OBAMA'S BLIND ACCEPTANCE OF THE GOSPEL OF KEYNESIAN ECONOMICS WILL BE A DISMAL FAILURE...
NOT UNLIKE THE MEASURES ALREADY TAKEN BY BERNANKE, PAULSON AND BUSH.
WHAT OBAMA IS MISSING IS THE MASSIVE AND UNSUSTAINABLE STRUCTURAL PROBLEMS IN THE US ECONOMY...
THE TRADE DEFICITS FOR EXAMPLE...ALMOST TOTALLY IGNORED...JUST LIKE THE ASSET BUBBLES WERE...UNTIL LAST YEAR...
THE DOLLAR BUBBLE AND THE BOND BUBBLES...ALSO WILL BE IGNORED UNTIL THEY IMPLODE...
THE OPERATIVE NOTION IS THAT YOU DO NOTHING OF A LARGE OR MACRO NATURE.... UNTIL YOU ABSOLUTELY MUST...
HERE'S THE PROBLEM...IF YOU WAIT FOR THE PROBLEM TO "BLOW UP"...IT'S PROBABLY TOO LATE TO DO ANYTHING...ANYWAY.
HEALTH CARE IS BEING IGNORED...AND IT'S KILLING JOBS AND PEOPLE IN THE US...
DE-INDUSTRIALIZATION IS TOTALLY IGNORED...AS CORPORATIONS LOCATE OFF SHORE TO AVOID AMERICA'S LACK OF INDUSTRIAL AND HEALTH CARE POLICY....
THE MASSIVE WARS AND WAR BUDGETS...ON AND OFF THE BOOKS...ARE OBSCENE, BUT ARE NOW "PART OF THE ECONONY" ESPECIALLY IN THE SOUTH.
AND WHAT DOES OBAMA OFFER TO SOLVE THESE BIG ISSUES...? NOTHING NEW...
MORE "SHOVEL JOBS"...AS IF THIS IS THE 1930'S AND A WE'RE ALL A BUNCH OF 20 YEAR OLDS FRESH OFF THE FARM...!!
OBAMA WILL TURN OUT TO BE THE BIGGEST FRAUD YET ON THE AMERICAN PEOPLE...
I JUST DON'T SEE THE "FIRE AND DRIVE" TO GET THINGS DONE...IN "NO DRAMA OBAMA." HE WILL SIT IN THE WHITE HOUSE AND GO ALONG TO GET ALONG...AND BE A VERY NICE "HOUSE NEGRO" FOR THE POWER CENTERS THAT CONTROL AMERICA...IN WASHINGTON, WALLS STREET AND IN ISRAEL.
LIKE CLINTON OBAMA'S JOB WILL BE TO "FEEL OUR PAIN" ....
BUT DO NOTHING SERIOUS ABOUT IT...
AMERICANS WILL BE IN TOTAL DISPARE ABOUT THE OBAMA PRESIDENCY BY MAY 1ST OF THIS YEAR...
AND BY THE END OF 2009... THE DOW SHOULD BE AT 5000...AND UNEMPLOYMENT NEARLY 10%...
WITH NO RELIEF IN SIGHT...
POSTSCRIPT:
I SEE THE RISE OF A THIRD PARTY MOVEMENT AFTER 2010... AMERICANS WILL HAVE TO WAIT FOR 2012 AND A THIRD PARTY BEFORE ANY REAL CHANGE TAKES PLACE...
