BHO working fast and furious towards the USDSA

Having been silent for as long as I can, I needs must raise my voice about the huge erosion of first amendment rights for free speech as is being suggested by both the BHO administration on Internet control, and the liberal-leaning BHO administration officials such as David Axelrod.

 

Having warned of this condition on October 3, 2008 before BHO was elected, I listed the highest 10 priority policy changes that BHO and his SMDC would attempt to implement that would move the USA towards the USSA or more likely the USDSA (United Social Democratic States of America). For those that do not remember or never learned what the code name "Social Democratic" formation means, you will  need to review your European history of the last century.

 

The changes which have already been started are:

 

• #1: Nationalized health care (see 2010 BHO budget)
• #2: Repeal of Washington DC successful voucher program
• #3: Giving the over 50% non-taxpayers "tax cuts"; raising minimum wages
• #4: Tax credits for 1st time home buyers regardless of credit-worithness
• #5: DOD/DOJ appointees that believe in "transnationalization" and BHO own unilateral declaration of USA disarmament on his "apology" tour of early 2009.
• #6: Use of Mexican drug cartel problem to go after US citizens' 2nd amendment rights
• #7: US Senate hearings on bringing back the "Fairness Doctrine"
• #8: DHS designation of single-issue Christian religious groups as "extremists"
• #9: TARP/TALF giving control over US Corporations and banks even to the point where the BHO administration can hire and fire; implementation of pro-Union legislation
• #10: Implementation of a "cap and trade" program backed by the EPA designation of CO2 as a pollutant!

 

This list even shocked your blogger as all 10 have been orchestrated into existence much sooner than even I would have thought possible. I believe that BHO is beginning to understand that he will not get a 2nd term (he will pull a Jimmy Carter) and his SMDC may get reduced in the 2010 Congressional elections so he is doing what he can NOW.

 

Truly unbelievable the amount of change that elections bring, eh?

 

BHO/Clinton being naive towards Russia

Once more the naiveté of the BHO's administration and his new Sec of State Clinton is showing up in the old Soviet Union as BHO/Clinton attempt to "push the reset button" with Russia and its strong man - PM Putin.

 

How can I make such an assertion? Am I a Russian political or historical expert? No, but I listen to a man that is: Garry Kasparov. Yes, GK is the ex-Russian chess IM (international grand master) that has turned his unbelievable intellect towards opposing the current Russian government made up of the puppet, Dmitry Medvedev, and the real power, Vladimir Putin.

 

Mr. Kasparov has pointed out that Mr. Putin is fighting for his political life and needs higher oil prices to maintain his power base, and so this leads to his need to ensure that the Middle East stays unstable to keep oil prices shifting. If oil prices stay depressed for much longer, Mr. Putin may have to relinquish his grip on power.

 

However, in order to prevent this, it would seem, BHO and Clinton are throwing Mr. Putin a lifeline by wanting to give Russia a "do over." Mr. Kasparov has stated clearly that it is a risk to do business with a tottering Mr. Putin, but far be it from anyone to tell Sec. Clinton that she may be naiveté.

 

Such arrogance and we will all pay the price when it comes tumbling down. The Islamic radicals are laughing at BHO and Sec. Clinton thinking that if they just "play nice" with them, they will not attack us. Radical Islam doesn't care if you are Republican or Democrat, black or white, male or female. We are the "great Satan" to them and nothing will change that regardless of how much the BHO administration bends over backwards to accommodate them and try to repair "our damaged international reputation after 8 years of Bush's lack of diplomacy..." (BHO during 2008 campaign).

 

We will be attacked during the BHO/Clinton administration and the buck will stop with his complete lack of understanding of "why they hate us."

 

 

 

It's now officially BHO's economy & country

It is now officially BHO's economy and problem! Why? Well, the BHO impact on the market now equals the Bush-43's. Let's go through the numbers...

 

The DOW at its highest point in Oct 2007 was 14152 and was 9512 on Nov. 4 when BHO was elected to the as the 44th POTUS (President of the US). That is a 31% decrease.

 

From the 9512 on Nov. 4 to today's close of 6594 now also equals a 31% decrease the same as the Bush-43's impact.

 

Many who do not understand how the market works will say that its not fair to put the Nov 4 DOW value at BHO's feet, but these people do not understand that the market is a "discounter of the future, not the past."

 

The stock market is looking 3-6 months down the road and so BHO's election on Nov 4 until today was the discounting of the market looking into his administration's actions and policies.

 

So from this point on, BHO has to take complete responsibility for the economy or he can't take kudos for its recovery. You can't have it both ways.

 

So welcome to the BHO/SMDC's economy and country.

 

The Incogitable BHO 2010 Proposed Budget

If you thought the malversation of the Bush-43 administration was unbelievable, the BHO and SMDC are going to continue this practice with their deficit busting almost $4 Trillion 2010 budget! The sheer incredulous nature of a four trillion dollar exceeds the mental grasp of most people since spending this amount of money let alone paying for it sends the mind into a quivering fetal position.

 

This proposed budget which will sail through the SMDC without much debate or public inspection will only balloon the public's inability to deal with these size numbers since "95% of taxpayers will not see one dime of increase it their taxes..." The largest block of voting citizens -- those hoping to get the 95% treatment -- ignore these numbers living under the false impression that only the top 5% will pay for these outlandish budget demands. So sad, so typical, so American...

 

The FY 2010 budget is so filled with socialized program expansion it would seem that America now believes that BHO and the SMDC can and will take care of them from "cradle to first day of college..." In other words, they are now getting accustomed to the taste of the lactating nanny state.

 

As I said in my previous posts: America, you voted for this, and now you get to live with it. Such unimaginable explosions in government spending and tax levies can not but alter the American culture beyond return to reason. This year's budget alone is over 400 times the entire US GDP (total economic output or production) during the time the founding father's were arguing over the growth and control of centralized federal government. Wouldn't they be flabbergasted by the size of next year's proposed budget?

 

Yes, the numbers are correct: 400 times the entire country's output not the colonial budget. I am using the country's GDP (gross domestic output) to compare it to this year's US government budget. It is more than the entire Global GDP for 1946! Totally incredulous and incogitable.

 

BHO's background is key to his future

BHO education and training under his socialist mentors most notably Saul Alinsky will eventually come out since one's background is not so easily shed in adulthood. Remember the Biblical admonition about a child's training and "departing from it" is not the normal course of adult behavior.

 

BHO has so far been right on target using the Alinksy tactics of "ridicule and agitate" by poking fun at conservative fears over his supposed socialistic ideals. He then releases his supporters behind the scene to allow his deniability. Don't get me wrong, I admire BHO in that he knows how to be political and covert. This is another one of Alinsky's tactics of misdirection to obscure the radical's true socialist beliefs.

 

The real indication of BHO's intentions are coming from the people he is nominating for his key positions. These underlings are going to be foot soldiers in BHO's march towards the left. Yes, he will have be crafty and slow about his agenda, but he will try and loll the public into complacency by dealing with the economy. Behind the scenes he will be working his magic and moving slowing towards two major goals:

• establishment of "economic justice" by using the current economic crisis as cover
• establishment of "legal justice" by appointment of life-term leftist jurists

 

The accomplishment of these goals will have lasting impacts on the USA future and potential.

 

Sayings & expectations live on and on

We have to act NOW!

If we don't act, the markets will crash!

Too big to fail.

Can't let Wall Street go under.

Have to do something.

We can't let them fail.

We have to help the poor home buyers.

Have to bail-out Detroit.

Obama will save us.

Obama is the new JFK, FDR, and Lincoln.

 

OK you have seen all the above panic and mania statements that have brought us to the point where we are now. All of them are now seen to be totally ridiculous and/or just plain silly.

 

We in the USA have lost our way, and the rest of the world is laughing at us as we become a nation of screaming, teeny-boppers or groupies ("girly-men" as AS put it) chasing one possible solution after another.

 

Remember when Hank Paulson and the Bush-43 White House told us that had to act now, do this now, allocate the $700 Billion USD now or the markets will crash and companies will go out of business. Well guess what? We gave them $700 Billion USD and have promised over $2.5 Trillion USD more, and the markets have crashed and companies have gone out of business.

 

These are supposedly the best and brightest from Yale, Princeton, Harvard, MIT, and Oxford. Am I to be impressed by their results? Am I to be "tingling" with excitement over the election of an inexperienced, untried, untested first term Senator from Illinois?

 

I am saying that the next 4-8 years is going to be a nightmare when all the expectations come home to roust, and BHO has to pay off his supporters from the far-left.

 

The problem with sayings and expectations is that in a world of 7/24 media, they will never be forgotten. They will be back to be thrown in the face of those that said them and a pile of CROW is going to be served up for their enjoyment.

 

BHO picks an almost Clinton dream team cabinet

So the BHO cabinet is finally set and what a gallery of rogues or saviors depending on your perspective. So let's take BHO at his word: "CHANGE"

 

We have almost ALL of the cabinet-levels members from the Clinton White House.

 

• Chief of Staff: Rahm Emanuel
• State: Hillary Clinton
• Treasury: Tim Geithner
• Attorneys General:
• Commerce: Bill Richardson
• Homeland Security: Janet Napolitano
• Health & Human Services: Tom Daschle

 

What does this say about BHO's promise of change? I am guessing that if BHO keeps Gates at DOD, the left wing blogs are going to go nuts! You couldn't have a more Clinton-leaning cabinet than the one that BHO is nominating. Why did Hillary need to win the White House? Her dream team is in there, and do you think that they are going to be loyal to BHO or HC?

 

BHO had better make sure there isn't a "shadow government." Could Bill Clinton be the "shadow president?"

 

BHO's picks show that he isn't very creative or thinks much out of the box. BHO promised change, change, and more change, and he nominated almost a complete roster of ex-Clintonites.

 

However, the people of New York should be very happy, she is out of their hair. Now if they could only get Charlie "Chaplin" Schumer to leave NY as well, but that's too much to hope for, I would guess.

 

So now BHO could probably say, "Change I promised to get elected, but don't really plan to offer."

 

 

"Change we Need" is taking a hit with appointments

Why do people who voted for BHO believe that they got "change we need", "change we can trust", "change we can believe?"

 

BHO continues to nominate ex-Clintonites to his cabinet so much that it the main talk around the beltway. How can BHO profess to be for change when its the same-o-same-o when it comes to his new cabinet and top lieutenants. I have telling liberals/Democrats all during the election that BHO is not change, but just bigger liberalism that is gripping the nation to the point where the markets not happy and capital is high-tailing it out of town ahead of all the taxes that BHO has promised he will "sock it to" the rich.

 

Now Detroit and its unions have arrogantly told Congress that they either pay up or we cause you tons of problems. The Republicans going out of business are standing tight (now they do it) and the Democrats are saying they don't have the votes in the lame duck session, but just wait until after January 20, 2009. Rep. Barney Frank (MA-D) basically told the Big-3 CEOs who flew in on their private jets to beg for public money that after January things will be different.

 

Read this to mean that the SMDC will open the public coffers to pay for their supporters including the unions for the auto industry, educational industry, governmental workers, etc. This means that they will either pay for these bail-out by printing money or raising taxes.

 

The die appears to be cast. BHO is going to send the country into a deeper, longer, and more severe recession with his policies and those of his Congressional henchmen.

 

Stand by, its only going to get worse.

 

Called the market action on the nose BHO effect

The markets sold off to the 804 on the SP 500 and closed < 8000 (into the 7000) for the first time since 2003. Please see my Nov 15th blog post ("Outlook for the markets this week") for the call last week.

Come back for more sound calls and indications where the market goes next. Remember, when everyone is calling the bottom, it ain't it.

Why are the markets in a rout? I call it the BHO/SMDC effect. As it becomes clear that BHO and his SMDC are going to be able to do anything they want without fear of Republican intervention, the smart capital is pulling their investments from the US equities and moving it into cash and overseas.

This is what happens when you say the magic words: "Share the wealth." Well if it keeps going, there will not be much wealth to share.

BHO and Media's honeymoon already cracking

The news from the Obama world is coming in form of criticism by the MSM (main-stream media). This could be the first indication that the BHO-MSM wedding is now entering the post-honeymoon period.

 

The Washington Post yesterday in a column by Howard Kurtz, normally a very avid BHO supporter wrote:

 

"There's nothing wrong with the country pulling together... we seem to have crossed a cultural line into mythmaking."

 

Ya think!

 

This MSM (main-stream media) is making it so easy to write such wonderful, glowing things about your new President BHO. Remember, I am opting out of calling BHO "my President" since I don't believe he has the country's best interests at heart.

 

Hey, you liberal/Democrats did that opting in 2000 when you claimed that Bush-43 stole the election. I am doing it on the basis that BHO deceived the voters. Something I think will become more and more evident once the MSM really gets behind the inevitable "BHO-bashing" that is going to come.

 

Just remember, ITYS (I told you so).

 

 

Obama watch continues on all channels

Took yesterday off due to a huge snowstorm that hit us in the Northeast and so had to get some things done that prevented me from blogging yesterday, but it seems it was a slow news day anyway.

 

Today its more of the Obama-watch that all the media is engaged in even the conservative talk radio shows are spending all their time on this very idiotic pastime. I am getting a break from having to listen or tune to these shows while this mania is going on across the country.

 

I am now getting more email spam for BHO coins, T-Shirts, murals, etc. than I used to get for penis enhancement, porno-this, porno-that, Viagra and Viagra work-a-likes, and every other thing under the sun. BHO-mania items is eclipsing everything!

 

It means I get to watch some of my favorite TV shows that have been backing up on my largely enhanced TiVo type device that can record over 2500 hours of TV shows from my satellite service. This means that I can record all my shows and not watch them for about 6-9 months. With this device, I have not watched a commercial (probably why I maintained my sanity during the recent election) since I have written a very small Java program (don't worry about it if it sounds techie, it is) that goes through the shows and cuts out the commercials unless I have told it that I am interested in a particular commercial. You can bet the BHO and McCain commercials were dumped before they returned to the "regularly scheduled programming."

 

Anyway, enough of my technical prowess, its the mental processes that took a break yesterday as I had to deal with physical procedures and processes of survival in my neck of the woods. When it snows, no one comes and plows my lanes, no one comes and pays my electrical bill, one comes and pays my mortgage. I have to get out and do those things for myself which is what it should be.

 

More posts on the auto industry bail out of the UAW (united auto workers) union pension and health care, global warming, and other neat little tid-bits of current events.

 

How history may look at this watershed period

History will most likely look back on the election of 2008 as the watershed election of the 2100st century in that it was the beginning of the end for the USA. It will be studied as the point at which the USA began its slide into mediocrity and 3rd world membership. BHO will get his wish as the USA takes it place in the world as just another has-been like the UK, France, Russia, and Japan.

 

This world can no longer tolerate a USA as the sole superpower so they are applauding how "the one" is going to reduce the power, prominence, and position of the USA to just a "member of the global community" without a strong military, without strong borders, and without a strong sense of national identity. BHO has said that its time the USA took its place amongst its neighbors and this means that the USA must be severely ham-strung.

 

Why do I say all this? It's very simple. The world can not move towards a one world government with the USA remaining as a sole superpower. The vacuum left by the USA's loss of such status will be filled by the UN as all the little countries of the world fear each other and are willing to give up their freedoms and sovereignty to gain what they think will be world peace.

 

This is the future for the world and the USA must take its place and BHO will be the beginning of the move towards that future. My next post will list the things that BHO and his SMDC will do to begin this process of change for the USA.

 

BHO's associations now talking like magpies

Why after the election have all the alleged radical associations begun speaking to the main stream media? Ayers, Wright, Farrakan, Dohrn, and others have all began showing up in public and speaking on shows and in interviews now that BHO has successfully gotten himself elected without the radical associations being fully vetted.

BHO's own potential staff questionnaire asks if these people who want to work for "the one" have an associations that might embarrass "the one." WOW! What a level of hypocrisy? What a "do as I say, not as I do." This is will come back to haunt the Americans that voted for "the one." This will come back to haunt the country which "the one" is going to change forever.

This should not surprise anyone since BHO's own past and education in the world based on the radical writings of Saul Alinsky says that a radical must hide and obfuscate his true nature until he is in a position of power to be able to show his true colors.

BHO is now going to be the 44th POTUS, and this should give him the cover he needs to implement his liberal agenda.

Double standard setting up to forgive BHO's mistakes

My pleasure at seeing Alan Colmes, a very liberal Fox News commentary on the Hannity & Colmes show, be somewhat honest in his perspective about the failure of both parties in the creation of this current financial crisis was dashed last night when he began the normal far left/liberal setup for blaming Bush-43 and Republicans for everything that will go wrong with BHO's first term.

 

During Bush-43 first term, Mr. Colmes like most liberals were so bitter that the 2000 (that was a whole year before Bush-43 took office) internet bubble pop and the resulting recession and job loss scenario that took place into 2001 blamed everything on Bush even though it began and blossomed under the last year of Slick Willie's last term.

 

Now that it looks like BHO is going to get the same negative treatment from the economy, Mr. Colmes is saying that it the jobs loss in 2009 will have be laid at the feet of Bush-43 not BHO. So you see, impotent and meek Republicans, you are about to get blamed for everything, and in your "turn the other cheek" mentality of playing by the rules you are going to get politically raped and feed to the sharks.

 

Since the Republican Party has no cahones to fight back we will see BHO and the MSM (main stream media) blame, and blame, and blame the Bush-43 administration for all the ills of the coming recession that BHO will exacerbate with his raise capital gains taxes, raise corporate taxes, and raise the minimum wage, etc. BHO will be given a complete pass and Bush-43 and the Republicans which will take it like a cow to the slaughter without even fighting back.

 

Just letting you know this ahead of time since I still believe the Republican Party needs to die and be buried with a bit of fanfare, but not too much since they killed themselves in a sort of weird form of political suicide.

 

Colmes may be right thinking that he and his far left liberals will get away with blaming it on the Republicans and Bush-43. However, if BHO and his SMDC over reach, they could get slapped hard in 2010, but it all depends on if they do it by "killing me softly..."

 

BHO potential staffers to fill out invasive questionnaire

I can't even get a break on all the hypocrisy and gaffs coming from the BHO OPE (Office of the President-Elect). Now they are sending out a 7 page questionnaire to all potential staff asking things like:

• Do you or anyone in your family owns a gun?
• Have you done anything that would potentially embarrass the President-Elect?
• Do you have a facebook site, if so, provide posts, links, and emails?
• What are your handles, nicknames, and links used online?
• Have you been associated with Freddie/Fannie? (opps, there goes Rahm!)

 

This is really going to be a really circus, and the media that was loving him is now doing all the work for us members of the disloyal opposition (DO)! Remember, I told you that the media would get tired of fawning over him and begin the picking the bones. Happened already. Dang, that was fast!

 

Also, if you think about it, it is rather the height of hypocrisy for "the one" to be asking all this personal information of his potential staffers when it was considered "racist" during the campaign to ask these questions of the messiah (as Louis F. called him).

 

Additionally, BHO himself would not even be able to be one of his own staffers; how does that strike your funny bone? I am not making this up! Google the Obama staff questionnaire. It would seem that even BHO can't keep the leaks tight, and he's not even in the White House yet.

 

As I have said before, the next 4 years is setting up to be a conservative blogger's dream.

 

 

 

BHO's children to attend private schools not the DCPS!

As the daily stream of "Change we can Trust" continues, so does the hypocrisy of the BHO team.

 

Now it seems that BHO's 2 young daughters are going to attend they very prestigious, but very private, Stidwell Friends school instead of the ridiculously over-unionized and inefficient Washington DC public schools where 59,000 students of mostly lower to middle class working families are trapped in a veritable cesspool of teacher incompetency, administration wastefulness, and extremely poor student performance.

 

Oh, they are saying that its for security reasons, but other Presidents' children has attended the Washington DC public schools without security problems, and the Secret Service does not limit a President's choice of schools for their children.

 

Look up the stats (last year available 2003) for the DCPS (DC Public Schools) and see how poorly the average students performed regardless of the over $18,500.00 per student per year that is being spent.

 

Now why doesn't BHO send his children to the DCPS?

 

Why doesn't BHO support vouchers to allow trapped inner city children to opt out and go to better schools like he is doing for his children?

 

Hypocrisy is the word, folks, unabased, naked hypocrisy that we come to expect from BHO and liberal/Democrats on topics like free speech (if it is liberal-oriented only), gun ownership, wealth, renewable energy, etc. Liberals practice the height of hypocrisy in almost all aspects of their lives. They can't help it. It's in their nature to live by the principle:

 

DO AS I SAY, NOT AS I DO!

 

Liberal/Democrat hypocrisy will be a main topic of this blog throughout the next 4 years, and BHO is making it so easy to come up with topics and examples.

 

BHO is now the modern-day FDR!

Now Time is comparing BHO to FDR on their new cover. This Obamamania is just plain silly. It's like a bunch of "girly men" like Chris Matthews for example getting tingles up their legs when BHO speaks. It is just plain silly.

 

To act like a little school girl over the election of anyone is beyond the creditability for even the Democrat Party. Pictures of women and even men crying in Grant Park on Nov. 4, 2008 when BHO stepped up to take his victory lap are being emailed and shown around the globe. What must the rest of the world think of the once great and proud USA?

 

BHO has been called "the one," "the messiah," "the chosen one," and tons of other superlative epitaphs that I think he is being set up for failure at least from our perspective: the disloyal opposition. We are going to tag him with description as his policies fail and turn this recession into a much longer and deeper one. He will have to bail-out everyone and everything, pay-back the unions, put policies into place that are going to stifle the small business and entrepreneur killing jobs in kind. However, let's make sure that we let everyone know that he is the modern FDR.

 

OK, so he is. Let's just take that for granted for now. What did FDR give us?

 

1. The New Deal which nationalized huge parts of the economy
2. World War II - it began on his watch, like Bush-43, he has to take responsibility for it
3. The Great Depression - again on his watch, his fault
4. The nuclear bomb - created under his signature

 

That sure makes most liberals I know just sit up and cheer. FDR did everything that liberals say they are against are are fighting Bush-43 over today.

 

Interesting when the shoe fits the other foot, eh?

 

Will BHO govern from the center? When pigs fly!

So many Republican pundits (K. Rove, N. Gingrich, G. Beck, etc) are saying that BHO will have to govern from the central; that the economy will not allow BHO to move left; that if he is going to consolidate his power, he must move to the center.

Well, Bull crap!

I called the election right on the money on Oct. 2, 2008 by saying that BHO would win in a landslide with near 400 electoral votes (he got 370), and he would get an SMDC (super-majority Democratic Congress), and I am telling you right now that BHO will NOT govern from the center. He will be the one that moves left and tries to pull the country with him. He is running on pure power-trip right now and with the Senate races going in favor of the Dems to give them a 58-59 majority, they will not need Lieberman whom they will jettison very quickly by stripping him of his Chairmanship of the very important Homeland Security and Governmental Affairs committee. This committee is central to the war on terror, and this committee chairmanship will be given to a Democrat that supported BHO.

BHO is the most liberal Senator in the US Senate, and he got elected with the help of the most radical leftist organizations in the country: Moveon.org, Media Matters, the Daily Kos, ACORN, and the ACLU. I am not even going to mention the Socialist Democrats of America, and the American Communist party. Throw in all the big unions (AFL-CIO, NEA, Teamsters, GovWorkers, etc), and you have a cauldron of leftist, socialist, and radical supporters that are already demanding payback. Go see each one of this organization's websites and see what they are wanting from BHO and his soon-to-be SMDC.

Govern from the center? Yea right. A tiger doesn't change his stripes that easily. Watch how quickly he implements his agenda using both executive fiat and Congressional legislation.

We will tick them off here as they are implemented.

No, BHO & Congress will sink this economy

I take it back, BHO and his Congress (Pelosi/Reid) ARE going to make the financial crisis worse. Just listening to Speaker Pelosi talk about bailing out this industry and that industry is just silly, and also, she is saying that we don't need to support or allow off-shore drilling now that oil is < $65/barrel!!!!

 

What a nit! Pelosi is going to dray BHO and his legacy into the history books as another Hoover and FDR beginning the next big depression. Bowing to his supporters: labor (unions, education, government, etc.), old age (AARP), and others will make BHO do things that are just going to sink this already unstable economy into fits of depression (pun intended).

 

I don't think he will be able to stop these people that are going to demand satisfaction for supporting "the one." He tried tell everyone he was taking contributions from small investors via the untraceable Internet so he would not be owing them anything once he won the election.

 

Well, he did, and now he does! It's the same old Washington politics all over since those that supported him are the same old Washington political operators and they know how to play this game and are going to keep it going as long as possible.

 

BHO and Congress could make crisis worse

Here is the next shoe to drop on creating the next Depression. It is now the American labor unions that are asking BHO when he takes office to reduce free trade and raise international tariffs and fees. This is exactly what Herbert Hoover did with the Smoot-Hawley Act in 1930 even though President Hoover did not want to sign the bill and over 1028 economists wrote to Hoover and pleaded with him not to sign the bill.

Hoover did however, and the global trade market almost dropped by 25% over the next 3-5 years. Canada, the UK, and many European countries retaliated by raising their tariffs on American goods taking the world into a trade blockage war.

If things all come together we could have a similar situation with BHO having to payback the unions for their support in his successful campaign. While this will not do exactly the same thing as it did in 1930, it could severely impact trade around the world in an already unstable global economic picture.

Tread carefully, BHO and Congress, your next acts could make this financial situation worse.

What am I saying??? I expect them to do the wrong thing and to make it worse. It's almost inevitable.