Good morning all!
Well today in the U.S. it appears that the Obama Gov. has received a good message, or should have, that their extravagant spending and ties to communist people and parties, is starting to see the backlash! The Dems just lost 2 big states, New Jersey and Virginia to Republicans. Our debt of just over $12 TRILLION and climbing daily is far to high. Most world economists agree that a countries debt should not be more than 2-3% of its GDP. Ours was until 2008. Now that Obama is in it has jumped to 12.6% in 1 year! We are now borrowing from our great grandkids! Employment is thru the roof and although that is not all Obama's fault, raising taxes on everyone that is still working, capping salaries on business' in a free market system is taking its toll.
New York State will be bankrupt in Dec. and join the ranks of California. Gone are the days when all the big-wigs have to stay in a localized area like Wall St. With the advent of computers and the Internet people can work from almost anywhere. The salary caps have caused thousands of people and their companies to leave the high tax states like the aforementioned to low or no-tax states like Texas, Wyoming, Oregon and a few more. This has caused massive drops of income in the coffers of CA.and NY. and doubled their unemployment lines, hence their both bankrupt.
I have never got a job from someone that has only $100 to their name. You? No and if you chase the wealthy out of your state, thats all your going to have left. Now I know all you Dems luv to blame Bush for all the worlds ills, including the bank breakdowns. I would like to bring to your attention the fact that ACORN, the communist, criminal wing of the Whitehouse has for years put pressure on Congress to get things done in an underhanded, backdoor way! Thru legislation and threats of expensive lawsuits, ACORN forced the banks to give mortgages to the highest risk, unemployed and welfare recipients with great success! If the banks refused they would lose their "Federal Licenses" to hold Branches outside their home states. The banks have been held "hostage" and forced to comply or pay ACORN substantial sums of money to keep them off their backs! Obama has and still backs this tax-defrauding, vote tampering, communist and criminal element that is now fully entrenched in the Democratic Congress, Senate and Whitehouse.
After last nights elections, I just want to tell you all that you have seen nothing yet! Wait till the mid-term elections next year! Obama might be the first "lame-duck" president in his second year, in history! Most states will vote Republican or Independent next year.
The best news of the day here in California is the fact that 1 of our 3 Democratic embarrassments [Polosi, Feinstein and Boxer] will fall next year, and hopefully all 3!
Carly Fiorona, the woman that built the HP printer company into a computer giant, is thrown her hat in to take out the "no-class" disgraceful Barbara Boxer!
So in summary, people are coming to their senses, have had enough of communist policies, and coming to the realization that the Dems are more responsible for the downfall of our banking system than Bush ever was! Bush wasn't smart enough to crash his own B'Day party let alone a banking system!
Have a great informed day,
Cheers, Stiffroot
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