The Blog of littlemangazette

Sunday, November 16, 2008  

Well! He's not even sworn in yet but obama is causing a financial meltdown of national (and maybe even international) proportions already. Thanks to barney franks and christopher dudd, and all the other congressional dems on that particular bandwagon, telling the nation and the world that Fannie and Freddie were not in trouble, as little as three years ago, and three years later declaring them to be a financial embarrasment of global proportions in order to get obama elected, we now have anybody, and everybody, trying their damndest to get bailout money for their own, personal, financial irresponsibilities. Auto manufacturers, city governments, state governments, banks, insurance companies, and who knows where the list will end, are all asking the government to hand them money, that they couldn't manage in the first place, so they will now have even more money to mis-manage in their corrupt and irresponsible empires. I'm just waiting for some damn foreign nation coming to the new administration and asking for their bailout handout. According to obama, it is now a virtue to share the wealth, especially with those who do absolutely nothing to earn it.

That is pure, unadulterated BS. I have had to work hard my whole life (I started contributing to the system at age 10) for what meager earnings I now get out of retirement and Social Security, and with prices rising and taxes being too high as they are, my hard earned dollars (remember, I put money into the system), and now my investments, are dwindling at a rapid pace. And obama hasn't even taken office yet! When obama's tax hikes hit (remember, that bailout money has to come from somewhere), my, and your, hard earned dollars are going to disappear at an even more rapid rate. Add to this the impending increases in social programs (i.e., communist programs) and expenses, illegal immigrants being handed freebies just for showing up on our doorstep, ACORN being given millions for their voter fraud programs, the ACLU being funded by Congress to take your rights away, Congressional dems raking in their share of all these handouts through kickbacks (remember william jefferson?), greedy corporate execs being able to hang on to their golden parachutes and excessive remunerations (which by the way will come out of any bailout money they receive), rising prices of commodities - just because... and the list will go on. My question to you is - where will it all end?

As I see it, this problem precipitated in several ways. First, Fannie and Freddie are government sponsored programs - a recipe for disaster if I ever saw one. Second, franks, dudd, pelosi, reid, schemer, rangle, boxer, clinton, and all the other far left libs in congress turned their backs on an impending meltdown. They were warned but chose to ignore it. Third, obama dropped his hat into the ring and all the far left congressional dems got on the bandwagon to not just get him elected but to reap any rewards for helping out. Most of those rewards will be financial and will be coming out of your pocket. Fourth, the meltdown was finally announced, after many years of democrat denial and efforts by McCain and Bush to avoid it, simply to get obama elected since the dems could now blame it on failures of the present administration. That was a big, red flag right there. Fifth, those of you who voted for obama, bought the meltdown hook, line and sinker. Those of you who didn't vote, played right into the hands of the congressional democrats and the drive-by media, who claimed the election was all but over. There were at least 4 million non-voters, who, if they ever had a brain in their head, would have come out of hiding and voted for McCain, instead of staying home, and he would now be our President elect, instead of obama, who is the reason behind all these woes, that will now cost all of us money and freedoms, including, you, the obama supporters.

Don't even think for one minute you are going to come out of this untouched. Socialism (a nice name for communism) is going to take everything you have. With obama's plans now going to flower, eventually the government will take all your money (just remember how the USSR and China functioned), pay all the big government expenses first (handouts, bailouts, non-functional social programs, organizations that are waiting in the wings to take your liberties and freedoms away etc...) and give you what is left with no possibility of a bailout when you start to go under. And what is left won't be much because all the deadbeats of society, those that won't or don't work, will be waiting to receive an equal share. Prosperity to poverty is waiting for all of us just around the corner. To answer the question of where this will all end, just Google "totalitarianism". Obama and all the far left libs are eagerly awaiting to take your freedoms and money away and then to spend it frivously. The last thing you ever want to do is to give money to a democrat politician. They simply don't know how to handle it!

Little Man