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ON THE ROAD TO SOCIALISM? WE'VE ARRIVED!

By Pat Buchanan

March 3/09. In his campaign and inaugural address, Barack Obama cast himself as a moderate man seeking common ground with conservatives.

Yet his budget calls for the radical restructuring of the U.S. economy, a sweeping redistribution of power and wealth to government and Democratic constituencies. It is a declaration of war on the right.

The real Obama has stood up and lived up to his ranking as the most left-wing member of the Senate.

Markets are not infallible. But the stock market has long been a "lead indicator" of where the economy will be six months from now. What are the markets, the collective decisions of millions of investors, saying?

Having fallen every month since Obama's election, with January and February the worst two months in history, they are telling us the stimulus package will not work, that Tim Geithner is clueless about how to save the banks, that the Obama budget portends disaster for the republic.

FULL STORY>

- http://www.ibdeditorials.com/IBDArticles.aspx?id=320977608242634&type=right

 

IS AMERICA BEING DELIBERATELY DESTROYED?

March 3/09. As the Dow continues to plummet and President Obama’s approval rating continues to diminish, it is time to ask if all the programs being put forth by his administration are a deliberate effort to destroy the nation’s economy.

These mindless borrowing, spending and taxing programs can have no other rational purpose than the deliberate impoverishment of all Americans through joblessness, rising taxes, the debasing of the dollar’s value, and environmental regulations that will cripple industry and increase the cost of energy.

If a foreign power had invaded our nation and imposed these measures we would be at war with it.

With all the numbers, the billions and the trillions coming at us every day, White House budgets, proposals to raise taxes “on the rich”, a new health care scheme, a “cap-and-trade” emissions plan to penalize utilities and all other companies for releasing “greenhouse gas” emissions, it has been a dizzying ride since January 20th and it’s all downhill.

FULL STORY>

http://canadafreepress.com/index.php/article/8974

 

 

 

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