perot. He secured 19,741,065 votes in 1992 and cost the GOP the presidency.
Really one would have to fear for McCain's sanity if he chooses a pro-abortion running mate.