How Low Can the Market Go? Obama’s Plans Ride on the Answer
I wasn’t fooled. I followed my instincts and trusted my judgment about Obama’s past. He’s a Red Diaper Baby. Only someone who was self-consciously a Marxist at one time and broke with it can appreciate how these people operate. Because I saw in person how these people deceive others. Obama didn’t deceive me. I said he would govern from the Far Left and I’m right. I was mocked by some people for telling it as I saw it. But now I’m having the last laugh.
Nothing of what is happening is a surprise to me. The only surprise is how quickly he is doing this. I thought he would be a tad more stealthy and measured about it. But he and the other socialist, Pelosi, are going for it all right now. It’s as if they know that they only have two to four years to pull this off and then they’re gone. And that will be the case. I think we can reverse a lot of what they put in place, but not all of it. Dick Morris’ assessment is exactly right. This guy knows he’s a one-term president and so he is going to go for it all. The recovery will be sub-par and inflation will build in afterwards. Then the Fed will have to raise rates and induce another recession in order to wring the inflation out – before we can really grow again in earnest.
