Democrats begin showing their hand, or history repeats itself!

It amazes me that Democrats are so confident that they are going to gain the White House and a super-majority Democratic Congress (SMDC) that they are already talking about huge tax hikes on the very rich ($100,000 or more), and forget deficit spending.

WOW! they are not even waiting for the election to be completed, they are coming out with these statements before the voting even begins! Unbelievable.

Congressman Barney Frank (D,MA) has come out and stated "frankly" that he believes that we should forget about deficit fear, and that there are a lot of "very rich people" that we can tax to recover some of this money. They can't even wait until the election puts them in power. They are already showing their hands.

I told you this was going to happen, and if/when the BHO and SMDC are elected in Nov, these spending increases are going to explode and taxes are going to go up in sync.

What will this do to the weak economy already on the ropes? It will do the same thing that FDR did in 1932 when he took over from Herbert Hoover in a stunning turn of events that almost parallel the 2004 to 2008 elections. In 1928, Herbert Hoover won over 444 electoral votes as the "good times rolled" with all but 8 states going Red. Four years later after the financial crisis of 1929-1930, FDR won over 472 electoral votes with all but 6 states going blue. The beginning of the Great Depression was 1933, not 1929 that most people believe it was the stock market crash that caused the GD. Sorry, the stock market has already come back over 60% by the end of 1930; it was the policies of FDR that started and elongated the Great Depression (do your homework).

History is likely to repeat itself in 2008 with BHO winning a huge electoral vote margin and bringing with him a SMDC that will enact this large spending and tax increases. This will do the same thing that FDR did in 1932.

Stand by for a repeating history slide into a much deeper depression as Rep. Frank and Speaker Pelosi get their hands on your pocketbooks.