It's The Bailout Culture And Out-Of-Control National Debt, Stupid
Tonight's Republican sweep is meaningful and should not be taken lightly by Democrats as they examine strategies for 2010. The anger was palpable in townhall meetings, and subsequently today in the voting booth, and it wasn't just about health care. Congresswoman Cynthia Lummis seems to have gotten the message, though we would add something else to her mix: a deep frustration with bailout culture and the begrudging realization that we were robbed by Bernanke, Blankfein, Lewis, Paulson and Geithner to the tune of trillions, while Pelosi greased the skids and Reid goosed the slots.
The sucker punch for Democrats is an ever-greater awareness of the national debt among the sheeple right at the moment of their scheduled debt-bubble re-inflation. Projected deficits of $10 trillion over the next 10 years are a powerful wake up call. Just yesterday another mainstream columnist wondered aloud whether the United States would eventually default. Articles of this sort are becoming commonplace, and Obama and Democrats have no one to blame but Krugman and Keynes, and their decades-long obsession with using deficit spending as a means to avoid recession and, in many ways, truth.
And no one should forget scenes like this irate grandmother demanding bailout blood, and what her tirade signifies. That simply is not normal behavior. The natives are restless, and incumbents, especially Democrats, will need a coherent strategy to save what's left of their bailout-beholden, Wall Street-captured political careers. Sadly, they cast their lot with support of TARP (and made Nancy and Hank proud) as well as with the massive, borrowed $800 billion stimulus that will eventually wash up on the shore of irrelevance. It's not so easy to re-inflate a $10 trillion consumer-driven, debt-laden bubble, blow as one might.
Our Suggestion: Stop the Bail, Stop The Spending & Stop The Stimulus.
The party that figures it out first wins, in 2010 and beyond.
The American people (and their children and grandchildren) have had enough.
Watch (don't click unless you're coming from our email newsletter -- video is below)
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Youtube Video: Irate Grandmother Wants Bailout Blood From Republican Bob Inglis
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Nov 4, 2009 at 12:11 AM
Reader Comments (10)
http://dailybail.com/home/townhall-marine-david-hedrick-to-washington-you-work-for-us.html
Way to Go Barry, yawn.
But at least a bell was rung. Good luck with that insane medical bill...
P.S. Been to the post office lately? You really think a government run health care system is a good idea?
The Business Insider post of this is getting lots of comments. The usual suspects assume you're somehow a hack for the GOP. (Natch.)
Gobias,
So why don't you get on over there and tell them how much of an Obama-loving liberal the Daily Bail is. Should make for an interesting thread.
So why don't you get on over there and tell them how much of an Obama-loving liberal the Daily Bail is. Should make for an interesting thread.
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James is right...here's the link...
http://www.businessinsider.com/lesson-for-democrats-its-the-bailout-culture-and-out-of-control-national-debt-stupid-2009-11
And for the record we blame both sides...
"Sadly, it was the other half of the Democratic party that won all the seats yesterday, as another chance to destroy the sickening, cancer laden two party system has passed."
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Couldn't have said it better...
http://abcnews.go.com/PollingUnit/Politics/election-2009-virginia-jersey-exit-polls-obama-economy/story?id=8984551
This writer agrees...
France...By Crispian Balmer PARIS (Reuters) - French President Nicolas Sarkozy, initially dubbed Sarko the American for his pro-U.S. stance, is finding it much tougher to deal with Washington than he had anticipated and is recalibrating his policies accordingly. Stung by perceived snubs from U.S. President Barack Obama and encouraged by the growing importance of the G20, Sarkozy is increasingly reaching out to non-aligned states in an effort to extend France's international influence.
Barack Obama, concerned about offending Britain and Germany, rebuffed strenuous attempts by President Nicolas Sarkozy of France to persuade the new American president to make a trip to Normandy this week.
Germany...Behind Obama's Berlin Wall Snub -- By Rich Lowry
In his first year in office, Barack Obama has visited more foreign countries than any other president. He's touched ground in 16 countries, easily outpacing Bill Clinton (three) and George W. Bush (eleven). It's an itinerary befitting a "citizen of the world."
But there's one stop Obama won't make. He has begged off going to Berlin next week to attend ceremonies commemorating the fall of the Berlin Wall. His schedule is reportedly too crowded. John F. Kennedy famously told Berliners, "Ich bin ein Berliner." On the 20th anniversary of the last century's most stirring triumph of freedom, Obama is telling them, "Ich bin beschäftigt" - i.e., I'm busy.
Wouldn't Obama at least want to take the occasion to celebrate freedom and human rights - those most cherished liberal values? Not necessarily. He has mostly jettisoned them as foreign-policy goals in favor of a misbegotten realism that soft-pedals the crimes of nasty regimes around the world.
An American president will skip events marking the end of a struggle to which we, as a nation - under presidents of both parties - devoted blood and treasure for 50 years. For Barack Obama, 1989 is just another far-away year - and the Democratic party of such men as Harry S. Truman and JFK has never seemed more distant.
http://www.newdeal20.org/?p=6091
http://www.newdeal20.org/?p=6046
By Eliot Spitzer