- BitsBlog - https://bitsblog.com -

Breakfast Scramble

DavidL's Breakfast ScrambleAs Yogi Berra would say:  When you come to a fork in the road, you take it.   Well President elect BO has come to a fork in the road.

Obama campaigned on a promise to redistribute the wealth.  Obama campaign promises amount to a war on investment.   Well now the markets are melting down, and Obama professes an urgent need to address the problem.

Obama needs people to invest in Wall Street.   Yet sane people won’t put their money in Wall Street if Obama remains committed to taking their money away.   Why put your money at risk, if the Obama administration is committed to taking away any profits you might earn.

Obama campaigned on redistribution, and now his sees the need to restore confidence on Wall Street.   This is the fork for Obama.   He can either travel down the Fairness Highway, redistribution, or he can travel the road to  creating investor confidence and rebuilding our economy.   Obama can one or the other.  He can not do both.

Obama is a committed Marxist and the only product Marxist economies have ever been able to generate in surplus is near universal grind poverty.   See the former Soviet Union.   See Cuba.

During the administration of Bush 43, the democrats liked to say that dissent was patriotic.   Well it is time for brave democrats in both  the media and Congress to stand-up to the One and tell the Messiah he is wrong.    The investor class is not the nation’s enemy.   They are our essential partners.    We can not kill the investor class without killing our own economy.   Democrats stand up to Obama.    The country you save is ours.

Mrs.  Clinton, I mean you.    As Wall Street melts down, so does the New York State economy.   You claim to represent New York.   Do so now.