novatownhall blog

When I read this, I thought “You have got to be kidding me”. Either this guys is pure stupid, is dangerous beyond belief, or just doesn’t read what his speeches say prior to giving them (which implies incompetent, but we already knew that). The part that is most salient is:

“Like it or not, we have to have a financial system that is healthy and functioning,”

So our president thinks that we might not like having a financial system that is healthy and functioning. The connotation of the phrase “like it or not” is that even though the thing being spoken of is negative, wrong or evil, it is necessary. So our president believes a healthy and functioning financial system is not a good thing. 2012 can’t come quickly enough.

Obama supporters, are you embarrassed by him yet? I’m beyond embarrassed at this point, and I didn’t even vote for him (though he is an embarrassment to every American). I’d suggest he ought to resign, but that would put the worst succession of power chain up that anyone could imagine (Biden … yuck, Palosi … even worse). At least Obama is incapable of getting things done … the damage will be limited while he is in office.

CNN reports Obama is more popular than his policies, and this is understandable since his policies are generally not understood. When that latter issue is cleared up, President Obama personally will be as beloved as cancer.

And just for the record, the various media polls celebrating President Obama’s approval ratings have the ring of hokum to me, like the media outlets – now seeing how the golden boy they touted is turning out to be a bona fide lightweight – need to quickly cover their asses by ginning up false approval numbers: “YOU approve of the president in record numbers. Really, you do.”

But leaving my suspicions aside, here is an irrefutable fact: The policies that some people are getting worked up over, leading to all sorts of public consternation including the Tea Party phenomena, are policies most Americans have no reason to distrust.

Yet.

The reason is simple. No American under 50 years old, who has been living in the country the past 30 years, has personally experienced the effects of major federal tax increases or inflation. We just have not had to deal with it. What the Tea Partyers and some others are saying is, you can’t do what Obama is doing WITHOUT ending up with both huge taxes and inflation, most likely by next year. But they have foresight, and as demonstrated by Tom Tancredo picking up 1 percent of the vote in 2008, Americans as a rule are not big on foresight.

I hear the first federal tax increases – on tobacco – have already kicked in. That is just the leading crest of the wave, which will probably crash all over us in approximately 9 months when Americans begin revving up TurboTax to do their 2009 taxes and the “downloading updates” process gets the new “Confiscator” plugin. Maybe around the same time, maybe later, but definitely coming, is the $8 loaf of white bread as a result of all the money we are printing. Then, for the first time in over a generation, Americans will understand.