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People are Stupid about the Economy

 There's no other way to say it. As a student of economics, it amazes me how the news media believes this. Never mind the fact that George Bush inherited an economy already on its way to a slowdown. After lowering interest rates and lowering taxes, the economy boomed for 6 years. Then Democrats took over the house and the senate and "bang", things started going south to the point where we stand today. But do people remember this? I'm not sure which is why I think they are stupid about the economy.
 
And what does the media choose to report? A statement from Nancy Pelosi, "This crisis just shows the result of George Bush's failed policies..." I think they have this on taped loop. She uses this phrase for just about anything bad that happens. Stupid. Typical politics where one side blames the other. And the media gives them a pass.
 
Rush Limbaugh says that people's historical perspective begins when they were born; in other words, people compare what is happening now to past events in their lifetime which often leads to quotes like, "the worst it has ever been." Never mind the fact that the people who are saying it never lived through the Great Depression.
 
The economy is breathing. It exhaled earlier this week and inhaled later in the week to end on an up note. Man, are newscasters depressed. They want blood! At least until after the election.
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Democrats are telling us exactly who they are...

Democrats are showing everyone what is in store if they win the whitehouse, and gain seats in the senate and house. Look at the last 2 years. Let's start with this month. Postal rate increases. This is almost unheard of in an election year. Usually, the party in power is too timid to show who they really are by raising postage rates (another form of taxation) when there is such an important election coming up... particularly when they just raised the rates not that long ago.
 
And let's look at gas prices. While they haul oil executives up to Capitol Hill to testify as to why energy is so expensive, today the oil companies hit back saying essentially that it is congress's policies that are causing the problem, not the oil companies! HOW TRUE! While everyone finds comfort in blaming big oil for price gouging, if everyone's business was as regulated as the oil industry, we would have an all out revolution.
 
Democratics have had the majorities in both the house and senate where all the legislation starts, and look at the mess our economy is in. Do we hear this from the press? NO! They are LIARS! Ever since Democrats won in 2004, the economy has gone south. During the first 6 years of the Bush tax cuts, the economy has gone gangbusters. It doesn't take a genius to see that conservative approaches to taxation works, and liberal policies don't.
 
So imagine if Obama or Clinton win the white house in 2008 and more Democrats are swept into power in both the House and Senate, we are going to be in big trouble. They are promising to raise taxes. Obama has suggested increasing the capital gains taxes. Who does he think creates the jobs in this country? It's the people who earn capital gains! And if they can't use those gains to purchase new equipment, open new businesses and hire employees, who is going to? Oh, I forgot. They will go into the new national health care industry! We are screwed!
 
Even if McCain can somehow pull out a win, he's as liberal as the day is long. How many Democrats have you talked to who have said they wouldn't mind a McCain presidency? I have talked to quite a few... those who will NOT vote for Senator Clinton no matter what. McCain has bought into the man-made global warming agenda... the same one that won't let us drill for oil. Can you say $10 a gallon for gas?
 
Someone out there has to have the figures. I am told we now import most of our oil from Canada. Is this oil that they produce or are they buying from somewhere else and then reselling to us? The good news is that oil futures can only go so high. The market will soon reach a price that can no longer be sustained. So all these speculators are going to go bust. Will they ask for government subsidies like the idiots who bought houses on speculation? Seems to me everyone is turning to the government who is only too happy to step in and solve just about any problem that comes along... whether it's their business or not.
 
Remember, what we have gotten from Nancy Pelosi and her gang for the past 2 years will only get worse once Democrats get more power. Count on it. And you can say you heard it here FIRST! Because you sure as hell won't hear it on the news.
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A word about inequality

Rush Limbaugh was brilliant on his Wednesday, February 27th third hour when he did his monologue on "inequality". So much so that it gave me other thoughts that might be relevant to the conversation.
 
Rush pointed out that the only place where equality exisits is in third world countries where everyone is equally poor and equally miserable. These are the people the liberal bleeding hearts run over to try and help with drilling wells for water, providing medical care and food, education and so on. Have the picture of those people in your mind?
 
Now tell me what they stand for. Taking our economy where people are trying to improve their situations (and can, for the most part) down to where everyone is equal. In other words, the capitalist success they have achieved is exactly what has enabled them to go to places like Africa to help the poor... yet they oppose that same system. Ironic, is it not? Look at Oprah. She succeeded because of her unique talents and ability to work the system into the empire she now enjoys. She can go to Africa and do great things. She is sponsoring a great giveaway show. So who does she support politically? Obama who would take every opportunity away from the rest of us to achieve what Oprah has achieved with his socialist policies! Ironic, is it not?
 
Once again, liberals think that if just the right people run the socialist state, this time it will work. Well, that's what Castro thought, that's what Hitler thought, that's what Stalin thought, and so on. Think about THAT!
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