Tuesday, August 9, 2011

No Tax Tuesday, What Plan? 8 9 11 Edition

NEW YORK - JUNE 10:  Traders work on the floor...Image by Getty Images via @daylife
Here we are again on No Tax Tuesday. This morning I wake up to my local fish-wrap with the headline, Markets Plummet in Sell Off. Really? You mean the Big Bad Obama plan for the over-hall of the financial markets didn't prevent this? I am shocked and I am in utter disbelief that such comprehensive, well thought out measures were not able to stop this collapse from happening! I hope you read that with the sarcasm and derision it was intended to be read. 

Did any one really think that more government control would really help prevent the market from falling? All the brutal control of the former Soviet Union could not prevent its' own collapse, it only make it more devastating. The only thing more government intrusion and control ever does is make things worse for those it is supposed to help the most.


Did raising the debt ceiling help? No. More debt is never good. That is a simple fact. To put it simply, if I am paying money to "the god of I got to have this now", I can not use that money for things I need or want now. But, we did get downgraded as a country. Maybe Steve Jobs should invest in American debt.

In the meantime our hard earned tax dollars are being "invested" by these knuckleheads in government Czars, bailouts, recovery projects and pork belly spending to buy some self absorbed politician another term in office because they need more time to send inappropriate tweets to fellow twits.

Who will President Obama, the Democrats, and their propaganda machine (AKA the press) blame? President Bush, capitalism, Republicans and the Tea Party. The chances of any politician, let alone this Pharisaical group of leftist busybodies, admitting to anything less than demigod status is slim-to-none. Why be responsible and honest when you can blame someone else?

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