ONCE THE MONEY FOR ALL THOSE "SHOVEL JOBS" IS FARMED OUT TO THE CONTRACTORS...
THE ILLEGAL MEXICANS WILL HIT THE FENCES EN MASSE...!!
BECAUSE YOUR TYPICAL LAID OFF MORTGAGE BROKER AND REAL ESTATE PROFESSIONAL IS IN NO POSITION TO DO THOSE "SHOVEL JOBS" THAT WE HAVE GIVEN TO ILLEGAL MEXICANS FOR YEARS...
I WOULD ADVISE OBAMA TO DO THE FOLLOWING:
1. A LARGE MIDDLE CLASS TAX CUT.
2. SINGLE PAYER HEALTH CARE TO FREE UP JOB CREATION IN SMALL BUSINESSES.
3. A SMALL TARIFF ON MANUFACTURED IMPORTS TO PAY FOR A NEW "SOCIAL SAFETY NET" FOR DISPLACED AMERICANS.
4. INCREASES IN TAXES ON THE RICH, AND ON GASOLINE TO ENCOURAGE PAY AS YOU GO...AND MORE PUBLIC TRANSPORTATION USAGE IN AMERICA.
WHAT OBAMA IS MISSING IS THAT THE PROBLEMS ARE NOT FISCAL OR MONETARY...FAR FROM IT...
THE PROBLEMS ARE STRUCTURAL...AND REQUIRE A DEEPER SURGERY THAN OBAMA, CONGRESS OR WALL STREET...WILL BE COMFORTABLE WITH...
AND CONSIDER:
WHAT IS THE "SIGN" THAT THE OBAMA PLAN IS "WORKING"...?
A MASSIVE INCREASE IN CONSUMPTION... AND IN THE TRADE DEFICIT WITH CHINA...
OK NOW WHAT'S WRONG WITH THAT PICTURE...?
OBAMA IS INCAPABLE OF THINKING ON A MACRO LEVEL... AND HE IS IN DENIAL ABOUT THE STRUCTURAL NATURE OF AMERICA'S PROBLEMS...
SO FAR ALL I'VE HEARD FROM OBAMA ABOUT THIS RECOVERY PLAN IS "PORK ON STEROIDS!"
THIS SHOULD FLY THROUGH THE CONGRESS ...WITH BI PARTISEN SUPPORT...FROM THE "PORKY" REPUBLICRATS!!
BUT ALAS....THE CONSEQUENCES WILL BE DISASTEROUS...
IN FACT...
THE DAY THE OBAMA "PORK PACKAGE" PASSES...?
I PREDICT A HUGE SELL OFF IN STOCKS AND BONDS...!!
NOT A RALLY!!
BUT HEY, YOU GET WHAT YOU FUCKIN DESERVE...NOT WHAT YOU PAID FOR...FROM WASHINGTON AND WALL STREET...
THERE SIMPLY IS NO ABILITY TO THINK AHEAD FROM THESE PEOPLE...
